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BBCNEWS Verified July 4, 2024

Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount ....

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BBCNEWS World July 4, 2024

Rather than russias. Now, if the proposed strikes take place, then europe could face an energy crisis. The International Energy agency has revealed that lng now makes up 35 of europes Energy Supplies not far off the 40 contribution that russia made, before it was sanctioned over ukraine. Nitesh shah is head of commodities and Macroeconomic Research at wisdomtree europe. Thank you forjoining us here on the programme. We are waiting obviously to hear the outcome of whether these strikes take place or not but the fallout could well be significant . Yes, the relative calm in the Global National gas market has been broken by this threat of strikes in australia and its largely because europe has become much more reliant on
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BBCNEWS World July 4, 2024

Should we be interpreting the slide in the value . {lila should we be interpreting the slide in the value . Should we be interpreting the slide in the value . ,. ,. , in the value . Ok, you should not be lookin in the value . Ok, you should not be looking out in the value . Ok, you should not be looking out in in the value . Ok, you should not be looking out in the in the value . Ok, you should not be looking out in the same in the value . Ok, you should not be looking out in the same way in the value . Ok, you should not be looking out in the same way as in the value . Ok, you should not be looking out in the same way as if. Looking out in the same way as if there was a slide in a normally functioning economy or european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry and has been since we last saw the rouble collapsed down to about 130 in march of last year. So the
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BBCNEWS World Business Report June 4, 2024 10:41:00

Out for a fresh one. there are more than 10,000 of these charging stations across taiwan, with more than a million of these batteries in them. that should mean goodbye to range anxiety. well, if my vehicle has a 100 kilometre range, i can only go 50 and then 50 back. which means that now you have a tether on your neck, everywhere you go, that s not a solution. we are solving for range anxiety also at the same time because you can just hop, hop, hop from point to point. this could be the answer to zero emissions personal transport for many of asia s huge megacities. and for this taiwan start up, the next stop is india. the world s largest contract electronics manufacturer, foxconn, made $33 billion us dollars in profit in the second quarter of the year ....

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BBCNEWS World Business Report June 4, 2024 13:40:00

There are more than 10,000 of these charging stations across taiwan, with more than a million of these batteries in them. that should mean goodbye to range anxiety. well, if my vehicle has a 100 kilometre range, i can only go 50 and then 50 back. which means that now you have a tether on your neck, everywhere you go, that s not a solution. we are solving for range anxiety also at the same time because you can just hop, hop, hop from point to point. this could be the answer to zero emissions personal transport for many of asia s huge megacities. and for this taiwan start up, the next stop is india. rupert wingfield hayes. to the us, now where it s a big week for retail results, with the numbers due from some of america s biggest shops, giving us an opportunity to take the pulse of the us consumer. 0ur north america business correspondent michelle fleury is in new york for us. ....

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