exchange tells aaron about the challenges of thriving in a post brexit world amid global competition. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. does it matter where the stuff we all buy is made? from electronics to cars and furniture, it seems like a growing amount of manufacturing is moving west. geopolitical tensions, the fallout from the coronavirus, pandemic, and financial incentives have made many of the world s biggest companies, including the likes of apple, sony and hyundai, rethink theirsupply chains, either shortening them or diversifying them so they can keep the profits coming in. one of the biggest problems is the relationship between america and china. the two countries leaders have been meeting at the apec summit in san francisco. that s the asia pacific economic cooperation forum. ties are often described as being at their worst since the world s two biggest economies established diplomatic relati
tighten the screws. since then, the us, uk, eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, banned flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to impart sanctioned goods by buying them through countries like georgia, belarus and kazakhstan, t
since then, the us, uk, eu, along with countries including australia, canada and japan have imposed more than the 16,500 sanctions on russia. and just last week, the us and uk imposed a tough new raft of measures. their main target has been russia s money, freezing foreign currency reserves and bank deposits. they have also banned exports of technology for making weapons, banned flights and restricted wealthy business people linked with the kremlin. russia s oil industry has also been another major target. despite the export controls, russia seems to have continued to be able to fund its war machine in ukraine. the economy has largely withstood the shock and is expected to grow by about 1 2% this year according to the international monetary fund. that s partly because it is still selling oil to countries like india and china. and because moscow has been able to import sanctioned goods by buying them through countries like georgia, belarus and kazakhstan, there are reports tha
robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at
good evening, thank you forjoining us tonight. 41 people have died after their small boat capsized as they were trying to make the crossing from tunisia to italy, the latest in a string of tragic incidents in the mediterranean. joining me on our panel for the next hour is the political sketch writer tom peck and victoria coates, former senior energy adviser to the trump administration. also on the programme, joe biden is expected to issue an executive order banning private equity and venture capital investments in some chinese technology companies, escalating washington s efforts to prevent beijing from developing cutting edge technology for its military. we ll get reaction from two congressmen that sit on the select committee on china. it s been one year sincejoe biden launched his plan to boost the us semiconductor industry. we will check in with a member of the chips team to see if the promises have been met. and if you are the type of person struggling to get in your 10,000 steps a