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Transcripts For DW Business - News 20240712

What should be done with the stone or from africa. This is being hotly debated on both continents. Stolen soul destroyed september 7th on g. W. The incredible shrinking economy india posts its was the Economic Performance in a quarter century the numbers are even worse when you figure in the all important Informal Sector. Logistics firms join the race for a Coronavirus Vaccine that constructing sub 0 storage holes for what it could could become the worlds biggest logistical challenge. And i didnt see no diffuses fears of a messy default agreeing to a massive debt deal. With prejudice it can set the benchmark for future so very pricey. And then physical and lets do business incredible india was the marketing slogan in this case an incredibly woeful performance and record slump for indias economy a 24 percent drop in the 2nd quarter much holdem focused its the same story playing out around the world straight lockdowns to contain the coronavirus has driven down spending and Investment Ind

Transcripts For DW DW News Africa 20240712

Reluctant parents to get their children vaccinated and keep the disease out. Hello im kristie want to welcome to news africa its good to have your Company South africas president. Has had to reprimand the countrys finance minister today for comments he made about zambia off as m. P. s president at the will fired the Central Bank Governor danny callia teachable weighed me off south africa tweeted that president s in africa must stop this nonsense all waking up in the morning and fire a central bank of it up you cannot do that this is not some fiefdoms of your prophecy you know now boy me for the went on to say that that governor was a good friend why do we do these things as africans the president of zambia give us the reasons why he dismissed the governor or else help is on its way i will mobilize. Mr bowen has since deleted his tweets but he did say that he stood by his statement adding that the Central Bank Independence was not negotiable so talk more on this weve invited doug says i

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240713

Security law over hong kong sparks outrage from the opposition. We will be live in beijing at the National Peoples conference with the latest. President trump, a pledge of retaliation. The hang seng leaves asian stocks lower as u. S. Senators lower rates. And the fed could hold further guidance until the fall. Bets on a boe journey toward up support for small business. We are just under an hour away from the start of cash equity trading in europe. We will take a look first at futures after the hang seng fell 5 . Youre a stocks, ftse, and dax futures all down one euro stoxx, ftse, and dax futures all down 1 or more. On the majorps European Equity indexes. In terms of u. S. Futures, halfpercent drops, basically, across the dow jones, s p, and nasdaq futures contracts. It looks like it could be a negative open, even before we talk about big budget deficits. Anna indeed. Lets get to some of the earnings. We get some numbers out of burberry, the luxury clothing business based in the u. K. ,

Transcripts For DW Business 20240713

Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cost doesnt only go to financing to saudi face it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for society says or through no one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from topps but no one knows with any certainty had the companys structured end run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables crown Prince Mohammed bin simon wants to reduce his

Transcripts For DW Business 20240713

Aramco the oil giant posted net profits of 111000000000. 00 euros last year because creative cost doesnt only go to financing the saudis face it also pays for a lot of perks for the general public petrol is cheap health care and education are both free for. No one pays income tax. The oil concealed beneath the Saudi Arabian desert has almost been pumping itself out of the ground for a few years low drilling costs have made iran co the most valuable and Profitable Company in the world and its the biggest 12 percent of the worlds oil comes from topps but no one knows with any certainty had the company is structured and run around co avoid publicity as far as possible its shares will only be listed on the Riyadh Stock Exchange now and there are questions about just how large its sited reserves really are not to mention the uncertainty around or oil prices and a move towards renewables Crown Prince Mohammed Bin Salman wants to reduce his countrys reliance on oil revenues from around close

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