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European Union updates industrial strategy: The European Union has revealed an updated industrial strategy for a post-pandemic world.

European Union updates industrial strategy: The European Union has revealed an updated industrial strategy for a post-pandemic world.

FromWorld Business Report


European Union updates industrial strategy: The European Union has revealed an updated industrial strategy for a post-pandemic world.

FromWorld Business Report

ratings:
Length:
27 minutes
Released:
May 5, 2021
Format:
Podcast Episode

Description

The European Union has revealed an updated industrial strategy for a post-pandemic world. The BBC's Andrew Walker talks us through the plan, which aims to cut dependency on Chinese supply chains in areas like semiconductors and pharmaceuticals. The EU also wants to become a leader in electric vehicle batteries, and Diego Pavia, chief executive of Innoenergy, which coordinates the European Battery Alliance, assesses that goal. And we examine the possible environmental impact of the new approach with Doreen Fedrigo of the Climate Action Network Europe. Also in the programme, college sports in the United States are a big business, but the athletes taking part have typically been compensated through scholarships rather than salaries. But there's now a drive across the country to pass laws enabling college sports stars to earn money through sponsorship, or name, image and likeness deals. Courtney Altemus is a financial advisor who discusses how college sports worked til recently. Hayley Hodson is a former volleyball star who was part of the push for a name, image and likeness law that has now been passed in California. And Iowa state senator Brad Zaun tells us why there is now a race on to pass such laws in states across the US. Plus, the Swedish furniture retailer Ikea has launched a scheme in the UK to buy unwanted furniture back from its customers, in a bid to save items from going to landfill. Hege Saebjornsen is the company's sustainability manager for the UK and Ireland explains how it works.
Released:
May 5, 2021
Format:
Podcast Episode