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The latest business and finance news from around the world from the BBC


Australia Coal Mine Project Raises Fears for Great Barrier Reef

October 15th, 2015

Episode 520 of 1091 episodes

Australia permits a huge coal mine, despite fears of environmental damage. We analyse the economic merits of the project, which Greenpeace says will damage the Great Barrier Reef. Europe's migrant crisis has once again dominated an EU summit in Brussels. Millions of people have fled conflict in Syria, Iraq and Afghanistan to seek a new life in Europe, while politicians struggle to get to grips with the challenge of dealing with the influx of migrants. We hear about the plight of migrants from the BBC's Ed Thomas, who has spent the past few weeks with many of them in Macedonia, Hungary, Serbia and Greece. Italy's centre-left government has approved an expansionary budget, designed to ensure economic recovery takes off next year. But will it work? We hear the view of Lorenzo Codogno, from the London School of Economics, formerly Chief Economist of the Italian Treasury. British MPs have been grilling the head of Volkswagen's UK operation, as the scandal over cheating emissions tests continues. VW's Paul Willis has apologised again, but what are British politicians making of it? We hear from the chairman of the House of Commons Environmental Audit Committee, Huw Irranca-Davies. India is renowned as a nation of tea drinkers, but coffee is fast becoming the beverage of choice, with more cafes opening signalling a change in the country's culture. We get a report from the BBC's Yogita Limaye on the beverage choice that is becoming big business for chains of cafes in India.

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