hello, i m victoria valentine. we start in india where world leaders are expective to arrive in new delhi in the coming hours, ahead of this weekend s 620 summit. this was earlier us presidentjoe biden departing washington for the summit. uk prime minister rishi sunak is also expected to attend. the 620 group consists of 19 of the world s wealthiest economies and the european union. it accounts for 85% of global economic output and two thirds of its population. it s a key forum for international issues but there are deep divisions over some of these, like the war in ukraine. live now to siddarth varadarajan, the founding editor of the independent indian news website the wire. thank you very much forjoining us here on bbc news. what hope is there that india is able to push to the fore the agenda of the global south? i think for india, the 620 has always been about, in a sense, pushing the ideas, views and interests of the global south. we ve been doing this since 2008,
It is just past 7 00 p. M. Sunday. Janet yellen defending her time in office as the race narrows to three. Messagenistration has a to those who trade with iran, you do so at your own risk. No surprises. We tend to think japanese elections are a snooze fest, but marketse year and the get it right this time. Pretty much what we would expect. The yen weakening, down. 3 , continuing on with easy Monetary Policy through abenomics. We will take a look at the knock on effect for the next 34 years. Time to bringect in our next guest. She is a former boj policy board member and voted against the negative Interest Rate policy back in 2016. Thank you so much. Your initial reaction to this election . Some were saying this was a victory by default. A lot of divisive issues leading up to sunday. Was this election about nothing . It was already anticipated and no surprise, but this abeumption tax hike, decided to do it has scheduled, but will change the allocation to children and education. This timi
The park will remain closed on wednesday. Managers have expressed their condolences. Now on bbc news, all the latest Business News live from singapore. Australia logs a decade of budget deficits, putting its aaa Credit Rating at risk. Soars to an all time high, adding 1 million to its market Value Bitcoin soars to an all time high. It is wednesday. Glad you could join us for this midweek edition of Asia Business report. I am rico hizon. Australias budget is expected to be in the red until at least 2021, and markets are down. As you can take a look at the market boards, the asx 200 has fallen nearly one third of a percent in early trade. Late on tuesday the government announced a huge Infrastructure Spending plan worth 55 million Infrastructure Spending plan worth 55 million 55 Infrastructure Spending plan worth 55 million 55 billion and the stimulus is expected to create thousands of Jobs Stimulus is expected to create thousands ofjobs across the country but will also lead to a wider t
Say they were hit by the firms thirdack as on the expectation of more. We will be in beijing and china. In tokyo to see why japans biggest banks are forecasting a fourth straight dip in profits. Washingtonwill be in as the of work continues over President Trumps dealings with russia and james comey. This is daybreak asia. I am betty liu. Betty liu in new york, where it is just after 7 00 p. M. Yvonne it happens to everyone. It is just after 7 00 a. M. In hong kong. I am shery ahn on tuesday. I have got to say, it is a live it is a live day. Nothing, to be honest, as as whatg happened in the u. S. The s p 500 is close enough 2400. Betty maybe because there was also a lack of Economic News or any really comments in the fed that investors went back to focusing on some old standbys, which, for instance, oil prices. Oil prices routed. And Energy Shares zooming higher. We also saw it on the nasdaq as well as the dow, closing up. It sets us up very nicely for gains in asia. Shery let us see h
Donald trump talks tax. He puts out his vision to return the u. S. Economy to its glory days. Good morning. Welcome to countdown. Markets are big. Equities are racing higher. Is experiencing a he puts out his vision to return the u. S. Economy to its glory days. Stumbling blg block. We are on the longest losing streak since may of last year. Sincengest losing strict streak since may of last year. People are beginning to really understand what the brexit means for the currency. Barbecues beat brexit. Do when thebrits going gets tough . Shopping and have barbecues. Retail sales are where the market has taken us. Is there more easing or pain to come . Let us look at the risk radar. Ive mentioned equities. They are racing ahead. Mse i asia is up 0. 5 msci asia is up 0. 5 . Something which has shopping ane barbecues. Retail sales are where the market has taken us. Which it. S not pumping ahead is nymex oil falls as these informal oil that are notely likely to talk about supply. The Russian