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Transcripts for BBCNEWS Dateline London 20240604 02:37:00

That will be difficult for the democrats who have passed this package to really show that there has been much reduction in prices going up. so the inflation reduction act is not totally a misnomer but over a longer period of time when we see drug prices going down and deficit reduction and money being pulled out of the economy and also a move towards renewable sources of energy that will not then therefore show big price rises in gas and oil. just over a decade ago, basic economic questions were at the heart of the revolutions that became known as the arab spring. i m not certainly suggesting anything similar would happen in europe or the us perhaps, but it s worth reminding people how fundamental things like being able to afford to eat, about feeling that the taxation system was unfair actually destabilise regimes that had existed for decades almost unchallenged. this is an excellent - ....

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Transcripts for BBCNEWS Dateline London 20240604 02:32:00

But not any more. in the united states, presidentjoe biden signed into law the optimistically titled inflation reduction act. would it were that simple. another bad memory from the 1980s, the threat to kill the author sir salman rushdie, came close to being fulfilled. liberals are relieved he survived, but have they helped to fuel intolerance? to discuss all that, in the studio are maria margaronis, a documentary maker who, among other projects, has charted the crises, financial and environmental, which have afflicted greece. henry chu is part of the editorial team at the los angeles times as well as being its london correspondent. abdel bari atwan is a specialist in the politics of the middle east and runs the news website rai al youm. hello to all of you and thrilled to have you in the studio with me once again. let s start with the uk. maria, you have reported on how a nation can be atomised by the extraordinary impact of rising inflation and people s efforts of surviving often beca ....

Law The Optimistically Titled Inflation Reduction Act , Salman Rushdie , United States , Presidentjoe Biden , Maria Margaronis , Documentary Maker Who , Henry Chu , All Of You , Los Angeles Times , News Website , The Middle East , Abdel Bari Atwan , Rai Al Youm ,

Transcripts for BBCNEWS Dateline London 20240604 02:36:00

Who were in better shape and are also they are getting pretty badly hit by this rise in prices. we did not hit the double digits of inflation as you did here and it is going down, but it s not going to go down enough for people to be feeling much relief, certainly within the next few months and also in terms of politics by the time the midterm elections come around in the us. that s really going to be on people s minds when they go into the voting booth. just on that bit of legislation, the inflation reduction act, is there much inflation reduction in this or is it more a good title for an omnibus bill? it is kind of a misleading title because that is not seen as the aim. it was to tackle climate change and other social issues such as drug prices. now i think most or many, i should say, economists have said that there is some built in inflation reduction in it. over the medium to long term in democracies where we are with elections, they come around more quickly than we ever expect, ....

Capping Energy Prices , Law The Optimistically Titled Inflation Reduction Act , United States , Voting Booth , Drug Prices , Omnibus Bill , Climate Change , Inflation Reduction ,

Transcripts for BBCNEWS Dateline London 20240604 01:37:00

For the democrats who have passed this package to really show that there has been much reduction in prices going up. so the inflation reduction act is not totally a misnomer but over a longer period of time when we see drug prices going down and deficit reduction and money being pulled out of the economy and also a move towards renewable sources of energy that will not then therefore show big price rises in gas and oil. just over a decade ago, basic economic questions were at the heart of the revolutions that became known as the arab spring. i m not certainly suggesting anything similar would happen in europe or the us perhaps, but it s worth reminding people how fundamental things like being able to afford to eat, about feeling that the taxation system was unfair actually destabilise regimes that had existed for decades almost unchallenged. ....

Law The Optimistically Titled Inflation Reduction Act , Capping Energy Prices , Drug Prices , United States , Arab Spring , Taxation System ,

Transcripts for BBCNEWS Dateline London 20240604 01:32:00

For the british, it had been a distant memory, but not any more. in the united states, presidentjoe biden signed into law the optimistically titled inflation reduction act. would it were that simple. another bad memory from the 1980s, the threat to kill the author sir salman rushdie, came close to being fulfilled. liberals are relieved he survived, but have they helped to fuel intolerance? to discuss all that, in the studio are maria margaronis, a documentary maker who, among other projects, has charted the crises, financial and environmental, which have afflicted greece. henry chu is part of the editorial team at the los angeles times as well as being its london correspondent. abdel bari atwan is a specialist in the politics of the middle east and runs the news website rai al youm. hello to all of you and thrilled to have in the the studio with me once again. let s start with the uk. maria, you have reported on how a nation can be atomised ....

Law The Optimistically Titled Inflation Reduction Act , Salman Rushdie , United States , Presidentjoe Biden , Maria Margaronis , Documentary Maker Who , Henry Chu , Los Angeles Times , All Of You , News Website , Abdel Bari Atwan , The Middle East , Rai Al Youm ,