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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany's chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what's at stake. i'm joined by nathan piper...

BBCNEWS The Context with Christian Fraser July 7, 2024 - Vimarsana News

BBCNEWS The Context with Christian Fraser July 7, 2024

stephanie rawlings blake, the former mayor of baltimore, and lord peter ricketts, the uk's former national security adviser. hello, welcome to the programme. borisjohnson will face no further action from the metropolitan police over the parties that were held in downing street while covid restrictions were in place. borisjohnson and the chancellor, rishi sunak, were both fined last month for breaking covid laws at a birthday party in the cabinet room injune 2020. in a lengthy statement, the met said they had issued a total of 126 fixed—penalty notices, fines to 83 men and women —...

BBCNEWS World Business Report June 4, 2024 04:42:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:42:00

Appreciate your explanation, it is complicated but we do appreciate you telling us more detail on that. the cost of living, fueled by high energy costs and what central banks may do next to counter inflation is on the minds of investors. markets are sharply lower on worries aggressive us interest rate hikes are ahead. if we look at the asian markets: these markets are not so bad but if we look at the us markets: and take a look at the dow, seeing its worst day sincejune, and the nasdaq also sharply lower, as tech stocks in focus again. and for investors all eyes are on the chair of the us fede...

BBCNEWS The Context with Christian Fraser June 4, 2024 20:31:00 - Vimarsana News

BBCNEWS The Context with Christian Fraser June 4, 2024 20:31:00

The dow dropped nearly 1200 points yesterday the worst day sincejune 2020, and they are down again today. similar picture in london, paris and frankfurt. the steep falls on us markets, followed a profit warning from the retail chain target. the retail giant said high fuel and freight costs had cut profits in half compared to the same quarter last year. walmart, similar story, and if those guys are finding tough, and if those guys are finding it tough, with all their economies of scale, then what is happening to the smaller companies? the markets hate uncertainty and there's plenty of that arou...