it s part of apple s commitment to invest $430 billion into the american economy and. it also comes at a time when washington is trying to reduce its reliance on foreign trade, foreign on foreign made chips. my colleague samira hussain explains. the 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand in hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors as it
at a time when washington is trying to reduce its reliance on foreign made chips. my colleague samir hussein reports. the 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand in hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors is advised to wean firms from relying on foreign chip makers. last summer, us presidentjoe biden signed an act that drew billions of
this latest ceasefire $245 million in aid to help support people fleeing the violence. i m ben thompson. let s start in the uk where the cost of living crisis is showing some tentative signs that it is starting to ease slightly. the latest rate of inflation for the month of april has fallen to 8.7% now that s still very high and above the 8.2% rate that many economists forecast, but still a significant drop compared to the over 10.1% rate we saw last month. double digit inflation that had been in place since august last year all well above the bank of england 2% target hitting a peak at 10.4% in february, before slowly coming down. this latest figure is the sharpest drop since the cost of living crisis began. but growing cost of food still remains very high. as you can see here, food prices increased by 19% in april and havent yet come down from their peak. making it difficult for people to feel better off right now. joining us now is simon french, chief economist at p
Power since 2015, has taken a number of measures to try and curb the growth of tourism, including closing down around 6000 illegal tourist apartments. as she runs for re election in a tightly full race, the mayor is going further, proposing a series of tougher measures that include opposing the mooted expansion of barcelona airport. translation: of barcelona airport. tuna/mom- of barcelona airport. translation: ~ ., ., , ., translation: we have a plan auainst translation: we have a plan against mass translation: we have a plan against mass tourism - translation: we have a plan against mass tourism that - against mass tourism that includes not expanding barcelona airport because we can t have 20 million more tourists. not allowing more cruise ships terminals to be used and reducing the number of cruise passengers who arrive here by half. and we want to limit further the number of tourist apartments and souvenir shops in the city. shops in the city. opposition arties shops in the city