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Transcripts For DW Business 20240714

Union with or without a formal departure arrangement socalled no deal breaks it would cause major disruptions to travel and trade food imports one of the biggest concerns here 3 quarters of imported food stuffs like their remains of vegetables come from britains e. U. Partners so experts say Food Shortages and raising food prices might be on the horizon europes largest pork producers said u. K. Supermarkets could struggle to stock their shops. In normal times britain is since pigs would end up on british dinner plate how danish heritage produced bacon beloved by brits but these are abnormal times the growing chances of a new deal breaks it has left european farmers like her fearing for their futures. I am a little worried but. We have had 3 years to get this so i think we are well that we have made a very special product for the for the u. K. Market i think it will be very sad if. We cannot sell it for an english millennium anymore. At the danish crime Processing Plant the preparing me

Transcripts For DW Business 20240714

Business im in berlin welcome the German Economy has ended the 2nd quarter on a week note data released on friday shows exports from europes economic powerhouse were down 8 percent in june compared with the same month last year thats the biggest drop in 3 years more and more analysts say europes biggest economy is facing a recession many german engineering firms comic and supplies and crisis hit by profit downturns a lot of companies are cutting jobs or reducing it raises the risk of a global slowdown. Europes economic model may be running out of gas automotive supplier continentals net profit slumped 41 percent in the 2nd quarter and the company has announced plans to shut down an entire factory. Competitors shiflet also lowered their earnings expectations and said stuff would have to be let go falling demand is hurting Steel Companies like to the company is bracing for a loss this year. And exporters are feeling the squeeze from the u. S. Silo trade war and brics it worries for econo

Transcripts For BBCNEWS BBC News 20240714

With the reported wage, a Million Pounds a week. There will be some rain around but not a complete wash out for all of us. Not a complete wash out for all of us. Jointly later for all the details. Its saturday 27th july. Our top story. Donald trump says the uk and United States are working on what he called a very substantial post brexit trade deal. The president spoke with borisjohnson on the phone yesterday and claimed trade could be worth up to five times higher than current levels. Boris and i just spoke. I congratulated him and hes all set to go. Hes gonna be i think hell be do a greatjob. Were working already on a trade agreement. And i think it will be a very substantial trade agreement. You know, we can do with the uk we can do three to four times we were actually impeded by their relationship with the European Union. We were very much impeded on trade. Lets get more on this now from our Political Correspondent tom barton whos in our london newsroom this morning. What is the re

Transcripts For BBCNEWS BBC News 20240714

Club jiangsu suning, reportedly earning him 1 millon pounds a week. The Prime Minister will announce plans this morning for a new high speed rail link between manchester and leeds as part of what he describes as efforts to rebalance power, growth and productivity across the uk. Borisjohnson will also promise to improve what he calls the unglamorous local services which people use every day. The plan has been welcomed by business groups but labour says it doesnt go far enough. Our correspondent tom bartonjoins me now. Weve heard a lot about the Northern Powerhouse and increased transport links but it hasnt happened, what is borisjohnson links but it hasnt happened, what is Boris Johnson gamy links but it hasnt happened, what is borisjohnson gamy he is going to do . This is Boris Johnson keen to say that obviously brexit is a big issue but he has other priorities as well. He says sorting out the infrastructure which has had many problems in the north of england, is one of his big priorit

Transcripts For BBCNEWS BBC News At Nine 20240714

Troubled travel operator thomas cook begins rescue talks with banks and its largest shareholder. And englands netballers start their World Cup Campaign tonight with a match against uganda in liverpool. Good morning and welcome to the bbc news at nine. The American Military says its trying to put together a coalition to protect commercial shipping in the gulf after the royal navy had to intervene to help a british tanker which was being confronted by iranian vessels. The foreign secretaryjeremy hunt has promised to reverse cuts to the size of the royal navy if he becomes Prime Minister. Rising tensions with iran have led to uk merchant vessels being placed on the highest security alert near the strait of hormuz. On one side are the arab states, including a number of key allies. On the other, iran. Between them, the strait of hormuz at its narrowest point, its only 21 miles across. But in total, a fifth of the worlds oil exports are squeezed through this tiny corridor. So any disruption

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