Business Daily

BBC World Service
undefined
Oct 1, 2021 • 18min

Smart cities and broken dreams

Do smart cities live up to the hype? Urban centres from New York to South Korea’s Busan are rebranding themselves as ‘smart’. From real-time crime mapping to lower energy use, smart cities promise a shortcut to a better future. But what is a smart city? The BBC’s Technology desk editor Jane Wakefield explains. Meanwhile, brand new metropolises are being planned across Africa, often envisioned as shiny tech hubs. Will they ever get off the ground? And why are global consultancy firms often a key part of the story? We visit Kenya’s Konza Technopolis, still a construction site 13 years after it was first promised. Konza CEO John Tanui says the project is on track but Kenyan writer Carey Baraka isn’t convinced. Picture: An artist’s impression of the planned Akon City in Senegal. Credit: Akoncity.comPresenter: Vivienne Nunis Producer: Sarah Treanor Reporter: Michael Kaloki
undefined
Sep 30, 2021 • 17min

Evergrande and China's property woes

China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beijing is weighing the risk of spreading contagion. The BBC's Stephen McDonnell tells us about the property boom in China while Sara Hsu, a Visiting Scholar at Fudan University, tells us that the sheer size of the company is a worry. China watcher George Magnus, Research associate at Oxford University's China Centre, and at SOAS appraises the wider ramifications of the Chinese property bubble being deflated for both China and the rest of the world. (Image: Evergrande's HQ; Image credit: Reuters)
undefined
Sep 29, 2021 • 17min

Inside an influencer house

We’re off to an influencer house, a luxurious mansion where social media personalities are temporarily living together to create content on behalf of a plant-based food brand. It’s a new way of advertising with big budgets and big personalities, but is it money well spent? Elizabeth Hotson hangs out by the ridiculously photogenic lily pond with content creators Jessica Hickey and Ella Blake; Ashley Morton and Oli Paterson explain how and why social media content succeeds - or fails - on Tik Tok and Instagram, and Morgan M-James nearly burns down the kitchen with his innovative plant based creation. Plus, we hear how Tik Tok comedy duo Ylwsqr, aka Bec Horsley and Sam Bartrop, are already planning their next move into the media industry and James Brooks from social media marketing company, Team Brooks explains how the content created by the housemates will be used. And Simon Day, co-creator of the Squeaky Bean brand, explains why he's taking the plunge on the project. Produced and presented by Elizabeth HotsonPhoto of Morgan M-James in the Squeaky House kitchen. Photo by Elizabeth Hotson
undefined
Sep 28, 2021 • 18min

Decentralised Finance on the rise

Regulators are taking a close look at new crypto-trading environments, known collectively as Decentralised Finance, or DeFi. advocates say the technologies underlying DeFi offer an inclusive and democratic approach to finance, while critics say it is a potential hotbed for money laundering, terrorist financing and other criminal activity. The BBC's Ed Butler dives into the world of DeFi, speaking with Laura Shin, crypto journalist and host of the Unchained podcast, to hear about DeFi, and the kinds of entrepreneurs attracted to it. We also hear from Miller Whitehouse-Levine from the DeFi Education Fund, who argues the potential benefits of DeFi, and digital forensics expert Paul Sibenik of CipherBlade explains what tools are out there for tracking criminal activity across dentralised finance platforms. And veteran crypto investor Jamie Burke of Outlier Ventures explains why he has got so much of his own portfolio in DeFi.(Picture credit: Getty Images)
undefined
Sep 27, 2021 • 18min

Climate weighs on German elections

The fight to succeed popular German chancellor Angela Merkel could not be tighter. In late July the country’s climate policies shot to the top of the political agenda in the wake of devastating, and deadly, floods across western Germany. The BBC’s Victoria Craig and Stephen Ryan travelled to one of the hardest-hit towns, Bad Neuenahr-Ahrweiler, to see how the locals are trying to recover. Local shop-owner Martina Kleinow says she and many others are still waiting for financial support to rebuild, while Anne Gluck of the regional chamber of commerce, explains the myriad challenges businesses face. Elsewhere in the country, we’ll hear about projects to build better resilience against climate events. Ulrich Lemke leads a port revitalization project at Offenbach am Main, and explains how public works can better account for neighbouring waterways, while Gerhard Hauber of the engineering consultancy Ramboll, explains how coordination is the key to building true resilience.Producers: Stephen Ryan, Philippa Goodrich.(Photo: The bank of the river Ahr, in Bad Neuenahr-Ahrweiler, Rhineland-Palatinate, Germany. Credit: Victoria Craig /BBC)
undefined
Sep 25, 2021 • 49min

Business Weekly

In just over a month world leaders will meet for a decisive climate change summit - we’ll ask if politicians are willing to accept the end of exponential economic growth in order to protect the planets resources. We’ll hear why gas prices are spiralling and ask why small energy firms weren’t better prepared to withstand rising prices. As a new high speed train line is planned for Egypt we’ll take a close look at this new infrastructure project and ask if it will help deliver new prosperity to a country dogged by economic troubles. And, we’ll hear from the song writers campaigning for clear credits on streaming platforms. Business Weekly is presented by Lucy Burton and produced by Gareth Barlow.
undefined
Sep 23, 2021 • 19min

Can Ethiopia be brought back from the brink?

The country is embroiled in an internal war which has taken a huge humanitarian toll with thousands killed and millions displaced. But that's not the only damage being done to Africa's second most populous nation. The war has incurred a huge economic cost too. As the US threatens further sanctions, Vivienne Nunis asks if Ethiopia can be brought back from the brink. She speaks to Yemane Nagish from the BBC’s Tigrinya service in Nairobi, Will Davison, aformer correspondent based in the country and now an Ethiopia analyst at the International Crisis Group, Irmgard Erasmus Irmgard, the senior financial economist at Oxford Economics Africa in Cape Town and Faisal Roble, a US-based analyst who specialises in the Horn of Africa. (Picture credit: AFP)
undefined
Sep 22, 2021 • 19min

US war on e-cigarettes

The Food and Drugs Administration has withdrawn nearly a million e-cigarettes from the US market. Does this signal a turning point for the vaping industry? Small manufacturers like Amanda Wheeler, owner of Jvapes in Arizona and president of the American Vapor Manufacturers Association, are concerned about heavier regulation, as she tells Joshua Thorpe. Tim Phillips, managing director of ECigIntelligence, explains the impact of heavier regulation on the wider e-cigarette industry. In the UK, Public Health England promotes vaping as a method to stop smoking, as we hear from Jamie Hartmann-Boyce, associate professor at the Nuffield Department of Primary Care Health Sciences, at the University of Oxford. But Desmond Jenson, a lawyer at the Public Health Law Center at the Mitchell Hamline School of Law in Minnesota argues that regulators need to do more to tackle a youth vaping epidemic.(Picture: a woman vaping. Credit: Getty Images.)
undefined
Sep 21, 2021 • 17min

World gas prices surge

Today small energy firms among those struggling to stay afloat as world gas prices spiral. Ed Butler hears from Peter McGirr, who runs Green energy, a UK gas and electricity firm supplying about a quarter of a million households. Higher energy prices could lead to all types of additional business challenges. Sven Holester is the Norwegian President and CEO of Yara, Europe's second largest producer of commercial fertiliser. He says the spike in energy prices has already affected his firm's production. The cost of higher gas is affecting food prices, fertiliser, even abattoirs. But is it all Russia's fault? We ask Dieter Helm, professor of economic policy at the University of Oxford.Producer: Benjie Guy(Picture: The Slavyanskaya compressor station, the starting point of the Nord Stream 2 offshore natural gas pipeline.)
undefined
Sep 20, 2021 • 17min

Lebanon in dire need

The new Lebanese government has been in place for a week, but with the economy still spiraling, Lebanese people lack confidence anything will be done in the short term to relieve the extreme economic crisis. Mohamed El Aassar, Middle East journalist with Fortune Magazine, tells the BBC's Rebecca Kesby how the country’s economy got to be in such a dire state. Reporter Houshig Kaymakamian outlines exactly who makes up the new Lebanese government, and why Lebanese people don’t trust them to enact any meaningful reforms. Beirut restaurateur Aline Kamakian describes daily life trying to run a business in the country, and economist Diana Menhem explains just how dangerous the present moment is, and what needs to change.Producer: Frey Lindsay.(Picture: The first batch of Iranian fuel oil arrives in the city of Baalbek in eastern Lebanon on September 16, 2021. Picture credit: Sleiman Amhaz/Anadolu Agency via Getty Images)

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app