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Marketplace All-in-One

AI and the entry-level job market

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 12 January 2026

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Recent college graduates say they’re struggling to find entry-level positions. How much of the job market squeeze can be blamed on AI? Plus: Malaysia and Indonesia block access to Elon Musk's AI chatbot Grok, Meta urges Australia to rethink its youth social media ban, and foreign ministers from Denmark and Greenland will meet with U.S. leaders.

Transcript

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0:00.0

Can communist Cuba survive without Venezuelan oil?

0:05.7

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

0:10.5

I'm Guy Kilty. Good morning.

0:12.9

The president of Cuba, Miguel Diaz-Cannell, has said Cubans are ready to defend their homeland

0:17.7

to the last drop of blood following a threat from Donald Trump

0:21.1

to cut off the country's supply of oil from Venezuela.

0:24.8

The US president has warned Havana to make a deal with him before it's too late,

0:29.3

but Cuba has long been reliant on Venezuelan oil,

0:31.8

providing security services in return.

0:34.7

The BBC's diplomatic correspondent is Paul Adams.

0:37.9

Cuba needs around 100,000 barrels of oil a day. It produces about 40. Until recently, it was

0:45.1

getting around 35 from Venezuela. That now has stopped, which leaves really only Mexico and

0:52.6

occasionally Russia as providers of oil for the Cuban economy.

0:58.5

At the moment, there is a very real prospect that they are not going to get a fraction of that.

1:03.8

The BBC's Paul Adams.

1:06.2

Malaysia and Indonesia have become the first countries in the world to block access to Elon Musk's artificial intelligence chatbot rock over its ability to produce deep fake images on the social media platform X.

1:19.0

Meanwhile, the British government has indicated it would support a ban on X if it failed to comply with UK law.

1:25.0

Musk said that critics of his platform are looking, in his words, for any excuse

1:28.9

for censorship. The tech giant Meta has urged Australia to rethink its social media ban for

1:34.9

under 16s, the first of its kind anywhere in the world. At the same time, Meta reported that it

1:40.4

had complied with Australian law, having removed more than half a million accounts

1:44.4

from Instagram, Facebook and threads.

...

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