Now playing Next Economy Experts call for restrained spending as global debt hits record high Debt in emerging markets such as India and China and stubborn inflation in the US is putting pressure on funding costs. 10/05/2024
Now playing Next Markets Weekly markets round-up: Optimism high on interest rate cut hopes Major European indices have notched up all-time highs, with the FTSE 100 reaching a fresh record following signals from the Bank of England (BoE) indicating an impending rate cut. 10/05/2024
Now playing Next Eco-Innovation Iceland: See inside the world’s biggest plant sucking CO2 from the air Climeworks is harnessing Iceland’s geothermal power, while gearing up for megatonne capacity around the world. 09/05/2024
Now playing Next Business US bans Qualcomm and Intel from exporting some chips to China The move would primarily impact Huawei, a major Chinese smartphone and laptop manufacturer, which is suspected of having ties to the Chinese government and military. 09/05/2024
Now playing Next Europe Decoded Euroviews. Mitigating climate change is no longer enough. We need protection Climate change is not merely an environmental predicament — it is a matter of social justice. Our transition to a sustainable future can only succeed if it brings people hope for the future and leaves no one behind, MEPs Iratxe García Pérez and Mohammed Chahim write. 09/05/2024
Now playing Next Europe News Russia marks Victory Day as Putin rails against West's 'arrogance' “Russia will do everything to prevent global confrontation, but will not allow anyone to threaten us,” he said. “Our strategic forces are in combat readiness.” 09/05/2024
Now playing Next Green News Why is lithium crucial to the EU's green and digital transition? Lithium is one of the 34 critical raw materials listed by the EU under the Critical Raw Materials Act, and a key component in the EU’s quest to ditch fossil fuels and switch to clean energy. 09/05/2024
Now playing Next Destinations Where are the budget-friendly destinations in Europe this summer? Flights and hotels are most affordable in these European destinations, new data reveals. 08/05/2024
Now playing Next Europe Decoded Russia’s sanctions busting may call for change of approach Western battlefield weapons are still reaching Moscow, a study by Bruegel and the Kyiv School of Economics Institute found – but banks are wary of taking responsibility for monitoring the arms supply chain. 08/05/2024
Now playing Next Israel Israel commits to operation against Hamas in southern Gaza Hamas spokesman, Osama Hamdan, accused Israeli Prime Minister Benjamin Netanyahu of disrupting the efforts of mediators after Israel rejected the ceasefire proposal which Hamas accepted on Monday. 07/05/2024
Now playing Next Health news Personalised screening could better predict risk of pre-eclampsia A new study compared guidelines for who is at risk for dangerous hypertension during pregnancy with a personalised screening algorithm. 07/05/2024
Now playing Next People How Iceland’s ‘no-frills’ Play Airlines is reinventing budget travel Play Airlines’ new CEO is determined to see the low-cost Icelandic carrier grow while maintaining its no-frills - but great service - ethos. 07/05/2024
Now playing Next Green News How a Shell plant registered millions of ‘phantom’ carbon credits Canadian taxpayers covered 93 per cent of the costs of the Quest carbon capture project, a Greenpeace report reveals. 07/05/2024
Now playing Next Art Rediscovered Caravaggio to go on show at Madrid's Prado Madrid’s Prado Museum has confirmed that a painting which almost sold for the price of a Macbook at auction is in fact a long lost work of the Italian master painter worth tens of millions. 07/05/2024
Now playing Next Climate Redirect farming subsidies from meat for climate's sake, World Bank says EU member states and other high-income countries should shift subsidies from emissions-heavy ‘wasteful’ foods like red meat towards greener fruit and veg, according to the World Bank. 07/05/2024
Now playing Next Green News 'Blood sport': Controversial whale slaughter begins in Faroe Islands Critics say the practice is cruel and unnecessary, though defenders claim it is an integral part of island life and resist what they see as meddling by outsiders. 07/05/2024
Now playing Next Business Heineken to refresh hundreds of UK pubs and bring others back to life The move comes as pressures caused by the cost of living crisis in the UK have eased and more people are finding their way back to the pub. 07/05/2024