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Transcripts for BBCNEWS World Business Report 20240604 10:40:00

well connected within the communist party at all. but he is a very experienced banker and economist. he has got a good track record of success in a crisis. he did well at a couple of big chinese banks, he s been deputy governor of the people s bank of china for over a decade now. he averted a major potential currency crisis a number of years ago as well. he was even warning about this potential housing bubble which is causing so many issues in the chinese economy right now. so, while china s political leadership has tried to downplay the extent of its economic problems, you could argue that in selecting someone like mr pan, that in itself is an implicit acknowledgement of the severity of the situation. in other news..

Zimbabwe s Gold-Backed Digital Token: Insufficient to Address Country s Currency Challenges, Experts Explain

What s The Fundamental Problem In China, The US, And The EU?

Transcripts for CNN Early Start With Christine Romans 20240604 09:08:00

weeks time on the 28th of may, it does appear that he has defied expectations. that he has emerged here pretty much unscathed after everything he has faced. the criticism over the past few months and over the past couple years whether it s his handing of the economic situation in the country. his economic policies unorthodox economic policies that are blamed for the country s high inflation, the cost of living crisis, the currency crisis where the turkish lira has lost much of its value over the past couple years. and then you ve got the handling of that devastating earthquake in february. that disastrous initial response by the government and lack of preparedness and so much criticism that president erdogan and his government got. despite that, he is still managing at this point to have the support of pretty much half the country in this very polarized nation, christine. jomana karadsheh, thank you for that. in the middle east, a

Transcripts for CNN CNN This Morning 20240604 10:10:00

state of the economy in his country that is blamed people blame him here because of his unorthodox economic policies for the country s economic and currency crisis. then you also have the handling of the devastating earthquake and the lack of preparedness. people are wondering how that is going to impact him. at this point, it does seem that president erdogan and if this is going to be a runoff on the 28th of may as expected. he s been in power for 20 years. we ll see what the results look like as they continue to count. thank you very much. this overnight. a bus load of migrants were dropped of it owe official home of vice president kamala harris. texas governor greg abbott sent that bus to the naval observatory, something we ve seen before.

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