Success takes partnership, and only through discipline and trust can we create something greater than ourselves. Mufg, we build relationships that build the world. And now, bbc world news america. This is bbc world news america. Reporting from washington, i am katty kay. Time is running out for athens to come up with a plan to solve their debt crisis. I have avoided talking about the debt but tonight i have to say loud and clear that the final deadline ends this week. Katty going into overtime, talks between world powers and iran about its Nuclear Program stretch on as they tried to meet a deal. The u. S. Is getting in on the act with flour factories looking to fill all of the stores. Katty welcome to our viewers on Public Television in america and around the globe. European leaders have given greece until thursday to present new proposals on it to debt and then there will be an eu summit on sunday that the italian Prime Minister described as decisive for greece. Athens was accused of
Success takes partnership, and only through discipline and trust can we create something greater than ourselves. Mufg, we build relationships that build the world. And now, bbc world news america. This is bbc world news america. Reporting from washington, i am katty kay. Time is running out for athens to come up with a plan to solve their debt crisis. I have avoided talking about the debt but tonight i have to say loud and clear that the final deadline ends this week. Katty going into overtime, talks between world powers and iran about its Nuclear Program stretch on as they tried to meet a deal. The u. S. Is getting in on the act with flour factories looking to fill all of the stores. Katty welcome to our viewers on Public Television in america and around the globe. European leaders have given greece until thursday to present new proposals on it to debt and then there will be an eu summit on sunday that the italian Prime Minister described as decisive for greece. Athens was accused of
So why isnt it easier to finance these huge need for infrastructure and that someone unless countries. What is the seem to be a kind of chronic i would not useecular stagnation but the difficulty in getting the firms that actually exist to do their work. And anything and anything else you want to say. Thank you. Thank you for a very inspirational talk. I do think you know, when the music changes and you have a different dance i have different dances that come out of this dance around infrastructure spending. The reserve has shown that we had a long time for the public capitol stock essentially infrastructure has come down as a percent of gdp in low income countries, Something Like 40 percentage points, 20 25 years . So it is not a shortterm phenomenon that Infrastructure Investment i think it has been a longterm phenomena. We have tried to rely for a long time on the private sector, private business to deliver the infrastructure and i think now what we are realizing what is really impo
Of its creditors, including the imf and the European Central bank did greece got a alone last week after parliament agreed on new austerity measures. In the meantime, great thanks reopened for the first time in three weeks,. There are still limits on withdrawals overseas. Merkel is suggesting that greece cant get limited debt relief. She ruled out a haircut on greek debt. A classic haircut of Debt Forgiveness of 30 cannot happen in the currency union. It may happen outside, but not within. Erik they may consider lower Interest Rates on greek debt but extending the time for repayment. The United Nations Security Council is expected to endorse the Iran Nuclear Deal today. It is to stop iran from Building Nuclear weapons and the United States and other world powers will gradually lift economic sanctions. Ashton carter travel to israel to reassure officials there about the iran deal. Carter acknowledged he will probably not be able to change anybodys mind. Obviously, we believe that the nu
[inaudible conversations] good morning, everybody. Thank you for joining us here. My name is rick jones, vicepresident and director of the program here a the brookings. Its my pleasure to welcome you for todays event hosted by the brookings center. This event is part of expanding with our partnership with the brookings transatlantic initiative. This is a multiyear platform that will spur a range of new activities not only on global issues, but that the transatlantic partners can get together. Were grateful they recognize that the value that brookings brings to this is our in depth high quality and independent research. Were pleased to be able to announce a fellow that will be joining us and add capacity to our team in answering questions in the relationship and as you see in todays discussions those are substantial. Challenges faced in europe are numerous from an upsurge in nationalism and populism to turmoil following the brexit decision and concerns after the financial crisis and gre