It's more than a decade since the global financial crisis. Central banks have pumped trillions of dollars into the financial system to support markets and the broader economy. But there are warning signs that major risks may be re-emerging in the financial markets.This month, fund manager Neil Woodford suspended trading in his largest fund after rising numbers of investors asked for their money back. Could this highlight a vulnerability in the financial system that runs right through the investment management business?The BBC's Manuela Saragosa and Laurence Knight speak to two veterans of the investment community: Mohamed El-Erian, chief economic adviser at Allianz and former head of Pimco in California; and Lord Paul Myners, the former head of Gartmore in the UK. Both worry that investors are unaware of the risk they are running that they won't be able to access their money when they most need it, and warn that regulators could be blindsided by the next big crisis.Producer: Laurence Knight(Picture: A trading screen flashes red; Credit: Getty Images)
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Folge vom 13.06.2019The next financial crisis
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Folge vom 10.06.2019The global trade in trashAsian countries have told the West to stop dumping its plastic waste on them - and it could spell the end of the recycling industry. China imposed a ban on imports last year, and now Malaysia and others are returning the stuff back its senders.Manuela Saragosa speaks to Jim Puckett, founder of the Basel Action Network, who has successfully lobbied for the international trade in recyclable waste to be curtailed, because he believes it is actually bad for the environment. Arnaud Brunet, director of the Bureau of International Recycling, explains why he thinks that's an unfair depiction of his industry.(Picture: A man scavenges for plastic for recycling at a garbage dump site in Bachok, Malaysia; Credit: Mohd Samsul Mohd Said/Getty Images)
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Folge vom 05.06.2019Oil, guns and pollutionThe Niger Delta is Africa's biggest oil producing region. It has also become a security and environmental nightmare thanks to dozens of spills and theft by armed rebels.Oil and gas giant Shell has long been criticised for its operations in the region. Igo Weli, one of the company's directors in Nigeria, tells Manuela Saragosa how the threat of violence makes it hard for them to clean up their act.But while Shell claims it is trying its best in challenging circumstances, Mark Dummett of Amnesty International says the company could be doing a lot more and is still under-reporting the extent of the problem. Manuela also speaks to Jumoke Ajayi of Nigerian oil conglomerate Sahara Group, and Erabanabari Kobah, who acts as a spokesperson for one of the Niger Delta communities.Producer: Laurence Knight(Picture: A member of the Nigerian navy forces patrols on an abandoned site of an illegal oil refinery in the Niger Delta region; Credit: Stefan Heunis/AFP/Getty Images)
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Folge vom 04.06.2019Is it time to tax robots?With ever more jobs at risk of automation, should the automatons be taxed the same as humans?Ed Butler speaks to Dr Carl Frey of the Oxford Martin School, who co-authored a report five years ago claiming that almost half of US jobs could made redundant by emerging technology in the next 30 years. His new book, The Technology Trap, looks to the history of the Industrial Revolution as a guide to current developments. He worries that millions of workers could soon find their careers devastated, while the ultimate benefits of technology may only felt decades in the future.It is perhaps then not surprising that many politicians, academics and businessmen - including Microsoft founder Bill Gates - now advocate a tax on automation to level the playing field with humans. We pit an advocate of such a tax - Ryan Abbott of the University of Surrey - against critic Janet Bastiman, chief scientist at StoryStream, which provides AI services to the automotive sector.(Picture: Robot call centre; Credit: PhonlamaiPhoto/Getty Images)