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BBCNEWS Asia July 5, 2024

the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with ....

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MSNBCW Andrea July 5, 2024

border bill. johnson said it is dead on arrival as he reveals a bill for israel alone without a cent for the war against putin in ukraine or the border. top senate negotiator, chris murphy joining us coming up. plus, the pentagon fires off a weekend barrage of preemptive strikes against houthis in yemen after friday night s strikes for the deaths of three u.s. service members. we intend to take additional strikes and additional action to continue to send a clear message that the united states will respond when our forces are attacked or our people are killed. secretary of state blinken has arrived in saudi arabia today starting his fifth shutting mission to the region since october 7th to promote a halt in the fighting in gaza in exchange for a release of hostages. and donald trump widens his lead over president biden in our new poll. steve kornacki is here to break it all down. good day, i m andrea mitchell in washington. senate negotiators from both partie ....

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MSNBCW Katy July 5, 2024

good to be with you, i m katy tur. the 118th congress is in a league of its own when it comes to legislating. i would call it little league but even toddlers get a lucky swing or two. this group of lawmakers is on track to become the most unproductive in history. in the year it has been in power, only 35 bills have been passed and signed into law. the fewest since the great depression. it s been particularly bad in the always somewhat unruly house, but the republicans with their divergent interests and painfully slim majority have been especially unproductive, and yet last night, the lawmakers in the lower chamber did something extraordinary. they passed a tax bill that benefits both families and businesses with a giant bipartisan majority. 357 to 70. more than 3/4 of the house. democrats and republicans, all of them together. expanding the child tax credit, and restoring a set of expired tax breaks for certain corporations. and yet the senate is now saying, nar, n ....

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MSNBCW Chris July 5, 2024

reports. let s get right to it. at this hour, thousands taking to the streets in israel, blocking the country s main airport and make highways. prime minister netanyahu s latest attempt to curb judicial power just reignited massive protests. also, president zelenskyy arrives at the nato summit. he just addressed a crowd of thousands from an outdoor stage with many supporters in the crowd waving ukrainian flags. ahead, what to expect from his meeting tomorrow with president biden who says ukraine is not ready to join nato. and presidents of turkey just hours ago. his message of thanks now that turkey has lifted the last hurdle. our nbc news reporters are following all the latest developments. we begin in lithuania with president biden and president erdogan. chris, just a couple of days ago, the u.s. was suggesting that sweden would join nato but we didn t know when. they were not thinking it was going to be possible during the course of this summit. we got that sur ....

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MSNBCW Andrea July 5, 2024

this hour, mike johnson about to take the floor to slam the senate s bipartisan border compromise in his first speech after a 15-hour meeting of republicans ending in a vote to push forward and try to impeach homeland security secretary mayorkas. nato s secretary-general on the urgent need for the u.s. to support ukraine. the cia director warns cutting off aid would be a mistake of historic proportions. good day, everyone. i m andrea mitchell in washington. the ceos of the most widely used social media platforms are on capitol hill today. they are being criticized for not doing enough to protect children online from both sexual and other harmful content, including pro-hamas content on tiktok. executives from tiktok, meta, x, snapchat and discord are defending some of the steps they have taken, telling thediciary committed to keeping kids safe. the technology is growing faster than congress has been able to react. right now, the platforms are left to police themselve ....

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