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BBCNEWS World July 6, 2024

to fall into recession this year and will maintain positive growth this year. news welcomed by the uk finance minister as a big upgrade in the uk outlook. but for many right now, it might not feel like things are looking up with double digit inflation pushing up the cost of living, and pushing living standards down. here s the chancellorjeremy hunt reacting to the news. today the imf s assessment shows we are on the right track. the report forecast growth of 0.4% in 2023 and 0.7 percentage point upgrade since the aprilforecast. 0.7 percentage point upgrade since the april forecast. that s even higher than the bank of england forecast published last week for 0.25% growth in 23. the imf says we have acted decisively to fight inflation which will substantially reduce to around 5% by the end of the year. in the imf say our approach to fiscal policy will help to significantly reduce the deficit over the forecast by 3% of gdp between 20 to 23 and 2728. so together these for ....

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BBCNEWS BBC July 6, 2024

also on the programme. the search for madeleine mccann begins around a reservoir in portugal 16 years after she disappeared. we re on campus as the government announces new immigration rules to stop some foreign students bringing theirfamily members here. rolf harris, the tv entertainer who was jailed for a string of indecent assaults on girls, has died aged 93. and we take you on a tour around the national collection of british art as tate britain gets a new look. and coming up in sportsday later in the hour on bbc news, we ll have more reaction to newcastle united qualifying for next season s champions league. can they be competitive among europe s elite? good evening and welcome to the bbc news at six. the bbc has been given cctv footage which appears to show a police van following two teenage boys just moments before they were killed yesterday when the bike they were riding was involved in a collision in cardiff. a riot broke out afterwards with up to 150 people inv ....

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BBCNEWS Talking July 6, 2024

now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. what s in store for 202a? another year of struggle for the global economy. but are things about to get brighter? how much we spend in the shops, jobs and interest rates as well as elections and war are all on the agenda for the next 12 months. but what will it mean for our cost of living? i m going to tackle those questions with these two, there they are, the chief economist atjp morgan, one of the world s biggest banks, who tells me why the us is still leading the way, but europe is the big worry. and the boss of the world s biggest recruitment firm, randstad, is going to give me the lowdown on what might change in the world of work. plus, coming out of the clouds, the head of the global airline body, iata, tells me why the cost of flying is one thing that won t be getting cheaper next year. where ....

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BBCNEWS World July 6, 2024

exports via the black sea for another two months. the existing deal was arranged last july to tackle a global food crisis caused by russia s invasion of ukraine one of the world s top grain exporters. it was due to expire today, thursday. arnaud petit, executive director of the international grains council says the extension is vital for many countries food security. you re right, it is very important to have this extension, particularly for north african, sub saharan african countries, which would import much more grains that we have seen in the past season, so really it s good news for them that they can already plan some buying contract with producers in ukraine and also in russia. and important, as you say, about russia because there maybe is a tendency to think that russia is just blocking those exports from ukraine, but this is also good news for russia, isn t it? indeed, both ukraine and russia exported 70 million tonnes of wheat during the current season and ....

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BBCNEWS BBC July 6, 2024

comeback. comeback is. i didn t go an here, comeback. comeback is. i didn t go anywhere. you comeback. comeback is. i didn t go anywhere, you know comeback. comeback is. i didn t go anywhere, you know what comeback. comeback is. i didn t go anywhere, you know what i comeback. comeback is. i didn t go anywhere, you know what i mean? . anywhere, you know what i mean? hello and welcome, i m ben thompson. we start injapan where leaders of the g7 group of some of the world s richest nations are meeting. in the city of hiroshima i had of the summit on friday. us presidentjoe biden has already held bilateral talks with the japanese prime minister to discuss japan us collaboration. the seven member states represent a combined economic output of more than $40 trillion. that is 40% of global gdp. high on the agenda will be the war in ukraine with further sanction set to be imposed on russia over its invasion. they will also discuss the growing power of china and its use o ....

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