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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241008

Mentioned has been climbing, to more regionally what the impact has been. As we know from the international monetary fund, gutter has seen its gdp shrank almost 90 since the study of the conflict. In israel it is down around 20 to 25 . To talk more about israel and the economy. Jon medved is Chief Executive of the israeli Investment Firm Ourcrowd and joins us from jerusalem. Thank you for coming on the programme. As ijust mentioned, it has had a devastating impact on both the Gaza Economy and on israel. But you can talk more about the israeli perspective. What about the impact, what is it like being a Company Doing Business right there . It like being a Company Doing Business right ther ....

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Transcripts For BBCNEWS The 20240704

Will have to send troops into rafah, the city in the southern gaza, to achieve its war aims of eliminating hamas. He has been briefing a Government Committee in which he acknowleged his difference with the white house on that, not on the objective, per se, more on the means. That much is clear. President biden has been firm in his belief that a full scale of invasion of rafah would be a disaster. The white house has invited key Security Officials to washington to discuss the strategy probably early next week. Heres what the Us National Security adviser said ahead of that meeting. The president has rejected, and did again today, the strawman that raising questions about rafah is the same as raising questions about defeating hamas. Thatsjust nonsense. Our position is that hamas should not be allowed a
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Transcripts For BBCNEWS Asia Business Report 20240706



you how the markets fed overnight. as you can see on the screens, the dowjones and s&p 500 closed higher thanks to the energy sector index which surged after the announcement. inflation concerns have been tempered by expectations the us central bank could end its monetary tightening campaign. still, an oil output cut will mean higher prices. my colleague has more. many analysts colleague has more. many analysts believe colleague has more. many analysts believe that - colleague has more. many analysts believe that they | colleague has more. many - analysts believe that they want to keep the price above $80 a barrel, even hovering around $90 a barrel. a higher price of oil has wide ranging implications. it will make producing goods more expensive for companies and if prices stay high for a while it will have an impact on the price of gasoline, and as many countries around the world are fighting high inflation, this move but opec could make this more difficult and the ....

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