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World Business Report

Latest episodes

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Jan 15, 2025 • 26min

How much will it cost to rebuild Gaza after 15 months of war?

Achim Steiner, the Head of the United Nations Development Programme, discusses the daunting task of rebuilding Gaza following 15 months of conflict. He highlights the emotional complexities faced by returning residents as hope intertwines with grief. Steiner delves into the urgent financial needs and the importance of international cooperation for sustainable reconstruction. He addresses critical questions about funding sources, necessary political resolutions, and the challenges posed by historical issues that may hinder effective rebuilding efforts.
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Jan 15, 2025 • 26min

Mozambique's new president sworn in amid opposition boycott

Mozambique's new president swearing-in sparks discussions on the aftermath of unrest that left nearly 300 dead, with local businesses struggling under high import taxes. Insights into Germany's major exporters reveal challenges amid slowing sales and rising costs. A Canadian dairy farmer confronts the harsh realities of US tariffs impacting livelihoods. On a lighter note, a UK restaurant's hefty price tag for Hawaiian pizza ignites the age-old debate over pineapple on pizza! This blend of serious issues and fun topics keeps the conversation lively.
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Jan 14, 2025 • 26min

Miners and body bags hauled from South African mine

The men have been underground since police operations targeting illicit mining started last year across the country. We hear the latest from Stilfontein.The US Supreme Court is expected to rule this week on TikTok's challenge to an outright ban in the US. We find out about the platform Red Note, that might take its place.And a pizzeria in the UK is so reluctant to put pineapple on their pizzas, they are instead charging $120 to anyone that orders one. We speak to the restaurant co-owner.
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Jan 14, 2025 • 26min

Pakistan’s textile industry hit by rising energy costs

A textile firm owner in Pakistan shares her struggle with skyrocketing energy costs, emphasizing the impact on local businesses and employment. The Pakistan Textile Council raises alarms over a potential energy crisis that could cripple manufacturing. Meanwhile, a wildfire expert discusses California's escalating fire risks due to climate change and inadequate safety measures. The podcast also touches on global electric vehicle sales and trade tensions, painting a vivid picture of economic challenges and environmental concerns affecting industries worldwide.
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Jan 13, 2025 • 26min

Lebanon’s President appoints new Prime Minister

Peter Jankowskis from Arbor Financial Services shares insights on Lebanon’s newly appointed Prime Minister, Nawaf Salam, and the potential economic turnaround he symbolizes amid ongoing turmoil. The collapsing Lebanese currency and dysfunctional banking system are discussed alongside a glimmer of hope for recovery. Jankowskis also highlights China's massive trade surplus and the economic anxieties facing young Australians, who prioritize immediate financial survival over long-term aspirations.
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7 snips
Jan 13, 2025 • 26min

China posts record annual trade surplus of nearly $1tn amid looming US tariff threats

Rory Green, Chief China Economist at Global Data, TS Lombard, dives into China's record trade surplus driven by weak domestic demand and rising global exports. He discusses the implications of these trade dynamics in light of potential U.S. tariff threats. Additionally, the harsh realities faced by workers in Shein's factories are revealed, raising concerns over the brand's upcoming IPO. The podcast also touches on the significant economic boost generated by the Kumbh Mela in India, highlighting its impact on local revenue.
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Jan 10, 2025 • 26min

Rebuilding after LA’s wildfires – who will pay

Los Angeles wildfires have devastated communities, forcing nearly 200,000 residents to evacuate. Personal stories reveal the emotional toll as many lose their homes. Insurance becomes increasingly elusive due to climate change, raising concerns for future safety. The podcast also touches on Venezuela's political turmoil, the Supreme Court's TikTok deliberations, and a strong U.S. job market affecting monetary policy. Additionally, it highlights challenges in California's almond industry amid rising tariffs and the complex dynamics of trade and production.
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Jan 10, 2025 • 26min

Donald Trump sentenced in New York to 'unconditional discharge'

Donald Trump receives an unconditional discharge for business fraud, avoiding jail time, raising questions about justice in the U.S. TikTok faces the Supreme Court as it fights a potential U.S. ban, amid concerns over user data and privacy. Meanwhile, Venezuela's Maduro is set for a contentious third term despite international pressure. A bold proposal for a 90-hour work week ignites debates on work-life balance in India, revealing the tensions in modern work culture and its impact on families.
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Jan 9, 2025 • 26min

Fierce wildfires continue burning out of control in California

Wildfires in Los Angeles have caused an estimated $50 billion in damages, leaving residents devastated and officials scrambling to respond. Meanwhile, Lebanon’s new president faces immense economic challenges as the country seeks to recover from conflict. In Peru, a new megaport is set to enhance trade relations with Asia, reflecting China's strategic interests. The discussion also touches on global trade dynamics and the need for accountability in international aid for Lebanon, highlighting resilience amid adversity.
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Jan 9, 2025 • 26min

Joe Biden declares an emergency in California as wildfires devastate Los Angeles

Wildfires continue to devastate Los Angeles, causing over 100,000 evacuations and financial ramifications estimated at up to $57 billion. The impact of climate change is evident as historic structures face destruction. Meanwhile, China's investment in a new mega-port in Peru is reshaping trade dynamics. Ethiopia is set to revive its stock market after five decades, aiming for economic reform and attracting investments. The luxury fashion sector is under scrutiny, revealing both triumphs and troubles amidst shifting consumer preferences.

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