Business Daily

Two years on from the start of the pandemic and most visitors are still banned from Japan. We take a look at why the world’s third largest economy has one of the strictest border controls in the world. How is it affecting people? And how is it affecting the economy? Tamasin Ford goes on a virtual tour of Tokyo’s foodie hotspots with Yukari Sakamoto, writer, chef and the author of a book called Food Sake Tokyo. Yukari explains how a lack of tourists has impacted her business, and how travel bans have stopped her from seeing family and friends. We also hear from a student stuck in the UK, and from Seijiro Takeshita. Professor of Management and Information at the University of Shizuoka Japan about the concerns from some big business over continued isolation. (Image: Women cross a street at night, in Tokyo on November 3, 2021. Credit: Charly Triballeaue / AFP/ Getty Images)

Have US pharmaceutical companies created a web of disinformation to boost their profits?That's the accusation of John Abramson, an academic at Harvard Medical School. In an extended interview with the BBC's Ed Butler, he discusses the thesis of his new book, Sickening: How Big Pharma Broke American Health Care and How We Can Repair It.According to Abramson, scandals such as the opioid addiction epidemic caused by drugs like Oxycontin, or the shockingly high cost of insulin in America, have a common cause - the ability of big pharma companies to gull American doctors into overprescribing their premium products.(Picture: Pills spilling out of a prescription bottle; Credit: Getty Images)

Many of us will have noticed 'friend' or 'follow' requests on our social media from strangers with profiles which don’t quite ring true. They mainly use cloned pictures, often taken from accounts of those in the US military. Zoe Kleinman investigates the global industry of romance scamming, which can have tragic consequences. Zoe hears from Lisa Forte, a cyber security expert from Red Goat Security, Professor Alan Woodward from Surrey University, and she goes into the tragic story of Renee Holland, as investigated by Jack Nicas of the New York Times. With thanks to the New York Times for their material. This is a repeat of a programme first broadcast on 26 August 2020Producer: Sarah Treanor.(Photo: Mobile phone display. Credit: Getty Images)

The UN describes people living with disabilities as the world’s largest minority group. A billion of us live with some sort of disability and are up to twice as likely to be unemployed than non-disabled people. For Caroline Casey, the founder and creator of the Valuable 500, this was a challenge. She calls herself a troublemaker and as such she has persuaded the CEO's of more than 500 of the world's biggest companies to personally sign a declaration to end disability exclusion in the workplace. Tamasin Ford meets Caroline and hears her story and what motivates her. We also hear from disabled Ugandan worker Naome Akwee, Sam Latif from London and executives from some of the Valuable 500 including Santen, a Japanese pharmaceutical company and Ernst and Young. Produced by Tom Kavanagh and Clare Williamson. (Image: Caroline Casey; Credit:The Valuable 500)

On this edition of Business Weekly, we’re looking at BP’s latest results. The energy giant made a profit of $12.8bn last year - thanks mainly to surging oil and gas prices. This comes after a loss in 2020. We hear why some are calling for a ‘windfall tax’ - a one-off charge that would then be channelled to help struggling consumers battling price rises. We hear the response from BP, and comments from Connor Schwartz at Friends of the Earth and Tom Wilson from the Financial Times. Staying with rising bills, the BBC’s Tamasin Ford investigates the cost of living in different parts of the world. She hears how it is calculated and how increases in everyday essentials impact people in different ways. Also on the programme, we enter the world of fashion, and hear how some apps are trying to increase the sustainability of the industry by encouraging us to buy or rent second-hand. We get a tour of the technology from the BBC’s Justin Rowlatt and his daughter, Zola. Turkey is a country with soaring inflation. The cur

Argentina’s government and the International Monetary Fund have been renegotiating the terms of a 2018 loan issued to the country – the largest in IMF history. The Fund’s own internal analysis of that deal was scathing. The 2018 package had been vaunted for its commitment to protecting the most vulnerable in society. Yet people in Argentina, and particularly those on the lowest incomes, are currently enduring a cost of living crisis, with inflation running at above 50% in 2021, and wages struggling to keep pace with increased housing, food and energy costs. Amy Booth is a journalist in Argentina, and says many people have lost hope in the midst of the country’s seemingly interminable economic crisis. Daniel Munevar, who works on debt justice at the European Network on Debt and Development, says the IMF broke its own rules in order to issue the 2018 loan. Carolina Millán is Bloomberg’s bureau chief in Buenos Aires, and tells us that the Fund’s decades-long association with austerity and misery in Argentina loo

The use of robots in North American workplaces has increased by 40% since the start of the pandemic and the small to medium sized businesses, which never automated before, are getting in on the act. The robotics industry has responded to the global increased demand by creating more and more customisable robots, which can be leased or hired. Ivana Davidovic explores what effect this has had - and could have in the future - on the labour markets, innovation, but also on social inequality. Ivana hears from a small restaurant owner from California who wouldn't be without her server robot Rosie any more, after months of being unable to fill vacancies. Joe Campbell from the Danish company Universal Robots and Tim Warrington from the British company Bots explain how they are taking advantage of the post-pandemic "great resignation" and which industries are next in line for a robotics boom. Karen Eggleston from Stanford University explains her research into the consequences of the use of robots in over 800 nursing

Greed is considered one of the seven deadly sins; but is the accumulation - and retention - of wealth always a bad thing? With economic inequality growing, Elizabeth Hotson asks John Paul Rollert, from the Chicago Booth school of management, why greed has historically invited criticism. We also hear from Paul Piff, Associate Professor of Psychological Science at the University of California, Irvine, who tells us about an experiment in acquisitiveness, played out during a game of Monopoly. Plus serial entrepreneur and self-made multi millionaire, Richard Skellett, tells us why he supports a wealth tax. Presented by Elizabeth Hotson Produced by Sarah Treanor(Picture of dollar bills, picture via Getty Images).

Can apps like Depop and By Rotation, which are giving new life to old clothes, help reduce the fashion industry's enormous environmental footprint?Justin Rowlatt heads to the London offices of both these online platforms. Depop's Justine Porterie explains how their clothing resale app helped Gen Z take back control of their wardrobes and fall in love with second-hand clothes. Meanwhile Eshita Kabra-Davies, founder of By Rotation, retells how she came up with the concept of a high fashion rental app after seeing all the discarded garments piling up in her hometown in Rajasthan.These apps have grown enormously during the last two years of lockdowns, attracting millions of users, particularly teenagers. But Sarah Kent, editor at the Business of Fashion website, questions whether they can really make a dent in the sheer volume of clothes produced and disposed of every year.Producer: Laurence Knight(Picture: Someone photographing a sweater for sale online; Credit: Getty Images)

Prices around the world are rising at their fastest level for years. Rising energy prices and a surge in demand after the pandemic lockdown have pushed up the prices of many of the goods that we rely on and our wages are not keeping pace. Tamasin Ford looks at the factors behind the rises and hears why it is often the poorest in our society who are impacted the most. Tamasin talks to Davide Angeletti who owns Ovenbird Coffee in Glasgow; he's looking at how he can cut his costs whilst he struggles to pay his bills; Tehiya Ben Zur is a mother living in one of the world's most expensive cities, Tel Aviv and Claudia Keller, the CEO of Second Harvest Food Bank in Orange County in California. And to explain how inflation is measured and why price rises are felt differently across society, economist Xavier Jaravel of the London School of Economics breaks down the data. (Image: A shopper at a supermarket in London, Credit: European Pressphoto Agency)

On this edition of Business Weekly, we’re looking at Spotify’s latest results, and hearing how it has had to react to controversy surrounding its star podcaster, Joe Rogan. We hear from music industry writer Eamonn Ford, who tells us how the service is expanding more into the spoken word, and how it will now have to editorially manage the content it acquires. The Winter Olympics has now officially started, and we hear how some people would like sponsors to be more politically active, when choosing where to place their money. The mining giant Rio Tinto has pledged to take on board all the recommendations from a damning report that said racism, sexual harassment and bullying were rife at its sites. We hear from ABC’s Peter Ryan how this could be the ‘Me Too’ moment for the mining industry. Also on the programme, we hear how Wordle’s creator has decided to sell his five-letter game to the New York Times, and if the puzzle’s fans will be happy to turn to the newspaper’s website instead. The BBC’s Mike Johnson del

From its early reputation as mothers’ ruin to its prime spot in upscale cocktail bars, we tell the story of the juniper-infused spirit. And as the gin craze in the US and the UK shows no sign of slowing, we ask where the next global hotspots will be. Dr Angela McShane of Warwick University tells Elizabeth Hotson how and why gin drinking became popular in the UK and Sandie Van Doorne, from Lucas Bols - which claims to be the oldest distillery brand in the world - explains how the Dutch spirit, genever, fits into the story. Sean Harrison of Plymouth Gin explains how the company is taking on the new contenders in the market and we hear from up-and-coming brands; Toby Whittaker from Whittakers Gin and Temi Shogelola of Black Crowned Gin. Plus, we hear from Emily Neill, Chief Operating Officer at the IWSR which provides data and analysis on the beverage alcohol market. And a programme about gin wouldn’t be complete without a cocktail; William Campbell-Rowntree, bar supervisor at Artesian in London’s Langham Hotel

Drawn by the favourable exchange rate, tourists are flocking to Turkey, but can they compensate for the country's wider economic woes? In 2020, Turkey was hit hard by the pandemic lockdown, soaring inflation, a weakening currency and a current account deficit. Last year, the number of visitors jumped 85.5%. Victoria Craig talks to tourists in Istanbul about how they're getting more value for money and visits traders in the Grand Bazaar. Tour guide Sebnem Altin at tour company Grand Circle Travel has mixed feelings about the future and economist Roger Kelly at the European Bank for Reconstruction and Development puts the latest tourism figures in context. Produced by Stephen Ryan and Gulsah Karadag. (Image: Istanbul's Grand Bazaar, Credit: Victoria Craig)

Sanctions, energy supplies, cyber-attacks - how bad could the economic fallout be if the situation in Ukraine spirals out of control?How likely would Russia be to simply cut the gas supply off to Europe in the middle of winter for example? Ed Butler asks Jane Collin, editor of the UK-based publication, Energy Intelligence. Meanwhile Matthew Olney, director of threat intelligence at Cisco, discusses another possibility - the disabling of key energy and other infrastructure in America by Russian hackers.Meanwhile the West has plenty of threats it can make against Moscow, in the form of further economic and financial sanctions - including the option of kicking Russia off the SWIFT international financial payments messaging system. But Maria Shagina, a visiting fellow at the Finnish Institute of International Affairs, says the West will need to look beyond sanctions if it wishes to influence President Putin's thinking(Picture: Ukrainian soldier with rifle; Credit: Wolfgang Schwan/Anadolu Agency via Getty Images)

Allegations of human rights' abuses have led to an official boycott by a number of Western governments of the Winter Olympics in Beijing this month. China has responded angrily, accusing them of politicising a sporting bonanza. The International Olympic Committee insists that sport should be above politics. So where does this leave the sponsors on whom the Olympics depend for funding? International marketing expert Allyson Stewart Allen tells us that sponsors are stuck between a rock and hard space, whilst former Olympic skiier Noah Hoffman calls on sponsors to do more to protect athletes, and British politician Rob Hayward is calling for a boycott of Coca Cola products for not taking a stand. Ed Butler presents and the programme producer is Clare Williamson.(This podcast is an edited version of the original broadcast programme for reasons of accuracy)(Image: Short Track Speed Skating official training session ahead of the Winter Olympics, Beijing, China, Credit: Getty Images)

This is a big moment for African music on the global stage. African artists are winning international awards and embarking on tours to the US and Europe. And major record companies want a piece of the action. They’ve been busy doing deals to sign African stars with Warner Music buying a controlling stake in a Johannesburg business which bills itself as “the home of African music”. So what’s going on, and what does it all mean for a new generation of African artists? Mike Johnson talks to singers Nomcebo Zikode from South Africa and Mildred Ashong, aka Eazzy, from Ghana, Phiona Okumu, head of African music at the streaming service Spotify, Yoel Kenan, chief executive of music distribution company Africori and Temi Adeniji, MD of Warner Music South Africa. (Image: Nomcebo Zikode at the Nomcebo Zikode Foundation Launch at the Houghton Hotel on June 09, 2021 in Johannesburg, South Africa, Credit:Getty)

On Business Weekly this week, we look at the efforts being made to reduce the carbon footprints of mining companies. One of the largest iron ore producers, Fortescue Metals, is looking to reduce its carbon emissions and has snapped up the technology research arm of the Williams Formula One team to help them do it. Plus, we examine the continuing war on drugs and how the Mexican cartels have been taking advantage of the pandemic restrictions in the United States. Also, we ask if having one or two wealthy owners is the best route to a winning strategy for football clubs. We review the deal that the Australian government struck to buy the licence for the Aboriginal flag – now that the image is free to use, is that the end of the matter? And Bob Dylan is, once again, selling off his assets – this time, his back catalogue is going to Sony Music for an estimated $200m. Business Weekly is presented by Matthew Davies and produced by Philippa Goodrich.

Global warming means the world will need a lot more air conditioning - but will the AC just make global warming even worse?The Middle East already experiences peak temperatures over 50C, as the Kuwaiti social media influencer Ascia Alshammiri testifies. And things are only set to get worse. Ed Butler speaks to climatologist George Zittis, who says urban temperatures could hit 60C later this century, which combined with rising humidity could render some places uninhabitable.In any case, it means a boom for the air conditioning industry. But AC itself is a major source of greenhouse gases, as Radhika Lalit of clean energy think tank RMI explains. So are there tech solutions available to break this vicious circle? We hear from two entrepreneurs - Kevin O'Toole of Exergyn, and Aaswath Raman of SkyCool Systems.(Picture: Congested air conditioning units on a building in Mumbai, India; Credit: Kuni Takahashi/Getty Images)

The British Government says the BBC license fee, paid by millions of households, to finance its global broadcasting service, will be frozen for two years and wants a debate about future funding. So what are the options for the Corporation? Rob Young explores the way public service broadcasters are funded around the world and talks to Ismo Silvo, the Deputy Chief Executive of the Finnish public broadcaster YLE and Chris Turpin, NPR's Chief of Staff. We get some analysis of the advantages and limitations of each model and discuss the impact on other broadcasters with Steve Barnett, Professor of Communications at the University of Westminster and Gill Hind from Enders Analysis. (Image: BBC Studio, Credit: BBC)

It’s no surprise to anyone that money talks in English football but lately it seems louder than ever. Hollywood stars Ryan Reynolds and Rob McElhenney recently bought a club in the English lower leagues, while the Saudi Arabian Public Investment Fund completed a controversial takeover of Newcastle United. Meanwhile, a founding club of the Premier League, Oldham Athletic, faces relegation into the non-league game after years of mismanagement. Vivienne Nunis asks, is private ownership the best way to run football clubs or is it time for a rethink? Wrexham fan Gareth Davies, Tom Hocking of When Saturday Comes magazine and Maggie Murphy, CEO of Lewes Football Club, join in the discussion. (Image: Wrexham FC owner, the actor Ryan Reynolds, attends a red carpet premiere in LA. Credit: Getty)