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Transcripts For BBCNEWS The Context 20240706

Which is marking 25 years since the signing of the Good Friday Agreement. The historic peace deal largely ended decades of violence in Northern Ireland. But Prime Minister rishi sunak says efforts must be intensified to restore the Power Sharing government that was central to the deal. It collapsed in the fallout from brexit and now the political dysfunction and security concerns are threatening to overshadow the historic milestone. Rishi sunak willjoin the us president , joe biden, on a visit to Northern Ireland on tuesday to commemorate the Good Friday Agreement. A few minutes ago, the Us National Security council spokesperson, john kirby, told the White House Press corps how much this trip means to President Biden. President biden will head to Ulster University to deliver remarks marking the tremendous progress since the signing of the belfast Good Friday Agreement 25 years ago. And hell underscore the readiness of the United States to preserve those gains and support Northern Irela

Transcripts For BBCNEWS Asia Business Report 20240706

business reporter this morning is katie silver has been looking into the story for is and joins us on the programme. always going to get you on the show. what is your sense of the key things to look out for today? key things to look out for toda ? ,, ~ ., ., ., today? sure. we have heard from the a-rou today? sure. we have heard from the grow) and today? sure. we have heard from the group and the today? sure. we have heard from the group and the key today? sure. we have heard from the group and the key things - the group and the key things are the war in ukraine and then china, particularly when it comes to china is its relationship and how is it how it plays our going forward when it comes to taiwan. the meeting began at the end of last night, a working dinner between the foreign ministers. we also saw the eu s top foreign policy chief, josep borrell, addressed the group by video link. is said basically when it comes to china they have the decision was the relations

Transcripts For BBCNEWS Asia Business Report 20240706

looking into the story and joins me. great to get you on the show. what is on the agenda could it s a three day meeting, as you mentioned in a resort town about two hours from tokyo. it s a meeting about the foreign ministers of the g7 nations. last night, at a dinner, we saw the video link committee eu s top foreign policy official, high representative address the g7 foreign ministries and he said that when it comes to china and its relationship going forward, china needs to decide how it wants to be seen and china needs to decide how it wants to be seen wants to be seen and how it wants to be seen and how it wants to wants to be seen and how it wants to continue wants to be seen and how it wants to continue to - wants to be seen and how it| wants to continue to interact with the international community. he said that china is a partner, a competitor, a strategic rival, and as it navigates going forward, particularly surrounding taiwan, that impact its relationship with

Transcripts For BBCNEWS World Business Report 20240706

surged 10% last year to $150 billlion. they have moved to reduce reliance on the us dollar by setting up payment clearing in the chinese currency, the yuan. former brazilian president dilma rousseff is to be sworn in today as head of the new development bank a rival to the world bank and imf set by by the so called brics countries of brazil, russia, india, china and south africa. let s speak now to william jackson, who is emerging market economist at capital economics. xi has been signalling the post covid reopening of china by hosting a series of world leaders. what can we read into the fact that brazil s leader has been among the first? you are absolutely right. as china moves into its postcode environment it seems to be wanting to spread its international wings. we have seen talks between saudi arabia and iran recently, and now we have cordial words with president lula, hayes and china at the moment. there is a big political angle to this, to find a way to cement relatio

Transcripts For BBCNEWS Asia Business Report 20240706

a far cry from the 9% we saw in june but there are warnings of a possible recession or the pipelines our business reporter katie silva has been looking into the details of the story for us. it is always great to see you on asia business report at the seems like relatively good doesn t it? fit at the seems like relatively good doesn t it? of course. as we mentioned good doesn t it? of course. as i we mentioned a huge drop since lastjune. 5% inflation down from 6%, its well and truly been welcomed in high quarters, president biden saying it gives american families some breathing room in particular pointing to the fact that we ve seen the greatest reduction in the costs of gas as well as food and grocery expenses, things that are very important to american families. but the excitement should be tempered somewhat. up was the us like many major economies pursues an inflation target of 2% so 5% is still a long way off that and if we were to take out those impacts of the fuel and

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