This week saw the rather unedifying spectacle of the first 2020 US presidential debate. Did either of the candidates offer solid policies on the economy or the environment?As further investigations shed more light on Donald Trump’s financial affairs we’ll ask why he has been so reluctant to make them public.We’ll also find out why Facebook is threatening to ban all news on its Australian sites and ask whether clubbing can survive during a pandemic.Business Weekly is presented by Lucy Burton and produced by Joshua Thorpe.
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Folge vom 03.10.2020Business Weekly: 03/10/2020
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Folge vom 02.10.2020Final countdown for a Brexit trade dealWhy state aid may be the sticking point for a Brexit trade deal(Image: Two boxing gloves punching each other, one with the UK flag, one with the EU flag. Credit: Getty Images Stock)
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Folge vom 01.10.2020Trump's taxesWhat can the New York Times' revelations can tell us about the President's financial affairs?President Trump paid only $750 in tax federal income taxes in 2016 and 2017, and paid none in 10 of the past 15 years. That's according to an investigation by The New York Times earlier this week. The President says its all fake news. He's for years refused to publish his income tax returns. David Cay Johnstone, an investigative journalist and editor with DCReport.org, says the Times revelations show why he's keeping them hidden.Adam Davidson who's written extensively on the President's business ties, says the only way to join up the dots since the death of his father, who was continuously propping up the President's finances, and the end of his lucrative appearances on the reality TV show, The Apprentice, is to work out who's bankrolling Trump's businesses. But Dan Alexander, writer for Forbes magazine and author of White House Inc: How Donald Trump turned the Presidency into a Business, says that the President does have more assets than debts but he could come across conflicts of interest when he tries to re-finance these debts.(Image: Novelty US dollar bills printed with Donald Trump's image on. Credit: Joel Forrest / Barcroft Media via Getty Images)
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Folge vom 29.09.2020Facebook's face-off in AustraliaShould Facebook and Google pay for news that appears on their platforms? The Australian government thinks so. It’s drafted a law that would force them to pay - and Facebook is now threatening to ban all news from its Australian site. It’s a high stakes stand-off with potential global repercussions.Veteran local newspaper publisher Bruce Ellen tells Manuela Saragosa how his business has suffered the past decade as articles are shared online for free. Journalist Zoe Samios of the Sydney Morning Herald says the pushback from Facebook has been especially forceful, while Belinda Barnet of Swinburne University in Melbourne says she thinks they are unlikely to back down. But consultant Hal Crawford has little sympathy for the news companies, which he says get a lot more value from social media platforms than vice versa. Plus, Peter Lewis from the Centre for Responsible Technology worries that if Facebook follows through with its threat to remove news altogether from its platform in Australia, what will fill the void?(Image: Facebook logo seen displayed on a smartphone with 100 dollar bills in the background. Credit: Igor Golovniov/SOPA Images/LightRocket via Getty Images)