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Transcripts For BBCNEWS The Briefing 20240714

Based in canada at the time, and it is interesting, because prior to him taking thejob is interesting, because prior to him taking the job as governor of the bank of england the referendum hadnt happened. Brexit, the whole thing, he has had quite a job. You might need a sabbatical before going into the imf after all that yes, and what his family wants to do comes into it as well. George osborne is currently editor of the evening standard, which is a london daily evening paper, a free paper, and the indication was that he perhaps wanted to get back into politics under the new leadership of the conservative government. So it is interesting. Many speculating that he would be looking for a new job ina that he would be looking for a new job in a cabinet. Yes, and as you say, it is a local uk newspaper, and he is an advisor to blacklock, but he is an advisor to blacklock, but he has been out of the political view. The tory party has a lot of problems, many people thinking if there were a gen

Transcripts For BBCNEWS Business Briefing 20240714

We start in the us, where President Trump has raised the prospect of a global currency war just days after he agreed a truce in the trade battle with china. Hes taken to twitter to call for the us to force down the value of the dollar to better compete with china and europe a move that could have huge implications for economies around the world. In the tweet he accuses china and europe of playing a big currency manipulation game and pumping money into their system in order to compete with usa. And he says the us should match, or continue being the dummies who sit back and politely watch as other countries continue to play their games as they have for many years the comments came as official figures revealed the us trade deficit the shortfall between what america imports and what it exports has soared. Cutting or eliminating that deficit is of course a key aim for President Trump in his trade policies. But in may it hit a five month high of 55. 5 billion and that was up more than 8 on t

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