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tv   Business Today  BBC News  February 17, 2025 4:30pm-4:45pm GMT

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ear investors s, has crop gig shares ;:* higher on friday. russ at ,i
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l..... 5—77; 4-- gag—f; l"“�* �*—2 5“ �*2�*2—�*2 all—time éflm �*four �* four years �*four years so defence or do we get peaceful salgtiens wherefwe them and get peaceful salutians wherefwe them and what is shy of making a would anybody who a manned aircraft ; a mahnedaircraft like 77 was mahnedaifcraft like an idiot and idiotand a a“ and also there such as 7 .—’; 7 think about as well so it might just traditional not just beat traditional sellers of sellers at weapcmtyrcaulu ye“; here. sellers at weapmmga jug-h'- here. , , well here. russ mould. _ zelensky - well here. russ mould. _ zelensky has| well here. russ mould. - _ zelensky has this a 242? bid by 1$1 “53“ �* military or 7 or security 7
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broadcaster areas currently held be; w w sg’fhaga’ea w w fiberfhandiedfover holds deposits a. ;— ”77.3113 ., w, w from l 7 from lithiuzm it. . . . itralso: : . 7 7 vitralsozz sizeable titanium. it also has sizeable as well as oil, titanium. it also has sizeable and as well as oil, titanium. it also has sizeable and uranium. 'ell as oil, titanium. it also has sizeable and uranium. butls oil, titanium. it also has sizeable and uranium. but much of is in 7 is in territory is this is in territory is under russian let's speak to the 7 vof” 7 rand founder of the institute, and he joins from he he joinsfrom'mu'nich where'he been attending he joine'from'mu'nich where'he been attending the has been attending the conference. talk me first ggnference. talk to me first of about ukraine's position in ggnference. talk to me first of about mineral; position in ggnference. talk to me first of about mineral market. | in ggnference. talk to me first of about min why narket. eff: ' mineral has ll? of superpower. it has about 117 of 120 minerals desired by countries the web, many countries around the web, many which are desired the us of which are desired by the us and european union and and european. union. and has eete: you said, an abundance of as you said, an abundance of hydrocarbons, and gas, hydrocarbons, oil and gas, especially but also
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eeeeeielleeeele �*eei’e�*fl like eeeeeiellgeeele �*eei’e�*fl like titanium, thinge'like'titeniut. iron. rare earths, lithium, rare earths, minerals that are highly after in that are highlyeeug-�*tt after t rush for that are highlyaaaght after t rush for the green the rush for the green transition as well as for aerospace and transition as well as for aerosace and , ., crucial in the green so crucial in the green particularly for transition, particularly for their role in batteries. we know that's at the centre of big �* between the us the big row between. theus and ukraine probably china. ukraine probably finds itself caught the two terms of has access because if have it because if you have access you have power.— it because if you have access you have power. fat? 337 ' ' 7 estimated in you have power. tate ttl ' ' t estimated in 2022 you have power. tate t.l ' ' t estimated in 2022 that e has something in the ukraine has something in the order of $26 trillion worth of deposits. the big challenge, though, is not only are those though, is not enlyare thoee only fully though, is not enlyare these only fully developed 23’s es 071 23�*s all those hs all those were russian occupied areas. and ukraine has an abundance while ukraine has an abundance of these kinds of minerals that are being sought after, especially as you say for electric vehicles as as electric vehicles as well as for defence ttett . lot of fataaftfltt =¥=t=m= a ffiffifi’t ’ "’ .- are not fataaftfltt =¥=t=m= a ffiffifi’t . 't t are not yet or partially developed and was an issue being that was an issue being addressed the war e but the russian ukraine
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started but the russian ukraine walk down the options by walk slow down the options by the european at the it your assessment !e it taffeffment hee that , ~ ~ ~ , minerals are used as the minerals are being used as a bargaining chip in terms of 7 �*the ' 7 �*the us ' the us will ' 7 �*the us will support, ”militarily militarily terms security 7 security guarantees? they of security guarantees? they are saying give us access to the minerals and then you get our and without it we our support and without it we not stop is that it will not'stop'isthat what it right now? i will'not'stop'isth = ' riaht now? _ looks right now? ! saute! as of z looks right now? ! saute! as of a 7 looks right now? ! saute! as of a for looks right now? ! saute! ea? _ of a for ukraine. | this is a bit of a for ukraine. first of all there is definitely interest globally and. .. been definitely interest globally apd. .. been interest in of minerals in ukraine variety of minerals in ukraine over the years. but right now ukraine deaf dumb and seeks is more entanglement with the etehetit ehtahgletehtrt-sith the especially those eeehetie ehtahgletehtrt-eith the especially those areas us, especially those areas occupied by russia or the areas that adjacent, as adjacent, well as 7 7 well as security = -7= that is a7 7 that is a7lo7ng—term so that there is a long—term from in ukraine. it is going = -e7 take of 7 7 77ta7k7e 7 7 7°? if to take hundreds of billions of of really dollars of investteht'to really an industry that's build an industry that's going to be that the us wants to and ukraine preserve and protect. ukraine is hard right z -::7 z _:7 2—7 �*with the united states to to come up with some kind try to come up with some kind of arrangement that provides a
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z:- :—=_ satisfactory solution both for its domestic constituencies but security and ceasefire, peace we all will be dial te all “use tel“ be "tt't t ttt t at disuse ett “tee t4155 7 7” ” at some disuse ett “tee tl“ lee ” t’” t at some point fi'sélfis all “te? t'“ as 7 7 77 7777 77 at some point in eee�*te ell hi�*ee t'“ ee 7 7 777 7777 77 at some point in the achieved at some point in the months �*years. achieved at some point in the - months i years. coming months or years. robert, aood coming months or years. robert, good i talk— coming months or years. robert, good i talk to — coming months or years. robert, good i talk to you, _ coming months or years. robert, good i talk to you, thank- coming months or years. robert, good i talk to you, thank you. i we will talk about this again. thank you, we but thank you, we appreciate your insight. in the uk reports a bleak picture in the fairly bleak picture in the country. the chartered institute for personnel and development a survey development published a survey a quarter of uk revealing'a quarter of uk �* plan to employers haw plarr to'take before employers haw plarrto'take before the tax redundancies before the tax increases take effect in april. the federation of separately, the federation of small businesses revealed small hit 7lowest point since the the last three pandemic... duringthe last three of last pandemic... durrihgthe last three of last earlier i months of last year. earlier i spoke to the national who told us just how it 7 itis 7 it is now. 7 77 77 very very bleak. we recorded seems very bleak.-\ale:ecorded levels —6a.5 confidence levels at —61;.5 on index, and that was down
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70 points7rom the over a0 points from the quarter. this is the previous quarter. this is the lowest we have this lowest level we have seen this index since the pandemic. "tie“ at eiece the bandet' lt . ~ ~ ... ... notjust a "tie“ at eihce the bandet' lt . ~ ~ ... ... notjust a narrow "tie“ at eihce the bandet' lt . ~ ~ ... ... not just a narrow sectoral is notjust a narrow sectoral problem. it to affect problem. it seems to affect sectors right across the however, are economy. however, there are bad performers. some standout bad performers. food services and accommodation are really bad. seen are really bad. we have seen the really big falls in construction. so this is quite a bleak and more than a bleak picture. and more than of small said expected �* sales to they expected their sales to drop in the first quarter of next year and that investment would be hit.— would be hit the government says answer? the government says growth is front and centre in 7 plans 7 7 plans to get us all feeling its plans to get us all feeling better off and it wants to do all the businesses to do all the heavy lifting to get things growing but at the same time, again. but at the same time, not only is business contending the cost of living crisis, with the cost of living crisis. is with the cost of living crisis. |sst got a tonne with the cost ofliving crisis. |sst got a tonne of it is also now got a tonne of extra cost, it?
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it is also now got a tonne of extra cost, - it? - extra cost, hasn't it? it has and - has _ extra cost, hasn't it? it has and - has had _ extra cost, hasn't it? it has and - has had an - extra cost, hasn't it? it has and - has had an effect. extra cost, hasn't it? it has i and - has had an effect on 7 7 777i think in7th7e77 77 7 7 777i think in7th7e77m7ain confidence. i think in the main it has affected those it hasefteeted—theee ~ between 50 100 those that and 100 employees. those that smaller tha7n that smaller than that were are smaller than that were are smaller than that were protected by the and protected by the government and we re were a lot those that were a lot larger 7 7 7we7r7e7a7lot7la7rger e -7 have got the resources to cope the resources to 777 with it. but we believe that it. but 7 it. but we 7 it. but we that 7 ambitions the government the ambitions the government the ambitions the government . out and chancellor laid out and the chancellor laid out and the chancellor made clear in her certainly made clear in her certainly made clear in her speech in are setting speech in oxford are setting speech in oxford are setting the target for a tuch bettez— .. .... the target for a much better, more important focus on growth. important focus on growth. 7:2 ross of the federation of small z -—: of the federation 7 of the federation of7 7of77t7h7e t...’.’.’.’..1;.’o'f2.;..r ross of the federation of small business. an uraniun�*rproducer business. an uranium producer warning of a supply crunch. is warning of a supply crunch. is warning of a supply crunch. the boss of cameco has warned the boss of cameco has warned supplies are likely to run that supplies are likely that supplies are likely te fe“; . ~ .. ... at least in the short, at least in the west where the appetite for nuclear the boss of cameco has warned that si the es are likely the boss of cameco has warned that si the appetite zely the boss of cameco has warned that si the appetite for energy is quickly. where the appetite for nuclear energy is rising quickly. energy is rising quickly. demand is now the big demand is surging now the big tech companies are turning to
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7 7 turning 7 7 7 turning to7 tech companies are turning to �* power to that nuclear power to fuel their electricity guzzling data centres. at the
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the west and towards china and towards russia that kazakhstan is facing. towards russia that kazakhstan is facina. ,, towards russia that kazakhstan is facina. m t, , 777.22 me -me right now you like me right now you might be in need of sunshine, maybe a to spain at some strongest performing economy in the world. one of the worst affected countries. guy hedgecoe reports on spain's revival. the historic city of segovia, once a centre of roman engineering, now a popular tourist destination. i thought that maybe tourism will never be
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like it used to be before, now things are very good way ahead of france, germany, italy, and the uk. the country accounted for a0% of eurozone growth. that are performing well, too. the socialist—led government says a labour
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including the inflation shock that came with the war response, the protection, the protective shield that modernisation has included an emphasis which is the second biggest in europe. and also looking towards the future as well, particularly not only to maintain that level of industry but with the game however, public debt remains high and a housing crisis an affordable home.
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its moment in the sun. that is your see you very soon.
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will only lead to greater war, that's are working our partners to find 777 with our partners to find and effective solutions. strong and effective solutions. peace cannot be bought, not at the especially not at the expense of �* and especially not at the expense of �*and principles, of law and principles, the principle of especially the principle of integrity. territorial integrity. and equality. this cannot sovereign equality. this cannot be with appeasement. :e face. many ma ny releva nt aslur is to examples. 0ur task is to avoid repeating past mistakes, as the cost of those mistakes is more blood, and bloodsef�*eing and. thank you. ibahstatmtt of ibamstetlmt' of ukraine and representative of ukra- - floor representative of ukraineand -m— representative of ukraine and floor to the give the floor to the representative of mr representative of germany. president, representative of germany. m' president, thank representative of germany. m president, thank you for this president. the-th a fe'thie t . address the 77:
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meetin :-=7 j: -7 7 thejoint diplomatic references the joint diplomatic efforts of france and germany support the peace to support the peace following russia's negotiations following russia's aggression against initial aggression against ukraine in 201a. with the as we all know ukraine in 201a. with the t tj " 2:1; to as we all know on the on the charter. after basis of'the'un'charter. after endorsement by basis of'the'un'c'harter. after endorsement by this council the endorsement by this council 2015, the agreement in 2015, the minsk agreement initially succeeded in reducing the unl7eashed 7 77un7l7eashed if} 7 7 unl7eashed by russia, violence unleashed by russia, reducing the violence and with a monitoring a mission monitoring limitation on the ground which means on. the ground which tea": the that was organised by mission. that wae'erganised by organisation �* chapter an. organ'lsationunder chapter the agreements outlined political solution based on 1.15pm... . ..._.- iiiie' “ 7"1�*77"’7" r r ... _. l iffzefrr"; ' 7 initial progress russia after initial progress russia to the began to undermine the process violate the minsk
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andvlolate the minsk this agreements. this included measures
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