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Business Weekly Archive: Ash, cash and balls

23/04/2010

Ash, cash and balls

BBC World Service - Business Weekly Archive, Ash, cash and balls

The cost of dodging volcanic fall-out and  the truth about Spain's labour laws.

Volcanic ash from Iceland forced a chief executive onto a bus. Plus Spanish students on sky-high unemployment. And watch the birdie, in China. The unstoppable rise of golf.

Only now are the skies starting to clear after the outpourings of the Icelandic volcano closed down air travel over North Atlantic and much of Europe. There was a tongue in cheek view in Britain that it was all a misunderstanding.  Britain, in a financial dispute, had told Iceland to "send cash". Iceland misheard, and sent ash. 

Business Weekly finds out how a grounded chief executive Pedro Beitra, got from Madrid to London - with a lot of good humour - and some Spanish smoked meat. 

Also can Spain's unions and employers reach agreement on labour reforms, which would free up its inflexible job market?
We hear from Spanish students and economist Professor Luis Garicano from the London School of Economics.

And the rise of barter in New York. What you can get in exchange for your goods, like singing lessons. 

Plus David Goldblatt reflects on the craze for golf in China and on what it costs to tee off.

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