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Transcripts For BBCNEWS World 20240704

China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest d ....

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Transcripts For BBCNEWS Newsday 20240704

Hi there, thank you for being with us. We begin with some Breaking News from the brazilian city of belem, where leaders of eight South American countries which share the amazon have been meeting for a landmark summit. The leaders have issued a joint declaration, saying they have established a new alliance, aimed at preventing the amazon from reaching a point of no return. But leaders appear to have stopped short of pledging an end to deforestation by 2030, as brazils president lula, who is hosting the event, had hoped. Our South America Correspondent Katy Watson reports from para, which is the state with the highest Deforestation Rate in the country. Virgin forest still exists here in the amazon, but every day the illegal loggers get clos ....

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Transcripts For BBCNEWS Asia 20240704

Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the
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Transcripts For BBCNEWS BBC 20240704

The amazon from reaching a point of no return. The lengthy roadmap outlined in the city of belaine promotes sustainable development, an end to deforestation, and fighting the organised crime that fuels it. Lets take a look at whats at stake the amazon stretches nearly Seven Million Square Kilometres or nearly Three Million square miles. About two thirds of that is in brazil. Another seven countries, and one territory share the remaining third. Under brazils former president , jair bolsonaro, years of deforestation in the amazon worsened. The orange on this map shows the areas of deforestation between 2019 and 2022 in the state of para, where the summit is being held. But new data shows a positive shift. Deforestation in the amazon fell by 66 last month compared to the year before. Its now at its lowest rate in six years ....

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Transcripts For BBCNEWS Asia 20240704

Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the
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