The US and EU have struck a new trade agreement, easing tensions over tariffs. Rahul Tandon explores what this breakthrough means for key sectors. We hear from Karin Karlsbro of the European Parliament’s Trade Committee and Hildegard Müller, President of the German Automotive Industry Association as well as Tomas Philipson who served as the Acting Chairman of the Council of Economic Advisers in the First Trump administration.
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26:33
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26:33
Wall Street ends another week at record highs
It's been a busy few weeks on Wall Street's financial market, as stock valuations are close to record levels. The S&P 500 index has hit a string of all-time peaks this month, while US corporate borrowing costs are nearing their lowest level in decades, and Nvidia became the first company worth $4 trillion.
The United States Treasury has lifted sanctions on several individuals and companies accused of supplying arms to Myanmar's military regime, leading to an outcry by human rights groups.
And with Donald Trump doing diplomacy on the golf course in Scotland—is doing business on the green a good thing?
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Thailand-Cambodia border: all trade between two countries is stopped
As a long running dispute over territory in Thailand and Cambodia escalates, we ask how trade between the two countries has been affected and how important it is to the economy of the region.We're also looking at Volkswagen's fortunes, with both changing tariffs and new competition to deal with. And how tech is helping to complete a 143 year construction project in Barcelona.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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26:28
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26:28
Trump clashes with US central bank chair during visit
President Donald Trump claims further renovation budget overruns adding pressure on US Federal Reserve Chair Jerome Powell to lower interest rates. Roger Hearing hears reaction from Loretta Mester, the former Cleveland Fed President. Profits plummet at LVMH, the makers of luxury champagne, jewellery and expensive handbags. And as women’s football has been dominating the sporting agenda this week, both in Africa and Europe, we look at where women’s teams must compete for investment and coverage with the men.
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26:27
China and European Union leaders talk trade and critical minerals
China's President Xi Jinping calls for mutual trust and stronger communication with the EU as he welcomes the Commission president Ursula von der Leyen to Beijing. The leaders have discussed trade imbalances, tariffs and critical minerals among other issues.Meanwhile the European Investment Bank starts its Boost Africa initiative in an effort to unlock venture capital support for entrepreneurship across the continent. Plus Andrew Peach hears how the toy industry is responding to higher costs because of US tariffs.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
Ireland