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China's retaliatory tariffs on US agricultural exports could hit President Trump's rural heartlands. This week, 3,000 of China's most influential politicians have gathered for the annual National People's Congress. Premier Li Qiang referred to the economy as a “giant ship” moving “steadily towards the future.” But behind the optimistic rhetoric, China faces significant challenges. Among them, a renewed trade war with the United States.In recent days, China has imposed retaliatory tariffs on US goods, specifically targeting agricultural exports from key states like Iowa, Illinois or Kansas. So, is Xi Jinping taking the trade war straight to Iowa? And how will these new tariffs impact Trump's heartland?On this episode, Lucy Hockings speaks to the BBC's North America business correspondent, Michelle Fleury, and Shawn Yuan, from the BBC's Global China Unit.(Picture: Headshot of China's President Xi Jinping. Credit: Agustin Marcarian/Reuters)Producers: Richard Moran and Tom KavanaghSound engineer: Mike RegaardAssistant editor: Sergi Forcada FreixasSenior news editor: China Collins
President Trump pulls back on imposing tariffs on North American-made cars—at least for now. The BBC's North America business correspondent, Michelle Fleury, explains the rationale behind the decision. U.S. investment giant BlackRock secures a $23 billion deal to acquire ports along the Panama Canal, coinciding with Trump's promise to "reclaim" the canal if he returns to office. Whayt does this mean for Panama's economy and global trade?And we find out why World Cup organisers are planning a Super Bowl-style half-time show for the 2026 final for the first time.
Since returning to the White House, Donald Trump has made a string of expansionist foreign policy announcements, angering several of his international counterparts. After reiterating his ambitious intention to purchase Greenland, and renaming the Gulf of Mexico, the US president doubled down on his insistence that Washington should regain control of the Panama Canal, the essential shipping passage he claims has been commandeered by China. Built by the United States in the early twentieth century, the waterway transformed global trade and marked America's emergence as a superpower on the world stage, before being transferred to Panamanian control via a 1977 treaty. So why has Donald Trump got it in his sights now? On this episode Jonny Dymond speaks to Julie Greene, a professor of American studies at the University of Maryland, about the storied history of the Panama Canal. And the BBC's North America business correspondent Michelle Fleury discusses the politics and economics behind the Trump administration's diplomatic pursuit of the trade route.The Global Story brings you trusted insights from BBC journalists worldwide. We want your ideas, stories and experiences to help us understand and tell #TheGlobalStory. Email us at theglobalstory@bbc.com You can also message us or leave a voice note via WhatsApp on +44 330 123 9480.Producers: Laurie Kalus, Mhairi MacKenzie and Beth TimminsSound engineer: Annie SmithAssistant editor: Sergi Forcada FreixasSenior news editor: China Collins
More than a dozen states in the US have sued TikTok, accusing the social media platform of helping to drive a mental health crisis among teenagers. We hear the latest from the BBC's Michelle Fleury.Also in social media, Brazil's Supreme Court has lifted a ban on X.And as Florida braces for Hurricane Milton, we talk to a truck driver out delivering milk and find out how local businesses are preparing.You can contact us on WhatsApp or send us a voicenote: +44 330 678 30 33
The United States and China have had a turbulent history. In recent years, diplomatic relations between the world's two largest economies reached what many observers described as a new low, and despite some growing signs of stability, the future remains uncertain. So, how might this precarious situation be impacted by the upcoming US election?For the latest episode in this special series, Sumi Somaskanda is joined by the BBC's China correspondent Laura Bicker, and our business correspondent Michelle Fleury. They tackle big issues from trade and the economy, to defence and national security, and consider what victory for either Kamala Harris or Donald Trump could mean for the ongoing Sino-American relationship.The Global Story brings you trusted insights from BBC journalists worldwide. We want your ideas, stories and experiences to help us tell #TheGlobalStory. Email us at theglobalstory@bbc.com You can also message us or leave a voice note via WhatsApp on +44 330 123 9480.Producer: Laurie KalusSound engineers: Stephen Bailey, Hannah Montgomery, and Ben AndrewsAssistant editor: Sergi Forcada FreixasSenior news editor: Sara WadesonIf you want to hear more from our 'America and...' series, why not listen to the first episode here: https://link.chtbl.com/gqWrGSMT
Tens of thousands of dock workers in the US walk out in a dispute over pay and automation. Will Bain hears from our North America business correspondent Michelle Fleury, who's at the port of Newark. We also hear how the dispute could affect global supply chains, and the CEO of one of the world's biggest warehouse firms, Prologis, on how it could affect them. In the Middle East, the Israeli military has been carrying out what it describes as limited, localised raids against Hezbollah across its border with Lebanon. We hear from a Lebanese economist on how the Middle East's economy is likely to react, and hear about a jump in oil prices following the US' announcement that there are signs that Iran is preparing to launch an imminent missile attack against Israel. Plus we're in Paris to find out about the city's fashion week - and the luxury market's challenges with declining sales.
A bonus episode from The Global Story podcast: Washington's antitrust cases against Amazon, Apple, Google and Meta The US government is suing some of the biggest tech companies on the planet – Amazon, Apple, Google and Meta – in antitrust cases. The face of Washington's crackdown is Federal Trade Commission Chair Lina Khan, the youngest person ever to hold the post.So, who is the woman taking on Silicon Valley? And can she succeed? To answer these questions, host Adam Fleming speaks the BBC's North America business correspondent Michelle Fleury and former North America tech reporter James Clayton.
The US government is suing some of the biggest tech companies on the planet – Amazon, Apple, Google and Meta – in antitrust cases. The face of Washington's crackdown is Federal Trade Commission Chair Lina Khan, the youngest person ever to hold the post. So, who is the woman taking on Silicon Valley? And can she succeed? To answer these questions, host Adam Fleming speaks the BBC's North America business correspondent Michelle Fleury and former North America tech reporter James Clayton. The Global Story brings you trusted insights from BBC journalists worldwide. We're keen to hear from you, wherever you are in the world. We want your ideas, stories and experiences to help us understand and tell The Global Story. Email us at theglobalstory@bbc.com You can also message us or leave a voice note via WhatsApp on +44 330 123 9480. #TheGlobalStory. The Global Story is part of the BBC News Podcasts family. The team that makes The Global Story also makes several other podcasts, such as Americast and Ukrainecast, which cover US news and the war in Ukraine. If you enjoy The Global Story, then we think that you will enjoy some of our other podcasts too. To find them, simply search on your favourite podcast app.This episode was made by Peter Goffin, Alice Aylett Roberts and Beth Timmins. The technical producer was Matt Hewitt. The assistant editor is Sergi Forcada Freixas and the senior news editor is Sam Bonham.
We examine one the biggest property deals in Europe since 2022 as Gucci has splashed out on a new $1.3bn office in Milan. British businessman Joe Lewis is sentenced by a US judge to three years' probation for orchestrating an insider trading scheme. The BBC's New York business correspondent Michelle Fleury tell us more. Is Gen Z opting for blue collar jobs rather than going to college? We speak to the president of the American Welding Academy. Roger Hearing discusses these and more business stories with guests Yoko Ishikura, professor Emeritus at the Japanese Hitotsubashi University, and Alexander Kaufman, senior reporter at the Huffington Post.(Picture: A Gucci store in China. Picture credit: Kevin Foy.)
Kate Adie presents stories from France, India, the US, Panama and Spain.It's been a year since the UK signed a deal with France to help reduce the number of boats crossing the Channel and break up the smuggling gangs. And whilst the number of crossings is falling, there's been a sharp rise in migrant deaths, mostly by drowning, as they take ever greater risks to reach the UK. Andrew Harding is in Calais to find out why.In the coming days, India will be calling national elections. Voting will take place over several weeks. Prime Minister, Narendra Modi, seems unstoppable, with many expecting he will win a third consecutive term in office. Samira Hussain examines his enduring popularity.The film Oppenheimer, about the creator of the atomic bomb, dominated the Oscars with seven Academy awards. Much of the film is set in the town of Los Alamos, in New Mexico where physicist J Robert Oppenheimer carried out his research. Emma Vardy reports on its lasting effects on local communities.The Panama canal is vital to international trade, providing an essential shipping route and a short cut between the Pacific and Atlantic oceans. But, as Michelle Fleury explains, fewer ships are able to use it at the moment, because of a drought.And in southern Spain, we join Polly Hope in Seville cathedral, amongst the visitors and the faithful as they mark Lent with a procession through the historic streets of the city.Producer: Sally Abrahams Production co-ordinator: Sophie Hill Editor: Richard Fenton-Smith
The World Bank was originally established after World War Two with the goal of eradicating poverty and establishing shared prosperity. With new challenges such as health crises, climate change and the establishment of the Asian Development bank, the World Bank's purpose is under greater scrutiny than ever before, but has its core mission changed? Michelle Fleury, the BBC's North America business correspondent, talks to Claire Graham about the origins and purpose of the World Bank, and the current challenges it faces as it tries to support sustainable development throughout the world.
US prosecutors are taking Google to court over allegations it made deals with smartphone makers to ensure it was the default search engine on billions of devices. The Department of Justice claims the tech giant engaged in illegal practices, which Google denies. The International Atomic Energy Agency (IAEA) is forecasting that demand for oil, natural gas and coal will all peak before 2030. We ask if this is the beginning of the end for the fossil fuel era, what does it mean for the countries that rely on them now? Pickleball has become a popular racket sport in the US this summer, but why is it frowned upon in some quarters? Michelle Fleury reports on the tennis-like craze from New York City.
The rush to extract battery metals from the bottom of the ocean and what that could cost financially and environmentally. Michelle Fleury sees a specialist mining robot in action and hears the arguments for and against deep sea mining. Presenter / producer: Michelle Fleury Image
Former FTX boss Sam Bankman-Fried has pleaded not guilty to fraud and other crimes. Devina Gupta speaks to BBC North America business correspondent, Michelle Fleury, who is in New York reporting on the case. What affect will the China travel restrictions have on the economies of the countries that are implementing them? And the Pacific island nation of Tuvalu could become the first country to disappear due to climate change. Now the government says it will rebuild the islands in the metaverse – the digital world created by Facebook owner, Mark Zuckerberg – to preserve their culture and heritage. (Picture: Sam Bankman-Fried arrives at the court in New York on 3 January. Picture Credit: Getty Images)
The Bureau of Labor Statistics reported on Friday that the US economy added 261,000 nonfarm payroll jobs in October, while the unemployment rate rose slightly to 3.7%. Jobs growth in the US is continuing, but why is it a worrying sign for the US economy? Michelle Fleury, our New York Business Correspondent explains how unemployment rates are affecting inflation. Meanwhile, Chris Low, a Wall Street markets analyst at FHN Financial discusses todays fall in value of the dollar. Also in the programme, we speak to environment correspondent Matt McGrath about the upcoming COP27 summit in Egypt which kicks off this weekend. And we talked to Mitali Nikore, an economist from Delhi about the cost of air pollution in India. (Picture: A mature woman driving a truck. Credit: Getty Images)
The International Monetary Fund has openly criticised the UK's economic policy. It says the government's plan to cut tax for the highest earners and increase borrowing will increase inequality. Our North America business correspondent from New York, Michelle Fleury, tells us more. The UK Treasury says it is focused on growing the economy to raise living standards for everyone. Former Deputy Director at the IMF, Adnan Mazarei, speaks further on the issue. Energy journalist Jacob Schlandt gives us the latest on gas leaks from the Russian-controlled Nordstream gas pipelines – which the international community has labelled an act of sabotage. Hurricane Ian gathers momentum towards Florida, leaving hundreds of thousands of people in Cuba without power. Cathy Perkins, the Director of Pinellas County Emergency Management, talks to us. Could building more homes and offices out of wood instead of concrete help tackle climate change? The BBC's Maddy Savage explores the pros and cons. Carlos Kytka, the executive director of the Gay European Tourism Association, chats with us about Cuba's push to become an attractive destination for LGBTQ+ visitors. (Picture: The UK's currency, pound sterling, has fallen to historic lows. Credit: Getty Images.)
The BBC'S New York correspondent, Michelle Fleury explains the IMF's concerns about the new fiscal measures adopted by the UK. Mark Sobel, a former US treasury official who is now chair of OMFIF a think tank, highlights the importance of sterling to the global economy. Polish Prime Minister, Mateusz Morawiecki has reacted to the gas leaks from Russian-controlled pipelines, describing the damage as an act of sabotage. But the US Secretary of state, Anthony Blinken, takes a more cautious approach. The leader of the opposition party in the UK, Sir Keir Starmer, has announced a new Labour policy for tackling climate change - setting up a state-owned energy company - called Great British Energy. We speak to Jacob Schlandt, a journalist based in Germany about the effects of the leak on the markets. As Florida braces for Hurricane Ian, Cathy Perkins, the Director of Pinellas County Emergency Management talks to us about the situation. Food delivery drivers in Brazil are facing hard times trying to save a mere 3 dollars extra a day on fuel. BBC journalist, Agustina Latourrette speaks to some of them. Paris Fashion Week is back in the French capital with a bang. The BBC's Bisi Adebayo caught up with Lucy Maguire, a reporter for Vogue Business who's at the show in Paris.
Sam Fenwick is joined by President of the Women's Institute for Science, Equity and Race, Rhonda Vonshay Sharpe and Director of the Center for Conflict Management at Ewha University in Seoul, Professor Jasper Kim. Elon Musk subpoenas co-founder Jack Dosey as part of his legal dispute with Twitter as he tries to pull out of a deal to purchase Twitter for 44 billion dollars. The BBC's North America business correspondent, Michelle Fleury joins us from New York. China is offering special loans to combat the country's housing crisis, but is a drought putting further pressure on the country's economy? Coldplay's current tour “Music of the Spheres” aims be as sustainable as possible. So could this be the future of world music tours? We hear from Seth Wines from Concordia University in Montreal, who researches consumer behaviour and climate change. (Picture: PARIS, FRANCE - APRIL 26: In this photo illustration, the Elon Musk's Twitter account is displayed on the screen of an iPhone in front of the homepage of the Twitter website on April 26, 2022 in Paris, France. Picture Credit: Getty Images).
Taiwan is bracing for a potential show of force from China as US house speaker Nancy Pelosi arrives in the country for talks with the president. The BBC's Taiwan correspondent Cindy Sui has been following the story. Spain has introduced an energy-saving plan today which includes limiting air conditioning in public buildings and businesses to a minimum of 27 celsius and limiting central heating to a maximum of 19 celsius. Photojournalist Leah Pattem updates us from Madrid. The oil giant BP hit its highest quarterly profit for 14 years. Investment director at Broker Fidelity International, Tom Stevenson, tells us what impact it could have on the tax industry. Rent rates in New York have soared in yet another sign of the cost-of-living squeeze. We hear from Yoon Choi who was forced out of the Upper East Side due to high rent rates. The BBC's North America business correspondent Michelle Fleury joins us from New York. In 2020, after months of civil unrest, China introduced a new security law in Hong Kong. In response, the UK has expanded the British National Overseas visa scheme which now offers the right to live and work in the UK for five years, as well as a path to citizenship. James Graham catches up with those starting new lives in the UK and finds out how they're establishing careers. (Picture: WASHINGTON, DC - JULY 21: U.S. Speaker of the House Nancy Pelosi (D-CA) holds her weekly press conference at the U.S. Capitol on July 21, 2022 in Washington, DC. Picture Credit: Getty Images).
As Twitter launches legal action to compel Elon Musk to complete a takeover he says he now wants to stop, Silicon Valley tech reporter James Clayton and New York business correspondent, Michelle Fleury join us to take stock of how what was meant to be the biggest deal in tech has turned into the industry's biggest row instead. Tech Tent also speaks to Carl Pei as he launches the Nothing One and attempts to shake up the smartphone market. China analyst Kerry Allen tells us about screen time for Chinese children being strictly limited over the summer holidays - and why Heardle fans are unhappy about it being bought by Spotify.
As new data shows the work from home revolution is accelerating, we ask if technology has forced the world of work to change for ever. Claire McCartney, from the CIPD, shares her expertise and the BBC's New York business correspondent Michelle Fleury gives the picture from the US. Zoe interviews the boss of Uber, Dara Khosrowshahi, about the company's future. Kyle Glen, co-host of the Osint Bunker podcast, and the BBC's Gordon Corera discuss open source intelligence. And the latest twists and turns in the Elon Musk Twitter takeover saga.
Inflation in the US was up 8.3% in April, down from a growth rate of 8.5% in March, hinting that the peak of inflation could be over. We get analysis from our business correspondent Michelle Fleury in New York. Shanghai is introducing new lockdown measures to try and halt the spread of coronavirus. Don Weinland is China business editor for The Economist, and describes the latest restrictions. Also in the programme, the BBC's Rahul Tandon reports on what happens to a country such as Ukraine when conflict means that cash stops flowing in normal ways. Remittances to low- and middle-income countries will slow down this year because of the war in Ukraine. That's according to a report from the World Bank. We speak to its lead author Dilip Ratha about the consequences. Spain is expected to become the first Western country to introduce menstrual leave, giving women who suffer from painful periods up to three days off per month. Chloe Caldwell, author of menstrual memoir The Red Zone: A Love Story, tells us why she welcomes Spain's decision. Alex Ritson is joined throughout the programme by Ralph Silva of Silva Research Network in Toronto in Canada, and Sushma Ramachandran, business journalist for the Tribune, who's in Delhi, India. (Picture: Supermarket shelves. Picture credit: Getty Images.)
Inflation in the US was up 8.3% in April, down from a growth rate of 8.5% in March, hinting that the peak of inflation could be over. We get analysis from our business correspondent Michelle Fleury in New York. And Susan Schmidt of Aviva Investors in Chicago tells us how investors reacted to the inflation figures.
The BBC's Michelle Fleury joins us to explain the latest US unemployment figures. And the US Treasury Department is banning Blender - a type of currency mixer which scrambles cryptocurrencies from thousands of addresses, to make transactions even harder to trace. It was used in a huge multi-million dollar heist undertaken by hackers in North Korea; we hear more from Herb Scribner, a reporter at Axios
The BBC's Michelle Fleury joins us to explain the latest US unemployment figures. Also in the programme, 2000 trade unions in Sri Lanka have participated in a nation-wide strike, with employees calling in sick and out on the streets across the country. Our reporter Archana Shukla gives us the latest from Colombo. On Monday, voters in the Philippines will head to the polls to choose a successor to President Rodrigo Duterte, who can't run again due to term limits. The BBC's Karishma Vaswani in Manila explains what the key issues will be for voters. And Martyn Williams has a report about the English film enthusiasts who are working to bring back 35mm projectors.
The US central bank, the Federal Reserve, has raised interest rates by 0.5% in a bid to combat rising inflation, which is currently running at 8.5%. We get analysis from our north America business correspondent Michelle Fleury. And Mitchell Hartmann of the Marketplace programme on American Public Media asks whether we might see a repeat of the 'wage-price spiral' of the 1980s. The European Union has proposed a ban on imports of Russian oil and refined fuel products. Richard Bronze is head of geopolitics at the energy sector consultancy Energy Aspects, and talks us through the implications. And we get a sense of how this move could impact the Russian economy from Elina Ribakova, deputy chief economist at the Institute of International Finance. Also in the programme, the BBC's David Reid reports on how fast and portable genome testing is unlocking the secrets to ourselves, and the environment we live in. And Diego Maradona's infamous 'Hand of God' football shirt sells for a record £7.1 million. We assess the legacy of the footballer - and that 1986 game - with Marcela Mora y Araujo, an Argentine sports journalist based in London. Fergus Nicoll is joined throughout the programme by James Mayger of Bloomberg News in Beijing and by Takara Small, tech reporter and podcast host, from Toronto. (Picture: A supermarket in California. Credit: Getty Images)
The US central bank, the Federal Reserve, has raised interest rates by 0.5% in a bid to combat rising inflation, which is currently running at 8.5%. We get analysis from our north America business correspondent Michelle Fleury. And Susan Schmidt of Aviva Investors in Chicago tells us how investors reacted to the Fed's announcement. Diego Maradona's infamous 'Hand of God' football shirt sells for a record £7.1 million. We assess the legacy of the footballer - and that 1986 game - with Marcela Mora y Araujo, an Argentine sports journalist based in London.
The European Union has proposed a ban on imports of Russian oil and refined fuel products. Richard Bronze is head of geopolitics at the energy sector consultancy Energy Aspects, and talks us through the implications. And we get a sense of how this move could impact the Russian economy, from Elina Ribakova, deputy chief economist at the Institute of International Finance. Also in the programme, the US Federal Reserve is due to announce its latest interest rate decision shortly. We explore its options with the BBC's Michelle Fleury. Meanwhile the Reserve Bank of India announced a surprise 0.4 percentage point interest rate increase. The BBC's Nikhil Inamdar tells us what was behind the move. Plus, the BBC's David Reid reports on how fast and portable genome testing is unlocking the secrets to ourselves, and the environment we live in.
Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential". In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. We get the details from the BBC's Michelle Fleury in New York, and further analysis from tech journalist Chris Stokel-Walker. And Chris Low explains how Twitter's share price moved today in reaction to the news.
Tesla boss Elon Musk has offered to buy Twitter, saying he is the right person to "unlock" the social media platform's "extraordinary potential". In a surprise announcement, Mr Musk said he would pay $54.20 a share for Twitter, valuing it at about $40bn. We get the details from the BBC's Michelle Fleury in New York. Plus, in Sri Lanka, protests continue and the financial chaos deepens as two of the world's biggest credit ratings agencies said they expected the country to default on its foreign debts. To give us a sense of what every day life looks like right now, the BBC's Rahul Tandon has been speaking to people across Sri Lanka. And Nepal says it's considering declaring a two-day weekend, instead of its Saturday only weekend, as part of its measures to reduce the consumption of petroleum products; The BBC's Anbarasan Ethirajan reports from Kathmandu. And following a boom in pet ownership during the pandemic, services for those dogs and cats are springing up - we hear from Donna Conelly, owner of Angels pet care and Barking Mad Dog training in Newcastle.
A two day general strike is under way in India today, as workers protest government economic policies. We hear how everyday life has been affected from Nikhil Inamdar, BBC India Business correspondent in Mumbai. President Biden has a big new budget to take to congress - we hear from Chris Low from FHN Financial who says this bill is notable for having some sweeteners for the other side. Workers at three different Amazon warehouses in the US are voting on whether to organise unions. The BBC's Michelle Fleury reports from one of the facilities, in Staten Island, New York, on whether this effort is likely to succeed. And Jeffrey Sonnenfeld at the Yale School of Management, explains how the so-called "Business Retreat" from Russia could pressure President Putin into retreating from the war with Ukraine. (Picture of protesters during a nationwide general strike against the policies of the central government, in Ahmedabad, India. Photo by Sam Panthaky via Getty Images).
China's Shanghai financial hub will be locked down in two phases amid rising Covid cases. Jennifer Pak is China correspondent for our US partner programme Marketplace, and tells us what impact the lockdowns are likely to have on global supply chains. Also in the programme, a two day general strike is under way in India today, as workers protest government economic policies. We hear how everday life has been affected from Sushma Ramachandran, who is an independent business journalist based in Delhi. Workers at three different Amazon warehouses in the US are voting on whether to organise unions. The BBC's Michelle Fleury reports from one of the facilities, in Staten Island, New York, on whether this effort is likely to succeed. Plus, the BBC's Sam Fenwick reports on record prices for fertiliser as a result of Russia's invasion of Ukraine, and explores the potential impact it could have on global food supply. Today's edition is presented by Mike Johnson, and produced by Benjie Guy and Sarah Hawkins.
For two weeks, Western countries have been ramping up restrictions on trade with Russia. As these start to bite into Moscow's economy, the US National Security Adviser has issued a warning to China. Ahead of a meeting with Bejing's top Foreign Policy Official in Rome on Monday, Jake Sullivan said China would 'absolutely' face consequences if it helped Moscow to evade or backfill sanctions. We spoke to Dr Bhavna Dave is a Senior Lecturer in Central Asian Politics at the School of Oriental and African Studies and asked her about the relationship between Beijing and Moscow. Next, we discuss the enormous numbers of people who have been fleeing Ukraine, in an effort to escape the fighting with Konstantin Sonin - a Russian Economist, and a Professor at the University of Chicago. We then asked our regular analyst Michael Hughes if with the supplies of Russian oil and gas now set to run dry - would other countries step up to supply Europe? Then we go to the BBC's North America business correspondent Michelle Fleury. She spoke to The head of America's largest natural gas producer, EQT. He said he believes the US could replace Russian natural gas there. Next, Dr Selam Kidane is an Eritrean Psychology lecturer at the University of West London and a human rights activist. We asked her about Eritrea's relationship with the UN and Russia in light of the country refusing to sanction Russia. Lastly - In many markets, there is a campaign to stop Russian channels from broadcasting what's being called propaganda pertaining to the Ukraine crises. In Europe, RT has already disappeared from satellite services - and in Canada a group of Russian language journalists have signed a letter demanding that the government bans outlets controlled by the Kremlin from their airwaves. Alla Kadysh is a Russian radio and podcast host in Toronto, wrote the letter. Producer: Gabriele Shaw | Presenter: David Harper
Western countries have placed further sanctions on Russia after President Putin ordered troops into two breakaway regions of eastern Ukraine. We hear directly from some of the main diplomatic voices on both sides of the crisis, and get an update from the Wall Street Journal's Chief Foreign Affairs Correspondent Yaroslav Trofimov, who is in Kyiv. Professor Avinash Paliwal of the School of Oriental and African Studies in London tells us why India is walking a tightrope when it comes to responding to the situation in Ukraine, given the country's close military and commercial ties with Russia. Bloomberg correspondent Simone Foxman has been at the summit of the world's leading natural gas producers in Qatar's capital Doha, and tells us other suppliers will be unable to meet the shortfall caused by the disruption of Russian gas exports to Europe. Shaistah Akhtar, an expert on sanctions law at London-based law firm Mischon de Reya, tells us how the impact of the measures taken against Moscow by countries such as the UK will be felt in Russia. The BBC's Michelle Fleury has a special report on rapidly increasing used car prices, and how potential buyers in the US have been affected. Throughout the programme we're joined live by Jeanette Rodrigues, Managing Editor for South Asia at Bloomberg, and political reporter Erin Delmore in New York. (Photo: Protesters outside the Russian embassy in Kyiv; Credit: Getty Images)
Amid warnings from the West that time really is running out, the G7 group of nations has reiterated that it is ready to impose sanctions on Russia if it sends troops over the border; we hear from Anders Aslund, senior fellow at the Stockholm Free World Forum and an Adjunct Professor at Georgetown University. We get market reaction from Peter Jankowskis of Arbor Finanvcial. Plus, a former Goldman Sachs banker has gone on trial in New York at the start of a multi-billion money laundering trial. The case centres on a scandal in Malaysia known as 1MDB that helped bring down a government. We hear the latest from our US business reporter Michelle Fleury.
The UK economy grew 7.5% in 2021, despite a fall in December due to Omicron restrictions. We get analysis of the latest data from Ruth Gregory, senior UK economist at Capital Economics in London. Also in the programme, Argentina's government and the International Monetary Fund have been renegotiating the terms of a 2018 loan issued to the country. The package had been vaunted for its commitment to protecting the most vulnerable in society, but as the BBC's Ed Butler reports, the reality has been painfully different. Religious police in Nigeria have destroyed nearly four million bottles of beer in a crackdown on alcohol in the northern city of Kano. The BBC's Nkechi Ogbonna explains the background. Plus, ahead of this weekend's Super Bowl between the LA Rams and Cincinnati Bengals, the BBC's Michelle Fleury reports on the rising number of cryptocurrency adverts expected on TV. And with the event returning to Los Angeles for the first time in almost 30 years, we examine the likely economic impact on the city with Matt Dangelantonio of LA's KPCC radio. Today's edition is presented by Will Bain, and produced by Sara Parry, Sarah Hawkins and Gabriele Shaw.
With inflation rising faster than expected, we hear from the BBC's North America Business correspondent Michelle Fleury and economist Cary Leahey. Plus, blockades across some of the busiest border crossings between Canada and the United States are disrupting supply chains of America's biggest car companies. We hear from Peter Campbell, Global Motor Industry Correspondent at the Financial Times. And Tesla is being sued for alleged racial discrimination and harassment by a California regulator which claims the electric carmaker operates "a racially segregated workplace". Dana Hull automotive and technology reporter for Bloomberg tells us about the allegations. Plus, the BBC's Ivana Davidovic reports on why the use of robots has risen by 40% in North American workplaces since the start of the coronavirus pandemic. And we're joined throughout the programme by Alaezi Akpuru entrepreneur and Creative Director at Virgioli Fashion in Lagos, Nigeria and Alexander Kaufman senior reporter at HuffPost, based in New York. (Picture of dollar bills, picture via Getty Images).
With inflation rising faster than expected, we hear from the BBC's North America Business correspondent Michelle Fleury and economist Cary Leahey. Plus, blockades across some of the busiest border crossings between Canada and the United States are disrupting supply chains of America's biggest car companies. We hear from Peter Campbell, Global Motor Industry Correspondent at the Financial Times. And Tesla is being sued for alleged racial discrimination and harassment by a California regulator which claims the electric carmaker operates "a racially segregated workplace". Dana Hull, automotive and technology reporter for Bloomberg tells us about the allegations.
The US Secretary of State Antony Blinken will meet leaders of the "Quad" grouping, a US-led bloc which includes Australia, Japan and India, to shore up Indo-Pacific partnerships in the face of China's growing power. We get analysis from Cleo Paskal, Associate Fellow at Chatham House. The Dutch central bank has said it "deeply regrets" its founders' role in the slave trade. We get reaction from Linda Nooitmeer, chair of the National Institute for the History and Legacy of Dutch Slavery. Also in the programme, we look at what's happening on the US-Canada border where the ongoing vaccine protests first started. Truck drivers have blocked the most important commercial crossing, Ambassador Bridge. We get the latest from Nate Tabak who's been covering the story. As the cost of living rises rapidly in America, so has the use of gifting platforms such as the BuyNothing project. It is one of a number of schemes that help people give away things they no longer need, as the BBC's Michelle Fleury reports. And as the US postal service comes under fire for spending billions of dollars on a new fleet, we ask journalist Michael Sainato what the public thinks. Fergus Nicoll is joined throughout the programme by financial professional Jessica Khine in Malaysia and Dante Disparte, head of global policy for financial services firm Circle, who's in Washington DC. (Picture: Antony Blinken arriving in Melbourne. Picture credit: Getty Images.)
The Dutch central bank said it "deeply regrets" its founders' role in the slave trade. Dr Joris van den Tol conducted an independent review into the issue, and discusses the review's findings. Also in the programme, Japanese car giant Toyota says it will make 500,000 fewer vehicles this year than previously planned, as a result of a shortage of semiconductors for its cars. David Leggett is automotive editor at Global Data, and explains the implications. As the cost of living rises rapidly in America, so has the use of gifting platforms such as the BuyNothing project. It is one of a number of schemes that help people give away things they no longer need, as the BBC's Michelle Fleury reports. Plus, the Indian industrialist Gautam Adani has become Asia's richest person, according to the Bloomberg Billionaires Index. The BBC's Archana Shukla tells us how Mr Adani made his money.
There are calls for a windfall tax on some of the world's biggest energy companies after they posted huge profits at the same time as consumers' bills face massive increases. We speak to Professor Arun Advani of Warwick University about the economical and moral implications of one-off taxes. In the US the Justice Department has seized $3.6bn in Bitcoin from an online theft which occurred six years when the digital tokens were worth just $71m. The BBC's Michelle Fleury in New York takes us through what happened. The EU announces tens of billions of dollars in subsidies to mitigate supply chain problems in the manufacture and roll out of microchips; Peleton navigates a bumpy road and are robots set to be the pets of the future? Throughout the programme we're joined by Ann Dwyer, editor of Crain's Chicago Business and by James Mayger of Bloomberg in Beijing. Photo: A gas hob Credit: PA
Presidents Putin and Xi of Russia and China met and unveiled a number of bilateral deals. We hear about the burgeoning economic relationship between the two countries from Dmitry Dolgin, chief economist for Russia at ING. President Putin was also able to catch the opening ceremony of the Winter Olympics in Beijing, and the BBC's Stephen McDonell tells us what impact the coronavirus pandemic has had on the scale of the event, compared to Beijing's summer Olympics in 2008. Also in the programme, the US added 467,000 jobs last month, which was far better than most analysts had predicted. The BBC's Michelle Fleury brings us the details. Plus, the BBC's Russell Newlove reports on the booming market for electric bikes. Today's edition is presented by Will Bain, and produced by George Thomas, Russell Newlove and Gabriele Shaw.
The US economy added just 199,000 jobs in December but unemployment also fell to 3.9%. The BBC's Michelle Fleury in New York tells us that the figures fell short of what economists had forecasted, and Wall Street analyst Chris Low from FHN Financial tells us how the markets have reacted. Plus, are hydrogen-powered flying cars poised to revolutionise the way we travel, and drastically reduce vehicle emissions? We speak to an entrepreneur in the field at the CES 2022 tech fair in Las Vegas. And Kai Rysdall from Marketplace looks at the world of audio logos - how brands use sonic signposting to help make their products more easily identifiable for consumers.
US President Joe Biden announces plans to deliver hundreds of millions of lateral flow tests for Americans to use at home – it's the first time the federal government has offered subsidised testing for coronavirus. Our correspondent in Washington, DC, Aleem Maqbool, gives us the latest. As the Christmas holiday approaches, millions of Americans are expected to travel, leading to fears the already surging Omicron variant could spread further and faster. In New York, mayor Bill de Blasio is offering cash incentives for those who are yet to be vaccinated to come forward and get their shots. Elsewhere in the US, the BBC's Michelle Fleury speaks to people who are quitting their job in what has been dubbed the Great Resignation; in Kentucky, the rate of resignations is higher than anywhere else in the country. In China, the online retail behemoth Amazon is accused of agreeing to remove reviews of President Xi's that were anything less than a full five out of five stars. While in Japan a shortage of chips – French fries, not microchips – has forced McDonalds to offer smaller portions to customers. Throughout the programme we're joined from Chicago by Stephanie Hare, researcher of technology and politics - and from Seoul by Jasper Kim, attorney, author and expert on international business law. Picture: Joe Biden addresses viewers. Credit: Reuters.
It's predicted that the Omicron Covid variant could have a significant economic impact. We explore the implications with Lena Komileva of G+ Economics. And we get a sense of public health measures the World Health Organization would like to see implemented from Dr Margaret Harris, who is a public health doctor with the WHO. Also in the programme, the bosses of aviation giants Boeing and Airbus have called on the US government to delay the rollout of new 5G mobile service amid concerns it could interfere with aircraft electronics. We find out more from the BBC's Theo Leggett. Plus, in the United States, 2021 is seen by some as the year of the Great Resignation. Over four million Americans are leaving their jobs each month at the moment. The BBC's Michelle Fleury travelled to the state of Kentucky, where the phenomenon is widespread, to find out more. Today's edition is presented by Rob Young and produced by Sarah Hawkins and Frey Lindsay.
Anti-coup activists have protested against Myanmar's leaders by enacting a silent strike. Many businesses were closed, streets have been empty, and we hear about the protesters' aims from activist Thinzar Shunlei Yi. And we explore the potential impact with Anna Plunkett, lecturer in International Relations at the Department of War Studies, King's College London. Also in the programme, US inflation rose to 6.8% in November, its fastest pace for almost 40 years. The BBC's Michelle Fleury reports from a food bank in Kentucky on how people are coping with the rapidly rising cost of living. This weekend marks the 20th anniversary of China becoming a member of the World Trade Organization. Stephen Vaughn was a US trade representative during the Trump administration, and he tells us why he thinks China's accession to the WTO came at an unfair cost to the American economy. Plus, the New York Met is to remove the Sackler name from its exhibition spaces, because of the family's ownership of Purdue Pharma, a drug company accused of helping fuel America's opioid crisis. We get reaction to the move from JJ Charlesworth, who is an editor of the magazine Art Review.
Shell has pulled out of the controversial Cambo oil field development west of Shetland. The oil giant said that developing the field was uneconomical, and we get the background to the decision from Jane Rangal, who is an oil and gas analyst with Energy Aspects. Also in the programme, the US economy added a weaker than expected 210,000 jobs in November. The BBC's Michelle Fleury talks us through the latest data, and Mike Johnson reports on what's been described as the Great Resignation, where people are quitting their jobs in record numbers, and asks whether it is a permanent change in how we think about work. Plus, a new $6bn high speed rail link has opened between China and the capital of Laos, Vientiane. Ruth Banomyong is professor of logistics at Thammasat Business School in Bangkok, and discusses the implications.
China and the US have agreed to boost climate co-operation over the next decade, in a surprise announcement at the COP26 climate summit in Glasgow. The two countries released a joint declaration promising action. We get reaction from Jess Shankleman, an energy and environment specialist at Bloomberg. Afghanistan's ex-finance minister has blamed the government's fall on corrupt officials who invented "ghost soldiers" and took payment from the Taliban. We have an in-depth interview with Khalid Payenda. Plus, electric carmaker Rivian Automotive started trading on the Nasdaq exchange today. Shares in the company soared, boosting the market value of the firm to $100bn. The BBC's North America business correspondent Michelle Fleury has been following the story. All this and more discussed with our two guests throughout the show: Tech journalist Takara Small in Toronto and Jyoti Malhotra, senior consulting editor at The Print, in Delhi. (Picture: US climate envoy John Kerry. Credit: Reuters.) (Picture: US climate envoy John Kerry. Credit: Reuters.)
China and the US have agreed to boost climate co-operation over the next decade, in a surprise announcement at the COP26 climate summit in Glasgow. The two countries released a joint declaration promising action. We get reaction from Jess Shankleman, an energy and environment specialist at Bloomberg. Electric carmaker Rivian Automotive, started trading on the Nasdaq exchange today. Shares in the company soared, boosting the market value of the firm to $100bn. The BBC's North America business correspondent Michelle Fleury has been following the story. Plus, Susan Schmidt of Aviva Investors on the rest of the day's trading on Wall Street.
The US conglomerate General Electric is to split into three publicly listed companies. We find out what's behind the move from the BBC's Michelle Fleury in New York. Also in the programme, the aircraft engine maker Rolls Royce has secured funding to develop small modular nuclear reactors, aimed at producing green electricity. Tom Samson is chief executive of Rolls Royce SMR and explains the background, while South African energy analyst Chris Yelland is sceptical. Plus, German media giant Axel Springer is understood to have plans to force workers to disclose intimate relationships they have with colleagues. Erika Solomon, Berlin correspondent of the Financial Times and Ben Smith, media correspondent of the New York Times, bring us the details. Also in the programme, Mexico's president has outlined a global anti-poverty plan to the United Nations that he says would help 750 million people living on less than two dollars a day. Plus, the BBC's Russell Padmore reports on the growing problem of restaurant-goers booking a table and then not turning up. All this and more discussed with our two guests throughout the show: Sarah Birke of the Economist, in Mexico City and in James Maygar, Bloomberg's correspondent in Beijing. (Picture: General Electric logo. Credit: Getty Images.)
The US conglomerate General Electric is to split into three publicly listed companies. We find out what's behind the move from the BBC's Michelle Fleury in New York. Also in the programme, the aircraft engine maker Rolls Royce has secured funding to develop small modular nuclear reactors, aimed at producing green electricity. Tom Samson is chief executive of Rolls Royce SMR and explains the background. The BBC's Russell Padmore reports on the growing problem of restaurant-goers booking a table and then not turning up. Plus, German media giant Axel Springer is understood to have plans to force workers to disclose intimate relationships they have with colleagues. Erika Solomon is Berlin correspondent of the Financial Times and brings us the details. Today's edition is presented by Rob Young, and produced by Vishala Sri-Pathma and Russell Newlove.
President Biden has set a mandate which says workers at firms with more than 100 employees must be double vaccinated by 4th January. We get reaction from our reporter Michelle Fleury in New York. As more and more of us shop online, many customers are choosing to 'buy now, pay later' with interest free credit options. But is this just tempting young shoppers to get into debt? Ed Butler has a special report. Also in the programme, from COP26 we hear from Jen Jenisch, chief executive of Swiss cement maker Holcim Group, about the company's plans to go green. Plus, a study in the US has shown that employees now take fewer sick days since the pandemic forced people to work at home. We speak to Erica Pandy, business reporter at Axios, about the results of the report. Sasha Twining is joined throughout the programme by Jasper Kim, professor at Ewha University in Seoul, and by Erin Delmore, political reporter in New York. (Picture: Joe Biden. Credit: Getty Images)
At the end of the first week of climate negotiations in Glasgow we take stock of progress. Claire Shakya is director of climate change at the International Institute of Environment and Development, and discusses the commitments made to find funds to help developing economies tackle climate change. Also in the programme, the US economy added 531,000 jobs in October, beating analysts expectations. The BBC's Michelle Fleury talks us through the latest data. We have a report from Stoke-on-Trent in central England about reported taxi driver shortages, after the organisation representing the industry in the UK said more than half of the country's licensed drivers have not returned to the trade since the pandemic. Plus, the Swedish pop group Abba has released its first album in 40 years, and BBC music reporter Steve Holden tells us why the band has come back together again now. Presenter: Lucy Burton Producer: Philippa Goodrich and Russell Newlove
President Biden has set a mandate which says workers at firms with more than 100 employees must be double vaccinated by 4th January. We get reaction from our reporter Michelle Fleury in New York. AirBnB and Uber publish their quarterly earnings. We hear from Peter Jankovskis of Arbor Financial Services on both sets of results, plus how the markets have settled after interest rates remained unchanged. Plus, we hear from Jen Jenisch, chief executive of Swiss cement maker Holcim Group, about the company's plans to go green.
Social media services Facebook, WhatsApp and Instagram appear to be recovering after an outage that lasted almost six hours. All three services are owned by Facebook and could not be accessed over the web or on smartphone apps; we get details from the BBC's James Clayton. Also in the programme, a data leak, named the Pandora Papers, has shone a light on the previously secret financial affairs of the world's rich and powerful; we get global reaction to the revelations. Plus, the head of Airbus has told the BBC that the aerospace business is now also experiencing significant problems with its supply chains, which will inevitably lead to higher prices. We get the details from the BBC's Michelle Fleury. And workers in Hollywood could go on strike, bringing movie production to a halt. Members of the International Association of Theatrical Stage Employees voted overwhelmingly to approve a strike over pay and conditions, as we hear from Gene Maddaus, a senior writer for Variety. Plus, we're joined throughout the programme by Peter Morici, Professor Emeritus of International Business at the University of Maryland and in Delhi, Jyoti Malhotra, National & Strategic Affairs Editor at The Print newspaper. (Picture: A Facebook logo on a smartphone. Picture credit: Reuters.)
The US Senate has approved spending plans to avoid a government shutdown. We get an update from the BBC's Michelle Fleury in New York. At the same time, Democratic leaders are also trying to reach an agreement over a multi-trillion dollar spending programme. The BBC's Rob Young examines the background to the current impasse. Also in the programme, at the start of the coronavirus pandemic, German company CureVac was thought by many to be one of the best prospects to develop a Covid-19 vaccine. The company's chief executive Franz Haas explains why their vaccine candidate was not as effective as had been hoped, and how the firm hopes to move forward with a second generation vaccine for the disease. And as Thailand eases Covid-related restrictions for visitors, we hear from our correspondent Jonathan Head in Bangkok how the country needs to revive its tourism industry. Rahul Tandon is joined throughout the programme by Tribune columnist Sushma Ramachandran in Delhi and by Paddy Hirsch, contributing editor at NPR in LA. (Picture: The US Capitol building. Picture credit: Getty Images)
The US Senate has approved spending plans to avoid a government shutdown. We get an update from the BBC's Michelle Fleury in New York. And Cary Leahey of Decision Economics in New York tells us how investors have reacted.
Travellers will be admitted into the US from November, subject to testing and contact tracing. The announcement comes after a year of tough restrictions. We speak to Todd Knoop, professor of business and economics at Cornell College in Iowa, about the significance of the change. The Dow Jones index fell 1.7% on Monday over fears that the Chinese property developer Evergrande is struggling to repay its debts, which could impact big banks. Our correspondent Michelle Fleury explains the story. More and more countries are abolishing the death penalty. In the US, President Biden has promised to pass legislation at a federal level to eliminate it. Those campaigning for its abolition have found an ally in the business community. We speak to Celia Ouellette, CEO of the Responsible Business Initiative for Justice, and Jason Flom, CEO of Lava Records, who has long campaigned for the wrongfully convicted. Jamie Robertson is joined throughout the programme by Michelle Jamrisko, senior Asia economy reporter at Bloomberg in Singapore, and by Peter Morici, economist at the University of Maryland, who's in Washington DC. (Picture: Passengers walk past a picture of Mickey Mouse. Credit: Getty Images)
The Dow Jones index fell 1.7% on Monday over fears that the Chinese property developer Evergrande is struggling to repay its debts, which could impact big banks. Our correspondent Michelle Fleury explains the story.
Human activity is changing the climate in irreversible ways, a major UN scientific report has said. Nick Molho, executive director of the climate-minded business alliance the Aldersgate Group, explains how deep supply-chain changes need to go to reverse the effect. Also in the programme, tobacco giant Philip Morris has raised its bid to buy respiratory drugmaker Vectura to more than $1bn. Michelle Fleury in New York explains why they are so keen to purchase the niche company. In France, the so-called Health Pass - a digital certificate showing that the holder has had at least one jab of a Covid vaccine, a negative test, or has had the virus, is being extended to bars, cafes and restaurants. We speak to Emma Pearson, editor of The Local France. And staff at Ocado Group, the tech firm behind the online grocer, can now work abroad remotely for one month a year. We'll ask our guests Peter Morici, an economist at the University of Maryland, and Catherine Yeung from Fidelity in Hong Kong, where they would go if they could work anywhere. (Picture: A huge cloud of fire smoke covering Athens. Picture credit: Getty Images)
Tobacco giant Philip Morris has raised its bid to buy respiratory drugmaker Vectura to more than $1bn. Michelle Fleury in New York explains why they are so keen to purchase the niche company. Also in the programme, economist Peter Jankovskis explains the latest US jobs report.
The rise in job creation saw the unemployment rate in the United States fall by half a percentage point to 5.4%. We'll hear from the BBC's New York business correspondent, Michelle Fleury, about where the gains were made and how the Federal Reserve might manage America's economic growth. Also on the programme; from the US to Italy, vaccine passports are increasingly becoming part of our daily lives we'll ask how they're affecting businesses. Plus, the creators of the South Park cartoon series have signed a $900m deal with US media giant ViacomCBS, Lucas Shaw an entertainment reporter for Bloomberg explains what's behind the agreement. Joining us throughout the programme is Sarah Knight from ABC Perth in Australia. (Picture: A worker supervising a production line. Credit: Science Photo Library.)
The rise in job creation saw the unemployment rate in the United States fall by half a percentage point to 5.4%. We'll hear from the BBC's New York business correspondent, Michelle Fleury, about where the gains were made and how the Federal Reserve might manage America's economic growth. Plus, Chris Low from FHN Financial explores how the markets reacted to the bumper results.
US President Joe Biden has unveiled a $6 trillion budget plan. The BBC's North America business correspondent Michelle Fleury explains what he wants to spend it on, and how he going to pay for it. Police trying to halt illegal mining in Brazil's Amazon have allegedly been attacked by miners – who then went on to set indigenous homes on fire. We get the latest from of Ana Carolina Alfinito Vieira of Amazon Watch Brazil. Also in the programme, we have an in depth report on a water dispute between Ethiopia and its neighbours over a huge hydro-electric dam it is building on the Nile. Plus, a new app called Bugs Matter, launched in the UK by charity Buglife, is trying to get a picture of insects' prevalence by asking people to count the number of dead ones they find on their car after a journey. We hear from Buglife director Paul Hetherington. All this and more discussed with our guest throughout the show, Sharon Bretkelly, co-host of Newsroom's daily podcast, The Detail, who's in Auckland, New Zealand. (Picture: US President Joe Biden outside the White House. Credit: Getty Images.)
US President Joe Biden has unveiled a $6 trillion budget plan. The BBC's North America business correspondent Michelle Fleury explains what he wants to spend it on, and how he going to pay for it. Plus we find out if there's been any market reaction and the rest of the day's news on Wall Street from Chris Low of FHN Financial in New York.
British tourists have taken advantage of the easing of lockdown rules on overseas travel. Holidaymakers can now travel to 12 countries and territories without having to quarantine on return, and Paul Dales, chief UK economist at Capital Economics explains the likely economic implications of restrictions being lifted. Also in the programme, the BBC's Michelle Fleury in New York tells us why US telecoms giant AT&T has agreed to combine its WarnerMedia business with Discovery, in a deal to create a new streaming giant. Plus, the BBC's Justin Rowlatt finds out why a much heralded self-driving car revolution has not yet arrived.
US Treasury Secretary Janet Yellen has called for a minimum rate of corporation tax around the world; the BBC's Michelle Fleury explains what the Biden administration is hoping to achieve. Also in the programme, as Senate Minority leader Mitch McConnell hits out at companies protesting against Georgia's new election law, Professor of Law Ciara Torres-Spelliscy discusses what influence corporations can have. Plus, the BBC's Theo Leggett has been speaking to whistleblowers about their careers after exposing wrongdoing. And we hear about the controversy surrounding a new art gallery in Hong Kong. Our guests throughout the hour are Professor Peter Morici, an economist at the University of Maryland and former Hong Kong government official Rachel Cartland of Cartland Consulting. (Picture: U.S. Treasury Secretary Janet Yellen / Credit: Reuters)
US Treasury Secretary Janet Yellen has called for a minimum rate of corporation tax around the world - The BBC's Michelle Fleury explains what the Biden administration is hoping to achieve. Also in the programme - as Senate Minority leader Mitch McConnell hits out at companies protesting against Georgia's new election law, Professor of Law Ciara Torres-Spelliscy discusses what impact corporations can have
With Joe Biden's $1.9tn stimulus package signed into law, we consider its economic impact. Actor Corey Mach talks us through his experience of the pandemic and what sort of difference the new law will make to him. And the BBC's Michelle Fleury explains what the American Rescue Plan is designed to achieve. Also in the programme, the BBC's Elizabeth Hotson examines the business opportunities that have emerged for those seeking to make the most of people being stuck at home and bored during the lockdowns of the past year. Plus, our regular workplace commentator, Stephanie Hare, explores how when faced with a workplace obstacle, a good pep talk can sometimes help us to move forwards.
The US economy added 380,000 jobs in February, well ahead of economists' expectations, but millions remain out of work because of the virus. We'll get reaction to the latest figures - as well as a report from the BBC's Michelle Fleury on how women have been particularly badly hit in the jobs market during the pandemic. And Marketplace's Kai Ryssdal speaks to the owner of a beauty bar whose microbusiness has struggled in the pandemic. Throughout the week we've been examining the impact of the pandemic on workers' mental health, and today the BBC's Szu Ping Chan reports on what makes for a happy and satisfying career. We also have a look at the Australian reaction to Italy blocking its order of the AstraZeneca vaccine from leaving the EU. Plus, the US band Kings of Leon is releasing its latest album today, but it has also chosen to issue it as a tradeable digital token, which is being described as a bit like the digital currency Bitcoin. Alex Hern is technology editor of The Guardian, and dicusses whether this marks a genuine breakthrough in how artists can earn money, or just a triumph of marketing to get people talking about the new release. Joining the BBC's Rahul Tandon is journalist Karen Percy from Melbourne, Australia (Picture: A person walks past a closed tourism near Times Square in New York, New York, USA. Picture Credit: EPA)
The US economy added 380,000 jobs in February, well ahead of economists' expectations but millions remain out of work because of the virus. We hear how the US markets reacted - as well as a report from the BBC's Michelle Fleury on how women have been particuarly badly hit in the jobs market during the pandemic.
The Japanese brewer has terminated the partnership following Monday's military coup. We get the perspective of Mark Farmaner, director of Burma Campaign UK, which promotes human rights in the country. And Vasuki Shastry, associate fellow of the Asia-Pacific programme at the research group Chatham House, tells us what wider impact the move is likely to have. Rupert Murdoch will launch a news streaming service in the UK in the spring. We speak to James Warrington of the City AM newspaper about what the channel will offer. The US House of Representatives has voted in favour of President Biden's coronavirus relief plan. We get the latest from the BBC's Michelle Fleury in New York. Vishala Sri-Pathma is joined throughout the programme by Sarah Knight of ABC News in Perth, Australia. (Picture: A Myanmar woman holds a placard against the military coup. Credit: Getty Images)
Amazon founder, Jeff Bezos, is to step down as Chief Executive of the e-commerce giant that he started in his garage nearly 30 years ago. He will become executive chairman, a move he said would give him "time and energy" to focus on his other ventures; our New York business correspondent Michelle Fleury brings us the latest. Plus, Caroline Lucas, the UK's only Green Party MP gives her take on the theory of Natural Capital, which explores the idea of putting a price on natural resources. BBC technology reporter Zoe Kleinman tells us whether as we are travelling less and staying home during the pandemic, we are giving more data away to big technology firms. And in 2014, Nigeria’s Supreme Court ruled that female children are equally entitled as their male siblings to inherit their father's estate but some families and communities backed by traditional rulers, say the ruling doesn’t change anything, and insist that women can’t inherit things like land or the family home; Olivia Ndubuisi reports from South East Nigeria. The Sundance Film Festival takes place every January near Salt Lake City in the US and is the largest independent film festival in the country but this year it's all been done virtually. As Tom Brook reports, the pandemic looms large in the films and the stories they tell. And we're joined throughout the programme by Simon Littlewood, founder and President of ACGrowth Delivered in Singapore, and in Vancouver, the multimedia journalist Hayley Woodin. (Picture of Jeff Bezos by Mandel Ngan via Getty Images).
On Joe Biden's first full day as US president, we discuss his top economic priorities. Jason Furman is a Harvard economist who served as chair of the Council of Economic Advisors under President Obama, and Casey Mulligan is an economist at the University of Chicago who served as chief economist of the Council of Economic Advisors under President Trump. And the BBC's Michelle Fleury reports on whether Joe Biden is likely to be able to achieve his ambitions for improving America's infrastructure, such as airports, roads and bridges. Also in the programme, a recent UK survey revealed up to 40% of people working from home during lockdowns have done so from the comfort of their beds. We find out more from Guardian journalist Zoe Williams. Plus, search engine Google has agreed a payment structure with France's publishers for their news content. Paris-based columnist for the Daily Telegraph newspaper Anne-Elisabeth Moutet explains the significance of the deal.
On Joe Biden's first full day as US president, we discuss his top economic priorities. Jason Furman is a Harvard economist who served as chair of the Council of Economic Advisors under President Obama, and Casey Mulligan is an economist at the University of Chicago who served as chief economist of the Council of Economic Advisors under President Trump. And the BBC's Michelle Fleury reports on whether Joe Biden is likely to be able to achieve his ambitions for improving America's infrastructure, such as airports, roads and bridges. Also in the programme, a recent UK survey revealed up to 40% of people working from home during lockdowns have done so from the comfort of their beds. We find out more from Guardian journalist Zoe Williams. Plus, search engine Google has agreed a payment structure with France's publishers for their news content. Paris-based columnist for the Daily Telegraph newspaper Anne-Elisabeth Moutet explains the significance of the deal.
House Democrats are preparing articles to accuse President Trump of 'inciting insurrection' as they attempt a second impeachment process as the clean-up continues at Capitol Hill, and the President takes to twitter to announce he's shunning Joe Biden's inauguration. We hear from the BBC's Michelle Fleury, Marketplace's Kai Ryssdal and Chris Low from FHN Financial.
Democrats have called on the Cabinet to remove the President from office. They want Vice President Mike Pence to invoke the 25th amendment to the US Constitution, certifying the president as unfit to hold office. If he doesn't, they said Congress should move quickly to expel Mr Trump through the impeachment process; we hear from the BBC's Michelle Fleury. Plus, we hear from Steve Lamar, president of the American Apparel & Footwear Association, which represents some of the world's biggest clothes and shoe brands. And social media companies remain under the spotlight over their role in Wednesday’s events. Facebook has blocked Donald Trump from using his account on the platform for at least two weeks, we get analysis from Russell Brandom, policy editor at tech website, The Verge. The US aircraft maker Boeing will pay over $2.5 billion to resolve an investigation by the US Justice Department into two deadly crashes of the company's 737 Max aircraft; Cary Leahey from Decision Economics gives us the details. And the BBC's Ed Butler looks into the future of shopping.
President-elect Biden has delivered his first address to the American people. In his Thanksgiving speech, he urged the nation to recommit to the fight against Coronavirus. The holiday marks the start of the festive shopping season with Black Friday kicking everything off.The BBC's Michelle Fleury in New York reports on how the pandemic is impacting plans for Black Friday in 2020. Also in the programme, the French government is hoping to bolster its budget in the year ahead with proceeds of a tax levied on the profits mainly of Silicon Valley giants like Facebook and Amazon. Victor Mallett, Paris bureau chief for the Financial Times, tells us French tax authorities are now demanding millions of euros in payment for this year, after talks on an alternative framework stalled. Plus, with three new coronavirus vaccines that are now known to work, the BBC's Ed Butler has been finding out about the immense challenge of delivering the vaccines where needed, especially in the developing world.And, football legend Diego Maradona, one of the greatest players of all time, has died at the age of 60. We hear from Jimmy Burns the author of Hand of God, the footballer's biography. (Image credit: Mark Makela / Getty )
Retailers around the world are preparing for one of the biggest shopping days each year. The BBC's Michelle Fleury in New York reports on how the pandemic is impacting plans for Black Friday in 2020. And we get further analysis from Ivan Mazour, who is a retail consultant and chief executive of Ometria, which works with 175 retailers from offices in New York and London. Also in the programme, the French government is hoping to bolster its budget in the year ahead with proceeds of a tax levied on the profits mainly of Silicon Valley giants like Facebook and Amazon. Victor Mallett, Paris bureau chief for the Financial Times, tells us French tax authorities are now demanding millions of euros in payment for this year, after talks on an alternative framework stalled. Plus, with three new coronavirus vaccines that are now known to work, the BBC's Ed Butler has been finding out about the immense challenge of delivering the vaccines where needed, especially in the developing world. (Picture: A Black Friday window display. Picture credit: Getty Images.)
Fifteen countries have been negotiating the deal for nearly a decade. They include the ten countries that make up the Association of Southeast Asian Nations (Asean) plus China, Japan, South Korea, Australia and New Zealand. Parag Khanna, author of The Future is Asian, tells us about the significance of the agreement. The BBC's Michelle Fleury brings us the latest from New York where further coronavirus restrictions are due to come into force. She also gives us reaction after President Trump's press conference earlier. Plus, to mark World Kindness Day we hear from Kelly Allison, the founder of Corporate Kindness, about how she chose people over profit in her own business and now helps other companies to do the same. Sasha Twining is joined throughout the programme by Sinead Mangan, journalist for ABC News in Australia in Perth. (Picture: Vietnam's Prime Minister Nguyen Xuan Phuc at the virtual Asean conference. Picture: Getty Images)
As the US election nears its end point, we speak to the BBC's Michelle Fleury in Pennsylvania and Chris Low from FHN Financial in New York.
Democratic challenger Joe Biden says it is clear he is winning enough states to take the US presidency, despite key results still outstanding. We get the latest from the BBC's Michelle Fleury in Pennsylvania, one of the decisive states still counting votes. We examine how diversity of Hispanic groups in Florida, voted and how this influenced Trump's winning of the state in this election. Will President Trump soften his stance towards China if he is re-elected? And how might relations with Sino-US relations change with Biden in the White House? We ask Stephen Vaughn, General Counsel for the Office of the United States Trade Representative under Donald Trump until 2019. All this and more discussed with our guests throughout the show. Nicole Childers, executive producer of Marketplace Morning Report in Los Angles, Tony Nash, founder of Complete Intelligence, in Austin Texas and Samson Ellis, Bloomberg's Taipei bureau chief. (Picture: Joe Biden, joined Kamala Harris, speaking one day after Americans voted in the presidential election. Credit: Getty Images.)
Travel firms are disrupted after the UK reimposed a quarantine on travellers from Spain. Patrick Torrent is the executive director of the Catalonia Tourist Board, and tells us he thinks the British quarantine decision is unfair. Also in the programme, millions of Americans could see a dramatic cut to their unemployment benefits if the federal government doesn’t act in the next few days. The US CARES Act, whch was signed in March, gave out of work Americans an extra US $600 a week, and the BBC’s Michelle Fleury reports on the likelihood of something emerging to replace it. Meanwhile, many are worried that in the aftermath of the pandemic, their job may not exist. The BBC’s Manuela Saragosa looks to Denmark to find out if the country has a solution for those out of work that may be relevant elsewhere. Plus, a new report argues that the under-representation of women in executive roles could make firms less profitable. Lorna Fitzsimons, co-founder of The Pipeline, which carried out the research, explains why.
South Africa has reintroduced some restrictions as coronavirus cases continue to rise. The BBC's Matthew Davies discusses the health impact of the pandemic so far. With a ban on the sale of alcohol up and running again, Wendy Pienaar, chair of the industry organisation the Craft Brewers Association of South Africa tells us about the severe toll the restrictions have had on the beer and wine sector. And we get reaction to the latest changes from John Steenhuisen, leader of the official opposition Democratic Alliance in South Africa’s parliament. Also in the programme, the BBC's Michelle Fleury reports from the US on how some community banks in the country have stepped in to help struggling businesses with loans, where bigger banks have been slower to act. Plus our regular workplace commentator Peter Morgan considers the concerns of those working in the service sector about the future of tips, given that in the drive to reduce the spread of coronavirus, payments in cash are being discouraged, or even in many places banned outright.
In Mexico the government is re-opening the economy despite an increase in the number of people dying with coronavirus. The overall Covid-19 death toll stands at 11,729. This week Mexico allowed its car industry to restart, partly after pressure from the United States. Plus, many big American companies have expressed support for the demonstrations which followed the death of George Floyd after his arrest in Minnesota. The BBC’s Michelle Fleury reports on accusations of hypocrisy levelled against some of the firms, because of how few black people they employ in senior positions. Also in the programme, we have an in-depth report on the challenges faced by India’s Bollywood movie sector, in recovering from estimated losses of $400m from the coronavirus crisis. And - HSBC and Standard Chartered banks have backed China’s new security laws for Hong Kong. We get wider perspective from Ka-Wing Kwok, chairman of the Hong Kong Finance General Employee Union, which represents bank workers in the territory. PHOTO: Mexican people wearing masks/EPA
HSBC and Standard Chartered banks have backed China’s new security laws for Hong Kong. The BBC’s Andrew Wood in Hong Kong tells us why the banks have made the move, given opponents say the new law will drastically curtail the territory’s freedoms. And we get wider perspective from Ka-Wing Kwok, chairman of the Hong Kong Finance General Employee Union, which represents bank workers in the territory. Also in the programme, many big American companies have expressed support for the demonstrations which followed the death of George Floyd after his arrest in Minnesota. The BBC’s Michelle Fleury reports on accusations of hypocrisy levelled against some of the firms, because of how few black people they employ in senior positions. Plus, we have an in-depth report from the BBC’s Rahul Tandon on the challenges faced by India’s Bollywood movie sector, in recovering from estimated losses of $400m from the coronavirus crisis.
Demonstrators were still outside the White House this evening, breaking a 7pm curfew. Meanwhile protests have begun in other cities around the world, including Amsterdam, Perth in Australia and Lyon in France. Many famous figures from the music and entertainment worlds are also speaking out in support of the Black Lives Matter movement. We'll discuss the latest from the US, as well as the ongoing tensions in Hong Kong. First quarter profits at the video conferencing company Zoom were up 169% as the number of its subscribing customers more than tripled. We hear from our North America business correspondent Michelle Fleury on the story. And The Royal Shakespeare Company has postponed its summer season of events and plays due to the coronavirus. Executive director Catherine Mallyon tells us how the decision will impact its theatres and staff. Jamie Robertson is joined throughout the programme by Nicole Childers, executive producer of Marketplace Morning Report in Los Angeles, and Enda Curran, chief Asia economics correspondent at Bloomberg News in Hong Kong. (Picture: Demonstrators in front of the White House. Credit: AFP)
The online retail giant has announced that it will split its long-anticipated new headquarters between Long Island City In New York City, and Arlington, Virginia. Some 238 cities across North America had competed for the role. But many residents at the lucky winners are angry about the billions of dollars in alleged "corporate welfare" offered by their city authorities to lure Amazon in. Winner's curse?Michelle Fleury meets the protestors in Long Island City, while Edwin Lane speaks to urban studies theorist Richard Florida, Seattle-based professor of public policy Jake Vigdor, and to Vinous Ali of the British tech industry body TechUK.(Picture: Boxes with the Amazon logo turned into a frown face are stacked up after a protest against Amazon in Long Island City; Credit: Drew Angerer/Getty Images)
President Trump has renewed his verbal pressure on North Korea, warning Pyongyang not to take military action against the US or its allies. Mr Trump said he hoped the North's leader understood the gravity of the situation. World leaders have expressed concern at the war of words over Pyongyang's nuclear weapons programme. Vincent Ni, Senior Producer, BBC Chinese Service talks about how many people use services and social media platforms like Weibo, WeChat and Baidu Tieba in China. They are currently investigation for alleged violations of cyber security laws and said people had been using the platforms to spread terrorism-related material, rumours and obscenities. The breaches "jeopardised national security," the administration said. Michelle Fleury reports from New York about the growing premium market, as parents spend to make sure they have the very best products for their children. In the US, women are waiting longer to have children which, sometimes, means they have more disposable income.
Michelle Fleury and Ben Crighton travel from Louisville in Kentucky to New York on the East Coast. Along the way they speak to miners, environmentalists, food bank volunteers, drug addicts and former school students about President Obama's legacy. Although the economy seems to have recovered from the global financial crisis, they encounter anger and disillusionment, and find that much of the optimism that swept Obama into office in 2008 has been replaced by division in Washington and across the country.In the weeks before the 2008 US election, the BBC drove a bus coast to coast across the US asking people about their lives and their hopes and fears for the future. In the four-part series America Revisited we meet some of those same people again to find out why the country seems more divided than ever.Picture: Billy and Doug are retired miners who are worried about their pensions, Credit: BBC
Michelle Fleury and Ben Crighton travel from Louisville in Kentucky to New York on the East Coast. Along the way they speak to miners, environmentalists, food bank volunteers, drug addicts and former school students about President Obama's legacy. Although the economy seems to have recovered from the global financial crisis, they encounter anger and disillusionment, and find that much of the optimism that swept Obama into office in 2008 has been replaced by division in Washington and across the country. In the weeks before the 2008 US election, the BBC drove a bus coast to coast across the US asking people about their lives and their hopes and fears for the future. In the four-part series America Revisited we meet some of those same people again to find out why the country seems more divided than ever.