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Transcripts For BBCNEWS Asia 20240706



us treasury secretary janet has again sent a letter to congress warning the treasury would be unable to satisfy its obligations as early as 1june. presidentjoe biden will meet top lawmakers including republican house of representatives speaker kevin mccarthy at 3p able a good time on tuesday. of course that meeting was postponed from last friday. samira hussain has more from new york. in less than two weeks the united states could fail to meet its debt obligations. if lawmakers in washington cannot come to some sort of agreement. the republicans have continued to demand cuts to social security before they will agree to raise the borrowing limit. us presidentjoe biden has repeatedly said he would not set conditions that must raise the debt limit his failure to do so would result in an economic catastrophe. some of the possible outcomes of the job losses, those that depend on social security benefits won t get paid, and of course the most dire of outcomes would be the los ....

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Transcripts for BBCNEWS Asia Business Report 20240604 01:40:00

Economic recovery since it stood the pill industry but we ve seen major weakness in the past few months, especially since the and of march, the utilisation rate of industrial capacity has reached the lowest point since 2016, and that means the inventory has been built up in the economic system. it will be a major hardware for the manufacturing industry in china. industry in china. before we io, industry in china. before we no, a industry in china. before we go. a former industry in china. before we go, a former executive - industry in china. before we go, a former executive is i industry in china. before we i go, a former executive is suing bytedance, the company behind tick tock, saying he was fired after criticising the company for having, quote, a culture of lawlessness. he was hired as a company s us engineering had in 2017 and says tiktok was stealing videos published on rival sites like instagram and snapchat and presenting them as its own. he says he sounded the alarm for the ....

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