the russian prison was called a criminal, returning to the crime scene. it was the first time mr burton had been to newly occupied ukrainian territory. now my bbc news, talking business. let s take a look at what is on the show. spy balloons, tiktok and taiwan. trouble is never far away from the us china relationship so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that s despite us china trade hitting a record high last year and with the president s increasing his power this expert tells us what this means for economic ambitions. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of t
so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that s despite us china trade hitting a record high last year and with the president s increasing his power this expert tells us what this means. when will the rivalry have the consequences for the rest of us? we ll hear from the former head of the monetary fund s china division. the man behind brands such as intercontinental, holiday inn and crown plaza tells us by a big expansion is not stopping him sleeping despite the delicate state of the global economy. welcome to talking business weekly. the us and china are the world s two biggest economies and for decades they have helped
wrong because if putin i m sorry, if president xi successfully invades taiwan that would have a huge impact on the global economy, whether it s on semiconductors, closing off shipping routes. it would have a massive impact and what it would show is it would show that china and its authoritarian allies are on the march and that s what we cannot allow to happen. neil: all right, former and brief british prime minister liz truss saying she s concerned about a comment made by emmanuel macron is a u.s. fixation. and the leaks keep coming out how china, taiwan, and china and russia, and all of these things are sort of joined at the intelligence hip and the revelations that we ve heard. and alexandria hoff is looking at what we re continuing to get. the young man accused in all of this, he may have been accessing classified intelligence networks right down to the wire how close they were to finding the breach. jack teixeira was searching leak on the government issued computer one
meetings with a washington this week. it also downgraded its global growth this year and deciding weaker than some academies for the pages been looking to this for the great to see you on this show. what have we heard to see you on this show. what have we heard from to see you on this show. what have we heard from the - to see you on this show. what have we heard from the irs i to see you on this show. “grief have we heard from the irs goes back they said their apparel is buying abilities that is for economic growth. it said it could lead to economic crisis as a result their calling on central banks around the world to keep tight monetary policy and that means you maintain high interest rates they say they ve actually given their they“ve actually given their forecast for the year and next. they loaded by about one tenth of a percentage point so about 2.8% global growth this year, 3% next year. that is determined on a number of factors and they say if things go sour or
ceiling. a familiar topic, but the circumstances this time are quite different. on friday, janet yellin announced that the united states will hit its debt limit this coming thursday. the debt limit is the maximum amount, according to law, that the federal government can borrow to pay for its obligations, to pay for things start to spend money on. that includes, all of the really important functions of government, everything from air traffic control to medicare and social security payments, congress decides what that limit is. so, secretary yellen wrote to house speaker kevin mccarthy, warning him that it is, quote, critical that congress act in a timely manner, to increase or suspend the debt limit, and quote. she wanted to explain that, quote, filler to meet the governments obligations would cause irreparable harm to the u.s. economy, the livelihoods of all americans, and global financial stability. all of that is true. to be clear, the united states government to fight fal