From a 14 billion purchase of us steel. A deal has been agreed, but its united these two, President Biden and his predecessor, president trump. Donald trump has said he will block the deal if he is reelected later this year and President Biden last month noted it has been an iconic American Steel company for more than it century. And he said its vital for it to remain in American Steel company that is domestically owned and operated. In common with many countries, the white house sees steel as critical to international security. Their concerns about jobs in a company which employs 22,000 people, 1a,000 in the us alone and the Iconic Status Cannot be overstated. At one time, us steel was both the biggest steel maker and the worlds first billion dollar corporation. Nippon argues that the companys deep. It is seeking to grow in the united states. They have promised to move the company to pittsburgh where you are still is. But these arguments may not hold much water. And the bank ofjapan h
Two, President Biden and his predecessor, president trump, donald trump has said he will block the deal if he is reelected later this year and President Biden last month noted it has been an iconic American Steel company for more thanit American Steel company for more than it century. And he said its vital for her to remain than it century. And he said its vitalfor her to remain in American Steel company that is domestically owned and operated. In common with many countries, the white house he steel is critical to international security. Their concerns about Jobs International security. Their concerns aboutjobs in a company which employs 22,000 people, 14,000 in the us alone and the Iconic Status Cannot be overstated. At one time, ust was both the biggest steel maker and the worlds first billion dollar corporation. His argument is that his companys deep roots in the United States be recognised. The Japanese Firm has about 4000 employees there. It also had about 2000 steel patents in No
With the main Opposition Chp well ahead of the the president s ak party in many big urban centres. The opposition s leading figure istanbuls current mayor, Ekrem Imamoglu has declared victory after securing just over 50 of the vote. This is significant because hes viewed as the best placed opposition candidate for the presidency in 2028. Onur erem is from the bbc turkish service, and he gave us the latest. More than 80 of the votes have been counted, and the opposition is still leading in most of the cities, and especially the biggest cities. Theyve won six of the seven largest cities in turkey and for the first time in the last 2a years, theyve managed to win more municipalities than the government party, the akp. So what does this mean for president erdogan and his ak party . He was speaking half an hourago, and he said, the waters have warned us, and we will listen to this warning. He said, this isnt the result we were expecting, but he added, this is not an end for our party, but a
to the deflationary spiral however now because there s a strong trend of wage increases, finance minister shunichi suzuki says it s over. joining me now is seijiro takeshita, who s a professor at the university of shizuoka. thank you for being with us today. talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. it is today s declaration calls for celebration? yes, i would think so. concerning the fact that for two decades, we haven t seen any wage rise. where the only country to do that. there are a lot of recurring profits, bits nine redeeming to their employees. this is, in that sense, a remarkable change. in most of the estimates, there were around 4%, but now it s been reported to be around 5.2, exceeding expectations. fist been reported to be around 5.2, exceeding expectations.- been reported to be
giant us steel have fallen sharply, after president biden weighed in to oppose a near $15 billion takeover of the firm by a japanese company. us steel is based in pittsburgh, pennsylvania a key battleground in this year s election. the takeover deal, agreed in december, has caused major controversy there. but any move to block it could raise tensions with japan a vital ally for the us as it tries to counter the growing power of china. from new york, erin delmore reports. president biden is taking a stand against a deal in the making. us steel, an american company, is set to be bought by nippon steel, a japanese company. but president biden says that us steel should stay in the us. l115 says that us steel should stay in the us- in the us. us steel - the stronger in the us. us steel - the stronger america - in the us. us steel - the stronger america is - in the us. us steel - the| stronger america is made in the us. us steel - the - stronger america is made here. the pr