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Global News Podcast
Trump recognises tariff 'transition problems'
00:30:11
The trade war between Washington and Beijing deepens
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- [00:00]
Simon Jack
This BBC podcast is supported by ads outside the uk.
- [00:07]
Zing Singh
I'm Zing Singh. And I'm Simon Jack and together we host Good Bad Billionaire, the podcast exploring.
- [00:12]
Simon Jack
The lives of some of the world's richest people.
- [00:14]
Zing Singh
In the new season, we're setting our sights on some big names. Yep, LeBron James and Martha Stewart to name just a few. And as always, Simon and I are trying to decide whether we think they're.
- [00:24]
Kerry Allen
Good, bad or just another billionaire.
- [00:26]
Simon Jack
That's good. Bad Billionaire from the BBC World Service.
- [00:29]
Zing Singh
Listen now wherever you get your BBC podcasts.
- [00:32]
Janet Jalil
Foreign.
- [00:38]
Zing Singh
This is the Global News podcast from the BBC World Service. I'm Janet Jalil and in the early hours of Friday 11th April, these are our main stories. Donald Trump acknowledges that a period of difficult transition is inevitable after his tariff policies trigger another day of turmoil on Wall Street. A general strike against public spending cuts in Argentina disrupts transport and other services. A helicopter crashes into New York's Hudson river with reports that all six people on board have been killed. Also in this podcast, Prada buys Versace in a billion dollar deal Transition problems that's a term the US President Donald Trump used during a Cabinet meeting at the White House to describe the recent turmoil in the US Stock market after it surged on Wednesday in response to his partial U turn on tariffs. It fell again sharply on Thursday. Shares in Europe and Asia also rallied initially after Mr. Trump announced that he would limit tariffs for 90 days on nearly all countries, with a glaring exception China, on which he has imposed tariffs of well over a hundred percent, prompting Beijing to impose its own hefty retaliatory tariffs on U S goods entering China, raising fears that their all out trade war will have devastating repercussions around the world. The US President is also facing accusations that he manipulated the stock market after he posted on his Truth Social site that it was a great time to buy. Just hours before his announcement of a 90 day pause on his original tariff plans caused markets to soar. John Sudworth reports.
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Simon Jack
As share prices fell again, President Trump held a three hour Cabinet meeting, much of it in front of the TV cameras and with the now familiar sight of Cabinet members taking turns to shower him with praise. Countries were queuing up to strike trade deals. He was told America was getting the respect it deserved. Mr. Trump himself appeared to admit that. The markets don't seem entirely convinced there's going to be a transition cost, he said. But he repeated his assurance that it'll all work out in the end, insisting it's going to be a beautiful thing Democrats, meanwhile, are raising questions about the president's social media activity in the hours before he announced the 90 day pause on many of his global tariffs when he posted this is a great time to buy. With share prices initially shooting up, his opponents want to know if he, his family or his officials made any money, a call dismissed by a White House spokesman as partisan political games.
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Zing Singh
John Sudworth, well, the White House had announced a 125% tariff on China on Wednesday, but now it's saying that it's even higher than that. 145, 5%. Our North America business correspondent Erin Delmore explains why the figure has changed.
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Erin Delmore
The number is 145%. I can tell you how you got there. You know, the Trump administration a while ago put tariffs of 20% on Chinese imports into the United States. And the administration said that was over China's handling of fentanyl matters. Fentanyl, the illicit substance that President Trump has been laser focused on. They added 125% yesterday. And of course there was a climb up in that direction with some retaliation from China. All so and they did clarify today that those two numbers stack. So that's how we get to the 145% tariff rate. As you can imagine, it's a huge number. It's also a deeply important number to investors here. When we saw that clarification come out, stocks on Wall street actually dipped even lower fueling this sell off today. So euphoria and the goodwill that we saw on Wall street yesterday after President Trump announced a 90 day pause on some tariffs from most countries quickly petered out over the course of today, at one point halving yesterday's gains.
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Zing Singh
Yes, because there's still so much uncer uncertainty. But one thing that is certain is that U.S. tariffs on other countries are still much higher than before. Despite his partial U turn. And that's, that's part of the reason why stock markets are falling.
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Erin Delmore
Absolutely. This is about the cost of goods, what it costs to bring goods into the United States and then how it affects other markets that are importing goods from the United States.
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Zing Singh
Right.
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Erin Delmore
And so a lot of traders here and a lot of businesses are trying to figure out how their business is affected by these tariffs. And as you say, the 10%, what the administration calls a baseline or a floor more, but a broad 10% tariff on many, many countries is still in effect, as are 25% tariffs on things like metals and autos. There is a wider group of goods that come from Canada and Mexico that are not, not compliant with a trade deal that was put together by President Trump during his first term. So there are elevated tariff rates and in fact, listening to a tax expert earlier today whom I've interviewed before saying that the tariff rate, the effective tariff rate is higher than it's been since the 1940s. So this is really just a very. And that is a big part of what has investors rattle today.
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Zing Singh
Erin Delmore so how is the trade war between the world's two biggest economic powers being viewed inside China itself? Here's our China media analyst, Kerry Allen.
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Janet Jalil
There's definitely messaging in government media, Chinese government media, that the US has taken a huge gamble by doing this and there's really a feeling that it's one that it will lose. So there's messaging being conveyed by the government that there's no winners in a trade or tariff war and that everybody will be impact globally. But within mainland China, there's a feeling that China will face the softest blow. I mean, there's been an appreciation for China responding quickly to the US and also domestically responding quickly with measures to support its stock market. And so what I'm seeing is a lot of appreciation both in the media and social media today from Chinese people. There's a feeling that China learned a lot from the last trade war of 2018 and that actually it's prepared when it comes to this one, that it will keep going with the states and it's very confident that it will win.
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Zing Singh
Any hint from Chinese officials as to how a deal could be struck because this can't carry on forever.
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Janet Jalil
Well, the Ministry of Commerce has said today that it is prepared to sit down with the US and talk and try and reach a resolution over this. But it has the feeling that China is being bullied. I mean, that's a message, a word that I keep seeing again and again that the U.S. s actions are bullying China, singling China out. There's a real feel, feeling that if you put more pressure on us, we're going to respond with equal pressure.
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Zing Singh
And one victim of this standoff appears to be Hollywood, with China further cutting the number of US Films allowed to enter the huge Chinese market.
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Janet Jalil
Yeah, I mean, China has long term already restricted what films it allows into the country. China has a very restrictive media environment, so a number of Hollywood films don't make it into the country anyway. And China's quite confident that it's got its own blockbusters. I mean, in recent months, there's been a big, big focus on a film called Neja Nejatu, an animated film that's been a huge international blockbuster. So China's gained confidence from that. And I think that's why we're seeing this suggestion that China might hit Hollywood imports because it's gained confidence at the beginning of the year that it can produce films as good as any that the US produces.
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Zing Singh
And China had been hoping to form alliances with other countries hit by the US tariffs. But on Thursday, Australia declined Beijing's proposal to work together counter those tariffs.
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Janet Jalil
It did, yes. And China has expected that countries aren't going to fully side with China. I mean, what I'm seeing a lot in the media is just this message that internationally this is an opportunity to reshape global trade and that everybody's quite cross with the US over what's happening and there's a lot of uncertainty. And China is really putting out messaging that it's confident that it can establish new trade opportunities if other countries are prepared to overlook past grievances and work more closely with the country.
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Zing Singh
Our China media analyst, Kerry Allen. Thousands of workers across Argentina have been taking part in a general strike against the government's public spending cuts. All domestic flights were cancelled and train and metro services suspended in the capital, Buenos Aires, and other major cities. It's the third general strike called by Argentina's powerful trade unions since President Xavier Milei took office about a year and a half ago. Our America's regional editor, Leonardo Rocha, told me more about the strike.
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Leonardo Rocha
It's been quite comprehensive and quite successful, according to the union leaders, the cgt, which called for this strike, representing many unions in many areas. So all domestic flights were cancelled, no trains, no underground, most shops closed. Only the buses in Buenos Aires were working because they belonged to a different union. But it's been quite comprehensive and the unions remain very powerful in Argentina. And from the beginning of the Javier Milei government, they have been fighting his austerity measures.
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Zing Singh
And how effective have his austerity measures been?
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Leonardo Rocha
If you look at the figures, they've been quite successful. He inherited a completely destroyed economy, hyperinflation on the rise. It was 211% when he took office and it's now down to 66% a year, which is still high, but it's going down. The economy is growing now after a difficult year. But what the unions say is the picture is different for the most vulnerable in society. For example, a lot of people rely on the value of the minimum wage and the government hasn't adjusted that according to inflation. And the same thing goes for pensions. So they estimate that people lost at least one third of the real value of their pensions or wages within a year and a half. And they say something has to be done. There was also the threat of private prioritizing the airlines and other companies that the unions oppose.
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Zing Singh
The International Monetary Fund has given a big loan to Argentina. And Mr. Milei's critics say this shows that his reforms are not sustainable without outside help.
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Leonardo Rocha
Well, they might have a point there because the IMF this week, they agreed to give him a big loan of $20 billion, and that's to back up his plan. The IMF is big fans of his austerity plans. He managed to control the economy, but the problem is he's been using the curr to keep the inflation low. And what's been happening, the value of the peso, the currency, is steady, but you have an inflation of 60, 80% since he took office. So things are very expensive. It's becoming difficult for Argentina to export because the currency is overvalued. But he's holding that. And to hold that, he has to sell lots and lots of dollars, and he might run out of dollars.
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Zing Singh
Leonardo Rocha. A helicopter has crashed into New York's Hudson River. US Media say six people on board, five passengers and a pilot were killed. The helicopter was reported to be carrying a family of five from Spain, including three children. The city's mayor, Eric Adams, paid tribute to the victims at a news conference at this time.
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Simon Jack
All six victims have been removed from the water and sadly, all six victims have been pronounced deceased. Again, we're praying for the families and our gratitude to the rescuers and the courage that was displayed in their dedication.
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Zing Singh
Shortly after the crash, Michelle Fleury gave us this update. I'm standing here on the edge of the Hudson river, which separates Manhattan from Jersey City. The crash, as we understand it, happened on the other side there. There are the sort of red and blue flashing lights of emergency services. The emergency call came in, and since then, we're sort of beginning to get a little bit more detail of what we understood happened with this helicopter. Apparently there were six people on board in the crashed helicopter. There is still a lot of unanswered questions. For example, there was plenty of social media footage seemingly showing the helicopter apparently.
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Janet Jalil
Falling out of the sky.
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Zing Singh
And so what is going to happen next is that authorities are going to try to understand what exactly happened. Where did this helicopter take off from, where was it headed to? And why did it seemingly fail? There were drones flying overhead trying to get answers to those questions. Michelle fleury, Thousands of people in the Dominican Republic have attended the funeral of the much loved singer Ruby Perez to pay their last respects. He died when the Ruth of the nightclub where he was performing collapsed in the early hours of Tuesday. More than 220 people are now known to have died in the tragedy of the Jet Set Club in the capital, Santo Domingo. The singer's daughter, Zulinka Perez, who was performing with him when the accident happened but was saved by her husband, sang during her father's funeral at the National Theatre building. While rescue workers have now ended their search for survivors after days of scouring through huge mounds of rubble, Will Grant reports from Santo Domingo.
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Simon Jack
With the number of dead from the nightclub collapse now well over 200, the Dominican authorities have accepted the inevitable. The search and rescue teams have pulled out of the site and the heavy machinery has moved in. No one had been pulled out alive from the nightclub since Tuesday afternoon, said the director of the center of Emergency Operations, Juan Manuel Mendez, and the operation itself was now focused on recovering victims bodies rather than looking for more survivors. The rescuers had exhausted all reasonable possibilities, he said. Most of the family members of the missing who were gathered at the site waiting for news have now gone home after identifying their relatives bodies in a makeshift morgue. Questions over the cause of the collapse will now ramp up and the owner of the venue flew into the Dominican Republic from the United States to cooperate further with the investigation. The country is in a period of national mourning over what is the worst accident of its kind in recent Dominican history, will Grant.
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Zing Singh
It's been described as the biggest luxury deal of the year. The Italian luxury fashion house Prada has agreed to buy a rival company, Versace. The billion dollar deal will unite two of Italy's biggest brands for the first time, and it comes just weeks after Donatella Versace stepped down as head of the company that bears her name after nearly three decades at the helm following the murder of her brother Gianni. Charlotte Edwards reports.
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Kerry Allen
The finale of the winter full fashion show in Milan as Donatella Versace appeared, stepping out onto the catwalk in her high platform boots to take the applause. It was to be her last appearance in charge of the Italian fashion brand. Just a couple of weeks later on March 13, she said she was stepping down from her creative director role at the luxury brand after nearly 30 years. She had taken over from her brother after he was murdered in 1997, the last victim of a bizarre set of murders by a serial killer who killed himself a few days later. The brand became a symbol of Hollywood luxury and extravagance, best known for its imaginative patterns, bold colors and luxurious materials. Under Donatella's leadership, the Versace brand underwent a renaissance. Despite no formal fashion training, it regained its position in the global market, thanks in part to collaborations with musicians and celebrities. Versace once again became a symbol of the fashion world and reclaimed its luxury status. But now she'll take up a new role as the chief brand ambassador instead of creative director. Instead, in comes another major fashion brand, the Prada group, which already owns several other designer labels, including Miu Miu and luxury footwear brand Churches. They had in fact began to negotiate with Versace in February this year, and the deal was almost derailed by Donald Trump's announcement of reciprocal tariffs on US Trade partners, with companies facing higher costs to source materials. But today, the two Italian designers announced a deal with an estimated value of $1.36 billion. The deal comes as Versace has been operating at a loss amid a slowdown in demand for luxury fashion worldwide. Prada will be buying Versace from its current owners, Capri holdings, who paid almost a billion dollars more for Versace in 2018. But the union of Prada and Versace brings together two major Italian brands, creating a multi billion dollar luxury fashion group to compete with the likes of French luxury fashion conglomerates LVMH and Kering.
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Zing Singh
Charlotte Edwards. Still to come, we noticed that there.
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Simon Jack
Were these furry bindings and so people had said they were deer, people had said they were pig. And so you can imagine our surprise when we ran the analysis. It was like, what? What's going on?
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Zing Singh
We find out what the hairy books found in a French monastery were made of. I'm Xing Singh.
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Simon Jack
And I'm Simon Jack.
- [18:31]
Zing Singh
And together we host Good Bad Billionaire.
- [18:33]
Simon Jack
The podcast exploring the lives of some.
- [18:35]
Zing Singh
Of the world's richest people. In the new season, we're setting our sights on some big names. Yep, Lebron James and Martha Stewart, to.
- [18:42]
Simon Jack
Name just a few.
- [18:42]
Zing Singh
And as always, Simon and I are trying to decide whether we think they're.
- [18:46]
Kerry Allen
Good, good, bad or just another billionaire.
- [18:48]
Simon Jack
That's good Bad Billionaire from the BBC World Service.
- [18:51]
Zing Singh
Listen now wherever you get your BBC podcasts, you're listening to the global news podcast. Gaza is probably one of the most crowded strips of land anywhere in the world. One reason why there have been so many deaths since Israel responded to the unprecedented Hamas attacks a year and a half ago as a accuses a militant group of hiding behind civilians. Now, Israel's Defense Minister, Israel Katz, has said one of Gaza's main cities, Rafah, will become part of an expanded buffer zone in the south of the Strip.
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Simon Jack
The IDF is eliminating terrorists, locating and thwarting terrorist infrastructures and dismembering the Gaza Strip. Even in places like the Morag Corridor, where we have not operated to date, the population of Gaza is being evacuated from the fighting zones.
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Zing Singh
The Morag Corridor separates the Gaza Strip between Khan Younis and Rafah. Meanwhile, in Israel itself, the military says it will dismiss reservists who signed a letter demanding that the return of Israeli hostages should be prioritized over fighting Hamas. The Prime Minister, Benjamin Netanyahu, said their criticism was was unforgivable. Our correspondent in Jerusalem, Gary O'Donoghue, is following these developments. He began by telling me why Israel was expanding its buffer zone in southern Gaza to include Rafah.
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Gary O'Donoghue
Well, it's doing it for a few reasons. It believes that the more it squeezes Hamas inside Gaza, the more it expands the parts of Gaza that Israel controls, the more pressure it puts on Hamas to in particular release the hostages and of course, to reduce its influence over the population. So that's one reason. Another reason it's doing it is that it really wants to locate the civilian population nearer to the coast. And it looks as if Israel wants to take over the delivery and distribution of any aid effort. Now, no aid has been going into Gaza for more than a month now. There is talk about restarting that aid quite soon, possibly even next week. And what Israel wants to do is have control over that, take it out of the hands of Hamas for a start, who they accuse of stealing the fuel and the food, using it for its own purposes, to pay its fighters, etc. And also to bypass the aid agencies, which Israel deeply mistrusts.
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Zing Singh
So what has been the reaction to this?
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Gary O'Donoghue
It's complicated, the reaction, because, you know, there are clearly been a majority of people in Israel that support this war. They support the elimination of Hamas. But there are a lot of people who are also very, very ang that Israel has failed to bring all the hostages home and that Benjamin Netanyahu has failed to bring all the hostages home. So there are sort of competing feelings within Israelis minds about this. And certainly some believe that continuing the war, continuing to fight Hamas, makes that process of bringing the 59 remaining hostages, many of them already dead, bring them back home to their families.
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Zing Singh
And a sign of that anger is this letter that's been signed by reservists. But there's been a very strong response from the Israeli Prime Minister and the military.
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Gary O'Donoghue
Yeah, these are reservist pilots. Much of the air force is manned by reservist. Pilots. A lot of the people who've signed this letter retired, but some aren't. Some are still active reservists and they have said the priority should be bringing the hostages home, not prosecuting the war. And they accuse Benjamin Netanyahu going back to war for political reasons. And those who are still on active reserve duties are going to be fired as a result of this.
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Zing Singh
Gary O'Donoghue in Jerusalem. Britain is to provide Ukraine with another $450 million in military support with the money to be spent on new drones and to repair armored vehicles. The announcement was made as the UK And Germany prepare to chair the latest meeting of the Ukraine Defense Contact Group in Brussels on Friday. Until recently, it had been led by the United States. On Thursday, Britain and France chaired a meeting of 30 nations about providing long term security guarantees to Ukraine if a ceasefire is agreed. Here's our defence correspondent Jonathan Beale.
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Simon Jack
The Trump administration's relinquished U.S. leadership of the contact group set up three years ago to provide Ukraine with military support. The U.S. defense secretary will not even attend this latest meeting, nor was there any US Representation at yesterday's Coalition of the Willingness, a group of 30 nations led by the UK and France discussing long term security guarantees for Ukraine if there's a ceasefire. The British Defence Secretary, John Healey, said plans to send a reassurance force were well developed and substantial, but he still gave no details of which countries were willing to commit boots on the ground or how many troops would be needed. Some nations attending were still unclear about what it might involve. This is also about sending signals, not least to Washington, that European countries are willing to continue their support for Ukraine while President Trump tries to broker a ceasefire.
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Zing Singh
Jonathan Beale, A UN Report says that the Taliban's morality police in Afghanistan have been detaining men and their barbers under new laws over non compliant hairstyle and beard lengths. Here's Mike Thompson.
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Simon Jack
It seems no area of everyday life is beyond regulation for the Taliban's Ministry of Vice and Virtue. Under laws that came into effect six months ago, having the wrong hairstyle or length of beard is an offence. The UN Report says transgressors are being detained along with their barbers. Skipping prayers at the mosque is also landing men in trouble. Women, women who were already barred from education and work are now banned from public speaking and must cover their faces. A UN official said the laws provided a distressing vision for the country's future. The Taliban has rejected the criticism.
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Zing Singh
Mike Thompson, now let's take you to Kenya. We're a national high school school drama Competition has been overshadowed by a drama of its own. Police fired tear gas to disperse a crowd that had gathered to watch a play set in a fictional kingdom where young people have lost faith in their leaders. The play, called Echoes of War, features battles with the police and has drawn parallels with protests last year in which young Kenyans took to the streets to demonstrate against tax rises. Our reporter in Nairobi, Anita Nkonge, told us more.
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Anita Nkonge
The area where the national drama festival was going to take place had heavy police presence and journalists and the public who wanted to view the drama festival, particularly the play, under controversy. Echoes of War had gathered, but the police cordoned them off and shot out tear gas, dispersing these crowds. Students, unfortunately, got in the way of this as they were entering the school where the play was taking place. And what essentially happened was that audience members were banned from viewing the play, which is called Echoes of War. And the students who had decided to perform it stood up on stage, sang the national anthem, and then proceeded to announce that they were not going to perform the play because their director was missing and at the time he was arrested.
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Zing Singh
And why are the authorities so determined to stop people watching this play?
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Anita Nkonge
There are many schools that have been performing, but this particular school, Buteria Girls School, they seem to have been going through a lot of frustrations with this play. So, for example, last week there was a court order that had to be given allowing them to perform their play during the national festival. Initially, it had been banned. And some say it's because they believe that the play is a reflection of what is currently happening in the Kenyan government and is critiquing the president and the government on how they're dealing with the nation. There have been some assumptions that because of how popular this play has been and how well the students were performing it, that had they won or if they were to win this national competition, they would then have to perform it at State House in front of the president. And that could be potentially another reason why it seems that they have been frustrated consistently.
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Zing Singh
And some people are comparing the plot of the play to those protests last year against tax rises.
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Anita Nkonge
Precisely. So they're drawing parallels with it. For example, the social injustice, the trying to silence people who want to speak out, all things that we've seen and as well as proposed tax increases. That was exactly what was happening last year. Year.
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Zing Singh
And just remind us about those protests last year.
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Anita Nkonge
Generation Z, that that's the youth of, of today right now, took to the streets in Kenya protesting what they were saying was a taxation bill, that they were Saying would cause issues, you know, high cost of living, amongst many other issues that taxes would, would naturally bring. But what, what transpired then was that the protests turned violent. We saw a lot of police, police tear gassing protesters who were saying that they were peaceful. We saw some protesters barging into parliament. And then after that there were more protests about the police brutality. And we saw, then we began to see people getting abducted. The effects of what happened last year is still very prevalent in Kenya. It's still a discussion. People are still worried about the direction the government is taking the country.
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Zing Singh
Anita Nkonge in Nairobi. They're known as the hairy books because their covers have hairs on them. And now researchers analyzing medieval tomes found in a monastery in France have made a startling discovery. Imogen Rogers takes up the story. The 12th and 13th century books were found at the Cistercian monastery, Clairvaux Abbey and its daughter monasteries in northeastern France. Matthew Collins, a professor at the University of Cambridge and University of Copenhagen, was one of a group of researchers that analysed volumes of the books. He told us what he found on 43 of them.
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Simon Jack
We noticed that there were these furry bindings and so people have said they were deer. People had said they were pig. We were pretty sure they were deer. We'd analyzed deer before and so you can imagine our surprise when we ran the analysis. It was the proteins first and it didn't match with anything. It's like, what, what's going on? So what we then did is we generated protein sequence data for seals and lo, behold, they were seal skin.
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Zing Singh
Apparently the use of seal skin for manuscript covers was common in Scandinavian countries and in Ireland. However, its use in France was surprising to the researchers because the monasteries were not on the sea, they were inland. And even on the French coast, there was no evidence of any seals. In the Middle Ages, researchers say the monasteries may have had access to seal skin because they encountered the traders from Scandinavia. Elodie Levesque was another researcher on the project and says the discovery of the hairy books made of seal skin shows how extensive the medieval trade network was. We can actually know a lot about the trade and like the fact that monks were actually connected to the world.
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Anita Nkonge
That they had connections with the north and that the skins were coming from.
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Zing Singh
All the trade routes. You can say it's seal, but you can't really necessarily say which one. But bearded seal is one that you can actually recognize. And the beard bearded seal was definitely not in Europe at the time, so.
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Anita Nkonge
So that's another proof that the skins were coming from far away.
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Zing Singh
Cistercians are known for white clothing and objects, and therefore seal skin was probably chosen because of its light grey or white color. The monks may have not known that they were using seal skin at the time, as seals were rarely depicted in medieval art. And that report was by Imogen Rogers. And that's all from us for now. But there will be a new edition of the Global News Podcast later. If you want to comment on this podcast, you can send us an email. The address is globalpodcastbc.co.uk. this edition was mixed by Sid Dundon. The producer was Liam McSheffrey. The editor is Karen Martin. I'm Janet Jalil. Until next time. Goodbye. I'm Zing Singh.
- [31:27]
Simon Jack
And I'm Simon Jack.
- [31:28]
Zing Singh
And together we host Good Bad Billionaire.
- [31:30]
Simon Jack
The podcast exploring the lives of some of the world's richest people.
- [31:33]
Zing Singh
In the new season, we're setting our sights on some big names. Yep, LeBron James and Martha Stewart, to name just a few. And as always, Simon and I are trying to decide whether we think they're.
- [31:43]
Kerry Allen
Good, bad or just another billionaire.
- [31:45]
Simon Jack
That's good. Bad Billionaire from the BBC World Service.
- [31:48]
Zing Singh
Listen now, wherever you get your BBC podcasts.