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Transcripts For BBCNEWS BBC News 20240706



and japan meet for the first time in 12 years, seeking to set aside historic differences. the european central bank has hiked interest rates by half of 1%, despite the impact of rising rates on the banking sector. it comes as central banks and governments around the world are nervously watching whether the crisis surrounding credit suisse will develop into a global banking crisis. shares in credit suisse have stabilised after the swiss national bank offered it a funding lifeline. so how did we get here? credit suisse was already in trouble before its biggest investor saudi national bank announced on wednesday that it could offer no more financial support. that lead to its share price plummetting by 30%. late wednesday the swiss central bank said it would provide financial support to the tune of $54 billion us dollars. that has reassured the markets for now but concerns remain about contagion from the collapse of the two us banks last week. it is all quite complex, it is ....

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Transcripts For BBCNEWS The Context with Christian Fraser 20240706



tonight with the context, anand menon, director of the thinktank, the uk in a changing europe and the former spokesperson for the republican national committee doug heye welcome to the programme. around a million health workers in england have been offered a new pay deal today, which could bring to an end months of damaging strikes in the nhs. the unions at the negotation, represent a wide variety of health staff from nurses, paramedics, and midwives, to emergency call handlers and cleaners. the deal now on the table comes in two parts. first a one off payment for the 22/23 financial year that the government will pay within weeks which rises from 1,600 pounds 1,900 dollars for the lowest paid, to around £3,700 for senior managers. and on top of that there s a 5% pay rise for next year. most of the unions involved in the talks says they will recommend their members accept the offer. here s the prime minister. we ve got a great plan in place to make improvements ....

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Transcripts for BBCNEWS BBC News 20240604 14:19:00

Officials to have tiktok on their phones and we have seen the european commission and council say the same thing, and the belgian and dutch governments as well, so this is worldwide, the issue, between the west and china, and these concerns, we have got phones with tiktok on them, we have e mails and contacts and our data, so is that going into tiktok and then is that being fed back to chinese government? what can beijing do with it? there was a law passed in 2017 in china which says tech companies have got to comply with the communist party so if they ask for the data from people all across the world that could happen, and the concern is what that could do and what that would mean and what chinese powers but they have if they were to access this kind of secure information that is on government ministers phones. ministers phones. these are state institutions ministers phones. these are state institutions that ministers phones. these are state institutions that are ministers phon ....

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Transcripts for BBCNEWS The Context with Christian Fraser 20240604 21:52:00

As well. how does this fit with the review of defence as well. how does this fit with the review of defence and as well. how does this fit with the review of defence and security i as well. how does this fit with the i review of defence and security which the british government conducted this week, published new guidelines on what how we deal with china. this is part of that? is on what how we deal with china. this is part of that? is part of that? is linked. it is interesting because is part of that? is linked. it is interesting because that i is part of that? is linked. it is i interesting because that refresh of the integrative review was seen by most the integrative review was seen by most as the integrative review was seen by most as a the integrative review was seen by most as a softening of the prime minister most as a softening of the prime minister position because of course during minister position because of course during the minister position because of cou ....

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