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the big boss of ocean network express, always good to see you. thanks for your time and i'll check in with you soon. so so far in the show, we've been talking about the new threats to food supply and how they could drive up prices. and that could mean anything from starvation for some to rising costs of living and interest rates for others. one thing is that it might touch everyone on the planet. and i tell you what, many, many people around the world also shop using my next guest company. we're talking wal—mart. it's the biggest retailer in the world, and she's in charge of the entire business outside of the united states. judith mckenna, a real pleasure having you on my show. and judith, on this week's show, we've been talking about the impact of extreme weather on food prices, including the ban of most rice exports from india. and just at a time, judith, when we started to see
threatening your targets? because and correct me if i'm wrong here, but but you've said you want to double your volume of business to around $200 billion in five years. i'm just wondering, again, if these international events could could impact on that target world events. economies always have an impact on businesses. but when you look at the target we set for that, which is over a five year period and think about the businesses that we have around the world, you know, our businesses reach out to about 40% of the world's population through the countries that we that we operate in. that we that we operate in i think that we're still very confident about being able to get there. and as we know, wal—mart, it's very well known for keeping prices low. but... and judith, you'll know this, some will say something that perhaps the critics will say that that isn't always fair and sustainable on your suppliers. i'm just wondering, do you have a duty to them as as well as to your customers? you know, i don't think in the world, our relationships with our suppliers have ever been so important as we seek to create value for the customers
we want to do that in partnership with suppliers. you know, we're intent on making long term investments, having strategic partnerships to help both people, both companies be able to operate effectively, efficiently, and still be able to produce great quality products which customers want. judith, let's look at india. i mean, one of the biggest markets in the world, you own a majority of flipkart, that's the biggest online retailer there. is the indian consumer spending as much as you'd hoped? yeah, india is an amazing market. in fact, i'm going there next week. it is 1.4 billion people, an average age of about 28. growing middle class and increasing digital adoption. i think what we're seeing both of our businesses there, we have two businesses. we have a flipkart business, which is a online marketplace business, and we have phonepay, which is the market leading payments business there. both have done incredibly well
celebrations are in full swing across the country. some in the gay community say they feel targeted by new laws that are being rolled out in conservative states and arise in threats of violence. chris nguyen has more on how the community is staying strong as their fight for equality continues. ♪ ♪ >> reporter: with pride month underway across america, members and allies. lgbtq+ community are coming together to celebrate. yet for some a feeling of anxiety permeates the air. >> i'm scared for us. i am scared we are going to lose our right. >> reporter: judith and her wife attending it this pride kickoff event in washington as she worries about what mounting political tension around lgbtq issues means for the future. >> cut it out with the prejudice. cut it out with the changing laws. we are just people.
pete: hello good morning it's 8:00 o'clock hour on the east coast, that was a navy band northeast ceremonial band that you were listening to. they have been here all morning and they were here yesterday and they are fantastic, it is the day before memorial day, the day before we recognize, honor and remember all those who lost their lives in service to our great country. from that we have fewer e-mails honoring service members in their lives that were killed in action. pete: let's start with john and judith who are in remembering their son john j dunn, he was killed in an intruder aircraft to japan in 1984. rachel: honoring the navy johnny johnson he was killed aboard the uss plymouth when he was torpedoed by an au boat off the coast of cape henry virginia back in 1943. lastly lynn is remembering her