PODCAST: Delays on the horizon, Austerity in the rear-view

Deputy leader of the centre left Democratic Party Enrico Letta talks to the press after being appointed by President Giorgio Napolitano to form a new government at Palazzo del Quirinale on April 24, 2013 in Rome, Italy.

How are airlines managing the flight delays related to sequester furloughs, and their impact on flyer morale and costs?

After two months of  political stalemate, Italy has a new prime minister. Italy's President named Enrico Letta, of the center-left Democratic Party, premier and asked him to form a government. Letta announced that he intends to fight the move towards austerity in Europe -- investors applauded and Italy’s borrowing costs fell.

Who bears responsibility for substandard safety conditions in overseas factories? At least 194 people have died in Bangladesh after the collapse yesterday of a building that housed a number of clothing factories -- factories which were reportedly making products for major brands all around the world.

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.

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