Trama
The daily drama of money and work from the BBC.
Episodi
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Coronavirus: Global recession?
05/03/2020 Durata: 18minCentral banks are rushing to provide liquidity as many fear that the disruption from the coronavirus outbreak could push the world into technical recession.We hear from a host of eminent economists trying to navigate the uncertainty: Sarah Bloom Raskin, deputy secretary to the Treasury under US President Barack Obama; former ECB chief economist Peter Praet; and Cornell University professor of trade policy Eswar Prasad.Plus Ed Butler looks at one of the industries feeling the most pain - airlines. Peter Morris of the aviation consultancy Ascend by Cirium says that while the long-term growth outlook remains strong, some carriers may struggle to survive the plethora of flight cancellations over the next few months.And what does it mean for China, the epicentre of the outbreak? China consultant Diana Choyleva of Enodo Economics says it could prove a heavy blow, coming at a time of trade tensions and a general slowdown in exports.Producer: Stephen Ryan(Picture: A Kuwaiti trader wearing a protective mask at the Kuw
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Do stock-pickers have a future?
04/03/2020 Durata: 18minResearch suggests that they underperform robot traders, and most can't even beat the market, so are the days of the celebrity investors and stock market tipsters numbered?Ed Butler speaks to David Aferiat, whose computer-based trading system Holly has been picking the best performing stock picking algorithms since 2016. He claims that Holly consistently outperforms the market. So why rely on humans to make these decisions?Among those weighing the case for man versus machine are an old hand of the City of London, Justin Urquhart Stewart of Seven Investment Management; financial journalist Robin Powell; Ken Merkley of the Kelley School of Business in Indiana; and the veteran fund manager and robo-sceptic Paul Mumford.Producer: Joshua Thorpe(Picture: CNBC's Jim Cramer on the floor of the New York Stock Exchange; Credit: Steven Ferdman/Patrick McMullan via Getty Images)
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Moving Uighur workers in China
03/03/2020 Durata: 17minA new report brings together fresh evidence of the forced transportation of Uighur Muslims from Xinjiang province to provide labour in factories across China. Ed Butler speaks to one of the report authors, Nathan Ruser from the Australian Strategic Policy Institute. In some cases the factories are linked to major brands like Nike, Apple and Volkswagen. Yuan Yang, Beijing correspondent for the Financial Times, says she for one is not surprised by the reports.(Photo: Protesters attend a rally in Hong Kong on December 22, 2019 to show support for the Uighur minority in China, Credit: Getty Images)
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Trump's immigration crackdown
02/03/2020 Durata: 18minHow fewer Latin Americans crossing the US border is affecting the economy. Alice Fordham reports from Juarez on the Mexican side of the border on the migrants forced to make Mexico their home while they await the outcome of their asylum cases in the US. Ed Butler speaks to Jessica Bolter from the Migration Policy Institute in Washington DC about the slowing rate of people trying to cross into the US illegally. And Giovanni Peri, economist at the University of California, Davis, discusses the impact tighter immigration policies are having on the US labour market.(Photo: Children look through the border fence in Ciudad Juarez, Chihuahua state, Mexico, on January 31, 2020. Credit: Getty Images)
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Firestone and Liberia
28/02/2020 Durata: 17minRubber is Liberia's most important cash crop, and the Firestone Libera rubber plantation is the country's biggest employer. But the company faces accusations that it pollutes rivers and violates labour rights. US-based Bridgestone Corporation, Firestone Liberia's parent company, denies this. Tamasin Ford investigates the allegations.(Photo: A Firestone-branded tyre used at an IndyCar Series racing event in Texas in 2020, Credit: Getty Images)
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Coronavirus: Fake news goes viral
27/02/2020 Durata: 18minMisinformation about the coronavirus outbreak is undermining the efforts of health officials and medical researchers to contain it.Doctors find themselves under attack from conspiracy theorists who believe they are concealing the truth about the origin of the epidemic. Meanwhile bogus and sometimes highly dangerous advice is spreading on social media about how to protect yourself against the disease.Ed Butler asks Cristina Tardaguila of the International Fact-Checking Network who is promoting these malign rumours. And Professor Karin Wahl-Jorgensen of the Cardiff School of Journalism, Media and Culture tells him that mainstream media also bear some responsibility for stoking public hysteria.Plus Peter Daszak, president of the US-based health research organisation EcoHealth Alliance, says one of the most worrying aspects of the conspiracy theories is that it is driving many medical researchers to stop sharing their findings.(Picture: Viruses; Credit: wildpixel/Getty Images)
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Supermarket archaeology
26/02/2020 Durata: 18minWhat can soap boxes, sweet wrappers and tin cans tell us about our shopping history? Manuela Saragosa visits Robert Opie at his Museum of Brands, Packaging and Advertising in west London.He's been keeping discarded items and packaging since he was a school boy - well over 50 years. In the process he's created a collection that charts the retail revolution of the past century. It's one that showcases how the whole idea of branding and packaging evolved, and tells us something about how we once lived.Repeat of programme first broadcast on 20 August 2018.
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A single West African currency
25/02/2020 Durata: 18minSome West African countries already use a single currency - the CFA franc. Now there are plans to introduce a broader shared currency - the eco - across 15 states. But the region's economic powerhouse Nigeria has put those plans in doubt. Tamasin Ford speaks to business people in the region about what difference a new single currency would really make.(Photo: CFA franc banknotes, Credit: Getty Images)
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Cognac and hip hop
24/02/2020 Durata: 18minHow brands forge strong relationships with music, from Cognac brands like Hennessy and Courvoisier to Coca Cola's Sprite. Elizabeth Hotson speaks to cultural critic and music journalist Candace McDuffie about the history of Cognac in African-American culture, and to journalist Oris Aigbokhaevbolo about the efforts of Hennessy to associate with hip hop in Nigeria. Aaliyah Shafiq, group director for the Sprite brand at Coca Cola explains the success of its partnership with hip hop in the US dating back to the 70s, and Marleen Heemskerk from branding agency First Day of Spring, describes the potential pitfalls for brands wanting to tap into the music scene. (Photo: Hip hop artist Missy Elliot with a bottle of Courvoisier at the MTV Video Music Awards in 2019, Credit: Getty Images)
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The Airbnb rental scammers
21/02/2020 Durata: 18minAs the holiday lettings platform prepares for an IPO, what is Airbnb doing to clamp down on bogus, unregulated and unsafe property listings?Ed Butler speaks to Wired magazine journalist James Temperton, who uncovered one complex London-based scam involving fake listings, sham reviews and a block of grubby apartments that was in flagrant breach of the city's property rules. London councillor Heather Acton tells us she is horrified by the findings.So is Airbnb allowing professional landlords to profit by side-stepping property regulations and taxes? According to Murray Cox of the campaigning website Inside Airbnb, it is hard to gauge the true scale of the problem worldwide, because the online platform has been so cagey about releasing data.(Picture: Young man in despair sat on a dockside with his baggage; Credit: pankration/Getty Images)
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3D-printed pills
20/02/2020 Durata: 18minCould the much-hyped technology of 3D printing have found a useful application - producing personalised prescription pills?Ed Butler visits the lab of Dr Mohamed Alhnan at King's College London, to see this cottage manufacturing process in action - in this case making caffeine tablets. Meanwhile entrepreneur Melissa Snover has launched the world’s first 3D-printed personalised and chewable vitamin supplement provider, called Nourished.But what about prescription pills? Can this technology reliably produce powerful medicines at scale, and meet the necessary regulatory requirements? Karen Taylor, research director of the Centre for Health Solutions at Deloitte, isn't so sure.Producer: Joshua Thorpe(Picture: White pills against a red background; Credit: BiffBoffBiff/Getty Images)
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Why you should hire an ex con
19/02/2020 Durata: 18minShould employers simply stop asking job applicants if they have a criminal record? Tamasin Ford speaks to one American bakery that did exactly that. Lucas Tanner of the Greyston Bakery in New York explains why his Buddhist founder opted for a policy of "open hiring" - no questions, no interview, no CV, no background checks.Today there is a campaign to "ban the box" that applicants must tick to indicate whether they have a past conviction. But doing so has perversely led to greater racial bias in employment outcomes, according to Jennifer Doleac of the Texas A&M University. Instead of making the ban obligatory, Nicola Inge of the UK charity Business in the Community suggests that a more productive approach may be to encourage employers to make it part of their own hiring policies.Producer: Edwin Lane(Picture: Man's handcuffed hands; Credit: fotoedu/Getty Images)
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A robot future and how to handle it
18/02/2020 Durata: 18minWhat will happen to our working lives when the robots take over? Daniel Susskind, an economist at Oxford University, discusses his new book A World Without Work. He talks to Ed Butler about the effects on employment, the link between automation and inequality, and whether something like a universal basic income could be a solution.(Photo: A humanoid robot on display at a trade fair in 2018, Credit: Getty Images)
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EU farm subsidies: who's benefiting?
17/02/2020 Durata: 17minIs the European farm subsidy system being left vulnerable to corruption? Each year the EU pays out billions of euros to landowners. But a New York Times investigation found that in parts of Eastern Europe, EU farm subsidies have created what it calls a "new kind of feudalism". We speak to the New York Times investigative reporter Matt Apuzzo, and we hear a response from the European Commission's agricultural policy spokesperson Daniel Rosario.Producer: Joshua Thorpe.(Picture: A combine harvester on a corn field. Credit: Getty Images).
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The case for free trade
14/02/2020 Durata: 18minDoes the backlash against globalisation ignore the huge benefits of world trade? And how realistic are post-Brexit Britain's ambitions to become a global trade powerhouse?Manuela Saragosa asks Cambridge economics professor Meredith Crowley how much access the UK can expect to retain to the European market, given that the country wants to diverge from EU regulations. It's an example of a problem that all countries in our globalised economy face - the "globalisation trilemma".Meanwhile Fred Hochberg, former head of the US Export Import Bank and author of Trade Is Not a Four-Letter Word, says that without free trade we wouldn't have wonders of the modern world such as the iPhone or the taco bowl. Producers: Laurence Knight, Frey Lindsay(Picture: Container ships docked at Port of Felixstowe in the UK;. Credit: Getty Images)
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Firing workers in Virtual Reality
13/02/2020 Durata: 18minVirtual Reality is finding a surprising new application - training managers how to handle delicate situations such as dismissing employees or giving presentations.Manuela Saragosa looks at how the technology is being used to play out scenarios such as consoling a sobbing staff member, or responding to a heckler in the audience, all while in the safe space of VR. Plus producer Josh Thorpe tries out Microsoft's latest augmented reality headset, the HoloLens 2.The programme features interviews with Marianne Schmid Mast, professor of organisational behaviour at the University of Lausanne; Alexis Vartanian, chief technical officer at French VR company TechViz; and Microsoft director of communications Greg Sullivan.Producer: Josh Thorpe(Picture: Man wearing virtual reality headset; Credit: xubingruo/Getty Images)
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Tesla: To infinity and beyond
12/02/2020 Durata: 18minTesla's share price has tripled in the last six months - can anyone stop it, or even make sense of it?Ed Butler speaks to Craig Irwin, stock analyst at Roth Capital in New York, who is perplexed by the latest crazy surge in Tesla's valuation, even though he wouldn't particularly describe himself as a Tesla bear. David Bailey, professor of business economics at Birmingham Business School in the UK, says that the optimism is being driven by a growing perception that the electric vehicle revolution may finally be upon us.But one industry veteran remains hugely sceptical. Bob Lutz has served on the board of all three of America's giant carmakers, and pours scorn on the idea that we will all be driving electric anytime soon.Producer: Edwin Lane(Picture: Tesla Roadster launched into orbit by one of Elon Musk's SpaceX rockets; Credit: SpaceX via Getty Images)
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Coronavirus: A shortage of masks
11/02/2020 Durata: 17minThe business impact of the coronavirus outbreak. Ed Butler speaks to the BBC's Robin Brant in Shanghai about the partial return of Chinese workers in the city. Bloomberg economist Maeva Cousin discusses the economic impact on China and global supply chains. Mike Bowen, vice president of Prestige Amaritech in Texas, one of the few manufacturers of medical masks outside of China, explains why a shortage of masks globally is not good news for his business. Laurie Garrett, Pulitzer prize-winning author of a book The Coming Plague, explains why she's concerned countries like the US are underprepared for outbreaks like the coronavirus.(Photo: A women wears a mask while walking in the street on January 22, 2020 in Wuhan, Hubei province, China. Credit: Getty Images)
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When a work colleague dies
10/02/2020 Durata: 18minHow companies and staff deal with death at work. Manuela Saragosa hears from Carina, an employee at a global marketing company who saw the mistakes her employer made when a colleague died. Kirsty Minford, a psychotherapist, describes how organisations can do better at dealing with death. And how do you approach your job if there's a real everyday risk of death? Lisa Baranik, assistant professor of management at the University at Albany School of Business, tells us what we can learn from firefighters.This programme was first broadcast on July 29, 2019. Producer: Frey Lindsay. (Photo: Death at work, Credit: Getty Images)
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Out of jail but not out of work
07/02/2020 Durata: 18minUnemployment in the US and UK is at near-historic lows. In such a tight labour market, many companies are seeking new pools of talent to recruit from. One relatively untapped source is people with criminal records, who often struggle to find work after completing their sentences. One person who knows that struggle is Ali Niaz, who has gone from convicted London drug dealer to international music entrepreneur. Ali sat down with Manuela Saragosa to recount his journey. Manuela also spoke to Celia Ouellette of the Responsible Business Initiative for Justice about how other people can follow in Ali’s footsteps.(Picture: Ali Niaz. Picture credit: Mark Chilvers.)