Global supply chains are in trouble, driven by crises due to tariffs, geopolitical shocks and Middle East instability, according to the latest survey carried out by CIPS Pulse of the Chartered Institute of Procurement and Supply. Roger Hearing hears from Ben Farrell, CIPS CEO.
Also, Italian luxury fashion brand Prada has said it acknowledges the Indian roots of its new footwear line, days after the design sparked a controversy in India.
Why is it that cassava, a major food source across the world, doesn't make more money for one of the biggest producers – Nigeria?
And President Donald Trump blamed AT&T for technical issues in a conference call he has been holding with American faith leaders.
Throughout the programme, Roger Hearing will be joined by two guests on opposite sides of the world – Peter Morici, economist and professor of business at the University of Maryland, who's in Alexandria, Virginia - and Jennifer Pak, China correspondent at Marketplace, usually based in Shanghai but today she's in Canada.
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49:26
Trump trade: one step forward, two steps back
There's another twist to the tariffs tale... US President Donald Trump says he's stopping trade talks with Canada over a tax he's not happy about. The US and China have reached a trade truce on critical minerals... but how critical is the deal? And Glastonbury has a hippy roots, but it’s making serious money.... we’ll hear how it generates hundreds of millions for the British economy. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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49:26
US Economy takes a hit
In the US, the economy shrinks, jobless claims rise, and tariffs start to bite... Will steps toward an agreement with China help the situation?There's been a tax shake-up in Africa’s biggest economy... Nigeria’s President signs off on sweeping reforms. But will they be felt on the ground?And after nearly four decades in charge… Vogue’s Anna Wintour is stepping back. What’s next for fashion’s most powerful woman?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
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49:26
Trump threatens Spain with double tariffs
President Trump issues a tariff threat after Spain rejects Nato's defence spending target.Lebanon has secured $250 million in World Bank funding for post-war recovery, to help repair and rebuild critical public infrastructure and essential services.Is the oil giant Shell taking over its rival BP?Plus, Mexico is planning to sue Space X over rocket debris on the beach.Presenter Andrew Peach is joined by Fermín Koop, the Latin America editor for Diálogo Chino and Jyoti Malhotra is editor-in-chief of The Tribune in India.
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49:32
Donald Trump joins NATO leaders for summit on defence spending
President Trump joins NATO leaders in Europe for a summit about increasing spending on defence. He is demanding all member states commit to spending 5% of national economic output on defence budgets.In New York, Democratic voters are heading to the polls to choose their nominee for mayor.Plus, would you order lab-grown meat in a restaurant? You can in Australia after the product was approved for consumption.Throughout the program, Andrew Peach will be joined by Marketplace's Kimberley Adams in Washington and David Kuo, co-founder of the Smart Investor in Singapore.
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