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BBCNEWS Asia Business Report July 6, 2024

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 janu ....

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BBCNEWS BBC News July 6, 2024

hello, i m sumi somaskanda. us presidentjoe biden has touched down in belfast for the start of his visit to northern ireland and the republic. the four day trip marks the 25th anniversary of the good friday agreement. the deal largely brought an end to the 30 year conflict in northern ireland known as the troubles. but political turmoil persists, even if less violent in nature than the past. here s president biden s schedule. on wednesday, biden will deliver a speech at ulster university, before travelling to the republic of ireland. there he ll celebrate his own family s roots, attending events in louth and mayo. there will also be official discussions in dublin, where biden will meet with irish president michael d higgins. he ll then head back to america on friday. the bbc s lucy hockings has more from belfast. so president biden has arrived and there was a small crowd that came down to the centre of belfast to greet him. they braved the wind and the rain. the weather ....

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BBCNEWS Asia Business Report July 6, 2024

self willed island of taiwan. this comes after a meeting between the taiwanese president and the house speaker kevin mccarthy in california last week. the sentence, as the international monetary warns of severe weakness in the global economy over the next half a decor have other decade. the outlook for economic growth in the next five years is the weakest in a while. earlier i spoke with peter mwai, chief executive of xm australia. he told me situations like these are when investors may look to rebalance their portfolios. well, they look at escalation, they look at rhetoric, they look at market interpretation as far as news, and they said there and they say right, are there and they say right, are there other opportunities? are there other opportunities? are there certain sectors of the market to be removed from all other markets only to be looking stronger out, be it gold or retail versus institutional or mindset, so we have a degree of concern and we just need to w ....

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BBCNEWS Asia Business Report July 6, 2024

simulating attacks on the self ruled island of taiwan, this comes after a meeting between the tae hwi s just taiwanese president tsai ing wen and kevin mccarthy last week. the tensions, the international monetary fund warns of severe weakness in the global economy over the next half a decade. the fund says its outlook for global economic growth for the next five years is the weakest it s seen in a while. earlier on spoke to peter mwai, chief executive of xm australia and he told me situations like these are when investors may look to rebalance their portfolios. peter mwai. look to rebalance their portfolios. peter mwai. they look at market portfolios. peter mwai. tie: look at market interpretation, rhetoric, they said there and they say ride, are there other opportunities, the certain sectors of the markets removed from or other markets to look stronger out, gold or retail versus institution or mining, so we have a degree of concern and we need to wear this on ....

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BBCNEWS BBC News July 6, 2024

the source of the leaks that resulted in highly classified documents being released on the internet. in the last hour, the pentagon says they are looking at the impact those leaks could have on us national security and that a criminal investigation has been opened. the bbc s carl nasman is here with more carl, what exactly is the pentagon saying? well, i mean, clearly these documents, which are making the rounds for a few days, they are starting to concern the us department of defence officials were getting in the most recent statement from the pentagon, i want to summarise a bit of that here. depending on saying we have engaged with allies and partners and have informed relevant congressional committees and the department of defence, we also know that a criminal investigation has now been opened into the source of these documents. us government looking to find who may have leaked this, was country may have been behind it if it originated from the us, potentially from ....

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