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Transcripts For BBCNEWS World Business Report 20240706

after banking shares saw sharp falls on monday. the sell off continued in asia with japan s largest banks also seeing heavy losses. shares of mufg, miz uho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around %90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who s an international investment banker, founding partner at brigg macadam. talk to me about the perception of rate rises being not only part of the cause of this but also now the federal reserve having a rethink about what it does for the cost of borrowing given what we have seen in the banking sector. great borrowing given what we have seen in the banking sector. t

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Transcripts For BBCNEWS BBC News 20240706

i had my first cancer diagnosed about six or seven years ago. that waiting time is very, very hard. i don t think until you have been through it, you can actually understand it. despite the walk out, some hospitals are able to continue with some routine operations, but it is a mixed picture. the full impact on cancellations will not be known for a few days. one thing we re seeing that is different from other strike days is that demand for care has been sustained. in previous strike days, we saw that drop. it means the nhs is trying to keep things going, it was already overstretched, but it has fewer resources at its disposal. the government says the bma s pay claim is completely unaffordable. it s urged officials to call off the strike and enter into pay talks along with other health unions in england, and help bring this ongoing dispute to an end. katharine da costa, bbc news. new employment figures showjob vacancies in the uk have fallen for the eighth time in a row. the of

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Transcripts for BBCNEWS World Business Report 20240604 14:44:00

the chancellor, jeremy hunt, is expected to supply a few reasons more. there s been no let up in demand during the junior doctor strikes according to the group that represents nhs trusts in england. nhs providers says the pressure on the health service remains high despite the 72 hour stoppage the biggest strike in the history of the nhs. the three day strike began yesterday morning, and will continue until 7am on thursday morning. here s our health correspondent katharine da costa. if you re underpaid and know it, say fair pay. fair pay! out on the picket lines for a second day in what is described as the most extensive nhs strike yet. like thousands of others across england, thesejunior doctors at st thomas in london say years of pay erosion has led to this. every day is a battle, i fire fight and i have had to reduce my hours because of burn out. now, because i am less than full time, i can t

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Transcripts for BBCNEWS BBC News 20240604 15:40:00

new employment figures showjob vacancies in the uk have fallen for the eighth time in a row. the official figures come a day ahead of wednesday s budget when the uk s chancellor, jeremy hunt, is expected to set out plans to encourage people back into work. the number ofjobs on offer between december and february fell by 51,000 compared with the three months before. the unemployment rate remained at 3.7%, low by international standards. there s been no let up in demand during the junior doctor strikes according to the group that represents nhs trusts in england. nhs providers says the pressure on the health service remains high despite the 72 hour stoppage the biggest strike in the history of the nhs. the three day strike began yesterday morning, and will continue until 7am on thursday morning. here s our health correspondent katharine da costa. if you re underpaid and know it, say fair pay. fair pay! out on the picket lines for a second day in what is described as the most extensive

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Transcripts for BBCNEWS BBC News at One 20240604 12:02:00

it is very likely that covid restrictions will end in england on the 19th ofjuly. the prime minister said another five million vaccinations would be completed by then, allowing life to go back to as it was before the pandemic as far as possible . mrjohnson was speaking following talks with his new health secretary, sajid javid, who returned to the cabinet following matt hancock s resignation on saturday. the prime minister has also been defending how he handled mr hancock s departure as our political correspondent jonathan blake reports. a new face on the front line of the government s response to the pandemic. sajid javid med at st thomas as possible hospital in london this morning after replacing matt hancock resigned as health secretary on friday. but some say he should have stepped down sooner or that the prime minister should have sacked him. one cabinet minister said in the end matt hancock to the right thing. he said in the end matt hancock to the riaht thin. , said in the

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