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FOXNEWSW Fox July 6, 2024

payment of $5 million to eligible black adults. at the payment are estimated to top $100 billion and that s much more than the cds $14 billion budget. and my saying is going to be a solution to fix all the social ills that racism created, no, but i think it could provide some economic equality is a city and as a country, definitely. san francisco is one of many cities considering reparations on a state level, california is home into the first in the nation state reparations task force, under its recommendation. $1.2 million. critics say reparations could be fiscally irresponsible considering california is facing $23 billion budget deficit. proposals, caused would be absolutely enormous. also in california, community leaders are pushing for reparations by family who were forced to move so that dodger stadium could be built back in the 1950s. majority of those displaced were latino families, as for the state reparation task force report, scheduled to go to the gov ....

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BBCNEWS World July 6, 2024

i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices w ....

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BBCNEWS BBC July 6, 2024

and congressional republicans met again on capitol hill. the two sides have untiljune 1st, just over a weeks time, to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses here in the us, a plunge on the stock markets, and even a global recession. in fact, stocks on wall street finished sharply lower at the close of trading on tuesday. despite this, optimism among leaders remains. white house press secretary karinejean pierre says a deal both sides can be pleased with is possible. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it is bipartisan, but also rea ....

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BBCNEWS BBC July 6, 2024

or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses in the us, and even a global recession. stocks on wall street finished sharply lower on tuesday. despite this, optimism among leaders remains. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get to a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it s bipartisan, but also reasonable. that s what you all can look forward to. for the latest on this story, i spoke to cbs news congressional correspondent nikole killion. has there been any movement in negotiations? not much movement at all. in fact, it seems like talks have once again hit an impasse, although both sides are still at the negotiating table to a certain extent. bu ....

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BBCNEWS BBC July 6, 2024

the world is at a crossroads, following russia s invasion of ukraine. his comments came as he welcomed leaders of the world s most advanced economies for the g7 summit ukraine will be top of the agenda. it comes hours after several cities including the capital, kyiv, were targeted in a wave of russian missile strikes. one person is known to have died in a strike on the black sea port of odesa, with two others injured. ukraine says its air defences shot down all but one of the 30 missiles. it was the ninth time this month that russian air raids have targeted the capital a clear escalation after weeks of lull and ahead us presidentjoe biden met japan s fumio kishida in hiroshima where they agreed to maintain sanctions against russia and support for ukraine. mr biden said he was proud that the united states and japan were standing together to face one of the most complex environments of recent history. i am nowjoined by michael bociurkiw who is a senior fellow, at the atlantic c ....

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