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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

we begin in china where we've just had a slew of data that shows how deep the impact of both the pandemic and its demographics is having on society and the economy. data from the national bureau of statistics shows china's economy grew by 2.9% year—on—year for the last three months of 2022. that beat expectations — reuters expected the economy to grow byjust1.8%. for the full year growth came in at 3% — far below china's official target of 5.5%. excluding the year covid hit in 2020, this is china's worst showing in nearly 50 years. also today, the news that china's population...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

we never deal with it, we kind ofjust move on. the british prime minister liz truss has apologised for mistakes in the government's financial strategy — a strategy that she set in motion. the majority of measures in her so—called mini budget have been reversed by her new finance minister jeremy hunt. he was in parliament on monday to explain why the economic policy was being scrapped. the prime minister herself was keeping a low profile. in a moment, we'll hear an exclusive interview with her. but first, our political editor chris mason has the story of how the day unfolded. firs...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

struggling with symptoms. let's start here in the uk, where the new chancellorjeremy hunt has ditched almost all of prime minister liz truss�* tax cuts announced in the government's mini—budget three weeks ago. the financial markets reacted positively to the news, with the pound rising against the us dollar and uk gilts falling. in total £32 billion of the £45 billion in tax cuts have been shelved, these include... the planned 1p cut in the basic rate of income tax is now on hold indefinitely, with the rate remaining at 20%. the cap on energy prices charged to households is now...

BBCNEWS BBC World News July 7, 2024 - Vimarsana News

BBCNEWS BBC World News July 7, 2024

and karim benzema of real madrid and france is crowned the world's best footballer for the first time. hello and welcome. britain's prime minister liz truss says she will not be stepping down as prime minister, despite her premiership hanging by a thread in the aftermath of the mini budget. in an interview with the bbc, ms truss apologised for what she called "mistakes" over the past six weeks but she insisted she would lead the conservatives into the next general election. but her insistence hasn't dampened down talk of her leaving office, with one backbench mp saying "well, we'll h...

BBCNEWS BBC News July 7, 2024 - Vimarsana News

BBCNEWS BBC News July 7, 2024

ukrainian officials say russia has launched attacks on criticial civilian infrastructure across the country with several large explosions heard near the capital kyiv. france prepares for widespread disruption — as oil industry workers and transport staff go on strike in a dispute over pay. and... a happy birthday to the bbc! it's100—years—old today — making it the world's longest running national broadcasting organization. good morning and welcome to westminster. liz truss says she will not be stepping down as prime minister, despite her premiership hanging by a thread after ...