is 2023 shaping up to be a year of big drop offs? a growing number of major companies are already laying off workers in their thousands, so our employers also now taking back control of pay and conditions? i will hear from the head of the un international labour 0rganisation about why the global jobs market international labour 0rganisation about why the globaljobs market is under pressure and why that could mean more social unrest. the big boss of global recruitment firm robert waters tells me what companies are demanding of new recruits as they try to keep profits flowing. also, is travel the answer to our economic woes? expedia is one of the biggest travel firms, it s big boss will tell me if all that pent up demand is still strong enough to keep us opening our wallets. riveryou enough to keep us opening our wallets. river you arejoining me from, a big hello and welcome. january, the time of year when many take stock of our lives, that often involves looking at our careers
Lets stay with israels Military Campaign in gaza and look at the protests against it that are sweeping across College Campuses in the United States. Students are calling for their universities to Boycott Companies and individuals with ties to israel. Major Protest Camps and demonstrations were seen first at Columbia University in new york. Since then, theyve spread across the us. This map shows the universities with the biggest protests. The university of Southern California has cancelled its graduation ceremony, on what it says are safety grounds. In austin, texas, the governor ordered State Troopers to arrest demonstrators. And more than 200 people have been arrested at universities in los angeles, texas and atlanta, georgia. These images show the dramatic arrest of a protester in atlanta. Lets hear from a student there. This is insane. Ijust saw police use unnecessary violence for a peaceful processor. I saw police non students underground, clearly you see a bunch of arrests going o
For boj officials given you have the week yen that could be adding to the inflation story but still they are not likely to hike at this point. Weekends supports the exporters and today weak yen supports the exporters. And we saw sharp losses in the tech sector. Lets look at korea at the start here because we see it moving a little higher, trade data dropping, first 20 days of april numbers for trade and exports rising 11 for the year, positive for korea and a barometer for global trade as it could play into the story korean won has been against the backdrop very much of king dollars so just recapping the trade numbers for the first 20 days of april, exports up for the year and imports gaining as well and we have as i said again the first 20 days of april so a reversal from a contraction the month prior. Paul australia has just opened for trade and it is a stagnant open but we see modest again modest gains. A theme we saw towards the end of last week even though losses on asx gold stock
The Parent Company Deutsche Telecom jumps at the open. Display youre watching worldwide exchange, bringing you Business News from around the globe. Good morning. Welcome. It has been a busy morning. So far, some of the steepest boards in spain, portugal and switzerland. You can see still sharply lower, about 0. 6 off the major markets. The ftse mib off 0. 3 . French, italian and german pmis suggesting a fall from the june level right across the charts. But it were a trace on the manufacturing side. To the u. S. Markets, it was a choppy session statewide. The argentinean default. You had concerns around geopolitical tensions, still with fresh sanctions and then the ripple effects across markets. Earnings werent particularly strong, either. We saw the s p, the dow and the nasdaq around n session and a jump in the vix as a result. The vix up 23 . On the data front, interesting to note, u. S. Labor costs according to their biggest gain in more than 4 1 2 years in the Second Quarter. A litt
Welcome to countdown, im mark barton. Im anna eds. International pressure on russia following its seizure of its crimea region. Our europe editor david swede is following the e. U. Summit taking place in brussels. Berlin, of course. Jonathan has the market reaction. Jonathan, plenty of market reaction. You look at the russian equity market, headed to the biggest drop. The ruble holding up a little bit for one reason. The Russian Central Bank has come out of high rates from 5 to 7 . They cite the rates are intended to prevent inflation risks. What it doesnt do is take away that Political Risk. You saw what happened in turkey when they hiked rates. A complete turnaround again. In the broader markets, you are seeing general risk aversion. The swiss franc into gold. It feeds a matter of time before they were going to raise rates, wasnt it, john . Inflation has been above the Central Banks target for 17 months. The target is 5 . They are well above the targets. Investors waiting for a long