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Transcripts For BBCNEWS Business Today 20241009

Fanning the flames. What can the government do? we talked again about the issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn this future is around? one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, bad property investments for a very long time but the banks need to have better capital to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects w ....

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241009

The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....

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Transcripts For BBCNEWS Business Today 20241009

A typical temperatures to end the week, will be around 11 or 12 degrees. Over the weekend, temperatures will rise just a little, most of the rain is coming into Western Scotland and northern ireland. Much of england and wales, it should be a dry weekend. Some early mist and but otherwise some sunshine. China slaps new tariffs on brandy from the European Union are two of the worlds biggest Trade Blocs heading for full blown Trade War . More than a dozen Us States say that tiktok is dangerous and addictive for children. Welcome to business today. A row between two of the worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the European Union. It follows last Weeks Decision by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariffs of up to 39 to the chinese ....

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Transcripts For CNN CNN News Central 20241008

Taxes on fourtime no tax on social security, no tax on tips 15 tax on us manufacturers. Now, trump says he would pay for all of this by imposing massive tariffs of cost. Of course, there are massive cost to that as well that Harris Plan calls for a number of things would cross a lot of money, including partially extending those 2017 and Trump Tax cuts that would cost three chilean dollars. Shes also got plans to expand the Child Tax Credit and earned income tax credit, expanding Prek Childcare Ac ece, aca subsidies that paid family medical leave. So the add all this up. This is very, very expensive and get to remember that this comes at a time when the national that is already spiking, write 35 35,000,000,000,000 national debt right now, it has doubled in the last ten years. Queen toppled over the last 20 years. And yet neither Harris Nor Trump really have a plan to tackl ....

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Transcripts For FOXNEWS FOX and Friends Saturday 20241006

[the starspangled banner] [the starspangled banner] [the starspangled banner] [the starspangled banner] [the starspangled banner] [the starspangled banner] good Morning And Welcome to Fox And Friends, saturday, october 5, 2024. I happen to not be in studio with Will And Rachel because as you know, less than three months ago in butler, pennsylvania on July 13th Donald Trump was nearly assassinated and yet Stood Up afterwards immediately and yelled Fight Fight Fight, rallying of the faithful in that moment, he returns today to butler, pennsylvania in a rally in the same spot, looks almost identical from what we can see coming around the Vantage Point and im live here at the front of the line which began forming at 11 00 a. M. Yesterday so in few moments we will talk to folks that braved the chili weather. They are were ready to go to the rally. We had a chance to talk to a lot of the folks that were there, get their feelings about co ....

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