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Business Matters: Oil and stocks fluctuate after Iraq airstrikes

Oil and stocks fluctuate after Iraq airstrikes

09/01/2020 GMT

BBC World Service - Business Matters, Oil and stocks fluctuate after Iraq airstrikes

Oil price and stock market reaction to Iran's airstrikes on US military targets in Iraq.

Oil prices and global stock markets have fluctuated following Iran's airstrikes on US military targets in Iraq late on Tuesday. We hear from the BBC's Sameer Hashmi in Dubai and Professor Rockford Weitz at the Fletcher School of Law and diplomacy in Massachusetts. 

As Nissan chief executive turned international fugitive Carlos Ghosn gives his first press conference in Beirut, Lebanon, the BBC's business editor Simon Jack brings us the details.

The World Bank warns on global growth for 2020, shaving 0.2 percentage points from it's predictions. The BBC's Andrew Walker has spoken to one of the report's main authors, Franziska Ohnsorge.

Also in this edition, we examine the extent to which planting trees could help to mitigate climate change, ask why Prince Harry and Meghan have chosen to step back from 'senior' royal duties and round up the latest from the CES technology show in Las Vegas.

All this and more discussed with two guests on opposite sides of the Pacific. Erin Delmore, a political journalist in New York and Jyoti Malhotra, Editor at The Print, and journalist for The Times of India in Delhi.

(Photo: A flame burning natural gas at an oil refinery. Credit: Reuters)

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