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Transcripts For BBCNEWS World 20240705

joins me now, head of autos and infrastructure at fitch solutions. good morning to you. so, this has literallyjust come out, hasn t it? what do you make of this plan? it hasn t it? what do you make of this plan? this plan? it really appears to be future this plan? it really appears to be future proofing this plan? it really appears to be future proofing the - this plan? it really appears to | be future proofing the industry for this shift to evs which is already the fastest growing segment in the market, and that brings with it big changes to the manufacturing side of the industry. we have been looking at something similar ourselves and what will be the megatrends in the industry to 2050 and one of those is automation because evs are particularly well suited by manner of having fewer parts to more automated manufacturing and it has an impact on the skill sets that are required for manufacturing. but notjust are required for manufacturing. but not just the are required fo

Sally-bundock
Uk
Electric-industry
Parties
Car-industry
Business-stories
Car-makers
Trade-body
Infrastructure
Sector
Prize
Emissions

Transcripts for BBCNEWS World Business Report 20240604 04:39:00

Situation in pakistan, 22% interest rates sound eye watering. interest rates sound eye watering- interest rates sound eye waterina. , , , interest rates sound eye waterina. , , , watering. yes, the country is cominu watering. yes, the country is coming out watering. yes, the country is coming out of watering. yes, the country is coming out of a watering. yes, the country is coming out of a very - watering. yes, the country is coming out of a very delicate j coming out of a very delicate state we call it, inflation thatis state we call it, inflation that is 30% at the moment, i think the key challenge, the country also faces the liquid reserves. and the realities in the next six months if we look at the central bank figures, it is about eight .5 billion of foreign exchange, they need to pay that back. this doesn t match up. the imf has redlined and says the country should have three months of input reserves. this equates to about four weeks but it really is a challenging situati

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Eye-watering
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22
Inflation

Transcripts for BBCNEWS World Business Report 20240604 04:35:00

Morrisons, etc. your thoughts on what they are likely to say as to why they are not passing on reductions to their customers? on reductions to their customers? all the other exuenses customers? all the other expenses they customers? all the other expenses they are - customers? all the other| expenses they are getting customers? all the other. expenses they are getting at the moment in terms of costs of power, all those elements coming through, all those extra costs and wage costs as well. inaudible on the other hand. there is strong competition. there is strong competition. there is strong competition, you have to go beyond the major supermarkets to find it and to try and find those discounts that are given. what you are now seeing is a spotlight put on supermarkets to come up with them being honest or not. the other story them being honest or not. the other story that them being honest or not. the other story that is them being honest or not. the other story that is in the

Customers
Expenses
Terms
Reductions
Costs
Thoughts
Mother
Etc
Morrisons
Exuenses
Competition
Flights-inaudible

Transcripts for BBCNEWS World Business Report 20240604 04:54:00

Stress about this this orbital flight happening now in space tourism and this one on a particular regime, the licensing regime that the faa has revised to make this flight possible. they factor, the test flights inaudible. in a similar fashion this happened with oceangate expeditions and the titan. this does not mean this will happen in space, there is a very big attention on supported space light and space tourism this time around, i do not think the sector could survive an accident to the scale of the titan one. i do not think anybody wants anything to happen. and i think, following this first commercial flight,

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Space
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Oceangate-expeditions
Fashion

Transcripts for BBCNEWS World Business Report 20240604 04:37:00

1.3, 1.4%. better rates, getting rates to 1.3, 1-496- 1.3, 1.496. just before we let ou 1.3, 1.496. just before we let you and 1.3, 1.496. just before we let you and your 1.3, 1.496. just before we let you and your lovely - 1.3, 1.496. just before we let you and your lovely go, - 1.3, 1.496. just before we let you and your lovely go, i - 1.3, 1.496. just before we let i you and your lovely go, i want to get your comments on the european central bank s annual conference in portugal, the deputy head of the imf, warning central banks and saying you need to be very careful in your goal to reach 2% for inflation or whatever the goal might be for the certain central bank, and consider the financial risk, certainly in europe where some economies are looking a bit shaky because their debt levels are so high. levels are so high. yes, you have to levels are so high. yes, you have to be levels are so high. yes, you have to be very levels are so high. yes, you have to be very careful,

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