eurovision song contest. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show, what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting cheape
welcome to the programme. we start with the latest on the israel gaza war. britain and germany are calling for an urgent sustainable ceasefire in gaza. last week, both countries abstained on a un resolution demanding an immediate ceasefire. in a change of language, the foreign ministers of both countries say too many civilians have been killed in israel s war against hamas and the sooner a truce comes, the better. the israeli prime minister, benjamin netanyahu, has indicated that new negotiations are under way families of israeli hostages held a rally in tel aviv on saturday night. they said the current policy of using military force isn t working and demanded more action on the government to bring the hostages home. but mr netanyahu insists the military campaign will continue. with all the terrible sadness, let me clarify that the military pressure is necessary both for bringing back the hostages and to achieve victory. without the military operation, we would not have been
baroness mone has. a girl who attended a belfast primary school which reported a severe case of the bacterial infection strep a has died. the five year old became severely ill last week and was treated at the royal belfast hospital for sick children. health experts and the government are urging parents and doctors to remain vigilant for signs of the illness, which can include a sore throat, high temperature and a rash. a major incident has been declared in wolverhampton after a large fire engulfed a number of derelict factories near the city centre. more than 100 firefighters are working to contain the blaze in horseley fields with witnesses reporting hearing explosions. some trains have been cancelled and roads closed, while residents have been told to shut windows and doors. the fire is so large it was seen more than 15 miles away in shropshire. there have been electricity blackouts in several parts of ukraine after russia fired a new barrage of missiles aimed at disrupting
facts wrongdoing, of course a lot of the facts are wrongdoing, of course a lot of the facts are still contested. i do think facts are still contested. i do think this facts are still contested. i do think this slightly intersects with another think this slightly intersects with another story that is going around at the another story that is going around at the moment which is the question of whether at the moment which is the question of whether the house of lords is of any use of whether the house of lords is of any use or of whether the house of lords is of any use or not. i have to think there any use or not. i have to think there are times when it really is. baroness there are times when it really is. baroness mone has announced she will be taking baroness mone has announced she will be taking a baroness mone has announced she will be taking a leave of absence, which is not be taking a leave of absence, which is not a be taking a leave of absence, which is