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i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they wa ....
the australian prime minister, and the us president. the three countries are expected to agree to provide australia with nuclear powered submarines. now on bbc news, talking business. welcome to talking business. take a look at what is on the show. rates are rising around the world so why aren t more savers getting a better deal from the banks? bumper profits are expected from the biggest financial institutions this year as they charge more to borrow but those with savings have not been the same consistent increase in with what they get paid with putting money in the bank. so why not? i would discuss this with these three, we have the new york federal reserve, the banker magazine and the university of couege magazine and the university of college london, who thinks that central banks should consider more radical steps to get banks to pass on better deals for savers. plus what is behind the trend of tomorrow, my interview with a global ceo with one of the biggest tram an ....
added to the venue for hollywood s biggest awards. the field of best picture contenders features many of last year s biggest box office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. let s take a look at what s on the show. rates are rising around the world, so why aren t more savers getting a better deal from their banks? bumper profits are expected from the world s biggest financial institutions this year, as they charge more to borrow. but those with savings haven t seen the same consistent increase in what they get paid for putting money in the bank. so, why not? i m going to be discussing it with these three, there they are matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederick maller from university college london, who thinks central banks should consider more radical steps to get the banks to p ....
Henri, i want to bring in the united states because we had another train derailment recently in fact, according to the numbers, there s more than 1,000 derailments every year in that country. what s gone wrong with america s train system and that infrastructure needed? because i m just wondering, is it simply a lack of investment over the years? 0r i m wondering if it s also just a lack of love for train travel, certainly compared to our european friends? there is a huge investment plan in the us, as you know, and we have the infrastructure and job act which, of course, aims at upgrading, significantly, all the infrastructure in the us. there was, in the past, as well, a lot of investment on what they call ptc, which is a signalling system in the us to ensure the safety of the trains. so maybe, the us would be seen as lagging behind in the past in terms of infrastructure but i think a lot of money is being invested to catch up, both in terms of freight and in terms of mainline. and ....
Because i m just wondering, is it simply a lack of investment over the years? or i m wondering if it s also just a lack of love for train travel, certainly compared to our european friends? there is a huge investment plan in the us, as you know, and we have the infrastructure and job act which, of course, aims at upgrading, significantly, all the infrastructure in the us. there was, in the past, as well, a lot of investment on what they call ptc, which is a signalling system in the us to ensure the safety of the trains. so maybe, the us would be seen as lagging behind in the past in terms of infrastructure but i think a lot of money is being invested to catch up, both in terms of freight and in terms of mainline. and also, i have to say, in terms of urban urban systems, as well. so, yes, there is a need of investment, but this need is very well recognised by the current administration, which is investing a lot in infrastructure. now, you say you say they re all heading ....