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Business Matters: US-Israel Relations Sour

News

Kerry.jpg

29/12/2016 GMT

US-Israel Relations Sour

BBC World Service - Business Matters, US-Israel Relations Sour

US Secretary of State John Kerry's comments on Israel provoke an angry response.

Secretary of State John Kerry rebuked Israel's settlement policy, which provoked an angry response from the office of Israeli Prime Minister Benjamin Netanyahu.

Over eight years, the relationship between the Obama White House and the Israeli government led by Benjamin Netanyahu has never been sweet. But now it's turned all-out sour. On Wednesday, Secretary of State John Kerry rebuked Israel's settlement policy, which provoked an angry response from the office of Israeli Prime Minister Benjamin Netanyahu. We get analysis from Jordan Fabian, White House Correspondent at TheHill.com.

Following Toshiba's admission that it massively miscalculated the price it paid last year for the US nuclear power station service company, Westinghouse, its shares have continued their steep fall. Can the decline be reversed or is there more trouble ahead? We hear from Loizos Heracleous, Professor of Strategy and Organisation at Warwick Business School and with further analysis, our Asia Business Reporter Simon Atkinson in Singapore.

Plenty of men and women are working long hours because they think that's the only way up the career ladder. Are they right? We ask some of the top executives in Europe including Craig Donaldson, CEO of MetroBank and Helena Morrissey who is stepping down after 15 years as the Chief Executive of Newton Investment Management.

We cast the net a little wider to draw in some of the business headlines from elsewhere in the world and cross to Sydney where the BBC's Phil Mercer has been looking at the potentially lucrative illicit drug market in Australia.  

And a blast from the past with the news that in the UK vinyl is outselling digital downloads. Nearly $3,000,000 was spent on vinyl over the first week of December compared to $2,500,000 on downloads. The BBC's Andy Mills reports.

And joining us throughout the programme are in Delhi, Sushma Ramachandran, former Business Editor of The Hindu and in Toronto, Ralph Silva, of the Silva Research Network.

(Picture: US Secretary of State John Kerry in the Dean Acheson Auditorium at the Department of State in Washington, DC. Credit: Paul J. Richards/AFP/Getty Images)

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