Synopsis
The daily drama of money and work from the BBC.
Episodes
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Can technology deliver in African skies?
07/04/2020 Duration: 18minKatie Prescott reports from Rwanda, where technology is central to the government’s economic plans. Katie sees the challenge of a sparse road network, and at the border with the Democratic Republic of Congo hears how technology might be able to cut waiting times for vital medicines and medical tests, at the first ever Lake Kivu Challenge. Katie hears from Temie Giwa-Tubosun, CEO of Nigerian company Lifebank, which delivers critical medical supplies such as blood across Africa, by road, boat and now air. Temie explains why the challenge of infrastructure costs lives, and how technology could help. At the inaugural African Drone Forum in Rwanda’s capital Kigali, Katie speaks to technology enthusiasts and those who caution whether Africa is ready. Katie hears from the World Bank’s Edward Anderson, from Wingcopter’s Selina Herzog, and from Uhurulabs’ Freddie Umbuya.Producer: Sarah Treanor(Picture: Temie Giwa Tubason. Picture credit: Lifebank.)
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Who will foot the coronavirus bill?
06/04/2020 Duration: 17minGovernments are throwing trillions of dollars at rescuing their economies from the Covid-19 pandemic, but how can they afford it all, and whatever happened to austerity?How much debt are governments running up? How much will markets be willing to lend? Can central banks help with the financing without risking their independence or undermining confidence in the currency? Who will ultimately repay the debts? And having made such huge interventions to contain the virus, will governments continue to play a much bigger role in running the economy in the future?Manuela Saragosa follows the money with the help of the BBC's global trade correspondent Dharshini David, and economist and former UK Treasury official Richard Hughes of the Resolution Foundation think tank.(Picture: Benjamin Franklin on the 100 dollar bill wears a face mask against Covid-19 infection; Credit: Diy13/Getty Images)
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Coronavirus pushes Europe to the edge
03/04/2020 Duration: 18minAs the deaths and economic damage from Covid-19 continue to rise, Italians are asking why the EU is doing so little to help in their time of need.The pandemic is reinfecting old wounds in the EU, reopening the divide between the wealthy north and the heavily indebted south. In Italy angry citizens have taken to burning the EU flag in viral YouTube clips (pictured). There are calls for "coronabonds" to finance a rescue package for the hardest hit nations, but Germany and the Netherlands remain reticent.Business Daily's Manuela Saragosa - herself half-Italian, half-Dutch - asks journalist Antonello Guerrera of Italian newspaper La Repubblica, whether the country could turn its back on Europe. Dutch political economist Jerome Roos of the London School of Economics says the EU's future is at stake. We ask Clemens Fuest of the IFO German economics think tank whether Chancellor Angela Merkel is prepared to make an act of historic European solidarity.Producer: Laurence Knight
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Will there be a vaccine?
02/04/2020 Duration: 18minA vaccine is the magic bullet that would end the coronavirus pandemic, but how many months will it take to find, and will it be available to all?Justin Rowlatt speaks to a pioneering researcher of coronaviruses - not just the one behind the current Covid-19 outbreak. Susan Weiss of Pennsylvania University says the fact it was such a neglected area was one of the things that first attracted her to study these microbes. Today we know much more, but still not enough about how to inoculate against it, according to Leeds University virologist Stephen Griffin. But with dozens of medical companies now racing to find a cure, the big question is whether governments will make it available to everyone who needs it on the planet - the only certain way to defeat the pandemic - and who will pay for it? Healthcare venture capitalist Peter Kolchinsky is positive that when a vaccine is found, the businesspeople behind it will do the right thing.Producer: Laurence Knight(Picture: A researcher in Brazil works on virus replicati
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Coronavirus: The race to find a treatment
01/04/2020 Duration: 18minResearchers at universities and pharmaceutical companies are rushing to identify drugs that might help cut the number of deaths from Covid-19 and take the strain of hospitals.Justin Rowlatt speaks to Richard Marsden, the chief executive of one such company, Synairgen. He hopes that a medicine his company originally developed to help asthma and flu sufferers could also now be put to use in alleviating the lung infections of Covid-19 patients.Meanwhile virologist Stephen Griffin of Leeds University in the UK explains the three main ways in which existing drugs might be used to attack the virus. Plus Theodora Bloom of the British Medical Journal tells Justin about her night job at the online research sharing server MedRxiv, which has played a central role in helping researchers get immediate access to each other's work, accelerating their response to the pandemic.Producer: Laurence Knight(Picture: Medical worker wearing protective gear treats a patient infected with the Covid-19 at the intensive care unit in Pra
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Coronavirus in confinement
31/03/2020 Duration: 18minWhile much of the world is trying to practice social distance, people in confinement have little option to do so. We take a look at the famously overcrowded prisons in Uganda. Doreen Namyalo Kyazze, Africa Programme Manager at Penal Reform International, says the Uganda prison service are not doing anything to contain the virus while a spokesperson for the service says they’re doing all they can. There’s also the tens of millions of refugees and displaced people around the world, many in confinement. Dr. Siyana Mahroof-Shaffi is a healthcare practitioner working in the Moria detention centre on the Greek island of Lesbos. She says the consequences of an outbreak in the camp are unimaginable. And Dr. Josiah Rich, professor of epidemiology at Brown University and prison physician, explains why those who think we don’t need to worry about prisoners are wrong. Producer: Frey Lindsay. (Picture: a group of asylum seekers at the Moria detention centre. Picture credit: Getty images.)
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Coronavirus: Preppers and the Pandemic
30/03/2020 Duration: 17minThey’ve been preparing for the worst for decades, but are survivalists, or “preppers,” really ready for the coronavirus outbreak? Ron Hubbard, owner of Atlas Survival Shelters, is banking on it as he sells survival shelters which he says are more in demand than ever. But writer Mark O’Connell, author of the upcoming “Notes from an Apocalypse” is not so certain the preppers have it right. And Beth Healey, a British medical doctor who spent a year at Concordia Station in Antarctica, has some insight into the psychological effect radical self-isolation can have.Producer: Benjie Guy
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Giving care in crisis
27/03/2020 Duration: 18minAs the coronavirus outbreak worsens in many areas, the mental health of those providing frontline care is under strain. We’ll hear from one care worker in Spain afraid of passing the virus to her family, as well as health care workers around the world who are scared. Laura Hawryluck, associate professor at the Toronto Western Hospital Critical Care Response team in Canada, tells us what the SARS outbreak can teach us about the experience and resilience of care workers and Dr Alys Cole-King, Consultant Liaison Psychiatrist Betsi Cadwaladr Health Board in Wales, UK, explains what advice there is for those who have to get up and go to work every day.If you are depressed and need to ask for help, there's advice on who to contact at BBC Action Line.Outside of the UK, visit Befrienders International for more information about support services.Producers: Vivienne Nunis, Frey Lindsay(Picture: Health care workers speak with an elderly woman in Ontario, Canada. Picture credit: Getty Images)
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The cost of lockdown in the developing world
26/03/2020 Duration: 17minIndia has been put in lockdown to halt the spread of the coronavirus outbreak. Already the growing restrictions have caused turmoil in India's big cities. Hundreds of thousands of migrant wage labourers have suddenly found themselves jobless. Jayati Ghosh, professor of economics at the Jawaharlal Nehru University, says there is a critical lack of planning for the hundreds of millions of people who are near the breadline. Meanwhile, poor countries around the world are seeing their citizens suffer under restrictions. So is the price of lockdown in the poor world just too high? American political scientist Ian Bremmer thinks it's a question we need to take seriously.Producer: Frey Lindsay. (Picture:Mumbai Police checking ID card during restrictions on citizens' movement. Picture credit: Getty Images.)
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Are there exit strategies for coronavirus?
25/03/2020 Duration: 17minAs many countries and cities around the western world go into lockdown, China is beginning to ease restrictions, claiming several days with no new domestic cases of coronavirus. But people have their doubts whether this is true, as the BBC’s Kerry Allen explains. Meanwhile, president Trump wants to ease restrictions as well, hoping for an Easter end date to the lockdown. Dr. Susy Hota, Medical Director of Infection Prevention and Control at the University Health Network in Toronto, explains why it might not pan out that way. But are we looking for exits too early? Ian Bremmer, president of the Eurasia Group, has an ear to the conflicting priorities governments are dealing with.(Picture: Passengers reappear at Wuhan Railway Station on March 24, 2020. Picture credit: Getty Images)
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The working from home challenge
24/03/2020 Duration: 17minSnapshots of working from home across the world, as the coronavirus outbreak increases in intensity. From Kaitlin Funaro in LA to Katy Watson in Brazil and Kinjal Pandya in New Delhi: how is the global workforce coping with enforced home working? And is working from home even possible when there are bored children running around?
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Do we have the right data on coronavirus?
23/03/2020 Duration: 17minAs we face an economic collapse caused by the global coronavirus outbreak, data becomes more valuable than ever. John Ioannidis, Stanford professor of epidemiology, worries about our lack of hard data about the disease, while Nobel Prize-winning biophysicist Michael Levitt says he may have spotted a ray of hope in all the noise. And economist Vicky Pryce joins the programme live to discuss economic responses to the crisis.(Picture:The Diamond Princess cruise ship. Picture credit: Getty images)
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Life under lockdown
20/03/2020 Duration: 17minWhat is life like under lockdown in some of the world’s poorest cities? We hear from Nairobi and Manila, two cities facing tough measures to combat Covid-19. But is the cure worse than the disease? We’ll also hear from Mohammed El-Erian, chief economic adviser at Allianz, who is concerned about the impact on the streets if the whole economy freezes up.Producer: Frey Lindsay(Picture: A worker sprays disinfectant to curb the spread of COVID-19 in a residential area on March 19, 2020 in San Juan, Metro Manila, Philippines. Picture credit: Ezra Acayan/Getty Images)
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Coronavirus: Where's the joined-up thinking?
19/03/2020 Duration: 18minWhat can be learned from East Asia's response to Covid-19, and from West Africa's Ebola epidemic? And why hasn't there been a unifed global response to the pandemic?Manuela Saragosa speaks to Francois Balloux, professor of computational biology at University College London, about the difficult options facing the world as we seek to manage coronavirus over the next year or two without crushing the global economy. But what lessons are there from the 2014-16 Ebola outbreak in West Africa for the likely long-term impact of the pandemic? Mykay Kamara, chief executive of workplace wellness platform Welbot, was in Sierra Leone during the epidemic and helped recruit medical staff to the region.Producers: Laurence Knight, Frey Lindsay(Photo: A worker fixes a WHO coronavirus prevention poster to a billboard in Mumbai, India; Credit: Getty Images)
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Can the private sector help struggling hospitals?
18/03/2020 Duration: 18minHand-gels, face masks, even nasal swabs – as the coronavirus spreads, health services are reporting a growing number of shortages at the moment as supplies and supply chains freeze up. Increasingly governments are calling on private companies and individuals to meet the urgent demand. Chad Butters, founder of the Eight Oaks Farm Distillery in Pennsylvania, has turned his facilities over to producing hand sanitizer for local people in need. Meanwhile Project Open Air is crowdsourcing the design of ventilators and other medical equipment, but Rich Branson, a respiratory therapist and professor at the University of Cincinnati, says we need to take care using such equipment.(Picture: A UK hospital. Picture credit: Getty Images)
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Can airlines survive coronavirus?
17/03/2020 Duration: 18minTravel restrictions and a slump in demand due to the coronavirus have forced airlines to cancel most flights and temporarily reduce staff. Will this mean a permanent end to the low-cost travel that many of us have become used to? Travel expert Simon Calder joins the show to round up the latest industry news and what it means for travellers, while aviation consultant John Strickland explains why the airlines were so vulnerable to begin with. Meanwhile, calls are rising for governments to bail the airline industry out, but finance expert Frances Coppola argues there are many sectors that are just as deserving.(Picture: Plane interior with passengers wearing masks; Credit: Getty Images)
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Coronavirus: Can the risk be contained?
16/03/2020 Duration: 18minThe US has cut interest rates to almost zero and launched a $700bn stimulus programme in a bid to protect the economy from the effect of coronavirus. Ed Butler asks Chris Ralph, chief global strategist at St. James’s Place Wealth, whether anything can prop up the financial markets and minimise the economic impact as the US and Europe go into lockdown, with governments shutting down nightlife and ordering the elderly to stay home.Professor Liam Smeeth, epidemiologist at the London School of Hygiene and Tropical Medicine, talks to us live about how much these measure can help contain the virus. Can we expect the virus to ease off as the northern hemisphere heads towards summer? When and how will the pandemic end? And what is the best strategy to contain or at least limit the pathogen's progress?(Picture: President Trump at a White House press conference on Sunday; Credit: Getty Images)
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Wet markets and the coronavirus
13/03/2020 Duration: 18minWhere the coronavirus came from and why these diseases aren't a one-off. Manuela Saragosa speaks to Dr Juan Lubroth, former chief veterinary officer at the UN's Food and Agricultural Association in Rome, about the risks around so-called 'wet' markets prevalent in East Asia and South East Asia where live animals are sold. Professor Tim Benton, research director of the emerging risks team at the think tank Chatham House tells us why animals are often the source of pathogens that go on to affect humans. Patrick Boyle, a bioengineer with US biotech company Gingko Bioworks, describes the work to develop vaccines. Catherine Rhodes from the Biosecurity Research Initiative at Cambridge University tells us why she's not surprised governments are underprepared for the pandemic.Producer: Laurence Knight(Photo: A wet market in Taipei, Taiwan. Credit: Getty Images)
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The great North Korean crypto hack
12/03/2020 Duration: 18minCrypto-currency and cybercrime have together provided the DPRK with the hard currency it needed to continue with its nuclear weapons programme.Ed Butler speaks to sanctions specialist Nigel Kushner of W Legal about how Bitcoin and the like are used by sanctioned individuals to continue doing business outside the official banking system. In North Korea's case, much of the business involves outright theft - be it the Wannacry ransomware attack, the hacking of the Bangladeshi central bank's accounts, or robbing of various crypto-exchanges in recent years.Priscilla Moriuchi of the internet security firm Recorded Future explains how North Korea built this surprisingly sophisticated cybercrime business, while Jesse Spiro of blockchain analysis firm Chainalysis describes the money laundering schemes the country has employed.Producer: Joshua Thorpe(Picture: North Korea flag button on computer keyboard; Credit: alexsl/Getty Images)
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How to stop coronavirus crashing your economy
11/03/2020 Duration: 18minAs much of Italy goes into self-imposed quarantine, what can the authorities do to stop empty shops and restaurants going bust?It's an urgent question for Marco d'Arrigo, who runs the California Bakery chain in Milan, who has spent his day reassuring nervous staff at their eerily empty branches.Nations facing spiralling coronavirus cases and to need to lock down entire cities, do have macroeconomic tools at their disposal. But in Italy's case, those tools are not entirely in Rome's hands. Ed Butler speaks to Francesco Giavazzi, economics professor at Bocconi University, and to Ferdinando Giugliano, economics columnist for Bloomberg Opinion, both of whom have confined themselves to their Milanese homes.Plus what crisis-management lessons can governments draw from the experience of the US during the 2008 financial crisis? Ed speaks to someone who was at the epicentre - former deputy secretary to the US Treasury Sarah Bloom Raskin.Producer: Laurence Knight(Picture: An Italian State Police officer and a soldier s