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Transcripts For BBCNEWS World Business Report 20240707

the french president, emmanuel macron, has suffered a serious setback after losing his majority in parliament. his party, ensemble, is still the biggest in the national assembly, but it lost around 100 seats in yesterday s elections. there were big gains for marine le pen s far right party, and a new left wing alliance, led by the hard left leader, jean luc melenchon. this means issues such as macron s plans to raise the retirement age and changes to low income support could face more obstacles. joining me now is tomasz michalski, economics professor, at the business school, hec paris. professor, welcome. where does this result leave macron s mandate to govern the world s sixth largest economy? the first thing is the question is whether the party of macron will be able to make a coalition with the right wing party, that support them on the issue you just mentioned, raising the retirement age and various other reforms. if such a coalition cannot be, whether implicit or explici

Transcripts for BBCNEWS World Business Report 20240604 04:41:00

reports from miami, florida. welcome to miami, water, sun and a legendary race, but opulence belies the housing crisis of. it has the worst income inequality rates in the country and has become the least affordable city for housing even if you have the means to buy a home the process of getting this woman lives in a $1.3 million home with. an ideal candidate for a loan but for months banks has been blocking her application. i blocking her application. 1 have friends who are blocking her application. i have friends who are white, i

Transcripts for BBCNEWS World Business Report 20240604 04:42:00

have friends who are white, i have friends who are white, i have friends who are black, know what my black friends have gone through getting loans, the white loans can t really afford them and how quickly they get them and how quickly they get them with no problem. loath? them and how quickly they get them with no problem. why do ou think them with no problem. why do you think you them with no problem. why do you think you are them with no problem. why do you think you are treated - them with no problem. why do you think you are treated this i you think you are treated this way? you think you are treated this wa ? . . , you think you are treated this wa ? , ., , you think you are treated this wa? , ., way? because of my colour. i m a african-american way? because of my colour. i m a african-american woman. - way? because of my colour. i m a african-american woman. forj a african-american woman. for her racism a african-american woman. for her racism is a african-america

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