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Leading economist calls for shared growth for social, economic, regional, gender balance

Former Prime Minister Chung Un-chan, in his inaugural address for the post on Sept. 29, 2009, said Korea has become one of the only seven nations to boast a population of over 50 million and per capita income of over $20,000, following the United States, Japan, Germany, the United Kingdom, France and Italy.

France , United-kingdom , Columbia-university , New-york , United-states , Italy , North-korea , Toronto , Ontario , Canada , China , Seoul

Alex Witt Reports

you do some the criminal. they do think there are certain things you do as president, if that you are immune, that's a sovereign later, you can't be suture every decision you make. but the idea that you can, that you can't be criminally charged from committing an actual crime while president seems like a bit of a stretch to most legal scholars. >> so, president biden, as you, know is responding to a comment that donald trump made about why he hopes the economy crashes this year. let's take a listen to both of their remarks. i'm getting a reaction on the other side. >> when there's a crash, i hope it's going to be during this next 12 months. because i don't want to be herbert hoover. the one precedent i just want to be herbert hoover. >> he economist doing pretty darn well because he doesn't want that to continue. and by the way, the idea that he wants to see a crash in the next 12 months, he doesn't want to be herbert hoover, he has to understand. he's already herbert hoover. he's the only other president who has lost jobs during his term. >> so, you've got to wonder

President , Things , Crime , Idea , Decision , Criminal , Suture , Sovereign , Donald-trump , Listen , Bit , Joe-biden

Early Start With Kasie Hunt

of course i'm not an economist, i can't tell you what people are thinking, but i think a lot of people disagree with that argument. and it is pretty remarkable just to hear donald trump say that i hope the economy crashes before i could potentially be elected. i think that is a truly remarkable thing for a former president to say. biden and his campaign for their part have pointed out that president should want the economy to always be good. always want americans to enjoy the economy and they are making that stark contrast. >> i feel like we'll have to retire the phrase quiet part out loud. because it is just everything. it is all out loud. alayna treene, thank you have even for being with us. stay warm in iowa. i'll see you there. up next here, we're following breaking news, the u.s. and uk hit back at houthi rebels who have been taking shots at commercial ships in the red sesea. much morore coveragege up next "cnn t this mornining."

Donald-trump , Course , Lot , People , Argument , Thinking , Economist , Economy-crashes , U-s- , Joe-biden , Economy , Part

World Business Report

a recession is usually defined as two quarters of negative growth. we know the uk economy got smaller between july and september, and also shrank in october. we�*ll get gdp figures for november in the next couple of hours, so what are we expecting? let�*s discuss this further. melanie baker is senior economist at royal london asset management. what do you think we could see? what do you think we could see? what you think we see, melanie? my what you think we see, melanie? my forecast is actually fairly low with consensus this time around. we probably will see a little bit of a bank in the size of the uk economy in november. properly something around 0.2 increase on the month, as you said last month we had a 0.3% contraction on the month. that is partly because what we saw in october was ahead to economy from poor weather and also a little bit

Economy , Uk , Recession , Growth , Gdp , Quarters , September , July , Two , Economist , Melanie-baker , Royal-london-asset-management

World Business Report

65 £5 billion, including projects for the ministry of defence and home office. and 2022, the government removed fujitsu from its preferred list of supplies but it can still win government contracts for the procurement process. fujitsu executives are due before the enquiry next week. let's return to the us now, because in the next few hours we get consumer price inflation figures for december. they will be a key piece of evidence for the federal reserve, as it decides whether it has done enough to bring inflation under control, and when to start easing the cost of borrowing from a two—decade high. scott anderson is chief us economist at bmo capital markets in san francisco. hejoins us now. a warm he joins us now. a warm welcome scott to use. he joins us now. a warm welcome scott to use-— scott to use. markets have been on edae scott to use. markets have been on edge about — scott to use. markets have been on edge about this _ scott to use. markets have been on edge about this for _ scott to use. markets have been on edge about this for days. - scott to use. markets have been on edge about this for days. if . on edge about this for days. if you read any market report it talks about this inflation number coming out and in a few

Government , Government-contracts , Supplies , Home-office , List , Projects , Procurement-process , Ministry-of-defence , 2022 , -billion , 65 , 5-billion

World Business Report

macroeconomic data and high interest rates. let's bring in christian schultz — deputy chief european economist at citi. thank you forjoining us. these work stoppages, they train drivers strike, the farmer destruction, could be because germany to dip into a recession?— a recession? what is going on at the moment does _ a recession? what is going on at the moment does remind _ a recession? what is going on at the moment does remind you _ a recession? what is going on at the moment does remind you more - a recession? what is going on at the moment does remind you more of l a recession? what is going on at the i moment does remind you more of what often happens in france that you have a mix of labour disputes, political protests really disabling the economy, but sometimes a really significant economic impact. we have to see for how long these protests continue and i do believe the fact many of us can now work from home probably diminishes the impact, especially of the railway strikes somewhat, so i do not think it will tip the german economy into recession by itself, but itjust adds to the overall picture of uncertainty in germany. strikes are going to have an impact on

Us , Drivers-strike , Economist , Work-stoppages , Data , Interest-rates , Chief-european , At-citi , Christian , Recession , France , German

Velshi

i see my own life, probably a 30% increase in inflation, and it's just really tough. >> a study inflation pretty closely, and that woman's mouth isn't mathing. but in case she or anyone else is watching this, i've got some good news for her and for nikki haley as well. ever since inflation hit a peak of 9.1% in june of 2022, the biden era, it has cooled down considerably. it's actually been on a downward trend since then, and is now under control. inflation rates are now currently at 3.1%, which will higher than the feds target rate, is a number that most global economist say makes sense for an economy like americas over the long term. presidents have little control over gas prices, but that often adds to voters feelings about the economy, and in that regard, there's good news to, because gas prices are also down. it's gone from a peak of four 93 a gallon in june of 2022, to $3.13 last month. the lowest they've been for two and a half years. even the stock markets, which trump love to brag about on a

Inflation , Life , Woman , Anyone , Isn-t-mathing , Study-inflation , Increase , Case , 30 , Inflation-rates , Peak , News

Talking Business

wherever you arejoining me from around the world warm welcome. china, �*s second biggest economy a trouser united states and is more than four times the size of the next on the list pan. what happens there matters. a year since the government abandoned coronavirus lockdowns economist are struggling and including vast debts of the property market in local government, soaring youth unemployment, an ageing workforce and trade tension with the united states. lost in decades and some say that was deliberate but it will be achieved according to the imf

Ust-reboot-china-s , Economy , Us , Trouser , Around-the-world-warm-welcome , Government , Economist , Times , Pan , Size , List , Coronavirus-lockdowns