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Business Matters: US economy accelerates

biden afp.jpg

30/04/2021 GMT

US economy accelerates

BBC World Service - Business Matters, US economy accelerates

Joe Biden has laid out a sweeping investment plan for jobs, education and social care

President Biden has been speaking at a rally in the US state of Georgia to mark his one hundredth day in office. The US economy grew at an annual rate of 6.4% in the first quarter of the year, after 4.3% in q4 of 2020. And President  Biden said he wanted to ensure Americans workers were better paid and more help for those who struggling to make ends meet. We consider the prospects for the US economy with Marc Goldwein of the Committee for a Responsible Federal Budget and Cary Leahy from Decision Economics.

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 - Mark Zuckerberg has been attending  a meme conference organised by Instagram and we hear from Ben Lashes, who manages some of the biggest meme stars making millions out of licensing and non-fungible tokens.

PHOTO: Joe Biden/AFP

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