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Transcripts For BBCNEWS BBC 20240704

One of lifes most underappreciated talents is to know when its time to move on to lives next chapter. So i stand before you today, was a president , and my colleagues, to say this will be my last term as republican leader of the senate. For more on both mcconnell s stepping down and the spending deal, heres our north america correspondent, gary odonoghue. After repeated attempts to get a spending agreement, it does look like leadership in congress from both sides of at least reached a partial agreement on some other Spending Bills that they have been arguing about. It looks now in the next couple of days that resolutions were put through senate and the House Of Representatives to extend one of the deadlines until next friday by which time they will pass Spending Bills on six separate departments. They havent reached an agreement on the other six departments but they are going to push the deadline for that back until march 22 so in some ways, this is progress being made and in some ways

Transcripts For BBCNEWS Asia 20240704

Richest man, Mukesh Ambani mix it mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Lets turn to the us, where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But Consumer Spending grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures are due out later today. The south asian country experienced an impressive first half of 2023. But its growth is expected to have slowed down in the last three months. The bbc S Archana Shukla explains. After an impressive first half of the year, Economic Growth is expected to slow down in the october to december quarter. What is taking it down is a slowdown in industries, uneven Weather Patterns that have affecte

Transcripts For BBCNEWS World 20240704

So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz

Transcripts For BBCNEWS Asia 20240704

Obviously a 40 market share of india and the Indian Diaspora is absolutely huge. These are two huge companies, Reliance Industries is one of the Biggest Companies in the world, owned by asias richest man, Mukesh Ambani mixing that with the huge presence that disney has their means it is a huge disrupterfor that disney has their means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Turning to the us where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But consumer spending, which accounts for about 70 of us economic activity, grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures later today. Will be released later today. Its economy experienced an impressive first half of 2023. But its growth is expected t

Transcripts For BBCNEWS Newsday 20240704

But the Supreme Courts decision to take up the case could delay it beyond the election in november. Earlier, i asked our North America correspondent peter bowes if this announcement comes as a surprise. I think it was inevitable that this would end up in the Supreme Court. Donald trumps claims averted been rejected by a lower court and he claims he is immune to this kind of criminal prosecution because he was president at the time. This relates to the allegations that he tried to overturn the result of the 2020 election and mr trump faces multiple charges including one that he conspired to defraud the come of this was a trial does do to start very soon next month and it is been delayed and it is now on hold reading from the Supreme Court that they intend to hear arguments in april, the third week of april and a decision expected at some point injune and we know now that this trial, if indeed it goes ahead, it will not be happening until at leastjuly and were getting into Political Conv

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