Favour over the past month. Weve seen sterling rise that will help temper the Price Pressures from imports. Weve also seen other pressures in the markets where theyve been raising some questions about the Bank Of Englands credibility, as in Mortgage Rates going up without decisions being made that has all calmed down, too. And the public s expectations of where inflation is going, which were really very high, have now begun to temper. So thats also going in the banks favour. But a crucial issue is that they have raised rates by 5 the impact of that has really taken some time to filter through into the economy, there is sort of turning the type of rate rises on. Turning the tap. We are beginning to see the impact of that now weve seen in the Housing Market, weve seen it in some corporate insolvencies too. So that all leads back to this Balancing Act between crushing inflation, but avoiding a downturn its a tight rope and we are probably approaching the most narrow, trickiest part of tha
rights and basic decisions than any court in recent history, and that s what i meant by not normal. that was president joe biden on msnbc yesterday reacting to rulings from the supreme court overturning affirmative action in college admissions. we ll break down these landmark decisions. meanwhile we re just a few hours away from two more major rulings from the high court, one of which addresses the legality of an executive action from the president. plus, we ll take a look how americans feel about the issue of affirmative action and the growing calls to expand the highest court in the land. good morning and welcome to way too early on this friday, june 30th. i m jonathan lemire. thanks for starting your day with us, and we ll begin this morning with the landmark decisions from the supreme court ending the systematic consideration of race-based affirmative action in college admissions. the court ruled that the programs at the university of north carolina and one at harva
some reporting for miranda devine s book about a payment, made by f.c., a chinese energy firm, to hunter biden sand th business associate, rob walker . you ve heard about himen. too and then colmer took it a step further, noting that the money was then sent directly to accounts associated with the biden woulds. you think that would be the end of major bombshells for the week, but wasn t the one wee that drug was droppedu are weeingay to laura, you simply won t believe at the end of this. i think we re goingsay theree there are probably six or seven biden family members that were involved in various w business schemes around the world.w wow. brot, weabout knew about hunte we knew about joe s brother, james . but colmer revealing it could me be six or seven biden familyrsm membernes is massive news.e of and last night we learnede un the identity of one of the unknown unknowns who got this money from china? bo s widow and hunter, his exexg girlfriend, howie biden,ir we know
let s start in china, where the latest figures just released show the world s second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid 19 restrictions in december. they also follow the easing of a three year crackdown on tech firms and property. lets get reaction from julian evans pritchard, head of china economics at capital economics. this is better than expected. most people are saying we re looking at 4% growth, give us your take on this number? really the strength is all about the consumer centre, we saw the vigors beads on the retail sales numbers are more generally in qrs or the household savings rates, so households are feeling more comfortable, households are feeling more comfortable, spinning again, they have comfortable, spinning again, they have the comfortable, spinning again, they have the possibility - comfortable, spinning again, they ha
Family members say they were not permitted to meet the men before they were killed. President Volodymyr Zelensky welcomes the announcement of the us supplying ukraine with Armoured Fighting Vehicles for the first time. Meanwhile, russias unilateral ceasefire appears to have had little effect on the front line. Youre watching bbc news. Now, its time for talking business. A hundred years ago, oil was the most sought after commodity. Today, its these chips that run the world. They provide the Processing Power for everything we use, from smartphones to aircraft and cars to microwaves. But the fight for who controls the Supply Chains, the network of companies that make these devices, is escalating. Translation we will focus on National Strategic needs l and pool our resources together to boost Cutting Edge Research in science and technology domestically, and resolutely win the battle in key technologies. So instead of relying on chips made overseas in places like china, the supply chain for