Mortgage rates hit a new low. Google reports weaker-than-expected earnings. Yahoo!'s co-founder resigns. And Apple launches a new initiative. Our analysts discuss those stores and share some stocks on their radar. Plus, Yum! CEO David Novak shares his thoughts on leadership, China, and the Colonel's secret recipe.
Andrew Marr looks for solutions to the current global crisis. Detlev Schlichter dismisses the practice of printing more money in times of recession, arguing that in the next decade our reliance on paper money will collapse, and he proposes a return to hard commodities, like gold. The historian Philip Coggan pits creditors against debtors, tax payers against public sector workers, and believes it's time for a new monetary system to emerge. The Labour peer, Lord Glasman thinks we need to change the relationship between parliament and the market. And Angela Knight sticks up for the bankers, insisting they hold the key to the crisis, so deserve both a bonus and a bit of respect.
Producer: Katy Hickman.
President Hugo Chavez of Venezuela thinks the US may have developed a secret technology to give him and other Latin American leaders cancer. He said the fact that several presidents have had cancer is "difficult to explain using the law of probabilities". Is he right? Tim Harford speaks to Dr Eduardo Cazap, president of the Union of International Cancer Control. Plus, it is often said that there are more Malawian doctors in the British city of Manchester than there are in Malawi. Can this be true? And if professionals emigrate is it always bad news for the country they leave? The programme hears from John Lwanda, a Malawian doctor based in the UK; and Robert Guest, author of "Borderless Economics". This programme was originally broadcast on the BBC World Service.
Natural gas prices hit a 2.5 year low. Six big hotel chains launch up a new online service. Google cranks up its presence in China. And Sears deals with new financial woes. On this week's show, our analysts discuss those stories and share some stocks on their radar. Plus, we talk with Peter Schweizer, author of Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison.
High Speed rail - Tim Harford speaks to railway consultant Chris Stokes and Alison Munro from HS2 Ltd. He investigates the different measures of the rise in executive pay with Steve Tatton from Income Data Services and Sarah Wilson from research group Manifest. And resolves a four year-old bet on climate change between climate scientist James Annan and astrophysicist David Whitehouse and Wesley Stephenson looks behind the figures for youth unemployment in Spain.