Business Daily

Turkey's currency has been in free fall this week, reaching a record low against the US dollar. The Lira's collapse has been sparked, in part, by President Recep Tayyip Erdogan doubling down on his controversial economic policies, such as demanding that the central bank cut interest rates despite rapidly accelerating inflation. Ed Butler explores why President Erdogan is so attached to the policy, at the expense of three central bank governors in the last three years, and asks what impact the currency crisis is having on Turkey's economy. Ed speaks to Gulcin Ozkan, professor of finance at King's College London, economist and former fund manager Mohamed El-Erian, and to a forlorn wealth manager in Istanbul. Producer: Will Bain(Picture: Turkish Lira notes; Credit: Getty Images)

Starbucks workers in Buffalo, New York, are this month balloting to join a union - part of a surprise post-pandemic trend in union activism across America, as retail and hospitality workers find that the tight post-pandemic labour market is giving them more bargaining power with their employers.Ed Butler speaks to Michelle and Jaz - two baristas in Buffalo, New York, who are encouraging their colleagues to organise - and to Richard Bensinger, who hopes to represent them as part of the Workers United union. He reckons this marks a turning point for unions in the US, which have for decades seen thin membership numbers.We also hear from Stephen Delie at the Mackinac Center for Public Policy, a Michigan-based think tank and advocacy group for "right-to-work" laws, which discourage union membership. Unions, he says, take workers' hard-earned money for little or no return.(Picture: Starbucks union supporters posing in a group photo with Representative Alexandria Ocasio-Cortez; Credit: Michael Sanabria)

Would you want to live to 150? With leaps in technology, science and medicine, it's becoming an increasingly realistic possibility.Elizabeth Hotson talks to Sergey Young, founder of Longevity Vision Fund and author of The Science and Technology of Growing Young. Sergey tells us why he embarked on a mission to help us live longer. Plus, Dr Michael Hufford from biotechnology company, Lygenesis tells us about organ regeneration technology, which enables a patient's lymph nodes to be used as bioreactors to regrow functioning ectopic organs.We also go on a voyage of discovery into the world of cryonics with Dennis Kowalski, president of the Cryonics Institute in Michigan, where you can have your body frozen and stored until the technology exists to bring you back to life some time in the future. We also hear from Paul Hagen, who's planning to follow his father's footsteps by undergoing the cryonics procedure.(Picture of an energetic older couple via Getty Images)

Texas has introduced the most stringent abortion law in America. Tamasin Ford assesses some of the reaction to this law by employers and employees who have traditionally been attracted to the Lone Star State because of its low taxes and lower house prices. Ashley Lopez, NPR journalist in Austin explains the complexities of the law and how it will disproportionately affect women of colour. Curtis Sparrer, co-founder of PR firm Bospar, explains how his company is offering to help relocate employees who want to move out of the state. And Vivek Bhaskaran, CEO of Austin-based QuestionPro, explains how his company will offer financial assistance to employees who need to get a termination. We also hear from Valerie Veteto, who moved to Texas, attracted by its job prospects and low house prices, but is now preparing for a move to New York.Producer: Nisha Patel(Picture: Protests outside the Supreme Court in the US Credit: Getty Images)

On Business Weekly, we look at the new wave of Covid-19 that’s hitting several European countries. We hear how the different take-up rates of vaccinations and booster shots are making things difficult for governments and how some are now resorting to lockdowns just for the unvaccinated. We also hear about the growing incidences of mobile phone spyware, and how unwitting victims are having their every movement tracked by modern day stalkers. Plus, we look at period poverty and sanitary sustainability, as the market for menstruation products widens. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.

Happy World Toilet Day! It is that day of the year when we all need to overcome our embarrassment and discuss what is normally a taboo topic. Hundreds of millions of people still have no access to a toilet, putting them at risk of disease, sexual assault and public humiliation.Tamasin Ford speaks to the inventor of World Toilet Day, Jack Sim, about how much has been achieved since he founded his World Toilet Organisation 20 years ago to promote discussion of this topic. We also hear from Catarina de Albuquerque, who served as the first United Nations Special Rapporteur on the right to safe drinking water and sanitation, and made it one of the UN's sustainable development goals.Also, consultant Timeyin Uwejamomere talks about the challenge of introducing proper sanitation in the slums of his native Nigeria. Plus Chilufya Chileshe, policy director at the charity WaterAid, explains how the lack of a toilet leaves women and girls vulnerable to sexual harassment, and interferes with their education.(Photo: An eco-

Is it time to stop the freeze of the country's financial assets and donor aid or will that just legitimise the Taliban? Ed Butler speaks to John Sifton, the Asia advocacy director for the campaign group Human Rights Watch, who says the west should ease up on its sanctions to help alleviate the situation. But Alex Zerden, who worked with the US Treasury department in Kabul from 2018 to 2019 and is now a senior fellow at the Centre for New American Security in Washington DC, defends the current US refusal to open the financial taps, says the Taliban itself is primarily responsible for the mess the country's in. Ed also speaks to health worker Karsten Noko from MSF (doctors without borders), who is desperately trying to keep its operations running without properly functioning bank services. And Masuda Sultan, a US-Afghan aid worker, who campaigns for the non-profit Unfreeze Afghanistan, tells him how bad the situation is there. (Picture: Afghan grandmother and her grandchildren, members of one of the Afghan fami

Can this multi-million dollar industry help the climate and fight period poverty? Tamasin Ford speaks to Marisa Meltzer, a writer in New York who recently tried them out. Maria Molland is the CEO of period underwear company, Thinx, who says that sales of their underwear, ranging from $17 to $34 a pair, boomed during the pandemic. Rochelle Burn is the Executive Director of the Environmental charity, Greener Future in Toronto, who focus on litter clean-ups. She says one of the main things they find washing up on the beach is tampon applicators. And Helen Lynn from the Women’s Environmental Network, a charity working on issues that connect gender, health and the environment says that the unaffordability of sanitary products as well as the taboos surrounding periods are still a problem. (Picture: Period pants; Credit: Getty Images)

With the number of devices infected with stalkerware rising by over 60% in a year, many are worried about the consequences. Ivana Davidovic speaks with Maria who, even after managing to leave her abusive husband of 25 years, was still not free from his clutches.Eva Galperin, who founded the global Coalition Against Stalkerware, explains how more training of law enforcement agencies is needed because many victims feel they are being gaslighted when they ask for help. She is also fighting for greater inclusion of stalkeware apps among anti-virus software manufacturers.In October this year, Google pulled several stalkerware adverts for apps that encouraged prospective users to spy on their partners’ phone. One of those apps, SpyFone, was banned by the US Federal Trade Commission in September for harvesting and sharing data about people’s movements and activities via a hidden device hack. Despite these positive moves, stalkerware apps and advice on how to use them are still easily accessible online.Xena Olsen tel

What was really at stake at the COP26 negotiations in Glasgow, and how much have the politicians done to avert a climate disaster?Justin Rowlatt speaks to two researchers on the frontline of the climate crisis. Carrie Lear, professor of earth sciences at Cardiff University, explains why she fears the Antarctic ice sheet could melt far quicker than people assume, inundating coastal cities around the globe. Meanwhile Professor Daniela Schmidt of Bristol University says the chemistry of the world's oceans is changing so fast that it could take marine ecosystems millions of years to recover.Given how high the stakes are, how significant was the progress made in the latest iteration of climate talks? Justin speaks to sustainability expert and veteran climate diplomat Rachel Kyte, dean of the Fletcher School of international affairs at Tufts University in America.(Picture: Globe balanced on the edge of a shelf; Credit: Getty Images)

Why is the black community still so poorly represented in leadership positions? We speak to the changemakers who are doing something about it. Kike Onawinde used to represent Great Britain in the javelin before setting up the Black Young Professionals Network, which is all about connecting ambitious future leaders. Jean-Marc Laouchez is the President of the Management Consultancy firm Korn Ferry Institute in Paris, who says the main reason why things are not changing is because of the established power structure. Abdul Karim Abdullah, is a clinical trial manager for a pharmaceutical company in New York. He founded the culture festival, Afrochella, to celebrate African culture, food, music, art and fashion. Najah Roberts is the founder and CEO of Crypto Blockchain Plug in Los Angeles. It’s one of the first African American owned over the counter cryptocurrency exchanges in the US. She says a big problem for African Americans is that they have been prevented us from acquiring wealth and that virtual money could

In Business Weekly, we take a look at the splitting up of a 129-year old behemoth. General Electric announced that it will divide itself into three separate companies. Does this mean the end of conglomerates that span several sectors and make a multitude of diverse products? Also, the former finance minister of Afghanistan tells us that the Taliban takeover was due in no small part to massive corruption within the government. We take a look at the row over the increasing amount of raw sewage that's being allowed to flow into the UK's rivers. Also in the programme – the sale by Elon Musk of some of his shares in Tesla, after asking his Twitter followers whether or not it was a good move. And as the German media giant, Axel Springer, announces plans to force managers to tell HR departments if they start a sexual relationship with a subordinate, we take a look at the difference between American and European corporate cultures. Business Weekly is presented by Matthew Davies and produced by Philippa Goodrich.

Are Hong Kong's days as a major financial centre now numbered? The end of the pandemic has seen renewed economic growth. But some say tough anti-Covid rules and anti-protest laws are undermining what was once Asia's leading financial hub as thousands of people leave the territory. Ed Butler speaks to Edward Chin, a HK hedge fund manager who's now temporarily moved to Canada following the security crackdown. Tara Joseph, President of the American Chamber of Commerce in Hong Kong tells him recruiting foreign workers into the territory is now proving much harder. Vera Yuen, a business lecturer at the University of Hong Kong, says wealth management services for the Chinese are providing big growth for territory. And Mike Bird, the Hong Kong correspondent of the Economist magazine says both the Covid restrictions and the national security law may start to really hurt Hong Kong in the longer term.( Pic: Sunrise at Victoria Peak,Hong Kong Credit: Jun Chen / Getty)

The former finance minister from the collapsed Afghan government, Khalid Payenda, tells Ed Butler that it was brought down by rampant corruption at a very high level. He served for six months from the beginning of this year and says that by the time US forces left and the Taliban began advancing, most of Afghanistan's supposed 300 thousand troops and police didn’t exist. He says phantom personnel were added to official lists so that generals could pocket their wages. Many Afghans feel enraged by the failures of the US-backed government and they say it abandoned them in their hour of need.( Pic: Man counting money at a market in Afghanistan Credit: Bloomberg Creative )

Will Africa’s economic development be held back for the world’s net zero climate targets? And could banning investment in their fossil fuels do more harm than good? Tamasin Ford speaks to NJ Ayuk, the executive chair of the energy industry lobby group, Africa Energy Chamber who says the decision is a disaster for countries in Africa and to W.Gyude Moore, a Senior Policy Fellow at the Centre for Global Development and Liberia's former Minister of Public Works who says Africa can’t catch up without fossil fuels. Dr Olumide Abimbola, is the Executive Director of the Africa Policy Research Institute, a Berlin based think tank that works on Africa policy issues. He’s in Glasgow for the climate talks and Tamasin asked him whether there’s a fear the EU Green deal could restrict goods from Africa. And Adenike Oladosu, one of Nigeria’s youth delegates in Glasgow says people in her country do want to go green but it’s just not affordable.Pic: Smoke emerging from chimneys Credit: Alexandros Margos/Getty

Sewage entered British waters for around 3 million hours in 2020 in over 400,000 pollution incidents. Hugo Tagholm, chief executive of Surfers Against Sewage tells Tamasin Ford why this is happening. Public pressure for the government and water companies to do something about this is mounting, particularly since it's become known that privately owned water companies in England paid their shareholders almost $80 billion in dividends over the last 30 years. WaterUK represents all of the water and sewage providers across the UK. We hear from their director of policy, Stuart Colville. Is tougher legislation the answer? Sweden faced similar problems with their sewage system more than fifty years ago. Peter Sörngård, an environmental expert at the Swedish Water and Waste Water Association explains how they dealt with it.Producer: Benjie Guy(Picture: a sewage outflow pipe discharges sewage into a river. Credit: BBC.) sewage spewing into British waters went viral on social media. The country’s Victorian era sewage s

As global leaders jet out of Glasgow, leaving the hard bargaining to their delegates, Business Weekly looks at what the pledges made so far really mean. Will rich countries be able to support the financial demands made of developing nations to help them transition away from fossil fuels? And what did activists make of Indian Prime Minister, Narendra Modi’s promise of reaching net-zero by 2070? Also on the programme, we hear why some people enjoy trophy hunting - and whether it can ever be a useful tool for conservation. And as an inquest names a haul of Anglo-Saxon coins one of the biggest ever found in England, we ask what happens to treasure after it’s discovered. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

Central Banks around the world are introducing digital currencies and last month Nigeria became the first African country to launch one - the eNaira. But what is a digital currency and how are Nigerians reacting to theirs? We hear from people on the streets of Abuja. Tamasin Ford speaks to Rakiya Mohammed, director of information security at the Central Bank of Nigeria. Chinwe Egwim, chief economist at Coronation Merchant Bank in Lagos, explains why the eNaira has been introduced and the benefits it could have. Digital currency expert Josh Lipsky of the Atlantic Council puts the launch of the eNaira in the context of the others that are springing up all over the globe. Producer: Benjie Guy. (Picture: the eNaira mobile phone app. Credit: enaira.gov.ng)

Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should we all be worried? We hear opposing views from Claudia Sahm, former economic adviser to the Federal Reserve and the White House, Steve Hanke of Johns Hopkins University, and Andrew Sentance, senior adviser at Cambridge Econometrics and a former member of the Bank of England's Monetary Policy Committee.Image: Full shopping cart in supermarket aisle (Credit: Getty Images).

Guy Hands, the founder of Terra Firma, opens up on the highs and lows and risks involved in deal making and private equity. From being bullied at school to becoming a household name, buying and selling businesses from cinema chains and pubs to waste management, aircraft leasing and green energy companies. We hear his side of the deal that turned sour, the acquisition of multinational music company EMI in 2007, and how his addiction to doing deals has affected his personal life. Ed Butler is in conversation with Guy Hands about his new book, The Dealmaker. (Image: Guy Hands; image credit: John De Garis)