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BBCNEWS Asia July 5, 2024

by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. now to other stories making headlines. boeing boss dave calhoun has adm ....

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FOXNEWSW America July 5, 2024

america reports. already, more than 150 cancellations and 1700 delays today as folks are trying to get back home. the national flightmare has been causing major chaos at airports close to a week now. bill: pete buttigieg, the transportation secretary claims everything is back to normal but bad weather could slow things down even more, especially in parts of the plains and the midwest, gillian. gillian: right to jonathan serrie now, he joins us from atlanta s heartsfield jackson airport. how are the lines there looking this hour? hi there, gillian, as you can see behind me, long lines outside the main tsa checkpoint but they are moving along rapidly. much of the activity is taking place on the concourse as passengers transit from aircraft to other aircraft. what s going on nationally, according to the tracking service flight aware, more than 1700 flights into or out of the u.s. have already been delayed today, and more than 150 have been canceled. those numbers a ....

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BBCNEWS World July 5, 2024

producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interest ....

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BBCNEWS Verified July 5, 2024

more confetti has been thrown on court 18 from just stop oil protesters. the british number one katie boulter was playing her match. the second protest of the day. these are the pictures from the first protest because this was also on court 18 and it was also confetti. jigsaw pieces. disrupting the first set of that match for a little while. the organisers of wimbledon had been talking about the prospect of this and they had made appeals for everyone to allow the crowds to enjoy the tennis and not get distracted by any sort of protests because we have seen these protests and other major sporting events, horse racing, snooker, and now tennis and we also saw the one at lord s where the test match was interrupted. this is the second protest byjust stop oil protesters, disrupting another match at wimbledon. we will be with our colleagues in just wimbledon. we will be with our colleagues injust a moment wimbledon. we will be with our colleagues in just a moment at bbc sport ....

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BBCNEWS Verified July 5, 2024

time for a look at the business news now. we the business news now. have growth on the agendi we start in the us where we ve learned today than the world s largest economy grew by an annualised rate of 3.3% in the last three months of 2023. the growth figure was higher than expected. as always the big question is how this will feed into the us central bank the federal reserves next move on the cost of borrowing. michelle fleury is in new york for us. take us into the detail of the growth figures to begin with. where did this surprisingly high figure come from? $5 did this surprisingly high figure come from? did this surprisingly high figure come from? ~ , i. ., come from? as you said, in the final three months come from? as you said, in the final three months of come from? as you said, in the final three months of last come from? as you said, in the final three months of last year come from? as you said, in the final three months of last year on - come from? ....

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