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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:41:00

Rest of the world faces a shipping shutdown guad venegas explains. reporter: almost one month into shanghai s covid lockdown and residents are fed up growing desperation as people run out of food and medicine 25 million people confined to their homes. manufacturing grinding to a halt with little moving in and out of the largest container port in the world. any business that produces physical goods is being disrupted by what s happening in china reporter: and tonight, growing fears it could have a ripple effect on the global supply chain businesses around the world bracing for shortages with automotive and electronic suppliers already feeling the effects. tesla s giga factory shut down. apple s chip supplier foxconn open at just 60% capacity around the country, 45 chinese cities now under some type of lockdown that s 40% of the world s second largest ....

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BBCNEWS Talking Business June 4, 2024 14:31:00

Hello everybody. a very warm welcome to talking business weekly, with me, aaron heslehurst. let s go and take a look at what is on the show. upping the game because of ukraine. europe and america are increasing military spending to combat the threat from russia, but what difference would it make? as moscow and beijing also spend billions more on their armies, will be a bumper payday for the world s grow biggest weapon makers. i am going to be speaking to this weapons expert who says that the only way to take on an aggressor like president putin is to invest in defence. western politicians are trying to balance spending more on defence against the ongoing pandemic recovery. this former german defence minister will tell me why his country is preparing for the biggest increase in military spending since world war ii. also on the show, a shipping shutdown, one industry leader tells me how the war in ukraine has led hundreds of crew from around the world stranded in dangerous seas, with no ....

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