{"podcast":{"title":"Big Boss Interview","slug":"big-boss-interview-316999","podcast_index_feed_id":316999,"rss_url":"https://podcasts.files.bbci.co.uk/p016tl04.rss","website_url":"http://www.bbc.co.uk/programmes/p016tl04","image_url":"http://ichef.bbci.co.uk/images/ic/3000x3000/p0m4j7fr.jpg","author":"BBC","episode_count":266,"summary":"Big Boss Interview is where the most high-profile chief executives and entrepreneurs come to give you their insights and experiences of running the world's biggest and well-known businesses. The series is presented by Sean Farrington, Felicity Hannah and Will Bain, who you'd normally hear presenting the business news on BBC Radio 4's Today programme as well as BBC 5 Live's Wake Up To Money. Each week they'll be finding out just what it takes to run a huge organisation and what the day to day challenges and opportunities are. You can get in contact with the team by emailing bigboss@bbc.co.uk","last_synced_at":"2026-07-16T10:20:46.494996+00:00","page_url":"https://stenobird.com/podcast/big-boss-interview-316999"},"episode":{"title":"#32 BlackRock CEO: Global Recession Looms if Iran War Continues","slug":"32-blackrock-ceo-global-recession-looms-if-iran-war-continues","published_at":"2026-03-25T00:01:00+00:00","page_url":"https://stenobird.com/podcast/big-boss-interview-316999/32-blackrock-ceo-global-recession-looms-if-iran-war-continues","show_page_url":"https://stenobird.com/podcast/big-boss-interview-316999","url":"http://www.bbc.co.uk/programmes/p0n8hrxv","audio_url":"http://open.live.bbc.co.uk/mediaselector/6/redir/version/2.0/mediaset/audio-nondrm-download-rss-low/proto/http/vpid/p0n8hntb.mp3","summary":"Larry Fink, is Chairman and CEO of BlackRock - the world’s largest asset manager, overseeing more than $14 trillion in investments on behalf of governments, pension funds and individual investors globally. He tells BBC Business Editor Simon Jack that oil prices could remain above $100 a barrel for years — and rise to $150 — if the Iranian conflict is not resolved, a scenario he says would trigger a “stark and steep recession”. Higher energy costs would ripple through agriculture, fertiliser, and global supply chains, acting as a regressive tax that disproportionately affects the poorest. Fink calls for “energy pragmatism”, arguing countries should use all available energy sources — from oil and gas to renewables and nuclear — to build resilience. He highlights Europe’s fragmented power systems as a structural weakness, particularly as energy demand rises with the expansion of AI infrastructure. On trade, Fink says globalisation is being recalibrated rather than reversed. Post-war trading systems that favoured certain economies are shifting towards greater symmetry, though he acknowledges tariffs are inflationary. He dismisses comparisons to the 2008 financial crisis, arguing the $2.2 trillion private credit market is transparent, with clearly defined liquidity limits. Artificial intelligence, he says, will be transformational — driving demand for massive infrastructure investment while creating large numbers of skilled blue-collar jobs. Fink argues societies have overemphasised university education and must reassess the value of skilled trades in the AI economy. Presenter: Simon Jack Producer: Olie D'Albertanson &amp; Ollie Smith 00:15 Will Bain and Simon Jack set out who BlackRock/Larry Fink is 03:30 Larry Fink joins the podcast - discuss oil price scenarios 12:04 Glo…","meta_description":"Larry Fink, is Chairman and CEO of BlackRock - the world’s largest asset manager, overseeing more than $14 trillion in investments on behalf of government…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2100,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/big-boss-interview-316999/episodes/32-blackrock-ceo-global-recession-looms-if-iran-war-continues/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/big-boss-interview-316999/32-blackrock-ceo-global-recession-looms-if-iran-war-continues.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}