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July 7, 2024
across the region. theyre venting their anger over soaring fuel and fertilizer costs, low prices for their produce, and increasingly restrictive eu regulations. demonstrations by farmers are planned in poland, hungary and italy today. italys government has promised tax breaks to ease hardship for farmers after hundreds began gathering with their tractors this week, on motorways outside rome and turin. this was the scene on thursday. and in cyprus, farmers blocked the entrance to the eu...
July 7, 2024
those the 2024 presidential ballot. counting has begun ir after those counting has begun in pakistan after a campaign marred by violence. president zelensky fires the chief of the army. a new study suggests erectile dysfunction drugs could also reduce the risk of alzheimers disease. lets round up the business news of the day. we start with the entertainment giant disney — whose share values have climbed by nearly 10% today after better than expected earnings were posted after the bel...
July 7, 2024
helped drive forward returns, as you say. this target was what we were expecting to hit at the end of the year, but we have seen a little bit of better than expected economic data also helping optimism that earnings growth might pick up a bit in the next few months. so is this all about expectation for rate cuts? is the optimism because of strong earnings? i the optimism because of strong earninus? ~ ., , earnings? i think it really does reflect _ earnings? i think it really does refle...
July 7, 2024
quite good value for money and people think i am insane for saying that but what other eventin saying that but what other event in the world have you got where everybody is watching the same thing at the same time and everybody is talking about the adverts? good to have you with us. lets talk business with me, sally bundock. we start with walt disney because the century—old entertainment giant is battling to turn itself around in a fast—changing world. disneys shares have lost over...
July 7, 2024
continued to expect continuing to read cuts from the fed, which is held jack forward returns. as you say, this target is what we were expected to hit at the end of the year but we have seen a bit better—than—expected economic data that is hope and optimism that things might pick up in the next few months. is that things might pick up in the next few months. is this all about _ the next few months. is this all about expectation - the next few months. is this all about expectation fo...
July 7, 2024
where sentiment has been weakening since about mid—january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now its very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. yes. so what do you think the reaction from the chinese government is going to be then to these numbers that are worse—than—expecte...
July 7, 2024
with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight...
July 7, 2024
the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we w...
July 7, 2024
economy grew faster than expected in the first quarter thanks to robust consumer spending after lockdowns were lifted. but factory output has lagged due to weak global growth and this latest data raises questions about the sustainability of chinas recovery. a market strategist told me these numbers show how uneven chinas recovery has been. a pretty dire set of numbers, although services is still an expansion. it has come below expectations, but of course the bigger shock on the manufac...
July 3, 2024
It has been the wettest 18 months on record since 1836, one of the wettest winters in decades that many farmers can remember. It has had a huge impact on the ability to grow crops and it has been quite sudden. In 2022 we were talking about extreme heat and drought and farmers not being able to get crops out of the ground because it was baked too hard. This winter they have not been able to get them in the ground because it has been too wet, waterlogged and soft, basically. That means that the am...