Christmas is nearly here and theres still a bit of time left to get last minute gifts before the holiday begins. But how much are we spending on it all . Lets take a look. Research by the bank of england has found that during the christmas period, a typical uk household spends around £800 on top of its usual spending. So thats around 1050. That figure also happens to be about the same amount spent per person in the us according to the National Retail federation. Taken together, americans are expected to spend around 730 billion over the Holiday Season this year, which is an increase on previous years. In the us, more than half of shoppers 56 say they prefer to shop online, with amazon and walmart looking to benefit. Meanwhile, there is a similar figure in the uk 54 who say they prefer to shop in bricks and mortar stores. Toymakers in particular have been looking forward to the festive season. But many firms are wary of what Impact Global trade tensions could have on their businesses.
Stock court rules products made in israeli settlements destined for europe carry the made in israel label. Ive been fizzling placed to business tesla is set to build its 1st european factory on the outskirts of berlin c. O. V. The mosque announced the plan at an awards ceremony in the german capital for the new gigafactory will produce vehicles power trains and batteries must says tesla chose germany because of the countrys reputation for engineering prowess the new plant will create around 10000. 00 new jobs and will be faced if the linz new home till late portion. Of my colleague rob what is following this along with our financial correspondent chelsea de laney rob starting with you did anyone tell musk about that airport stuff up when it appears he does know about secrecy crux of the little joke about. He said that that construction project will have to happen a little bit quicker than the apple because its 13 is since they started building but im probably going to get well that see
A home worth saving. Googling geos tell stories of creative people and innovative projects around the world ideas that protect the climate boost Green Energy Solutions and reforestation. Interactive content to inspire people to take action global audience the series of global 3000 on t. W. And online. So ill be up high and dry and left in the dock rolling power cuts as drought leaves the countrys hydroelectric power plant desperate for water. And the worlds oil cantelli opec says it isnt wired about the rise of alternative Energy Sources because Energy Demand is also on the rise. In bed for school and its your business turning up the heat. Climate change is already hurting several countries in africa especially zambia the country is facing its worst drought in years but the lack of rainfall has also affected its capacity to produce electricity by june this year water levels down the worlds biggest manmade reservoir were down to a 3rd of what it was last year that forced the zambian gov
Fantastic write. That as they set out to safety environments. That ive learned from one another. And Work Together for the future. Comfort. W. X. Chinese leader xi jinping begins a historic visit to north korea so can beijing reassert economic influence over its excitable neighbor days before a crucial trade meeting with u. S. President donald trump. Also on the show 4 years have passed since a devastating terror attack on a tunisian beach resort killed dozens of foreign visitors now terse to returning to the country. And looking for the perfect wine to pair with fish how about a bottle that itself was pulled from the sea. This is your Business Report im Stephen Beers in berlin thanks for joining us. She jean ping has become the 1st chinese leader to visit neighboring north korea in 14 years and thats a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president xi and kim jong un will want to make sure that their economic ties remai
The u. S. Response after iran shoots down an american drone. President trump calling the move a big mistake. He also says iran might have fired at the drone by mistake. At the white house and capitol hill, emergency meetings are under way. How will he respond . Also, Boris Johnson is the front runner to be the new leader of the conservative party and the next u. K. Prime minister. His only rival foreign secretary jeremy hunt. The winner will be decided next month. And of course trading in brussels. France and germany clash over who should become the next president of the European Commission. That is not the only top eu job up for grabs. Plus, the United Nations says a record 71 Million People have been displaced by war and persecution worldwide. On this war refugee day, we look at the plight of elderly and injured muslims from myanmar living as refugees in bangladesh. Im brent goff. To our viewers on pbs in the United States and all around the world, welcome. We start with a date that