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BBCNEWS World Business Report July 6, 2024

businesses groups in northern ireland have expressed hope over the windsor framework the new deal meant to simplify their post brexit trade with the rest of the uk. until now, some imports have been complex to manage others have been outright banned under the so called northern ireland protocol, intended to protect the eu s single market. the british prime minister rishi sunak has been in belfast to meet politicians and business leaders to build support for the framework. speaking to workers at one business, he said the new arrangements would help northern ireland become the world s most exciting economic zone with unique access to both eu and uk markets. if we get this framework implemented, we get the executor back up and running here, northern island is in the unbelievable special position, unique position in the entire world, european continent and having privileged access, not just to the uk home market which is enormous the fifth biggest in the world but a ....

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BBCNEWS World Business Report July 6, 2024

so let s get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that wasn t the case for first republic, executive spoke for about ten minutes and then took no question. it is perhaps an indication ofjust how bad must have become at the regional bank. during the first quarter, it lost hundred and $2 billion in customer deposits, thatis billion in customer deposits, that is way more than half of the $176 billion it had on hand at the end of last year. after at the ....

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BBCNEWS World Business Report July 6, 2024

let s start in the us, where there is growing footsteps. 0k. let s get started, shall we? the cameras do not want to play ball but i can walk back to this position. let s start in the us, where there is growing nervousness in financial markets over the possibility the us could default on its debt. a stand off in congress over plans to lift the federal debt ceiling which is currently at an eye watering $31.4 trillion has led to the cost of buying insurance against a us government default has moved to its highest level in more than a decade this month. so, later today, the republican speaker of the house kevin mccarthy will give a speech at the new york stock exchange, where he s expected to lay out the conditions republicans want democrats to agree to in exchange for movement on the debt ceiling. it sounds like a stand off. scott anderson is chief economist at bank of the west in san francisco. welcome to the programme. what will kevin mccarthy say? what is he goin ....

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BBCNEWS BBC News July 6, 2024

a russian court has sentenced one of president putin s most prominent critics to 25 years in prison for treason. vladimir kara murza has also been convicted of spreading false information about the russian armed forces and co operation with an undesirable organisation . he played a key role in persuading western governments to sanction russian officials for human rights abuses and corruption. the russian british former journalist and politician is the latest of a number of putin opponents to have been arrested or forced to flee russia. he had denied the charges and been vocally critical of his trial. let s get more on this story now with sergei goryashko from the bbc russian sevice. could you start by telling us what happened, what we know about what happened, what we know about what happened in court today? todd? happened, what we know about what happened in court today? happened in court today? today in court, in happened in court today? today in court. in a happe ....

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BBCNEWS World Business Report July 6, 2024

by dominion voting systems against fox news and its parent company would start on tuesday. the lawsuit alleges the broadcaster damaged the reputation of dominion by repeatedly airing lies about its vote counting machines and election fraud in the 2020 us presidential election. laurie laird is a us business journalist. why is this happening? i why is this happening? i think the fact that these why is this happening? i think the fact that these claims why is this happening? i think the fact that these claims of - why is this happening? i think the fact that these claims of a - fact that these claims of a potential settlement that were reported in the well streetjournal, a murdoch owned operation, i think that gives us some sense of the nature of these reports. whether the two sides can come to the settlement is a very open question. i m surprised that this thing it came this close to getting into a courtroom. dominion a comedy voting system, is trying to prove deforma ....

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