World Business Report
26min2022 JUL 15
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Fresh figures from China show the world's second biggest economy took a big hit as a result of strict coronavirus lockdowns. Shirley Yu, a senior practitioner fellow at Harvard Kennedy School, explains. US President Joe Biden is due to land in Saudi Arabia today. The White House described Saudi Arabia's decision to open it's airspace to Israeli planes as an important step towards a more stable Middle East. The BBC's Middle East business correspondent Sameer Hashmi has the latest update. As harvest time looms, countries that rely on importing grain are hoping for crop prices to fall. But drought and heatwaves mean it's not looking good. Arnaud Petit is the executive director of the International Grain Council; he says that crop-producing countries have until October to export grain in time for new crops. Ghana’s annual inflation rate climbed to 29.8% last month, the highest since late 2003. The BBC’s West Africa business journalist, Nkechi Ogbonna explains what representatives from...

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