FTX founder Sam Bankman-Fried arrested in Bahamas

Business Matters - A podcast by BBC World Service

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The arrest comes after the US filed criminal charges against former CEO of disgraced crypto firm. We hear the latest about the collapse of the $32bn company. As temperatures fall in the US and Europe, we take a look at the growing demand of natural gas and the impact it's having on prices. Also in the programme, we explore the ecosystems of innovation that brought us transistors, the devices that changed everything. And the tech war between China and the US over advanced semiconductors is rapidly heating up with new players joining the row. Join us to find out who they are. Sam Fenwick discusses these and more business news throughout the programme with two guests on opposite sides of the world: Peter Morici, an economist at the University of Maryland, and Sushma Ramachandran, an independent business journalist in New Delhi. (Picture: The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, US. Picture credit: Reuters)