As the Swiss bank Credit Suisse is fined $475m for participating in Mozambique’s tuna bonds fraud, on Business Weekly we find out how the southern African country was devastated by the scandal. Also, we hear how a decaying oil tanker marooned off the coast of Yemen could trigger a major environmental and humanitarian disaster. The SFO Safer is loaded with hundreds of tons of crude oil - so why is it just being left to rot? Plus, we report from a climate conference in Edinburgh where delegates are being encouraged to come up with new ways to cut carbon emissions, including a innovative and surprising diet for cattle. Business Weekly is presented by Lucy Burton and edited by Matthew Davies.
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Folge vom 23.10.2021Business Weekly: 23/10/2021
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Folge vom 22.10.2021Big fat Indian weddingsAre the days of the big fat Indian wedding over? Since Covid Indian weddings have got a lot smaller. But will they go back to what they once were? Rahul Tandon speaks to bride to be Yashaswini Singhdeo, mother of the bride Meenal Singhdeo, Sandip Roy author and columnist, Ambika Gupta wedding planner and owner of the A cube project and Parul Bhandari a sociologist from the Indian centre of social sciences and humanities .(Photo: Indian couple hold hands during a wedding ceremony. Credit: Amir Mukhtar/Getty Images)
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Folge vom 21.10.2021'Fixing' Facebook's algorithmThe social media giant's algorithm has been accused of amplifying divisive content and disinformation. Could regulating it make Facebook a kinder platform? Ed Butler speaks to the BBC's Silicon Valley correspondent James Clayton about the latest revelations from Facebook whistleblower Frances Haugen, and renewed demands for a crackdown by US lawmakers. Former Facebook data scientist Roddy Lindsay explains how Facebook's alogrithm became the focus of criticism of the platform, and how a change to the law could solve it. Daphne Keller from Stanford's Cyber Policy Center explains the legal minefield when it comes to regulating what social media users can say, and what platforms can promote, online.(Photo: Frances Haugen testifies in Congress in October 2021, Credit: Getty Images)
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Folge vom 20.10.2021Ticking timebomb in the Red SeaDecaying oil tanker could trigger an environmental and humanitarian disaster. The FSO Safer is marooned off the coast of Yemen in the Red Sea, close to one of the world's biggest shipping lanes. A massive oil spill or explosion from it could disrupt global trade for months and lead to an environmental and humanitarian catastrophe. It's loaded with hundreds of tons of crude oil, its hull is rusting and it hasn't moved in years. So why isn't anybody doing anything about it? Nominally the Safer is the property of the Saudi-backed Yemeni government. Right now though, both it and its multi-million dollar cargo are controlled by the Houthi rebels in Yemen. UN officials say the Houthis have broken an agreement to allow an inspection of the vessel. The Saudis accuse them of holding the world to ransom over the potential disaster. The Houthis disagree. Ed Butler speaks to Ghiwa Naket, the executive director of Greenpeace for the Middle East and North Africa, to Ben Huynh a researcher at Stanford University, to Hussain Albukhaiti a Yemeni journalist with close links to the Houthi leadership and to Peter Salisbury, senior analyst for Yemen at the International Crisis Group. (Picture description: Maxar Satellite image of the FSO Safer tanker moored off Ras Issa port, in Yemen. Picture credit: Getty Images)