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Transcripts For BBCNEWS World Business Report 20240710

Hello and a very warm welcome. Itsjust under a month to go before germany goes to the Polls in the first election for over 15 years in which chancellor Angela Merkel will not be standing. Last night, the leaders of the main parties who hope to succeed her took part in a televised debate. Germany faces huge economic issues not least its recovery from the pandemic so what did we learn about the candidates and their plans . Joining me now is christian schulz, economist at citi. Good to have you with us. Morning. Good to have you with us. Morning good to have you with us. Morninu. ~. ,. , ~ morning. What do you think we learn from morning. What do you think we learn from the morning. What do you think we learn from the debate morning. What do you think we learn from the debate on morning. What do you think we learn from the debate on the i learn from the debate on the economic agendas . In learn from the debate on the economic agendas . Economic agendas . In the debates they economic agend

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Transcripts For BBCNEWS World Business Report 20240710

Lets get down to busIness. We began wIth an uncertaIn pIcture for European TourIsm, the Eus Powerhouse Germany Is takIng a hard lIne stance. From today, travellIng to germany from portugal and russIa wIll mean there are restrIctIons In place wIth mandatory 1a days of quarantIne for Those who do wIsh to travel. Due to the rIsIng cases In both countrIes of covId. Angela merkel and Emanuel MucormycosIs have been crItIcal of countrIes such as spaIn, greece, and portugalfor freely acceptIng vIsItors vaccInated wIth non eu approved chInese and russIan vaccInes. For brItIsh holIdaymakers, the rules are changIng all the tIme dependIng on the country they wIsh to had to. Also, dependIng on what Is decIded by the uk government. Tom jenkIns as ChIef ExecutIve of the European TourIsm assocIatIon. Good mornIng. Very tough tImes for anyone workIng In the TourIsm Sector. For europe, If there Is a Ban On Uk brItIsh travellers across europe, they have to arrIve and quarantIne, what wIll that mean for t

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Transcripts For BBCNEWS World Business Report 20240706

a happier new year: after months of covid chaos, can china s economy pull a rabbit out of the hat? hello there. we start in the swiss ski resort of davos, you know what, stay. stay with me. sometimes, this happens. just to prove it is live. chuckles. we will talk about what keir starmer is talking about. the opposition labour party leader. he has very much been sweet talking the elite, the top bankers at the world economic forum. he has been reassuring the financial elite that labour is pro business and pledging to do more to attract foreign investment into the uk if they win power next year. labour points to un figures, showing the uk s share of world foreign direct investment has declined since the conservatives came into government in 2010 from 8% tojust1.7% the lowest since records began. that s according to the un figures. the bbc s economics editor faisal islam reports. at the world economic forum, some of europe s top bankers and ceos assembled to meet the leader o

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Transcripts For BBCNEWS World Business Report 20240707

disney now has more subscribers than netflix. but higher prices are on the way. we start here in the uk where energy company bosses are due to meet government ministers in the next few hours as calls grow for more action to tackle soaring energy bills. pressure is mounting on the two candidates who hope to become the next prime minister liz truss and rishi sunak, to set out how they would tackle the crisis amid warnings millions could be forced into poverty without more government support. on wednesday, a survey revealed six million uk households are already in debt to their energy suppliers even before billsjump again this winter. in october 2021, the average energy bill in the uk was £1,200 a year. but the war in ukraine has set wholesale gas and electricity prices soaring. average annual bills are currently close to £2000 pounds. now some experts are warning they could jump to more than £3500 pounds in the autumn and more than £4200 pounds in january. our consumer

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