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BBCNEWS World Business Report July 7, 2024

we start here in the uk where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you ve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk with a result expected in september. whoever wins could mean a very different approach to the economy. truss says you cannot tax your way to growth she is proposing more than 30 million pounds in immediate tax cuts. sunak wants to delay the tax cuts until inflation is under control. borrowing your way out of inflation , he says, isn t a plan, it s a fairytale . the economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economi ....

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BBCNEWS BBC News at One July 7, 2024

together of neutron stars. and coming up on the bbc news channel, a peak tv audience of 7.6 million viewers tune in to see the lionesses book their place in the semifinals of euro 2022. good afternoon and welcome to the bbc news at one. the foreign secretary, liz truss, says the treasury s economic policies have failed to deliver growth for two decades, including the past 12 years of conservative rule. she s rejected concerns that the tax cuts she s promised if she becomes the next prime minister would increase inflation. ms truss and her conservative leadership rival, rishi sunak, are now setting out their pitches to win over the party membership, who will have the deciding vote over the summer. our political correspondent iain watson reports. his report contains some flashing images. it s going to be a busy six weeks. liz truss has been in the cabinet for the past eight years, but she s fighting this leadership election like an outsider. her pitch to party members is ....

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CNN Fareed Zakaria GPS July 7, 2024

months of russian s brutal war in ukraine. the cost of this war difficult to measure. there are the military costs, the billions of dollars spent, the military, the lives lost, the refugees forced from their homes, the disruption to daily lives for ukrainians living in the shadow of putin s war, not to mention the spike in food and energy costs, and these costs all continue to mount. this week, the u.s. pledged nearly $3 billion in additional security aid to ukraine. this comes as putin decreed in the size of the military as well. after half a year of war, what would it bring to bring this conflict to a close? i want to speak to john kirby now. admiral kirby, thank you for taking the time to be with us this morning. let s begin with the state of the war a half a year in. the u.s. has given its biggest military package so far, and you increasingly hear from ukrainians about not defending ground or defending territory, but we re seeing them attack from behind lines and ev ....

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CNN Fareed Zakaria GPS July 7, 2024

that. and the latest efforts in ukraine s war. trying to take back territory from russia. also, one of the biggest business fears about a potential chinese attack on taiwan is what happens to tsmc? this is the most valuable company in all of asia. it makes many of the chips in many of your high tech devices. i get a rare interview with the company s chairman and ask him about those fears. first, here s my take. is it possible that despite all the partisan noise and disbelief joe biden is actually managing to do something that he promised during his campaign? govern from the center. the evidence is piling up. if the compromise hammered out on wednesday between chuck schumer and joe manchin passes, it will be the largest investment in fighting climate change made by the federal government while also being the largest deficit reduction package in a decade. the deal comes on top of the chips and science act. that followed the first bipartisan gun control legislation p ....

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FOXNEWS The Five July 7, 2024

the policies that they want. the president in massachusetts making the push for green energy. climate change i nation and . this is an emergency. i will look at it that way. i said last week and i ll say it again loud and clear, as president, i ll use my executive powers to combat the climate crisis. not a single republican in congress will help support my climate plan. not one. let me be clear. climate change is an emergency. we ll make the clean air safer. i mean it. we have an opportunity here. dana: that comes as democrats lay in to moderate democrat senator joe manchin with some claiming that he s doomed humanity. yes, doomed humanity. manchin pumping the brakes on half a trillion in climate spending. he says that they need to chill out. people criticizing me, i understand that. i understand their aspirations. i understand the criticism. don t you believe inflation is the number one thing in american right now hurting every human being? if they don t care abo ....

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