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BBCNEWS The Papers July 7, 2024



british prime minister, liz truss, has defended her government s chaos, and a sharp drop in the value of the pound. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me arejessica elgot, deputy political editor at the guardian and emma wolf an author and journalist. we usually start with newspaper front pages, but the economist magazine s cover is so eye catching, we thought we d kick off with it: under a banner of how not to run a country it shows liz truss and kwasi kwarteng in a sinking rowing boat named great britain . the i newspaper continues the theme with the banner: tories fear wipe out after three weeks of truss as pm, also highlighting the yougov poll which they suggest shows more than half of voters would back the opposition in a general election. the times picks up with new bad news. the daily mail echoes the sentiment trust i am not for turning. the guardian looks ahead to tomorrow s meeting between liz truss ....

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FOXNEWS Your World With Neil Cavuto June 4, 2024 21:48:00

i am more in the voelker camp, there is nothing in the mandate of what the fed s job is to make the market feel good. we ve got to watch the data. the thing that is going to drive when and how much rates will be cut in this coming year is going to be whether we are getting inflation back to target and the actual numbers in the economy. i am more of a fan, let the market react to the data rather than to the fed statements. neil: all right, i tried to maybe have you stumble upon an international monetary crisis point policy, but i failed. maybe i will do that again next time. austan, always good seeing you. thank you very much. thank for having me back. neil: austan goolsbee, chicago federal bank president, one of the key players and was on interest rates. this is the kind of things going on in the port of los angeles right now, going on around the world with these supply chain disruptions. that could be one of those blocks long developments they ....

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FOXNEWS Hannity June 4, 2024 01:26:00

Acknowledge their spending to much. the sides need to show the respective bases. there are fighting for their priorities. the chasm of differences stalled the talks today. any progress? are you guys done for the day though? until we have reasonable conversations about how you can actually move forward and do the right thing, the monogamous in here and talk to ourselves. the sides agree to ã conformity. lindsey graham counts that meet the june 1 deadline. he doubts the nation will default. i m not so sure about june 1. if we need a short delay we will get a short delay. were not going to fall under debt. finding the precise cocktail of bipartisan votes is tough especially before the market react. jason? chad, there was an ....

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CNN CNN This Morning June 4, 2024 11:39:00

What s also different this time is president biden as well as kevin mccarthy have both said we re taking entitlements off the table. if you can remember last time it wasn t off the table. it was not off the table. we all know that is outsized in terms of driving the deficit in this country and it s the demographics and healthcare entitlements that cause that. i don t think there s going to be enough room or items on the table that are going to be able to match what the savings were last time. it doesn t mean you can t make some progress on spending reform. you used to be in washington. now new york wall street. your firm very active in the space. the administration has long counted on outside players helping to ramp up the pressure here. you know the game. you call ceos. you have them come in. you call trade groups. you have them come in. you have the market react. that starts making particularly front line republicans jittery. okay, we have to make a deal. none of that has hap ....

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