Business Weekly
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 20 June 2020
⏱️ 50 minutes
🧾️ Download transcript
Summary
On Business Weekly we ask how international businesses based in Hong Kong are reacting to China’s new security laws. It is finally illegal to discriminate against LGBTQ people in the workplace in the United States, so, we hear from the man who took his case all the way to the Supreme Court. As the World Bank predicts that remittances will fall by 20% this year, we look at how that will affect communities in the developing world and speak to expat workers who send their wages home. Two big food companies are re-branding products that adhere to racial stereotypes - we consider the importance of this. Presented by Lucy Burton.
Transcript
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| 0:00.0 | Hi, if a week is a long time in politics, a day is a long time in business at the moment, |
| 0:06.1 | and it can be exhausting trying to keep up with all the latest developments. |
| 0:10.1 | That's why we've interrupted your Business Daily pod feed to bring you Business Weekly, |
| 0:14.4 | a new weekend programme which brings you an hour of the most interesting, inspiring and thought-provoking stories you might have missed |
| 0:21.7 | from the BBC's business team. |
| 0:27.7 | Hello and welcome to Business Weekly. I'm Lucy Burton. On the show today, we'll be discussing |
| 0:33.4 | the future of business in Hong Kong as China's grip on the territory gets tighter. |
| 0:38.6 | We'll also be looking at the impact the coronavirus pandemic has had on remittances. |
| 0:43.7 | The World Bank thinks money sent home by expatriate workers could drop by 20%, |
| 0:48.3 | which would have a profound effect on families and communities in the developing world. |
| 0:53.0 | And as the English Premier Lee kicked off again on Wednesday, |
| 0:56.0 | we'll consider the future of the game. |
| 0:58.3 | Over dinner in Hawaii on Tuesday night, |
| 1:01.3 | the US Secretary of State, Mike Pompeo, |
| 1:03.5 | discussed the fragile relationship between America and China |
| 1:06.6 | with his counterpart Yang Zyat-Chi. |
| 1:09.1 | It was their first face-to-face talk since August, |
| 1:12.2 | and they discussed the handling of the COVID-19 pandemic, Taiwan, |
| 1:16.4 | and the introduction of new security legislation in Hong Kong. |
| 1:20.5 | It's not just America that's concerned about these new laws. |
| 1:23.8 | The other countries which make up the G7 |
| 1:25.8 | have signed a statement calling for China to retract the legislation which targets activities which it sees as threatening national security. |
... |
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