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Transcripts For BBCNEWS World 20240706

at verisk maplecroft. if erdogan continues down this path of policy that he has embarked upon, do you think turkey will be defaulting on its debts any time soon? thank ou. its debts any time soon? thank yom yes. its debts any time soon? thank you. yes, well, its debts any time soon? thank you. yes, well, the its debts any time soon? thank you. yes, well, the turkish - you. yes, well, the turkish lira partly as a result of economic policies under the current turkish government has lost about 80% of its value over the past five years. and in the lead up to the election, one of the ways in which the central bank was holding it off was drawing on its foreign exchange and gold reserves. although that props up the lira it is not necessarily sustainable in the long term and if turkey is no longer able to finance imports or to service its external debt it could end up default. there are corrective actions the turkish government can take to try and hold off that risk but we have

Country
President
Run-off
Let
Turkey
Lira
Currency
Victoria-valentine
Authorities
Low
Record
Winner

Transcripts For BBCNEWS Asia 20240706

that gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked ab

Deal
Kevin-mccarthy
Agreement
Debt-ceiling
Us
Hello
Asia-business-report
Presidentjoe-biden
Compromise
Congress
Members
Parties

Transcripts For BBCNEWS Asia 20240706

this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked about how there will be tougher work requirements for some people in receipt of food a

Deal
Kevin-mccarthy
Agreement
Hello
Presidentjoe-biden
Asia-business-report
Congress
Members
Debt-ceiling
Negotiations
Need
Journalists

Transcripts For BBCNEWS Asia 20240706

gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune the 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked abo

Country
Kevin-mccarthy
Run-off-election
Joe-biden
Us
Hello
Asia-business-report
Deal
Compromise
Debt-ceiling
Agreement
Congress

Transcripts for BBCNEWS Asia Business Report 20240604 01:39:00

you could sketch out on the back of an envelope and they would pull out their cheque book. when the bubble burst at the end of the dot com era, a lot of little start ups went by the wayside and we probably would have done the same if it wasn t for one deal we had with nokia phones. nokia remembers because it s human to forget. when you hear the dreaded nokia ring tone, coming out of a beatnik synthesiser. nokia ringtone every time that things would go off in an airport lounge, everybody would frown. yes, i felt responsible, but not in a good way! i think the skills and the craft we learn in one field are not redundant when you move to a different field. they sort of inform the choices you make, but i ve always been stimulated by being in an area where i didn t know what the heck i was doing. i find that much more

Nokia
Wasn-t
Lot
Back
Envelope
Cheque-book
Ups
Same
Phones
One
The-end
Dot-com-era

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