The Global Jixo is the new podcast from BBC Monitoring, the BBC team tracking and analyzing media in 100 languages.

We're lifting the language barrier, showing you the world through the eyes of its media,

where conflicting narratives are competing to influence your views.

Search for the global jigsawaw wherever you get your BBC podcasts.

If you're excited now, wait until the music starts.

Europe, Australia. Are you ready?

They're ready, but business daily listeners are you ready for Eurovision?

It's the longest running annual TV music competition in the world, and it's an event like no other.

It's a very big celebration and everybody's partying all week and everything.

It's really special because it's like the city is bubbling of love and heaviness.

This year it's being hosted right here in the UK in the city of Liverpool on behalf of last year's winners, Ukraine.

And there's certainly a buzz about the place.

It's a culture. It's a whole thing that's coming here and it's going to be brilliant, just great atmosphere and a chance for us to come out and play and just enjoy.

So what does it mean to host the Eurovision Song Contest? How much does it cost? And what

sort of impact does it have on the economy? Is it all worth it? Today, Business Daily is in Liverpool to find out.

It's glitz, it sparkles, a show full of craziness and it attracts fans from around the world every year.

160 million of them tune in to watch the final,

and some of them are making their way to Liverpool to see it in person.

My name is Marcus Davie, and I am from Melbourne in Australia.

I've been to Eurovision probably about seven times.

My name is Hannah Björn.

I live in Copenhagen.

...