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Transcripts For BBCNEWS Talking Business 20240706



the russian prison was called a criminal, returning to the crime scene. it was the first time mr burton had been to newly occupied ukrainian territory. now my bbc news, talking business. let s take a look at what is on the show. spy balloons, tiktok and taiwan. trouble is never far away from the us china relationship so what do mounting tensions mean for the global economy? xijinping in a new term. joe biden halfway through his first, strains between the world s two biggest economies have deepened so what will it take to improve them? a growing number of us firms are looking beyond china to invest their cash. the president of the american chamber of commerce in china tells us why they re having second thoughts. that s despite us china trade hitting a record high last year and with the president s increasing his power this expert tells us what this means for economic ambitions. when will the rivalry have the consequences for the rest of us? we ll hear from the former hea ....

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Transcripts For BBCNEWS BBC News 20240706



today a war criminal, whose name is vladimir putin, visited the scene of a crime he committed for several months. it s been 20 years since the us led coalition began its war in iraq to topple the dictator saddam hussein. we ll assess the legacy. and valencia s streets come to life for a five day festival celebrating the spanish city s culture, history, and people. switzerland s biggest bank ubs has agreed to take over its troubled rival, credit suisse. the rescue deal follows a weekend of emergency talks between the two banks, after credit suisse saw its value plummet over the past week. banking regulators hope the deal will restore confidence to the financial markets. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. here s the swiss president speaking at a press conference. on friday, the liquidity outflows and market volatility showed it was no longer possible to restore the necessar ....

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Transcripts For BBCNEWS HARDtalk 20240706



of mariupol has been condemned by ukraine. an aide to president zelensky called the russian president, a criminal returning to the crime scene. it was the first time mr putin had been to a newly occupied ukrainian territory. now on bbc news hardtalk. welcome to hardtalk. i m stephen sackur. in a world fixated with the unstoppable march of the digital revolution, it s kind of refreshing to look at what s happening in the old school business of selling books. ink on paper has not been eliminated by the rise of the e book, and the good old bricks and mortar bookshop hasn t been wiped out by online shopping. my guest today, james daunt, boss of a growing bookshop empire, is a leader of this counter revolution. he s made buying physical books cool on both sides of the atlantic. how? james daunt, welcome to hardtalk. thank you. i used to use paper cash. i pretty much don t anymore. i used to write cheques in a chequebook. i certainly don t do that anymore. why are you so co ....

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Transcripts For BBCNEWS World Business Report 20240706



let s now get down to business and the drama that let s now get down to business and the drama that has let s now get down to business and the drama that has been unfolding over the weekend in switzerland is dominating once again. they ve had fraught negotiations as the authorities, the central bank and leaders of two of its biggest banks tried to reach a deal to prevent another damaging financial crisis. late on sunday it was announced. the troubled bank credit suisse has been taken over by its rival ubs in a government backed rescue worth over $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and in the us. switzerland s central bank wanted to prioritise financial stability and protect the swiss economy. here s the chief executive of ubs. translation: it means we bring back stability translation: it means we bring back stability ....

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Transcripts For BBCNEWS BBC News 20240706



by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to u ....

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