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Transcripts For BBCNEWS World 20240705

historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflation ha

Transcripts for BBCNEWS World Business Report 20240604 04:47:00

hunger people than ever before in hunger and yet we are producing more hunger and yet we are producing more food hunger and yet we are producing more food than ever before. so there more food than ever before. so there is more food than ever before. so there is a more food than ever before. so there is a skate conundrum about there is a skate conundrum about the situation we are in today about the situation we are in today. the good news is that everyone s attention has been drawn everyone s attention has been drawn to everyone s attention has been drawn to this, there are opportunities ahead of us to -et opportunities ahead of us to get out opportunities ahead of us to get out of this situation. historically in spain have been developing historically in spain have been developing events historically in spain have been developing events of - historically in spain have been developing events of drought. developing events of drought very serious developing events

Transcripts for BBCNEWS World Business Report 20240604 04:53:00

hours after being picked, spinach has lost nearly 80% of its vitamin c. frozen spinach is frozen with hours of being harvested keeps about 80% of its vitamin c for its entire life in your freezer, its vitamin c for its entire life in yourfreezer, therefore thatis life in yourfreezer, therefore that is an example of where a frozen product maintains all its nutritional value. it is still there whenever we pick it out. it also allows us to keep seasonal vegetables in the freezer but we can also have seasonal vegetables out of seasonal vegetables out of season because that is in the freezer and we can have that at any time. freezer and we can have that at an time. ~ ., , freezer and we can have that at any time- any time. what is the most oular any time. what is the most popular frozen any time. what is the most popular frozen food? - any time. what is the most. popular frozen food? certainly accordin: popular frozen food? certainly according to popular frozen food? certainly accordi

Transcripts for BBCNEWS World Business Report 20240604 04:51:00

this year that clarence birdseye set up a business preserving fish fillets by freezing them. after a rocky start, birdseye began mass producing frozen vegetables that were sold throughout the united states and frozen tv dinners became a staple of american homes in the 1950s and 60s. today, the cost of living crisis is driving more of us to the frozen aisles as sales have overtaken fresh food in uk supermarkets rupert ashby is chief executive of the british frozen food federation, which also marks its 75th anniversary this week. is it just prices is itjust prices that were frozen as outperforming fresh food these days? food these days? price is definitely food these days? price is definitely one food these days? price is definitely one thing - food these days? price is definitely one thing the l food these days? price is i definitely one thing the cost per kilo of a frozen product is generally quite a bit cheaper than a fresh product. however, there are a lot of other

Transcripts for BBCNEWS World Business Report 20240604 04:45:00

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

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