will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let s hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don t have the option sing a worried song. we don t have the option to sing a worried song. we don t have the option to turn - sing a worried song. we don t have the option to turn it - sing a worried song. we don t have the option to turn it off. have the option to turn it off or down have the option to turn it off or down or not put the kettle on for or down or not put the kettle on for the or down or not put the kettle on for the carers because my dad on for the carers because my dad is on for the carers because my dad must on for the carers because my dad isjust so on for the carers bec
the full effect of higher rates has yet to be felt but households and businesses are coping. for now. plus ripe for transformation. how developments in al are starting to bear fruit in the push for more sustainable agriculture. we are looking at the top business stories. we start in beijing where china s president, xijinping is hosting european union leaders for their first in person summit meeting since 2019. and there is one huge number that is looming over the talks. 400 billion euros. that s roughly the size of china s trade surplus with the eu the difference between what they sell to europe, and what europe sells to china. european commission president ursula von der leyen says it s because of china s unfair support for its industries which means its products are flooding global markets and threaten to undermine europe s industrial base. china says the complaint doesn t make sense when the eu stops it from buying certain sensitive technology such as advanced ch
56% of voters seem keen to try something new in a country where inflation is running at over 1a0% and two in five people live in poverty. but many economists are concerned about mr milei s victory. lets get the view of andres abadia, chief latin america economist at pantheon macroeconomics. good morning. a lot has been said about his radical ideas, his promises and he is saying he will bring them into being very swiftly. give us your take on this result. a new chapter in the argentinian economy. he is in the argentinian economy. he: is trying to in the argentinian economy. he is trying to implement new measures. we don t really know what will happen from now on. the reality is argentina is having big trouble in terms of the economy. real gdp is contracting, inflation running well above 100%. around 140%. it will probably end the year at around 200%. we also see capital controls skyrocketing interest rates. the situation interest rates. the situation in argentina is dramatic.
ReNew Energy Global plc and JERA Co., Inc sign agreement to explore green ammonia production project in Paradip, Odisha. Collaboration aims to produce 100,000 tons of green ammonia annually by 2030, supporting India s green energy initiatives and Japan s clean energy transition.