critical issues like taiwan and uk. a surprise among democrats to lower drug prices and address climate change. we re going to discuss with democratic senator brian schatz from hawaii. also new this hour, a u.s. prisoner swap proposal to bring wnba brittney griner and businessman paul whelan home from russia. what moscow is saying, ahead. we begin this hour with the state of the american economy. a short time ago the government reported economic activity fell by 0.9% between april and june. that s the second straight quarter it has fallen. moments ago president biden issued a statement on the report saying, in part, it s no surprise the economy is slowing down as the federal reserve acts to bring down inflation. but even as we face historic global challenges, we are on the right path and we will come through this transition stronger and more secure. also this morning, we learned that 256,000 people filed first-time unemployment claims last week. that s a slight decrease
And we look back at the past week in business, when us markets had their worst day since november, and the economy was the main focus in the uk election. Thats all with our Business Editor, simonjack. We always want to hear from you. Its easy to get in touch with the programme just use the hashtag bbcbizlive. Hello and welcome to Business Live. It is friday, we have got that friday feeling. We start in france where the new president , emmanuel macron, says he expects no honeymoon from the public after his first week in power. He now has to try and win a majority in next months parliamentary elections and implement the Economic Policy he says can turn the country around. So what is Macron Economics and can it solve frances problems . Macron calls himself neither right nor left, hes a centrist, and, sure enough, the team he announced on wednesday is a diverse mix of figures from the left, right and centre. He says his Economic Policy is based on the nordic model. Whats that . Basically,
Delivered with menace, no one does it quite like Rodrigo Duterte, elected President Of The Philippines a year ago. Since he came to power, around 7000 people have been killed. Human Rights Groups are aghast that the majority of filipinos seem to like his iron fist. My guest is one of the president s most fierce critics, senator antonio trillanes. Is duterte taking the phillipines and the region in a new direction . Antonio trillanes, in manila, welcome to hardtalk. Hello, stephen. Thank you very much for inviting me. We speak at a difficult time for your country. In mindanao in the south of the philippines, you have a National Emergency with a town that for weeks has faced a siege because it has been, in essence, taken over byjihadist gunmen. The president says this is a National Emergency and it is time for the country to unify. Do you agree . I agree that what is happening in marawi is a National Crisis and something that we should deal with decisively. But i feel that the armed forc
Delivered with menace, no one does it quite like Rodrigo Duterte, elected President Of The Philippines a year ago. Since he came to power, around 7000 people have been killed. Human Rights Groups are aghast that the majority of filipinos seem to like his iron fist. My guest is one of the president s most fierce critics, senator antonio trillanes. Is duterte taking the phillipines and the region in a new direction . Antonio trillanes, in manila, welcome to hardtalk. Hello, stephen. Thank you very much for inviting me. We speak at a difficult time for your country. In mindanao in the south of the philippines, you have a National Emergency with a town that for weeks has faced a siege because it has been, in essence, taken over byjihadist gunmen. The president says this is a National Emergency and it is time for the country to unify. Do you agree . I agree that what is happening in marawi is a National Crisis and something that we should deal with decisively. But i feel that the armed forc
Delivered with menace, no one does it quite like Rodrigo Duterte, elected President Of The Philippines a year ago. Since he came to power, around 7000 people have been killed. Human Rights Groups are aghast that the majority of filipinos seem to like his iron fist. My guest is one of the president s most fierce critics, senator antonio trillanes. Is duterte taking the phillipines and the region in a new direction . Antonio trillanes, in manila, welcome to hardtalk. Hello, stephen. Thank you very much for inviting me. We speak at a difficult time for your country. In mindanao in the south of the philippines, you have a National Emergency with a town that for weeks has faced a siege because it has been, in essence, taken over byjihadist gunmen. The president says this is a National Emergency and it is time for the country to unify. Do you agree . I agree that what is happening in marawi is a National Crisis and something that we should deal with decisively. But i feel that the armed forc