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BBCNEWS Asia July 3, 2024

Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With p...
Asia Business Report Central Bank Benchmark Interest Rate North America Steve Lai 5 25

BBCNEWS BBC July 3, 2024

House of representatives is hereby declared vacant. And with that, Kevin Mccarthys nine month term as speaker was over. The final straw his decision to do a deal with democrats to keep the government open. He didnt hesitate to point the finger of blame at the eight republicans who ousted him, led by matt gaetz, his nemesis. Look, you all know matt gaetz. You know, it was personal. It had nothing to do about spending. The unprecedented removal of the speaker has Left Congress in chaos. So much so...
Sally Bundock Kevin Mccarthy Government Shutdown Speaker Of The House Representatives Steve Scalise Majority Leader

BBCNEWS World July 3, 2024

Of digital markets, on trial for fraud and money laundering. At the heart of the case, whether mr bankman fried unlawfully used Customer Deposits from his crypto exchange, ftx, to cover debts, expenses and investments of his crypto hedge fund, alameda research, and to enrich himself and his inner circle. He has pleaded not guilty. The governments first witness was a former ftx customer who deposited £110,000 on the exchange. The government is expected to call on people who lost money when ftx w...
New York World Business Report Tycoon Sam Bankman Ben Thompson Erin Delmore Built On Lies

BBCNEWS World July 3, 2024

Cloud market in the uk thats much more than the 55 share they have globally. Their nearest rival, google, only has between 5 10 . Lets discuss this further. Professor suzanne rab is a barrister at serle court chambers, specialising in competition and regulatory law. Lovely to see you. First of all, just talk us through what of commerce trying to achieve here. ,. ,. ,. Of commerce trying to achieve here. ,. , ,. , here. They are concerned that the market here. They are concerned that the market m...
Sally Bundock Cloud Computing Business Stories Media Regulator Ofcom Suzanne Rab Serle Court Chambers

BBCNEWS Nicky July 3, 2024

I� ll be really going to be asking people aged 6a age idea . Let� s see what you think about this. Maybe we should go even further. Maybe he has bottled it. Should wejust should go even further. Maybe he has bottled it. Should we just ban smoking . Do get in touch. Rishi sunak has been defending his plan to phase out smoking. He announced at the conservative Party Conference yesterday that the ban on people Buying Cigarettes would go up by a year every year, so eventually no one can buy them...
Rishi Sunak Making Cigarettes Obsolete Nanny State Health Fascism Do Gooders Liz Truss Buying Cigarettes

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BBCNEWS Politics July 3, 2024

Arrangements but clearly, but was deemed insufficient. We have these aerial pictures, too. People standing around, still pretty close. You can see the line of tents there on the right hand side. That is the pro Palestinian Group which have been there for quite a while, making their voices heard. But things turned violent with their Counter Protest of pro is really groups as well. We dont have any numbers or things like injuries or any serious injuries. There were attempts to breach and get into ...
Los Angeles Pro Palestinian Met Police Security Arrangements Last Night Counter Protest

BBCNEWS Verified July 3, 2024

From keith. By the standards of the daily Missile Strikes that ukraine experiences, this one looks especially bleak. We have seen footage posted online by official channels appearing to show several bodies covered in dust in the small village. This is a village with a population of a few hundred. It sits in the North Eastern part of region, 30 kilometres from the front line. It is not uncommon for settlements to come under shelling or Missile Strikes because of their proximity to the front line ...
Interior Minister Missile Attack Russian Terror 1pm Localtime Front Line Rescue Operation

BBCNEWS Verified July 3, 2024

Specifically ofcom says its concerned about fees for moving data and technical barriers that can make it difficult to switch providers. And this is a big and growing business. The consultancy mckinsey estimates Cloud Computing could be worth 3tn by the end of this decade. Microsoft said it was committed to competition and would engage with the uk inquiry and amazon said it believed ofcoms findings were based On A Fundamental Misconception of the sector and that the problems had been exxagerated....
Business News Mont Blanc Mont Blanc Story Firing Line Ben Thompson News Ben Thompson

BBCNEWS BBC July 3, 2024

Boycotted the meeting complaining of pro armenian bias. Migration is the other big topic up for discussion. Prime minister rishi sunak is on his way he wants more action on illegal migration and hell ask for, what he calls creative europe wide solutions. Hell co chair a meeting with georgia meloni, the Prime Minister of italy, which has already seen more than 100,000 migrants land on its shores this year five times the number whove reached the uk. Heres our Diplomatic Correspondent james landale...
Prime Minister Front Line The Valley North Eastern India Cricket World Cup Luxmy Gopal

BBCNEWS World July 3, 2024

Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that...
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