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Transcripts For BBCNEWS World Business Report 20240707



so let s get down to business. and we begin with president biden s trip to the middle east. when he arrives in israel today he will be the first us president to visit the middle east since 9/11 without american troops engaged in a combat mission there. the white house has said the visit s aims include expanding regional economic and security cooperation . israel s finance minister says its hoped the visit will lead to a common middle east market that includes saudi arabia. with businesses on all sides poised to make the most of the opportunities. well, let s go live tojerusalem and discuss this withjon medved chief executive and founder of our crowd a global equity funding platform for investors. orwarm or warm welcome to the programme. what are your hopes for this visit? i programme. what are your hopes for this visit? for this visit? i think it is incredible for this visit? i think it is incredible that for this visit? i think it is incredible that the - for ....

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Transcripts For BBCNEWS World 20240703

A warm welcome to the programme. We start in the us, where at midnight eastern time tomorrow the Us Government will run out of money to fund itself, unless congress can agree a last minute deal. If the story sounds familiar, well, it is. It would be the 22 time in the last 50 years, that Us Government services have had to be shut down because of a Budget Deadlock in congress. The last time in early 2019 saw a month of widespread disruption to the Worlds Largest economy. Erin delmore reports from new york. The clock is ticking. They will need to agree on a deal to fund the federal government passed september 13. The federal government passed september13. Right the federal government passed september 13. Right now the senate has bipartisan support for a bill but
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Transcripts for BBCNEWS World Business Report 20240604 04:49:00

Bills, so that could be quite helpful incrementally. i think the expectation is that growth will be around busy rail line, flat line, but likely going to be some marginal growth that helps avert that recession. but the risk is still pretty much to the downside and we may potentially see a recession but i think it is not still the basis of case. i think it is not still the basis of case. what do you think about basis of case. what do you think about the basis of case. what do you think about the current - think about the current leadership race that is ongoing, the eight candidates who would like to be the next prime minister, leader of the tory party? many of them are saying we will cut taxes. liz truss says on day one i will cut taxes. your thoughts on who might get thatjob and what that might mean going forward for the uk economy. i that might mean going forward for the uk economy. for the uk economy. i don t think i for the uk economy. i don t think i can for the uk economy. ....

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Transcripts for BBCNEWS World Business Report 20240604 04:46:00

This is bbc news the latest headlines. after months of mass protests against his rule, the president of sri lanka flee5 the country. the first round of voting takes place later in the race to be britain s next prime minister. later today we ll find out how the uk economy fared in may. you may remember in april it unexpectedly shrunk by 0.3%, adding to concerns of an economic slowdown. though disappointing, that fall was driven by a reduction in the covid te5t and trace and vaccination programmes without that impact the economy would have expanded by 0.1%, according to the office for national statistics. janet mui i5 investment ....

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Transcripts for BBCNEWS World Business Report 20240604 04:47:00

Director at brewin dolphin. good morning. we are talking about a 0.1%, 0.2% there. took us about a 0.1%, 0.2% there. took u5 three or outlet for the uk economy. what will the gdp numbers be like today? good morning- numbers be like today? good morning. thank numbers be like today? good morning. thank you - numbers be like today? good morning. thank you for - numbers be like today? good | morning. thank you for having me. today s gdp data is expected to be very dull. it s contracted in april. it s contracted in april. it s contracted in april. it s contracted in march, a5 contracted in april. it s contracted in march, as well, and today it is likely to have and today it is likely to have a bit of growth but generally if you talk about the trend it can actually fall into negative growth territory. we expect uk gdp growth to slow going forward, you can see the weakening from a number of surveys that we are tracking. manufacturing and services sector bu5ine55 surveys have been slowing ....

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