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Explosive Oil

US authorities warn that a new Bakken shale oil may be more flammable than normal crude. Plus we talk Chinese isolation with guests in Beijing and New York.

US authorities warn that a new Bakken shale oil, that has exploded in three big accidents in the past year, may be more flammable than normal crude. One monitor tells us it needs stronger containers.

Panama's president says he'll fly to Europe to try to sort out a dispute over a $1.6 billion cost overrun in updating the 100 year-old Panama Canal. But could the whole project end up half-baked?

And what we're not watching any more. What do advertisers gain when viewers with modern TVs can fast forward through the commercial breaks?

Plus we talk about whether China will be more isolated in 2014 with Anne Stevenson-Yang author of "China Alone" of J Capital research in Beijing and Gordon Chang of author of "The Coming Collapse of China" in New York.

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55 minutes

Last on

Fri 3 Jan 2014 01:06GMT

Broadcast

  • Fri 3 Jan 2014 01:06GMT

Podcast