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Transcripts For BBCNEWS Business Today 20240903

The company should remain american owned. the company should remain american owned. I could not auree american owned. I could not agree more american owned. I could not agree more with american owned. I could not agree more with president l agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america s steelworkers. Have the back of america s steelworkers. have the back of america s steelworkers. ,. ,. , steelworkers. The showdown with owerful steelworkers. The showdown with powerful unions steelworkers. The showdown with powerful unions the steelworkers. The showdown with powerful unions the automaker i powerful unions the automaker which employs around 680,000 staff are struggling with passenger car brand. Profits are getting squeezed amid the transition to electric vehicles, and a consumer spending slowdown. A four day conference to attract foreign investment to russia is about to begin in the

Transcripts For BBCNEWS Business Today 20240903

I could not agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america s have the back of america s steelworkers. It is all at risk because of donald it is all at risk because of donald trump with a stroke of a pen he donald trump with a stroke of a pen he could get rid of all of this pen he could get rid of all of this and pen he could get rid of all of this and you think this guy gives this and you think this guy gives a this and you think this guy gives a damn about your pensions? he s not losing an instant pensions? he s not losing an instant of pensions? he s not losing an instant of sleep over it. Do you instant of sleep over it. Do you think instant of sleep over it. Do you think he cares about the work you think he cares about the work you you think he cares about the work you do every day how hard it is? work you do every day how hard it is?. , u,. ,. , it is? you can find out mo

Transcripts for BBCNEWS World Business Report 20240604 04:38:00

looking with very close attention to what happens around china and what role they will play and we ve already seen the south african president announced agreements that will be signed with china, so interesting to see what happens next. so interesting to see what happens next. so interesting to see what ha ens next. ~ , , ., happens next. when it comes to those who happens next. when it comes to those who want happens next. when it comes to those who want to happens next. when it comes to those who want to join, - happens next. when it comes to those who want to join, there i those who want to join, there is a long list including as we ve mentioned saudi arabia, uae, argentina, what is likely to happen as far as that s concerned? will they allow new members? members? this is uncertain at this stage- members? this is uncertain at this stage. what members? this is uncertain at this stage. what we members? this is uncertain at this stage. what we do - members? this is uncer

Transcripts for BBCNEWS World Business Report 20240604 04:37:00

brazil, russia and india? thank ou ve brazil, russia and india? thank you very much brazil, russia and india? thank you very much and brazil, russia and india? thank you very much and certainly - you very much and certainly when we look to the role that china plays in brics, they played quite a crucial role in terms of ensuring its expansion is institutionalisation, but also when we look at comparing the size of the countries in brics china is by far the largest member, considerably larger than any other member. if a other member. if we use that as an anecdote, china is 38 times bigger than south africa when it comes to economic size so certainly they play a very important role, as not to say the chinese have open space for doing whatever they want to. the one thing that we know about brics is brics countries don t always agree with one another in everything and everyone tends to be a space that s very good for minimum, and eliminators, specific areas in which members are intereste

Transcripts for BBCNEWS World Business Report 20240604 04:36:00

top of the agenda will be a possible expansion of the bloc. 0ver a0 countries, including saudi arabia, uae, argentina and iran want to join the group. brics is seen by some as a logical alternative to established western institutions. however, making sure all the existing members, as well the new applicants, have enough common ground to work together may be harder to negotiate. lets go live tojohannesburg now and talk to someone attending this summit. i am joined now by gustavo de carvalho from the south african institute of international affairs. good to have you in the programme. let s talk about xi jinping. we saw he has arrived for the summit. is he really the most important player at this event given how heavily china invests in south africa,

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