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BBCNEWS The Papers July 6, 2024



well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity. so us new manufacturing fabs ....

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BBCNEWS BBC News July 6, 2024



iran is facing international condemnation for hanging two more people said to have been involved in nationwide protests. the uk called their executions abhorrent . the newly elected speaker of the us house of representatives, kevin mccarthy, has said former president trump helped him finally secure his position, after 15 rounds of voting and sometimes acrimonious exchanges with fellow republicans. he said i don t think anybody should doubt mr trump s influence. president biden congratulated mr mccarthy for his win and said he looked forward to co operating with his party. our washington correspondent gary o donoghue reports. it took them four days and 15 separate ballots before they finally got there. the honourable kevin mccarthy of the state of california, having received a majority of the votes cast, is duly elected speaker of the house of representatives. cheering not since the american civil war more than 160 years ago has it taken this long to elect a speaker. ....

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CNN CNN Newsroom With Ana Cabrera July 7, 2024



james says the investigation uncovered some 200 examples of false valuations of trump s assets. she thinks this civil case will have serious criminal fallout. we show that they violated several state criminal laws, including falsifying business records, issuing false financial statements, insurance fraud, and engaging in a conspiracy to commit each of these state law violations. we believe the conduct alleged in this action also violates federal criminal law. cnn s kara scannell was at that press conference and joins us now. lay out the key pieces of this suit, some 280 pages long. reporter: yeah, ana. the new york attorney general, letitia james, just completed her press conference a short time ago. she described a sweeping scheme. she says that the trump organization, including former president donald trump, his adult children donald trump jr., ivanka trump and eric trump were all engaged in this. she said that they helped the former president enrich his persona ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024



is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgag ....

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BBCNEWS BBC News at One July 7, 2024



people slowly being collected throughout the day. there is an eerie quiet at the moment, we twice had to take cover after being told by the military that there was another strike, by the military that there was anotherstrike, it s by the military that there was another strike, it s known as a double tap, the russians have done it before, they strike the same place twice to inflict as much damage as possible. and then you hear the sounds of sobbing and screaming when people realise that those closest to them have been lost and while moscow gets ready for a party and when the kremlin tries to put on a big concert in a show of patriotism, this is what happens close to where the front liners. and the reasons for it are unclear, but when you look at the crater, when you look at what this area was used for, it s clear it was a targeted attack. we don t know why, but the devastation here is without question. devastation here is without question- question. james watt as in zap ....

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