Business Daily Folgen

The car industry is preparing to go fully electric sooner than you might imagine - and not just because of the climate crisis.Justin Rowlatt speaks to Bjorn Annwall, head of Volvo Cars in Europe, about why his company is one of a string of major carmakers to rush out plans in recent months to electrify their business. They intend to stop selling internal combustion engine cars as soon as 2030. What's driving it is the rapid improvement and collapsing cost of the batteries at their heart, according to Madeline Tyson of the clean energy technology research group RMI.But how willing will people be to give up the glamour and roar of their engines for the silent speed of electric vehicles? Norway-based researcher Schalk Cloete fears that despite the technical advances, their limited range remains a deal-killer for many families. But EV fanatic and former Top Gear presenter Quentin Willson says give people a couple of days' test drive and they will soon be won over.Producer: Laurence Knight(Picture: Electric car logo; Credit: Lya Cattel/Getty Images)

Millions of Indians risk being knocked back into poverty by the current explosion in coronavirus infections.Rahul Tandon hears from Radhika, who abruptly lost her job in Mumbai when India went into lockdown last year, and has since struggled with thoughts of suicide. Newspaper columnist Sandip Roy discusses how Covid threatens to strip many self-identifying middle class of their sense of comfort and security. Meanwhile, many women who run their own businesses face ruin, according Renu Shah, who runs Shakti - an organisation that helps women entrepreneurs. We also hear opposing views on how big a setback the middle class faces from Covid from two leading Indian economists - Pravin Krishna of John Hopkins University, and Jayati Ghosh of Jawaharlal Nehru University.(Picture: A Covid-19 patient in Gurudwara, India; Credit: Naveen Sharma/SOPA Images/LightRocket via Getty Images)

It could be the biggest shake-up of corporate taxation in history. But can President Biden's push for a minimum global rate succeed? He wants multinational companies to pay a rate of at least 21%. The proposal is likely to face opposition from smaller economies. Tech consultant Pamela Newenham explains how Ireland's low tax regime has helped to transform the country's capital. Others say the proposal doesn't go far enough. We hear why from Nobel prize-winning economist Joseph Stiglitz. We also hear from the man leading the charge for reform at the OECD, Pascal Saint-Amans, and Danny McCoy, head of Ireland's biggest business group.Picture: Stock photo of a yellow warning sign on a fence (Credit: Getty)