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BBCNEWS World Business Report July 6, 2024

we start here in the uk where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that s despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here s why. prices in the uk are still rising much too fast, with inflation at 10.1% in the year to march. that s a bit less than the 10.4% recorded in in february, but was still much higher than expected. economists were predicting inflation would fall into single figures. one of the biggest factors the soaring cost of food and drink. it s up over 19% in the past year. it s the fastest rise in 45 years a ....

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BBCNEWS BBC News at Six July 6, 2024

this whole thing has been one of the great blessings of my life. and back in belfast a standing ovation for an emotional bill clinton 25 years after he helped negotiate the good friday agreement. and coming up on bbc news: a champions league semifinal is within reach of manchester city. they beat bayern munich first time around, can they do the same again in germany later? good evening. the cost of living rose more than expected last month thanks largely to the soaring price of food. inflation, that s the rate at which prices are increasing, was 10.1% in march. down from 10.4% in february. but analysts had expected it drop more than that. the rising cost of food and drink takes a lot of the blame it has gone up by almost 20% in a year. our cost of living correspondent colletta smith reports. here come the sausages. it s hot dinner day in this little community kitchen in halifax. started off with about ten potions. in eight weeks it s grown to almost 150 portions. ....

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BBCNEWS BBC News July 6, 2024

welcome to bbc news, i m yelled we start in sudan where paramilitary fighters battling with the sudanese army say they ve agreed a new 24 hour ceasefire. it was due to come into effect an hour ago, at 1800 local time. a similar agreement on tuesday failed to take effect. meanwhile, 15 embassies in khartoum waiting to evacuate hundreds of foreign nationals have issued a joint statement. they called on both sides to cease fire and observe international obligations to protect civilians, diplomats, and humanitarian workers. 270 people have been confirmed dead. let me show you pictures from earlier today. explosion you could hear an explosion there that was near khartoum airport and, as you can see, plumes of smoke drifting across the sky as the conflict there rages on. the latest fighting is because of a power struggle between these two men general abdel fattah al burhan, president of sudan s military government on the left, and his deputy, mohamed hamdan dagalo, who ....

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BBCNEWS BBC News at Ten July 6, 2024

he scores! and, manchester city sail past bayern munich to reach the semi finals of the champions league. and coming up on bbc news, kyren wilson scores the first 147 break of this years world snooker championship in sheffield. but is it enough for a place in round two? good evening. the unrelenting pressure on household budgets has been demonstrated by the latest inflation figures, which showed a very sharp rise in the cost of food and soft drinks, pushing the cost of living even higher. inflation remained in double digits last month, falling only slightly to 10.1% in march. that s down from 10.4% in february, but experts had predicted a biggerfall. more expensive bread, cereals and chocolate caused the overall average price of food and non alcoholic drinks to increase by a rather hefty 19% in the year to march the fastest annual rate for nearly half a century. economists say it s now far more likely that the bank of england will raise its base interest rate next mo ....

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CNN CNN This Morning July 6, 2024

it has been 108 hours since the quake struck and hope is running out to find any more survivors in the rubble. but we just saw something remarkable just this morning. a family of six rescued in turkey after being buried alive for 102 hours. four children and two parents. they waved as they were brought out on stretchers. we are told they were in the first floor of a collapsed building. this is their son who wasn t inside the home when the quake struck, weeping with joy as he saw them emerge from the wreckage. the reality is that thousands are still missing and many could be dead or dying right now beneath piles of concrete. take a look at these before and after photos of the devastation. this is a mosque, a turkish mosque from the 19th century. it is in ruins. one of many historic sites destroyed by the earthquakes, some of which have stood for centuries. this is near the epicenter of the earthquake. apartment buildings and businesses completely flattened. this is a ....

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