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BBCNEWS World Business Report July 7, 2024

we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns ....

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BBCNEWS World Business Report June 4, 2024 04:41:00

Right direction, it s also going to be hundred billion dollars in that bill spent over the next five years to try to create tech centres around the country so we will have new start ups springing up in austin, denver, even metro areas don t see a lot of tech development. development. does this not inflame tensions development. does this not inflame tensions with i development. does this not inflame tensions with china | development. does this not l inflame tensions with china at a time when the us is already in hot water with the president over this proposed visit of nancy pelosi the house speaker to taiwan? it nancy pelosi the house speaker to taiwan? to taiwan? it means the us is back in the to taiwan? it means the us is back in the game to taiwan? it means the us is back in the game here, i to taiwan? it means the us is back in the game here, we i to taiwan? it means the us is| back in the game here, we are ina back in the game here, we are in a competitive environment with ....

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