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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what's different within the us economy that would lead the fed to change its current course? here's michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing c...

BBCNEWS Breakfast July 1, 2024 - Vimarsana News

BBCNEWS Breakfast July 1, 2024

our correspondent, graham satchell reports. a long night of last—minute wrangling in dubai as delegates embarked on golf buggy diplomacy to reach an agreement. and finally a new draft text with slightly tougher language. the sticking point has always been the future of fossil fuels. the hope from many here was that this cop would agree to phase out the use of fossil fuels by 2050. the first draft agreement listed measures that countries could use to reach net zero. that was described as grossly insufficient. the new draft being scrutinised now calls on countries to "transition away...