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Episode details

World Service,29 Apr 2021,26 mins

US economy accelerates as recovery continues

World Business Report

Available for over a year

In the first three months of 2021 the US economy grew at an annual rate of 6.4%. The figures were released shortly after President Biden outlined his proposals for an infrastructure overhaul for the country to a joint session of Congress. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget. Today, India again reported record numbers of new cases and deaths. Many of India's largest companies are switching production to try and help the situation. The Tata Group is one of the countries oldest and largest companies. Its steel plant are now concentration on producing oxygen. We hear from Chanakya Chaudhary, the Vice President of Corporate Services. Also in the programme, the BBC's Benjie Guy examines Brazil's palm oil industry, where some believe the pesticides used to produce the commodity are damaging people's health. Plus, to crack down on counterfeits, online auction site eBay is launching a scheme to authenticate high-value trainers on its platform in the UK. We find out more about the move from Courtney Wilkins of the exhibition Sneaker Con, who is also a trainer authenticator. (Picture: Shoppers queue in New York. Picture credit: Getty Images.)

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