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
hello and welcome to audiences in the uk and around the world. i m sally bundock. it s a big day ahead for the chancellor kwasi kwarteng as he delivers the keynote speech at the conservative party conference later in birmingham. the new finance minister is expected to insist the government will stay the course on his tax cutting growth plan despite the swift and turbulent reaction on financial markets. this time last week, the pound hit an all time low against the us dollar and days later, the bank of england was forced to take emergency action to protect pension funds. i m joined by dr roger barker director of policy at the institute of directors. how will kwasi kwarteng do today? what are you hoping chancellor will say? i’m today? what are you hoping chancellor will say? i m sure the chancellor chancellor will say? i m sure the chancellor will chancellor will say? i m sure the chancellor will reiterate | the chancellor will reiterate his commitment to taxcutting p