The Business

    Saturday 10 - 11am

    The Business with George Lee Saturday 18 January 2014


    The Business

    A weekly look at the world of business and personal finance with George Lee

    Ireland Gets An Upgrade

    In July 2011 the ratings agency Moody downgraded Ireland's credit ranking to junk bond status. That all changed last night when Moody's restored Ireland's investment grade status and upgraded the outlook for Ireland to positive. We're joined from Limerick by Minister for Finance Michael Noonan. We also speak to Sean Byrne of DIT and financial analyst Paul Sommerville about the move.

    The Irish Building Russia

    As our construction industry struggled in the wake of the property crash, many Irish builders were forced to look overseas for new opportunities. Diarmaid Fleming reports from Moscow on some of those who managed to cash-in on the building boom in Russia.

    The Coder Cashing In On Car Rental

    If you're of a certain age, you might have fond memories of the "Michael Jackson's Moonwalker" videogame. The man behind that game is Bobby Healy. He went on to develop the booking system now used by 80% of the world's airlines, which he later sold for millions. Now the Chief Technical Officer of Car Trawler, he joins us in studio.

    The Cannabis Capitalists

    Earlier this month, the first ever legal sale of recreational marijuana in America took place in Denver, Colorado. With Washington State set to follow in the months ahead, huge commercial opportunities for a new business class - that some label "Gangapreneurs" - are beginning to open up. Eleazar Melendez of the Daily Business Review joins us to explain.

    Recalling Our Communications Past

    Many of the telephone boxes you see around the country these days are in a fairly sorry state, but that may be about to change. A company called iPoint is hoping to turn them into wi-fi hubs in Dublin city centre. Liam Geraghty has been hearing people's memories of the phone box.

    Music Played on the Show

    • Title: Three Little Birds
      Performer(s): Bob Marley & The Wailers
      Album: Legend (Remastered)
      Duration: 0:03:15
    • Title: Carrots for Rabbits
      Composer: Gerry Mulligan
      Performer(s): GERRY MULLIGAN and Johnny
      Duration: 0:00:25

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