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Transcripts For BBCNEWS World 20240705



lets start with the reasons behind this. things like bank holidays strikes, how important are they? they are important and they can have a push and pull impact on these figures. we tend to see a boost to pub and restaurant although that wasn t the case in may, on the other hand, we tend to see it has a negative impact on manufacturing and construction activity because of those extra days off which is exactly what we did see in may. there is no doubt that the bank holidays had an impact and resort services was pretty much flat in may. we saw human health was a bit stronger because there weren t any strike day byjunior doctors but there was an increase in the output for arts and entertainment. that s partly because of the bank holidays. it was a bit of a mixed report but as you say, we saw a contraction in may, a bit better than expected. but matt lets pick up on those pay deals. , . ., ., matt lets pick up on those pay deals. , . . . , deals. they have agreed a pay rise, ....

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Transcripts For BBCNEWS World 20240705



that we have returned to negative growth? that we have returned to negative urowth? , that we have returned to negative . rowth? , ., . ., , that we have returned to negative urowth? , ., , , . growth? they were actually expecting 0.396 contraction growth? they were actually expecting 0.396 contraction during growth? they were actually expecting 0.396 contraction during may, - growth? they were actually expecting 0.396 contraction during may, due - growth? they were actually expecting 0.396 contraction during may, due to l 0.3% contraction during may, due to the impact of the extra bank holiday related to the coronation. pretty mixed bag. it is not great overall. if you look at the numbers over the last three months, the uk economy essentially flatlined, as you said in your preamble. the uk economy is barely larger than it was four years ago, pre covid. it s not looking great, and if you look at what the markets think in terms of longer term growth for the uk econom ....

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Transcripts For BBCNEWS Asia 20240705



is private sector initiative to start building semiconductors in india which is also something to keep an eye on. i think more anything else, the headline is that the fact that modi has been given this very high profile state visit underlines how important the india relationship is for the biden administration. india is rovin: biden administration. india is proving to biden administration. india is proving to be biden administration. india is proving to be a biden administration. india is proving to be a viable - biden administration. india is proving to be a viable option | proving to be a viable option in terms of of supply chains for american companies, should patient be afraid? i for american companies, should patient be afraid? patient be afraid? i think bei ina patient be afraid? i think beijing has patient be afraid? i think beijing has a patient be afraid? i think beijing has a large - patient be afraid? i think beijing has a large lead l patient be a ....

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Transcripts For BBCNEWS Asia 20240705



with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and ....

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Transcripts For CNNW Blue 20240703

Scratch his belly Electronic Music cheering jayda My Name Is Jayda Guy and my artist name is jayda g. The disco house queen, black girl magic. Shes about to take it to the next level. jayda ive found success as a dj. Now its about using my platform for something that i believe in. Not only am i a musician, but i also have ten Years Experience in field biology. Im definitely a nerd laughing ive been touring the world with my music, and now i want to focus on whats happening to our planet. The hardest thing when it comes to Climate Change is that it just feels so big and overwhelming. I like to concentrate on the stories where there is hope because they are out there. clapping laughing im going to visit coastal communities that have a new ally in the fight a ....

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