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Transcripts For BBCNEWS World 20240704

You expecting . I think there will be a rate rise and everyone you expecting . I think there will be a rate rise and everyone is a rate rise and everyone is expecting 0. 25 from the bank today. The challenge it has is that its looking at what inflation has already done and we know Interest Rate rises take quite a while to filter through. Rate rises take quite a while to filterthrough. Is rate rises take quite a while to filter through. Is any danger here that rates go too high and therefore strangle the economic recovery . There is always a risk when putting Interest Rates up, its a really hard job to do. To know that when youre putting your foot on the accelerator that is going to do the right thing because there are lots of lags in how long it takes. In general, you get the sense of the Bank Of England and the message, they are more concerned about doing nothing, they feel that they can dial back on that a little bit more than letting inflation continue to persist. Obviously, the ris

Inflation
Interest-rates
Pressure
Businesses
Rise
Rate
Percent
Control
Row
Households
14
Bank-of-england

Exclusive-India IT ministry fears losing out to China, Vietnam in smartphone exports race

India must act fast to attract global smartphone companies with lower tariffs in order to compete with China and Vietnam as a major smartphone export hub, according to the deputy IT minister.

Vietnam
Republic-of
Mexico
Thailand
Xiaomi
Fujian
China
New-delhi
Delhi
India
Narendra-modi
Sam-altman

On Elon Musk's X, influencers are minting money from misinformation

Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform s contentious policies that prioritize engagement over accuracy.

Iran
Yemen
Iraq
Denmark
Ukraine
Israel
United-kingdom
United-states
Elon
Ha-afon
Gaza
Israel-general

Transcripts for BBCNEWS World Business Report 20240604 10:42:00

beijing, for its part, though, has said that the tech crackdown is over and that it s going to be now supporting the development of tech companies in the country. this is pauline. she teaches diving at skegness aquarium and she s 76 years old. i find it very therapeutic. i enjoy being in amongst the fishes. pauline has been here for eight years and teaches people of all ages how to dive. she says the oldest person she s taught was 90 years old. i like helping people, especially the people that are nervous. if we have trouble getting them into the water, once they ve actually managed to get in and come out all smiles, that is the best, best feeling.

Country
Tech-crackdown
Part
Beijing
Development-of-tech-companies
People
Pauline-adore
Fishes
Diving
Skegness-aquarium
Eight
76

$1 Trillion Tech Crackdown of China Backfires, Leads to Economic Reversal and Tech Reconciliation

Tech sector of China transformation: From crackdown to embrace. Recent deals aim to foster the platform economy, attracting Big Tech firms

China
Beijing
Shenzhen
Guangdong
Hangzhou
Zhejiang
Xiaomi
Fujian
Tianjin
Chinese
Lei-jun
Jack-ma

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