have been arrested. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron hazelhurst. let s go take a look at what s on the show. the year the global economy became a battleground for ukraine. can russia stay afloat as sanctions continue to pound the economy? russia s economic output is thought to have dropped by around 4% this year. but instead of a short, sharp shock, is this more of a steady decline to the kremlin s coffers? we ll be getting the view from our man in moscow. there he is, steve rosenberg. and i ll also be discussing all of this with a sanctions specialist. there she is, agathe demarais from the economist intelligence unit. also on the show, it s all about your people from taking on coca cola to flying on board your own spaceship. i m going to be getting the lowdown from self proclaimed trouble maker and global business magnate sir richard branson. wherever you rejoining me from around the world. on
time now to get down to business. let s start here in the uk where prime minister liz truss has been announcing her new cabinet. she has been busy into the late hours. she s decided to give kwasi kwarteng the second most powerful role in downing street after appointing him as new chancellor of the exchequer. mr kwarteng has a tough job on his hands and takes over at a critical time for the uk economy with millions looking to him for help with soaring winter energy bills. so, what about the man himself? he attended the exclusive private school eton college and went on to graduate with a double first from cambridge university in classics and history. kwarteng then went on to work as a columnist for the daily telegraph and a financial analyst at banks, includingjp morgan. more recently, he was appointed as business secretary in 2021, replacing alok sharma in the borisjohnson government. that is a short synopsis. joining me now is fiona cincotta from city index. nice to see you.
to the kremlin s coffers? we ll be getting the view from our man in moscow. there he is, steve rosenberg. and i ll also be discussing all of this with a sanctions specialist. there she is, agathe demarais from the economist intelligence unit. also on the show, it s all about your people from taking on coca cola to flying on board your own spaceship. i m going to be getting the lowdown from self proclaimed trouble maker and global business magnate sir richard branson. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. this was a year when the world economy went to war as russia s military invaded ukraine, bringing death and destruction and misery in its wake, the western allies responded not just with military assistance, but by turning the power of their economies to isolate russia as much as possible. here s the us presidentjoe biden back in april of this year. there s nothing less happening than major war crimes. respons
for a second referendum. we want to go forwards, not backwards. and therefore, this is not about rejoining the eu, it s not about going back into the single market or customs union, and it s not about bringing back freedom of movement. and shortages and rising costs drive foods like chicken and beef off school dinner menus. good afternoon, and welcome to bbc news. the bbc has received six complaints about alleged bullying or sexual misconduct by the former radio 1 dj tim westwood. at least one of the complaints, which was referred to the police, was made before an investigation by bbc news and the guardian in april, which revealed accounts of the dj s predatory sexual behaviour. the bbc said at that time that no evidence of complaints had been found. tim westwood, who left the bbc in 2013, has previously denied allegations of sexual misconduct. our correspondent chi chi izundu has this report. these are some of the seven women who allege unexpected and unwanted sexual touch
the 0.75% increase is an attempt by the federal reserve to combat surging inflation. rising prices are continuing to hit president biden s poll ratings. now on bbc news: talking business with aaron heslehurst. hello. let us take a look at what is on the show. the global economy is facing multiple crises, from supply chain chaos, war in europe, and potentialfamine. can this so called poly crisis be taken on by the wto, the world trade organization, as global trade ministers meet face to face for the first time since the pandemic and the war in ukraine? i am going to be discussing all of this with these two. there they are. the boss of the world trade organization, as well as a former wto judge from china. and what does this mean for a business where trade is everything? i will be speaking with the boss of one of the biggest shipping and freight companies to find out how they are navigating through these choppy waters. whrnever you arejoining me from around the world, hello, we