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World Business Report: First broadcast 16/08/2023 21:32 GMT : President Biden claims landmark law known as Inflation Reduction Act will boost economy on its first anniversary

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First broadcast 16/08/2023 21:32 GMT 

First broadcast 16/08/2023 21:32 GMT : President Biden claims landmark law known as Inflation Reduction Act will boost economy on its first anniversary

President Biden claims landmark law known as Inflation Reduction Act will boost economy on its first anniversary

BBC World Service - World Business Report, President Biden claims landmark law known as Inflation Reduction Act will boost economy on its first anniversary

President Biden says the clean energy law will boost the US economy.

Joe Biden claims the law has already created 170,000 clean energy jobs and will create some 1.5 million jobs  over the next decade.

President Joe Biden has used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to an American public.

Two decades ago Brazil, Russia, India and China came together to form an economic group called BRICs. We talk to the former Goldman Sachs economist, Jim O'Neill who came up with the acronym.

And  we hear about how twenty vintage Ferraris bought by a collector from a dusty old barn are now being auctioned off in Sotherbys in California.

Picture: US President Joe Biden speaks on the anniversary of the Inflation Reduction Act.  Source: EPA/ Michael Williams.

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First broadcast 16/08/2023 21:32 GMT : President Biden claims landmark law known as Inflation Reduction Act will boost economy on its first anniversary

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BBC Afghan Radio