to the country torn by internal conflict. you are watching bbc news. now, it s talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the great global divide is the world economy drifting away from us dominance, as some of our biggest emerging economies are showing us what economic growth is all about? india, it s sitting pretty at the top of the pack, growing faster than any other major world economy. it s also one of the major leading players in the group of emerging economies who are talking up the idea of a common trade currency to counter the dollar. so, could they become the trading block of the future? i m going to be discussing all of that and more with these two. there they are. the man who first coined the phrase the brics, and a former central bank economist from brazil. also on the show, shining bright like a diamond. yeah, the shiny rocks have been one of the
flood warnings. the state s lieutenant governor joins us with an update. plus the justice department is reviewing a batch of classified documents found in joe biden s private office from when he was vice president. what will the president say about it today? and a 6-year-old accused of shooting a teacher with his mother s gun, the choice prosecutors now face in virginia. this is what we re watching at this hour. thank you so much for being here. i m kate bolduan. the flooding in california is really terrifying and the threat is not over. the state s governor said severe weather has killed at least 14 people now. 34 million people are under flood alerts today. more than a foot of rain has fallen in southern california in the last two days. a real threat isn t just the water, it is all it is rock slides, and the threat of severe mudslides as well that could also very quickly create dangerous conditions and it is all forcing thousands of people to evacuate their homes. c
epic cleanup. several senate lawmakers are at the border right now getting a close-up look at the real crisis, looking for real answers. i m harris faulkner and you are in the faulkner focus. one group, a bipartisan delegation led by texas republican john cornyn, and arizona independent kyrsten sinema making stops in their home states focused on finding solutions. what is happening now is happening on our doorstep and we need to work together to try to address it in the best way we can. a repeated failure by administration after administration to manage this crisis. the way i see for us to do that is work together by putting partisanship aside and listening to local folks and working together to find solutions. harris: we may be getting a peak from the curtain why she left the democratic party. they weren t doing that. this from the front lines. face and center hour by hour, minute by minute agents catching two illegals as they crossed across the border. we have fresh
hosting a saudi-backed golf tournament at one of his clubs. good morning. and welcome to way too early. i m jonathan lemire. it is friday, july 29th. thanks for being here. let s get started with the news. we begin on capitol hill where senate democrats are racing against the clock to pass a wide-ranging spending bill through the process of reconciliation. with just about a week to go before congress leaves for a month-long recess, a source says that senate majority leader chuck schumer called on his caucus to stick together during a closed door meeting yesterday. just one day earlier schumer and west virginia democrat joe manchin sent shot waves through congress by shock waves through congress by introducing the inflation reduction act of 2022 seemingly out of left field. planning to bring it to a vote at the senate floor next week and democrats are expressing cautious optimism about the chances of moving forward and that includes president biden who had this to say at
we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns have a