Thats where we begin this morning. How confident are you about the state of the u. S. Economy . What steps are you taking to prepare for the potential impact if the u. S. Goes off the fiscal cliff . Give us a call this morning. You can also catch up with us on all your favorite social media sites, twitter or facebook. Or email us. Thismorning to you on wednesday, november 21. We are talking about Federal Reserve chairman Ben Bernankes comments yesterday about the fiscal cliff, and getting your thoughts on bthe u. S. Economy. And this headline also, in the Financial Times to tell little bit more about Ben Bernankes , and sister day we turn to david clarke of politico, their Financial Services editor. Thanks for joining us. Guest thanks for having me. Host what is making the most waves from his speech . Guest in the past he has warned that congress and the president s path to take care of the fiscal cliff. Yesterday he said it is not simply doing it but how they do it, making a point tha
The search is affecting daily life. Japan says with a 150 post offices across the nation were closed on wednesday. Workers are infected or designated as close contact. Some people only learned this post office was closed when they got there. Its inconvenient but it cant be helped under such circumstances. The World Health Organization says japan needs to leads to the planet right now. Tensions between the u. S. And china for the focus now is on whether a summit between the countries will go ahead. Beijing has expressed strong displeasure over recent u. S. Post regarding taiwan. White house says President Joe Biden will deliver a clear message to chinese president. He will reaffirm. There is no change to americas commitme tohe one china policy. A spokesperson said washington continues not wanting to see issues or tensions resolved unilaterally and certainly not by force. The u. S. Does not maintain official diplomatic relations with taiwan under its policy but does provide taiwan with t
Will be a vote for a use of force. And i hope that colleagues who feel as i do, that iran at all costs cannot have the ware with all to achieve nuke nuclear weapons. Well be in a position to support the use of force. Either we have sanctions vigorously pursued hopefully with the goal we collectively want, or the only one other option after that. Assuming it doesnt yield the diplomacy we want. Thats the challenges we face. Mr. Chairman, first of all, thank you for the words. Again, i come back to the fact that i think we should take out of this description of what is happening there the word success and effective. Because as you pointed out, they havent even been effective or successful in getting them to put their Nuclear Program on hold. Indeed, they are expanding it as you eloquently described in your Opening Statement. So i think by using in front of a Committee Like this, Foreign Relations committee of the United States senate for the administration to come here and say, well, you
Osborne may have reason to gloat. And chinas Financial Institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello. A warm welcome to the program. The government has just unveiled an 18. 6 trillion yen stimulus package which includes 5. 5 trillion yen in fresh spending measures. This is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8 to 5 . It follows the unveiling of a 10. 3 trillion package back in january. A number of measures will be expected as far as this package is concerned. Particularly for those on the lower income as well. We will get those measures as soon as they are announced in detail. Also coming up on todays show, hopes fade at wto talks as food sebsydys remain the Sticking Point. Well be in bali to get the latest on the push for a trade deal. No
Refused to spell out what you do in the future and expect people to give you a blank check. You can sit and wait for the british people to come back to you, but dont hold your breath. [applause] if there is one area all of the parties need to put politics aside, it is europe. Britains place in it. The conservatives have this bizarre view that we can turn our back on europe and still lead in the world. As if we will be taken seriously by the american, chinese, indian, all the big superpowers of the modern world when we are isolated and irrelevant in our own backyard. The truth is, we stand tall in washington, in beijing, in delhi, in brussels, paris, berlin. I know it. I have worked there. I have seen with my own eyes what can be achieved for britain by engaging with our neighbors and building the Worlds Largest borderless Single Market a which millions of jobs in our country now depend. Of course the European Union needs reform. No one is saying it doesnt. We cannot allow the contorted