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Transcripts For BBCNEWS Talking 20240705



to talking business weekly with me aaron heslehurst. let s go and to talking business weekly with me aaron heslehurst. let s go and take a look at what was on show. the show. the saudis are splashing out on sport. golf, football and boxing a role being pumped with cash but what does this middle eastern moneymen for the business of sport? qatar, bahrain and the uae of also bending the sporting establishment, but is it s about the speech, profit or trying to take the focus away from human rights concerns. upending the sporting establishment. i will discuss all of this with these two. there they are. leading expert on the links between sport and politics and top your spot investor he thinks there s millions to be made for a plane for profit. also on the show, i m going to catch up also on the show, i m going to catch up with the man he puts the big deals together for boxes such as anthonyjoshua and jesus rodriguez and asking how saudi arabia s vast oil wealth in shaping ....

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Transcripts For BBCNEWS World 20240705



seeking a winner take all competition and that both countries should not let any disagreement hurt economic ties. tensions have flared over washington s efforts to limit chinese access to advanced computer chips. just this week, beijing tightened export restrictions on two rare minerals both used in the chip industry, but speaking earlier today janet yellen insisted the two economies must remain closely interlinked. i ve made clear that the united states does not seek a wholesale separation of our economies. we seek to diversify and not to decouple. a decoupling of the world s two largest economies would be destabilizing for the global economy, and it would be virtually impossible to undertake. i also made clear that actions we take to protect our national security are designed to be narrowly targeted and that they are premised on straightforward national security considerations, they re are not undertaken to gain economic advantage over china. we are joinded now by ....

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Transcripts For BBCNEWS Talking 20240705



wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. you know, eye watering sums of money are being thrown at sports all over the world, but it s the middle east that seems to be doing most of the buying. and saudi arabia in particular. whether it s in football, golf, formula 1, boxing or cricket, billions of dollars are flowing in. so what impact is it having on the business model that has allowed these sports to become, well, some of the world s most popular forms of entertainment? just a few weeks ago, saudi arabia s sovereign wealth fund known as pif, agreed a deal to merge its live golf series with the us and european tours. the saudis, they re thought to be pumping in $3 billion. it ll bring their acrimonious rivalry, including lawsuits, to an end. football, it s also seen an influx of saudi cash. back in december, cristiano ronaldo signed for al nasr for around $220 million a year. it does include commercial act ....

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Transcripts For BBCNEWS Talking 20240705



to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the saudis are splashing out on sport. golf, football and boxing are all being punched with cash. but what does this middle eastern money mean for the business of sport? qatar, bahrain and the uae are also upending the sporting establishment. but is it all about prestige, profit, or trying to take the focus away from human rights concerns? i m going to be discussing all of that with these two. there they are. a leading expert on the links between sport and politics, and a top us sports investor who thinks there s millions to be made from playing for profit. also on the show, i m going to catch up with the man who puts the big deals together for boxers such as anthonyjoshua and jesse rodriguez. i m going to ask him how saudi arabia s vast oil wealth is reshaping the prizes on offer in his big money sport. wherever you rejoining me from around the world, once again, a big ....

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Transcripts For BBCNEWS BBC News 20240707

financial crisis. if you have these financial institutions trying to off load their assets at once, it sends the markets into a tailspin. the bank of england stepped in to buy these guilds and stabilise the market and they have been setting up their reasoning and explaining why they had to step in to do that. and also what the consequences might have been if they had the.- have been if they had the. digby, let s hear your have been if they had the. digby, let s hear your thoughts. - have been if they had the. digby, let s hear your thoughts. i - have been if they had the. digby, let s hear your thoughts. i think | let s hear your thoughts. i think the bank of let s hear your thoughts. i think the bank of england let s hear your thoughts. i think the bank of england explaining | let s hear your thoughts. i think - the bank of england explaining why they have the bank of england explaining why they have stepped in now, which is absolutely they have stepped in now, whi ....

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