Of Thousands Ofjobs for other programmes leaving the state. Our business correspondent, theo leggett, joins us now. As we heard, this is Notjust A grievance about rejecting a 25 pay rise, this is problem going back over 15 years, what is the history . We have seen in this vote which was absolutely emphatic, 96 of both pulled voted for the strike shows the depth of feeling between the workforce against management and how little trust there is between the workforce and bowing management. As you say, that does go back a long time because in past renegotiations of Contracts Bowing was in a strong position and it went into these negotiations threatening to remove production from the pacific Northwest Area and take it into other states. That went down very badly with Boeing Workers in the region who are to accept reduced terms and conditions including the removal of Pension Schemes and those resentments have remained. Over the past few years as well while boeing has been trying to mmp while
And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, th
I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth?
Years Mercury Prize for their debut album, this could be texas. Hello and welcome to the programme. Im lukwesa burak. The civil War in sudan thats lasted 18 months now shows no signs of ending and the bbc has seen, first hand, the desperate conditions civilians are enduring. Millions have been displaced and Aid Agencies are Warning the Hunger Crisis is of historic proportions. Nawal Al Maghafi has gained rare access to the city of Port Sudan and a key Border Area in neighbouring chad, where refugees are still flowing out, as Aid Agencies desperately try to get aid in. The faces of a forgotten War. These are some of the Familys Court at the centre of what is being called one of The Worlds worst humanitarian crises. Here in sudan, 26 Million people are facing acute hunger. We only get one meal a day, this woman says. In this Displacement Camp in a Port Sudan, the essay from the front lines of the conflict that life is hard. In another camp nearby people 0 for water. Their most basic righ
Lets start in the us where its been a tumultuous week on the markets following the publication of a series of reports on the state of the Labour Market. On thursday, one of the latest of these reports showed private employers in the us posting their smallest monthly hiring growth since january 2021, with just under 100,000 new positions. On wednesday, government data showed Job Openings dropped to a 3. 5 year low injuly with 7. 67 million vacancies. And later today, all eyes will be on the Monthlyjobs Survey of employers and households. Last month, the Labor Department reported the Unemployment Rate had hit 4. 3 injuly up from 3. 5 a year earlier. This report is one of the most important gauges of the state of The Worlds largest economy and it is coming at a critical time with the president ial campaign under way. So what might be in store . Joining me now is kyle handley, associate professor of economics at the university of california san diego. Every so much apprehension, you just h