price of these items. greetings, j thank you for having me. as you mentioned, the food prices index, the climb compared to it, the decline was modest, around 2% but what is important is that the decline which we observed last march in march 2022 was over 22%. so what is behind it? let s remember that the food price index includes quotations of bulk commodities so on this international level bulk commodities, the markets depending on the specific commodity, remain relatively balanced supply and they are often quite stable. we have noticed a decline in the cereal prices when the maize and wheat prices when the maize and wheat prices decline while on the other hand rice prices increase. so it means the supply generally is quite steady while the demand remains steady. i would like to mention the case of sugar which has been, unlike other commodities, increasing recently. this is because of relatively tight conditions on the global markets and concerns about la nina on production.
queen guitarist brian may and members of england s women s football team are among those celebrated in the uk s new year s honours list. over a thousand people have received recognition for their service. i will be back at the top of the error, no it is time for talking business. hello, everybody. a very warm welcome to a special edition of talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. this week, we re going to revisit some of our interviews that defined 2022. of course, a momentous year of disruption for the global economy. over the last 12 months, we ve continued to feel the impact of covid, the russian invasion of ukraine, and suffered a cost of living crisis as energy prices have soared. i ve spent the year speaking to some of the most influential chief executives, business leaders and policymakers on the planet. the head of the imf, the international monetary fund, told me herfears for the planet s prosperity, and the
for the planet s prosperity, and the us energy secretary explained what her country was doing to tackle soaring oil and gas prices. i also heard from the boss of plane maker boeing about how the post covid bounce was helping it put years of turbulence in the rear view mirror. but it wasn t all doom and gloom because we also celebrated a year of huge growth for women s sport. wherever you arejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, 2022 has been a year of huge disruption to the global economy, with many of us forced to rethink everything from what we eat to how we work and well, even how we heat our homes. the world went into the year still very much feeling the impact of the coronavirus pandemic. restrictions, economies everywhere have found it impossible to return to life as it was before. a major reason why was russia s decision to invade ukraine on the 24th of february. as well as costing thousands of lives, it s d
just about everything nowadays has silicon chips in it, from phones and computers to kitchen appliances and cars. but the world has been facing a chip shortage, which has exposed just how dependent we all are on semiconductor manufacturers in asia, with the vast majority of chips produced by the taiwanese company tsmc. among those who want to wrestle back some of that market share is the us. today, president biden will sign into law a bipartisan bill to boost microchip manufacturing in the us. the $280 billion package is aimed at addressing supply chain problems exacerbated by the coronavirus pandemic. supporters call it a win for the nation s economy and security. here s our north america correspondent michelle fleury in new york. microchips, the digital brains of every piece of technology around us. but a global shortage has disrupted everything from the production of cars to household appliances.- of cars to household appliances. of cars to household a- liances. ., appli
price of these items. greetings, j thank you for having me. as you mentioned, the food prices index, the climb compared to it, the decline was modest, around 2% but what is important is that the decline which we observed last march in march 2022 was over 22%. so what is behind it? let s remember that the food price index includes quotations of bulk commodities so on this international level bulk commodities, the markets depending on the specific commodity, remain relatively balanced supply and they are often quite stable. we have noticed a decline in the cereal prices when the maize and wheat prices when the maize and wheat prices decline while on the other hand rice prices increase. so it means the supply generally is quite steady while the demand remains steady. i would like to mention the