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i don t really see anything more meaningful coming into the market. we have reached now the halfway point of 2023. how would you describe the health of the global economy? that s a really intriguing question. i think throughout this year, central banks and lawmakers and policy makers have been focused on containing inflation, bringing inflation under control, and a lot of these banks have failed to bring the inflation to the target level, which is still running quite high, so especially in the uk, the cost of living crisis is a huge issue, and inflation data last week has already shown that there is no easiness or ease off in the data for the time being. but, having said all those pessimistic things and pointed to those factors, i think i am a bit more optimistic going into h2 of this year because i think inflation is going to come closer to the central bank s target, whether we are talking about the federal reserve, whether we re talking the ecb, and, of course, inflat ....
lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel rig ....
there have been many advances in al, artificial intelligence. at the same time, there have been even more momentous developments in another ai, america and india. applause. let s speak now to mukesh aghi, president of the us india strategic partnership forum in washington dc. a real pleasure having you on the show. i am wondering how much is china determining this relationship between the us and india? weill. china determining this relationship between the us and india? well, the bi kahuna between the us and india? well, the big kahuna in between the us and india? well, the big kahuna in the between the us and india? well, the big kahuna in the room between the us and india? well, the big kahuna in the room is between the us and india? well, the big kahuna in the room is china. - between the us and india? well, the big kahuna in the room is china. you | big kahuna in the room is china. you have to understand that geopolitically india and the us are aligned in co ....
investing the money they had originally promised. from new york samira hussain explains. after the ohio town where it is based,it after the ohio town where it is based, it started in 2019 and words heralded by then us president donald trump does company that was bringing back manufacturing. since then it has struggled to make electric shocks, making only a handful. they also blame part of their failures on the taiwanese company foxconn, which says promised to invest more money and to collaborate on vehicle development plans. foxconn, which has already invested more than $50 million, said it was hoping to negotiate a solution to lordstown s financial woes. lordstown is not the only electric truck maker that has been suffering lately, river yealm, but by amazon, has made less cars, trucks, advance that it had expected. it is all a big come down from the electric truck frenzy that had wall street investors just a few years ago. that is samira hussain in new york. in other ....
has said the uk is prepared to back our words with actions against the houthis. peter sand is chief analyst at xeneta, an ocean and airfreight analytics platform. i don t know if you have data or statistics on how this is impacting trade so far? if i look at the impacting trade so far? if i look at the most recent developments, a key indicator of the tensions that we are seeing right now, they are up today following the most recent attacks and tension building. we have now is almost 200% up from about a month ago. we are now at 5400, and in the uk, 4500 up, though still dramatic. the reason tensions are now shooting our destroyers. it is not making this go away. some ofthe not making this go away. some of the world s not making this go away. some of the world s biggest - not making this go away. some of the world s biggest shipping | of the world s biggest shipping companies are completely avoiding the red sea at the moment and that will likely continue for some t ....