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Transcripts For BBCNEWS BBC World News 20240706

to former gang members. and chelsea win a place in the last eight of the champions league. we will have that and all the latest stories. good to have you with us. we have a very busy programme for you. so let s get started. here in the uk, the prime minister rishi sunak says he s up to the fight to bring in new legislation that would detain and deport people arriving by boat to claim asylum. it comes as the un refugee agency says it is profoundly concerned by the plans that it says would breach the un refugee convention and undermine britain s humanitarian tradition. our political correspondent ian watson has more. as the boats keep coming, so the political problems keep growing. rishi sunak it is trying to turned the tide. if this new law does not stop the boat, will he have failed? it boat, will he have failed? if we get this right, it will make a difference. we are in the early stages but we have given it long hard thought and as i said at the beginning of the year, i only

Transcripts For BBCNEWS World Business Report 20240706

and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sport sh

Transcripts for BBCNEWS World Business Report 20240604 05:30:15

Transcripts for BBCNEWS BBC World News 20240604 05:30:15

Transcripts for BBCNEWS World Business Report 20240604 05:37:00

twitter to hire more staff. according to a report in the financial times, brussels is concerned about the company s plan to hire more volunteers and artificial intelligence to help moderate the social media platform. the eu wants more human moderators and fact checkers to review posts. here in the uk, the rmt union has called off planned strike action at network rail on 16th of march, after receiving a new pay offer. rmt members at network rail will have a referendum on the updated offer. however as things stand, workers at 1a other train operating companies will still take industrial action on the 16th of march. let s focus on the trade war between the us and china now, because as you ve been hearing washington is ramping up the pressure on chinese tech giants such as tiktok. late on tuesday senators from both republican and democratic parties presented a bill that would give more power to president biden to ban chinese apps if they

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