And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you say by the end of 2024. Are there any areas in particular
We start with the social media app tiktok because its ceo has vowed to keep on fighting after the us House Of Representatives passed a bill that could see the app banned in america. Shou zi chew released a video on tiktok threatening legal action and warning that if the bill becomes law it will mean the end of tiktok for its 170 million users in the us. Well hearfrom him injust a moment, but first, heres our us Business Correspondent erin delmore who has been following developments on capitol hill. The houseboat sets the stage for what could become an ultimatum to tiktok Chinese Owned Company bytedance. Selby avenue or it will be banned. There is a way to go between here and there. It needs to go through this and it faces an uncertain future. The Senate Majority leader has been noncommittal about whether he will bring it up for a vote. Some studies are only about to vote against it. If it does move through the senate, President Biden that he will sign it. Components of the bill argue t
and she explained how she viewed relations between the two countries well, trade relations, like other parts of the us relationship with china are tense. while a lot of trade still continues to flow up between the two countries, export restrictions remain in place, and china is increasingly imposing regulations, making it very tough for us companies to operate in their country. it s interesting, because economic ties still happen, discussions of geopolitical issues on the defence front just shut down. now we have bill gates, elon musk visiting china. should we feel a bit more positive about the economic side of their relationship? well, clearly beijing seems more interested in reviving or strengthening the economic part of the relationship versus the military part, and one of the things i will be looking at over the next day now is whether there is a pathway for the secretaries on the economic team for president biden to visit beijing in the coming weeks are coming months. so
european union, but i think it is safe to say that progress has been made. it seems to us that it s very much game on, and we are very heartened by that, we are very conscious that a deal can be done and should now be concluded speedily. the information commissioner is to ask lancashire police why they revealed details about the health of nicola bulley, who s been missing for three weeks. the family of the hollywood actor bruce willis say the die hard and pulp fiction star is now suffering from a type of dementia. good afternoon. a former security guard at the uk embassy in berlin has been sentenced to 13 years in prison for spying for russia. david ballantyne smith admitted passing secret information to the russian authorities, after being caught in an undercover sting operation. our home affairs correspondent tom symonds reports. david smith, a fan of war memorabilia, a security guard at the british embassy in berlin and a spy for russia. motivated by hatred of britain and