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Transcripts For BBCNEWS Asia 20240706

the mood in washington. with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they won t wi

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Transcripts For BBCNEWS World 20240702

Between the worlds two economic heavyweights. Chinese Foreign Minister wang yi is in washington hes been meeting us Secretary Of State Antony Blinken and is expected to meet National Security adviser jake sullivan. Blinken told the Un Security Council on tuesday he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements over other issues including trade. Earlier this week, beijing restricted the exports of graphite which is used in many products, including electric cars. China produces 90 of the worlds graphite supply. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for nvidias chips has driven its share price up by more than 200 over the past year, with china its leading buyer. Janet mui is head of Market Analysis at rbc brewin dolphin. Thank you for being with us. T

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Transcripts For BBCNEWS World 20240702

And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products including electric cars. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for its chips has driven nvidias share price up by more than 200 over the past year, with china being its leading buyer. Joining me now is rory green, chief china economist, and head of asia research, at ts lombard. Thanks for being with us today. What you expect to come out of these talks . ,. ,. , you expect to come out of these ta

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Transcripts For BBCNEWS BBC 20240702

Election who has that plan. Who is prepared to take the bold action necessary to secure a Better Future for our country and our children . Now, i cannot and will not claim that we have got everything right. No government should. But i am proud of what we have achieved together. The bold actions we have taken, and i am confident about what we can do in the future. Over the next few weeks, i will fight for every vote. I will earn your trust, and i will prove to you that only a conservative Government Led by me will not put our hard earned economic stability at risk, can restore pride and confidence in our country, and with a clear plan and bold action, will deliver a secure future for you, yourfamily and our united kingdom. So, this is it a General Election is on. Power will leave this most powerful of streets, and you will be able to decide whether he stays or whether he goes. And so the arguments, the persuasion begins. On days like this, one lectern leads to another, and the thrust of

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Transcripts For BBCNEWS Newsday 20240702

Developments from westminster. The lectern in place after a downpour of anticipation. Cameras, reporters, brollies, the downpours coming from the skies too. At teatime, this. Earlier today, i spoke with his majesty the king to request the dissolution of parliament. The king has granted this request and we will have a General Election on the fourth ofjuly. Music blaring from campaigners in nearby whitehall, Rain Tumbling onto the Prime Ministers sodden suit. You must choose in this election who has that plan. Who is prepared to take the bold action necessary to secure a Better Future for our country and our children . Now, i cannot and will not claim that we have got everything right. No government should. But i am proud of what we have achieved together. The bold actions we have taken, and i am confident about what we can do in the future. Over the next few weeks, i will fight for every vote. I will earn your trust, and i will prove to you that only a conservative Government Led by me

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