Trama
The daily drama of money and work from the BBC.
Episodi
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End of the road for US truckers?
04/10/2019 Durata: 17minTruck drivers and the robots that could replace them. Jahd Khalil visits a truck stop in the US state of Virginia to find out why there's a chronic shortage of truckers in the US. Robert Brown from the robotics company TuSimple and Greg Hastings, associate partner at McKinsey & Co, tell Manuela Saragosa why long-distance driving is exactly the kind of job suited to robots.(Photo: A truck stop on the US-Mexico border, Credit: Getty Images)
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The right to repair
03/10/2019 Durata: 18minWhy is it so hard to fix your own things? Ed Butler speaks to those campaigning for manufacturers to make it easier for us to fix our electronics goods - everything from tractors to smartphones. Clare Seek runs a Repair Café in Portsmouth, England, a specially designated venue for anyone who wants to get their stuff to last longer. And Ed travels to Agbogbloshie in Accra in Ghana, one of the places where our mountains of e-waste end up being pulled apart and melted down for scrap. The programme also features interviews with Gay Gordon-Byrne, executive director of The Repair Association; Kyle Wiens, founder of iFixit; intellectual property lawyer Jani Ihalainen; and Susanne Baker, head of environment and compliance at techUK.(Photo: Broken iPhones, Credit: Getty Images)
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The search for sustainable fabric
02/10/2019 Durata: 18minModern textiles are environmentally problematic. Cotton needs gallons of water to produce, while polyester comes from crude oil. So could organic materials such as mushrooms and banana leaves hold the answer?Manuela Saragosa speaks to Dr Richard Blackburn, chemistry professor at Leeds University, who has been studying the ecological impact of the garments industry for decades. Meanwhile the BBC's Elizabeth Hotson investigates innovative new fabrics preparing to hit the market, including MycoTEX, a material made from fungal mycelium, developed by Aniela Hoitink.(Picture: Branch of ripe cotton; Credit: Gargonia/Getty Images)
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The onward march of Chinese debt
01/10/2019 Durata: 18minIs the rapid build up of consumer and corporate credit a threat to China's economic wellbeing?On the 70th anniversary of the founding of the People's Republic, Ed Butler asks whether the increasing dependence on debt of this officially communist nation is becoming a problem.The programme includes interviews with Shanghai-based journalist Liyan Ma, Shaun Rein of business strategy consultants China Market Research Group, and economist Linda Yueh.(Picture: People's Liberation Army personnel participate in a military parade at Tiananmen Square in Beijing to mark the 70th anniversary of the founding of the Peoples Republic of China; Credit: Greg Baker/AFP/Getty Images)
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Brexit and the currency speculators
30/09/2019 Durata: 18minSome traders are betting on the UK crashing out of the EU without a divorce agreement. Should we be concerned that they wield too much political influence?Both the British Prime Minister's sister Rachel Johnson, and the former Conservative finance minister Philip Hammond, have publicly voiced concerns in recent day that Boris Johnson is backed by financiers speculating on a sharp fall in the pound following a possible no-deal Brexit on 31 October.Manuela Saragosa asks how credible are such claims? How are the markets positioned for Brexit? And is there any way of even knowing who is "shorting" the pound, ready to profit from an unexpected fall in its value?The programme includes interviews with David Riley, chief investment strategist at Bluebay Asset Management, and with Jane Foley, head of currency strategy at Rabobank. Plus the BBC's Edwin Lane learns how to play the foreign exchange markets from Piers Curran of Amplify Trading.Producer: Laurence Knight(Picture: A woman looks at a chart showing the drop in
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WeWork and the cult of the CEO
27/09/2019 Durata: 17minHow WeWork's Adam Neumann lost his job after a disastrous attempt to list the company on the stock market. Manuela Saragosa speaks to the Wall Street Journal's Eliot Brown about the charisma of Adam Neumann and how it helped raise billions from investors, and to Andre Spicer from the Cass Business School about the cult of the founder-CEO. Scott Galloway, professor of marketing at the New York University Stern School of Business, explains why WeWork's IPO failure should be a lesson to the markets.(Photo: Adam Neumann, Credit: Getty Images)
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Climate Action: Should we plant more trees?
26/09/2019 Durata: 18minEd Butler speaks to Professor Tom Crowther from the Swiss university ETH Zurich, who says planting billions of trees around the world is by far the biggest and cheapest way to tackle climate change. Marcelo Guimaraes, chairman of Mahogany Roraima, a commercial timber and reforestation plantation in the northern Amazon rainforest, discusses how that would work in practice. (Photo: A tree in a deforested area of the Amazon rainforest, Credit: Getty Images)
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Climate Action: The moral imperative
25/09/2019 Durata: 18minWhat is our ethical duty to eliminate carbon emissions? Was Swedish teen activist Greta Thunberg right to express such anger at the UN Climate Action Summit in New York this week?Justin Rowlatt asks leading moral philosopher Peter Singer, professor of bioethics at Princeton University, whether someone driving a petrol- fuelled car can really be held responsible for increasing the risk of drought in Africa. And why should we give up taking long-haul flights, if the tiny amount of carbon emissions that saves will make practically no difference in the grand scheme of things?Plus climatologist Emily Shuckburgh explains why she is not despondent about climate change - despite seeing the effects first-hand on polar research trips - and how a new institute she is heading at Cambridge University is generating a lot of excitement among academics.Producer: Laurence Knight(Picture: Dead cow in drought-struck Kenya; Credit: muendo/Getty Images)
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Climate Action: Uninhabitable Earth
24/09/2019 Durata: 18minJust how bad will it get if the world fails to get to grips with climate change?On day two of the UN Climate Action Summit in New York, Justin Rowlatt speaks to David Wallace-Wells, author of the apocalyptic book Uninhabitable Earth, which lays out the dire predictions of climatologists for the coming decades if humanity continues to put ever more carbon dioxide into the atmosphere unabated.Yet despite the potentially terrifying outlook, it remains very difficult to motivate politicians and the public to take meaningful action to cut emissions. Why is that, and how might that change? Kelly Fielding is a social psychologist at the University of Queensland in Australia, and has some of the answers.Producer: Laurence Knight(Picture: Dead bumblebee from the cover of Uninhabitable Earth by David Wallace-Wells; Credit: FXseydlbast/Getty Images)
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Climate Action: Greta Thunberg's mission
23/09/2019 Durata: 18minThe Swedish teenage activist Greta Thunberg explains how she aims to get the world's governments gathered for the UN Climate Action Summit in New York to take meaningful action on global warming.Justin Rowlatt speaks to her about her ambitions for her transatlantic trip, and whether one person can really make that much of a difference. In order for her mission to succeed, it will mean rebuilding the global economy from the ground up, including the phasing out of most of the oil and gas industry. John Hofmeister, the former president of Shell's US subsidiary, claims the big oil companies are ready and willing to do their part, if the politicians will only give them the green light.Producer: Laurence Knight(Picture: Greta Thunberg testifies at the US Congress in Washington DC; Credit: Alex Wong/Getty Images)
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The future of Facebook
20/09/2019 Durata: 17minWhat next for the social media giant? Jane Wakefield speaks to one former mentor of Mark Zuckerberg, and a British member of parliament about what changes Facebook needs to make after data scandals and concerns over its power.(Photo: Facebook logo, Credit: Getty Images)
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Robot race cars and AI
19/09/2019 Durata: 18minWhat robots driving cars can tell us about artificial intelligence. Ed Butler speaks to Bryn Balcombe, chief strategy officer of the autonomous vehicle project Roborace. Gary Marcus, professor of psychology at New York University, explains why he thinks AI development is fundamentally limited. Yoshua Bengio, professor of computer science at the University of Montreal in Canada, gives a defence.Producer: Laurence Knight(Photo: A Roborace robot-driven car in action on the track, Credit: Getty Images)
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Trading tinned fish and powdered milk
18/09/2019 Durata: 18minHow economies spring up in extreme places from refugee camps to prisons. Ed Butler speaks to economist Richard Davies, author of a new book called Extreme Economies, who describes the economic activity in extreme places, from a Syrian refugee camp in Jordan to one of the toughest prisons in the world, in the United States. Former US prisoner Lester Young fill us in on how to trade behind bars.(Photo: A prison in Louisiana State Penitentiary, Credit: Getty Images)
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Whom should the corporation serve?
17/09/2019 Durata: 18minShould shareholders come first? Or should companies also serve their employees, customers, and society in general?Ed Butler explores the growing backlash against "shareholder primacy" - the idea espoused in the 1970s by economist Milton Friedman that businesses should only care about maximising the bottom line for the benefit of their investors, and that other stakeholders' interests should not be their prerogative.He speaks to Lenore Palladino, economics professor at the University of Massachusetts Amherst, who has a list of changes she wants to see in the way that American companies are governed, plus Ken Bertsch of the Council of Institutional Investors, who says that the real problem is not the role of investors like the ones he represents, but too much focus on short-termism.Meanwhile Chris Turner thinks he has the solution - he works for the non-profit organisation B Lab, which provides an objective assessment to hundreds of corporations of whether they are having a positive impact on society.(Picture:
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Africa's mobile credit revolution
16/09/2019 Durata: 18minWill the roll out of online lending stimulate economic boom or just a credit binge in Africa?Ed Butler speaks to many of the businesspeople providing the continent with much needed banking services via mobile phones. They are optimistic that financial inclusion for small businesses, farmers and rural consumers could stimulate much faster economic growth. But is there a dark side to the sudden availability of east loans?The programme includes interviews with Matthew Davie, chief strategy officer at the US micro-lending fin-tech Kiva; Omotade Odunowo, chief executive of the Nigerian digital wallet service Fets; Joshua Oigara, chief executive of Kenya's biggest commercial bank KCB; and Kevin Njiraini, regional director for southern Africa and Nigeria at the International Finance Corporation.(Picture: Young African woman using a mobile phone; Credit: wilpunt/Getty Images)
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The cost of sending money home
13/09/2019 Durata: 18minWhy it's time to start paying attention to the global remittances industry. Ed Butler speaks to Monica, a nurse from the Philippines working in the UK - one of millions of people around the world who regularly send money back to their families abroad. Dilip Ratha from the World Bank describes the scale of the money flows, and the persistently high costs of international money transfers. Ralph Chami from the IMF highlights the challenges such big inflows of cash can have on developing countries. And Elena Novokreshchenova from the company Remitly explains how technology can help reduce costs. (Photo: A bank teller counts bills in Manila, Philippines, Credit: Getty Images)
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The cannabidiol craze
12/09/2019 Durata: 17minThe cannabis extract CBD or cannabidiol is legal in many countries, and now it's finding its way into everything from soaps to cosmetics. But is it just a fad, and are its health claims bogus?Manuela Saragosa asks Harry Sumnall, professor in substance use at Liverpool John Moores University, whether it is true that CBD is not a psychoactive substance - unlike the more infamous cannabis extract THC. And is it true that it can be used to treat the symptoms of Alzheimer's, anxiety and cancer amongst others?Meanwhile Katie Prescott explores the booming market for CBD products. She speaks to Jim McCormick, president of cannabis brand Ignite International; Eveline van Keymeulen, head of life sciences regulations at law firm Allen & Overy; Alex Brooks of financial services firm Canaccord Genuity; and Chris Tovey of GW Pharmaceuticals.(Picture: Cannabis leaf; Credit: digihelion/Getty Images)
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Going after Google
11/09/2019 Durata: 18minThe attorneys general of 48 out of the 50 US states have come together to challenge the control of the search giant over what we buy or view online.Manuela Saragosa speaks to the BBC's technology correspondent Rory Cellan-Jones about why the US anti-trust authorities have decided to join their EU counterparts in taking on Google.Jonathan Tepper, author of the new book The Myth of Capitalism: Monopolies and the Death of Competition, takes us through the history and significance of anti-trust legislation. But are anti-monopoly laws equipped to deal with the tech giants of today? And can these companies even be called monopolies? We'll also hear from Sally Hubbard of the Open Markets Institute, and Alex Moazed, co-author of the 2016 book Modern Monopolies.(Picture: The Google logo displayed through a magnifying glass; Credit: Chesnot/Getty Images)
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Tackling the male fertility crisis
10/09/2019 Durata: 18minSperm counts worldwide have been in steady decline for decades, and a group of tech start-ups are finally giving the problem attention.Manuela Saragosa speaks to the heads of two such companies: Tom Smith of Dadi Inc, which provides home kits for freezing sperm, and Mohamed Taha of Mojo Diagnostics, which is using artificial intelligence to make male fertility testing more reliable. Plus Mylene Yao of Univfy Inc, which focuses on female fertility, says she has noticed a generational shift in her clients' attitudes, with much more focus now on the joint responsibility of men in achieving a pregnancy.But why is there such a crisis in male fertility in the first place, and what can men do to improve their chances of having a child? Manuela asks Professor Richard Sharpe of the Centre for Reproductive Health at Edinburgh University.(Picture: Human sperm and egg cell; Credit: koya79/Getty Images)
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The world is running out of sand
09/09/2019 Durata: 18minThe global construction boom is fuelling an illegal trade in sand used to make concrete, causing environmental degradation and spawning sand mafias in parts of the world. Manuela Saragosa speaks to Prem Mahadevan of the Global Initiative Against Transnational Organised Crime, on what is becoming a global phenomenon. Campaigner Sumaira Abdulali, founder of the Awaaz Foundation NGO in India, recounts how she confronted illegal sand miners who were destroying a stretch of beach she owns south of Mumbai, and John Orr, Cambridge University lecturer in concrete structures, on how we could use less sand in construction.Producer: Laurence Knight(Photo: Illegal sand mining in Senegal, Credit: Getty Images)