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The Catalan parliament has voted to declare independence from Spain. We ask Angel Saz Carranza of Madrid's ESADE Business School what is likely to happen next. Also in the programme, we hear why the editor of Russia's most prominent independent newspaper, Novaya Gazeta, has offered to arm his journalists amid concerns the government does not do enough to protect them. We have a report from Iceland on how the country deals with a tourist invasion that threatens to outnumber its own population. Plus we look back at all the week's big business stories with Lisa Abramowicz of Bloomberg Radio, and Jon Sindreu of the Wall Street Journal.

(Picture: A Catalan independence supporter holds a Catalan flag. Picture credit: Getty Images.)