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Business Daily

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Oct 26, 2022 • 19min

A special interview with the boss of the World Bank

In a wide ranging interview, David Malpass, president of the World Bank, speaks to presenter Sam Fenwick about the global economic situation.He talks about the consequences of rising global debt and high inflation, and how poorer countries are bearing the brunt of the economic crisis. Mr Malpass says the debt caused by the coronavirus pandemic will take decades to pay off, and says many of the subsidies were not targeted. He says a similar situation is being created again with the energy crisis. Presented and produced by Sam Fenwick.(Image: David Malpass. Credit: Getty)
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Oct 25, 2022 • 19min

The rise and fall of the hot tub

In mid-2021 hot tub companies were king. Unprecedented demand through covid pushed up sales as people stayed at home. Some of Europe's well known suppliers boasted up to a 400% increase in sales compared to 2019. Companies simply could not get a hold on enough stock. In China on/off lockdowns caused a part shortage. Waiting lists across Europe went as far as six months. Some of the world's biggest tub producers made record profits.Then in early 2022 an industry went from its heyday to doomsday in a matter of months. The reason: The cost of electricity. Across Europe, some owners are draining their pools as the cost of living crisis bites. One in five hot tub owners say they now never use them, while a further third said they hardly ever use them, according to a new major survey. Business Daily's Rick Kelsey speaks to Chris Hayes from BISHTA, the trade association for hot tub installers in the UK and Ireland, about the type of people who can now afford a tub. We travel to Valencia in Spain to hear how health spas are affording to heat their water. Sophie Clarke, who’s selling her tub on a European forum tells us how upset she is to see it go and we hear from international hot tub supplier Christina Mantoura Clarke on how her business survived when so many competitors went bust.Presented and Produced by Rick Kelsey(Image: A man and child in a hot tub. Credit: Getty)
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Oct 21, 2022 • 17min

Business Daily Meets: Dr Natalie Kenny

When you’re conducting a scientific experiment, you must prepare for it to fail.Lab researchers work by this motto. But for Dr Natalie Kenny, founder of international lab testing and medical training firm BioGrad, it’s proved true in every aspect of life.It’s been a whirlwind ride: from growing up in a working-class family in Liverpool, England, to battling tropical diseases in the Amazonian rainforest, and losing almost everything before going on to found a multi-million dollar business.In this episode of Business Daily, she sits down with Alex Bell to reflect on a remarkable life in science, discussing the pharmaceutical industry, gender equality in the laboratory, and being on the frontlines of the Covid pandemic. as well as the personal tests she’s had to overcome.(Picture: Dr Natalie Kenny at BioGrad’s headquarters in Liverpool, UK. Credit: BioGrad.)
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Oct 20, 2022 • 19min

How social media is changing farming in Kenya

Kenyan farmers are using social media apps to share farming tips and reach consumers directly. Challenges include poor internet and high data costs. Global leaders are investing in digital infrastructure for economic growth. Female farmers face obstacles in accessing loans for their businesses.
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Oct 18, 2022 • 19min

How students' right to earn shook up US sport

University sport in the US has become huge business. For decades, students' share of those earnings only came in the form of scholarships. As television contracts got bigger, so did the calls for change - and last year students were granted the right to earn off their name, image and likeness. A year on, Will Bain explores how it’s shaken up college sports, providing opportunities and unforeseen challenges. Hear from former SMU college football player and professional artist Ra’Sun Kazadi, Texas A&M University Athletic Director Ross Bjork, CEO of MSP Recovery John H Ruiz and Courtney Altemus of Team Altemus, part of the advance group of NIL advisers.Presenter / producer: Will Bain Image: Quarterback Kellen Mond from Texas A&M; Credit: Getty
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Oct 17, 2022 • 17min

Why men don’t want to work any more

As many as 7 million Americans who could work, aren’t. These are people who have dropped out of the workforce - they have given up on finding a job or are simply not looking.And similar trends can be seen in other wealthy countries. So what is going on? Ed Butler speaks to Nicholas Eberstadt, a researcher at the American Enterprise Institute. He’s recently updated a book which examines the extraordinary increase in men – and it is mainly men in the US - who’ve decided they don’t just want to quit their jobs, they want to leave the workplace for good. And it’s something that’s been going on since the 1960s.Presented and produced by Ed Butler.(Image: Men on a building site. Credit: Getty)
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Oct 14, 2022 • 18min

Greensill: What went wrong?

Greensill Capital was a UK based finance firm and a darling of investors which made its money by lending to businesses. It went into administration in March 2021, leaving investors facing billions in losses.What went wrong with Greensill? Why did leading politicians like former British Prime Minister David Cameron get involved?And what does it teach us about the way modern entrepreneurs, like Australian-born Lex Greensill, try and promote themselves?Ed Butler speaks to Duncan Mavin, a financial journalist who followed the downfall of Greensill – he’s written a book about what happened. Presenter: Ed Butler Producer: James Graham(Image: Lex Greensill. Credit: Shutterstock)
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Oct 13, 2022 • 19min

Will a multibillion dollar project get Americans back on trains?

New York’s Penn Station is the busiest transport hub in the United States - as many as 650,000 people pass through it in a day. But this intercity hub is widely agreed to be outdated and unloved.Now there are plans to pour billions of dollars into a station facelift - in the hope it will attract Americans back to trains.In this episode, Laura Heighton-Ginns hears from key stakeholders Amtrak and the Regional Plan Association on why they believe a major overhaul is needed.Laura also takes a tour of the station and finds out about its much-admired predecessor - the Pennsylvania Station of the early 20th Century.And she explores the site of the planned demolition work, which controversially includes historical buildings and a busy community church.Presented and produced by Laura Heighton-Ginns.(Image: Penn Station scaffolding. Credit: BBC)
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Oct 12, 2022 • 19min

Mahira Khan on Pakistan's mental health emergency

In this episode we explore mental health provision in Pakistan. Pakistan has a population of more than 200 million people but only around 500 working psychiatrists. This means around ninety percent of those with common mental health issues go untreated.We hear from Mahira Kahn, a multi award winning Pakistani actress, in April this year Mahira was appointed as an Ambassador for the British Asian Trust. Mahira works with the trust to promote and support it’s current Peace of Mind campaign. The campaign aims to raise awareness of mental health issues and needs in Pakistan. Mahria tells us about her work with the trust and how her job has affected her own mental health. We also speak to Sanaa Ahmad who is the British Asian Trust's Mental Health programme manager, and Dr Iffa who works with communities in Pakistan providing mental health treatment. Presenter / production: Emb Hashmi Producer: Carmel O'GradyPhoto: Mahira Khan; Credit: Getty
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Oct 11, 2022 • 19min

Can a giant seaweed farm help curb climate change?

A British businessman has come up with a bold plan to turn the floating seaweed sargassum into cash, and tackle global warming at the same time. In this episode, Justin Rowlatt meets John Auckland. He is the man behind Seafields, which aims to create a floating farm 'the size of Croatia' far out in the South Atlantic ocean. The plan is to harvest the seaweed, sink it to the seabed and earn cash from carbon credits. Justin also speaks to Professor Victor Smetacek, an expert in marine biology - the project is based on his ideas. And Dr Nem Vaughan, associate professor in climate change at the University of East Anglia talks Justin through some of her questions around how or whether the project will work. Presenter: Justin Rowlatt Producer: David Reid (Image: Sargassum being harvested. Credit: BBC)

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