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Transcripts For BBCNEWS Newsday 20240707

concerns that there may not be enough affordable accommodation forfans. the far right noru are the far right noru are on the far right noru are on course to gain control and giorgia meloni is on course to form the largest. the words olitical form the largest. the words political earthquake form the largest. the words political earthquake are - form the largest. the words political earthquake are often | political earthquake are often used and probably overused, but it feels apt tonight, because this is a country that now looks like not only has it elected its first ever female prime minister, but its first right leader since benito mussolini, the fascist leader that led italy into the second world war and was eventually hanged by anti fascist partisans. it now looks like giorgia meloni, whose party has its roots in neo fascism, but she said her party has consigned that political creed to history, and she represents a modern conservative right wing government. it looks like

Transcripts For BBCNEWS BBC News 20240707

and two months ahead of the men s football world cup in qatar, concerns that there may not be enough affordable accommodation. italy has never had a female prime minister but exit polls suggest that is about to change with the far right brothers of italy emerging as the biggest party, with giorgia meloni set to be in charge. her party leans further to the right than any since benito mussolini s 80 years ago. the democratic party have already conceded, and in her first speech, have already conceded, and in herfirst speech, giorgia meloni said the voters have expressed desire for a centre right government. i expressed desire for a centre-right government. i “ust wish centre-right government. i ust wish to comment i centre-right government. i ust wish to comment on i centre-right government. i ust wish to comment on the h centre-right government. i just wish to comment on the par- centre-right government. i just | wish to comment on the par stay rather quickly. tomorrow wil

Transcripts For BBCNEWS BBC News 20240707

the floods there get really high and i don t want a repeat of what happened to me before. cubans give their verdict on legalising same sex marriage and whether gay couples can adopt in a landmark referendum that s divided the nation. japan prepares to hold a state funeral for the former prime minister shinzo abe, who was shot dead during an election rally injuly. and less than two months ahead of the men s football world cup in qatar, concerns that there may not be enough affordable accommodation. italy has never had a female prime minister. but exit polls suggest that is about to change, with the far right brothers of italy emerging as the biggest party in the new parliament, and putting its leader giorgia meloni on course to become the prime minister. her party leans further to the right than any government since the mussolini 80 years ago. the democratic party have already conceded, she said the voters had indicated their desire for a centre right government and that she

Transcripts For BBCNEWS BBC News 20240707

borrowing. super typhoon noru sweeps through the philippines capital, manila bringing winds of up to 175 kph. i evacuated the house i m living in because i m scared. the floods there get really high and i don t want a repeat of what happened to me before. cubans give their verdict on legalising same sex marriage and whether gay couples can adopt in a landmark referendum that s divided the nation. and less than two months ahead of the men s football world cup in qatar, concerns that there may not be enough affordable accommodation. italy has never had a female prime minister. but exit polls suggest that is about to change, with the far right brothers of italy emerging as the biggest party in the new parliament, and putting its leader giorgia meloni on course to become the prime minister. her party leans further to the right than any government since that of mussolini 80 years ago. the opposition democratic party have already conceded, and she said the voters had indicated

Transcripts For BBCNEWS World Business Report 20240707

we start with the latest market action and as the trading day began in asia the pound started to slide down nearly 5% at one point against the us dollar that s on top of the 3.6% dive on friday. investors are running for the exits as fears mount the new government s shock and awe tax plans for the uk economy are too big a gamble. on friday the chancellor, kwasi kwarteng, announced historic tax cuts, and the biggest increase in borrowing since 1972 to pay for them. there is now calls for the bank of england to take emergency action to calm rattled markets and bolster sterling. so let s look at how the pound is trading now. it has been hovering around just over $1.05 but one hour ago we were looking at the pound buying $1.03 so it has recovered a tiny bit but not much and you can see that the markets in asia are fairly mixed and we have the price of oil edging lower as well. joining me now is simon french, chief economist at panmure gordon. is at panmure gordon. this what

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