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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Biggest levels forfour decades. president vibe touting his efforts to boost growth and reduce the deficit. reduce the deficit. bringing down the reduce the deficit. bringing down the deficit reduce the deficit. bringing down the deficit is - reduce the deficit. bringing down the deficit is one - reduce the deficit. bringing down the deficit is one way i reduce the deficit. bringing i down the deficit is one way to ease inflationary pressure on the economy the consequences of war and oil and food it is a different world this moment. fighting inflation is thejob of the american central bank which raised the cost of borrowing by half a percentage point with the features saying more hikes of the same size would likely at the next two meetings. would likely at the next two meetin95- would likely at the next two meetinus. ., ., , . meetings. inflation is much too hiuh. we meetings. inflation is much too high. we understand meetings. inflation is much too high. we understand hardship

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Transcripts for BBCNEWS World Business Report 20240604 04:48:00

Years. so they are actually very significant players in this area. it is also worth remembering that, actually, there has been a chronic underinvestment in our own or germany in particular is relying on russian oil and gas, or has been up to this point. so there is an argument that you do need to still invest in non renewables, in hydrocarbons, not just non renewables, in hydrocarbons, notjust in energy transition, but i completely get you. that pressure is going to increase, given the huge levels of cash that they are now generating. they will certainly be under a lot of pressure. thank you, anna. there is results coming out at 7am, uk time, in about an hour ini2 out at 7am, uk time, in about an hour in 12 minutes. stay with us on bbc news. stay with us on bbc news, still to come: why your dog s name won t cut it any more it s time to brush up your online security for world password day.

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