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Transcripts For BBCNEWS World Business Report 20240707

the cost of a shipping container has slumped since last year. is it a warning sign of a global recession on the horizon? well, we start here in the uk, if you can see me, i am at a slight distance. i m going to sit back down. the cameras aren t playing with us nicely this morning, so let s sit back down and we will start the programme again. let s pretend that didn t happen, shall we? 0k. welcome to the programme. we start in the uk whether has lodged a controversial new push for oil and gas exploration in the north sea. nearly 900 blocks are offered exploration with as many as 100 licences to be awarded. the government says it will burst energy security and support skilled jobs. but the decision is at odds with international climate scientists who say fossil fuel projects should be closed down, not expanded. it comes as households are warned they could face a rolling electricity blackouts this winter if problems with gas suppliers deteriorate further. national grid, overseei

Transcripts for BBCNEWS World Business Report 20240604 04:41:00

likely to go abroad, will see an impact as a result of the week are currently depending where you travel. this will be felt all around. like i say, overtime, the direction of travel isn t important, it s a buffer when it comes to the free floating markets but it s a short period of time and will notice a difference. he a short period of time and will notice a difference. notice a difference. he says notice a difference. he says not a problem notice a difference. he says not a problem but - notice a difference. he says not a problem but it - notice a difference. he says not a problem but it costs l notice a difference. he says - not a problem but it costs more to buy things that are priced in us dollars if the pound is weaker, that means businesses margins are squeezed and presumably they pass on higher prices to us and that drives inflation, doesn t it, rise in average prices? it inflation, doesn t it, rise in average prices? inflation, doesn t it, rise in average prices? it does.

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