Faisal islam the latest geopolitical tensions and how it could drive up prices for all, especially poor countries. Weve got ourforecast down from 1. 7 in april, down to 0. 8 . We have already said risks were the downside when we made this forecast was down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board in most sectors and most geographies. Thats why we cut the forecast. How much of this is actual policy . Were hearing from the west this idea of nearshoring, or income of Rebuilding Supply Chain away from east asia. How much of this is here to stay and how much of a problem is that . We saw there is more to it ongoing now within politically similar blocks number between locks that are dissimilar. That is some indication. We look at certain sec
Geopolitical tensions and how it could drive up prices for all, especially poorer countries. Weve cut our forecast down from 1. 7 in april, cut it down to 0. 8 . We have already said risks were the downside when we made this earlierforecast, so down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board in most sectors and most geographies. Thats why we cut the forecast. How much of this is actual policy . Were hearing from the west this idea of nearshoring, friendshoring, Rebuilding Supply Chains away from east asia. How much of this is here to stay and how much of a problem is that . We saw there is more trade ongoing now within politically similar blocks number than between blocks that are dissimilar. That is some indication. We look at certain s
For euro 2024 was stopped short by spain, the hosts winning 2 0 on a controversial night. Needing just a point to secure qualification, scotland took a 1 0 lead in the second half only for the goal to be ruled out. Steve clarkes side had nothing to show for weathering the worst of the spain storm as jane dougall reports from seville. So it wasnt to be tonight for scotland but that goal that wasnt will probably be talked about fora while to come. About for a while to come. The first half, spain dominated, putting chance after chance towards scotland, which they defended with their lives. And then scott mctominay s perfectly placed freekick which delighted the crowd was ruled out. There was a debate as to whether it was a foul or off side. Mctominay was furious at the decision. Scotlands heads then went down and spain quickly took advantage and they took their chance, morata scoring in the 72nd minute. Just after that, adams could have got them the point. He was through on goal but he ju
Hello and thanks for joining us on sportday. We start in seville as scotlands bid to become the first side to qualify for euro 2024 was stopped short by spain, the hosts winning 2 0 on a controversial night. Needing just a point to secure qualification, scotland took a 1 0 lead in the second half only for the goal to be ruled out. Steve clarkes side had nothing to show for weathering the worst of the spain storm as jane dougall reports from seville. So it wasnt to be for scotland. The first half, spain dominated, a chance towards scotland which are defended with their lives and then the perfectly placed freekick which dilated the crowd was ruled out. There was a debate as to whether it was a fellow or off side. Furious at the decision, scotlands head went down and spain took advantage and they took the chance, morata scoring. Just after that, they could have been a point but the scots could not finish. After that, mistakes started to creep. Aaron hickey gave away possession and spain p
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