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BBCNEWS Talking July 6, 2024

oh, boy, it s been quite a year. we re going to hear from the policy makers, the big bosses, and the unlikely stories that made the year so tumultuous. from the head of the imf and nasa to the side hustler making millions. how much money do you make doing this? so this past year, we did over $2 million. shut the front door. it s been a wild ride in business and work, so buckle up as we look back at 2023. wherever you joining me from around the world. once again, a big hello and a warm welcome to the show. you know, as the year began, europe, it was feeling lucky to have got through a relatively mild early winter. nevertheless, the russian invasion of ukraine and the impact it had on energy and food prices were certainly at the top of the agenda. the year to come in the west, well, it would be a dance between rising prices and wages and interest rates, which were just going up to keep a lid on everything else. all these interlocking global forces meant i had one question ....

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BBCNEWS World July 6, 2024

the annual rate at which prices have been going up. inflation peaked at more than 10% last year, forcing the bank to raise interest rates aggressively to try and bring it under control. but it has since fallen sharply. and on wednesday, official figures showed it was down to 3.9% in november, the lowest rate in 2 years, and far lower than expected. that s raised hopes the bank of england will be soon able to start cutting the cost of borrowing, easing pressure on businesses and households. here s our economics editor, faisal islam. arp and now sharply down. over the past year, inflation in britain seemed like a runaway train. but it s now coming into land faster than expected. here and beyond. it has been a hard year or two for her with hundreds closing and some say prices are now stabilising. inflation is definitely killing us. the rise has gone up 15%. and behind you? us. the rise has gone up 1596. and behind you? up-and-down, i remember and behind you? up-and-down ....

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BBCNEWS The July 6, 2024

and this was the start of a campaign against commercial vessels. already the houthis had aimed missiles at israel since october the 7th. now, using an array of weapons including missiles and drones, they were taking aim at the red sea. the ballistic missiles are really the tough one. this is the first time we ve ever seen ships hit by this type of weapon. and the us is clear on who it blames. while the houthis are pulling the trigger, so to speak, they re being handed the gun by iran. iran denies this, but the americans are acting. they ve released this footage of a us navy warship intercepting a houthi attack. the us has set up a large multinational naval task force, which includes france and the uk, and it has this message. these attacks are reckless, dangerous and they violate| international law. targeting civilian vessels is against international law, and these attacks connect to global tensions and to global trade. they re taking place in a narrow channel in the re ....

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FOXNEWSW FOX July 6, 2024

[national anthem] joey: good morning. this is memorial day, this is fox & friends, a special edition this morning. i m joey jones. in honor of memorial day and fleet week quantico marine corps band performs the star-spangled banner. i m joint today by kayleigh mcenany and todd piro. we are so happy to be here on this memorial day. i want to thank tunnel 2 towers upon the flags they put out on fox square. i hosted over the weekends we had amazing navy band both days. kayleigh: i watched. unbelievable. it gave me chills. joey: to see those dress bylaws. you know the president s own marine corps band in the white house it. feels surreal to say that. kayleigh: such an honor. what an honor to sit here with you today. as we honor all of those who have served. what an honor to sit by you. joey: honor to be here to represent the men and women that i served with. today, more than any other day on the calendar. i heard a lot about this cause gets a month. this cau ....

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BBCNEWS World July 6, 2024

we start here in the uk because in 90 minutes time, we ll find out if inflation is continuting to fall. the rate at which prices are rising fell to 4.6% in the year to october, down from 6.7% the month before. that sharp fall was due to cheaper energy prices and declines in oil and gas prices might bring the headline rate of inflation even lower in november, with economists estimating 4.3%. in a bid to curb inflation, the bank of england has increased interest rates to 5.15%. some of you know that only too well. live now to kallum pickering, senior economist at berenberg. good morning to you, it s been a while. give us your take on inflation today, will go in the direction we wanted to? yes, it robabl direction we wanted to? yes, it probably will direction we wanted to? yes, it probably will fall direction we wanted to? yes, it probably will fall as direction we wanted to? yes, it probably will fall as you - probably will fall as you mention, a5 seem to be the est ....

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