UPDATE: Biden signs 'existential' executive orders on environment - a podcast by BBC World Service

President Biden's orders aim to freeze new oil and gas leases on public lands and double offshore wind-produced energy by 2030. They are expected to meet stiff resistance from the energy industry and come as a sea change from Donald Trump, who cut environmental protections.

The International Olympic Committee say they are "fully concentrated and committed to the successful and safe delivery" of the Games. However, as we know, nothing is certain when it comes to a pandemic, and much of Japan is still under a state of emergency. We explore what the options might be with Andrew Zimbalist, a professor of economics at Smith College and the author of Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup.

Plus, we have the latest on the US markets from Susan Schmidt from Aviva Investors.

Further episodes of World Business Report

Further podcasts by BBC World Service

Website of BBC World Service