Millions of people in Peru and Chile have been allowed to empty their retirement pots to cope with Covid-19 and rising prices, putting the pension system and the economy at risk.Chilean Senator Alejandra Sepulveda explains why she supported early pension withdrawals as a one-time emergency measure to reactivate the economy while the OECD’s expert on pensions Pablo Antolin explains the relevance of restricting this kind of initiatives to only those in need. We also hear from pension-dippers Ana Alvarez, Antonio Aliaga, and Antonio Valladares on why they don’t trust the pension system in their countries and Peruvian business reporter Karina Montoya reflects on how free pension-dipping during the pandemic has completely changed the way people see retirement funds in her country.All this money leaving retirement funds at the same time is having consequences in the economy, as the former finance minister of Peru, David Tuesta, and the current finance minister of Chile, Mario Marcel, tell us. Presenter / producer: Stefania Gozzer
Image: Pension jar; Credit: Getty
Folgen von Business Daily
2000 Folgen
-
Folge vom 11.07.2022Pension dipping in Peru and Chile
-
Folge vom 08.07.2022The business of streaming gamesWe explore the world of video game streaming - where players connect their screens to platforms such as Twitch or YouTube so that fans can watch them play. Elizabeth Hotson talks to Aoife Wilson, head of video at video game website Eurogamer who’s an enthusiastic streamer and industry watcher; she explains why watching people play games has turned into a multi-billion dollar industry. The BBC’s Faarea Masud gives a fan’s perspective, whilst Sam Matthews, CEO of e-sports brand, Fnatic gives us an insight into the money-making potential of competitive gaming. Thomas Slattery from gaming venue, Platform, in London, tells us why he thinks streaming is so important right now. Presenter / producer: Elizabeth Hotson Image: A gamer; Credit: Getty Images
-
Folge vom 07.07.2022Brazil's election and the economyBrazilians will go to the polls to elect their next president in October. With Jair Bolsonaro trailing in polls behind former leader Lula da Silva, many voters say the economy is their main worry.We speak to small business owners in Vitoria, Espirito Santo, to get their thoughts on how financial concerns may influence voters’ choices. Mauricio Moura, founder of polling company IDEIA, tells us that the economy has never been as crucial going into a Brazilian election in modern history as it is this year. Former Central Bank governor Gustavo Franco says he’s concerned that some people have forgotten the country’s struggles with high levels of inflation in recent decades. Solange Srour, Chief Economist of Credit Suisse Brasil, says the reduction in government benefit payments introduced during the Covid-19 pandemic have dented the president’s popularity. And Wilson Ferrarezi from TS Lombard tells us that the most pressing structural challenge for whoever wins the vote in October is reforming Brazil’s tax system. With additional reporting by Sarita Reed in Vitoria, Espirito Santo.Presenter / producer: Tom Kavanagh Image: Homeless people in Sao Paulo; Credit: NELSON ALMEIDA/AFP via Getty Images
-
Folge vom 06.07.2022Women, sport and business: Haley RosenTo coincide with the start of the Women's Euros and the Africa Women Cup of Nations, Business Daily launches a new series on women, sport and business. Haley Rosen is a former pro soccer player who now runs the digital sports media company Just Women’s Sports. When she stopped playing, Haley realised she couldn't access even basic information about women's sports, including fixtures, scores and all the other statistics available to those following male sports. Haley tells Sam Fenwick how she set up her digital media platform and secured more than $3.5 million in investment. They also discuss what needs to change to make sure female sporting stars are treated on a par with their male counterparts. Presenter: Sam Fenwick Producer: Helen Thomas Image: Haley Rosen; Credit: Getty