
Update: Trudeau believes missile downed jet in Iran
Evidence suggests that an Iranian missile downed a Ukrainian jet on Wednesday near Tehran
Evidence from multiple Western sources suggests that the Ukrainian passenger jet which crashed near Tehran on Wednesday was shot down by an Iranian missile. The Canadian prime minister, Justin Trudeau, said the incident may well have been unintentional. The crash came just hours after Iran 'concluded' it's military strikes on airbases housing US forces in Iraq. Cary Leahey of Decision Economics in New York tells us that the apparent de-escalation of tensions since then has led to a relief rally for stock markets. And British retailers say spending was weak during the holiday period - does this show a shift in our spending habits? We ask Ben Hayman, Managing Partner at the consultancy Given London.
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World Business Report
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