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BBCNEWS World Business Report July 7, 2024

in a move that could push the country closer to default. the treasury department said it would end a waiver that had allowed us bondholders to accept payments. russia has almost $2 billion worth of payments on its international bonds that will be due up to the end of the year. joining me now is patrick reid, co founder of the adamis principle. i guess the place to start with this is how close it will bring russia to default in common what would happen if it does? thank you for having me on. it isjust another nail thank you for having me on. it is just another nail in the russian economy, and we cannot underestimate the consequences and dangers of a default. it is not quite like 1998, but it is not quite like 1998, but it is not very good for russia long term. now, a ten year yield on a russian bond will get you about 10% right now. that is not enough. russia s central bank raised interest rates to 20%. they are now currently 1a. that is not going to be enough either. es ....

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BBCNEWS The Papers July 7, 2024

who are demanding fresh elections. earlier, police used tear gas in an attempt to clear protesters from the streets. hello and welcome to another look ahead to what the papers will be bringing us tomorrow. with me are lord darroch, former british ambassador to the united states, and mo hussein, former conservative advisor. and let s just show you some of the front pages. almost all the papers lead on the same story the sue gray report into parties during lockdown at downing street. the financial times describes the prime minister as damaged but unbowed after the publication of lurid details of the events, but says a move against him by tory mps is unlikely. the guardian gives some of those details drinking, a fight and vomiting and also gives the pm s explanation that he didn t know the extent of what was happening. the metro quotes a message from the pm s private secretary, martin reynolds, who said those attending the drinks seemed to get away with it. the i s ....

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FOXNEWS The Five July 7, 2024

it is far more evil for someone to gundown little kids, it is intolerable. jesse: we re getting brand-new details on the heartbreaking tragedy. police giving more insight into how this terrible event unfolded. jeff paul is on the ground with the latest. jeff. yeah, jesse, we re starting to learn more about the shooting and about the suspect. according to texas governor greg abbott, he says about 30 minutes before the shooting, the suspect sent messages on social media. in one he wrote he was going to shoot his grandmother. in another he wrote he did in fact shoot his grand dlt mother and a third, he said he was going to go shoot up a nearby elementary school. the suspect crashed his truck near robb elementary school, from there he barricaded himself inside a fourth grade classroom. 19 students and two teachers. officers responded without hesitation. the reason it was not worse is because law enforcement officials did what they do. they showed amazing courage by ru ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

pain for 15 families getting confirmation of their tragic loss this afternoon. correspondent bill melugin is there tonight live with the latest. good evening, bill. bret, good evening to you. unfortunately we are witnessing some of that unimaginable pain you just referenced. the building behind us here in the city of uvalde is the civic center. i can tell you there is a private room in there right now where there are dozens of loved ones, family members parents waiting. waiting for any information whatsoever about their children, about their loved ones, waiting to find out if they are even alive or not. i want to show you this video right here. take a look at this. this is video posted to social media shortly after that shooting took place alleging to show that 18-year-old shooter arriving on campus and walking in to one of the campus buildings with a firearm. now texas governor greg abbott says it is their belief he showed up with a handgun as well as a rifle kind of ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024

nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we r ....

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