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World Business Report

always— is a team enterprise. you cannot always get— is a team enterprise. you cannot always get everything you want. you have to _ always get everything you want. you have to work out if you can accept the situation and whether you can accept _ the situation and whether you can accept that cabinet pledge of responsibility. i can. accept that cabinet pledge of responsibility. ican. i accept that cabinet pledge of responsibility. i can. iwill defend what _ responsibility. i can. iwill defend what we — responsibility. i can. iwill defend what we are doing now to make the fcd oh— what we are doing now to make the fcd oh work— what we are doing now to make the fcd oh work effectively and that 05%— fcd oh work effectively and that 05% is— fcd oh work effectively and that 0.5% is not as much as it was, but we are _ 0.5% is not as much as it was, but we are still— 0.5% is not as much as it was, but we are stillan— 0.5% is not as much as it was, but we are still an aid superpower. we must _ we are still an aid superpower. we must use — we are still an aid superpower. we must use that to fulfil our moral mission — must use that to fulfil our moral mission in — must use that to fulfil our moral mission in the world but also to make _ mission in the world but also to make sure _ mission in the world but also to make sure ouraid mission in the world but also to make sure our aid policy works for our own— make sure our aid policy works for our own prosperity. fire make sure our aid policy works for our own prosperity.— make sure our aid policy works for our own prosperity. are you pushing to no our own prosperity. are you pushing to to back our own prosperity. are you pushing to go back to _ our own prosperity. are you pushing to go back to 0.796 _ our own prosperity. are you pushing to go back to 0.796 as _ our own prosperity. are you pushing to go back to 0.796 as quickly - our own prosperity. are you pushing to go back to 0.796 as quickly as - to go back to 0.7% as quickly as possible? i to go back to 0.796 as quickly as ossible? _, ., , ., possible? i conversations are -rivate possible? i conversations are private and — possible? i conversations are private and i _ possible? i conversations are private and i think _ possible? i conversations are private and i think that - possible? i conversations are private and i think that is - possible? i conversations are| private and i think that is part ofm — private and i think that is part of... �* , , ., private and i think that is part of... �* , ., ., private and i think that is part of... anything you want to change about how — of... anything you want to change about how the _ of... anything you want to change about how the fcd _ of... anything you want to change about how the fcd oh _ of... anything you want to change about how the fcd oh operates i of... anything you want to change about how the fcd oh operates at| of... anything you want to change - about how the fcd oh operates at the moment? i about how the fcd oh operates at the moment? ~ ., ,., ., moment? i think that something would ha--ened moment? i think that something would happened just — moment? i think that something would happened just before _ moment? i think that something would happened just before i _ moment? i think that something would happened just before i got _ moment? i think that something would happened just before i got there, - moment? i think that something would happened just before i got there, i - happened just before i got there, i wanted _ happened just before i got there, i wanted to— happened just before i got there, i wanted to bed in and see how it is working. — wanted to bed in and see how it is working, which is andrew mitchell pass appointment. i was before that

Everything , Situation , Responsibility , Team-enterprise , Iwill , Cabinet-pledge , Fcd , Ican , World , Aid-policy , Prosperity , Mission

World Business Report

from the current artificial intelligence frenzy stirred up by chat gpt, by enticing more customers towards its cloud computing platform. and at a charity auction in dubai, a bidder has smashed the record for the world's most expensive car number plate. the bidder ended up paying $15 million for the license number plate called p7. the previous record was $14.2 million at an abu dhabi auction in 2008. the money goes towards the one billion meals campaign, which aims to combat global hunger. let's talk about china in more detail. when it comes to inflation there, the latest numberes have come out for the month of march which show consumer prices have slowed to an 18—month low. the consumer price index for march rose by zero—point—seven -- 0.796 —— 0.7% on an annual basis.

Customers , World , Artificial-intelligence , Record , Charity-auction , Bidder , Frenzy , Cloud-computing-platform , Chat-gpt , Dubai , Car-number-plate , License-number-plate

Outside Source

a government that is economically credible. i don't think anybody in the country will trust them again and that is why we need a general election. ., ., ., , , election. the door has been left 0 en on election. the door has been left open on the _ election. the door has been left open on the windfall— election. the door has been left open on the windfall tax, - election. the door has been left open on the windfall tax, wherej open on the windfall tax, where would you stand, for example, on overseas development? would you keep it at 0.5%, introduced out of the pandemic, orwould it at 0.5%, introduced out of the pandemic, or would you go back to the 0.7%? t pandemic, or would you go back to the 0.796? 4' .,, ,., ., the 0.796? i think the most important thin we the 0.796? i think the most important thing we seem _ the 0.796? i think the most important thing we seem to _ the 0.796? i think the most important thing we seem to be _ the 0.796? i think the most important thing we seem to be overlooking i the 0.796? i think the most important thing we seem to be overlooking is i thing we seem to be overlooking is that now we have a new prime minister, we can'tjust bus under the carpet all the failures and it was she who was chancellor for three years, he wrote off £11 billion in court, all the wastage and ppe, the bins of pounds wasted, the fact that we are in this situation, even having this conversation, is a direct result of this government. but you would be the same situation if you won a general election so where would you make the cuts? that is not cloaked — where would you make the cuts? twat is not cloaked true, we have very clear fiscal rules, is not cloaked true, we have very clearfiscal rules, our is not cloaked true, we have very clear fiscal rules, our shadow chancellor has been absolutely

0 , 0-5 , 0-7 , 0-796 , 4 , Three , 1-billion , 11-billion ,

BBC News-20211027-19:28:00

than 0.5% whatever the circumstances. i5 than 0.5% whatever the circumstances.- than 0.596 whatever the circumstances. . . ., circumstances. is it clear where those cuts _ circumstances. is it clear where those cuts will _ circumstances. is it clear where those cuts will be _ circumstances. is it clear where those cuts will be made - circumstances. is it clear where those cuts will be made until. circumstances. is it clear where l those cuts will be made until the 0.7% comes back? ida. those cuts will be made until the 0.796 comes back?— 0.796 comes back? no, it is not clear, 0.796 comes back? no, it is not clear. that _ 0.796 comes back? no, it is not clear, that clarity _ 0.796 comes back? no, it is not clear, that clarity would - 0.796 comes back? no, it is not clear, that clarity would be - clear, that clarity would be appreciated, both from within the foreign and if 11 office but actually the treasury needs to calm actually the treasury needs to calm a bit clean on this —— foreign and development office. give some clarity on whether it is go to start talking under more and more issues into the aid budget, which is going to displace existing aid, we know, for instance, that the really vital money to help poor countries deal with the impact of climate change, it is a really good use of money, but we know that it is displacing other aid money for health, education, etc. we know the treasury have their eye on some other... we are effectively giving some really important financial resources from

Cuts , Back , Circumstances , Whatever , Circumstances- , Ida , 0-796 , 0-596 , 0-5 , 0-7 , Bit , Clarity

BBC News

public spending. last year, under the pressure of the emergency, are borrowing increased fivefold to almost £300 billion, more than 14% of gdp, the highest since the second world war. this year, our national debt is climbing towards 100% of gdp, the highest for nearly six decades. the house knows that the government has been compelled to take wrenching decisions and the international benevolent act of 2015 expressly provides this fiscal circumstances that allow a departure from the 0.7% target. i am circumstances that allow a departure from the 0.796 target.— from the 0.796 target. i am grateful to my right — from the 0.796 target. i am grateful to my right honourable _ from the 0.796 target. i am grateful to my right honourable friend, - from the 0.796 target. i am grateful to my right honourable friend, andl to my right honourable friend, and the chancellor for their constructive engagement with those of us who have been profoundly concerned about the departure from the aid target. will he confirm to

00-billion , 14 , 300-billion , Six , 100 , 2015 , 0-7 , 0-796 ,

BBC News at One

next year. you've 'ust got to have a very close _ next year. you've 'ust got to have a very close look — next year. you've 'ust got to have a very close look at — next year. you've just got to have a very close look at the _ next year. you've just got to have a very close look at the damage - next year. you've just got to have a very close look at the damage you | very close look at the damage you are doing. if you're going to kill people with this, which i think is going to be the outcome in many areas, we need to reverse this immediately. ah, areas, we need to reverse this immediately-— areas, we need to reverse this immediately. a fall in aid, down from 0-7% _ immediately. a fall in aid, down from 0-7% of— immediately. a fall in aid, down from 0.796 of national— immediately. a fall in aid, down from 0.796 of national income i immediately. a fall in aid, down| from 0.796 of national income to from 0.7% of national income to 0.5%, sounds small. but aid agencies say could have a huge impact on those living in developing countries and that lives are being put at risk. the uk will spend nearly £4 billion less in overseas aid this year. former prime ministers have spoken out, including gordon brown. there has been an all—party consensus for all parties for 25 years— consensus for all parties for 25 years that _ consensus for all parties for 25 years that we need 0.7% and we need to play— years that we need 0.7% and we need to play our— years that we need 0.7% and we need to play our role in the world by being — to play our role in the world by being one _ to play our role in the world by being one of the leaders in aid. this— being one of the leaders in aid. this is— being one of the leaders in aid. this is hot— being one of the leaders in aid. this is not the right time to pull things— this is not the right time to pull things away because basically this is when _ things away because basically this is when the poorest countries need help most — is when the poorest countries need help most. 50 is when the poorest countries need hel most. , ,, help most. so the political pressure is ilin: u- help most. so the political pressure is piling up on _ help most. so the political pressure is piling up on the — help most. so the political pressure is piling up on the government. - help most. so the political pressure is piling up on the government. but| is piling up on the government. but its opponents, inside and outside the conservative party, could be defeated, not in a vote but because

Aid , People , Areas , Damage , Outcome , Ust , 0-796 , 0 , 7 , Countries , Risk , Lives