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Transcripts For BBCNEWS World Business Report 20240707

hello there. as you have heard, last minute talks to avoid strike action on the uk s rail network have failed. now, millions of people will face travel misery as the biggest rail strike in 30 years brings services to a standstill in england, scotland and wales. the first strike started this morning and more are planned on most major lines on thursday and saturday. the rmt union says its members oppose stagnating pay and want justice. but industry bodies have warned against a strike action, saying it would shatter hopes of recovery for many businesses . joining me now is dr roger barker, director of policy at the institute of directors. thank you forjoining me today. is it fair to say that businesses will go under this week as a result of the strike? that may well be the case. this is gonna have a big impact on business. that impact will be quite uneven. some of us will be able to go back to working, taking off where we left off during covid. other sectors won t be able to do

Transcripts for BBCNEWS World Business Report 20240604 04:37:00

lifted off because the sanctions are now starting to cripple the economy. at the same time we see no possibility from russia s side of actually allowing the release of ukrainian green exports from the black sea region which really holds back multitudes of these exports, notjust grains but feedstock and oilseeds. haifa but feedstock and oilseeds. how well is what but feedstock and oilseeds. how well is what is but feedstock and oilseeds. how well is what is currently harvested? how well that store and how damaged ourfields harvested? how well that store and how damaged our fields and farms of ukrainian ms dove the future grain the world might get? in terms of one the current supplies finish and when those hoppers run out? that s a really important point. right now according to the government of kyiv, we are seeing total grain shipments, total grain stockpiles are down

China didn t hoard grains : stockpiling to ensure domestic food security has global implications

As food prices rise globally and war rages between two of the world’s biggest grain suppliers, Beijing is intent on doing what it must to secure adequate food for the most populous country.

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