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Welcome to hardtalk. Im stephen sackur. Kahn won power in pakistan two years ago with a promise to root out corruption and take on the countries vested interest. So hows it going . Well, rising food prices and the covid pandemic have left many pakistanis feeling worse off. While the Anti Corruption drive has become a political battleground. My guest today ishaq dar was pakistans Finance Minister a former Prime Minister nawaz sharif now both of those men are trying to rally opposition to imran khan. But how much credibility do they have . Ishaq dar, welcome to hardtalk. Thank you for having me. Let us begin with your personal status, your legal status. You are a wanted man in pakistan. Are you here in london to escape the judicial process . Not really, i think you must be aware of the pakistan history. When our in paki ....
max foster here in london. just ahead great likelihood is that we will have a recession. this 40 year high in inflation is having a real impact on the economy. consumers are shifting their spending to more essential categories like food and fuel. our investigation though it is not a criminal investigation certainly has brought some things to light that doj is watching. doj is now inside the white house for the first time. that is a big change. it is a hard grind, that is what ukrainian commanders are predicting to try to push the russian troops back. it is wednesday, july 27. 9:00 a.m. here in london, 4:00 a.m. in washington where in the coming hours, the u.s. federal reserve is expected to hike its benchmark interest rate in the latest attempt to cool the economy and tame inflation. the country s gdp will be released tomorrow with analysts waiting to see if the numbers show that the economy has slowed again. add in soaring prices, rising expenses and an ....
Coming hours, the u.s. federal reserve is expected to hike its benchmark interest rate in the latest attempt to cool the economy and tame inflation. the country s gdp will be released tomorrow with analysts waiting to see if the numbers show that the economy has slowed again. add in soaring prices, rising expenses and an ill performing stock market and it is creating the perfect recipe for recession fears. despite all this, the white house remains confident that the u.s. can steer clear of this one. growth is slowing globally and i m not saying that we will definitely avoid a recession. i don t think that we ll see a recession. citigroup, little data that i see tells me that the u.s. is on the cusp of a recession. morgan stanley, with strong job growth and continued robust demandconsumption, this ....
Now going forward. that s another reason that companies which is a good thing are going to make their own decisions. they re going to breathe and live on their own and create job growth and create economic growth and that, too, will keep this economy going in the coming years. i want to go back to the new york stock exchange and bring susan lee back into this. what s interesting, susan, overnight, china s stock market, main market, the shanghai down more than 4%. it s been absolutely decimated over the last year compared to our market which is up significantly over the same time since president trump has been in office. as we head into the final phase of the china-u.s. trade talks, what kind of an impact does that give us? what kind of leverage does that give president trump? well, over the last 10 years, charles, my favorite term has been the cleanest dirty shirts and that s what the u.s. market and the u.s. economy has been. and i always say actually especially true in the curren ....
where is the biggest performance in the world? does anyone know larry kudlow? you think money, right, larry? i didn t know that. china is the worst performing stock market right now in the world. that s because of us. and we have to be one of the best performing stock markets, but we are the best performing country. we have a lot of potential for further growth. so we re doing very well over in china. our people are there, i know the people very well. and i think we re going to have some good answers. i m unhappy. i could live with them paying billions and billions of dollars. ....