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Transcripts For BBCNEWS Asia 20240703

But not sprinting. He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. In the right direction. Well, thins in the right direction. Well, things are in the right direction. Well, things are going in the right direction. Well, things are going in in the right direction. Well, things are going in the in the right direction. Well, | things are going in the right direction. What we are seeing is despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has b

Transcripts For BBCNEWS Asia 20240703

He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. Well, things are going in the right direction. What we are seeing is, despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has been resilient. At the same time, the Growth Numbers we have, around 3 this year, 2. 9 for next year, this is way below historical average. So the Global Economy is limping along, its not sprinting but its been resilient. Right. Do you from this point see there are areas w

Transcripts For BBCNEWS Asia 20240703

Department s case revolves around these deals which ensure pretty much every smart phone sold in america comes Out Of The Box with Google Search preinstalled. The microsoft box said his company has invested more than 1 billion into the development of its own Search Engine being also invested heavily in Artificial Intelligence and considered a front runner. But he warned there were limits about how far aa could reshape the market. His appearance comes many years after the tech giants face its own monopoly case which was settled back in 2001. Which paved the way for competitors like google. News that were looking ahead to this morning in about an hour from now on the heavily indebted chinese Property Giant Epigrams as it will be resuming trading its sharers in hong kong. It was announced last thursday its chief was suspected of crimes following the suspension of its sharers from trading that day. Every grant has become a symbol of chinas Ballooning Property Sector crisis that has seen s

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