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BBCNEWS World Business Report July 6, 2024

a major new service unveiled to take on the likes of netflix, disney and amazon. but will viewers stump up the cash for another subscription? let us now focus on the top money stories. we start with the cost of borrowing, because the number two at the international monetary fund has told the bbc we shouldn t bank on lower interest rates any time soon. the imf and world bank are hosting global financial leaders at their spring meeting in washington, dc. the imf s deputy managing director has been speaking to our correspondent, samira hussain. gita gopinath told samira that central banks must stay the course in fighting inflation despite the shock waves sent through the banking system by rapidly rising interest rates. it is very difficult to be fully prepared for all the consequences of the times we are in, when you come out of a pandemic and there is a war and you have this very large increase in any energy prices, many things can happen. interest rates have gone up sharply, ....

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BBCNEWS BBC News July 6, 2024



hello and welcome. president biden will address the irish parliament in dublin this afternoon, as he continues his visit to the island of ireland. today, he s expected to affirm the strong ties between the republic of ireland and the united states. our correspondent, charlotte gallagher, is in dublin. hello. take us through the day. it s reall hello. take us through the day. it s really back to business forjoe biden today, yesterday, he had some personal time, biden today, yesterday, he had some personaltime, ending biden today, yesterday, he had some personal time, ending the day in a pub chatting to locals, taking selfies, going to behind the bar at one point. today, it is diplomacy and politics and he is going to speak at the irish parliament, only be fourth us president to ever do that, he is going to meet the irish president at his official residence and they are going to plant a tree together. the final stop here in dublin is at dublin castle where he is going to ....

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BBCNEWS BBC News July 6, 2024



hello and welcome. president biden will address the irish parliament in dublin this afternoon, as he continues his visit to the island of ireland. today, he s expected to affirm the strong ties between the republic of ireland and the united states. our correspondent, charlotte gallagher, is in dublin. he is already here this morning, he is going to meet the irish president at his official residency. they are going to plant a tree together and then they will be in the city centre speaking to politicians at the irish parliament. only the fourth time a us president has been invited to do this so it is a huge honourforjoe biden who is incredibly proud of his irish roots. we saw yesterday he was meeting his family members and locals there and at times, to be honest, it looked like he was on holiday, he was having such a good time. let s see what he got up to. an irish homecoming for a us president. joe biden, who describes himself as a proud irish american, arrives in his an ....

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BBCNEWS World Business Report July 6, 2024



by the effects of strikes by public sector workers. the office for national statistics said that a rise in construction activity had been offset by walkouts by teachers and civil servants. it follows a surprise 0.4% jump in economic growth injanuary which brings the uk economy, finally, to a point where it is bigger than it was pre pandemic. the value of sterling rose to its highest level since june of last year, with £1 getting you i dollar and twenty five cents. despite february s flatlining the chancellor described the outlook as brighter than expected . let s get more now with victoria scholar, head of investment at interactive investor. investor. investor. the investor. the last investor. the last few investor. the last few minutes investor. the last few minutes we investor. the last few minutes we had investor. the last few minutes we had at the in the last few minutes we had at the elite has production data from the elite has production data from the euro i ....

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BBCNEWS Talking Business July 6, 2024



north, temperatures will fall away under the starry skies, and we re looking at a fairly widespread rural frost at the very least. so we start off on a rather chilly note first thing sunday, quite a keen wind coming through the north sea as well for eastern areas, still that brisk ish wind towards the north and west. but for mostjust a day of dry and bright weather with hazy spells of sunshine for the most part. and temperatures will obviously not be as high as today because they re starting at a lower level, about eight, possibly ten degrees celsius in east anglia. but some pleasant feeling weather, light winds, if you re out and about. during the evening and overnight, we do pick up a little bit more cloud ahead of the next weather system in the north and the west. so it won t be quite as cold for the far north west of scotland, northern isles, the west of northern ireland. but elsewhere, another cold night and this time it will be frosty further south as well, possib ....

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