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BBCNEWS Talking July 2, 2024

and that return of demand, well, it comes despite rising fares for passengers. you know, according to data from the travel website kayak, globalflight prices have risen 16% between july and september this year compared to the same time a year ago. and that s helped some airlines to record record profits. however, the airline body, iata, that s the international air transport association, says despite those higher fares, the average airline will make a profit ofjust $2.25 per passenger as the rest of the moneyjust gets sucked up by rising costs. and that s the big challenge, because in the last few months, we ve seen a steady increase in oil prices. of course, that s the number one expense for airlines. there s also ongoing staffing shortages everywhere, from baggage handlers to pilots. and then there s the cost of moving towards greener aircraft. but despite the cost of living crisis, it s been leisure rather than business travel which has been feeding into this strong ....

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BBCNEWS Asia July 2, 2024

economic tsar. the united states has economic tsar. the united states has no economic tsar. the united states has no desire - economic tsar. the united states has no desire to . states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china with benefits to both companies over time. , . ,. benefits to both companies over time. . ,. , time. janet yellen sc comments become between time. janet yellen sc comments become between joe time. janet yellen sc comments become between joe biden - time. janet yellen sc comments become between joe biden and| time. janet yellen sc comments l become between joe biden and xi become betweenjoe biden and xi jinping next week. the two most powerful nations met in bali a lot has changed despite restrictions on high tech products over the last few months for the us china relations have ....

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CNNW CNN July 2, 2024

congressman gaetz saying quote, thoughts and prayers as he works through his grief. congress said we have moved on to a much better speaker, who is honest and trustworthy. of course, that new speaker is speaker mike johnson, dealing with a lot of the issues that kevin mccarthy faced as house speaker. we will see that on display in the coming days. meanwhile, thank you so much for joining us, cnn news now with abby phillip starts, right now. democrats and republicans giving us an instruction manual on how to make hard things harder. that is tonight on news night. good evening, i m abby philip in new york. and right now we are watching both major american political parties ignore history, and its lessons, and really not learning from their mistakes is always a good mess recipe to repeat them. but which party will ultimately bear the brunt of its is the big question. for democrats, joe manchin is the man in the middle. what i will be doing is traveling the country, ....

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CNNW CNN July 2, 2024

better speaker who is honest and trustworthy. of course, new speaker, mike johnson, dealing with a lot of the issues kevin mccarty facebook we will see how that goes in the coming days. thank you so much for joining us. cnn newsnight with abby phillip starts right now. democrats and republicans giving us an instruction manual on how to make hard things harder. that is tonight on newsnight. good evening, i m abby phillip. right now, we are watching both major american political parties ignore history and its lessons, really not learning from their mistakes is always a good recipe to repeat them. but, which party will ultimately bear the brunt is the big question. for democrats, joe manchin is the man in the middle. what i will be doing is traveling the country, and speaking out, to see if there is an interest in creating a movement, to mobilize the middle and bring americans together. the long-standing west virginia senator announced today that he will not run fo ....

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BBCNEWS World July 2, 2024

essentially moving sideways, but on my forecast, i think it will tip into the economy contracting over the next couple of quarters as the drug wins out. the next couple of quarters as the drug wins out- the next couple of quarters as the drug wins out. that means you are ”redictin drug wins out. that means you are predicting an drug wins out. that means you are predicting an official drug wins out. that means you are predicting an official recession. - predicting an official recession. that is right. we are predicting a mild recession by historical standards. i wouldn t get too worried about whether it is a recession, the big picture is we ve got an economy which is weak and essentially on its knees, before the full impact of higher interest rates has been felt. so i think that is the main message, whether there is a technical recession, which is defined as two quarters of consecutive contractions in gdp, or whether we bounce around with the economy moving sideway ....

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