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eurovision song contest. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show, what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting ....
now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way, but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting cheaper next year. where ....
now, for the business news, i m victoria valentine. we start in the us where there is more evidence that, after tens of thousands ofjob cuts, big tech is pulling out of its post pandemic slump. amazon is the latest to reveal it s making much more money than wall street was expecting. sales hit more than $127 billion in the first three months of the year, and the online retail giant says that figure will be higher in the current quarter. it comes after alphabet, the owner of google and youtube, and meta, which owns facebook and instagram, both surprised investors with better than expected results. samira hussain reports from new york. this over the last year and is on has been aggressively cutting costs to help with profitability. it has already laid off 18,000 people and is currently about to eliminate another 9000 jobs. currently about to eliminate another 9000jobs. it currently about to eliminate another 9000 jobs. it would appear that some of those measures are alrea ....
in the past hour we have just had an update on some important data. they show the world s biggest economy is still growing but more slowly than first thought. the first three months of this year the us economy grew by 1.1% months of this year the us economy grew by1.1% and months of this year the us economy grew by 1.1% and that is on an annualised basis with consumer spending still remaining pretty strong but many analysts have been expecting today s figure to be closer to the 2% mark with all of this of course adding to fears that the american economy is running out of steam so let s get the thoughts of steam so let s get the thoughts of samir hussein, our north american business correspondence standing by new york and that is the question, isn t it. is this just a temporary blip or are we on a longer term slowdown? because we have talked a lot about the us avoiding recession. this will be welcome news. they can certainly not. this demonstrates the us economy is certa ....
this is bbc news. our main headlines. outlines the end of sudan s ceasefire. china accuses the us of causing confrontation after agreeing a deal with career. ukraine could have more landmines than anywhere else in the world. and jerry springer known for his raucous talk shows has died at the age of 79. we will have more on all of those at the moment. sports news first. bbc sport centre. we can start with three premier league matches to look forward to that could prove decisive at both the top and the bottom of the table as the race for survival in champions league places at the finishing line in sight. third placed newcastle face everton who dropped into the bottom three last night after nottingham forest s win. there is also south coast derby with trouble for st mary s to play southampton and fourth place manchester united went to tottenham to play spurs against anotherjudgment under against another judgment under another caretaker against anotherjudgment under another ....