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BBCNEWS World Business Report July 7, 2024

welcome, here s what you need to know in business this hour. and we start with brexit. the uk prime minister borisjohnson is set to visit northern ireland later in a bid to restore its government. less than two weeks after the election, the democratic unionist party has blocked efforts to restore northern ireland s assembly, by refusing to elect a speaker. it s objecting to the so called northern ireland protocol the trading arrangement set up after brexit to keep northern ireland aligned with eu trade rules. the party says that creates a trade border in the irish sea and that puts it at an economic disadvantage. it says it wants to send a message to westminster and brussels that reform of the arrangement is necessary. but the uk business secretary kwasi kwarteng has told the bbc the government isn t looking for a trade war with the eu. we think it would be completely self defeating if they went into a trade war but it is up to them. what i am concerned about is polit ....

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Egypt's poor, middle-income households forced 'to go vegan'

Egyptians can no longer afford basic products after the prices of eggs, milk, meat and poultry soared in recent weeks. ....

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BBCNEWS World Business Report June 4, 2024 04:47:00

Place, so it won t immediately turn off the tap, but binding supply isn t easy, unfortunately. you can see the impact on countries such as i run, which is huge for ukrainian and russian wheat stop they need to cut bread subsidies because it was costing so much money. yes, the gdp clearly had by those lockdowns and the slowdown. quite underlying interconnection between them. we are so dependent on the world food chain. if any link of that jane stops, it has huge implications, not only for prices but also getting hold of the stuff in the first place to feed the population.- feed the population. yes, indian inflation feed the population. yes, indian inflation has - feed the population. yes, i indian inflation has reached feed the population. yes, - indian inflation has reached a high of about eight years, which is why the central bank in india has raised interest rates for the first time in four years. one of the key challenges we need to think about in many different ways is to what ....

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Turkey fears higher prices for Russian produce | Business | Economy and finance news from a German perspective | DW

Russia is the world's largest exporter of wheat. And one of its most important customers is Turkey. The fear is that because of the conflict with Ukraine, the already high prices will rise even further. ....

Bread Subsidies ,

Detailed text transcripts for TV channel - CNN - 20180604:07:45:00

In order to reform the economy. and these include austerity measures that have already been enforced, like scrapping bread subsidies, for example, and introducing more sales tax. but right now the most controversial has been this income tax law bill that is being that was referred to parliament, that parliament is not even touching. the jordanian government, rosemary, is in a very, very tough position. they have to meet these terms from the imf, but at the same time they re facing anger on the streets that we have not seen in a very long time. yes, and we will be watching to see what king abdullah does in the end once he meets with his prime minister. jomana karadsheh joining us from istanbul in turkey. thank you for joining us. there are more fears of hostilities between gaza and israel. ....

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