2025-01-04
26 分钟This BBC podcast is supported by ads outside the UK hello and welcome to World Business REPORT from the BBC World Service.
I'm Liana Byrne.
And on this edition, President Biden blocks a $15 billion takeover of U.S.
steel by Japan's Nippon Steel, citing national security.
Could this decision strain relationships with one of America's closest allies?
Digital payments are taking India and many regions in Africa by storm, which explore how mobile money is reshaping economies there.
And money and relationships, it's not always a match made in heaven.
We'll hear how one couple tackled their first big financial fight and came out stronger.
Well, if you've got a money relationship story, I want to hear it.
You can contact me and WhatsApp or send me a voice note on 004-433-0678-3033 or you can just email us anytime on world.businessbc.
but we're going to start with the big news today that US President Biden has blocked that takeover of US Steel that's the nation's third largest steel maker by Japan's Nippon Steel.
An official statement says the deal posed a risk to national security and critical supply chains.
The White House spokeswoman, Karine Jean Pierre has said that the US Needed to protect themselves against foreign competitors who use unfair trade practices.
It is critical that we have a strong domestic steel industry that protects our.
National security and our supply chains.
Today, the president demonstrated once again that.
He will always act to protect the security of this nation as well as.
The resilience of our supply.
Now, this decision raises important questions about the future of global partnerships.
Could blocking this deal strain the United States relationship with key allies like Japan?