Transcripts For BBCNEWS Asia 20240703

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as long as we went to cal state. business, going into the local paper and a summer intern in washington, dc. and i thought he would be lucky to have me and so, i applied. and he turned me down. but you want to know the end of the story, i got elected to the seed and they couldn't get an internship for native that being the 53rd speaker of the house. 0ne for native that being the 53rd speaker of the house. one of the greatest honours. i loved every minute. when then i will tell you is, doing the right thing isn't always easy, but it is necessary. i do not regret standing up for choosing government over grievance and it is my responsibility and it is myjob and i do not regret negotiating and designed to find compromise. i do not regret my efforts to build coalitions and find solutions. i was raised to solve problems, not create them. i may have lost a vote today but as i walk out of the chamber, i feel fortunate to have served the american people. i leave the speakership of the sense of pride and accomplishment and optimism. from the day he entered politics, my mission is always been to make tomorrow better than today. i fight for what i believe in and i believe in this country of america. my goal has not changed in my ability to fight is just in a different form. you need to 18 and unfortunately, 4% of our conference can join and unfortunately, 4% of our conference canjoin all and unfortunately, 4% of our conference can join all the democrats and dictators will be the republican speaker this house. i don't think that will is good for the institution but apparently, i am the only one. i believe i can continue to fight, maybe in a different manner. i will not run for speaker again and i love the conference pick somebody else and i hope you realise that every day i did thejob, regardless of whether you underestimated me or not, i wanted to do it with a smile. i grew to enjoy you, even on your toughest days and your questions and i could always tell which day it was based on your questions. monday, you would ask if i could pass the bill, to stay so that the rule would pass, wednesday was the greatest challenge to my speakership in their statement pass the bill, you didn't think it was a very big deal. and it all started again on friday. you know, iwouldn�*t all started again on friday. you know, i wouldn't change a thing. i do believe i have a new portrait in their of teddy roosevelt and you'll know the man in the arena, one of my favourite parts who comes up short again and again and there is no effort without error and shortcoming who spends himself a worthy cause and is the triumph of high achievement in if fails, at least he fails greatly. i would like to take a risk. saturday, itook greatly. i would like to take a risk. saturday, i took a greatly. i would like to take a risk. saturday, itook a risk for the american public, regardless of what anybody says, no one knew whether that would pass the democrats did not want that bill and yes, they pulled the fire alarm and yes, they did their conga line and they wanted to delay. but it was off to the american people. i cannot look in the eye and said i could not pay them and for those who spoke on them and for those who spoke on the floor, i think them for their positive talks. i don't know what who voted for those in some deal they were part of and those who said would be accomplished, i am and those who said would be accomplished, iam proud and those who said would be accomplished, i am proud of what we accomplished in the bill of rights for the energy bill and if they want to hold me liable because they didn't want to take it up to the present did not want to take it up present did not want to take it up that's politics what i know. but what i do know is that this country is too great for small divisions. forany country is too great for small divisions. for any children listening in the capital, this is the place i want to visit and opening the capital back—up i like taking away the metal detectors and i like communities being able to work computer being able to visit. i hope you like being back. members actually show up to work as well. to paraphrase, i might�*ve been given a bad break, but i truly consider myself the luckiest man on the face of the earth. there is no country could rise to be the 55th speaker, not get an internship, and be able to fight for the american public. it is my greatest honour to be able to do this. i love my conference well, been a part of the leadership team will be one to majorities in his leader, i'm proud of the fact that we only gained races, only gained seats and i'm proud of the a republican leader, we elected more women more women more minorities and expanded the fact that in the five years of the election cycles, we gained five more seats in california and new york we won in places we never thought we could win. the same who underestimated me and said we would lose every time around, we kept gaining. i hope you'll keep our majority in the next cycle as well. i look forward to your positive questions. i will look at that. you have a lot of loyalty within congress in 10,000 saying never give up, why did you make the decision not to put your name there and try to write it out?— write it out? speaking in the first address _ write it out? speaking in the first address after _ write it out? speaking in the first address after he - write it out? speaking in the first address after he was i first address after he was ousted as speaker, it's been extremely continue to track on the bbc belittles a switch focus and get you some story from the world of business and starting with wall street, major us stocks ended sharply lower in data shows job openings are expectedly increasing in august fuelling concerns by the tight labour market ahead of the us monthly jobs report. shares of chinese real estate jumped jobs report. shares of chinese real estatejumped by jobs report. shares of chinese real estate jumped by 28% jobs report. shares of chinese real estatejumped by 28% is trading resumed in hong kong after being halted last week and i should be able to see in and i should be able to see in a bid, the debt leading developers the valuation type make a valuation has fallen by 19%. it is a penny stock to put things in context. but has come to light that they are the worlds most indebted developer with liabilities of $300 billion. but it is not alone and other smaller developers of defaulted on the debts as well leaving unfinished building projects around the country. let's go to stephanie who is the asia—pacific chief investment officer in the international private banking thank you very much for being with us and thank you for your patience. what is been your assessment as the track and the turbulence of the sector that is a key driver for this economy. is a key driver for this economy-— is a key driver for this economy. is a key driver for this econom.�* , , economy. because the property market developments - economy. because the property market developments that - economy. because the property market developments that you | market developments that you highlighted, i think we have to admit — highlighted, i think we have to admit that on a short—term technical_ admit that on a short—term technical basis, it is prudent to stay— technical basis, it is prudent to stay on— technical basis, it is prudent to stay on the sidelines and just— to stay on the sidelines and just observe how the situations evolve — just observe how the situations evolve because where the point where _ evolve because where the point where it's — evolve because where the point where it's been condensed so much — where it's been condensed so much and _ where it's been condensed so much and so negatively impacted you can _ much and so negatively impacted you can see the investment flows — you can see the investment flows out of the chinese investment areas and also impacted very heavily and affected. that is one area that is to— affected. that is one area that is to re—evaluate and you know, there's— is to re—evaluate and you know, there's still_ is to re—evaluate and you know, there's still a lot of volatility even though that some _ volatility even though that some positives that you just mentioned coming out of the hong — mentioned coming out of the hong kong market and so, we re—evaluate the situation and assess — re—evaluate the situation and assess when to go back into the market — assess when to go back into the market. ~ . , ., assess when to go back into the market. ~ ., , ., ., ~ ., market. what you make of the measures _ market. what you make of the measures taken _ market. what you make of the measures taken by _ market. what you make of the measures taken by the - measures taken by the government, have they been sufficient?— government, have they been sufficient? , ., , , sufficient? yes, the measures have been _ sufficient? yes, the measures have been swift _ sufficient? yes, the measures have been swift and _ sufficient? yes, the measures have been swift and decisive l have been swift and decisive and there are a few very important measures, such as resetting _ important measures, such as resetting the down payments 20% for the _ resetting the down payments 20% for the first time and 30% the second — for the first time and 30% the second time and beforehand, they— second time and beforehand, they could've been up to 80% in they could've been up to 80% in the stomach a difference and taking — the stomach a difference and taking down existing mortgage rates _ taking down existing mortgage rates and stuff but i apologise to cut — rates and stuff but i apologise to cut you short but we are completely out of time but thank— completely out of time but thank you very much for your views— thank you very much for your views there and that is it for asia — views there and that is it for asia business report in to stay with— asia business report in to stay with us— asia business report in to stay with us on— asia business report in to stay with us on bbc news. different stores across the uk. born 11 years ago is now an award—winning made by hand using all british produce and sold an recyclable jaws and tested by customers using wooden ship and forks in a plastic spoons with which they decide to bring them for the government official ban. there are complications _ government official ban. there are complications involved - government official ban. there are complications involved in l are complications involved in that and bringing are complications involved in thatand bringing in are complications involved in that and bringing in laws like that and bringing in laws like that do not help. 2.3�* that and bringing in laws like that do not help.— that do not help. 2.7 billion ieces that do not help. 2.7 billion pieces of— that do not help. 2.7 billion pieces of plastic _ that do not help. 2.7 billion pieces of plastic cutlery - that do not help. 2.7 billion j pieces of plastic cutlery like this was used in england last year and millions of plastics were placed in 10% of recycled stop by damaging our planet as it breaks down and from now on, businesses can no longer supply sell or offer certain single—use plastic items. a majority of small businesses to support the route to net zero but the challenges and additional legislation and costs without the awareness campaign. they believe businesses should not be punished. for more stores across the uk, add to the bbc news website —— head to the bbc news website —— head to the bbc news website. the catch up. at cheap strikes called off tik tok, man. launch an ad free subscription and you're right beside a double rainbow. but first, rishi sunak says he won't be forced into a premature decision on the future of a high speed rail line connecting london, the midlands and the north of england. the line to leeds has already been scrapped and now this reports for track from birmingham to manchester will also be cancelled because of rising costs. the line to leeds has already been scrapped and now this reports for track from birmingham to manchester will also be cancelled because of rising costs. but the prime minister insists that no decision has been made yet. i know there's a lot of speculation on this, but what i can say is i'm going to approach this the same way, approach everything thoughtfully, carefully across the detail and making what i believe is the right decision in the long term for our country. some of the stories now. gig security guards illegally obtaining work licenses. after attending sham training courses, the bbc has gone undercover and found people teaching courses, skipping out first aid, giving answers to exams and lying so people could finish sooner than strikes on the tube in london on wednesday and friday have been called off by the rail workers union after significant progress in talks overjobs and conditions. tiktok is testing a new monthly subscription which would get rid of adverts. it's said to be trying out the service in an english speaking market outside the us, but it's not said where. time now to leave you with 10 seconds of weird weather, a double rainbow and the lightning combined during a sunset over great plains in the middle of the united states. what have you? you all caught up. bye for now. have a good night. hello and welcome to sportsday — i'm chetan pathak, coming up on the programme. a five goal thriller at old trafford — on a famous night for galatasaray in the champions league — as manchester united lose again out of the china open — the top seed carlos alcaraz is beaten byjannick sinner — we'll tell you who awaits him in the final and you'll hearfrom the bbc green sport athlete of the year, as australia captain pat cummins tells us how he's trying to tackle crickets carbon footprint. it's one of those things that know it's going to be perfect but we have to do something a little bit different that might make a big difference. welcome along, thank you forjoining us. it's been of night drama in the european champions league. manchester united's return to the competiton continues to be a miserable one — its two defeats in two

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