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BBCNEWS World Business Report July 7, 2024



we start here in the uk where later today, prime minister borisjohnson will promise new measures to rejuvenate the flagging economy. as part of a visit to the northern county of lancashire, he will pledge reforms to help with the soaring cost of everything, quote, from food to energy to childcare to transport and housing . it comes as fuel prices hit a new record, rail workers threaten strike action over pay, and the oecd think tank warns the uk will be the worst performing economy in the developed world. our business editor simonjack reports. it s a shocking site but maybe not for long. fuel prices continued their relentless march upwards with the average price of unleaded seeing its biggestjump to one pound 78 but many are paying more. i pen; but many are paying more. i pay £2 a litre- but many are paying more. i pay £2 a litre- i but many are paying more. i pay £2 a litre. i do but many are paying more. i pay £2 a litre. i do deliveries, - £2 a litre. i ....

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BBCNEWS World Business Report June 4, 2024 04:43:00

Are not able to what are your concerns? if we are not able to evacuate - what are your concerns? if we are not able to evacuate the l are not able to evacuate the grains from ukraine, and they have a harvest coming up in july with a similar quantity will go to waste, you can see this will work its way through for the next year or two, that will be really, really disastrous.- will be really, really disastrous. the clock is ticking- disastrous. the clock is ticking. 49 disastrous. the clock is ticking. 49 million - disastrous. the clock is i ticking. 49 million people disastrous. the clock is - ticking. 49 million people are already on the brink of famine, already on the brink of famine, a more prolonged humanitarian crisis could be looming. let s return to the cost of living, the era of ultra cheap borrowing is ending around the world. the central bank announced it. pumping money into the financial system. cbd has had emergency stimulus measures in place for eight years and it is ....

49 Million , Central Bank , The Cost Of Living , Pumping Money , Emergency Stimulus Measures , Reserve Bank , Borrowing Cost , Peter Schaffrik ,

Detailed text transcripts for TV channel - CNN - 20110428:08:05:00

Are plunging and spending has been sucked into a downward spiral. japan s parliament is now debating emergency stimulus measures to avert an economic disaster. the country could do without. the bank of japan, the central bank there, looks set to slash its growth forecast for the fiscal year which ends in march to just 0.6%. currently its forecast stann stands at 1.6%. let s take a look at some of these miserable numbers. starting with the worst. industrial output, down by 15.3% in the month of march. the worst drop on record as a result of the disaster. that fall was worse than analysts had been expecting. you don t see numbers like this in a mature economy like japan in normal times. it was the automakers, honda, as we just heard, among the hardest hit, suffering from the problems with the supply chain, of course. but many other industries were equally badly hit. the economy minister himself ....

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