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Transcripts For BBCNEWS World Business Report 20240707

the united nations has warned the conflict in ukraine could send tens of millions into famine, at the same time, egypt s finance minister warns that millions could die globally because of the food price crisis. the war is directly affecting global food supplies, especially wheat, maize, barley and sunflower oil. eu agriculture ministers will meet in brussels today to review the current crisis. joining me now is sean rickard, independent economic analysis. thanks very much for being with us, just how serious a threat as the war on global food supplies in your view? it is supplies in your view? it is serious but supplies in your view? it is serious but they supplies in your view? it is serious but they think - supplies in your view? it 3 serious but they think we ought to take care not to exaggerate the situation. obviously ukraine is one of the world s largest exporters of wheat and oilseeds and its ability to export has been severely curtailed but the rise in prices refle

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Ukraine
Famine
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Transcripts For BBCNEWS Sportsday 20240702

It is weakening, its loosening its grip, so slowly but surely the rain should ease. That said, across central and southern parts of scotland we could see further 20 40 millimetres of rain so that could bring more flooding. Still some rain for north west england, eastern counties of northern ireland, the best of the sunshine across the south and South East Of England lifting temperatures to 19 or 20 degrees. Tonight, rain across the northern isles, further wet weather for central and southern scotland, parts of northern england. For the majority where it stays quite cloudy it will remain fairly mild but with some clearer skies down towards the south of england, south wales, a little bit chilly, chillier than recent nights, lows of 6 7. Tomorrow, ourarea recent nights, lows of 6 7. Tomorrow, our area of low pressure is still with us but it will be weakening so the rain increasingly light and patchy. We could see a little bit of sunshine across Western Parts of scotland, also south wales,

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Transcripts For BBCNEWS World 20240703

Engines, Nuclear Power plants for submarines, defence and civil aerospace, and the problem they have identified is that it is underperforming relative to its peers, so when he came into thejob he promised to shake things up, and what he wants to do is take the three big divisions that make up rolls royce, civil, aerospace, defence and a Company Called Power Systems in germany that makes large engines, and bring them close together, rationalise them, meaning there will be a lot of duplication in back Office Functions that can be got rid of, so that is where we expect the job cuts to happen, other parts of the business, its Nuclear Submarines business, we dont expect cuts there, and in civil aerospace, people who make engines, a lot of those job cuts will trend back during the pandemic, in fact rolls royce is now recruiting in those areas so that is unlikely to feel a big impact, those areas so that is unlikely to feela big impact, one of those areas so that is unlikely to feel a big imp

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World-business-report
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Transcripts For BBCNEWS Asia 20240703

Faisal islam the latest geopolitical tensions and how it could drive up prices for all, especially poor countries. Weve got ourforecast down from 1. 7 in april, down to 0. 8 . We have already said risks were the downside when we made this forecast was down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board in most sectors and most geographies. Thats why we cut the forecast. How much of this is actual policy . Were hearing from the west this idea of nearshoring, or income of Rebuilding Supply Chain away from east asia. How much of this is here to stay and how much of a problem is that . We saw there is more to it ongoing now within politically similar blocks number between locks that are dissimilar. That is some indication. We look at certain sec

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Transcripts For BBCNEWS The 20240703

Lets turn to south africa were Rescue Workers have been trying to save people trapped under the rubble of a building. Save people trapped under the rubble ofa building. Nearly save people trapped under the rubble of a building. Nearly a0 of the 75 workers who are on site remain unaccounted for. The structure collapsed in the south african city of georgia on monday. The authorities in the western cape sees seven people are confirmed to have died. The cause of the collapse which happened while the building was under construction is being investigated. The Rescue Effort includes two people with Sniffer Dogsin includes two people with sniffer dogs in heavy lifting equipment. The president is called for an investigation into the collapse and assumptions condolences and we can show you the live shot the scene in george where those Rescue Efforts are continuing in the hope still that people can be found alive under the rubble. We can hearfrom the west cape of south africa. You the rubble. We

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