Trama
The daily drama of money and work from the BBC.
Episodi
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Will Covid decimate India's middle class?
04/05/2021 Durata: 17minMillions of Indians risk being knocked back into poverty by the current explosion in coronavirus infections.Rahul Tandon hears from Radhika, who abruptly lost her job in Mumbai when India went into lockdown last year, and has since struggled with thoughts of suicide. Newspaper columnist Sandip Roy discusses how Covid threatens to strip many self-identifying middle class of their sense of comfort and security. Meanwhile, many women who run their own businesses face ruin, according Renu Shah, who runs Shakti - an organisation that helps women entrepreneurs. We also hear opposing views on how big a setback the middle class faces from Covid from two leading Indian economists - Pravin Krishna of John Hopkins University, and Jayati Ghosh of Jawaharlal Nehru University.(Picture: A Covid-19 patient in Gurudwara, India; Credit: Naveen Sharma/SOPA Images/LightRocket via Getty Images)
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Making multinationals pay
03/05/2021 Durata: 17minIt could be the biggest shake-up of corporate taxation in history. But can President Biden's push for a minimum global rate succeed? He wants multinational companies to pay a rate of at least 21%. The proposal is likely to face opposition from smaller economies. Tech consultant Pamela Newenham explains how Ireland's low tax regime has helped to transform the country's capital. Others say the proposal doesn't go far enough. We hear why from Nobel prize-winning economist Joseph Stiglitz. We also hear from the man leading the charge for reform at the OECD, Pascal Saint-Amans, and Danny McCoy, head of Ireland's biggest business group.Picture: Stock photo of a yellow warning sign on a fence (Credit: Getty)
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Business Weekly
01/05/2021 Durata: 50minA “once in a generation investment” is what Joe Biden offered the American people this week. He presented his American Jobs plan and American Families Plan to Congress to mark his first 100 days in office. Can he deliver? Also, will business travel resume once the pandemic has ended? Airlines and hotels are dependent on business travel - but now that so many people have adapted to virtual meetings, will frequent fliers ever want to get back to the departure lounges? And why do cities change their names? And what are the costs involved? The South African city of Port Elizabeth has rejected the colonial overtones of its former moniker - and is now called Gqeberha. The Chief Executive of Bollinger Champagne tells us why he’s bought up a vineyard in the United States and how the brand first became associated with James Bond. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Men and cosmetic surgery
30/04/2021 Durata: 18minMore men have considered cosmetic treatments during the pandemic. Has spending more time at home staring at ourselves in video conferencing made us more worried about our appearance, and have the pressures of ageism in the workplace also had an impact. Ed Butler speaks to psychologist Helena Lewis Smith, and Past President of the American Association of Plastic Surgeons Dr Alan Matarasso about just what’s motivating men to make more changes. Plus, he tries a treatment for himself. (PHOTO: Ed Butler checking out his frown lines at a cosmetic clinic in London, Credit: BBC)
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Biden's trillions
29/04/2021 Durata: 18minThe US president announces a massive spending plan for the US economy, with trillions of dollars earmarked for jobs and infrastructure. But is it too ambitious for Republicans to support? Ed Butler speaks to Ryan Heath, senior editor at Politico, and Gordon Hanson, professor of urban policy at Harvard Kennedy School. Hundreds of billions of dollars are also planned for the US's creaking healthcare system. Carer Sharon Tosten and democrat Debbie Dingell explain why it's needed. (Photo: US President Joe Biden outlines his spending plans to Congress, Credit: Getty Images)
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Changing a city's name
28/04/2021 Durata: 17minWhat’s in a name? It’s something that Shakespeare’s Juliet pondered. But what’s in the name of a city? And what are the economic and social costs for a city which opts to change it’s name? Lots have done so down the years – New Amsterdam became New York City and Istanbul became Contantinople. Last year, the residents of Asbestos in Canada choose a new name for their city. And back in February, the South African city of Port Elizabeth became Gqeberha. Matthew Davies speaks to Christian Martin an activist who pushed for that name change, as well as local mayor, Nqaba Bhanga, who strongly resisted it. Business owner, David Stopforth, tells Business Daily that he’s been left counting the cost of the name change to his small print firm. Meanwhile, Andy Marchant from Tom Tom says changing place names is not an altogether easy process for the satellite navigation companies. And Tirthankar Roy, professor of economic history at the London School of Economics, ponders whether part of the essence of a city’s past is los
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Does business travel have a future?
27/04/2021 Durata: 18minWhy fly when you can videoconference? After a year of Covid lockdowns, that's the question many business executives are asking themselves.Manuela Saragosa speaks to one frequent flyer, Juliette Kayyem, who says that after a year of being grounded, she now thinks more about time with her kids, not to mention the carbon footprint of all her air miles. And she's not the only one - business travel consultant Scott Gillespie says corporate travel managers across the planet are now using the opportunity to reassess the financial and climate cost of their entire corporate travel policy.So should the airlines and travel agencies be afraid? After all, business clients pay the fattest profit margins. We ask Jeffrey Goh, chief executive of the world's biggest airline grouping, the Star Alliance, plus Evan Konwiser of American Express' global business travel agency.Producer: Laurence Knight(Picture: A woman with a suitcase at the Madrid airport; Credit: Alejandro Martinez Velez/Europa Press via Getty Images)
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Covid in paradise
26/04/2021 Durata: 18minHow are small island tourist destinations like the Caribbean island state of Antigua and Barbuda coping with the shutdown of global travel?Manuela Saragosa speaks to the Antiguan Minister of Tourism Charles Fernandez about the innovative steps his country took to continue welcoming holidaymakers from North America and Europe last year, while keeping them safely contained within their own beachside bubbles. The pandemic has been devastating for the travel industry more generally, according to Helen McDermott of Oxford Economics. Among those hardest hit are aircrew. Former pilot Matthew Wilson tells how he ended up relocating halfway across the planet to become a gardener after his airline went into liquidation. Meanwhile Jeffrey Goh of the Star Alliance global grouping of major airlines says they urgently need world governments to agree the conditions under which restrictions on travel can finally be lifted.Producer: Laurence Knight(Picture: Mother, child in face masks have fun on sea beach; Credit: Bicho_raro
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Business Weekly
24/04/2021 Durata: 50minAs India battles a surge in Covid cases and hospital beds become scarce, Business Weekly hears how social media is helping connect patients with medical help. Several areas of the country have gone back into lockdown. We get reaction from businesses. In Denmark, the authorities have introduced a Corona Pass, which lets the vaccinated attend various events. Our reporter looks at how well it’s working. We look at the online advertising industry as several big companies scale back their digital marketing spend. The suggestion is that they aren’t seeing the returns on investment they perhaps should be, and that data doesn’t always give an accurate idea of success. Could a bubble be about to burst? And is your boss clueless? We hear about a new piece of research from Microsoft which suggests managers aren’t aware of how lockdown has affected their workers. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Big Data, conspiracy theories and ‘Magical Thinking’
23/04/2021 Durata: 17minFilmmaker Adam Curtis questions the value of Big Data in society. In his latest BBC series, 'Can't Get You Out Of My Head', Curtis explores "Love, power, money, ghosts of empire, conspiracies, artificial intelligence – and You." Curtis spoke to Business Daily's Ed Butler about how the rise of artificial intelligence, Big Data and targeted advertising have come to shape the way we see our world and caused us to feel helpless within it. He also explains that the psychological experiments which underpin our faith in the effectiveness of such technologies might not be as reliable as once thought, which Curtis says gives us some cause for hope.Producer: Frey Lindsay. (Picture credit: Adam Curtis/BBC)
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Is the digital ad market overvalued?
22/04/2021 Durata: 17minLarge companies have slashed their digital marketing budget. Airbnb and Procter & Gamble made such a cut in recent years, after coming to believe the cost doesn’t necessarily translate to increased sales. They follow in the footsteps of eBay who, in 2013, announced it would cease paying for ad sponsorship on Google. Economics professor Steve Tadelis, who led eBay’s research into this, explains how they came to conclude advertising wasn’t worth it. Also in the programme, brand safety advocate and co-founder of Check My Ads Nandini Jammi explains how the modern digital ad market works, and where some doubts lay about its effectiveness. Luke Smith of marketing consultancy Croud says companies need to be clearer in what they want from digital marketing, in order to get the most out of it. But what if the market is overvalued as a whole? Former Google employee Tim Hwang, author of ‘Subprime Attention Crisis’ says we might be looking at an inflated market that could threaten a financial crash online. Producer:
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Can Biden woo the world on climate change?
21/04/2021 Durata: 17minPresident Biden hosts a virtual summit this week as the US seeks global climate action. But can he convince the rest of the world to go further and faster on cutting carbon emissions when the country has been out of the game for the past four years? Justin Rowlatt asks former US climate envoy Todd Stern and Isabel Hilton, founder of China dialogue. And, in a world where some countries are rolling back protections, can consensus still be found? We hear from the heart of the Brazilian rainforest, where the environmental police say they are losing the war against the loggers. Lisa Viscidi, director of the energy and climate change programme at the Inter-American Dialogue think-tank, says the summit provides an opportunity for Latin American countries.Photo: Climate protestors in Lyon, France hold up a sign saying 'SOS' (Credit: Getty).
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Demille and the gig economy
20/04/2021 Durata: 18minIn 2016 when producer Georgia first met him, Demille was a cycle courier in his early twenties, taking his company to a tribunal over better working conditions. He was fired-up, political, and excited about a case he would go on to win.For the past five years, Georgia and Demille have been meeting and recording.Demille’s story is one of being young and trying to stay afloat in the gig economy; of resilience and hope and trying to find control over his city and life.
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Meeting expectations
19/04/2021 Durata: 18minEvery day 55 million meetings take place in the United States. But just how effective are they at actually getting stuff done? British comedian David Mitchell has been investigating how the meeting evolved and the "meeting-isation" of society.(Picture: a man boring colleagues during a meeting. Credit: Getty Images.)
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Business Weekly
17/04/2021 Durata: 49minThe US is making overtures to China about working together to save the planet. On Business Weekly, we hear what concessions each side would like the other to make as they try to put aside their diplomatic differences for the sake of the environment. We also hear from climate activist Greta Thunberg, who tells us what her vision for the future is and what she’d like to see politicians doing. As the cargo ship Ever Given remains in the Suez Canal - this time impounded by the Egyptian authorities - we take a close look at the huge vessels in the shipping industry. At what point do companies have to start thinking about reducing the size of these mega ships? And drone racing is increasing in popularity. One pilot tells us what it’s like to fly drones competitively and whether you can make a living from it. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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A part-time return to the office?
16/04/2021 Durata: 17minA hybrid model mixing home working with office time is being favoured by major companies. But critics worry it will create divisions in the workplace. Small business owner and columnist Gene Marks explains why managing remote workers presents such a challenge, and Darren Murph from GitLab, a tech firm of 1,300 employees and no office, tells us why having a mix of home and office work could be the worst of both worlds. Economist Nicholas Bloom discusses the risk of discriminating between workers who choose to spend more or less time in the office, and remote working expert Kate Lister tells us why companies will have to offer flexible working to attract employees in the future.(Photo: A man works at home on his bed, Credit: Getty Images)
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President Biden and his strategy for China
15/04/2021 Durata: 17minWill the US President continue with an increasingly hostile attitude towards China? Or does economic common sense demand that Washington should back off from Beijing? Ed Butler asks Diana Choyleva of Enodo Economics, and he chairs a debate between David Sacks of the Council on Foreign Relations in Washington DC and Kishore Mahbubani, a distinguished fellow at the National University of Singapore.(Picture: US President Joe Biden and Chinese President Xi Jinping. Credit: Getty Images.)
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Boom time for scammers
14/04/2021 Durata: 17minDuring the Coronavirus pandemic, people have been spending more time at home, and online, than ever before. This has given online scammers a golden opportunity to find new victims. And it’s worked. We’ll hear from Danielle in Illinois, who was caught up in just such a scam and lost thousands of dollars from her savings. And she’s not the only one. Craig Jones, Director of Cyber Crime at Interpol, describes the rise they’ve seen in all types of online scams during the pandemic. But why does lockdown make us more vulnerable? Dr. Stacey Wood, professor of psychology at Scripps College in California, breaks down how different demographics are made more vulnerable in their own ways. And if you or a loved one do get targeted by a scammer, Amy Nofziger at the American Association of Retired Persons Fraud Watch Network explains what to do.Presenter: Tamasin Ford. Producers: Clare Williamson and Frey Lindsay. (Picture credit: Vasily Pindyurin via Getty Creative)
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A conversation with Greta
13/04/2021 Durata: 17minThe world’s most famous climate activist has just turned 18 and is as uncompromising as ever.In an extended interview, Justin Rowlatt asks Greta Thunberg how she intends to continue campaigning, now that she is back in school and living under lockdown at her family home in Stockholm.Before the pandemic, the Swedish environmentalist had spent several months travelling around America in an electric vehicle lent to her by Arnold Schwarzenegger. A TV documentary crew shadowed her as she visited scientists, entrepreneurs and victims of wild fires, while also attending climate conferences and protesting.She tells us what she learned, and why she believes the climate emergency is more dire than ever before.Producer: Laurence Knight(Picture: Greta Thunberg at home in a video conference with Justin Rowlatt)
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Telegram in the spotlight
12/04/2021 Durata: 17minAfter becoming the most downloaded non-gaming app earlier this year, Telegram messaging app has amassed half a billion users – a quarter of WhatsApp’s and rising. Owned by the elusive Russian exile Pavel Durov, Telegram has been used to coordinate global protest movements - from Belarus to Iran and Hong Kong. It’s also been accused of tolerating the extremist channels behind ISIS and the Capitol Hill riots. But in its home country, Russia, misogyny appears to be permitted on the platform. Ivana Davidovic hears from women who worried for their safety when their personal information, including addresses and workplace details, were posted on Telegram channels, subjecting them to threats. Professor Megan Squire from Elon University in the US tells how she also received threats following her research into far-right groups on the platform, and about her fears that those groups might only get bigger if Telegram proceeds with plans to pay content creators.Digital security expert Raphael Mimoun looks under the app’s b