this latest ceasefire $245 million in aid to help support people fleeing the violence. i m ben thompson. let s start in the uk where the cost of living crisis is showing some tentative signs that it is starting to ease slightly. the latest rate of inflation for the month of april has fallen to 8.7% now that s still very high and above the 8.2% rate that many economists forecast, but still a significant drop compared to the over 10.1% rate we saw last month. double digit inflation that had been in place since august last year all well above the bank of england 2% target hitting a peak at 10.4% in february, before slowly coming down. this latest figure is the sharpest drop since the cost of living crisis began. but growing cost of food still remains very high. as you can see here, food prices increased by 19% in april and havent yet come down from their peak. making it difficult for people to feel better off right now. joining us now is simon french, chief economist at p
China s recent decision to restrict graphite exports underscores its position as a major producer of the highly-valued mineral. This move highlights its pivotal role in the supply chain for essential minerals needed for EV production, especially at a time of skyrocketing demand for EV batteries, with enormous implications for the global electric vehicle industry.
american supplies for design, there is not a lot of difference between what they are doing at the moment because they do not rely on china for design at the moment. we because they do not rely on china for design at the moment. we side it is a tit-for-tat for design at the moment. we side it is a tit-for-tat battle, for design at the moment. we side it is a tit-for-tat battle, china - for design at the moment. we side it is a tit-for-tat battle, china puts - is a tit for tat battle, china puts restrictions on american made staff and vice versa. the only people who lose out in a trade war like this are consumers? lose out in a trade war like this are consumers? ., , , ., ., ,., are consumers? consumers are also the us provide are consumers? consumers are also the us provide is are consumers? consumers are also the us provide is because are consumers? consumers are also the us provide is because the - are consumers? consumers are also the us provide is because the fact i the u
on chinese made stuff. it strikes me that in a trade war like this, the only people who lose out are consumers. and consumers and also the us providers, because the fact that there s a restriction on what us companies can supply. china s manufacturing industry is hurting the us suppliers as well because the that market is about half the total of the supply market for the chip manufacturing equipment. so it kind of is a little bit of shooting yourself in the foot at the same time. and it could be consumers that lose out on any trade war between both big players there. now barcelona may be on of the world s most popular tourist destinations famous for the sagrada familia as well as its beaches, bars and restaurants. but for many local residents, the city has simply become too popular and too much tourism is a problem. as barcelona holds a local election on sunday its status as a tourist magnet is under scrutiny as guy hedgecoe reports. another day, another