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BBCNEWS World July 5, 2024

here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments 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 r ....

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BBCNEWS Asia July 5, 2024

its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergra ....

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CNNW The July 5, 2024

that is all for yesterday. i am john berman. thank you so much for watching. the news continues now, so let s turn over to the source with kaitlan collins, which starts right now. tonight, straight from the source, an extraordinary moment at a contentious hearing on capitol hill. mark zuckerberg standing up to apologize after he and other tech execs were accused of having blood on their hands. apparent that he apologized to is here tonight. plus, the fate of ukraine s top general of the air this evening, good major military shake up the underway? we have brand new cnn reporting on what it means for the state of the war. also tonight, a stark warning from the fbi director on major threats that are facing the united states. christopher wray s says hackers and china are preparing to wreak havoc and we aren t paying enough attention. i am kaitlan collins, and this is the source. it is incredibly rare these days to see any kind or shred of unity on capitol hill, but ev ....

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BBCNEWS World July 5, 2024

expected sales in china, where a real estate collapse and rising youth unemployment is hitting demand for apple s gadgets. erin delmore reports. for apple, a big gadgets. erin delmore reports. forapple, a big highlight gadgets. erin delmore reports. for apple, a big highlight the first revenue growth in a year. they reported a 2% rise in overall fiscal first quarter sales, taking a year of declining sales. it s thanks to sales of the iphone 15 which hit stores in september. but a low light does make a decline in sales in china, to the tune of 13%. apple is missing out on one of its key markets. the world s second economy is grappling with a slowdown thanks to a property market crisis, slow growth and high unemployment a young people which is weighing on iphone sales and, increasingly, chinese consumers are opting for phones made by huawei which are powered by chips made in china. apple is on the verge of releasing its vision pro headset, meanwhile. this is apple s ent ....

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MSNBCW All July 5, 2024

people for your vote. if we would not have joe biden in the white house. tonight, the effort to persuade rank and file republicans the former arizona house speaker rusty bowers on his conversations with the special counsel. then, as the ex president s body man is finally arraigned, how walt nada chose to be a defendant instead of a witness. plus, how two democratic governors used a favor republican mnuchin maneuver to turn their agendas into law and how the wildly successful rollout of the threads social media platform kicked off a billionaire battle for the ages. but offered me money. offer me power. i don t care. when all in starts, right now. good evening from new york. i m chris hayes. mike pence is in the very first presidential contest state of iowa tonight in the midst of the three-day campaign spectacle. although there s nothing more predictable than a former vice president iran for the white house, mike pence is in a unique position. not only was he n ....

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