the 0.75% increase is an attempt by the federal reserve to combat surging inflation. rising prices are continuing to hit president biden s poll ratings. now on bbc news: talking business with aaron heslehurst. hello. let us take a look at what is on the show. the global economy is facing multiple crises, from supply chain chaos, war in europe, and potentialfamine. can this so called poly crisis be taken on by the wto, the world trade organization, as global trade ministers meet face to face for the first time since the pandemic and the war in ukraine? i am going to be discussing all of this with these two. there they are. the boss of the world trade organization, as well as a former wto judge from china. and what does this mean for a business where trade is everything? i will be speaking with the boss of one of the biggest shipping and freight companies to find out how they are navigating through these choppy waters. whrnever you arejoining me from around the world, hello, we
iam going i am going to be discussing all of this with these two. there they are. the boss of the world trade organization, as well as a former wto judge from china. and what does this mean for a business where trade is everything? i will be speaking with the boss of one of the biggest shipping and freight companies to find out how they are navigating through these choppy waters. whenever you arejoining me from around the world, hello, welcome to the show. we are in a poly crisis. that is according to ngozi okonjo iweala, director general of world trade organization, because the wto is holding its most important meeting in more than four years. this week, trade ministers from more than 150 countries will gather in geneva in switzerland. the meeting has twice been postponed covid outbreaks. but now, as well as a world facing a pandemic and this aftermath, there is a war on european soil. globalfood shortages. and the global cost of living crisis. and of course, the continuing
fuel prices and the average cost of driving around has increased massively in the last 12 years. to have that not even be reviewed, do not have any more that we can give tax free, is making it exceptionally hard to even be able to support the star. ., ., , hard to even be able to support the star. ., ., . ,., star. you are saying the government can do more- star. you are saying the government can do more. they star. you are saying the government can do more. they could star. you are saying the government can do more. they could also - star. you are saying the government can do more. they could also cut - can do more. they could also cut some of the fuel duty, which they take from fuel at the pumps. yes. they could take from fuel at the pumps. yes. they could do take from fuel at the pumps. yes. they could do so take from fuel at the pumps. yes. they could do so much take from fuel at the pumps. yes. they could do so much more, - take from fuel at the pumps. 133
good morning. for england and wales we are looking at rain at times, some hill snow that even some of that getting to lower levels at times. and the risk of ice. the scotland and northern ireland, some wintry showers, drierand scotland and northern ireland, some wintry showers, drier and brighter in the west, but wherever you are it will be blustery and cold. i will have all the details later. it s monday the 4th of december. our main story. israel says its ground offensive has now expanded to every part of the gaza strip following days of intense bombardment. the united nations says palestinians are being squeezed into a corner of the territory worsening the already dire humanitarian conditions. yolande knell has this report. ominous warnings the israeli flairs that hang in the night sky over gaza are followed by the thuds of explosions. rumbling explosion. and on the ground, israel s military says its offensive has now expanded to every part of the palestinian territory