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Transcripts For BBCNEWS World 20240705



by 11 of the 31 members of the alliance. uk prime minister rishi sunak is expected to urge nato allies to learn the lessons from russia s invasion of ukraine and invest more in defence. joining me now is hugo brennan, research director at the risk intelligence company verisk maplecroft. good morning to you, hugo. so, just talk us through the level of defence spending going on at the moment. because this has been a contentious issue for years within nato, hasn t it? it very much has been, yeah. i mean, the first thing to say is the question of who foots the bill to pay for the alliance? as you say, that s long been a question mark. you ll remember back to 2019, when donald trump made it very much top of the agenda. and again, it s going to be in this latest nato summit. as you said, we re expecting some sort of agreement that will make it a requirement for nato member states to spend at least 2% of their gdp on defence spending, which would build on that 2014 agreement ....

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Transcripts For MSNBCW Ana 20240705



also breaking this morning, signs that the labor market, which has been stunningly strong for so long is now cooling. fed watchers and wall street very warily awaiting these numbers. i ll talk to acting labor secretary julie su for her take on the numbers and the strength of the u.s. economy. and later, more heat for an already weather-weary nation. over a dozen dead nationwide from the high temperatures. i have asthma, so the air quality is really hard on my lungs, and then with the heat on top, it s like having a meltdown all in one. when could we get some relief from the brutal and record-breaking heat? let s begin with the war in ukraine and the breaking news. we ve now confirmed that the u.s. will send cluster munitions to ukraine. these are large bombs containing smaller explosives inside them which then disperse and can kill in record numbers. these weapons are so dangerous that more than 120 countries including many u.s. allies have agreed not to use the ....

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Transcripts For BBCNEWS Asia 20240705



this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis national security. another issue is the weakening yuan. china s currency has lost nearly 5% of its value against the us dollar over the past year which makes chinese exports more competitive on the global marke ....

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Transcripts For BBCNEWS World 20240705



helped to slow down the rate of price increases for non food products, which eased injanuary down from over 3% in december. i m joined now by shanti kelemen, chief investment officer at m&g wealth. good morning. this isjust what we want to hear before the bank of england has its first meeting of 2024, which happens on thursday. meeting of 2024, which happens on thursday- on thursday. yes, we will have a decision on thursday. yes, we will have a decision from on thursday. yes, we will have a decision from them - on thursday. yes, we will have a decision from them on - a decision from them on interest rates, wiley expected to keep rates unchanged and thatis to keep rates unchanged and that is positive news for inflation and a prices, on the other side we do have the economy still not in a recession and wage growth has been pretty strong. there are some factors balancing inflation, thinking it might not be a sharp drop in the next few months. to not be a sharp drop ....

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Transcripts For BBCNEWS The 20240705



on the women s side, elena rybakina, roared past shelby rogers. other winners included andy murray, who maintained his record of never losing in the wimbledon first round. here s chetan pathak with a round up of the best of the day s play. rain here washed out play for most of tuesday, certainly on these outside courts, but on the show courts, underneath those roofs, play was completed as scheduled, and that saw elena rybakina, the women s defendant champion, in the end survive a scare against america s shelby rogers. she has been having a virus and needed to come back from a set down to beat the american. with the band now listed on russian and belarusian players, aryna sabalenka east past in straight since. there was also a straight set win for last year positive eaten finalist. in the men s draw, carlos alcaraz of the men s draw, carlos alcaraz of the number one, looked supreme again, seeing offjeremy chardy in three. and any murray, now 36 and playing with that mid ....

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