As global leaders jet out of Glasgow, leaving the hard bargaining to their delegates, Business Weekly looks at what the pledges made so far really mean. Will rich countries be able to support the financial demands made of developing nations to help them transition away from fossil fuels? And what did activists make of Indian Prime Minister, Narendra Modi’s promise of reaching net-zero by 2070? Also on the programme, we hear why some people enjoy trophy hunting - and whether it can ever be a useful tool for conservation. And as an inquest names a haul of Anglo-Saxon coins one of the biggest ever found in England, we ask what happens to treasure after it’s discovered. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
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Folge vom 06.11.2021Business Weekly: 06/11/2021
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Folge vom 05.11.2021Nigeria's eNaira: Africa's first digital currencyCentral Banks around the world are introducing digital currencies and last month Nigeria became the first African country to launch one - the eNaira. But what is a digital currency and how are Nigerians reacting to theirs? We hear from people on the streets of Abuja. Tamasin Ford speaks to Rakiya Mohammed, director of information security at the Central Bank of Nigeria. Chinwe Egwim, chief economist at Coronation Merchant Bank in Lagos, explains why the eNaira has been introduced and the benefits it could have. Digital currency expert Josh Lipsky of the Atlantic Council puts the launch of the eNaira in the context of the others that are springing up all over the globe. Producer: Benjie Guy. (Picture: the eNaira mobile phone app. Credit: enaira.gov.ng)
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Folge vom 04.11.2021Is inflation making a comeback?Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should we all be worried? We hear opposing views from Claudia Sahm, former economic adviser to the Federal Reserve and the White House, Steve Hanke of Johns Hopkins University, and Andrew Sentance, senior adviser at Cambridge Econometrics and a former member of the Bank of England's Monetary Policy Committee.Image: Full shopping cart in supermarket aisle (Credit: Getty Images).
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Folge vom 03.11.2021Guy Hands on deal making and private equityGuy Hands, the founder of Terra Firma, opens up on the highs and lows and risks involved in deal making and private equity. From being bullied at school to becoming a household name, buying and selling businesses from cinema chains and pubs to waste management, aircraft leasing and green energy companies. We hear his side of the deal that turned sour, the acquisition of multinational music company EMI in 2007, and how his addiction to doing deals has affected his personal life. Ed Butler is in conversation with Guy Hands about his new book, The Dealmaker. (Image: Guy Hands; image credit: John De Garis)