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BBCNEWS Asia July 5, 2024

as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting ....

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BBCNEWS Asia July 5, 2024

of their stance on the israel palestine conflict. this includes mcdonald s. the burger chain became a target after photos and videos on social media showing franchise stores in israel giving away thousands of free meals to the members of the israeli military. this resulted in calls to boycott the brand, from those angered by israe ls military response in gaza. owners in muslim majority countries such as kuwait, malaysia and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald s ceo chris kempczinski wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, this is disheartening and ill founded, pointing that many of the restaurants are operated by local owners. he didn t elaborate on the scale of the impact, but mcdonald s has around 2,000 restaurants in the region. it isn t the only glob ....

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CNNW Smerconish July 5, 2024

records? or as peter baker put it in the new york times, republican voters may be care if their leader slips money to a porn star to keep quiet, but will they be indifferent about impeding authorities seeking to recover clandestine materials? that s today s poll question which i ll share in a moment. it may depend upon responses by trump s gop opponents. most were quick to weigh in before the indictment was unsealed. ron desantis said the weaponization of federal law enforcement represents a mortal threat to a free society. mike pence used the same word while calling for the unsealing of the indictment. the american people should be able to judge for themselves whether this is just the latest incident of weaponization and politicization at the justice department or if it s something different, he said. ditto for south carolina senator tim scott on the weaponization charge. another went further comparing pardoning trump immediately upon his own swearing-in. chris chris ....

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BBCNEWS Asia July 5, 2024

the closest estimation to sales figures. 0ur north american business correspondent reports. byd calls itself the biggest car brand you have never heard of. but that may be about to change. the chinese automaker sold more battery powered electric vehicles in the last three months of the year than tesla did. that is a first. the american company is facing headwinds, higher borrowing costs in the us led to slowing demand but its lesser known chinese rival is enjoying tail winds including a massive domestic market, cheap labour, and strong government support. and unlike tesla, byd makes its own batteries. so controlling that part of the supply chain gives byd more flexibility to cut prices which it did in the last part of the year, sending sales spiking. as my colleague has just reported, tesla s latest number puts byd ahead of the curve. the chinese ev maker reported around 3 million in sales last year but that number comprises both electric cars and hybrid vehicles. even ....

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CNNW First July 5, 2024

be departed. if he has to leave, he might not survive. i m victor blackwell. let s start the show . what caused the civil war it s not a trick question. any response that does not mention slavery is a wrong answer. and asking you rather what you want me to say about slavery, that s the wrong follow-up. this week republican presidential candidate nikki haley fumbled on all three points. it created a striking moment the at a campaign town hall new hampshire. watch this. i think the cause of the civil war was basically how government was going to run. the freedoms and what people could and couldn t do. i think it always comes down to the role of government and what the rights of the people are. i will always standby the fact that i think government was intended to secure the rights and freedoms of of the people. it was never meant to be all things to all people. in the year 2023, it s astonishing to me that you answered that question without mentioning the word slave ....

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