Nick Miles
speaker
3,434 appearances
62 recordings
3 series
first heard Dec 2024
last heard today
Nick Miles’s voice in public audio — every appearance, attributed to the second.
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Appearances
You can also find us on X at BBC World Service. Use the hashtag globalnewspod. This edition was mixed by Daniela Varela-Hernandez and the producer was Stephanie Prentice. The editor is Karen Martin. I'm Nick Miles and until next time, goodbye.
This is the Global News Podcast from the BBC World Service. I'm Nick Miles, and in the early hours of Friday, the 4th of April, these are our main stories. President Trump has said his policy of putting steep tariffs on US imports is going very well, despite huge falls in stock markets. The new taxes have led the World Trade Organization to revise down its growth forecast.
It now expects the global economy to shrink by 1% this year. The authorities in Gaza say an Israeli airstrike has killed over 30 displaced people sheltering in a school.
The Japanese gaming company Nintendo has revealed the Switch 2, the long-awaited successor to one of the best-selling consoles in history. Donald Trump has defended the tariffs he's announced on US imports from around the world, despite a global stock market sell-off. Wall Street suffered one of its worst days in recent years on Thursday.
But speaking to reporters as he left the White House, Mr Trump expressed optimism.
We'll hear more about what the US president had to say in a moment, but let's hear from India, Vietnam, Japan and South Africa. And first, from the US.
By one estimate, more than $1.5 trillion was wiped off the value of shares on Wall Street at the start of Thursday's trading. Shares in tech firms were the worst hit. Apple's value dropped by more than $250 billion. The dollar also fell and there's been a slide in oil prices. Investors fear the tariffs will hit growth and drive up inflation worldwide.
Despite all this, President Trump remained buoyant. I heard more from our North America correspondent, David Willis.
And David, in that clip we heard from Mr. Trump, he referred to what's happening as an operation that's going to work. To what extent do Americans like the idea of being operated on?
And no sign of any kind of dissent within the Trump administration, far from it at the moment.
David Willis in Los Angeles. The World Trade Organization has revised its forecast for global economic growth sharply downwards in the light of the new US tariffs. In contrast to its previous forecast of 3% growth for the world economy this year, the agency now expects a contraction of 1%. Jonathan Josephs reports.
Jonathan Josephs. Well, many people around the world see Donald Trump's tariffs as the moment the post-war system of global trade was turned on its head. So are they right? Our business correspondent Mark Ashdown gave me his assessment.
Now, some people, the doom and gloom mongers, are saying it could lead to a global recession. It's far too early to predict that. But at what point does a run on the stock market that we've been seeing become pretty unsustainable and really worrying?
The Southern African nation of Lesotho says it will send a government delegation to the United States to plead its case after Washington imposed 50% tariffs on its imports. Thousands of people in Lesotho are employed making clothes for the US market under a tax-free initiative set up more than two decades ago. Our Africa regional editor, Will Ross, reports.
Well, Ross, there's more concern in Asia as well to these tariffs. Bangladesh was number 16 on President Trump's tariff list, which was shown to the invited guests on the White House lawn. The South Asian country now has a 37% tax levied on its imports into the US.
Bangladesh's economy has grown in recent years and it's scheduled at the end of next year to graduate from the UN's Group of Least Developed Countries, or LDC, status. But it's still vulnerable, as Tim Franks has been hearing from Salim Rehan, Professor of Economics at the University of Dhaka.
Salim Rehan, economics professor at the University of Dhaka.
Against these findings, the condition itself is said not to be recognised in Somali culture.
Gaza's Hamas-run civil defence agency says an Israeli airstrike on a school sheltering displaced people east of Gaza City has killed at least 31 people, some of them children. Israel says it had targeted a Hamas command and control centre. More details from Dan Johnson in Jerusalem.
Dan Johnson. Myanmar's military leader is attending a regional summit in Bangkok after the number of people known to have died in last week's earthquake passed 3,000. Critics say he should have stayed at home to help oversee relief efforts. Nick Beek reports.
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