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BBCNEWS World July 5, 2024



producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interest ....

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BBCNEWS Asia July 5, 2024



the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was imposing export controls on two rare metals essential for making semiconductors. this is seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question will be subject to export control starting august one. in a statement, the chinese ministry of commerce said it was to protect national security interest. china is the largest producer of gallium and ....

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BBCNEWS World July 5, 2024

programme. i m sally bundock. if you have just joined if you havejustjoined us, you are in time for the top business stories. france is on edge, as you know, because as you have been hearing, it has had many, many days of riots, which has been a real problem for president macron, who will be meeting the mayors of 220 municipal areas today that have been affected by the recent violence. riots in france appear to be calming, after five days of violent protests in response to the shooting and the killing of a teenager, nahel m, during a police traffic stop. there are concerns that the spate of violence will have a long term effect on the tourism sectorjust as the summer season begins. french media outlet le point quoted a tourism official as estimating that up to 25% of hotel bookings in paris had already been cancelled. in some regions, financial support has been announced for looted businesses and hospitality venues. joining me now is charlotte de montpellier, senior economist ....

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BBCNEWS Asia Business Report June 4, 2024 01:39:00

Global ngo recorded the loss of health workers between 2016 and 2021 following imf advice to cut spending in the health sector in several african countries. in ghana over 311,000 nurses were retrenched. in liberia, over5000 nurses were retrenched. in liberia, over 5000 nurses were sent home and in zimbabwe the figure was 110,600. in zambia over 15,000 nurses lost their jobs. actionaid says the cut represents a 15% loss in the number of nurses for each country. so can developing countries solely rely on bailouts from the imf and other financial institutions to address economic challenges? there is no substitute. you can run to the there is no substitute. you can run to the imf there is no substitute. you can run to the imf or there is no substitute. you can run to the imf or the there is no substitute. you can run to the imf or the world - run to the imf or the world bank you will still have to come home to raise your revenue ....

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BBCNEWS World Business Report June 4, 2024 04:51:00

Imf advice to cut spending and the health sector in several african countries. in ghana over 311,000 nurses were entrenched, and liberia 5700 nurses were sent home. and subway, the figure was 110,600. in zambia over 15,000 nurses lost theirjobs, actionaid say the cuts represented are a 15% loss in the number of nurses for each country. so, in developing countries sorely rely on bailouts from the imf and other financial institutions to address economic challenges? there is no substitute economic challenges? there is no substitute for economic challenges? there is no substitute for domestic i no substitute for domestic mobilisation, you can run to the imf and the world you will still have to account for to raise your revenue domestically to service your debts. he raise your revenue domestically to service your debts. to service your debts. he adds developing to service your debts. he adds developing countries - to service your debts. he adds developing countries have i to service ....

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