Business Daily

Latest Episodes:

What's a song worth? Feb 04, 2021

Show notes

Music streaming services have changed the game. We hear about their impact on artists' income from Tom Gray of the 90s British band Gomez. Plus, Merck Mercuriadis, whose music investment company Hipgnosis is spending billions of dollars buying the copyright to some the biggest music hits of the past 50 years.

(Picture: dollar bills rain down on US pop star Miley Cyrus. Credit: Getty Images.)

Will the Olympics be postponed (again)? Feb 03, 2021

Show notes

Uncertainty continues to mount over this summer's delayed Tokyo Olympic Games, as Japan’s Prime Minister Yoshihide Suga announces he is extending a coronavirus state of emergency in Tokyo and nine other areas through March. Last year's unprecedented postponement was arguably the biggest peacetime decision ever taken in sport. But that would be completely overshadowed by an actual cancellation. Seijiro Takeshita of the University of Shizuoka gives the view from the Japanese business community. Sports sponsorship expert Tim Crow explains how a potential delay would impact sponsorship revenue, while US economist Andrew Zimbalist takes on the larger overall costs to Japan. And we’ll also hear from Olympic medallist Kristian Thomas about what it means for players.

(Image credit: Getty.)

How the military controls Myanmar's economy Feb 02, 2021

Show notes

Myanmar's military has announced it has taken control of the country, a decade after agreeing to hand power to a civilian government. Tin Htar Swe OBE, Myanmar analyst and former editor of the BBC Burmese Service, recounts the history leading up to this emergent coup, and where it might lead. Meanwhile, Vasuki Shastry, Associate Fellow at Chatham House's Asia-Pacific Programme, explains how the military have shaped Myanmar's economy and what effect international sanctions might have on their continued hold on it. And Rocco Macchiavello, lead academic with the International Growth Centre Myanmar, explains how, or if, Myanmar can continue its high economic growth seen over the last decade.

Producer: Frey Lindsay.

(Image credit: Getty Images.)

Gamestop: Is it really a case of David vs Goliath? Feb 01, 2021

Show notes

What is Wall Street's role in the surge in Gamestop's share price? It’s been billed as a populist revolt against the financial behemoths of Wall Street: a global gang of small investors driving up the price of Gamestop shares, forcing losses on hedge funds. But is there more to this David versus Goliath story than at first meets the eye? Manuela Saragosa speaks to Alex Patton who trades in his spare time when he’s not at his day job in cybersecurity. She also speaks to former Wall Street professional Alexis Goldstein who now advocates for financial regulation and to Elizabeth Lopatto from the US technology website The Verge. (Correction: in the programme it was said that shares had risen 70% this year when in fact they rose 70% on Friday 29 January 2021)

Business Weekly: 30/01/2021 Jan 30, 2021

Show notes

The UK has said it will impose strict restrictions on people travelling to the country in order to help stop the spread of Covid-19. Travellers from a list of countries deemed 'high risk’ will be put into hotels to quarantine. It’s a scheme used in Australia, where cases are now low. On Business Weekly, we hear how the economy there was able to open up after the first wave of infections. We get the latest on the farmers’ protest in India after this week’s rally turned violent. The end of the Google Loon project means very little in practical terms to people in rural Africa who need internet access. It never managed to deliver on its promise to connect up more of the continent. So, what’s next? Will Elon Musk’s Starlink project be the answer? And the director of the Virunga National Park in the Democratic Republic of Congo tells us how he had to protect the area from exploitative companies as well as armed militias. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.

The pandemic pet boom Jan 29, 2021

Show notes

Homeworking has led to booming pet sales. What happens when people head back to the office? Sales of dogs, cats and all sorts of other pets have soared in the developed world over the past year amid lockdowns. It’s great news for pet care businesses. But animal rescue centres are braced for the worst when and if people start heading back into work again.

(Photo credit: Getty Images)

The economic cost of closing schools Jan 28, 2021

Show notes

The economic costs of school closures amidst the pandemic could be huge. 2 billion school days have been missed so far around the world, and millions more are to come. Experts are warning of a lost generation with many children losing key skills to earn their way out of poverty. Even in the rich world, this cohort could see their future incomes fall considerably. So are governments paying enough attention? Does education have to be the trade off for public health and the economy in the pandemic? We hear from Stefania Giannini Assistant Director-General for Education, UNESCO who tells us that disadvantaged children will suffer the most, whilst Dr Randa Grob Zakhary, CEO, Insights for Education says that different countries have taken different approaches to education during the pandemic with starkly different results. Nisha Ligon is the co-founder of Ubongo, Africa’s biggest EdTech non-profit, who has had a busy year filling the demand for home learning in African countries with limited access to modern technology. Plus educational economist Eric Hanushek, a fellow of the Hoover Institution, Stanford University has been crunching the numbers on the impact on GDP and personal earnings for the current cohort of school children being locked out of school.

(Image: School gates with closed sign. Credit: Press Association)

Kidnap in the Gulf of Guinea Jan 27, 2021

Show notes

Is there a new piracy crisis afflicting Africa's shipping lanes? And should the merchant ships in the region now be armed? Four men boarded a Turkish-crewed container ship out at sea in the Gulf of Guinea in West Africa on Saturday - they killed a crew member and took 15 hostages. Robert Peters, a senior analyst for west Africa at Ambrey, a company which boasts the largest number of maritime security personnel in ports across the globe, tells Ed Butler what happened. Ed also speaks to Munro Anderson, who works for Dryad Global, another security firm that specialises in shipping in the area who says he doesn't think the Nigerian government is doing enough to stop kidnappings in the region. But Amy Jadesimi who is the MD of Ladol, a free trade area within Nigeria's largest port in Lagos, says they are doing quite a good job. And Professor Anja Shortland is a lecturer in political economy at Kings College London. She's also written a book, Kidnap: Inside the Ransom Business, in which she analyses how the problem of piracy around the east African coast off Somalia was effectively contained. Ed asks her if there are lessons to be learnt from that experience.

(Photo: Nigerian special forces sail to intercept pirates as part of an operation in 2019, Credit: Getty Images)

Gorillas, guns and oil Jan 26, 2021

Show notes

Virunga National Park in the Democratic Republic of the Congo is Africa’s oldest and largest wildlife park. Since 1925, it’s been home to some of the last mountain gorillas on earth. But it’s also home to armed militia groups and an ongoing battle for natural resources. The park’s rangers regularly put their lives on the line protecting the precious wildlife and the Congolese communities who live within the park’s boundaries. Two weeks ago, six rangers were killed. Emmanuel De Merode, the park’s director – who also happens to be a Belgian prince – tells us his extraordinary story. Despite huge challenges he remains optimistic that renewable energy and job creation can help steer the region’s next generation of Congolese away from a cycle of violence that has caused so much damage.

(Photo: A mountain gorilla in Virunga National Park. Credit: Thierry Falise for Getty)

Presenter: Vivienne Nunis Producer: Sarah Treanor

Covid: Rethinking wealth and fairness Jan 25, 2021

Show notes

How the Covid pandemic is changing the way we see wealth and economic fairness. The Covid pandemic has not only changed the way we work. It’s also exposed how little we value the kind of work that’s kept economies afloat amid lockdowns. We hear from a panel of guests about how that’s altered our view of the relationship between wealth and fairness - and ask whether it will lead to fundamental change. (Pic of carer with patient via Getty Images).

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected