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BBCNEWS World July 5, 2024

bloc known as mercosur likely to dominate. both blocs have entered the last stretch of negotiations to seal a trade deal that has been over two decades in the making. so what progress will be made this week? let s discuss this withjimena blanco chief analyst and head of americas research at the risk intelligence company verisk maplecroft. it s company verisk maplecroft. a really big week for ti eu it s a really big week for the eu and for south america. remind the viewers, mercosur what is it and who is involved with that and why is it taking so long for this trade pact to be aligned? be aligned? good morning, sall . be aligned? good morning, sally- the be aligned? good morning, sally. the mercosur - be aligned? good morning, sally. the mercosur and - be aligned? good morning, sally. the mercosur and eui sally. the mercosur and eu talks have been going on for a couple of decades, but in 2019, the south american block that comprises argentina brazil, uruguay and par ....

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BBCNEWS Asia July 5, 2024

avoid. and japan will discuss policy moods. the ultra loose in a tree policy expected to be maintained. but investors will also be watching china which is supposed to unveil data later today loan growth and supply money from a good offer some clues on the cash in circulation and the deposit in the financial system. on thursday, we will get a gauge on how factories are performing and a check on the retail pulse for the month of may. i got a take on how the federal will move this week. take on how the federal will move this week. this will be the first pause move this week. this will be the first pause and - move this week. this will be the first pause and its - move this week. this will be i the first pause and its outlook are so pretty much a change inaudible. it will hike interest rates i believe in line with us treasury which are in the process to fill its cash inaudible. in the process to fill its cash inaudible. ., , ., ., inaudible. the european central bank r ....

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BBCNEWS World July 5, 2024

case and what the and he was there was a and they also settled a russian tanker that in karachi on sunday and that is packet study perspective they can get hold of any oil and if they don t have to pay in us dollars that is welcome. of course it is controversial because western countries have imposed sanctions on russia for its invasion of ukraine, so it all oil exports have been restricted. they have announced a price cap of $60 a barrel. pakistan has been negotiating with russia for months to get discounted oil. a short while ago the petroleum minister said that they are going to pay in the chinese currency. that is again a benefit to pakistan because foreign exchange reserves have dropped below $4 billion and now they are looking for ways to pay. this all against a pretty weak economic picture for pakistan. it is facing a lot of economic trouble and therefore it needs this cheap energy. at the same time i wonder what needs to be done to try and set the economy back o ....

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BBCNEWS Newscast July 5, 2024

newscast from the bbc. hello. it s adam in the studio. hello, it s alex in the studio. and there is a chris mason shaped hole just on that side of the table because he s off on his travels. he s in washington dc where he s been for the last day or two with rishi sunak, the prime minister who has been visiting joe biden. and on thursday evening they had a press conference. and alex, the centrepiece of this visit is this communique they ve put out where they ve talked about this new, new trade relationship. but don t call it a trade deal. because there s definitely not a trade deal. but what is not the trade deal that the conservatives promised they d get with the us and clearly haven t got it is. the atlantic declaration. so what effectively this is is them talking about how they re going to continue to strengthen their economic ties and work together and do some like deals which aren t trade deals they re little deals to help each other s economies work in tandem, parti ....

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BBCNEWS Asia July 5, 2024

welcome to a brand new week. looks like it s going to be a busy month for central banks from the us, europe and japan. on wednesday the us federal reserve will wrap up its two day meeting to decide on a cost of borrowing in the worlds largest economy. expectations are high at the fed and will hit the pause button this week after raising interest rates ten times and fascia. on thursday policymakers from the european central bank are expected to meet and they at the delicate balance of taming inflation while trying to avoid the risk of falling into a recession. and rounding out the week the bank ofjapan will be in session to debate on its monetary policy moods. expectations are high that they will continue to remain its ultra loose monetary policy. it s notjust central banks that investors will be watching closely this week, china is poised to unveil a slew of its latest data. later today at loan growth and money supply data for may could offer some clues on cash that is ....

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