Down to Business English

a Business English podcast with Skip Montreux and Dez Morgan
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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.

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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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Tax Havens

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What is a Tax Haven? Where are they?  How do individuals and corporations use them to lower the amount of tax they pay to governments.

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This is Dez Morgan here in Abu Dhabi reporting in with a solo episode. My partner at D2B, Skip Montreux is snowed under at work at the moment so unfortunately you will have to listen to me talking away by myself.
Today on Down to Business English I’ll be looking at the topic of Tax Havens: How they work and who benefits from them?

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On Oct. 26 ANA was the first airline to take to the sky with Boeing’s new 787 Dreamliner. What is it about this aircraft that have many experts calling it a revolutionary game changer for the airline industry. Why has it taken so long to get it into the air? Today on Down to Business English we answer these questions and more.

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Dez:    This is Dez Morgan here reporting from Abu Dhabi UAE

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

Dez:    And you’re listening to Down to Business English.

Dez:    Welcome back to Down to Business English everyone. The program that talks about current business news making headlines around the world.

Skip:    If you use English in your business life, or are a student who hopes to use English in your career, this is the show to listen to.

Dez:    So Skip, how have you been?

Skip:     I’m doing well thank you. The only real concerns I have at the moment are about the above average radiation readings that are popping up all over the place around the Tokyo area.

Dez:    Is that right? That does sound worrying.

Skip:     Yes it is. And what is even more confusing is the Japanese government saying that it is not conclusive that this radiation is actually coming from the nuclear crisis in Fukushima.

Dez:     Really?! Where else could it be coming from?

Skip:     Media reports say that some of it could be coming from radium used in paint production and could have been lying around for years. It’s only being noticed now because citizens are being more proactive monitoring radiation levels.

Dez:     That really does not sound good. People must be quite anxious.

Skip:     Yes, everyone is. Sales and rentals of Geiger counters are going through the roof as no one completely trusts the information coming from the government.

Dez:    That’s terrible. But I’m sure that the government doesn’t want to panic people unnecessarily.

Skip:    And I can understand that. But there is a difference between reporting accurate information and hiding the facts. Anyway, it’s not all doom and gloom coming out of Japan. In fact, just recently a milestone event took place that has a strong connection to Japan.

Dez:    And what event was that?

Skip:    It was the maiden passenger flight of Boeing’s new 787 Dreamliner aircraft.

Dez:    Oh that’s right. The Dreamliner had its very first flight recently didn’t it? It has been touted by Boeing as being a complete game changer for the Airline industry. And what exactly is the connection between the Dreamliner and Japan?

Skip:     Well the first airline to put the Dreamliner into service is ANA, All Nippon Airlines, and on Oct 26, they carried their first passengers from Tokyo’s Narita Airport to Hong Kong.

Dez:    Congratulations to Boeing and ANA. But the story of Boeing’s Dreamliner 787 has been full of setbacks and delays. Wasn’t it supposed to have gone into service a couple of years ago?

Skip:     That’s right. It was initially scheduled to go into service way back in August of 2007 actually. But production setbacks postponed it a full 3 years.

Dez:    Well, better late than never?

Skip:    Maybe. Today on Down to Business English we will be reporting on the Boeing 787 Dreamliner. We will look at what makes it different from the competition, how it may revolutionize the air travel industry, and what challenges Boeing faces to make the project profitable.

Dez:    Great. Let’s do it. Let’s get D2B…Down to Business with the Dreamliner, the future of air travel?

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Today we talk about recent developments on two stories we have covered on Down to Business English: Gold & Digital Print Media

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

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

Skip:    And you are listening to Down to Business English

Skip:     A great big warm hello to all of our listeners. Thank you so much for downloading  Down to Business English today.

Dez:     And an even warmer welcome to any of you listening in for the first time.

Skip:    I second that. I’m glad you have found us. So Dez how are things going with you?

Dez:     Pretty hectic actually, what with work and my private life I seem to be all over the place at the moment.

Skip:     Welcome to my world Mr. Morgan. My life is always hectic and there just never seems to be enough hours in the day to get things done.

Dez:    I’ll tell you something else that is all over the place.

Skip:     OK and what would that be?

Dez:     Today’s episode of Down to Business English, that’s what.

Skip:     What do you mean by that exactly?

Dez:    Well, so many of the stories that we have covered so far on D2B have really developed since being recorded. I thought that on today’s episode we could have something of a round up edition.

Skip:     A round up edition? An update to some of our past stories.

Dez:     That’s what I was thinking, yes.

Skip:    That is a brilliant idea.

Dez:    So let’s do it let’s get D2B Down to Business the round up edition. continue reading…