Trama
The daily drama of money and work from the BBC.
Episodi
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Battling Mongolia's Pollution Problem
10/07/2018 Durata: 17minCoal fires used to beat the bitter cold of Mongolian winters blanket capital city Ulaanbaatar with smog in the winter, the BBC's Roger Hearing finds, when he meets residents from the Ger District.Typical sanitation is makeshift and in the form of latrines, says Choikhand Janchivlamdan, a sanitation expert at the Green Initiative. This can lead to the spread of disease. Lost livestock due to harsh winters and a desire for better education is leading people to the city, she says. As people move to the city from the countryside, the problem gets worse as no new sewage systems are built.Tserenbat Namsrai, Mongolia's environment minister, plans to introduce smokeless fuel in a bid to combat pollution and introducing more electric heating.Robert Ritz, a US professor who lives in the city, says PM2.5 particulates - that's atmospheric particulate matter that have a diameter of less than 2.5 micrometres - kill thousands of people per year.
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A Spectacular Merger
09/07/2018 Durata: 17minTwo companies dominate the global eyewear industry - and now they are merging into a glasses behemoth. What does it mean for the bespectacled public?Manuela Saragosa investigates the story behind these two anonymous giants - Italian fashion frames designer Luxottica, and French lens-maker Essilor - with the help of American eyewear retail pioneer E Dean Martin, and Gordon Ilett of the UK's Association of Optometrists. And she asks the European Commission why they were happy to wave through their merger earlier this year. Producer: Laurence Knight.Producer: Laurence Knight(Picture: Glasses model frames - black silhouettes isolated on white; Credit: Alxyzt/Getty Images)
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Mongolia's Mega Mine
06/07/2018 Durata: 17minThe gigantic Oyu Tolgoi copper mine will certainly make some people rich, but how many of them will be Mongolian? Ed Butler speaks to the BBC's Roger Hearing, who is at the mine, fresh from taking a taxi ride hundreds of metres below ground. He has been delving into who will profit more from this vast project in the middle of the Gobi Desert - the Mongolian state or mine operator Rio Tinto. Meanwhile, above ground, the BBC's Joshua Thorpe speaks to some disgruntled herdsmen.(Picture: Mongolian herdsman; Credit: BBC)
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Britain's Brexit Befuddlement
05/07/2018 Durata: 17minThe UK still doesn't know what kind of future trading relationship it wants with the EU, more than two years after voting to leave and with less than nine months left to go.Ed Butler and BBC politics correspondent Rob Watson explore the difficult choices that London politicians still refuse to face up to. Audrey Tinline looks at one of the most vexing issues in the negotiations - the Irish border. And Ed speaks to Allie Renison of UK business lobby group, the Institute of Directors, about what kind of a deal her member companies would like to see.(Picture: British Prime Minister Theresa May stands at an EU press conference podium; Credit: JP Black/LightRocket via Getty Images)
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Is Germany Losing its Mojo?
29/06/2018 Durata: 17minGermany is booming, yet some commentators suggest the nation's loss of confidence on the football pitch may mirror economic angst back home.A shortage of skilled workers, inadequate public investment, a failure to grasp new technologies - these are just some of the criticisms that Germans level at their own economic performance. And at the heart of it is a political crisis over the influx of migrants - something many economists say is sorely needed in this ageing nation. Anna-Katarina Noryskiewicz reports from Berlin, plus presenter Rob Young speaks to Gabriel Felbermayr, director of the Ifo Centre for International Economics in Germany.(Picture: A German fan looks dejected following defeat in the 2018 World Cup; Credit: Kevin C. Cox/Getty Images)
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Trump's Trade War
28/06/2018 Durata: 17minHarley Davidson and Mid Continent Nail Corp are some of the US employers being hammered by America's escalating tariffs spat with its biggest trade partners.Manuela Saragosa asks Vanessa, the author of The Girl On A Bike blog, what Harley fans like her make of the company's decision to move some motorcycle manufacturing from the US to Thailand in order to dodge new EU retaliatory tariffs. James Glassman of Mid Continent explains how the blow from the US President's steel import tariffs may flatten his company altogether in a county that voted 79% for Mr Trump. Plus former US trade advisor Pippa Malmgren explains why it may be wrong-headed for her government to try to address the country's perennial trade deficit in the first place.(Picture: Hammer and nail; Credit: kutaytanir/Getty Images)
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Turkey's Refugee Workforce
27/06/2018 Durata: 17minMillions of Syrians, including children as young as 10, are employed illegally in Turkish factories and shops - working long hours, underpaid and without insurance or legal rights. There is talk of an entire lost generation of child workers, missing out on school because their families need them to earn.Ed Butler reports from Istanbul, where he meets a family of garment factory workers who say they are paid less than Turkish colleagues for their 10-12 hour days. He also meets some highly educated professionals, who have been reduced to taking on much lower skilled work since fleeing the civil war in their home country. But does their plight evoke pity among their Turkish hosts? Or resentment that cheap Syrian labour is undercutting their own wages? And what can be done to improve lives, and get their kids out of work and back into school? Ed visits the Turkish charity Hayata Destek (Support to Life) to get some answers.Producer: Laurence Knight(Picture: A young Syrian refugee in Istanbul; Credit: Raddad Jebar
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Trump's Conflicts of Interest
22/06/2018 Durata: 17minDoes the US President mix his business with his politics? And is this anything unusual in Washington DC?Lisa Gilbert of Public Citizen, a non-profit watchdog in Washington DC, gives a summarised list of the alleged conflicts of interest of this administration, while Larry Sabato, director of the University of Virginia's Center for Politics, explains that contrary to popular expectation, almost none of the best performers among the first 44 US Presidents have been businessmen.Plus Professor Martin Gilen of Princeton University tells Ed Butler that the evidence suggests that the influence of money over modern US politics has become as great as during the Gilded Age of robber barons of a century ago.(Picture: Donald Trump at the Trump International Hotel In Washington DC; Credit: Chip Somodevilla/Getty Images)
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The Kidnapping Business
21/06/2018 Durata: 17minIs kidnapping really that lucrative, and why are some countries, such as Mexico, plagued by the crime?Ed Butler speaks to one kidnap victim from Mexico City, as well as Ioane Grillo, a journalist based there who has spent years studying the phenomenon. Kidnapping consultant Carlos Seoane explains what to do if you receive that dreaded phone call announcing that a loved one has been taken hostage. And Anja Shortland of Kings College London talks us through the logic behind kidnap insurance.(Picture: A woman sits on a dirt road near Tijuana in Mexico after crashing her car while fleeing from would-be kidnappers; Credit: The Washington Post/ contributor/Getty Images)
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What Can We Do About Fake Reviews?
19/06/2018 Durata: 17minIf you have ever bought something in an online shop or been to a restaurant, chances are you’ve read a review for it, apparently written by a customer. And chances are you’ve also spotted more than a few suspicions ones, which stand out for their unqualified and lavish praise while being unusually free of personal details, or perhaps because they appear as a diatribe of awfulness designed to put you off forever. Who wrote those? In fact, there's a whole industry surrounding fake reviews - and it matters because more and more of us are buying things online and relying on other people's online advice to make the right choice. Freelance journalist Oobah Butler talks to us about his entire fake restaurant in London, James Kay, at review site Tripadvisor, tells us how they try to weed out inventions such as Oobah’s and brand reputation consultant Simon Wadsworth lays on tips for consumers and businesses.(Picture: Customer review rating. Credit: Getty)
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Imagining an Open North Korea
18/06/2018 Durata: 18minWould you invest in North Korea? US President Donald Trump raised the idea at his summit with North Korean leader Kim Jong-Un. His vision of a private condo on a North Korean beach is probably a long way away, but there are plenty of other countries lacking investment. Paul Domjan, global head of research at Exotix, an investment firm and research agency, explains what a frontier market is.Byung-Yeon Kim, professor of economics at Seoul National University, tells us how North Korea’s economy works.(Picture: A woman carries a boxed flat-screen television on her back as she crosses a road in Pyongyang. Credit: Getty Images.)
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Shades of Privilege
15/06/2018 Durata: 17minColourism is a more insidious form of racism, and harms the prospects of finding work and love for people with darker skin around the world.Natasha Pizzey reports from Mexico and Daniel Gallas reports from Brazil on the efforts to fight back against the prejudice against skin tone, which often emanates from within the same ethnic community as the victims. Meanwhile, Ed Butler speaks to Sunil Bhatia, a professor of human development at Connecticut College in the US, who has studied the rise of this phenomenon around the world.(Picture: Two young black women with contrasting skin tones; Credit: PeopleImages/Getty Images)
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Dirty Money in Zimbabwe
14/06/2018 Durata: 17minPeople queue all night to get filthy notes in a country which is running out of cash. Lesley Curwen visits Harare, the country's capital and talks to those who have to spend all night outside the bank and who then often don't manage to get any cash. And also when they do it's so dirty that it's not accepted outside the country. Plus Monica de Bolle of the Petersen Institute research group in Washington tells Manuela Saragosa about the economic similarities between Venezuela and Zimbabwe.(Picture: People queue outside a bank in Harare; Credit: Zinyange Auntony/AFP/Getty Images)
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Mongolian Yoghurt and the World Cup
14/06/2018 Durata: 17minThe usual western sponsors in this years World Cup have largely been replaced by Asian brands. Why?FIFA makes most of its money from selling the broadcast rights to the World Cup, and through corporate sponsorship. But this year fans won't be seeing as many of the usual brands they're used to on billboards and adverts. Instead, they'll be seeing a lot of...well, Mongolian yoghurt as Simon Chadwick Professor of Sports Enterprise at Salford University in Manchester tells Manuela Saragosa. She also hears from Toby Hoare, CEO of J Walter Thompson in Europe, a marketing communications company which advises large global clients on how to manage their brands. Plus Sean O'Connor, co-founder of Statsports tells her about the tech players will be wearing this year.(Picture: A girl standing in front of an advertisement by a Chinese dairy company sponsoring the 2018 Football World Cup, at a subway station in Beijing; Credit: Wang Zhao/AFP/Getty Images)
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Tackling Trump in Trade Talks
08/06/2018 Durata: 17minAs G7 countries gather for trade talks in Quebec, could they gain some tips on how to fight back against the US steel tariffs from one of President Trump's favourite "sports" - WWE pro-wrestling?Manuela Saragosa gets the views of Financial Times columnist and editor Rana Foroohar, and of William Alan Reinsch of the Washington DC think tank the Centre for Strategic and International Studies. Plus Adrienne Murray gathers the rather mixed feelings of Trump voters about the US President's trade tactics in the rusty steel town of Warren, Ohio.(Picture: Donald Trump pushes WWE chairman Vince McMahon over, in the ring at a Wrestlemania event; Credit: Sam Greenwood/WireImage for World Wrestling Entertainment, Inc)
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Zimbabwe's Mineral Wealth
07/06/2018 Durata: 17minZimbabwe is "open for business", claims its new President Emmerson Mnangagwa, but can it finally put its natural resources to good use?The BBC's Ivana Davidovic reports on the country's diamond sector, which has been a source of popular resentment and corruption, while Vivienne Nunis speaks to the Australian company hoping to develop one of the world's biggest lithium deposits in the country. Back in London, presenter Manuela Saragosa speaks to economist Judith Tyson of the Overseas Development Institute about the country's prospects following the fall of Robert Mugabe.(Picture: Mine worker with lithium ore; Credit: BBC)
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Do We Really Decide for Ourselves?
06/06/2018 Durata: 18minWhy do we behave the way we do in a group setting? Is it because of gender, because of taught behaviour or because of obligation? Ginny Smith, a science writer and memory expert, shows us how to make a “mind palace” to remember lists, and explains how the power of suggestion can affect how we remember things. What caused the last financial crisis? Some commentators suggest some of the blame can be placed on a male, testosterone-fuelled environment, but author Cordelia Fine says that ignores the real problem – bad decision making. Journalist Angela Saini says gender balance in science is not such a problem globally as it is in the west, which she says sounds paradoxical. But because modern science took off later elsewhere, in countries which already had votes for women, more women take part as a matter of course. Tax is a good topic when it comes to choice. Is how we think about fair shares of tax influenced by who we think about when it comes to tax avoidance? Yes, says Helen Miller of the Institute of Fisca
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When the Bitcoin Miners Come to Town
04/06/2018 Durata: 17minThe real-world impact of the cryptocurrency business. Edwin Lane reports from Iceland, which has attracted power-hungry Bitcoin mines looking for a cheap source of electricity. Arni Jensen from the Borealis Data Centre shows him around a cryptocurrency mine near Reykjavik, and Johann Sigurbergsson from the geothermal energy company HK Orka describes the massive growth in the demand for electricity the miners have created. And the mayor of Plattsburgh, New York, Colin Read explains why his city is the first in the world to announce a temporary ban on cryptocurrency mining, amid concerns over its electricity supply.(Photo: An illustration of Bitcoin mining, Credit: Getty Images)
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Who is Elon Musk?
01/06/2018 Durata: 18minHe’s had a few outbursts in recent weeks. Calling stock analysts boring. Criticising his critics over the performance of his cars. Is he a genius, behaving like a playground bully, or both? Tim Urban, a US blogger who has interviewed Mr Musk, says his lack of a PR team means his opinions come unfiltered, but his innovations make him a genius. We also hear from Melissa Schilling, a professor at the Stern school of management and the author of Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators Who Changed the World. She says he shares a number of traits with Nikola Tesla, the namesake of his cars. Not everyone though is so enamoured. James Moore, chief business commentator for the UK's Independent newspaper, reckons he needs to engage with his critics rather than calling them names, or else run the risk of having them think they are right. Thomas Asterbro, professor of entrepreneurship at the HEC Paris business school, says his pioneership may not be such an advantage bus
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Being Watched at Work
31/05/2018 Durata: 18minWhy are we being watched more and more by technology, including in the workplace? Is it an aid to hard work, or prelude to oppression? Wiretap co-founder Jeff Schumann creates software that monitors employee activity on workplace messaging apps. He says his technology is good, and can protect employees from backstabbing co-workers.But to many, this technology has sinister potential. Professor Andre Spicer at Cass Business School in London says it is a reminder for employees of who is boss.Ben Waber, president of a firm called Humanyze, tells presenter Ed Butler it has huge potential when it comes to spotting the previously unknown patterns of good productivity. Even having bigger lunch tables in the office canteen can increase output, as workers have more opportunity to chat and share ideas, he says.(Photo: Giant surveillance desk with monitors. Credit: Getty Images)