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Brazil Merges Ministries

The latest business and finance news from around the world, on the BBC.

Brazilian President-elect Jair Bolsonaro has announced he's merging the ministries of agriculture and the environment and critics are worried the move could endanger the Amazon rainforest and Brazil's other sensitive areas such as the Cerrado savannah. We hear from South American Business Correspondent Daniel Gallas in Sao Paulo. China's billoinaires club is growing and entrepreneurs are leading the way - with two new billionaires created each week. Swiss bank UBS has been looking at the data and we hear from their head of Ultra High Net Worth, Josef Stadler. The issue of immigration has taken centre stage days ahead of the US midterm elections. Our regular US economic commentator Irwin Stelzer of the Hudson Institute considers how the debate is playing out. We have a report from the island of Samoa on the potentially disastrous impact it could face as a result of climate change. Plus on Halloween, Annabelle Timsit of the US website Quartz tells us about the growing global economic impact of the event.

Picture: Jair Bolsonaro. Credit: Getty Images.

27 minutes

Broadcast

  • Wed 31 Oct 201822:32GMT