a semiconductor superpower. our asia business reporter monica miller has more. it is a major setback. prime minister narendra modi has made chip making a top priority for india s economic strategy in pursuit of what they say is a new era of electronics making. it doesn t get much bigger than foxconn, which makes roughly 70% of apple s iphones. india estimates that its semiconductor market could be worth $63 billion by 2026. now, we need to go back a little bit to explain how this partnership happened. that was in september 2020 to the taiwanese firm and the indian mining giant agreed to this deal. and part of it was because foxconn was looking at the situation then, which had strict covid restrictions in china, where a lot of these phones are made. they are also concerned about the geopolitical tensions we ve mentioned many times on this programme between the us and china. so it was looking to partner up, which is with the country which is now the largest in the world. but un
prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga liv merger. welcome to world business report. let s start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate rises, that the bank of england could need to raise it even further to bring price rises under control. let s hear now from janet mui, head of market analysis at rbc brewin dolphin. thank you for being with us. inflation has not been coming down at the expected pace. what does this data signal about how things could pan out? good afternoon. thank you for having me. which group is still pretty strong,
and our own janice dean was among them. she called out andrew cuomo. his orders led to more dying. there was no sympathy, i don t think he met with families. he just decided to write a book talking about how great a leader he was. sandra: we will hear more of that as well from the group of sorority sisters suing for their safety. they say they live in fear after they caught a biological male sister peeping on them in their own home. caitlyn jenner will react in moments. and welcome back as america reports rolls into hour two. it is a delight to be here in washington with you, john. i m sandra submit. john: i m john roberts. and we ll talk more about the race all that and more coming up, but we start with the fox news alert on the debt threat and warnings it could play right into china s hands. mr. president. mr. president! when will you meet with president xi? sandra: and with a wave of his hand, president biden is off to the g7 meeting in japan with the one k
yesterday. rachel: you have a cut on your hand. pete: i do, working the land. rachel: acting like ronald reagan, clearing the brush. pete: him and george w. hacking away at the brush. will: yes the former governor of south carolina nicky haley was here and i didn t realize that south carolina is the third most popular state for people immigrating from other states. pete: really? will: behind texas and florida. south carolina and i said, i would have guessed tennessee. pete: the big advantage south carolina has? will: what s that? pete: coastline. it s hard to compete with coastline. you ve got to be really good if you re going inland and leaving california to not go to another coast. texas has coast, florida has coast, south carolina has coast. north carolina i would have thought north carolina would have been higher than south carolina will: want to get a fact check, governor ambassador haley, proud of her state and south carolina the problem is every state feels like cali
countries. they have for many years promoted the right to criticise power and protect the fundamental rights of citizens. they have made an outstanding effort to document war crimes, an outstanding effort to document warcrimes, human an outstanding effort to document war crimes, human rights abuses and the abuse of power. together, they demonstrate the significance of civil society for peace and democracy. this year s peace prize is awarded to human rights advocate from belarus. the russian human rights organisation and the ukrainian human rights organisation centre for civil liberties. ales bialiatski was one of the initiators of the democracy movement which emerged in belarus in the 19805. which emerged in belarus in the 1980s. he has devoted his life to promoting democracy and peace will development in his home country. he founded the organisation meaning spring in 1996 in response to the controversial constitutional amendments that gave the president dictatorial, there s