Even before the pandemic, companies were accused of returning too much money to shareholders. As a recession looms, dividends and share buy-backs should be cut—but not everywhere. Coral bleaching on the Great Barrier Reef is more widespread than ever, and each event makes a full recovery less likely. And the animals are out to play as humans are locked away.For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/radiooffer For information regarding your data privacy, visit acast.com/privacy