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Transcripts For BBCNEWS World 20240704

For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think ....

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Transcripts For BBCNEWS Asia 20240704

Impact of these floods. The flooding so far in the month ofjuly is estimated to have cost around 25 billion usd. And of course the season for these sort of extreme weather events is not yet over. August and september, historically, have also often had Severe Weather events, such as typhoons and floods, as well as drought. Last year, china was also hit by a very severe drought. So what were seeing is increasing impact of Severe Weather events on china. And this is, of course, linked to rising temperatures globally. Climate change is very much linked to what were seeing at present in china and in recent years. And theres a lot of concerns that as Global Temperatures rise further towards that global target of one and a half degrees centigrade, that the impact and economic costs of these
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Transcripts For BBCNEWS Asia 20240704

Regional expert who explained the Economic Impact of those floods. ~ ,. , . ,. , floods. While youre flooding so far in the floods. While youre flooding so far in the month floods. While youre flooding so far in the month of floods. While youre flooding so far in the month ofjuly i floods. While youre flooding so far in the month ofjuly is| so far in the month ofjuly is estimated to have cost around 25 Billion Us Dollars then of course the season for these sorts of extreme weather events is not yet over. August and september historically have also often had Severe Weather events, such as typhoons and floods, as well as drought last year china was also hit with a very severe drought. So what we are seeing is increasing impact of Severe Weather events on china ....

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Transcripts For BBCNEWS Asia 20240704

Expert rajiv biswas, who explained the Economic Impact of these floods. Of these floods. Well if flooding of these floods. Well if flooding so of these floods. Well if flooding so for of these floods. Well if flooding so for any of these floods. Well if i flooding so for any month of these floods. Well if flooding so for any month of july is estimated to cost around 25 billion us dollars, then of course the season for then of course the season for the extreme weather events is not yet over, august and september, historically, have also often had Severe Weather events, such as typhoons and floods, as well as droughts. Last year china was also hit by very severe drought. So what were seeing increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally,
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Transcripts For BBCNEWS Asia 20240705

number one in the world of the last few years. under expectation this year is to see another 13,500 millionaires leave china. leave china. are they completely leave china. are they completely cutting i leave china. are they i completely cutting ties leave china. are they - completely cutting ties from china? ., ., . . completely cutting ties from china? ., ., ., ., a china? no, not at all. as peeple china? no, not at all. as people become - china? no, not at all. as people become more - china? no, not at all. as - people become more financially independent they do seek sometimes what are considered greener pastures. reasons for that might include better education for their children, access to healthcare. i think in china s case, as i said, a lot of people do still keep their businesses there, we expect it to sit probably in second place with a500 net inflow of millionaires into the uae and particularly into dubai. . , , dubai. have you seen this migration dubai. ....

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