meta_pixel
Tapesearch Logo
Log in
Marketplace All-in-One

How China’s birth rate is partially to blame for Irish job losses

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 20 October 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: Nestlé is closing a baby milk factory in Ireland; the BBC’s John Campbell explains how a falling birth rate in China is responsible. Then, in the middle of an economic crisis and with inflation at almost 140%, Argentina votes for a new government this weekend, Natalio Cosoy reports on one of the candidates who’s promising to dollarize the economy.

 

 

 

Transcript

Click on a timestamp to play from that location

0:00.0

How China's falling birthrate has left a local town in Ireland in crisis.

0:07.0

Hello and you're listening to the Marketplace Morning Report live from the BBC World Service

0:10.8

on the Anaburn.

0:11.8

Very good morning.

0:13.0

But first our top story, the UN Secretary General Antonio Guterres, is due to arrive

0:17.7

with a Rafa crossing at the Egyptian border in a few hours to expedite aid into Gaza.

0:23.6

The crossing was damaged by bombs and it's unclear if it will open today.

0:28.5

China for basic needs in Gaza is running dangerously low.

0:31.3

President Biden said he's going to ask Congress for billions of dollars in military funding

0:35.4

for Israel and Ukraine.

0:36.9

Meanwhile, there are increasing signs that Israeli troops will begin a grand operation

0:41.6

against Hamas in Gaza soon.

0:43.5

OK, let's do the numbers.

0:46.5

Germany's product prices have seen their sharpest annual drops since 1949, falling by 14.7%

0:52.7

in the year up to September.

0:54.6

Japan's core inflation dropped to less than 3% last month, the first time it's happened

0:59.4

in over a year.

1:00.4

OK, let's talk about the story at ease to the top.

1:02.9

Nestlé is closing a baby milk factory in Ireland.

1:06.2

And the Swiss-based company is blaming a falling birthrate in China, the closure of

1:10.2

the plant.

1:11.2

We'll mean more than 500 job losses that's around half the population of the town of

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.