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BBCNEWS World July 5, 2024

without crashing the economy. 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. foran for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year the kit american economy grew faster than predicted, expanding at an annual rate of 3.3% while inflation fell. goes for the entire you re also exhilarated, even as the federal reserve was involved in the highest rates hike in recent years. the economic rates hike in recent years. the economic growth rates hike in recent years. the economic growth is rates hike in recent years. iie: economic growth is stronger rates hike in recent years. iig; economic growth is stronger than we had during the trump administration. thanks to th ....

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CNNW Fareed July 5, 2024

by downloading duckduckgo on all your devices today. this is gps the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you from new york. today on the program, the growing fear that the war in gaza will spread. could it happen? is it likely? i ll ask the new yorker s robin wright and general mark berkmeyer land. also, a.i. it s what everyone is talking about from davos to detroit, shenzhen to silicon valley. i ll talk to two of the smartest brains in technology who will tell you what you need to know now. first, the man behind chatgpt, sam altman, the ceo of openai. then bill gates, the co-founder of microsoft. but first, here s my take. for all of the focus on the many geopolitical crises across the globe, the one that is potentially the most dangerous has actually been trending in a positive direction. ian bremer, the founder of our asia group said to me the biggest up side in the past months ha ....

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BBCNEWS Asia July 5, 2024

biden administration ceased on the moment. here is the president in the battleground state of wisconsin. economic growth is stronger than we had during the trump administration. thanks to the american people, america now is at its strongest growth and lowest inflation rate of any economy in the world. all this week, joe biden s advisors have been on the road with the message that the president s strategy to help the middle class is working. on wednesday, the president picked up a major endorsement from the united auto workers. donald trump is a scab! cheers here is the thing, with trump trouncing biden in polling but the economy at the end of last year the white house is trying to change the narrative. pouncing on the latest gdp data to help make its case. overnight, oil prices havejumped to highest levels this year. as you can see, they are up about 3% as tensions in the red sea continue to disrupt global trade. financial survey alliance has forecast that if the crisis ....

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BBCNEWS World July 5, 2024

like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow ever ....

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FOXNEWSW Fox July 5, 2024

meritocracy approve of this decisiony ap. a few d just a few days ago, cbs newss ran a poll asking americans about this very issue. ver70% responded that colleges should not be allowed to use race in college admissions. a new york times poll recentlyam found 60% of democrats also oppose race as a factor in admissions. americans across the country have rejected affirmative action at the ballot box, too, evenat the b in blue state calia in the 2020 election. democratic leaders in the state put affirmative action on the ballot. the pre action oo affirmative an activists, the governor, both supp senators, even the golden state warriors, pushed voters to support the initiativthey oe they outspent opponents of oppon affirmative action by 19 to 1. and in the end, nearly 60% of californians voted to kill affirmative action. . it didn t work. no matter how hard the democratic party matte trieo matter how much money spen wpin, the american people have rejected the view that we sh ....

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