Business Daily

Could economy minister Paulo Guedes be the next key ally to abandon embattled President Bolsonaro?A corruption scandal has already seen the popular justice minister walk away. Meanwhile Bolsonaro fired his health minister as he seeks to reverse his own government's lockdown on the economy. With the official number of Covid 19 cases in the country surpassing 100,000, we hear the frustration of a doctor on the frontline.As for the economy minister, the BBC's South America business correspondent Daniel Gallas explains how this proponent of spending cuts and privatisation is coming to terms with a hugely expensive income support programme backed by Bolsonaro. Plus economist Monica de Bolle of the Peterson Institute explains why she fears that despite these measures, her country could be on the verge of a depression.Presenter: Manuela Saragosa Producer: Laurence Knight(Photo: People using protective masks wait in line outside a Caixa Economica Federal bank branch in Sao Goncalo, Brazil, to receive urgent g

New Zealand is seen by many as a great example of surviving coronavirus, but with such a tourism-heavy economy there are concerns a further shock is to come. One idea mooted to help alleviate this is the so-called “trans-Tasman bubble” in which travel restrictions between Australia and New Zealand would be reciprocally lifted, before all the world’s borders open up, to stimulate commerce between the two nations. This programme features Colin Peacock in Wellington, Maggie Fea from Gibson Valley Wines in Queenstown, Veteran New Zealand politician Peter Dunne and Pacific health policy expert Dr. Colin Tukuitonga.(Picture: The Australia and New Zealand flags. Picture credit: Getty Images)

Gabrielle Hamilton used to run the celebrated New York restaurant Prune. Then the coronavirus pandemic hit. After being forced to shut the place that was her life's work, she wonders if there will still be a place for it in the New York of the future.(Picture: Gabrielle Hamilton preparing food in the kitchen of her now closed restaurant Prune; Credit: Eric Wolfinger)

The most compelling reports and interviews from the BBC's business programmes over the past week, examining the huge issues facing policymakers and asking what the future holds for our working lives. This week we ask a big moral question - will the deliberate shutting down of economies in an effort to slow Covid-19 kill more than the virus itself? Or as some have predicted will a recession actually save lives? We have a report from Brazil where conflicting messaging has sown confusion and fear. And we'll hear from small business owners, musicians and even horticulturalists. Presented by Lucy Burton.

Living under lockdown is challenging for everyone, but for hundreds of millions of single parents around the world, it can be a terrifying ordeal. It’s not only emotionally draining, but can also be financially crippling, as Tamasin Ford has been finding out. She speaks to Sarah Cawley who delivers lunches to people who can’t leave their homes; she's from One Parent Family Scotland. We also hear from single mums, Fatia Islam in Paris and New Yorker, Thea Jaffe. Victoria Bensen, CEO of Gingerbread, the charity for single parent families in England and Wales talks about the mental and financial strain on single parents and Neferteri Plessy, founder of the charity Single Moms Planet paints a picture of lockdown in Santa Monica, in the US.Picture of Neferteri Plessy and one of her children, cr Neferteri Plessy.

Governments around the world are planning to roll out contact tracing apps to help contain the spread of coronavirus. But will they work? Ed Butler speaks to BBC technology reporter Chris Fox about the technology that underpins them, and to researcher Natalie Pang from the National University of Singapore about the experience of Singapore's TraceTogether app, launched last month. But conventional human contact tracing has been around for decades. UK contact tracer Karen Buckley describes the challenges of the job, and John Welch from the non-profit Partners in Health describes his experience of contact tracing amid the Ebola outbreak in Africa and argues that apps are no substitute for an army of dedicated human contact tracers.(Photo: A man holds a smartphone showing a contact tracing app launched in Norway this month. Credit: Getty Images)

In today's Business Daily we're asking some awkward, often neglected questions - will the economic recession itself prove more fatal than coronavirus? How do and how should governments put a value on human life? To help answer these questions we speak to Bryce Wilkinson, a senior fellow at the New Zealand Initiative; US science journalist and biostatistician, Lynne Peeples and John Broome, a Professor of Moral Philosophy at Oxford University. (Picture of a wallet via Getty Images).

The World Bank has warned global remittances, which is the money migrant workers send home, will fall by around 20% in 2020 because of coronavirus. The bank predicts this will affect the income of at least tens of millions of families. One such family is that of Smitha in Kerala, whose husband is stuck in Dubai unable to work due to lockdown. But it’s not just about subsistence. Michael Clemens at the Centre for Global Development says remittance flows are a crucial resource for helping families and communities pull themselves out of poverty, and the effects of this sharp fall in remittances will be felt for many years to come. Meanwhile, Yvonne Mhango, Sub-Saharan Africa at Renaissance Capital, explains how the impact felt in Africa will differ across regions. And Michael Kent, CEO of digital payments service Azimo, explains how services like his could fill the gap left by the shuttering of brick and mortar transfer shops. Producer: Frey Lindsay. (Picture: Smitha and her family. Picture credit: Smitha Girish

Coronavirus has derailed the global economy, closing entire business chains across the world. Big companies may have the collateral to withstand the storm, but what about smaller ones? We speak to three business owners to find out. Ramjit Ray in Calcutta in India, Victoria Brockelsby in High Wycombe in the UK and Mustafa Jaffer in Allentown in the US. (Picture description: Coronavirus calculator via Getty Images).

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

A crunch meeting of EU leaders today aims to finally show Italy and others solidarity in the struggle against coronavirus.A plan is gaining momentum for the European Commission to raise a trillion-plus-euro fund to invest in the recovery of the European economy, something that could mark a major step towards federalism if it succeeds, but many fear could trigger the unravelling of the European project if it fails to win approval.Manuela Saragosa, herself half-Dutch and half-Italian, asks whether the plan can bridge the bitter divide between her two parent nations over how to handle the crisis. Dutch economist Esther Rijswijk says the Netherlands won't want to hand over money without conditions attached, but Italian MP Lorenzo Fioramonti says the very word "conditions" has become a taboo in an increasingly angry and euro-sceptical Italy.Meanwhile, one of the plan's co-authors, former Belgian Prime Minister Guy Verhofstadt, explains why he thinks he's come up with a solution that avoids the usual messy EU fudge

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

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

The daily drama of money and work from the BBC.

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

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

Demand for fuel has collapsed amid the coronavirus lockdowns, but the world keeps on pumping more crude and is fast running out of space to store it all.Justin Rowlatt finds that even his local petrol station is struggling, with streets of London - like every other city in the world - largely empty of cars. Alan Gelder of energy consultants Wood Mackenzie describes the lengths to which oil producers are going to stockpile all the unwanted fuel products.Meanwhile Opec and Russia agreed a major cut in production in recent days, but will it be enough to stabilise the market? Or will the Covid-19 pandemic prove the watershed moment in the history of mankind's consumption of oil? Justin speaks to Harvard professor and former US national security advisor Meghan O'Sullivan, and to clean energy consultant Michael Liebreich.Producer: Laurence Knight(Picture: Crude oil spilling out of a drum; Credit: Moussa81/Getty Images)

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

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

In one of the most densely populated areas in the world, the residents of Mumbai’s Dharavi slums have little recourse to practice the social distancing required to avoid coronavirus, as we hear from many residents of Dharavi in their own words, and from Vinod Shetty who runs Acord, a local aid agency. Meanwhile, many people around India are falling through the cracks in the government’s promised food scheme, as Radhika Kapoor from the Indian Council for Research on International Economic Relations explains. And India’s problems might be yours too. Stefan Vogel, international food strategist at Rabobank, describes how the coronavirus hit to India affects global agricultural supply chains. Producer: Frey Lindsay. (Picture: People carrying out food items in Dharavi slum in Mumbai, India. Photo credit: Getty Images)