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FOXNEWS Fox News Live July 6, 2024

jacqui heinrich. griff: it s great to be with you, i m griff jenkins. the balloon sighting dashing an attempt by the biden administration to ease u.s.-china tensions, with antony blinken calling off his trip to beijing. and we have coverage in london alexandria hoff in washington and let s start off. earlier some say the chinese balloon should have been shot down when this first crossed over alaska. we could have shot it down over open water, over dense, sparse parts of alaska and should it shot it down then. it leads me to believe that possibly a political decision was made by the white house not to do so for fear of interrupting the relationship with china. that s troubling if that it indeed the case. here at the white house, president biden only wanted to talk about the strong jobs report not that chinese sp, whe will you remove the balloon? when and how will you remove the balloon, mr. president? the chinese spy balloon had been spotted over charlotte, north ....

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BBCNEWS Talking Business July 6, 2024

i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they wa ....

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BBCNEWS World Business Report July 6, 2024

we start here in the uk, where more shops are limiting the sale of some fruit and vegetables because of a shortage of fresh produce. the uk s biggest supermarket chain tesco is the latest to bring in rationing, a cap of three items per customer on tomatoes, peppers and cucumbers. it follows similar moves by rivals asda, aldi and morrison s. extreme weather has affected harvests in spain and north africa. but some are also pointing to specific problems within the uk s food industry, as emma simpson reports. if you ve been to the supermarket, chances are you ll have seen this. a shortage of tomatoes, cucumbers and some other fresh vegetables and now britain s biggest retailer has joined in with placing a limit on how much shoppers can buy. here is the problem. at this time of year we rely on imports from overseas. we get a lot of tomatoes here from morocco but it is a whiteout with harvest disrupted. extreme weather is playing havoc food production. this huge business is ....

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BBCNEWS BBC News July 6, 2024

the following images disturbing. it happened during the distribution of charity for ramadan. this is video footage from almasirah, a tv station linked to the houthi rebel group, which controls sanaa. the video was picked up by various news agencies and it purports to show the incident in the the city. it s an apparent crush of people, many of whom look to be in distress. our correspondent simonjones joins us from the newsroom. what more can you tell us? ? what more can you tell us? hundreds of people had gathered at a school where they were handing out aid, they were being given the equivalent of $9 each, but so many people arrived that houthi rebels in charge in the city started firing into the air to try to control the crowd. eyewitnesses say one of the bullets hit an electrical cable, that caused an explosion, that led to panic, led to a stampede, led to a crush. we know that dozens of people have been killed and hundreds more have been taken to hospital, some of tho ....

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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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