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Business Matters: Brazil Dam Burst: Environmental Damage Spreading Down River

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Brazil Dam Burst: Environmental Damage Spreading Down River

05/12/2015 GMT

BBC World Service - Business Matters, Brazil Dam Burst: Environmental Damage Spreading Down River

It is a month since a catastrophic dam burst in Brazil. Are the dam owners doing enough?

It's a month since a dam burst in eastern Brazil, killing 13 people and displacing hundreds. The BBC's Daniel Gallas reports from affected villages downstream.

It is a month since a catastrophic dam burst in eastern Brazil. Waste from the Samarco mine, owned equally by two global mining giants Vale and BHP Billiton, killed 13 people. Many hundreds of people were displaced in the disaster as 60,000 tonnes of toxic waste from the mine and mud swallowed up entire villages below the dam. The Brazilian government is seeking US$5.2bn in damages. The BBC's Daniel Gallas reported from the breached dam a month ago. He has now gone to see how people and villages much further down the River Doce have been affected.

Venezuelans are preparing to vote for a new parliament on Sunday. However, recession, shortages of basic goods and the highest inflation rate in the world have stoked expectations that the ruling socialist government could lose. We get more from the BBC's Daniel Pardo in Caracas. 

Also on the programme, China's President Xi Jinping has announced a $60bn financial package to fund African development. Speaking at the China-Africa Summit in Johannesburg the President said he was convinced that African countries and people were embracing a new era. South Africa's President Jacob Zuma, who is joint host at the summit, welcomed Africa and China's deepening partnership. We speak to the BBC's Africa correspondent, Karen Allen.

We're joined by our US partner programme Marketplace and take a look at the thriving business of old clothes. Luxury consignment company The RealReal has found success reselling high-end fashion. We'll hear from CEO Julie Wainwright.

And where's the best place to live as an expat these days? HSBC has surveyed 22,000 expats around the world. We'll bring you the results. 

Presenter Roger Hearing is joined throughout the hour by Colin Peacock from Radio New Zealand.

Picture: Protesters spread mud on the facade of the Vale headquarters in Rio de Janeiro. Picture Credit: AFP

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