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Transcripts For BBCNEWS Business Today 20240924

Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot of pressure on Rachel Reeves to change the music, to be more optimistic, what do you think . I think she will struggle to change the mood music. We are in a difficult position, the economy has been flatlining for the last coupl

Transcripts For CNN Fareed Zakaria GPS 20240923

Direct redefining and terence, im Pete Muntean at Reagan National Airport this is cnn this is gps, the global public square. Welcome to all of you in the United States and Around The World. Im Fareed Zakaria coming to you from new York Today on the Program Graham the contrast between the two visions of our future could not be more stark and different. Hillary clinton, the former First Lady former senator former Secretary Of State, who of course ran for the american presidency against Donald Trump in 2016 we discussed the Middle East much more the united the nations this week with Secretary General Antonio Guterres i asked him about the war in the Middle East, which will be a year old in two weeks the war in ukraine, which will mark three years in early 2025. And why the United Nations doesnt seem to have much influence to bring about peace but first, heres my take in the clamor of the campaign season. Were missing what should be a Landmark Event the United States has managed to bring I

Transcripts For BBCNEWS Business Today 20240921

Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get

Transcripts For BBCNEWS Business Today 20240913

That s always say, hey, if you don t vote for this contract and you, we re taking the airplane out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? some very unhappy workers there. We are expecting results in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security. The latest dispute is centred around workers discontent with the tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that in

Transcripts For BBCNEWS Business Today 20240913

Out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? we are expecting results in the next few hours. in the next hour. We re expecting the results of that vote in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years and have been bargaining for months for higher pay, better benefits and job security. The latest dispute is centred around workers discontent over a tentative agreement reached over the weekend. The international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25% pay rise over the next four y

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