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Transcripts For BBCNEWS World 20240704

So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest R ....

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Transcripts For BBCNEWS Asia 20240704

The laws were introduced after the siege of the capital, onjanuary 6, which led to donald trump being removed from several social media networks. Supporters of the law that it was necessary to prevent censorship of conservative users a long running concern among republicans. They argued they were simply trying to regulate business behaviour, not the speech of these firms. But opponents, including the Industry Group challenging both laws, net choice, said they infringed on the platforms First Amendment rights, by limiting the content they can publish and warning that a ruling for the states would deal a blow to the online platforms biggest models, which rely on curation to attract users and advertisers. The Supreme Court is expected to issue its ruling injune in the crucial months ahead of the upcoming us president ial el ....

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Transcripts For BBCNEWS World 20240705



and in cyprus, farmers blocked the entrance to the european union s offices in nicosia, on thursday. there were also demonstrations in bulgaria. and more tractor protests across spain, for the third day in a row with farmers disrupting traffic in barcelona, and in smaller cities all over the country. jos ubels is a cattle farmer in the netherlands and vice president of the farmers defence force. he told us why he s unhappy with the eu s agricultural rules. well, first of all, of course, it s the administration, bureaucracy. many people don t know, but the european union tells us what to sow, what to harvest on our fields and when to sow it and when to harvest it and they are checking this with live satellite imagery every three days all over europe. so we re being watched by european union from the satellites every three days. they invent legislation to prevent climate change or whatever, but they don t invent rules that change things for the better. we, as practicing ....

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Transcripts For BBCNEWS Verified 20240705



time for a look at the business news now. we the business news now. have growth on the agendi we start in the us where we ve learned today than the world s largest economy grew by an annualised rate of 3.3% in the last three months of 2023. the growth figure was higher than expected. as always the big question is how this will feed into the us central bank the federal reserves next move on the cost of borrowing. michelle fleury is in new york for us. take us into the detail of the growth figures to begin with. where did this surprisingly high figure come from? $5 did this surprisingly high figure come from? did this surprisingly high figure come from? ~ , i. ., come from? as you said, in the final three months come from? as you said, in the final three months of come from? as you said, in the final three months of last come from? as you said, in the final three months of last year come from? as you said, in the final three months of last year on - come from? ....

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Transcripts For BBCNEWS World 20240705



this. is this what you were expecting? this. is this what you were meeting? this. is this what you were exectinu ? ~ , expecting? well, it did seem like the company expecting? well, it did seem like the company was - expecting? well, it did seem| like the company was coming expecting? well, it did seem i like the company was coming to the end of its road. it has been 1.5 years. the chairman was placed under investigation by mainland law enforcement authorities so it did look like the company was really struggling to come up with any kind of thing acceptable to the creditors. ., ~ , kind of thing acceptable to the creditors. . ~ , ., ., creditors. talk us through what ha ens creditors. talk us through what happens nova creditors. talk us through what happens now. for creditors. talk us through what happens now. for those - creditors. talk us through what happens now. for those that i creditors. talk us through what. happens now. for those that are owed a lot of mon ....

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