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Transcripts For BBCNEWS Asia Business Report 20240706

Bank spring meetings, which could lead that kicked off on monday in washington. Our North America correspondent is there and has a preview of those meetings. High inflation continues to plague countries around the world. Central bankers are raising Interest Rates to try and slow down those price increases. As a result however, we have some of the weakest Growth Projections by the International Monetary fund since the 1990s. With the Worlds Finance Ministers and central bankers all meeting in washington this week the increasingly fragile Global Economy will certainly be the focus along with ways for countries to try and mitigate some of ....

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Transcripts For BBCNEWS World Business Report 20240706

so lets now get down to business starting in france where another day of disruption is ahead. eight union federations have called for strike action in what will be the 11th day of mass walk outs since the beginning of the pension battle injanuary. this comes as president emmanuel macron prepares to meet china s president xi in the next few hours. he plans to talk about the war in ukraine but is also with a large french trade delegation. meanwhile the crisis at home over pension reform has hit a fresh roadblock with last ditch talks with the prime minister over raising the pension age from 62 to 64 years breaking down. lets go live to paris, and a familiar face on this programme, tomasz michalski, associate professor of economics at the hec business school. lovely to see you. so, here we are, another day of disruption ahead which is going to be extremely difficult to manage. it was so violent in the last few weeks, your thoughts? well, this time around few weeks, your though ....

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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 ....

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Transcripts For MSNBC Andrea Mitchell Reports 20240706



teixeira accused of disseminating classified documents. the pentagon and intelligence community in daniel mage control how can this happen again ten years after edward snowden the justice department filed an appeal to the supreme court to block a federal appeals court ruling that limits access to an fda approved abortion pill will the court act before the ruling goes into affect? and grant a stay until it can decide the case. i will be joined by pete buttigieg on some of the big headlines this week and the biden administration s $300 million investment in repairing bridges from san diego to albany good day, i m andrea mitchell in washington the 21-year-old national guardsman charged under two sections of the espionage act for that massive leak of classified documents making his first appearance in a boston federal court. with three family members sitting behind him, jack teixeira was read charges that carry a term of ten years in prison and three years supervise ....

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Transcripts For BBCNEWS Asia Business Report 20240706



a far cry from the 9% we saw in june but there are warnings of a possible recession or the pipelines our business reporter katie silva has been looking into the details of the story for us. it is always great to see you on asia business report at the seems like relatively good doesn t it? fit at the seems like relatively good doesn t it? of course. as we mentioned good doesn t it? of course. as i we mentioned a huge drop since lastjune. 5% inflation down from 6%, its well and truly been welcomed in high quarters, president biden saying it gives american families some breathing room in particular pointing to the fact that we ve seen the greatest reduction in the costs of gas as well as food and grocery expenses, things that are very important to american families. but the excitement should be tempered somewhat. up was the us like many major economies pursues an inflation target of 2% so 5% is still a long way off that and if we were to take out those impacts of the fu ....

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