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BBCNEWS World Business Report July 7, 2024

hello, a very warm welcome to the programme. let s start here in the uk where, in a few hours from now, the next leader of the conservative party and the uk will be announced. we won t officially know who that is until 12:30 bst but we do know for sure that whomever takes the reins will have a monumental task, both economically and politically. rising inflation and the high energy prices will be at the forefront of voters minds, while businesses will be keen to see stability and a commitment to economic growth going forward. our economics editor faisal islam has been looking at some of the immediate pressing issues. this is the economic reality facing the new prime minister. inflation at 10% and heading higher on these official forecasts. it may even go above 15%. five or even ten times target. in the general economy is already falling and heading for a 1990s style recession, according to the bank of england. the core of it all, energy prices. in international markets ....

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BBCNEWS BBC News July 7, 2024

the government to abandon its plan to send asylum seekers to rwanda after finding many of those selected may have been victims of torture. barristers in england and wales go on indefinite strike in their dispute with the government over pay. and meghan, the duchess of sussex, will address the opening ceremony of the one young world summit in manchester this evening amidst continuing controversy over her relationship with the royal family. welcome to 10 downing street, at lunchtime you will find out who will be moving in as new conservative leader and new prime minister. it candidates originally, thousands of votes, and a couple of hours from now we will find out whether it is liz truss rishi sunak who are moving into number ten behind me. they officially become prime minister tomorrow. that brings boris johnson s three year premiership to an end. let us start our coverage today with this report from our political correspondent. i m always going to respond to support peopl ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

bret: we begin tonight with breaking news the u.s. is condemning north korea s firing of a ballistic missile over japan as dangerous and reckless. the weapon reportedly had enough range to reach u.s. troops in guam. so what now chief national security correspondent jennifer griffin tells us what else the u.s. is doing about this action. good evening, bret. the missile flew 17 times the speed of sound. president biden reached out and spoke with his japanese counterpart to assure him of u.s. commitments the defense secretary reached out to his japanese and south korean counterparts. kim jong un is again sending a message don t forget about me. sirens alerted japanese citizens to take cover in basements and bomb shelters after north korea launched a ballistic missile over northern japan its longest range yet. the ballistic missile firing by north korea was an outrageous act that was absolutely impermissible. we will respond as soon as possible with the utmost vigilan ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024

how is that? alex hogan on the growing threat from the nuclear power plant that has nuclear inspectors rushing to the scene. what have they discovered? further, what have they done? welcome. i m neil cavuto. so glad to have you. a lot to get to. first, let s go to edward lawrence at the white house with how they re responding to all of these developments. edward? vladimir putin has 700 billion more in his pocket because of the sale of oil to other countries around the worlds. russia is making 40% more revenue from oil than a year ago. russia raked in 20.4 billion largely because of a 55% increase in exports of oil to china, but also india. you ve seen an even more dramatic increase in india. india was hardly importing anything from russia when it comes to oil and in the course of the last four or five months, we ve seen that increase from basically zero to 8 or 900,000 barrels a day. it s again, that interest of these countries to find affordable energy and russia i ....

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FOXNEWS The Story With Martha MacCallum July 7, 2024

of sweet and low has the potential to kill 500 people fentanyl seizures sky rocking across the country. these parents know too well the horrific consequences. zach was a 17-year-old high school senior. he had no history with abusing drugs or alcohol. so it was a complete shock to us when he was at his desk and passed away two days after christmas of 2020. she went on the stream to get replacement nor a benzodiazepine. it was straight-up fentanyl and killed instantly. got drugs delivered to our house at night like a pizza over snap chat. jumped the fence, got what killed him and we found him in his room in what they call the fentanyl death pose. his mom was stroking his hair and i was holding his hand when he took his last death. martha: florida s attorney yeah is classing to push fentanyl as a weapon of mass destruction in this country and suing the biden administration over their border policies fuelling the crisis. first we go to matt finn near the southern ....

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