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BBCNEWS World July 6, 2024

exports via the black sea for another two months. the existing deal was arranged last july to tackle a global food crisis caused by russia s invasion of ukraine one of the world s top grain exporters. it was due to expire today, thursday. arnaud petit, executive director of the international grains council says the extension is vital for many countries food security. you re right, it is very important to have this extension, particularly for north african, sub saharan african countries, which would import much more grains that we have seen in the past season, so really it s good news for them that they can already plan some buying contract with producers in ukraine and also in russia. and important, as you say, about russia because there maybe is a tendency to think that russia is just blocking those exports from ukraine, but this is also good news for russia, isn t it? indeed, both ukraine and russia exported 70 million tonnes of wheat during the current season and we ex

BBCNEWS World Business Report June 4, 2024 13:42:00

by technologies including artificial intelligence. the headcount reduction from the current workforce of 130,000 includes staff and contractors. thousands of people have taken to the streets in the argentine capital buenos aires to protest about the economic crisis gripping the country. inflation hit 109 % in april, despite regular interest rate hikes and moves to control prices, raising fears of a return to hyperinflation that hit the countryjust over 30 years ago. on monday the central bank raised the cost of borrowing to 97%. england s water companies have made an unprecedented public apology for not acting quickly enough to tackle sewage spills. they have faced mounting public anger over continued spilling of raw sewage into rivers and seas. water uk, an industry body representing nine companies, said on thursday they were ready to invest an additional £10 billion, but it could mean higher bills.

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