i ll be getting the lowdown on revenge spending with this top team steve odlan of the us conference board, tian lu from the economist intelligence unit in china, and gary barrowman, the man who literally wrote the book about the chinese tourist. and now people have got places to go, are they going to bejewel themselves to go there? wherever you rejoining me from around the world, i ll be finding out from the boss of pandora, the biggest jewellery brand in the world. wherever you rejoining me from around the world, once again a big hello and a warm welcome to the show. china was the first country to lock people down due to covid, and now it s one of the last to ease restrictions. following anti lockdown protests late last year, president she finally ended his zero covid policy, opening up cities and travel once more. that reopening was underlined in the last few weeks by president xi welcoming european leaders, including france s president emanuel macron, to the country, and
of the city. france s president, emmanuel macron, signs into law his government s controversial pension reforms despite months of protests. scientists say the remains of ancient viruses which have spent millions of years hiding inside human dna help the body fight cancer. nurses in england will escalate their strike action in the coming weeks after turning down the government s latest pay offer. hello and welcome to talking business, with me, tadhg enright. let s have a look at what s on the show. can revenge spending save the world economy? after more than three years, lockdown is finally over for more than a billion people in china. they ve had time to stash trillions of dollars worth of savings. are they about to spend it travelling the world? and what s that going to mean for the rest of us? i ll be getting the lowdown on revenge spending with this top team steve odlan of the us conference board, tian lu from the economist intelligence unit in china, and gary barrowman
11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic bank plunged, as investors worry that it could be the next to fail. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. and that has been putting a ton of pressure on smaller regional banks. now, depositors at first republic have withdrawn billions of dollars. the regional banks share prices has been cut in half. now, the biggest of the american banks have stepped in, led by the likes ofjp morgan and citigroup. 11 companies have agreed to make $30 billion of uninsured deposits in first republic. now, they have done this in the hope it will be enough to shore up confidence and notjust in first republic, but in the entire banking system. the troubles of those american lenders have fuelled concerns about the value of bonds held by banks, as rising in
plans forjune and july. if anyone is worried now, what plans forjune and july. if anyone is worried now, what are - plans forjune and july. if anyone is worried now, what are the - plans forjune and july. if anyone l is worried now, what are the rules about how long you have to go on your passport expiry before you are allowed to travel? allowed to travel? these have changed. allowed to travel? these have changed. of allowed to travel? these have changed, of course, allowed to travel? these have changed, of course, very - allowed to travel? these have | changed, of course, very much allowed to travel? these have - changed, of course, very much around the brexit period and in recent months. really, you need to make sure that you have at least six months on your passport. it differs depending on the country you re going to, and also your age, the age of the passport holder. to be on the safe side, you should always make sure you have got at least six months left on your