
Sign up to save your podcasts
Or


The US Israel war with Iran has caused significant disruption to the global supply of oil and caused major economic upheaval. The US government has granted permission to domestic oil producers to drill in Alaska and the Gulf of Mexico, but much of America's oil comes from fracking. So will the frackers be taking advantage of current high oil prices to increase production? Vishala Sri-Pathma has the latest.
In Sri Lanka, the government has announced an emergency shift to a four day work week to conserve dwindling fuel reserves, amid growing fears over petrol shortages. The Sri Lankan government has now declared that every Wednesday will now be a public holiday to cut fuel consumption on the island.
Elsewhere, there were real worries in Dublin that Donald Trump’s tax agenda could see US multinationals paying far less corporation tax in Ireland on their European profits. However, those fears haven’t materialised. US tariffs have generally not been applied to pharmaceutical products which are Ireland's main export to the US. Meanwhile, the Irish economy has also been underpinned by a continuing corporation tax windfall.
By BBC World Service4.3
252252 ratings
The US Israel war with Iran has caused significant disruption to the global supply of oil and caused major economic upheaval. The US government has granted permission to domestic oil producers to drill in Alaska and the Gulf of Mexico, but much of America's oil comes from fracking. So will the frackers be taking advantage of current high oil prices to increase production? Vishala Sri-Pathma has the latest.
In Sri Lanka, the government has announced an emergency shift to a four day work week to conserve dwindling fuel reserves, amid growing fears over petrol shortages. The Sri Lankan government has now declared that every Wednesday will now be a public holiday to cut fuel consumption on the island.
Elsewhere, there were real worries in Dublin that Donald Trump’s tax agenda could see US multinationals paying far less corporation tax in Ireland on their European profits. However, those fears haven’t materialised. US tariffs have generally not been applied to pharmaceutical products which are Ireland's main export to the US. Meanwhile, the Irish economy has also been underpinned by a continuing corporation tax windfall.

7,924 Listeners

4,237 Listeners

524 Listeners

1,063 Listeners

427 Listeners

5,577 Listeners

1,801 Listeners

2,108 Listeners

358 Listeners

52 Listeners

233 Listeners

98 Listeners

353 Listeners

236 Listeners

675 Listeners

235 Listeners

2,588 Listeners

328 Listeners

3,236 Listeners

1,088 Listeners

77 Listeners

666 Listeners

551 Listeners

630 Listeners

392 Listeners

242 Listeners

50 Listeners

149 Listeners

80 Listeners

90 Listeners