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Transcripts For BBCNEWS Asia 20240704

System and, of course, in china as well. I think what it means also is that amongst all of the various imbalances in the economy in china right now, the Property Sector might be the weight on the economy that lasts the longest simply because it is going to be such a slow slog in terms of restructuring this debt. We have seen pictures of unfinished buildings, families and even sometimes having to squat in those buildings because they cannot afford to pay the rent and pay their mortgage on these properties. What can china do to try to boost this up . Somehow the key to this issue right now is to complete Unfinished Projects because this will at least keep some of the financing flowing. As you mentioned, many, many projects are presold and the households that buy those properties, they make Mortgage Payments even i ....

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Transcripts For BBCNEWS BBC News 20240706



welcome to bbc news. we start with president biden who s just arrived in the irish capital dublin. earlier he made an impassioned defence of the good friday agreement in belfast 25 years after it was signed. he was greeted on the tarmac at dublin airport by the irish taoieseach leo varadkar. the pair then left in a motorcade, heading for co louth after the bad weather halted plans for the president to travel by helicopter. it s been a busy, busy day for the us president. it started with a meeting with rishi sunak both expressing their hope that power sharing can be restored. joe biden also met the leaders of the five main parties off camera he said he was in listening mode. the president will not be visiting stormont is currently not functioning since the democratic unit is party withdrew support in post brexit trading arrangements. the president acknowledged differences but said he hoped to power sharing would resume. i differences but said he hoped to power-sharing wo ....

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Transcripts for BBCNEWS Asia Business Report 20240604 01:35:00

Growth remains strong but the return to a higher rate economy may only just have started. we have been talking about the impact of high interest rates on the us property market, well, amid strong growth and low unemployment, there is now growing fear once again the interest rates will stay higher for longer and that has caused guilds on the ten year us government bond to flow to a 50 year high. such bonds are considered to be an especially safe investment and a closely scrutinised to the use as a benchmark for pricing everything. from home mortgages to commercial loans. it is notjust growth injobs that have proven resilient amid high interest rates. the us consumers not lost his or her appetite for shopping either. walmart is posted are better than expected second quarter result raised its full year forecast. profits reach nearly $8 billion, rising more than 50% on the same period last year. ....

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Transcripts for BBCNEWS Sunday with Laura Kuenssberg 20240604 08:27:00

Climate, but equally important our economies will flourish. we are seeing unbelievable growth injobs. unbelievable movement in the job market. moving towards these new jobs, the fastest growing job in america was wind turbine technician. third fastest solar panels. fine america was wind turbine technician. third fastest solar panels. third fastest solar panels. one area where we have third fastest solar panels. one area where we have seen third fastest solar panels. one area where we have seen the third fastest solar panels. one area j where we have seen the importance third fastest solar panels. one area i where we have seen the importance of energy and prices of course is what has been happening in the ukraine and this week, president biden announced the us would send cluster bombs to ukraine. you had expressed concern about the impact those weapons can have on civilians. aren t you worried about their use in this conflict? i aren t you worried about their use in this conflic ....

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Transcripts for BBCNEWS BBC News 20240604 16:34:00

Spoke agreement and president aydin and i spoke a agreement and president aydin and i spoke a lot agreement and president aydin and i spoke a lot on that and in particular about the incredible economic opportunities that are there economic opportunities that are there in economic opportunities that are there in store for northern ireland. president there in store for northern ireland. president biden. in the potential that is president biden. in the potential that is there president biden. in the potential that is there and the companies that want to that is there and the companies that want to invest there and i think that it want to invest there and i think that it will want to invest there and i think that it will bring growth injobs and prosperity to northern ireland and prosperity to northern ireland and i and prosperity to northern ireland and i know and prosperity to northern ireland and i know that he shares my ambition and i know that he shares my ....

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