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Transcripts For BBCNEWS World Business Report 20240706

is the industry ready? plus: the bitter row brewing at starbucks. its former boss denies illegal union busting in a tense appearance before the us senate. and players ready. a $180 billion industry, 45 contenders. who will smite the opposition at tonight s bafta games awards? hi there. powering up britain that s how the uk government is describing its new strategy to reach net zero carbon emissions by 2050. it s expected to promise £20 billion in funding for carbon capture technology, more investment in nuclear and help for householders to insulate their homes and install heat pumps. it comes after a legal challenge by environmental campaigners led to a ruling by the uk s high court that the government s previous plans were inadequate. friends of the earth, one of the campaign groups, has already described the latest policies as dangerously lacklustre and lacking on climate action. here s what the minister in charge grant shapps had to say. i think is the flipside of the

Transcripts For BBCNEWS BBC News 20240706

hello and welcome to bbc news. the vatican says pope francis has spent a good night in hospital after being admitted with a respiratory infection. a spokesman said he had been experiencing breathing difficulties, but they also confirmed he was not suffering from covid. the bbc s davide ghiglione is outside the hospital in rome. a spokesperson informed journalists that he spent a peaceful night at the hospital. so his condition remains stable at the moment. the vatican is trying to reassure journalists, people and catholics all over the world. according to italian news agency ansa, the pope should be discharged within the next couple of days. and he should be able to celebrate next sunday s mass. everybody knows at the vatican that the pope has been particularly weak over the last couple of months. we do know already that he was forced to use a wheelchair. so it could be quite tiring for him even if he is able to attend all the ceremonies and easter celebrations. we can get mo

Transcripts For BBCNEWS World Business Report 20240706

and the cost of living crisis that has triggered. but there are signs of hope are starting to emerge. in the last few hours we ve had the latest monthly inflation figures out of spain and that the pace of prices rises fell to an annualised pace of 3.1% in march when using the measure that allows comparison with other countries. that s a big drop from february s 6% and was mainly due to lower energy costs, with food prices also falling. and in germany, europe s biggest economy, there was also a big drop. by the same measure inflation has now fallen to 7.8% as businesses and households benefited from lower natural gas prices. joining me live now is the spanish economist professor santiago carbo valverde, from the university of valencia. what is causing such a big fall in inflation in spain? lowering vat has helped bring down some of the prices of the food and agricultural prost products. we also have what is called a competition or factor. last march, inflation is computed year

Transcripts for BBCNEWS World Business Report 20240604 04:47:00

a trade union conference. i a small crowd outside| included his assailant. it has become a symbol of paris. 100 years ago, many parisians wished it had never been built. the eiffel tower s birthday is being marked by a re enactment of the first ascent by gustave eiffel. this is bbc world news. the latest headlines: a nobel peace prize winner has accused russia of using state propoganda to promote the use of nuclear weapons. the vatican says pope francis is spending a few days in hospital to be treated for a respiratory infection. to croatia now where it s less than three months since the country abandoned its currency and joined the euro. it was one of the conditions of croatia joining the european union a decade ago.

Transcripts for BBCNEWS BBC News 20240604 09:37:00

so it s a slow process and that also is a process that happens outside public view. so we ll have no idea what s going on and it ll take a long time. just very briefly, you d like to see reform to those sorts of slow processes, presumably. i would. how you do that? it s a difficult question. here i would short circuit all of that and pass legislation in the finance act which simply prevents these schemes working. save a lot of time. save a lot of money. to croatia now, where it s less than three months since the country abandoned its currency the kuna and joined the euro. it was one of the conditions of croatia joining the european union a decade ago. while euro membership provides advantages for the country s exporters and big business, many ordinary croatians are convinced it s been an excuse to ramp up prices, as guy delauney reports from the capital zagreb. zagreb market keeps it old school. it opens at the crack of dawn closes by lunchtime and payments are strictly cash only.

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