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WSJ What’s News

Britain’s National Health Service Teeters

WSJ What’s News

The Wall Street Journal

Daily News, News

4.14.2K Ratings

🗓️ 7 February 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

A.M. Edition for Feb. 7. Strikes, budget cuts, and the effects of the Covid-19 pandemic have left Britain’s NHS on the brink of collapse. WSJ London bureau chief David Lunhow explains how a crisis in public health care is leading to unnecessary deaths in the United Kingdom. Plus, the spat over American incentives for electric vehicle batteries. Peter Granitz hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Abu Dhabi is the UAE's largest Emirate, forecast to see economic growth of 4.2 percent next year.

0:05.5

Thanks in part to the entrepreneurial economy that is supercharging key industries of the future,

0:10.0

and attracting international attention for business leaders seeking a dynamic location that they can call home.

0:19.6

Rescue efforts continue in Turkey and Syria as the death toll from yesterday's earthquakes

0:24.6

continues to rise. Plus the U.S. revs the engine on EV battery production and taking the

0:30.2

vitals of the UK's National Health Service. Now look, not so good. What's everyone willing to

0:35.2

sacrifice because this is only going to get worse in coming years as the population ages?

0:41.0

It is Tuesday, February 7th. I'm Peter Grannitz at the Wall Street Journal,

0:44.3

filling in for Luke Vargas, and here's the AM edition of What's News, the top headlines and

0:48.6

business stories moving your world today. The death toll from yesterday's powerful earthquakes

0:58.8

in Turkey and Syria has surpassed 5,000. Thousands more people are injured and rescue teams are

1:05.2

racing to reach people buried under buildings. The rescue effort is being hampered by damage to

1:10.1

critical infrastructure such as roads and a snowstorm that has closed regional airports.

1:15.2

International aid teams have already been deployed to Turkey, but the rescue effort in Syria

1:20.2

is complicated by the lack of access to areas controlled by the Assad government or the opposition.

1:25.6

With the death toll expected to rise, the U.S. Geological Survey estimates the earthquake could

1:30.8

cause up to 10,000 fatalities. We will continue to bring you updates on the story in our live

1:36.0

blog on WSJ.com. Russia's deficit has soared to $25 billion dollars, the deepest deficit to begin

1:44.2

the year in more than a decade. Oil and gas revenues dropped 46 percent last month compared to

1:50.0

the previous January, a sign that international sanctions are starting to pinch Russia's biggest

1:54.8

income source and in turn its economy. Meanwhile, government spending jumped 59 percent last

2:00.6

month as the country funded its war effort in Ukraine. We're exclusively reporting that bedbath

...

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