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Transcripts For BBCNEWS Asia 20240706

for older americans receiving food aid and it suspends the debt ceiling on two january 2025, after the next presidential elections. there are few lawmakers that likely final package but the economic consequences of not raising the debt limit could be catastrophic. not everyone is happy with this bill, but most members, as we are seeing so far, looks like they might get this over the line and approve the house debated bill. we will see that in just a short while, and they are trying to desperately sell the benefits of this bill as they try to get it over the line. it over the line. today the house is it over the line. today the house is taking it over the line. today the house is taking historic i it over the line. today the i house is taking historic steps to address our nation s out of control debt. this house republican win rescind is $28 billion in unallocated covid funds, it cuts to trillion dollars in government spending, it rains in the executive branch and rejects

Transcripts for BBCNEWS Asia Business Report 20240604 23:38:00

months of 2023, that is compared to the previous year. latest data shows the south asian country remains one of the world s fastest growing emerging economies especially with china s economy stumbling. the clearest sign that the economic activity has picked up and what has driven this growth is robust demand in the services sector. retail demand drove up as well as travel and transport, plus growth in manufacturing after the sector saw contraction for three straight quarters. but the concern is the uneven nature of this economic growth, so why domestic consumption has risen. data shows only the urban and richer driving consumption. premium brands have gained but affordable entry for handset sales have slowed. similar with cars, as spending weaknesses

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