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Business Matters: Biden signs 'existential' executive orders on climate

UK to introduce hotel quarantine

28/01/2021 GMT

Biden signs 'existential' executive orders on climate

BBC World Service - Business Matters, Biden signs 'existential' executive orders on climate

They including a new ban on some energy drilling

President Biden's orders aim to freeze new oil and gas leases on public lands and double offshore wind-produced energy by 2030. They are expected to meet stiff resistance from the energy industry and come as a sea change from Donald Trump, who cut environmental protections.

Also in the programme, tech stocks have had another big day with Apple reporting their highest ever net profit.

We ask how games retailer, GameStop, found itself at the centre of a groundbreaking battle between Wall Street and small investors.

Plus - the International Olympic Committee say they are "fully concentrated and committed to the successful and safe delivery" of the Games. However, as we know, nothing is certain when it comes to a pandemic, and much of Japan is still under a state of emergency. We explore what the options might be with Andrew Zimbalist, a professor of economics at Smith College and the author of Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup.

And - canine companions are back in the White House. While people are getting excited about Champ and Major Biden, we hear about one-legged roosters , gifted ponies and other beloved pets of past US presidents from Andrew Hager, historian-in-residence of the Presidential Pet Museum.

PHOTO: Joe Biden/Getty Images

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