the us federal reserve ona charge! uk sales of electric cars overtook diesels last year for the first time. but it s still a long road to recovery for the auto industry. a wave of strike action, a growing cost of living crisis and huge pressure on health services just some of the problems mounting up for the uk this winter. so on wednesday prime minister rishi sunak used his first major speech of the year to promise to fix the uk economy. alongside pledges to tackle long waiting lists for medical treatment and stop illegal immigration mr sunak said he d slash the rate of inflation, restore growth and cut government debt. first, government debt. we will halve inflation this first, we will halve inflation this year to ease the cost of living and give people financial security. second, we will grow the economy, creating better paid jobs an opportunity right across the country. third, we will make sure our national debt is falling, so that we can secure the future of public ser
news. let s talk about what is going on with commodity prices. russia s invasion of ukraine 16 months ago saw the price of grain soar on world markets with the cost of wheat and maizejumping by almost a third. the wild price swings increased food bills for millions around the globe with poorer countries that rely on imported grain hit hardest. so how to ensure more stability in grain supplies and prices? the question has been top of the agenda for food and agriculture ministers and executives at an international grain conference here in london this week. the bbc s jagdip cheema was there. i met international grain conference in london, this event being attended by global agricultural ministers, leading trade bodies and the industry s biggest players, 60
jagdip cheema explains. i m at the international green conference here grainn conference here in the heart of london. this event is being attended by global agriculture ministers, leading trade bodies and the industry s biggest players. some 60 countries have some sort of representation here. the big topic is ukraine, because they currently have a black sea safe passage agreed with russia to export ukrainian grain through turkey s bosporus strait. but that deal is due to expire on the 17th ofjuly. so the big question is will they get an extension even if the grain deal is prolonged, is extended, well, i think that quite possibly the general situation will be like a lottery. grain corridor is critically important for ukrainian and global food security. as previously, more than 30
so, the girls education and girls stopping them from the work, so this is, i think, the internal policy of islamic emirates. but i think all the things, all the humanitarian aid and the donations and the grants, those should not be related to this issue only. the gap between afghanistan s rulers and the world is widening at an unexpectedly rapid pace. its people are at risk of being left to fight a crisis on their own. yogita limaye, bbc news, kabul. time for a look at the business news now with jagdip cheema. let s start in china, where it s good news from the world s second largest economy. latest figures show it s growing faster than many expected,
the recent two earthquakes in turkey has left the country facing a humanitarian crisis after 117,000 lost their lives. to make matters worse, the country s economy was already struggling and rebuilding the country is likely to cost billions of dollars. 0ne firm trying to help the rebuilding process is turkish real estate firm gyoder, who are planning on building 150,000 new residential properties. our business reporter jagdip cheema spoke to the company s chairman and asked where the money was coming from for such a huge project. this is coming from national budget, obviously, because it is social housing and the government is providing people who lost their homes and first phase which is 200,000 residential units is going to be delivered in one year. time is of the essence