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Togbe Afede Calls For Change In Ghana's Economy Structure

Togbe Afede XIV, Agbogbomefia of Asogli State, has called on the government to reconsider the nation's economic structure in a bid to address rising economic challenges. He said the nation remained stuck in high inflation, and interest rates despite various efforts, and that with the movement of capital controlled by… ....

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Detailed text transcripts for TV channel - CNN - 20100413:18:50:00

The economics change, we ll keep sending his work to china to keep things competitive. just doesn t seem practical on the face of it to be able to send your product to china to be processed and then back to the united states. but if we need to do it ashore, we think the cost is probably 20%, 25% higher. for years while jobs were growing, consumers enjoyed the cheaper import prices without much thought to how they were possible. but with nearly 10% unemployment, the obama administration is now pushing back. against china s currency policies and its industrial policies that favor chinese exports. critics say, at the expense of american jobs. chinese president hu jintao says china won t yield to, quote, external pressure. christine romans, cnn, new york. interesting stuff. well, some real characters stopped by the pentagon today for a strategy session. it involves military kids and a tough topic. ....

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Detailed text transcripts for TV channel - CNN - 20100413:11:30:00

Advantage you gain from manipulating the currency if you don t change. if we went out and slapped 30% tariff on chinese goods because we re going to punish the chinese and if it was passed in full to the person on 28,000 trying to put t-shirts on his kids, it would cause a lot of damage. reporter: would americans be willing to pay more goods for china if et means more jobs stay in america? that is the debate. for now bill orr says unless the economics change, he ll keep sending the work to china to keep things competitive. this doesn t seem practical on the face of it to be able to send your product to china, process and then back to the united states. if we needed to do it, we think the cost is probably 20% higher. for years while jobs were growing in this country, consumers enjoyed the cheaper import prices without much thought to how they were possible. with 10% unemployment, the obama administration is pushing back against china s currency and ....

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