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FOXNEWSW Special July 1, 2024

embracing artificial intelligence. should would he be worried? and in your health, experts are warning of a tripledemic this year. the flu, rsv and covid. bret: but, first, breaking tonight, one of the prosecutors who has worked on the hunter biden investigation gave a deposition today on capitol hill. leslie wolf has been accused of obstructing the fbi probe into the president s son. congressional correspondent aishah hasnie starts us off live tonight on capitol hill. good evening, aishah. bret, good evening to you. that interview lasted about four hours. and, yet, produced very little new information, a lot more frustration. mr. wolf refused to answer most of our questions. house judiciary chairman jim jordan reacting to a closed door interview with former assistant u.s. attorney leslie wolf. jordan s committee bringing her in after irs whistleblowers accused her of obstructing the fbi from investigating president biden during a five-year long probe into his ....

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BBCNEWS Asia July 1, 2024

the central bank it needs these foreign currency reserves to enact firepower and effect the economy and it has run out of that lifeline. the other aspect is the that of capital controls, they are measures by the government to prevent people from changing their argentine currency into foreign currencies, it is very popular they have a black market, where people meet to exchange the currency to the us dollar and thatis currency to the us dollar and that is artificially changing the currency, what they want to do here is bring it back to market, reduce this propping up, this artificial inflation, see where it stabilises off it has been welcomed by the international monetary fund which argentina has a huge debt to, they called the move bold said it would bring its refinancing progress programme back on track. people who will feel this are those who will feel this are those who import goods, they will find things more expensive, we will see pain for small and medium busin ....

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BBCNEWS Asia July 1, 2024

international monetary fund for the inner statement we heard them say this is going to help, a bold move that would help stabilise the economy and set the basis for more sustainable and private sector led growth. the first group we have seen by the newly appointed economy minister and when mrjavier milei be sworn in as president on sunday. it has been quick. a huge roof. whenjavier milei huge roof. when javier milei came huge roof. whenjavier milei came into office he promised shock measures. he walked around with a chainsaw promising that is going to indicate the spending cuts and tax cuts he was promising. seen as a libertarian and very ultralight leader. this is the first of the measures. other measures announced as they will cut transport and fuel subsidies and cutting any spending by the government on advertising. huge reforms and all of this as part of living up all of this as part of living up to those campaign pledges made byjavier milei. one of the most controv ....

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BBCNEWS Asia July 1, 2024

volatile fuel and energy prices and the numbers remain higher things to persistently high housing costs. combating inflation, higher interest rates make it more expensive to borrow money and that is supposed to attempt on spending which should pay runaway prices. president biden prays the data is good news and called on corporations to pass savings on to consumers and press return to normal, that means hoarding interest rates steady and as of the expected to do on wednesday. what investors really want to know is when they think will be time to cut rates and will almost never wait and hope for next year. there will almost have to wait and cut for next year. and china, the economy is calling for the deflation as prices and deepening property crisis, credit ratings agencies been, rivalagencies crisis, credit ratings agencies been, rival agencies fit and also the credit rating of the lawmakers flirted with the default as they wrestled over nation debt limit. chief asia e ....

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BBCNEWS Asia July 1, 2024

that number has remained higher thanks in part to persistently high housing costs. raising interest rates is meant to combat inflation. higher interest rates make it more expensive to borrow money and that is supposed to tempt down spending which in turn should tame runway prices. president biden praised the data as good news and called on large corporations to pass the savings on to consumers. now it is up to the fed to decide whether they have done enough work to help prices return to normal. that would mean holding interest rates steady and that is what they are expected to do on wednesday. what investors really want to know is when the fed thinks it will be time to cut rates. they will almost certainly have to wait and hope for next year. of course inflation has been a big topic for many economies around the world this year. it is a different picture in china where we just found out last week the economy is slipping further into deflation, that s falling prices. wit ....

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