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Transcripts For BBCNEWS Asia 20240706

here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to approve that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go to try and work it out. but th

Presidentjoe bidenDebt ceiling stalemateCo workingAsia business reportThe future for weworkKarishma vaswaniJanet yellenDebt ceilingBusiness leadersGlobal economiesEmergency talksSamira hussainDebt ceiling crisisBorrowing ceilingSocial security spendingNo strings attached

Transcripts For BBCNEWS Asia 20240706

so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go to tr

Presidentjoe bidenDebt ceiling stalemateCo workingAsia business reportKarishma vaswaniJanet yellenDebt ceilingBusiness leadersGlobal economiesEmergency talksSamira hussainDebt ceiling crisisBorrowing ceilingSocial security spendingPolitical partiesWhite house

Transcripts For BBCNEWS Business 20240702

Than expected last month. Our economics editor faisal islam has been to rustington, in east sussex, to find out if people are feeling any better about their finances. On about their finances. The on about theirfinances. The high on about their finances. The high street, on about theirfinances. The high street, shoppers can on the high street, shoppers can feel inflation is coming but the feelgood factor the Prime Minister will depend on in a general election remains elusive. ,. ,. , in a general election remains elusive. ,. ,. Elusive. Some products are auoin elusive. Some products are going up. Elusive. Some products are going up. Some elusive. Some products are going up, some products. Elusive. Some products are l going up, some products are plateauing. It isjust going up, some products are plateauing. It is just not a good time for everybody. I good time for everybody. I think things are still going up ust think things are still going up just slightly less faster. Gas and electricit

What londonMining mega mergerBusiness todayRabobank inflationRishi sunakShock announcementMark lobelJuly 4thOpinion pollsConservative partyInterest ratesBorrowing costsEast sussexFaisal islamPrime ministerHigh street

World-Beating REIT s Rally May Extend on AI Data Center Demand

World-Beating REIT s Rally May Extend on AI Data Center Demand
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Guzman y Gomez is listing on the ASX Here s what it means for the Mexican-inspired fast-food chain

After opening its first restaurant in 2006, Guzman y Gomez is now weeks away from becoming a publicly listed company. Here's what it means for the Mexican-inspired fast-food franchise that wants to become as big as McDonald's.

New yorkUnited statesNew south walesDaniel irvineEmilia terzonJohn gunnDavid bassaneseRobert hazanGuzmany gomezSteven marksAustralian securities exchangeBei liuTribeca investment partnersGomez mexicanJun bei liu