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Transcripts For BBCNEWS Asia 20240703

Faisal islam the latest geopolitical tensions and how it could drive up prices for all, especially poor countries. Weve got ourforecast down from 1. 7 in april, down to 0. 8 . We have already said risks were the downside when we made this forecast was down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board in most sectors and most geographies. Thats why we cut the forecast. How much of this is actual policy . Were hearing from the west this idea of nearshoring, or income of Rebuilding Supply Chain away from east asia. How much of this is here to stay and how much of a problem is that . We saw there is more to it ongoing now within politically similar blocks number between locks that are dissimilar. That is some indication. We look at certain sec

Global tradeWorld trade organizationThe middle eastReally big impactAsia business reportArunoday mukharjiNgozi okonjo iwealaFaisal islamOn global tradeWorld bankSpeads througout the regionInternational monetary fund1 70 8Interest ratesRebuilding supply chain

Transcripts For BBCNEWS Asia 20240703

Geopolitical tensions and how it could drive up prices for all, especially poorer countries. Weve cut our forecast down from 1. 7 in april, cut it down to 0. 8 . We have already said risks were the downside when we made this earlierforecast, so down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board in most sectors and most geographies. Thats why we cut the forecast. How much of this is actual policy . Were hearing from the west this idea of nearshoring, friendshoring, Rebuilding Supply Chains away from east asia. How much of this is here to stay and how much of a problem is that . We saw there is more trade ongoing now within politically similar blocks number than between blocks that are dissimilar. That is some indication. We look at certain s

Global tradeThe middle eastWorld trade organizationAsia business reportArunoday mukharjiNgozi okonjo iwealaFaisal islamInternational monetary fundWorld bank0 81 7Interest ratesChina sOf nearshoringRebuilding supply chainsEast asia

Transcripts For BBCNEWS Asia 20240703

Weve got our forecast down from 1. 7 in april, down to zero point a present. We have already said risks were the downside when we made this forecast was up is down by almost one percentage point. There are number of factors, the continuing crisis in the world that we see and now of course we have the crisis in The Middle East. We have the slowdown in growth in china, we also have high Interest Rates that have continued. We see weak demand across the board for them in most sectors in most geographies. Thats why we cut the forecast. Cut the forecast. How much of this is actual cut the forecast. How much of this is actual policy . Cut the forecast. How much of this is actual policy . Were. This is actual policy . Were hearing from the west this idea of nearshore income of french or income of Rebuilding Supply Chain away from east asia for the friend sharing. How much of this is here to stay and how much of a problem is that . We saw there much of a problem is that . We saw there is much o

Global tradeThe middle eastWorld trade organizationOn global tradeReally big impactAsia business reportArunoday mukharjiNgozi okonjo iwealaFaisal islamSpeads througout the regionInternational monetary fundWorld bank1 7Interest ratesThe forecastFriend sharing

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