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BBCNEWS World Business Report July 7, 2024



hello there. as you have heard, last minute talks to avoid strike action on the uk s rail network have failed. now, millions of people will face travel misery as the biggest rail strike in 30 years brings services to a standstill in england, scotland and wales. the first strike started this morning and more are planned on most major lines on thursday and saturday. the rmt union says its members oppose stagnating pay and want justice. but industry bodies have warned against a strike action, saying it would shatter hopes of recovery for many businesses . joining me now is dr roger barker, director of policy at the institute of directors. thank you forjoining me today. is it fair to say that businesses will go under this week as a result of the strike? that may well be the case. this is gonna have a big impact on business. that impact will be quite uneven. some of us will be able to go back to working, taking off where we left off during covid. other sectors won t be able ....

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BBCNEWS World Business Report July 7, 2024



the united nations has warned the conflict in ukraine could send tens of millions into famine, at the same time, egypt s finance minister warns that millions could die globally because of the food price crisis. the war is directly affecting global food supplies, especially wheat, maize, barley and sunflower oil. eu agriculture ministers will meet in brussels today to review the current crisis. joining me now is sean rickard, independent economic analysis. thanks very much for being with us, just how serious a threat as the war on global food supplies in your view? it is supplies in your view? it is serious but supplies in your view? it is serious but they supplies in your view? it is serious but they think - supplies in your view? it 3 serious but they think we ought to take care not to exaggerate the situation. obviously ukraine is one of the world s largest exporters of wheat and oilseeds and its ability to export has been severely curtailed but the rise in prices ....

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Brazil's soy sector faces profit challenges from climate

Soy producers in Brazil who persist with high emissions, rely heavily on land conversion, and lag in technology adoption are at heightened risk of financial setbacks amidst climate transitions, warns Niamh McCarthy, director at Orbitas. ....

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€50m ag decarbonisation fund eyes extra income for Ukraine's war-torn farmers

HeavyFinance, the company raising €50 million for a private credit fund to help advance agricultural decarbonisation in Bulgaria, Latvia, Lithuania, Poland and Portugal, has announced it will lead the restoration of 300,000 hectares of Ukrainian farmland to give farmers extra income in ‘tough war and post-war times’. ....

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