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Episode details

World Service,23 Jul 2018,23 mins

G20 Finance Ministers Concerned Over Trade Tensions

World Business Report

Available for over a year

At a summit in Argentina, representatives from the world's richest countries called for greater dialogue to prevent a trade war damaging economic growth. The BBC's South America Business Correspondent Daniel Gallas gives us the highlights of the summit in Buenos Aires. Airline passengers face major disruption as a strike forces Europe's biggest airline, Ryanair, to cancel hundreds of flights. We hear from aviation expert Patrick Edmond about the trade union disputes facing the carrier. Car maker Fiat Chrysler has replaced its long-time chief executive Sergio Marchionne due to ill health. Former Jeep brand boss Mike Manley takes control of the parent group. Paul Eisenstein from thedetroitbureau.com gives his assessment of these developments. Sales of electric cars are speeding ahead, but can the automotive industry make vehicles that can deal with poor roads in developing countries. It's also possible that car manufacturers and technology companies will go head to head for the metals used to make the batteries, as Gavin Montgomery from Wood Mackenzie explains. The Nigerian government has announced plans for a new national airline, 15 years after state-owned Nigeria Airways collapsed. We ask Hadi Sirika, Minister of State for Aviation if Nigeria Air will succeed where others failed. (Photo: US Treasury Secretary Steven Mnuchin speaking in Buenos Aires. Credit: AFP)

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