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BBCNEWS World Business Report July 6, 2024

and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sp ....

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BBCNEWS World July 2, 2024

56% of voters seem keen to try something new in a country where inflation is running at over 1a0% and two in five people live in poverty. but many economists are concerned about mr milei s victory. lets get the view of andres abadia, chief latin america economist at pantheon macroeconomics. good morning. a lot has been said about his radical ideas, his promises and he is saying he will bring them into being very swiftly. give us your take on this result. a new chapter in the argentinian economy. he is in the argentinian economy. he: is trying to in the argentinian economy. he is trying to implement new measures. we don t really know what will happen from now on. the reality is argentina is having big trouble in terms of the economy. real gdp is contracting, inflation running well above 100%. around 140%. it will probably end the year at around 200%. we also see capital controls skyrocketing interest rates. the situation interest rates. the situation in argentina is dram ....

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Time politicians grew up over Doncaster Sheffield Airport and unleash its potential

Time politicians grew up over Doncaster Sheffield Airport and unleash its potential
yorkshirepost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yorkshirepost.co.uk Daily Mail and Mail on Sunday newspapers.

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BBCNEWS BBC News Now June 4, 2024 13:04:00

Projects will be based. rebecca, these plans are dividing opinion, as we ve seen. what have people been saying they are? weill. people been saying they are? well, ou “oin people been saying they are? well, you join me people been saying they are? well, youioin me in people been saying they are? well, youjoin me in saint people been saying they are? well, youjoin me in saint fergus, - people been saying they are? vii you join me in saint fergus, which is in aberdeenshire, and you can see the gas terminal behind me that played host to the prime minister this morning where he made these series of announcements. and to set the scene for you, saint fergus already supplies up to 15% of the uk s gas on a daily basis, so it s already fulfilling much of the energy need of the uk. but this announcement will be welcome not only here, in saint fergus, but across the northeast as a welcome boost for jobs across the northeast as a welcome boost forjobs in the area because it s estimated tha ....

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BBCNEWS BBC News Now June 4, 2024 13:05:00

Believe this and we see it, because there have been a number of similar projects and proposals for carbon capture schemes in the area of which, for one reason or another, have not come to fruition. but on the back of today s announcement, the back of today s announcement, the business community here has issued a warm welcome they say this carbon capture scheme brings huge potential for innovation and those jobs that we spoke about, and that the new licenses issued for the north sea signal a vote of confidence in the north sea sector. now that is not a view shared by scotland s first minister, humza yousaf, he doesn t agree, he says the prime minister has effectively signalled that his government is not serious about tackling the climate emergency when it comes to issuing these new licenses. that is also a view shared by environmental groups i ll give you a few of their views, 0xfam uk says, the decision is wrong headed, and calls the ....

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