germany s public transport network will be at a near stand still today as two of the country s largest unions strike in an ongoing dispute over pay. workers walked out shortly after midnight for 2h hours. two of the country s largest unions which are demanding significant pay rises for their workers want to increase the pressure on employers ahead of another round of negotiations. there ll be all but no trains, planes or ferries in operation after workers walked out, and motorists have been warned that staff who maintain motorways and repair road damage after accidents are also on strike. damage after accidents let s are also on strike. talk about the impact of all let s talk about the impact of all of this. joining me now is christian schulz, deputy chief european economist at citi. they seem huge. what sort of impact will the strikes today across germany? impact will the strikes today across germany? well, good morning- across germany? well, good morning. everything
let s now get down to business and starting in the uk. how attractive is the uk as a place to do business? later today we ll find out when the ons releases its latest data on the level of foreign direct investment into the uk in 2021. a recent survey conducted by the accountancy firm pwc suggests britain was the third most important place in the world for businesses to invest, behind the us and china. but the head of the cbi is not so optimistic. in a speech today tony danker will call on the government to not shy away from hard decisions that can reverse the uk s trajectory of falling investment. he will urge the government to seize green growth opportunities. lets get the view of chris southworth, secretary general of international chamber of commerce uk. good to see you. obviously we are talking about investment in the uk from overseas, that is one thing and tony danker calling on the government to invest more, that is another thing. if we talk about the uk at the moment,
for artisanal bakeries. more now on the dramatic win for brazil s former president luiz inacio da silva. as you ve been hearing lula has been re elected after very narrowly defeating the incumbent jair bolsonaro in the second round of voting. celebrating his victory, he said the winners were the brazilian people and he wanted to improve their lives. lula s win marks a return to left wing governance in latin america s largest nation and the challenges facing him are great following a bitter campaign. he will take office onjanuary land faces a huge challenge to unite a deeply divided nation and boost an economy grappling with rising inflation. joining me now isjimena blanco, head of americas research at risk intelligence company verisk maplecroft. jimena, goodesy. let s start by mentioning the fact that jair bolsonaro is yet to concede. correct, yes. and he has refused to see some of his closest advisers. you know, earlier in the weekend he did concede to a in brazil that he wo
for being with us. brazilian president luiz inacio lula da silva has cancelled a high profile trip to china due to medical reasons after being diagnosed with pneumonia. he was due to leave for beijing on saturday, accompanied by more than 200 businessmen. deals aimed at boosting bilateral trade, which has been damaged by the anti china stance of the former president jair bolsonaro, have now been put on hold until a new date can be set. let s get some analysis on this. joining me now isjimena blanco, chief analyst and head of americas research at the risk intelligence company verisk maplecroft. welcome to you. thank you very much for being with us. the visit is for now but huge significance has been placed on if or when it does happen. just explain why what it is going to meet for both countries economies. to meet for both countries economies. ~ ., ., economies. well, the brazilian side, economies. well, the brazilian side. clearly economies. well, the brazilian side, clearly c
and caribbean states, otherwise known as celac. president lula formalised his country s return to the group earlier this month reversing the decision made by his predecessor in 2020 bringing the number of countries in celac to 33. and, in a joint article published with his argentine counterpart, alberto fernandez, he suggests the creation of a common south american currency to rival the us dollar. joining me now isjimena blanco, chief analyst and head of americas research at the risk intelligence company verisk maplecroft. good morning to you. how significant is it that brazil rejoins celac? significant is it that brazil re oins celac? , ., ., rejoins celac? good morning, sall . rejoins celac? good morning, sally- still rejoins celac? good morning, sally. still rejoining rejoins celac? good morning, sally. still rejoining is - sally. still rejoining is significant in as far as is the largest economy in the region. of largest economy in the region. of course president lula comi