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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240924

To the us economy. Another sector expecting a boost aS Property, with Reports Majorfund managers in the uk are looking to buy the dip in us commercial property, anticipating a recovery. Ifjoining me now is Clayton Triick from Angel Oak Capital advisors. Are you surprised to hear Uk Investors are looking to jump into americas beleaguered commercial Property Market . We are not at commercial Property Market . Are not at all. We have seen recent reports and in the last 12 months it has been very good market be stepping into, us commercial properties. Its the kind dotted at the Monetary Policy has continued to be very tight and there has been a headwind for that sector. In the last 2a months that cut of 50 basiS Points could turn men into a tailwind looking forward so we are not surprised investors are looking to take advantage of that. You investors are looking to take advantage of that. Investors are looking to take advantage of that. You have got the Markets Advantage of that. You have

Transcripts For BBCNEWS Business Today 20240923

Pledge to address corruption and reduce economic burden on true lancome. And that resonated with citizens who have been burdened with high living costs and rising poverty, even at a time when the economy overall seem to have stabilised. Now, anura kumara dissanayake promise to cut income taxes and slashes tells taxes on food and medicine, his also promised to renegotiate terms of the imf programme to make it easier for sri lankan. But experts say that he can manage to realistically deliver and fund the populous promises, while balancing sri lankan s. The foreign reserve is at $6 billion that can last forjust three months. Imf bailout line that forced his territory in order to boost government revenues is also halfway through and a deal to restructure the huge foreign debt by still not finalised. Stabilising the economy and manoeuvring lenders especially bilateral partners india and china will be one of the first test. This party so far has had a no experience in running a government, e

Transcripts For BBCNEWS Business Today 20240923

Place. I want to get your thoughts on what the President Elect and first priorities will be, especially regarding the priority economy. He talks about a new and Progressive Schleicher in his manifesto, which emphasizes production, good policies, which means promoted agriculture and many factory. I think his first actions will be talking to the International Monetary Fund where they say they work within that framework, would also try to negotiate some of the harsh austerity measures, and there would be a lot of emphasis on Transit Route out the corruption that has plagued Sri Lanka for so long. Are corruption that has plagued Sri Lanka for so long. Lanka for so long. Are those two Issues Lanka for so long. Are those two issues about lanka for so long. Are those two issues about speaking i lanka for so long. Are those | two issues about speaking to the imf and addressing corruption in the country, are the links i all given the history that Sri Lanka has had in the past . History that Sri

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