Down to Business English

    a Business English podcast with Skip Montreux and Dez Morgan
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    With governments around the world looking everywhere and anywhere for places to cut costs, a huge target is often a nation’s healthcare system. Two healthcare areas that excessively drain health budgets budgets are Obesity & Smoking.

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    Dez:     Hello everyone, this is Dez Morgan here reporting in from Abu Dhabi in the UAE.

    Skip:     And I am Skip Montreux coming to you from Tokyo, Japan.

    Dez:     Welcome to an all new episode of Down to Business English.

     

    Skip:     So Dez, tell me, how is the healthy living going now that you have given up smoking?

    Dez:     Pretty good actually. I feel a lot better and I’m exercising more now that I don’t get out of breath all of the time. So on the whole life is certainly better.

    Skip:     Other people I know who have stopped smoking say that when they gave up, they started to eat more, especially chocolate and sweets.

    Dez:     Well yes that’s certainly happened to me too and it’s difficult to keep the weight off.

    Skip:     Well being a little overweight is probably better than smoking, isn’t it?

    Dez:     Well, surprisingly in overall terms, obesity is a much greater problem than smoking. The campaigns to stop smoking have been pretty successful over the last few years so in overall cost terms, in the UK, obesity costs the health service at least double what smoking does.

    Skip:     Wow! And that is our story today, so let’s do it. Let’s get D2B…. Down to Business with the real health costs of obesity and smoking and how they are a major drag on the economies of the developed world.

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    Since announcing its intention to become a Publicly traded company, Wall Street and the Tech world has been buzzing with speculation. Wall Street investors are focused on how much money is to be made while Tech experts are questioning what changes this will bring to the Social Media giant.

    Today on Down to Business English, Skip and Dez take a close look at what an IPO is, how this IPO might change Facebook, and is it a good investment?


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    Skip:     This is Skip Montreux in Tokyo Japan

    Dez:     And I’m Dez Morgan in Abu Dhabi in the UAE.

    Skip:     And you are listening to an all new episode of Down to Business English.

     

    Skip:     Good to hear your voice Dez. I trust that all is well with you.

    Dez:     Thanks Skip. As a matter of fact things are going really well at the moment.

    Skip:     Oh? Anything in particular happen to put you in such a perky mood?

    Dez:     Well it’s a culmination of things I suppose. I’ve been enjoying the weather recently, I’m working with a nice group of students at the moment, and to top it all off, my stock portfolio is starting to see a glimmer of hope.

    Skip:     That is good news indeed. I imagine more people in your position are seeing similar results with stock markets in North America and Asia slowly climbing back to the levels before the crash in 2008.

    Dez:     Perhaps, but managing your own stock portfolio is still a very tough slog.

    Skip:     Best left to the experts I suppose.

    Dez:     I wouldn’t recommend going it alone, unless you have a knack for doing research. It takes a lot of time to evaluate companies, look for trends, and take the pulse of world events.

    Skip:     Sounds very demanding. So I guess you are all up to date with what is happening with the recently announced Facebook IPO?

    Dez:     Well, embarrassingly enough, no I’m not. To tell the truth, I don’t invest that much in tech stocks or Internet companies, so I don’t follow them as closely as other sectors.

    Skip:     Oh, you are more into traditional investments?

    Dez:     Yes, I tend to stick with commodities for short term trades and large blue chip companies for the longer term. However I did hear their announcement last month about going public, but I’m not quite up to speed on the details.

    Skip:     No problem. If you can help by explaining what an IPO is, I will fill everyone in with the nitty gritty details the Facebook IPO.

    Dez:     Yeah, sounds fair.

    Skip:     So lets do it. Let’s get D2B…Down to Business with Facebook’s IPO: what is it, how will it change Facebook, and most importantly—is it a good investment?

    continue reading…

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    We live in an age where Technology and the Internet is changing our lives at an ever quickening pace. How have these changes impacted the way we work? What changes are in store in the future? Today on Down to Business we look at the Future of Work: 10 Ways Work is Changing.

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    Dez:     Hello everyone, this is Dez Morgan in Abu Dhabi, the UAE.

    Skip:     And I’m Skip Montreux in Tokyo, Japan.

    Dez:    Welcome to an all new episode of Down to Business English.

     

    Dez:     So Skip, how’s life treating you at the moment?

    Skip:     Nothing particularly special. I’ve been very busy at work as usual but then that is hardly news is it?

    Dez:     No I guess not. You always seem to have some project on the go.

    Skip:     Yes, it’s never ending. The real problem though, is that with a computer and an Internet connection I can always finish off things from home. These days I really can’t escape the office.

    Dez:    Interesting you should say that as the BBC has a special series of interviews running through February on how people’s working lives have changed and how these changes will accelerate into the future.

    Skip:     Sounds like an interesting topic for a show. So let’s do it, let’s get D2B…Down to Business with 10 key ways that the world of work is changing and will continue to change in the future.

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    We live in a free market economy where the prices of goods are decided by market forces. Right? Well not always. Today on Down to Business English Skip & Dez discuss 2 major Japanese companies and 2 Korean companies that have been caught price fixing.

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    Skip:     Hello everyone this is Skip Montreux reporting in from Tokyo, Japan.

    Dez:     And this is Dez Morgan still in Abu Dhabi.

    Skip:     Welcome to a new episode of Down to Business English.

     

    Skip:     So how have you been Dez?

    Dez:    Not too bad, an expensive month this month though as I think I need to get a new computer. The DVD player has gone and it has become really slow.

    Skip:     A new computer?! I see something that’s all silver metal and shiny with a very, very big…

    Dez:     Yeah, I know with a big lit up apple on the case. Apples are too expensive anyway.

    Skip:     I suppose it’s because Apple has no real competition whereas in the PC market, competition is cutthroat.

    Dez:     Well competition is at the heart of capitalism I guess.

    Skip:     That may be true but I know of two Japanese auto parts firms that don’t agree with you Dez.

    Dez:     Really?

    Skip:     No. And that is our story for today. So let’s do it, let’s get D2B Down to Business with price fixing and why it’s not okay for two competing companies to agree on prices in secret, as well as one other unfair, but fairly common trading practice.

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    On today’s special episode of Down to Business English Unplugged, Skip and Dez discuss SOPA, PIPA & Davos.

    Audio scripts for ‘Unplugged’ episodes are available for $US 2.99 from the Down to Business English Website.

    Audio scripts for regular episodes will remain FREE of Charge.

    Thanks for supporting the show!!

    Unplugged Audio Script PDF

    US$ 2.99

    Skip:   This is Skip Montreux in Tokyo, Japan.
    Dez:    And this is Dez Morgan in Abu Dhabi.
    Skip:   And you are listening to Down to Business English Unplugged.

    Dez:    So what do you mean by unplugged?
    Skip:   Well, unplugged simply means that today, rather than reading from a written story, you and I are just going to talk naturally about our news topics.
    Dez:    Okay, you mean like the one we did a year ago on the Japanese earthquake?
    Skip:   Exactly. In fact, after that episode which we just improvised, we received a lot of feedback, positive feedback from listeners wanting to hear more of that naturally spoken English, so we thought we would try it again.
    Dez:     We did. It wasn’t just because we were too lazy to write a script, really.
    Skip:    Well, it was my turn, wasn’t it, and I didn’t get that done, sorry. But anyway, here we go.
    Dez:     Okay, well there are two things I need to tell people that are different. Because this is unplugged, we’re just talking, it would take an awful long time to write, to transcribe what we’re saying. So we’re going to use an outside transcription service, so there will be a small charge this time. I hope that’s okay] And the other difference is there’ll be two topics. I’ll have a topic and Skip will have a topic
    Skip:    So….
    Dez:    My topic
    Skip:    Sorry Dez, go ahead.
    Dez:    Yes sorry, my topic will be on the Davos Summit.
    Skip:    Yes, and I will be speaking about SOPA and PIPA from the United States. So without any more ado, let’s get Down to Business with SOPA, PIPA and Davos.

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    In retaliation to the increasing number of economic sanctions being placed on them, Iran has threatened to close down the Straight of Hormuz. The economic impact of this vital waterway will has far reaching effects. Today on Down to Business English, Skip and Dez look at the economic sanctions against Iran and how they could possibly effect the future of oil prices.

    Skip:    Hello everyone this is Skip Montreux coming to you from Tokyo, Japan.

    Dez:    And this is Dez Morgan reporting from Abu Dhabi in the UAE.

    Skip:   Welcome everyone to an all new episode of Down to Business English.

     

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    Dez:     Yes, Welcome everyone.

    Skip:     Dez can I ask you a question?

    Dez:     Fire away.

    Skip:     I was wondering how close are you to the Straits of Hormuz?

    Dez:     Pretty close really. If you went north from Abu Dhabi, past Dubai to the end of the peninsula and looked into the sea then you would be looking at the Straits of Hormuz.

    Skip:     Now, I’m sure you know why I asked that question.

    Dez:     Something to do with the country on the other side of the Straits?

    Skip:     That’s right and that country-Iran- has a big disagreement with the West and especially the US.

    Dez:     And that is our topic for today; so let’s do it let’s get D2B…. Down to Business with the economic sanctions against Iran and how they could effect the price of oil in the future.

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    Unemployment

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    From America to Africa, unemployment rates around the globe continue to climb. Where is it a problem and who is suffering the most? The answers to these two questions and more on today's episode of Down to Business English.

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    Dez:     Hello everyone this is Dez Morgan here coming to you from Abu Dhabi.

    Skip:     And this is Skip Montreux reporting from Tokyo, Japan. And you are listening to an all new episode of Down to Business English.

    Dez:     I’d like to wish all of our listeners a happy and prosperous 2012.

    Skip:     Yes, Happy New Year to everyone and of course to you Dez.

    Dez:     Thanks Skip and a happy new year to you too. Did you make any new year’s resolutions this year and then break them already?

    Skip:     Funny you should ask. I did resolve to cut down on my smoking and I even managed to quit for a little while.

    Dez:     Well done.

    Skip:     Well I have been worried about my health for some time now. And on top of that, here in Japan cigarette prices have been on the rise, so there is a financial incentive as well to cut down or quit.

    Dez:     Did you know that in a recent BBC survey, conducted in 23 different countries on what people worry about, rising inflation was the third most talked about topic.

    Skip:     Really? What other topics were people worried about?

    Dez:     Well the most talked about was corruption, then poverty, followed by unemployment and rising costs in joint third place. The interesting point though was that unemployment was the fastest growing worry with 18% of people saying they worried about it compared to only 3% when the survey started in 2009.

    Skip:     With the world economies the way they are at the moment I can see why people are worried by unemployment.

    Dez:     Being unemployed again is certainly something that worries me.

    Skip:     You are not alone. And that is our topic for today, so let’s do it lets get D2B...Down to Business with Unemployment: Where is it a problem and who is suffering the most?

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    With all the economic bad news being reported out of Europe and the U.S. this year, it is easy to forget that some economies are actually doing quite well. In today’s episode of Down to Business English, Dez Morgan reports on economies that are bucking the trend and are doing quite well.

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    Skip:     Hello everyone this is Skip Montreux reporting in from Tokyo.

    Dez:     And this is Dez Morgan here reporting as usual from Abu Dhabi.

    Skip:     You are listening to Down to Business English the show that helps you learn useful business words and phrases by looking at business news from around the world.

    Dez:     Now to begin Skip, you might remember on the last show I talked about my trip to Beirut, Lebanon and said that the economy there seemed to be bucking the trend and was still growing.

    Skip:     Yes I remember, and I commented that it would be a good topic for a future show.

    Dez:     To use a popular expression, the future is now. We have really focused on all the bad news coming out of Europe recently and the poor health of the global economy in general, I thought it would be good to report on good news for once.

    Skip:     And other than what you saw in Lebanon, is there good news to report on?

    Dez:     I’m happy to say, yes there is.

    Skip:     Great, so let’s do it. Let’s get D2B Down to Business with Lebanon and some other happy economies that are bucking the trend. Who are they and what are their secrets?

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    The battle for top spot in the automotive industry is the focus of today’s show. Currently the title of No.1 automotive maker goes to Volkswagen; the German manufacturer. How did they get to the top? How long will they stay there? These questions and more in this episode of Down to Business English.

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    Dez:     This is Dez Morgan here reporting in from Abu Dhabi in the UAE.
    Skip:     And I am Skip Montreux coming to you from Tokyo, Japan.
    Dez:     And you’re listening to the latest episode of Down to Business English.
    Skip:     So Dez you are back in Abu Dhabi again after yet another of your holidays, so good of you to grace us with your company.
    Dez:     This was only a 4 day trip and I did it all for our listeners.
    Skip:     Oh sure you did, but anyway how was your trip to…Beirut, wasn’t it?
    Dez:     That’s right and it was great. Beirut is a beautiful city and interestingly is one of the few places around the world that is bucking the trend and remains in a solid growth pattern.
    Skip:     Countries around the world that are bucking the trend. That sounds like a story we should definitely do here on the show.
    Dez:     I imagine all of our listeners need a bit of cheering up so that will certainly be something we will discuss in the near future.
    Skip:     Returning to Beirut. Did it seem to be prospering?
    Dez:     It certainly did. The restaurants and bars were all doing a roaring trade, new cars everywhere and all of the top name boutiques seemingly doing great business.
    Skip:     New cars everywhere. Did you see many Volkswagens?
    Dez:     Strange that you would ask but no, mostly Mercedes and American cars.
    Skip:     That is surprising as VW has just overtaken Toyota in the top spot as the biggest car manufacturer in terms of units sold.
    Dez:     Really?
    Skip:     Yes indeed and that is our story for today so let’s do it, let’s get D2B with the auto industry; who is on top and why and how long can they expect to stay there?

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    Cybercrime & Identity theft are growing threats to corporations and individuals. Who are the victims of Cybercrime? How much is it costing those who are attacked? This and more on today’s episode of Down to Business English.

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    Skip:     This is Skip Montreux signing in from Tokyo Japan.

    Dez:     And this is Dez Morgan coming to you from Abu Dhabi.

    Skip:     And you are listening to Down to Business English.
    Skip:     So Dez how is life treating you?

    Dez:     No complaints. I have a short holiday coming up in November to Beirut which I am really looking forward to.

    Skip:     Sounds really good, maybe you can let our listeners know how that goes.

    Dez:     I will certainly do that even if it is not quite a business story.

    Skip:     Dez, don’t forget to contact your bank and tell them where you will be traveling to. Last year when I traveled to Canada I forgot to do that and ended up having lots of trouble using my credit and debit cards.

    Dez:    Yeah, I guess they do that for security reasons.

    Skip:     Well yes, computer hacking and identity theft is a huge problem for banks and institutions around the world.

    Dez:     Let me ask you a question. What have the XBox, the Sony Playstation and the International Monetary Fund, or IMF for short, got in common?

    Skip:     Well 2 of them are gaming consoles but I can’t imagine what they have in common with the IMF.

    Dez:     It is something to do with the Internet.

    Skip:     Is it connected with Internet security?

    Dez:     Well done. Microsoft the makers of the XBox had their website hacked recently and Sony and the IMF were hacked back at the beginning of the summer.

    Skip:     I knew about the Sony and IMF stories but didn’t realize that Microsoft had also been a victim of online security breaches.

    Dez:     No one is safe it seems. And that is the topic for our story today.The impact of cybercrime.

    Skip:     Great. So lets do it. Let’s get D2B, Down to Business with cybercrime and identity theft. How much does it cost and who have been recent victims?
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