Approve that because they are in such a dire financial situation, and we will go back when that vote comes in birmingham. As weve been discussing, it isntjust birmingham facing these financial issues. Lets remind ourselves of why we are seeing these cuts happening across the country. Tony travers is professor of Public Policy at the London School of economics. It is London School of economics. It is now 14 London School of economics. It is new 14 years London School of economics. It is now 14 years since London School of economics. It is now 14 years since an London School of economics. It 3 now 14 years since an attempt was made by National Government to bring down its deficit, and that involved piling cuts more on Local Government, and the home office and justice departments, than other parts of public spending, such as the National Health service and the state pension, which have been protected. Local government took deeper cuts than other parts of the Public Sector. Although in the
it also tops the stock market value of france, those are some of the world s largest economies. deutsche bank research crunch to the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. in other news now chinese car companies are called on the government to hit european union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from china. that is the country s state media according to the state millionaire. there. that amount was reportedly made a closed door meeting made at the chinese industry of commerce which was attended by representatives of european car firms. the measures would t
live now to professor tim benton, research director, environment and society centre. thank you very much forjoining us today, tim. lots of things of course influence the price we end up paying for ourfood, things like transport, wages and supermarkets. are the increases that we are seeing in the costs of food commodities being passed on to consumers in foal, orare being passed on to consumers in foal, or are they being absorbed, at least in some parts, in the supply chain? to a parts, in the supply chain? trr a certain extent, both. if you think back to our current period of inflation, where we ve had, post ukraine, post pandemic, a global cost of living crisis. sorry, i m getting a lot of feedback, i m getting a lot of feedback, i can t hear myself. thank you. global cost of living crisis, some of that is being driven by environmental effects, some of it being driven by politics, but as climate change increasingly bites, we are going to get a lot more pressure on everyday co
those are some of the world s largest economies. deutsche bank research crunched the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. in other news now chinese car companies are called in other news now chinese car companies have called on their government to hit european union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from china. that is the country s state media view. that amount was reportedly made a closed door meeting made at the chinese industry of commerce which was attended by representatives of european car firms. the measures would target guards from the european un
those are some of the world s largest economies. deutsche bank research crunch to the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. over 70 million people in the us are under heat alerts this week, with extreme temperatures as high as 41 celsius forecast in some areas. scientists say many extreme weather events are becoming more frequent and intense as a result of climate change and it s coming at a cost not just to human lives, but also to businesses. i have been speaking with professor illan noy, who suggests that climate change could be costing the world around $16 million per hour