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Good morning. You have been crunching the numbers, they have just come out. They sound like they are doing very well. It does, doesnt it . They are benefiting from Rising Interest Rates all around the world, not just in the uk. Hsbc is a global buying and we have had Interest Rate rises everywhere, they have cashed in on back. Margin up by a0 basis points and revenues increased as a result. Cashed in on that. Most of the money they are making is in asia, i assume . Yes, pretty much. They are looking at good performances in commercial banking, transaction banking, things like that. Its looking pretty solid across the board. ,. , board. There was this whole roblem board. There was this whole problem with board. There was this whole problem with their board. There was this whole problem with their biggest l problem with their biggest shareholder in china wanting to split u ....
What this materials more means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. 50 some production right be delayed some production right be dela ed. , delayed. So this sort of poses a bit of an delayed. So this sort of poses a bit of an existential delayed. So this sort of poses a bit of an existential thread i a bit ....
and they were much better than expected. the new boss of bp, murray auchin closs, has had a mountain to climb since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bps share price has languished while rivals such as exxonmobil have soared, some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. cornelia meyer is ceo of meyer resources, an energy consultancy. she was a former senior executive at bp. always good to have you with us. talk to me about that new dilemma that the new bus finds himself in. he has a debate where the new investment will come. continue to put money into green investments that are costly and won t pay off straightaway, or go down the route of fossil fuels which investors like but is not deemed to be the root of the future. . ~ but is not deemed to be the root of the future. ., ~ , ., ., ., the future. thank you for ha ....