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Transcripts For BBCNEWS World Business Report 20240707



of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world s biggest economy. in the world s biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we ll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. that comes after a steeper 1.6% decline in the first three months of the year. but that hasn t hit the labour market yet. us treasury secretary janet yellen said the economy is now at full employment with the unemployment ratejust 3.6%. meanwhile, prices for groceries, petrol and other basics are rising at the fastest pace since 1981. he s what president biden had to say. both chairman powell an ....

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Transcripts For BBCNEWS Dateline London 20240707



waving flags and chanting slogans. the palestinian red cross said more than 70 people were injured in clashes. now on bbc news, dateline london, with sean ley. hello and welcome to the programme which brings together columnists from uk newspapers with the foreign correspondents who write, blog and broadcast to audiences in their home country from the dateline london. this was the week when sue gray delivered her report into whether there were downing street parties during the covid lockdown. did the report itself deliver? we learnt the likely impact of surging energy prices and a doubling of the numbers in fuel poverty in the uk. the government s answer to it? throw money at the problem. is it proportionate or inflationary? and what about those other sharply rising bills? is inflation stalking the globe? to discuss all that, we have the american journalist stephanie baker, a senior writer with bloomberg markets, steve richards, a political commentator who presents the p ....

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Transcripts For BBCNEWS Dateline London 20240707



minutes, as fans struggled to get into the stade de france. more than 60 people were arrested. now on bbc news, it s time for dateline london, with sean ley. hello and welcome to the programme which brings together columnists from uk newspapers with foreign correspondent to write blog and broadcaster audiences in their home country from the dateline london. this was the week when sue gray delivered her report into whether the downing street party. did the report itself deliver? we learnt the likely impact of surging energy prices and a doubling of the number in fuel poverty in the uk. the government s answer? throw money at the problem. is a proportionate or inflationary? and what about the other sharply rising bills as stalking the globe. to discuss that, we have stephanie baker a senior writer with bloomberg markets, steven richards, personal commentator who presents a podcast and ian martin who founded and edits chemical reaction and is a connellan columnist for t ....

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Opinion | As trade barriers go up in the West, the rest are 'reglobalising'

As the Global South pushes for more opening up, trade will emerge profoundly different, more complex and diffused. Chest-beating isolationism can’t change how the world is more interdependent than ever. ....

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