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Transcripts For CNNW CNN 20240703

Everyone. Welcome to cnn this morning. Im amara walker. Im omar jimenez in for victor blackwell. You woke up, youre here. You didnt scare me off. It was intimidating but we made it. We want to start with, look, we have a lot to talk about. Lawmakers getting ready to return to capitol hill. Will they be able to avoid a Government Shutdown . Plus, stranded in the desert. Tens of thousands of people stuck at the burning man festival in the Black Rock Desert after torrential rain in the area. They are being told to shelter in place and conserve food and water. And those scorching hot temperatures just wont let up. How hot its going to get if you are heading outside for labor day and when you could see relief. This week we will talk to an expert about the impact on the opioid crisis. Congress is getting ready to work and hit the ground running. Senators are back in d. C. On tuesday followed by the house the next week. Both chambers are facing a time crunch on a number of key issues. On octo

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Transcripts For BBCNEWS Asia 20240703

Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev

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Transcripts For BBCNEWS Asia 20240703

Picked up at the breakdown, more downbeat picture. So the acceleration really driven by net exports. It tends to a bigger decline it relative to exports. We look at domestically indicates this, private consumption, government spending, investment, all of this indicates it actually to curated so that sick new rules weakening. Signals weakening. Is the slowdown on china likely to reflect on the numbers here . If you look at exports thats contracted in the fact that china accounts for 20 of korean exports that suddenly imposing a track on the overall Export Sector. If you look at Customs Trade Data today, total korean export revenues have only about 12 year to year. But if you isolate exports to china, that has fallen by 25 . So that is the key driver of the Export Sector will be missed. In the months ahead, what are some of the key sets of data that you will be looking out for . We will be watching the High Frequency data so far but we have seen for quarter three so far still suggests it

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Transcripts For BBCNEWS Asia 20240703

South china sea. You like, and tensions in the south china sea. Because of the existin south china sea. Because of the existing complex south china sea. Because of the existing complex dynamics south china sea. Because of the existing complex dynamics that| existing complex dynamics that we are talking about, how difficult does it make for these countries when they have to, in a way, walk the tight rope and really pick sides between the us and china when theyre trying to move ahead and forge a relationship . Thats a very delicate issue. I mean, the asean group is trying to really remain neutral as much as they can, and they also need, in a sense, both g2 we call them the us and china to assist them in many ways, including in trade, economic activities, foreign direct investment. So theyre trying to basically pick up the best of these two in terms of trade, foreign direct investment, but theyre mindful of regional as well as global geopolitics which are influencing the way in which the

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Transcripts For BBCNEWS BBC 20240703

Device and they have also experienced side effects like headaches and feeling sick sometimes, rashes and horrible etching that really affected their daily life. Lawyers for the women in this group in the uk state the implant is caused terrible pain and suffering. Most eventually had to get hysterectomies to get the implant removed and some experience pain for years. The German Company behind the device as it stands by its safety. It will vigorously defend itself in the uk courts, it says, and it is also carried out many trials and a lot of independent research before the device was approved, but it is facing legal action in many different countries. Thank you. We do have more on that story on the bbc news website. We do have more on that story on the bbc news website. The schools minister nick gibb has defended the government after criticism of its approach to carrying out Essential Maintenance on School Buildings in england. More than 100 schools will remain fully or partially closed

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