BBC World Service – World Business Report - Latest News and Information
The episode examines how recent attacks on Gulf energy infrastructure, sparked by the US‑Israeli conflict with Iran, are driving volatile oil and gas prices and threatening global supply chains. The International Energy Agency urges governments to cut demand by promoting work‑from‑home and lowering speed limits, while experts highlight the vulnerability of key facilities in Qatar and the broader risk to fertilizers and food security. Market commentary from fund manager Randeep Samel shows the ripple effects on equities and inflation, and analysts warn that developing nations could face demand destruction and a looming food crisis.
The episode examines the ripple effects of the recent oil price surge, sparked by an Iranian petrochemical plant strike, on global markets and everyday life. Market maker Greg Newman describes unprecedented volatility and links the crisis to broader geopolitical tensions...
The episode examines how the recent surge in oil prices, driven by the Middle East conflict, is affecting U.S. shale production and global economies. CEO Mike Eastman of Tall City explains that despite higher prices, his company is not altering...
The episode examines the staggering $442 billion loss to global financial fraud last year, highlighting how AI is making scams up to five times more profitable and enabling sophisticated operations in Southeast Asian "scam centres" that traffic victims like Annika from...
World Business Express examines the fallout from the Trump administration’s plan to suspend a century‑old U.S. shipping law, allowing foreign tankers to move fuel between U.S. ports amid rising oil prices and tensions in the Strait of Hormuz. The episode...
The episode explains that 32 IEA member countries have agreed to release a record 400 million barrels of emergency oil reserves—the largest ever—to curb soaring energy prices amid the US‑Israel conflict in Iran. IEA Executive Director Faith Beryl notes this release is...
The episode examines the surge of Japan's Nikkei index past 57,000 points after Prime Minister Sanae Takaovich's decisive election win, analyzing its implications for the Japanese economy. Host Andrew Peach also discusses Indian farmers' worries about a new interim trade...
The episode examines President Trump's proposal to impose a temporary 10% cap on credit‑card interest rates, exploring the arguments from big banks that such a limit could restrict credit availability and disproportionately affect vulnerable borrowers. It also touches on soaring...
