Andy Verity

Andy Verity, BBC economics correspondent with decades covering energy markets, explains the link between oil and geopolitics. He discusses how price spikes hit household budgets and inflation. He explores strategic chokepoints like the Strait of Hormuz and Karg Island. He compares today’s risks to the 1970s crises and how market traders, reserves, and supply shifts shape outcomes.

Andy Verity, Economics Correspondent for BBC News, discusses revelations from his book on the LIBOR scandal. The interview includes recordings of whistleblower Peter Johnson, highlighting widespread underreporting of borrowing costs. Verity argues that central bankers and bank CEOs encouraged the rigging. The podcast explores manipulation of LIBOR rates, involvement of higher-ups, government interference, and the lack of accountability. It also discusses the relationship between the justice system and politics, the unpredictable future of interest rates, and the challenges of predicting risks.

Vitaly Shevchenko, host of Ukrainecast, and Orysia Lutsevych, head of the Ukraine forum at Chatham House, discuss the massive protests in Ukraine sparked by President Zelensky's controversial anti-corruption law. They explore the historical context of governmental corruption and its impact on public sentiment amidst the ongoing war. Additionally, Andy Verity, BBC's financial investigations correspondent, reveals the shocking overturning of convictions related to LIBOR manipulation, shedding light on the aftereffects of financial scandals.