We are live in brussels. Manus warm welcome to daybreak europe, from london and abu dhabi. One thing we have to get our heads around, have we got a little overly exuberant about riskon a little too soon7the world bank comes out with their growth report. Looking into the depths of it, it is a world we havent seen since 1990. China, under 6 growth. Nejra good morning, and great to see you. We got factory numbers from germany causing some concern. The eurozone, another flashpoint. Going back to jim littell risk, geopolitical risk, it looks like for now we will not see further escalation between iran and the u. S. , but the risk of proxy war is still there, and as the investigation happens into the boeing crash as well, if that becomes a clinical headache for iran you wonder if they could feed into wider risk in the region as well. Manus yes. The question for markets here is whether there will be plentiful supply. Headlines,e, red well delve deeper shortly. Innate pharma, a big miss. The m
Future of the country i. Need to rethink that is drama. To me its all about a new i might show join me in the contest and beat up the. Post. Stocks fall into Oil Prices Surge as investors worry about new tensions between the u. S. And iran look at what exactly has markets concerned. Also on the show south africas struggling economy is bracing for yet another blow a 3rd junk status reading on its debt. And will hit the road in the u. S. And meet some hard travel amazon workers this is your d w Business Report im Stephen Beardsley in brylin good to have you with us. Global markets are watching closely as tensions rise in the middle east following the u. S. Killing of a top iranian general of special concern or oil the persian gulf is home to some of the Worlds Biggest Oil producers and theyre now in the middle of an escalating crisis. The u. S. Air strike has sparked concerns that regional tensions could escalate further but tension disrupting crude supplies the strait of hormuz located
Hit the road in the u. S. And meet some hard traveled amazon workers. This is your Business Report im Stephen Beers in berlin thanks for joining us. Companies operating in iraq are tightening Safety Measures after the u. S. Killed a top iranian general drawing vals of retaliation from teheran Oil Refineries and shippers in the persian gulf have been targeted in the past for iranian sponsored actions in Global Markets are clearly fearing a repeat Oil Prices Rose on friday and stocks fell. The u. S. Air strike has sparked concerns that regional tensions could escalate further but tensions disrupting crude supplies the strait of hormuz located between a man and iran connects the persian gulf with wider is the ways some 20000000 barrels of oil pass through this choke point every day any hint of trouble in the region sends the prices climbing the persian gulf is home to 3 of the worlds top 10 oil nations when measured by oil reserves irans mainstream exports have already been squeezed by u.
And simply. My husband went to peru because of the crisis that if he hadnt gone there we would have died of hunger on one of them. Displaced stores for nearly 15 going to. The fact that. Tensions are rising in iraq and Oil Producers are tightening security could fridays spike in oil prices be taste of whats to come as investors fear retaliation for a high profile killing. Also on the show south africa braces for another economic blow as a 3rd Ratings Agency considers demoting the countrys debt to junk status. And will hit the road in the u. S. And meet some hard travel emmas on workers. This is your. Business report im Stephen Frears in berlin thanks for joining us. Companies operating in iraq are tightening Safety Measures after the u. S. Killed a top iranian general drawing vows of retaliation from tehran Oil Refineries and shippers in the persian gulf have been targeted in the past for iranian sponsored actions in Global Markets are clearly fearing a repeat all prices rose on friday
With exclusive. The must see concerning culture in europe. To be curious minds. Do it yourself networkers. So subscribers dont miss out. On has released stunning 2 digit Economic Growth figures i have some people lost whether they are good to be true. Remains high in many parts of africa but a cheap solution developed by the stop of us sets out trends that will. Come up with the idea. This is bizarre for you welcome to rwanda is reporting double digit growth for the 2nd quarter of the year heavy government spent. Especially in Civil Construction projects drove g. D. P. Growth 12. 2 percent in the quarter considerably higher than a year randa has become an economic darling of Subsaharan Africa spending heavily to improve infrastructure and attract outside investment but the kigali government has been accused of manipulating statistics to paint a pretty picture of the economy. Now lets look into that from toronto im not joined by david him barack hes an economist and former advisor to ru