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US electric car maker tesla has announced job cuts - is the ride getting rough for the global electric vehicle market?
Also, should China face sanctions for buying oil from Iran? We speak to a Congressman from the US who thinks so
Plus, the truth behind truth social continues as we look how Trump Media shares have been falling.
And finally, is America’s immigration system broken? Our reporter Erin Delmore has been looking at the political and bureaucratic issues adding to America's labour shortage.
[Image credit: REUTERS/Gonzalo Fuentes/File Photo]
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On today’s programme we discuss the likelihood and nature of an Iranian attack on Israel.Also, find out why a hunger strike has begun on the island of Tenerife in response to the damaging effects of tourism on the Canary Islands.Plus, we head to Argentina and find out how they are grappling with high inflation.And finally, find out how an American Farm Grows $1,700-Per-Pound White Truffles…
[Image credit: Reuters]
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Joe Biden has pledged to protect the Philippines from any attack in the South China Sea. He made the comments at a White House summit with Philippine president Marcos and Japan's Prime Minister, Fumio Kishida. We look at the importance of the US economic relationship with Japan.
President Biden has also introduced new rules aimed at tightening gun control in America. We discuss the prospect of additional scrutiny on firearms sales in the US.
In Australia, demand for so-called granny flats is growing in Australia due to soaring rental costs. Nicole Gurran, Professor of Urban and Regional Planning in Sydney explains the current state of the housing market.
Vivienne Nunis is joined by Stefanie Yuen Thio, Joint Managing Partner of TSMP Law in Singapore. And Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy.
(Photo: President Biden Holds Trilateral Meeting With Japanese Prime Minister Fumio Kishida And Filipino President Ferdinand Marcos. Credit: Andrew Harnik/Getty Images)
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Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.
How will the new law restricting abortion in Arizona affect the state’s clinics?
Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.
(Picture: Wad of U.S. paper bills - stock photo. Picture credit: Getty Images)
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Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on?
Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan.
(Picture: Businessman using a mobile phone to check stock market data - stock photo. Picture credit: Getty Images)
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More than thirty million people live along the path of the solar eclipse; many others have travelled to share the experience. NASA conducted experiments to study the Sun's atmosphere during the phenomenon. A quarter of Airbnb guests in the US with bookings for Sunday night were booked for a stay in the eclipse’s path.
Also, in the programme, the presenter Sam Fenwick finds out why tens of thousands of people in the gaming industry sector have lost their jobs in the last few months and why Australian farmers relying on the weather broadcast.
(Picture: Solar Eclipse in Mexico, Mexico City - 08 Apr 2024. Picture credit: EPA-EFE/REX/Shutterstock)
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A rare earthquake that struck New York City has swayed landmarks and cracked roads. Roger Hearing has been speaking to an NYC based stockbroker who describes the moment of impact plus we hear from the Co-Director of the Global Resilience Institute Dr Daniel Aldrich about whether New York is prepared to withstand a quake of a larger magnitude.
Also, on the program we find out about emerging economies joining U.S. and Europe in shielding domestic manufacturers from a rising tide of Chinese imports.
Plus, Argentina struggles to fight against its lethal dengue season as insect repellents run low.
Roger Hearing discusses these and more business stories with two guests from opposite sides of the world: Gabriella Castro Fontoura, Latin American business consultant and economist based in Uruguay, and Peter Ryan, ABC's senior business correspondent in Melbourne, Australia.
[Credit: Photo by SARAH YENESEL/EPA-EFE/REX/Shutterstock]
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We examine one the biggest property deals in Europe since 2022 as Gucci has splashed out on a new $1.3bn office in Milan.British businessman Joe Lewis is sentenced by a US judge to three years' probation for orchestrating an insider trading scheme. The BBC's New York business correspondent Michelle Fleury tell us more.Is Gen Z opting for blue collar jobs rather than going to college? We speak to the president of the American Welding Academy.Roger Hearing discusses these and more business stories with guests Yoko Ishikura, professor Emeritus at the Japanese Hitotsubashi University, and Alexander Kaufman, senior reporter at the Huffington Post.
(Picture: A Gucci store in China. Picture credit: Kevin Foy.)
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Staff at Taiwan Semiconductor Manufacturing Company are back at work . Roger Hearing examines how the leading chipmaker has been affected by the earthquake from Bob O'Donnell, the President of California based TECHnalysis Research.
Tesla expands its ambition into India. We hear what this means for the production and sales of electric cars.
And Disney secures its happy ever after ending after convincing shareholders they’re heading in the right direction.
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A report led by the World Bank and UN estimates costs to rebuild Gaza’s critical infrastructure to be $18.5 billion dollars. We look at how this will be funded and find out why a charity has suspended shipments of humanitarian aid in Gaza.
Also are drivers falling out of love with Electric cars? Tesla and BYD have reported significant a drop in sales, raising concerns about the pace of the global shift to electric vehicles.
And finally, there are more billionaires than ever entering the Forbes rich list.
Photo by MOHAMMED SABER/EPA-EFE/REX/Shutterstock
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A number of countries around the world, including the US, UK and Canada, are making changes to their minimum wage. We examine the impact these increases could have. Plus, why the manufacturing sector in the US expanded for the first time in over a year. Also, Germany relaxes laws around cannabis for personal use but will it lead to a boom in business or a bigger black market?
(Photo by ANDY RAIN/EPA-EFE/REX/Shutterstock)
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The co-founder of FTX has been jailed for "one of the biggest financial frauds" in US history. Also, we find out why the Chinese smartphone maker Xiaomi has launched its first electric vehicle. France votes on a law to prevent discrimination against your hairstyle at work. And, could a law in Florida stop kids under 13 from accessing social media?
(Picture: Former FTX Chief Executive Sam Bankman-Fried, walks outside the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo)
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A local brewery founder near the Francis Scott Key Bridge reacts to the aftermath and we hear from the United States Chamber of Commerce. Also, China buys flying-car technology from a Slovakian company. And, we look ahead to the sentencing of Sam Bankman-Fried, the disgraced former boss of FTX, the cryptocurrency exchange.
(Picture: National Transportation Safety Board (NTSB) investigators work on the cargo vessel Dali, which struck and collapsed the Francis Scott Key Bridge, in Baltimore, Maryland, U.S. March 27, 2024. Peter Knudson/NTSB/Handout via REUTERS. Note: This image was supplied to Reuters by a third party.)
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Rahul Tandon is joined by a reporter in Baltimore to assess the economic impact of the accident.. The port near the bridge is the largest in the US for specialised cargo.
And why are young people recording their bosses firing them, and sharing it online? We speak to one TikToker credited with starting the so-called “QuitTok” trend, and an HR expert who says “public layoffs” are here to stay.
(Photo: View of the Dali cargo vessel which crashed into the Francis Scott Key Bridge causing it to collapse in Baltimore, Maryland, US Credit: Nathan Howard/Reuters)
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Rahul Tandon examines the impact of the departure of the company’s Chief Executive David Calhoun. He is leaving Boeing after problems over the company's safety record.
The US, UK and New Zealand, and the UK have raised concerns about Chinese cyber attacks and campaigns. It comes after reports emerged about a hacking plot which targeted millions of US online accounts.
And could Pakistan be set to resume trade talks with India? We hear from a former Pakistani ambassador to the UK and the US.
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At least 40 people have been killed after gunmen attacked a packed concert venue on the outskirts of Moscow, Russian intelligence have said. Our Presenter Roger Hearing will be hearing the latest from our reporter.
The FBI say there's a criminal investigation into what happened when a panel fell off a Boeing plane in mid-flight back in January. We find what this means for the passengers that were onboard.
And that spare change you donate at checkouts is adding up to millions for charities.
Roger will be joined throughout the programme by two guests on opposite side of the world: Andy Uhler, Journalism Fellow at the University of Texas Energy Institute and Columbia University's Center on Global Energy Policy in Austin, Texas. And Jyoti Malhotra, founder and editor of Awaaz South Asia news website in New Delhi, India.
(Picture: Russian firefighters extinguish a fire on the Crocus City Hall concert venue Credit: EPA-EFE/REX/Shutterstock)
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The US has filed a landmark lawsuit against Apple in which they are accused monopolising the smartphone market and crushing competition. Roger Hearing will be looking at what this means for the company going forward.
Turkey has raised interest rates to 50% to fight inflation at 67%, we find out how it affects ordinary citizens.
And as the EU moves to close unpaid internships but unions say it's not enough.
Roger will be joined throughout the programme by two guests on opposite side of the world: Diane Brady, Executive Director of Fortune Live Media and Editorial Director of the Fortune CEO Initiative in New York City. And James Mayger, China Economics Reporter for Bloomberg based in Beijing.
(Picture: Women uses her iPhone mobile device as she passes a lighted Apple logo at the Apple store in New York. Credit: Reuters)
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The US central bank has left interest rates unchanged this month but says they will be cut three times before the end of the year. We look into the details.
The world's most expensive drug will soon be available in the US at a price of $4.25m. We hear about the rare disease it treats and the high cost of developing medicine to battle it.
Sam Fenwick discusses these and more business stories with two guests on opposite sides of the world: Kristina Hooper, Chief Global Market Strategist at New York-based Invesco, and Yoko Ishikura, Professor Emeritus at Hitotsubashi University.
(Picture: US Federal Reserve Board Chairman Jerome Powell. Picture credit: SHAWN THEW/EPA-EFE/REX/Shutterstock.)
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The new law broadens the definition of state secrets in a way that could scare away investors. Will the city be able to maintain its place as a top financial hub?
The British band Chumbawamba is trying to prevent its biggest hit from being used by a politician in New Zealand. The lead singer tells us why.
And Star Wars creator George Lucas steps into the boardroom power battle at Disney to support the firm's CEO, Bob Iger. Will the Force be with him?
(Picture: Hong Kong Chief Executive John Lee Ka-Chiu. Picture credit: DANIEL CENG/EPA-EFE/REX/Shutterstock.)
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The country has had negative rates since 2016. Now, the central bank could raise them for the first time in 17 years. We find out what consequences this could have.
Rare protests have emerged in Cuba over electricity and fuel shortages. We get the latest.
And Uber will pay $178m as part of a settlement to end a lawsuit filed on behalf of thousands of taxi operators and drivers. We look into the detail.
Sam Fenwick discusses this and more business news with two guests on opposite sides of the world: Oliver Stuenkel, an associate professor of International Relations at the Vargas Foundation in Sao Paulo, Brazil, and Rebecca Choong Wilkins, senior Asia correspondent for Bloomberg in Hong Kong.
(Picture: Japanese national flag waves at the Bank of Japan building in Tokyo. Picture credit: REUTERS.)
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