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BBCNEWS World Business Report July 7, 2024

market after government borrowing costs soar to a 20 year high. no end to the strong dollar. us interest rates are going higher and staying there for longer, according to policymakers at the federal reserve. also coming up: digging ourselves into a hole. how climate change is threatening the world s soil and our future food supply. we start here in the uk, where pressure is growing on prime minister liz truss and chancellor of the exchequer kwasi kwarteng to rethink their economic plans. financial markets have been in turmoil since they promised £45 billion worth of tax cuts funded by borrowing in a mini budget statement on september 23rd. the chancellor is due to set out how he will fund the package and reduce debt at the end of the month. facing questions in parliament on wednesday, the prime minister ruled out scrapping her tax cuts, but said spending on public services wouldn t be cut either. we are spending almost £1 trillion of public spending, we were spend ....

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CNN The Lead With Jake Tapper July 7, 2024

plus, living at the extreme. major flooding on the east coast, explosive wildfires out west, and fears of blackouts due to record heat and stress on the power grids. and companies call on employees to return to the office after labor day, but that s not what many workers want. might their push to work from home motivate your own conversation with your boss? welcome to the lead. i m jake tapper. we begin this hour on democracy watch in our politics lead. monitoring the latest evidence of the pernicious and growing threat against the american experiment itself. former president trump continuing to endorse and help election liars win. republican primaries for offices that are relevant to your vote s integrity. trump s pick for the republican primary in massachusetts today is someone who falsely said that the 2020 election was, quote, rigged. and who will, trump says, quote, rule with an iron fist. trump is also talking about pardoning those who violently attacked t ....

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BBCNEWS BBC News July 7, 2024

that shamima begum who left london aged 15 to join the islamic state group was smuggled into syria by an intelligence agent working for canada. thousands of royal mail workers stage a second day of strike action in a row over pay disrupting deliveries of packages and letters. full speed ahead for the world s largest operating offshore wind farm. hornsea two, off the yorkshire coast, will power more than one million homes. than one million homes. defending champion emma raducanu is out of the us open losing in the first round to france s alize cornet. the last leader of the soviet union, mikhail gorbachev, has died, aged 91, following a long illness. mr gorbachev was crucial to ending the cold war. he was one of the most influential political figures of the 20th century. world leaders have been paying tribute. president biden described him as a man of remarkable vision. the un chief antonio guterres said he changed the course of history . our moscow editor, st ....

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BBCNEWS BBC News July 7, 2024

thousands of royal mail workers in the uk stage a second day of strike action in a row over pay, disrupting deliveries of packages and letters. a new study shows the impact of climate change on the shrinking glaciers of switzerland. hello and welcome if you re watching in the uk, or around the world. the last leader of the soviet union, mikhail gorbachev, has died, aged 91, following a long illness. mr gorbachev was crucial to ending the cold war. he was one of the most influential political figures of the 20th century. world leaders have been paying tribute. the un chief antonio guterres said he changed the course of history . president biden described him as a man of remarkable vision , who created a safer world . however, in a stamement this morning the kremlin said his romanticism about better relations with the west had been misplaced. our moscow editor, steve rosenberg, looks back at his life. he was the kind of russian leader the world had never seen. mikhai ....

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CNN CNN Newsroom July 7, 2024

we did it! good tuesday morning. we re watching a number of developing stories at this hour. happening right now an emotional hearing set to begin in florida where survivors and families of the parkland school shooting will share their stories and their pain in court. this is in advance to the judge sentencing the gunman. it s the final count down now. we re one week from election day. early voting as you likely know is smashing records. more than 21 million ballots cast so far. the campaigning far from over. candidates making their final pitch and cnn is on the trail. the man accused of attacking paul pelosi is expected in court this morning. 42-year-old david depape will be arraigned on several charges including attempted murder and assault with a deadly weapon. we re learning disturbing new details about depape s intentions. the fbi said he planned to hold nancy pelosi hostage and break her kneecaps if she lied. we re live outside the courthouse in san franci ....

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