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BBCNEWS World Business Report July 7, 2024

we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. wi ....

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BBCNEWS The Papers July 7, 2024

of the amazon rainforest is that of the missing british journalist dom philips. it s understood he was identified using dental records. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are rosamund urwin, who s the media editor at the sunday times, and the writer and broadcaster mihir bose. tomorrow s front pages, starting with. as always on front and manage to all, come in at quite early. i wonder why that is. the times says the treasury has warned employers must be careful about giving big pay rises this year as it could help fuel increases in inflation. the telegraph also leads on the treasury s worries on wage rises as thousands of rail workers prepare to walk out on strike this week over a pay dispute. the ft says rising rates have hit global markets as investors worry about inflation and a slow recovery from the pandemic causing prolonged economic problems. the independent says refugees who cross the channel to reach th ....

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BBCNEWS BBC News at One July 7, 2024

the railway lines in britain being closed. our shrinking coastline a warning that rising sea levels mean almost 200,000 properties in england may have to be abandoned. december last year there was eight metres of road between here and the end there. i measured it yesterday and we are down to 3.4 metres. and how an elderly ukrainian woman has become the unlikely face of pro war russian propoganda. and coming up on the bbc news channel. after the biggest win of her career yesterday, britain s katie boulter is back in action at the birmingham classic on a busy day of grass court tennis. the government says prepartions are already under way for a new flight taking asylum seekers to rwanda after the first one was effectively grounded last nightjust before take off. at the last minute, the european court of human rights ruled in favour of an iraqi man who was due to be on board the plane, saying he faced a real risk of irreversible harm . ministers say they re surprised an ....

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BBCNEWS HARDtalk July 7, 2024

donald trump was detached from reality. his former attorney general, william barr, said he showed more interest in crazy stuff than facts. mr trump has called the investigation a sham. now on bbc news, it s hardtalk. welcome to hardtalk. i m stephen sackur. the rupture in relations between most of europe and russia since vladimir putin s invasion of ukraine has left european governments scrambling to end their dependence on moscow s oil and gas. it turns out there was another arena in which europe had become dangerously dependent on russia space. without russian rockets and other space know how, europe s short term space plans are now in disarray. my guest isjosef aschbacher, director general of the european space agency. is europe destined to be an also ran in the space race? josef aschbacher, welcome to hardtalk. thank you. thank you for having me. let s start where i started in that introduction your relationship with russia. it has exposed, has it not, the ....

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FOXNEWS The Ingraham Angle July 7, 2024

mad at you. i said no, we ve known each other for 25 years how could i get mad at you. laura: i was just telling a funny story about the 2,000 recount night with a good friend, and we were screaming laughing because we were on until 4:00 in the morning. sean: piples, hanging, swinging. laura: exactly. sean: that was a nightmare. laura: great seeing you and i loved the last coast guard segments. all right i m laura ingraham this is the ingraham angle from washington tonight. knives out that s the focus of tonight s angle. all right, record high gas prices, markets collapsing, with the s&p entering the bear market territory, china threatening war over taiwan and the number one issue facing americans? well, we tried to warn them. former clinton treasure secretary larry summers has been warning about the dark clouds forming over the biden economy for months. data are pointing more towards higher inflation. these are simply not serious people. if they were th ....

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