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Transcripts For BBCNEWS Asia Business Report 20240706

inauguration of a new bank on shanghai. the new development bank has been set up by the brix group, that s brazil, russia india and china and south africa and president lula said the new financial institution frees developing countries from established ones our business reporter has more on the significance of this trip. on the significance of this tri -. , ., ., , trip. the goal in his own words is to strengthen trip. the goal in his own words is to strengthen the is to strengthen the relationship. and at least when it comes to business ties our already pretty significant. china is brazil s biggest export market, each year buying tens of thousands of billions of dollars of natural resources and agricultural products, including soybeans, iron ore, oil and be for that while brazil according to chinese state media is the biggest recipient in latin america. president lula da silva needs more of it if these two bruised brazil s stagnant economy. that s why the brazilian gover

Transcripts For BBCNEWS Newsday 20240706

brazil s new president lula da silva prepares to meet his counterpart xijinping as he continues his trip in china. welcome to bbc news, broadcasting to viewers around the world. the fbi says it s arrested a suspect alleged to be linked to the leak of hundreds of highly classified us intelligence documents. jack teixeira, who s 21, is an air national guardsman, and was arrested outside his home in massachusetts. the us attorney general, merrick garland, said he was taken into custody without incident, and he d be appearing in federal court. the contents of the leaked documents, spread widely online, have been highly embarrassing for the american authorities. they lay bare security secrets, including ukrainian troop deployments against russian forces, and the extent of american spying on it s own allies. our diplomatic correspondent, paul adams has more. a week after the leaks first appeared, and arrest on the suburban streets of massachusetts. with the media already naming the

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