In this edition of Business Weekly, we look at why one of the poorest countries in Latin America, El Salvador, decided to make Bitcoin legal tender. We also find out what happened when the cryptocurrency crashed on the first day it was rolled out. We hear about the devastating economic effect of covid in Kenya as it rolls out further curfew restrictions. Also, in a few weeks’ time, the matriarch of European politics, the German Chancellor Angela Merkel, will step down. We hear what issues are playing on the minds of German voters as they get ready to head to the polls. And for years Lamu, Kenya’s ancient trading port, has been in decline. But government hopes the opening of a vast, new facility means it can be a commercial superstar once more. Plus, the chief executive of Babbel, Arne Schepker tells us why the company is listing on the Frankfurt Stock Exchange and whether lockdowns have impacted on people’s desire to learn languages. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Folge vom 11.09.2021Business Weekly
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Folge vom 10.09.2021Where have the UK's lorry drivers gone?The UK's suffering a huge shortage of lorry drivers, but where have 100,000 drivers gone? The shortage is now having an impact on everything from chicken in restaurants, to mattresses in furniture shops, fuel at pumps and even beer in pubs. So what's going on? We hear from drivers, driving trainers, retailers and the wholesale industry and what's causing the shortfall and what can be done to solve it. Picture credit: Getty Images
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Folge vom 08.09.2021Reviving Kenya’s ancient trading portLamu, once a bustling gateway to the Indian Ocean, has seen its fortunes decline in recent decades, not least because of its position near the border with Somalia, and the threat from militants. But earlier this year a new deep sea port was opened, which, the Kenyan government hopes, will make Lamu a commercial superstar once more. Vivienne Nunis takes a tour of the port with Dolly Okanga from Kenya Ports Authority. We also speak to Famao Shukry about a special kind of sea turtle in the area, and from Atwaa Salim from the Lamu Marine Conservation trust, who explains why the area’s mangroves are so significant to the economy and the environment. Picture: Dolly Okanga from the Kenyan Ports Authority. Credit: Vivienne Nunis / BBC
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Folge vom 07.09.2021Where next for AI?AI will be the defining development of the 21st century and in the next two decades it is set to transform our lives. Kai Fu Lee, a former CEO of Google China and AI pioneer tells us that the technology will revolutionise health and education and has the power to create great wealth but it also has a dark side. AI he says, can pose huge risks like when used in autonomous weapons. Kai Fu Lee believes that we are now at a turning point, and is urging society to wake up to the benefits and the existential threats. (Image: Kai Fu Lee, Image credit: Getty Images)