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BBCNEWS World July 5, 2024

of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth ....

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BBCNEWS World July 5, 2024

badly. the data however paints a different picture. the us economy grew 2% in the first three months of this year. that is almost double initial estimates. consumers spend more, exports held up and prospect for the second quarter also look better with the housing market focused on recovery and subsidies for semiconductor and electric car parts beginning to kick in. the challenge for america s central bank is to keep inflation trending down. data due out later this friday from the us commerce department is likely to confirm prices are cooling. but with inflation still stubbornly hire, policymakers here as in many other developed economies are not done raising interest rates. susannah streeter is senior investment analyst at hargreaves la nsdown. susannah, biden is obviously on a re election campaign. but if we look at his economic track record as president, how successful have his policies been? well, the problem that the us has faced, as have other economies around the ....

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BBCNEWS Breakfast July 5, 2024

won t last. the rain will travel eastwards through the day and it will turn increasingly humid. details coming up. good morning. it s tuesday, 27thjune. president putin has made his first public comments since the mutiny by the wagner mercenary group ended, saying any attempt to stir up turmoil in russia was doomed to fail . during a tv address, mr putin said the leaders of the uprising would be brought tojustice, but regular wagnerfighters could join the russian army, return to theirfamilies or go to belarus. graham satchell reports. vladimir putin has not been seen since saturday, but late last night he called a meeting of his security chiefs. in an address to the nation he thanked the russian people for standing up to what he called treachery. translation: it was the patriotism l of our citizens, the consolidation l of the whole of russian society, that played the decisive role in these events. this support helped us overcome the most difficult challenges that our m ....

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CNNW Anderson July 5, 2024

five people in a tiny submersible last known whereabouts, 13,000 feet under the sea. some 33 hours of air left. also tonight, hunter biden s plea deal on we look at the effects. and the plot to assassinate a russian defector on american soil. good evening, we begin now with a desperate search for the oceangate titan. a miniature submarine with five people inside. they hoped to visit the right of the titanic on the ocean floor in the north atlantic but now they face a disaster of their own. they re slowly running out of air. that is, if they are still alive. we simply do not know. all communications have been lost. even if the craft is somehow able to surface on its own, it cannot be open from inside. rescuers would need to locate it before those on board run out of oxygen in some 33 hours. this is what five people aboard the missing oceangate titan are up against right now and what charges know all too well. joining us from st. john s, newfoundland, where the submerss ....

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BBCNEWS The July 5, 2024

coming up on this week s travel show: i m flying high as i test out the planes of the future. we go behind the scenes to take a look into the life of two globetrotting travel vloggers. and ava gets stuck into a first nations feast in canada. mmm! they re like the perfect combination of fluffy and crispy. sweden is famed for its stunning nature and the people s love of the outdoors. it s so peaceful up here. and lots of pine, so very swedish. this deep connection with the environment has inspired the country to become one of the greenest in the world. down there is the city of skelleftea, a pioneer in green technology. and this small city in northern sweden is helping transform the way we travel. flight controller announcement so that right there is an electrically powered aeroplane and this is the green flight academy, one of the world s most sustainable flight schools. do you want a hand? no, thank you. well, they obviously don t trust me with such high end gear. it s ....

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