Business Daily

Latest Episodes:

A new normal Apr 24, 2020

Show notes

Countries in Europe are planning to scale back lockdown measures and reopen their economies. But what will the new normal look like? Ed Butler speaks to the BBC's China media analyst Kerry Allen about the experience of Hubei province in China, which ended its lockdown earlier this month, and to Markus Dulle, owner of several DIY stores in Austria, where some shops have begun trading again after a month of shutdown. Experts agree that a programme of testing for the coronavirus is needed before lockdown measures are scaled back - Oxford University economist Daniel Susskind explains why selecting specific groups of people would be more effective than testing everybody at random. And Michel Goldman, professor of immunology at the Université Libre de Bruxelles, explains why a return to 'normal' could take generations.

(Photo: A staff member hands out masks at a reopened DIY store in Austria, Credit: Getty Images)

A moment of truth for the EU Apr 23, 2020

Show notes

A crunch meeting of EU leaders today aims to finally show Italy and others solidarity in the struggle against coronavirus.

A plan is gaining momentum for the European Commission to raise a trillion-plus-euro fund to invest in the recovery of the European economy, something that could mark a major step towards federalism if it succeeds, but many fear could trigger the unravelling of the European project if it fails to win approval.

Manuela Saragosa, herself half-Dutch and half-Italian, asks whether the plan can bridge the bitter divide between her two parent nations over how to handle the crisis. Dutch economist Esther Rijswijk says the Netherlands won't want to hand over money without conditions attached, but Italian MP Lorenzo Fioramonti says the very word "conditions" has become a taboo in an increasingly angry and euro-sceptical Italy.

Meanwhile, one of the plan's co-authors, former Belgian Prime Minister Guy Verhofstadt, explains why he thinks he's come up with a solution that avoids the usual messy EU fudge.

Producer: Laurence Knight

(Picture: EU flag containing viruses instead of stars; Credit: muchomor/Getty Images)

Coronavirus: End of the global supply chain? Apr 22, 2020

Show notes

With factories around the world shuttered during the coronavirus outbreak, we’re asking whether the world’s intricate global supply chains will come out of the pandemic intact. We’ll hear from garment factory workers in Bangladesh who are finding themselves out of work, and from David Hasanat, CEO of the Viyellatex group, which has seen its orders drying up. And David Simchi-Levi, Professor of Civil and Environmental Engineering at MIT, thinks the pandemic will lead to global supply chain restructuring, potentially meaning higher prices for consumer goods.

(Picture: A garment worker in Dhaka, Bangladesh who has been laid off following cancelled orders at her factory. Picture Credit: Salman Saeed/BBC)

Climate change and the pandemic Apr 17, 2020

Show notes

In many cities, pollution has reduced during the Covid-19 pandemic, but what will happen to the environment when economies get going again? The year after the financial crisis, global carbon dioxide emissions jumped by nearly 6% as nations put in place stimulus packages driven by cheap fuel and energy-intensive sectors like construction. There are also fears companies which had planned to invest in clean energy could put those plans on hold as market conditions change. Vera Mantengoli of the newspaper La Nuova Venezia tells us how nature has begun to reclaim its place along Venice's famous canals. We also hear from Lauri Myllyvirta, an analyst at the Centre for Research on Energy and Clean Air. Lucy Siegle, an environmental writer and journalist says that although the UN's climate change conference has been postponed to 2021, we can't lose sight of the urgency for action on climate. And we hear from the International Energy Agency's group executive director, Dr Fatih Birol. Picture: Clear waters in Venice's Grand Canal, where boat traffic has stopped during the city's lockdown to stop the spread of Covid19. Credit Getty Images

Tenants v landlords Apr 16, 2020

Show notes

The daily drama of money and work from the BBC.

Amazon’s pandemic Apr 15, 2020

Show notes

Amazon sees itself as providing an essential service during the coronavirus pandemic, but staff at its huge network of warehouses are worried they’re being put at risk. Ed Butler speaks to William Stolz, a picker at an Amazon fulfilment centre in Minnesota in the US, and to Christy Hoffman, general secretary of the UNI Global Union, about why some workers feel unsafe. Logistics analyst Marc Wulfraat discusses Amazon’s response and what it means for their reputation. And Frank Foer, author of World Without Mind: The Existential Threat of Big Tech, explains why Amazon’s future beyond the pandemic remains uncertain.

(Photo: A package is processed at an Amazon fulfilment centre in Sosnowiec, Poland. Credit: Getty Images)

Coronavirus in Africa Apr 14, 2020

Show notes

Coronavirus has been slow to arrive in Africa but the continent has been warned the wave is coming. South Africa has so far been the hardest hit and it’s responded with some of the harshest lockdown restrictions in the world. Faeza Meyer lives in a township in the Cape Flats on the outskirts of Cape Town and is finding social distancing and getting enough food difficult in cramped conditions. Businesses have also been hit hard as we hear from Thato Rangaka-Maroga in Johannesburg who runs five family businesses - all but one of which are now closed. We also talk to Dr Mary Stephen, from the World Health Organisation’s Africa office in Brazzaville, Congo and Isaac Matshego, an economist at Nedbank in Johannesburg. (Picture: The South African National Defence Force patrols the streets of Cape Town during the national lockdown by Brenton Geach for Getty Images).

The great coronavirus oil glut Apr 13, 2020

Show notes

Demand for fuel has collapsed amid the coronavirus lockdowns, but the world keeps on pumping more crude and is fast running out of space to store it all.

Justin Rowlatt finds that even his local petrol station is struggling, with streets of London - like every other city in the world - largely empty of cars. Alan Gelder of energy consultants Wood Mackenzie describes the lengths to which oil producers are going to stockpile all the unwanted fuel products.

Meanwhile Opec and Russia agreed a major cut in production in recent days, but will it be enough to stabilise the market? Or will the Covid-19 pandemic prove the watershed moment in the history of mankind's consumption of oil? Justin speaks to Harvard professor and former US national security advisor Meghan O'Sullivan, and to clean energy consultant Michael Liebreich.

Producer: Laurence Knight

(Picture: Crude oil spilling out of a drum; Credit: Moussa81/Getty Images)

Comedy in a crisis Apr 10, 2020

Show notes

From marauding goats to comedy dance routines in gardens, Business Daily’s Vivienne Nunis takes a look at the memes and videos helping many of us get through uncertain times. Why does seeing the lighter side of life matter? We hear from some of the content creators, such as Joe Tracini, whose dances – including the now infamous “sexy kitten” move - have been shared tens of millions of times, to stress management coach and advocate of laughter Loretta LaRoche, business expert and entrepreneur Margaret Heffernan, and Business Daily’s old friend, comedian Colm O’Regan.

(Picture: A man laughing at his smartphone. Picture credit: Getty.)

Coronavirus and the surveillance state Apr 09, 2020

Show notes

In the continued struggle to keep people clear of others infected with coronavirus, one tech company, ClearView, says its controversial facial recognition technology could help medical professionals clamp down on the virus’ spread. Indeed, technology has already been deployed in countries around the world to monitor the contact between its citizens. But researcher Stephanie Hare says this technology would be almost useless without increasing testing for the virus. And some, such as Gil Gan-Mor at Association for Civil Rights in Israel, are concerned the coronavirus emergency might be used as an excuse to increase the surveillance state. Though the BBC’s Rory Cellan-Jones thinks a lot of people would trade some of their civil liberties in exchange for going outside again.

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected