deal this is? why would biden say what a good deal is before a vote? you think that ll help you get past? no. a vote? you think that ll help you get past? no. katrina els told me earlier you get past? no. katrina els told me earlier that you get past? no. katrina els told me earlier that investorsi told me earlier that investors around the world are welcoming the news. 50 around the world are welcoming the news. ~ around the world are welcoming the news. ~ , the news. so i think we ve seen a collective the news. so i think we ve seen a collective sigh the news. so i think we ve seen a collective sigh of the news. so i think we ve seen a collective sigh of relief- a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more collaborative situation of a us default which would have been absolutely awful for the us economy, but also for really increasing a
i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only impact the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i
i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only affect the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i
why would biden say what a good deal it is before the vote? to think that help it pass? no. so what might this mean for markets here in asia? it s a question i put to fidelity s catherine yeung. how have markets respond to this? they petted data say it. figs how have markets respond to this? they petted data say it. $5 a how have markets respond to this? they petted data say it. they petted data say it. as a result of this tentative they petted data say it. as a result of this tentative deal they petted data say it. as a result of this tentative deal breaking, - they petted data say it. as a result of this tentative deal breaking, it l of this tentative deal breaking, it cements the fact that we are avoiding that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for increasing and ramping up those global recession risks, as well. but that looks like it s off the table, thank goodness. but that looks like it s o
implications of a deal not being able to be passed, the stakes are just too high at this point, and it looks like global markets as well are expecting that the deal will pass before the earlyjune deadline. rolls royce and british aerospace systems have been accused of corruption by authorities in india who are investigating the sale of military aircraft to the indian government. rolls royce says the company is continuing to assist the indian authorities. the bbc s india business correspondent reports. the charges relate to the aircraft procurement and manufacturing deals agreed from 2003 05 and executed until 2012. india s investigative agency says jet manufacturers paid commissions to middlemen in violation of indian defence contract rules.