Browse content similar to 20/09/2012. Check below for episodes and series from the same categories and more!
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arrested on suspicion of conspiracy. Those of the letters had fines. -- | :00:05. | :00:15. | |
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latest headlines. Now it is time It will come to World Business | :00:17. | :00:23. | |
Report. Headlines: Spain does to the bond markets in a key test of | :00:23. | :00:33. | |
confidence as it resists calls for a financial rescue. Chinese leaders | :00:33. | :00:40. | |
meet in Brussels amid a backdrop of slowing global growth. The | :00:40. | :00:44. | |
eurozone's business sector continues to contract. Can | :00:44. | :00:54. | |
:00:54. | :00:58. | ||
Germany's export machine survive Spain is facing a key test of | :00:58. | :01:03. | |
investor confidence again today. It is trying to borrow 4.5 billion | :01:03. | :01:12. | |
euros in an auction of three and ten-year bonds. Madrid is hoping to | :01:12. | :01:20. | |
to be Leader do they fall in borrowing costs. -- hoping to take | :01:20. | :01:28. | |
advantage of a fall. Spain is reluctant to call for help. The | :01:28. | :01:34. | |
interest on its investments remain at affordable levels. How long can | :01:34. | :01:37. | |
the Prime Minister keeps on stalling before the market's call | :01:37. | :01:47. | |
:01:47. | :01:51. | ||
his bluff? Wispy to an economics Most are saying that this bond sale | :01:51. | :01:56. | |
will probably go well. The point is that everybody believes time is | :01:56. | :02:06. | |
:02:06. | :02:12. | ||
running out. The first sale went well. The interest rate was | :02:12. | :02:19. | |
bearable. I do not think the markets are taking to which | :02:19. | :02:28. | |
immediately. It is not a worrying the art -- the economy are worrying. | :02:28. | :02:38. | |
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issue was successful yesterday. The government is being financed at a | :02:40. | :02:43. | |
bearable interest rates. The markets are not putting any | :02:43. | :02:47. | |
pressure at the moment. It must give the Spanish government some | :02:47. | :02:55. | |
breathing space. What you think will happen in the months t | :02:55. | :02:57. | |
Will the President have to give in and accept conditions attached to | :02:57. | :03:06. | |
health -- help from the ECB. In the end they wi end they wi end they wi | :03:06. | :03:16. | |
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minister. He hopes he can do it and have enough. We didn't know how it | :03:16. | :03:23. | |
is going to work. The trouble now is suddenly political. They re | :03:23. | :03:30. | |
Catalo Cataloa. The | :03:30. | :03:35. | |
Catalonia. The Catalonian so appalling oe. They have Ie. They have | :03:35. | :03:43. | |
blaming the Spanish government for the fiscal arrangements. They are | :03:43. | :03:46. | |
speaking of independence. Suddenly the whole t the whole t | :03:46. | :03:49. | |
the whole tcally politically charged. From your | :03:49. | :03:53. | |
point of viish government managing this crisis? Do | :03:53. | :03:58. | |
you feel that they're getting it right? They do need some financial | :03:58. | :04:01. | |
help and the future, but many say they are pushing through some | :04:01. | :04:07. | |
private sec difficult measures. It is the | :04:08. | :04:16. | |
strongly. Our balance-of-payments is any imbalance. We are exporting | :04:16. | :04:21. | |
as much as we are importing. The Spanish government have taken | :04:21. | :04:29. | |
measures to slowly and not deep enough. They either have to do was | :04:29. | :04:36. | |
on their own accord or have the European Union bail them out. | :04:36. | :04:46. | |
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you. We wil you. We wil option. It option. It | :04:46. | :04:48. | |
will be get will be getting an indication of | :04:48. | :04:53. | |
the health of the reserve's private sector as well. The data for | :04:53. | :04:57. | |
Germany, France and the currency region as a whole will come out. It | :04:57. | :05:01. | |
is expected to show looking clo | :05:01. | :05:05. | |
looking closely at figures for Germany. Can it keep exporting as | :05:05. | :05:11. | |
its neighbours slump? When it comes to keeping growth going, Germany | :05:11. | :05:21. | |
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has long been head and shoulders secret is tmall and | :05:21. | :05:24. | |
medium-size companies have retained and bills on their manufacturing | :05:24. | :05:33. | |
their way out of EU wrote trouble. This toy factories were the largest | :05:33. | :05:37. | |
of its kind still manufacturing in southern Ge | :05:37. | :05:42. | |
southern Geis toys here and exports 70% of it -- | :05:42. | :05:46. | |
of production. The analyst euro uncertainty is a source of | :05:46. | :05:54. | |
retailers w frustration. If anything, it is the retailers wr experiencing | :05:54. | :05:59. | |
the most problems. Will people make delay buying a car or Redbridge, | :05:59. | :06:09. | |
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they will not stop buying a toy It is perhaps surprising to see | :06:16. | :06:20. | |
that the company is still increasing sales in credit crunch | :06:20. | :06:27. | |
countries like Spain. In countries lot because you have a lot of | :06:27. | :06:35. | |
unemployment, we have growth there. The balance seems to be tipping | :06:35. | :06:40. | |
running running in Europe. Manufacturing in | :06:40. | :06:44. | |
the Europe means that you are independent of the currency. We | :06:44. | :06:54. | |
:06:54. | :06:55. | ||
want top quality and we avoid high quantities later than ordering in | :06:55. | :07:04. | |
the Far East. We're fairly immune against knock-off products. Not all | :07:04. | :07:14. | |
German companies have such export Germany needs more growth nearer to | :07:14. | :07:21. | |
The all-important trade relationship between Europe and | :07:21. | :07:26. | |
China is to put the agenda today. The Chinese premier | :07:26. | :07:29. | |
Brussels. Tis visiting Brussels. Trade with Europe has | :07:29. | :07:39. | |
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ballooned. ballooned. pore. An importan An importan, isn't it? | :07:40. | :07:48. | |
Absolutely. Two-way trade between the EU and China is worth the 560 | :07:48. | :07:55. | |
billion US dollars. That is a lot of money. Te | :07:55. | :07:59. | |
issues will issues will be the slowing economic | :07:59. | :08:03. | |
concerns of concerns of the tensions in the | :08:03. | :08:07. | |
South China South China Sea between Japan and | :08:07. | :08:13. | |
expressed concern about the EU economic slowdown. It has offered | :08:14. | :08:18. | |
help in resolving the debt crisis. At the same time, at home, it has | :08:18. | :08:20. | |
been forced to take steps | :08:21. | :08:30. | |
steps to sustain us. The Premier of China is set to reiterate that | :08:30. | :08:34. | |
Beijing is read to continue investing in eurozone debt markets | :08:34. | :08:38. | |
evaluating evaluating the rest. They also be | :08:38. | :08:42. | |
some discussion and disputes on an EU anti-dumping investigation for | :08:42. | :08:49. | |
solar panels dominated by Chinese exporters. It is about | :08:49. | :08:52. | |
strengthening trade relationships between the EU and the mainland. | :08:52. | :08:58. | |
Very briefly, we have an idea of how factories are doing. Fill us in. | :08:58. | :09:05. | |
Manufacturing growth is slowing. The pace of the slowdown is | :09:05. | :09:15. | |
:09:15. | :09:17. | ||
stabilising. The September number contraction. The index has remained | :09:17. | :09:27. | |
below 50 since August. Beijing has unveiled a wrath own initiatives. | :09:27. | :09:36. | |
coming out on 1st October when Beijing unveils its BMI data. | :09:36. | :09:44. | |
you. Delicars. Yesterday Japan initiated Issue | :09:44. | :09:49. |