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Transcripts For BBCNEWS Asia Business Report 20240706

inflation and high interest rates, and banking instability have contributed to this year s gloomy economic forecast stock but it is a global recession is not likely stop business reporter katie silver has been looking into this story for us and joins me now on the programme with the details. great to get you on the show. talk through what you have seen today. 50 talk through what you have seen toda . ~ ., , talk through what you have seen toda . ~ .,, , today. so the imf has seen it has been today. so the imf has seen it has been a today. so the imf has seen it has been a perilous - today. so the imf has seen it i has been a perilous combination of vulnerabilities and they are calling on central banks around the world to keep monetary policy tight and that means high interest rates in order to stave off dental economic crisis or a decrease in economic growth. so the fund has revised their forecast for this year and next, lowering both from what was predicted in january by

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Transcripts For BBCNEWS Asia 20240703

Well have more on this developing story right here on bbc news. Images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. The campus is in Upper Manhattan which has been a focal point of Student Protests that have spread to dozens of universities and schools across the us, expressing opposition to israels war in gaza. Police are, quote, clearing it out, as they marched to the barricaded entrance to the building and Police Action comes hours after new york mayor eric adams and the nypd held a joint Press Conference where they blamed professional outside agitators escalating the situation and said that it was in Public Safety issue, that was what they said. Lets move on and will bring the story later on our programmes here on bbc news. Back to business news. Binance founder Changpeng Zhao was sentenced to four months in prison after p

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Transcripts For BBCNEWS Asia 20240703

And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne

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Groundwork laid for the dual transition

Groundwork laid for the dual transition
vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.

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India hot investment destination for Western corporate giants: UN

India has become an alternative investment destination for many Western companies, according to the latest World Economic Situation and Prospects report of the UN.

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