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Transcripts For BBCNEWS World Business Report 20240711

Late on monday, us President Joe Biden met to discuss the global chip shortage. Last week, us auto giant General Motors said it would suspend or reduce production at three plants because of the lack of semiconductors. Other car makers have already reduced output. Samira hussain has the latest from new york. The aim of the Virtual Summit was to discuss the global shortage of semiconductors, a shortage of semiconductors, a shortage that is costing american countries, companies billions of dollars and forcing massive temporary layoffs. Many factors contribute to the overall lack of chips including much higher than expected demand for them, and the sheer number of items that require them, anything from laptops to cellphones, cars, and even refrigerators. Chinese Tech Companies have exacerbated the crisis. Most of the worlds supply of Semiconductors Comes from asia, something the us president wants to change. For too lona president wants to change. For too long as president wants to change.

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Transcripts For BBCNEWS BBC News 20240711

Had people lining up to get them in. They are still millions and millions of unused doses around europe that arent getting in actually vaccinating people and i think you should focus on supporting National Government to fix that problem and they would not need to worry about that. ,. ,. , that. Its interesting that at times as well as focusing that. Its interesting that at times as well as focusing on that. Its interesting that at times as well as focusing on this. That. Its interesting that at times as well as focusing on this. Its i as well as focusing on this. Its picking up their new vaccination targets. It inoculated 4. 6 million people. Compare that to the uk. Germany has changed their mind when it comes to the efficacy of the astrazeneca vaccine for over 65 year olds. There was a concern they did not have enough data to make that case for that but they had a Change Of Heart. The . Make that case for that but they had a Change Of Heart. A Change Of Heart. They had Change Of Hear

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Transcripts For BBCNEWS World 20240705

price of these items. greetings, j thank you for having me. as you mentioned, the food prices index, the climb compared to it, the decline was modest, around 2% but what is important is that the decline which we observed last march in march 2022 was over 22%. so what is behind it? let s remember that the food price index includes quotations of bulk commodities so on this international level bulk commodities, the markets depending on the specific commodity, remain relatively balanced supply and they are often quite stable. we have noticed a decline in the cereal prices when the maize and wheat prices when the maize and wheat prices decline while on the other hand rice prices increase. so it means the supply generally is quite steady while the demand remains steady. i would like to mention the case of sugar which has been, unlike other commodities, increasing recently. this is because of relatively tight conditions on the global markets and concerns about la nina on production.

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Transcripts For BBCNEWS BBC News 20240706

president biden will address the irish parliament in dublin this afternoon as he continues his visit to the island of ireland. in belfast yesterday, he urged northern ireland s political parties to resume power sharing. today, he s expected to affirm the strong ties between the republic of ireland and the united states. charlotte callagher reports from belfast. an irish homecoming for a us president. applause. joe biden, who describes himself as a proud irish american, arrives in his ancestral home of county louth. ., , ~ louth. coming here feels like cominu louth. coming here feels like coming home. louth. coming here feels like coming home, it louth. coming here feels like coming home, it really - louth. coming here feels like coming home, it really does. | coming home, it really does. the way every time i have come, the welcome, the people in the streets, they are so gracious to us. ., , , ., to us. he flew into dublin from belfast on to us. he flew into dublin from

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Transcripts For BBCNEWS Breakfast 20240707

down. good morning from southampton, where northern ireland and england face each other in their final group game at the euros. england look to continue their winning form as they head to the quarterfinals, while northern ireland want to finish their first major women s tournament on a high. sunny in the southern half of the country at the moment but a cloudy and damp start in the north. it will brighten up. news of exceptional heat coming our way into next week. it s friday, 15thjuly. our main story. thousands of rail workers are to go on strike again as the leader of one of britain s biggest union warns of a summer of discontent . the rmt union has announced its members will strike on thursday the 18th and saturday the 20th august in their ongoing row over pay, jobs and conditions. the union had already announced a day of action on the 27thjuly. yesterday, the aslef union also said train drivers at eight rail companies would stage a walk out on saturday 30th july. sharon g

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