28 full minutes. Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunami is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we know it, ok . Im sorry to say so, ok, unless we take this option. Bill ahman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ahman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk about scary but in the end, not for bill ahman. Not long after that appearance, we learned that his firm had made more than 2 billi
Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunamias is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we knowth i, ok . Im sorry to say so, ok, unless we take this option. Bill ackman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ackman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk aboutng scary but in the end, not for bill ackman. Not long after that appearance, we learned that his firm had made more than 2t billion from
For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
Regional expert who explained the Economic Impact of those floods. ~ ,. , . ,. , floods. While youre flooding so far in the floods. While youre flooding so far in the month floods. While youre flooding so far in the month of floods. While youre flooding so far in the month ofjuly i floods. While youre flooding so far in the month ofjuly is| so far in the month ofjuly is estimated to have cost around 25 Billion Us Dollars then of course the season for these sorts of extreme weather events is not yet over. August and september historically have also often had Severe Weather events, such as typhoons and floods, as well as drought last year china was also hit with a very severe drought. So what we are seeing is increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally, Climate Change is very much linked to what we have seen at present in china and in recent years and there are a lot of concerns that as Global Temperatures rise furthe
Expert rajiv biswas, who explained the Economic Impact of these floods. Of these floods. Well if flooding of these floods. Well if flooding so of these floods. Well if flooding so for of these floods. Well if flooding so for any of these floods. Well if i flooding so for any month of these floods. Well if flooding so for any month of july is estimated to cost around 25 billion us dollars, then of course the season for then of course the season for the extreme weather events is not yet over, august and september, historically, have also often had Severe Weather events, such as typhoons and floods, as well as droughts. Last year china was also hit by very severe drought. So what were seeing increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally, Climate Change is very much linked to what we are seeing at present in china and in recent years and there is a lot of concern that as Global Temperatures rise further towards that globa