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Transcripts For BBCNEWS Asia 20240705

is these tensions, if they escalate and change into something more meaningful, i think that certainly we will have a huge reaction in the market, but for now i don t really see anything more meaningful coming into the market. ~ . market. we have reached the halfway point market. we have reached the halfway point of market. we have reached the halfway point of 2023. - market. we have reached the halfway point of 2023. how. halfway point of 2023. how would you describe the health of the global economy? that was a really intriguing of the global economy? that was a really intriguing question. - a really intriguing question. throughout this year, central banks and lawmakers have been focused on containing inflation, bringing inflation under control, and a lot of these banks have failed to bring the inflation to the target level, which is still running quite high, so especially in the uk the cost of living crisis is a huge issue, and inflation data last week has already show

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Transcripts for BBCNEWS Asia Business Report 20240604 00:35:00

Have suffered exponentially and the ones that my organisation work with, the lbc s, small island developing states and those in africa who basically have had to weather this storm of the food crisis, the cold war, conflict and also the impact of covid. and then we look at women more than 2 million women left the workforce in the united states alone in 2021 and that has not been able to recover. the rates of sexual violence grows exponentially, domestic violence as well against women, and for young people it has been a very difficult time so when you combine all these factors, it has not been easy, but i do trust that we are able to address these issues in a broader framework to address these issues in a broaderframework and to address these issues in a broader framework and hopefully we will be able to emerge from this stronger and more resilient.

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Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

Which could generate positive spillovers and address some of those confidence issues. so, we are not completely throwing in the towel for a slightly stronger growth than people are expecting but it will not be the that we were used to prior to the the that we were used to prior to th - ., ., to the well, there are four paul-henry to the well, there are four paul-henry nargeolet - i to the well, there are four - paul-henry nargeolet - climate, paul henry nargeolet climate, covid and cost of living. the executive director of the itc made the comments to the bbc and explained why trade and inclusion were the only parts for global growth. for cs. we have the inflation issues coming up. we have massive debt and the social strain that has emerged from this crisis, well, the multiple crises, can t go unattended. the second issue is, which has been overlooked a lot more, is the impact on the most vulnerable. the msmes who

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