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Transcripts For BBCNEWS World Business Report 20240707

so let s get down to business. and we begin with president biden s trip to the middle east. when he arrives in israel today he will be the first us president to visit the middle east since 9/11 without american troops engaged in a combat mission there. the white house has said the visit s aims include expanding regional economic and security cooperation . israel s finance minister says its hoped the visit will lead to a common middle east market that includes saudi arabia. with businesses on all sides poised to make the most of the opportunities. well, let s go live tojerusalem and discuss this withjon medved chief executive and founder of our crowd a global equity funding platform for investors. orwarm or warm welcome to the programme. what are your hopes for this visit? i programme. what are your hopes for this visit? for this visit? i think it is incredible for this visit? i think it is incredible that for this visit? i think it is incredible that the - for this

Transcripts for BBCNEWS World Business Report 20240604 04:43:00

because at this point in time it is not clear who takes up the next roll. according to the constitution the current serving prime minister becomes the president when the post is vacant but there are also proce55 against the prime minister proce55 against the prime mini5terfor him to proce55 against the prime minister for him to leave his seat, so if that happens there is a political vacuum in the country. opposition parties are huddling together to form a majority which would be proven in the next few days and that leaves the country and its economic revival plan also installed as of now because until there is political stability in the country the economic revival programmes and the conversations with the international lending agencies likely imf not go ahead. but despite all the major political developments, the current situation on the ground as far as lack of e55entials i5 as lack of e55entials is concerned, it will continue for

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