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BBCNEWS BBC News June 4, 2024 14:19:00

Business was down by 6.2%. this is what the economy looks like over the last 15 years. over on the left, you can see the global financial crisis — that big dip. then you get this great big bungee jump that the economy does around the time of the lockdowns in 2020. by comparison, the slowdown and downturn now is small — its only just started. one big reason for it is the fall in consumer spending. consumer—facing services like shops and restaurants here in ilfracombe in north devon, are a.9...
Big Dip Bungee Jump 6 2 Prince Of Wales North Devon Michelle Lang

BBCNEWS BBC News June 4, 2024 13:22:00

Going across to europe a couple of times a year. we havent done that for two and a half years because of the pandemic. and i can see usjust sticking to doing this sort of thing from now on. its easier, its cheaper. all sectors of the economy shrank injune, with the value of all goods and services, also known as gross domestic product, down by 0.6%. in travel and tour operators, business was down by 6.2%. this is what the economy looks like over the last 15 years. over on the left, you can see th...
Europe S We Haven T Gross Domestic Product Tour Operators Bungee Jumping Big Dip

CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:48:00

The year, so recession fears can also dampen demand. and weve had a hurricane season by the way that has been very slow so far. so that is always a risk in the outlook. >> although meteorologists say that it will be above normal. but lets not discount the importance of weather. we have seen that interrupt so many things. of course with refineries but even i remember early in the pandemic manufacturing in texas, i believe chips were impacted. >> interesting. lets talk about consumers and what the...
Hurricane Season Fighting Inflation Inflation Expectations New York Fed Gas Prices 6 2

CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:58:00

House would say, the $1.9 trillion covid relief bill, the bipartisan infrastructure package, unemployment was 6.2% when he took office. its now at 3.6%. he rejoined the paris climate agreement, more judges confirmed to the lower federal courts. he confirmed the first african-american woman on the supreme court. he signed the bipartisan gun safety bill into law. >> all of those things are great wins but the gas is as high as its ever been. inflation is at a 40-year high, and covid is still going....
Trillion Covid Relief Bill Infrastructure Package Paris Climate Agreement 9 Trillion 3 6

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MSNBC Morning Joe June 4, 2024 13:15:00

Demonstrate and protest in a peaceful way. and 6.2% were there specifically because they said they wanted to be part of violence. they talked about maiming or killing. they talked about the weapons they wanted to bring. so for me that distinction between people -- this is not as it turns out a peaceful property that got out of hand. you almost have the people there saying i have to be there to part of violence in some way. it is fascinating to look at these motivations as described here. i want ...
6 2 Danny Rodriguez

BBCNEWS Talking Business June 4, 2024 00:32:00

Welcome to the show. in every corner of the planet, prices are rising and it is hitting everything, from basic foodstuffs, rents and cars. there are two big causes. first of all, the disruption caused by the coronavirus pandemic and secondly, the devastating or in ukraine. one major difficulty for many companies from that pandemic is a shortage of labour. with many workers seeking higher wages, labour. with many workers seeking higherwages, has labour. with many workers seeking higher wages, has...
Hitting Everything Welcome To The Show Has Labour United States Job Openings 11 4 Million

CNN Reliable Sources With Brian Stelter June 4, 2024 15:08:00

The oecd, 38 countries has average inflation of 9.2%. average core inflation of 6.2%. do we think the actions of any individual country is responsible for this entire global phenomenon of 9.2% inflation? no. its been caused by things that you were unforeseeable to professor summers or others, the effect omicron had on the semiconductor supply correction, the unthinkable war in russia. this is important, i think that what people need to appreciate, i receive call after call from reporters when oh...
Core Inflation 9 2 6 2 Semiconductor Supply Correction Delta Hit Ohm Control Hit

BBCNEWS Breakfast June 4, 2024 05:23:00

So, yes, theres a huge concern at the moment. worst—case scenario — this is our 25th year of trading and weve really got to look at whether, actually, the workshops are going to remain viable if we cannot find staff in the future. lots of vacancies might seem a good thing. but it puts pressure on businesses already dealing with higher costs. its also leading to staff being poached, and pressure to put up wages. at first glance pay grew between december and february. but when you take bonuses...
Industrial Action Pay Increases Public Sector Isn T An Option 6 2

BBCNEWS World Business Report June 4, 2024 04:45:00

Highest level for 30 years, what that means is if you received a pay rise less than 6.2% over the past year you are net worse off, not to mention the fact we are yet to see the higher energy bills kick in here in the uk. we obviously have as your previous guest mentioned supply chain issues because of the post— pandemic era and further disruption because of the russian invasion of ukraine, a mixture of all of the above that is chipping away at the perception of the health of the uk economy, he...
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