Synopsis
The daily drama of money and work from the BBC.
Episodes
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Rome: Drowning in rubbish
18/07/2019 Duration: 17minThe Italian capital is in the midst of a waste management crisis as mountains of uncollected rubbish are left to rot on the eternal city's streets. Manuela Saragosa hears from disgruntled residents and the war of words between those who say the blame lies with the anti-establishment mayor, Virginia Raggi of the Five Star Movement party, and the mayor's supporters, who argue Rome's rubbish crisis has its roots in an historically corrupt and inefficient waste disposal system. We hear from Massimiliano Tonelli, founder of the Roma Fa Schifo blog, Marco Cacciatore, the Five Star Movement city council alderman responsible for Rome's waste management, and Mr. Cacciatore's counterpart, Massimiliano Valeriani, at the Lazio regional government. Will Rome's recurring rubbish crisis ever be resolved?(Picture: Waste overflows on the street in the Tor Sapienza neighborhood, on June 30, 2019 in Rome, Italy. Picture credit: Simona Granati - Corbis/Getty Images)
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Why has Italy fallen out of love with the euro?
17/07/2019 Duration: 18minItaly's economy remains in the doldrums, with many Italians blaming the European single currency. Meanwhile the Italian populist government has taken a markedly more friendly line towards Russia, with a scandal brewing about alleged business deals between Moscow and the ruling Lega party.Manuela Saragosa speaks to Alessandra Maiorino, an Italian MP for the Five Star Movement and Lorenzo Codogno, economist with the European Institute at the London School of Economics, about growing anti-European sentiment in Italy. And journalist Stafano Vergine explains why prosecutors are now looking into links between Italy's Lega Nord party and Russia.(Photo: An Italian euro coin; Credit: Getty Images)
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A degree from a screen?
16/07/2019 Duration: 18minAs more of daily life gets taken over by technology, we ask what technology’s place is in the future of education. Pearson, the world's largest education publisher for example has just announced that it plans to phase out physical books, and adopt a "digital first" strategy.So will lectures of the future be conducted purely on a virtual screen, with professors and students interacting digitally across hundreds or even thousands of miles? Ben Nelson, chief executive of the Minerva Project, an online learning project, thinks so. But Princeton historian Kevin Kruse is not convinced. He tells Ed Butler how he has had to deal with the dark side of “education” on the internet.Also in the show, Oliver Thorn delivers philosophy education and entertainment on his YouTube channel Philosophy Tube. While "study-tuber" Ruby Granger can help you, and her 350,000 other subscribers, with revision.(Picture: A female student lying in bed, holding a coffee mug and looking at her tablet computer; Credit: FatCamera/Getty Images)
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Banning foreign home buyers - the New Zealand experiment
15/07/2019 Duration: 17minIt’s been a year since New Zealand put all but a stop to foreigners buying houses. The near-total ban followed years of astonishing price increases - fuelled in part by Chinese money and American tech billionaires buying up some of the country's most desirable plots. With the help of seasoned property reporter Greg Ninness, and New Zealand’s biggest real estate firm Barfoot & Thompson, we’re in Auckland to investigate whether the law has improved housing affordability. Photo: The Auckland skyline, credit: BBC
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How will China's credit binge end?
12/07/2019 Duration: 17minHasty borrowing by Chinese consumers and corporates may leave the country's economy with a debt hangover.That's the contention of independent China economist Andy Xie. Business Daily's Ed Butler asks him whether ordinary Chinese are carelessly running up huge debts without appreciating the consequences, and whether the rest of the world should be concerned.And it's not just China. Most East Asian countries have seen a rapid rise in household debts in recent years. Among them is Vietnam, where journalist Lien Hoang of Bloomberg BNA explains that it is in large part a bi-product of the government's policy to introduce its citizens to the wonders of online banking.(Picture: Chinese woman holding phone and credit card; Credit: RyanKing999/Getty Images)
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The US consumer debt pile
11/07/2019 Duration: 18minPayday loans, auto loans and student loans are overwhelming a sector of American society - what can be done to help them dig their way out of their debts?Ed Butler speaks to Dean, a military veteran who says his debts wrecked his health and forced him into personal bankruptcy. Plus student Melissa says her inability to keep up with the interest on her student loans, despite working a well remunerated middle class job, is typical of her Millennial generation.Such stories are becoming commonplace among the young and the poor in the US. In search of solutions to their plights, Ed speaks to Mary Jackson of the Online Lenders' Alliance, Harvard economist Ken Rogoff, and Martha Wunderli of the AAA Fair Credit Foundation in Utah.(Picture: Senior man receiving bank debt documents; Credit: THEPALMER/Getty Images)
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Brand Rainbow
10/07/2019 Duration: 18minFrom Pride-inspired cappuccinos to LGBT supermarket sandwiches, you can’t walk down the street in some cities without seeing the multi-coloured marketing which symbolises the modern Pride movement. But is the promotion of the rainbow logo a step forward for diversity or a cynical corporate take-over? Elizabeth Hotson hears from flag-bearers at Pride in London and the event's director of marketing, Tom Stevens. Marketing strategist Sonia Thompson explains why authenticity is key to getting the message across. Plus Mark Sandys, global head of beer, Baileys and Smirnoff at Diageo, and Adam Rowse, managing director of branch banking at Barclays, explain how and why they get involved in LGBT campaigns. Producer: Elizabeth Hotson(Picture: Giant rainbow flag at Pride in London; Credit: Elizabeth Hotson for BBC)
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The economics of Indian cricket
09/07/2019 Duration: 18minWith the Cricket World Cup reaching its final stages we look at the current state of the sport in India. In this episode presented by Rahul Tandon, we hear from former Indian cricketer, Deep Dasgupta, Ramjit Ray who runs advertising firm Matrix Communications, head of Uber South Asia, Pradeep Parameswaran, IT firm owner Sabyasachi Mitra and cricket writer Sharda Ugra. Rahul also speaks to cricket writer Neeru Bhatia and Nissan's Global Head of Marketing and Brand Strategy, Roel De Vries. Plus Rumella Dasgupta looks at the state of play for women's cricket.(Photo: India's Mahendra Singh Dhoni; Credit: Dibyangshu Sarkar/AFP/Getty Images)
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Should we be ashamed of flying?
08/07/2019 Duration: 18minThe aviation industry is one of the world's biggest contributors to climate change - but does a social movement begun in Sweden now threaten to stigmatise air travel?It's called "flygskam", and Manuela Saragosa speaks to one of its originators, Susanna Elfors, whose tagsemester Facebook page helped convert her fellow Swedes to the environmental virtues of train travel. Meanwhile John Broderick, professor of energy and climate change at Manchester University explains just how big a carbon footprint an individual long-haul flight can have.The movement is already having an impact on Scandinavian travel habits, and threatens to go worldwide. So what does the industry make of it? We ask Michael Gill of the International Air Transport Association, as well as Boet Kreiken of Dutch airline KLM, which is already calling on its customers to "fly responsibly".Plus Manuela asks Tony Wheeler, founder of the Lonely Planet guidebooks that first popularised travel to exotic corners of the globe, whether he feels guilty about
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Hong Kong crisis: The business impact
05/07/2019 Duration: 18minAfter a controversial extradition law sparked mass protests, is Hong Kong's position as a global financial centre under threat? Vivienne Nunis speaks to business owners in Hong Kong about the recent protests, hedge fund manager Edward Chin on the impact the crisis is already having on Hong Kong's financial reputation, and former investment banker and governance campaigner David Webb about the history of Hong Kong and China and whether the 'one country, two systems' policy is being dismantled.(Photo: Protestors take to the streets in Hong Kong in June, Credit: Getty Images)
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The truth about cookies
04/07/2019 Duration: 18minShould you let websites track your online movements? Vivienne Nunis speaks to Frederike Kaltheuner from Privacy International and investigates the split-second auction process where firms bid to put targeted ads in front of your eyes. We hear from DuckDuckGo, the search engine that promises to protect your privacy, and controversial Israeli firm The Spinner, which uses cookies to subliminally change people’s behaviour.(Photo: Chocolate chip cookies, Credit: Getty Images)
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Fast fashion: The ugly side of looking good
03/07/2019 Duration: 18minThe hunger for quick short-lived clothes is bringing garment sweatshops back to the UK and harming the environment. Katie Prescott travels to Leicester, the British city whose garment factories claimed to "clothe the world" a century ago, where unregulated factories are making a comeback, paying immigrant workers less than the minimum wage to turn around clothing designs as quickly as possible.Meanwhile Manuela Saragosa speaks to author and journalist Lucy Siegle about how the trend towards the ever faster turnover in consumers' wardrobes is leading to shoddier synthetic fibres that only last a handful of wears.(Photo: Woman sitting on a throne of discarded clothes. Credit: Ryan McVay/Getty Images)
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Isolating Iran
02/07/2019 Duration: 17minNew sanctions from the Trump administration are forcing European and Asian firms to choose between their US and Iranian business interests.The EU has created a special purpose vehicle called Instex to circumvent the US sanctions, but sanctions lawyer Nigel Kushner of W Legal says that the Iranians are right to feel unhappy with the effectiveness of this workaround.Manuela Saragosa speaks to one British businessman who has already given up on trading with Iran, or indeed recovering the proceeds from his past transactions that remain trapped in an Iranian bank account. She also asks BBC Persian correspondent Jiyar Gor how the latest round of American sanctions are affecting the lives of ordinary Iranian citizens.(Picture: A woman walks past a mural painting on the wall of the former US embassy in Tehran; Credit: Atta Kenare/AFP/Getty Images)
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Money management for millennials
01/07/2019 Duration: 17minThe financial literacy gap. Manuela Saragosa talks to US podcaster and writer Gaby Dunn about why millennials like her are so bad with money. Regan Morris hears the stories of young coffee shop workers in Los Angeles, and psychologist Martina Raue explains why having role models can help when it comes to saving money.(Photo: A smashed piggy bank, Credit: Getty Images)
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Making money out of music festivals
28/06/2019 Duration: 17minIt's not as easy as it looks. Dominic O'Connell reports from the biggest festival in the world Glastonbury, which kicks off this weekend. Manuela Saragosa hears from music industry analyst Chris Cooke on the growth in the industry over the last decade, and from Paul Reed, CEO of the UK's Association of Independent Festivals, about the challenges of putting on your own event.(Photo: Glastonbury Festival in 2017, Credit: Getty Images)
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Shutting down the internet
27/06/2019 Duration: 17minGovernments in Africa and elsewhere are routinely shutting off the iInternet in the name of national security. It is having a significant economic impact. Ed Butler speaks to Dr Dawit Bekele, bureau director for Africa at the Internet Society, and Berhan Taye, an Ethiopian campaigner at Access Now, a global digital rights group. Otto Akama, editor of a technology blog in Cameroon called Afro Hustler, and Darrell West, director of the Center for Technology and Innovation at the Brookings Institution, discuss the effect these shutdowns have on business and the economy.(Photo: A demonstration by Zimbabwean citizens in Pretoria earlier this year. Credit: Getty Images)
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Protecting kids from porn
26/06/2019 Duration: 18minThe UK plans to introduce compulsory age verification for anyone in the country to access online porn - but is this a good way of restricting children's access, or a serious threat to privacy?Ed Butler speaks to Jim Killock, executive director of Open Rights Group, who fears that the move could have terrible unforeseen consequences if it enabled for example a major leak of data about people's identities and porn habits. Systems of blocking access to children do already exist, as Alastair Graham, co-chair of the Age Verification Providers Association, explains.But ultimately is relying on technology to stop children stumbling across graphic hardcore images enough? Claire Levens of advocacy group Internet Matters, who welcomes the move, says parents also need to be willing to open up a dialogue with their own children.(Picture: Young boy looking at phone screen; Credit: Clark and Company/Getty Images)
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Get a job?
25/06/2019 Duration: 18minIs unemployment in the developed world so low because people have simply given up on finding work? Ed Butler speaks to economist Danny Blanchflower of Dartmouth College, who says that a decade after the global financial crisis, workers in the US and Europe continue tp face a terrible jobs market that is not reflected in the official statistics.Is the problem that all the well paid jobs are being created in a few rich, expensive cities that are simply inaccessible to the underemployed? That's the contention of Enrico Moretti, professor of economics at the University of California, Berkeley. And according to Christina Stacy of the Urban Institute in Washington DC, even within these cities, service sector workers are finding themselves priced out of the property markets where the job opportunities exist.(Photo: A homeless man sleeping on a sidewalk in San Francisco, California. Credit: Robert Alexander/Getty Images)
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Life in an unrecognised state
24/06/2019 Duration: 18minHow do you do business with the rest of the world when nobody officially accepts that your nation state even exists? Rob Young looks at the struggles facing unrecognised breakaway states such as Abkhazia, Transnistria and Nagorno Karabakh. Thomas de Waal of think tank Carnegie Europe explains how many of them have turned to smuggling and even Bitcoin mining as a way of making ends meet. Meanwhile the BBC's Ivana Davidovic reports from Nicosia in Cyprus where the city's main thoroughfare is still physically divided between the prosperous Greek south and the unrecognised Turkish north.Plus how can these nations compete international football? Sascha Duerkop has the answer. He is general secretary of Conifa, the international football league for teams that Fifa refuses to recognise.(Picture: Children wave the North Cypriot flag; Credit: STR/AFP/Getty Images)
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The Facebook currency
21/06/2019 Duration: 18minWhy Facebook's Libra project will attract the attention of regulators. Rob Young hears from the BBC's technology correspondent Rory Cellan-Jones about why Facebook is launching its own currency. Charles Cascarilla, founder of the digital currency company Paxos explains why the Libra project is so ambitious. Rebecca Harding, chief executive of the data and analytics group Coriolis Trade Technologies and former chief economist at the British Bankers’ Association, explains why regulators will be paying attention.(Photo: Illustration of Facebook and digital currency, Credit: Getty Images)