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Transcripts For BBCNEWS World 20240706



let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jam ....

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Transcripts For BBCNEWS BBC 20240706



by plane, are taking boats. the british government recently estimated that around 4,000 britons were stuck in sudan. 0ur diplomatic correspondent paul adams has been following the situation from nairobi. the evacuation of foreign nationals from sudan does continue, largely now from port sudan, where people are able to leave by ship across the red sea, and also by plane. britain now says it is evacuating more than 2000 people altogether since the airlift began. but far more sudanese people are on the move. the un estimates 50,000 have crossed sudan s borders into egypt, chad, south sudan and ethiopia, and as many as 75,000 people are thought to be internally displaced, fleeing the fighting in khartoum and in darfur, to places where they feel more safe. the un is warning it could get a whole lot worse, with the head of the unhcr saying today as many as 800,000 people could be on the move if the fighting worsens. that is a sharp increase in the estimated numbers of people ....

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Transcripts for BBCNEWS World Business Report 20240604 04:30:00

Live from london. this is bbc news. saved by the bell jp morgan takes over troubled first republic bank, averting another banking crisis for the time being. elsewhere in the banking world no troubles for hsbc, as europe s largest bank announces pre tax profits of almost 13 billion dollars for the first quarter. and australia at a crossroads environmentalists want more to be done to reduce the reliance on fossil fuels, but energy companies insist they are still needed. hello, i m sally bundock with the top business stories. ....

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Transcripts for BBCNEWS BBC News 20240604 04:29:00

Live from london. live from london. this is bbc news. this is bbc news. saved by the bell saved by the bell jp morgan takes over troubled jp morgan takes over troubled first republic bank, first republic bank, averting another banking averting another banking crisis for the time being. crisis for the time being. elsewhere in elsewhere in the banking world the banking world no troubles for hsbc, as europe s largest bank no troubles for hsbc, as europe s largest bank announces pre tax profits announces pre tax profits of almost 13 billion dollars of almost 13 billion dollars for the first quarter. for the first quarter. where some of the worlds and australia at a crossroads and australia at a crossroads environmentalists want more environmentalists want more to be done to reduce to be done to reduce the reliance on fossil fuels, the reliance on fossil fuels, but energy companies insist but energy companies insist they are still needed. they are still needed. hello, i m sally ....

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