Chris Low of FHN Financial in New York wraps up the week on Wall Street.
Italy port workers strike over Covid pass rules
Italy has made it mandatory to prove Covid vaccination, or a negative test, to go to work. Thousands of workers at Trieste port have gone on strike over the mandate, and we get reaction to the new policy from Alessandro Borghese, who is a chef with two restaurants in Milan, and another opening soon in Venice. And with a majority of Italians supporting the measure, we get wider context from Professor Guendalina Graffigna, who is an expert on consumer health psychology at the Catholic University of the Sacred Heart in Piacenza. Also in the programme, the BBC's Vivienne Nunis heads to the TED Countdown climate summit in Edinburgh, to find out about innovative approaches to tackling climate change. Plus, we have a report from India as the country's festival season gets under way, and hear that whilst there seems to be more enthusiasm on the streets compared to last year, it does not necessarily mean more business.
Today's edition is presented by Mike Johnson, and produced by Faarea Masud and Ivana Davidovic.
Microsoft shutting down LinkedIn in China
Microsoft is shutting down its social network, LinkedIn, in China, saying having to comply with the Chinese state has become increasingly challenging. It comes after the career-networking site faced questions for blocking the profiles of some journalists.We speak to author Greg Bruno, one of those who has had his profile blocked in China. Plus, Cary Leahey of Decision Economics in New York on the day's trading on Wall Street.
Global supply chains under pressure
Pressure on the global supply chain is making plenty of things much harder to get hold of. President Biden has announced one of America's busiest ports will now work round the clock to help clear a backlog of shipping containers. The shipping industry group BIMCO's chief shipping analyst Peter Sand gives us his assessment of how best to tackle the problem. Also in the programme, the BBC's Rahul Tandon reports on a power supply crisis in India, where more than 60% of the country's coal-fired power stations are suffering from fuel shortages. Plus, Italian airline Alitalia's last flight takes off from Rome today. It is being replaced with a new national airline called ITA, with thousands of jobs lost in the process. Giulia Segreti is Rome correspondent for Reuters, and brings us the background to Alitalia's demise.
Putin says claims Russia is using gas prices as political weapon are "drivel"
Claims that Russia is using the high gas price as a political weapon are "drivel", according to President Vladimir Putin. His comments come as there is now intense focus on the energy markets. Bitcoin consumes a lot of energy and China's banning of the mining of the cryptocurrency has prompted what some have called the great mining migration. Alex De Vries, who runs the Digieconomist blog explains where the miners are going and how much energy are they consuming. Plus, Susan Schmidt of Aviva Investors, in Chicago, on the day's trading on Wall Street.