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Transcripts For BBCNEWS World Business Report 20240706

before france s top judges and betting on a crackdown: premier league clubs agree to remove gambling sponsors from shirt fronts within three years. campaigners say it s nowhere near enough. hello there. giving in to big pay demands by striking workers would be, quote, a terrible mistake so says the uk s finance minister chancellor of the exchequer, jeremy hunt, who s been defending his policies after official figures confirmed the economy flatlined in february with growth of 0%. industrial action is seen as a key factor dragging on the economy with teachers, rail workers, civil servants and nowjunior doctors among those walking out in a wave of strikes over pay. mr hunt is in washington for the spring meetings of the world bank and imf, where he was asked about the strikes. the one thing we won t do, because it would be a terrible mistake, is to agree to an inflationary pay rise that means that we are still talking about inflation in one year s time. if we stick to the pl

Transcripts For BBCNEWS World Business Report 20240706

surged 10% last year to $150 billlion. they have moved to reduce reliance on the us dollar by setting up payment clearing in the chinese currency, the yuan. former brazilian president dilma rousseff is to be sworn in today as head of the new development bank a rival to the world bank and imf set by by the so called brics countries of brazil, russia, india, china and south africa. let s speak now to william jackson, who is emerging market economist at capital economics. xi has been signalling the post covid reopening of china by hosting a series of world leaders. what can we read into the fact that brazil s leader has been among the first? you are absolutely right. as china moves into its postcode environment it seems to be wanting to spread its international wings. we have seen talks between saudi arabia and iran recently, and now we have cordial words with president lula, hayes and china at the moment. there is a big political angle to this, to find a way to cement relatio

Highlights From Bank of Canada s Draft Guidance on Retail Payment Activities Act | Blake, Cassels & Graydon LLP

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