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Transcripts For BBCNEWS World 20240703

Human tragedy there likely will be significant economic disruption and it is the policy makers ability to respond complicated by this world were living in with high inflation. In the past with conflict between israel and gaza are the central bank is often lowered Interest Rates but they havent been able to do that at they havent been able to do that at the moment because inflation is high so they have instead been focused on supporting their currency. Not beyond that there are broader global obligations i think the real concern is that the conflict missing now could escalate into stack to include iran which many have been reporting has been providing support and sympathy for the attacks. If iran gets dragged into a race this could have much more serious impacts on the Global Markets and pushed oil prices up even higher. Yes. The
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