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BBCNEWS BBC News July 7, 2024

russia after the kremlin held unofficial referendums. referendums. the bank of england has stepped in to prop up the government bond market after uk interest rates soared and gilts tumbled following the governments mini budget. the bank warned the markets reaction to the governments measures now represented a material risk to uk financial stability. it says the market for gilts, in which the british government borrows, has become dysfunctional and threatens the finances of uk household...
Bbc News British Government Bank Of England Interest Rates Bond Markets Mini Budget On Friday

BBCNEWS The Context with Christian Fraser July 7, 2024

welcome to the programme. amid the turmoil in uk markets this week, the chancellor met the us banks today and was told in no uncertain terms that his budget which he has planned for november is "way too far away". the government needs to communicate much sooner, said the banks, on what the solution will be to the problem the city believes they created. it has been another chaotic day on the markets. this morning, the bank of england performed a screeching uโ€”turn, putting the brakes o...
Bank Of England Bond Markets Christian Fraser Bbc News Storm Surge Hurricane Ian Lands

CNN State of the Union With Jake Tapper and Dana Bash July 7, 2024

prices surge. more bad news on inflation just weeks from election day. >> folks are still struggling. we cant kid ourselves about that. >> how long will prices stay high? and will voters trust the president to fix it? white house economic adviser cecil yeah rouse is next. midterm match-ups, as voters start to cast their ballots vgts well look at two key contests. arizona governors race with republican kari lake and democratic katie hobbs. >> im proud of the work we did in 2020. >> as...
Air Pollution T Worse Air Support Prop Tailpipe Emissions American Lung Association Election Day

CNN State of the Union With Jake Tapper and Dana Bash July 7, 2024

hobbes. "state of the union" starts right now. ? prices surge. more bad news on inflation just weeks from election day. >> folks are still struggling. we cant kid ourselves about that. >> how long will prices stay high? and will voters trust the president to fix it? white house economic adviser cecilia rouse is next. midterm match-ups, as voters start to cast their ballots, well look at two key contests. arizona governors race with republican kari lake and democratic katie hobbs. >...
Argumentics Ocean Law Of The Sea Military Infrastructure U N Kari Lake Dana Bash

BBCNEWS BBC World News July 7, 2024

israels former prime minister, benjamin netanyahu, has told supporters injerusalem he is on the brink of a "big victory", after exit polls put his rightโ€”wing bloc narrowly ahead in yesterdays general election. the current prime minister, yair lapid, says hes waiting for the votes to be counted. our correspondent in israel, yolande knell, is following developments. after a high turnout, exit poll suggests that israels former prime minister, benjamin netanyu, is in position to take the...
Bbc News Around The World Sally Bundock Korean Peninsula Benjamin Netanyahu Exit Polls

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BBCNEWS World Business Report July 7, 2024

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so whats different within the us economy that would lead the fed to change its current course? heres miche...
The Uk Bbc News Business Headlines Around The World Sally Bundock Interest Rates

BBCNEWS BBC News July 7, 2024

the leaders of chinas ruling communist party gather for a summit in which ruler xijinping is expected to secure a historic third term in office. communities in three australian states are ordered to evacuate as torrential rain brings major flooding. and โ€” the flying scotsman โ€” the first steam engine to hit 100 miles an hour โ€” celebrates a century on the tracks. hello and welcome if youre watching in the uk or around the world. britains chancellor, kwasi kwarteng, has cut short hi...
Bbc News Around The World Uk Government Mini Budget Kwasi Kwarteng Tax Cut Plans

BBCNEWS Sunday with Laura Kuenssberg July 7, 2024

history for all the wrong reasons. the shortest serving _ prime minister in british history. but what are the rest of us to make of it? we need a general election now. there must be a general election. we need another general election. what is going on? he will be running. she is running. and he has come back from the caribbean claiming he has the backing to have a go. we have one big question this morning โ€” can any of them get a grip? this morning, werejoined live in the studio by o...
United Kingdom Brexit Party Conservative Party Leadership Election Liz Truss Out In British History

BBCNEWS BBC News July 7, 2024

number of backers. heres our political correspondent helen catt. three potential prime ministers. two of them have officially said they want the job. the former chancellor rishi sunak has confirmed he is running, after getting more than the 100 backers he needs. in a tweet he said he was standing because he wanted to fix the economy, unite the party and deliver for the country. penny mordaunt had already said she was in the race and is the only contender so far to go in front of the ca...
Rishi Sunak Has Prime Minister Penny Mordaunt Last Night Prime Ministers Helen Catt

BBCNEWS BBC News July 7, 2024

says his party hasnt got complacent, and repeats calls for a general election. these people are so fed up. they are entitled, they want a say in this. there is a choice to be made. we need a general election. let the public in to decide. do they want to continue with this utter chaos? elsewhere, headteachers in england say 9 in 10 schools will have run out of money by the next school year due to the cost of living crisis. good afternoon. rishi sunak has formally entered the contest to ...
Bbc News Rishi Sunak Has Prime Minister Afternoon Suella Braverman James Cleverly Endorses Borisjohnson

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