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Transcripts For BBCNEWS World 20240705

make their last minute pitches across the state. this is the second in a series of state by state contests with donald trump and nikki haley fighting for their party s presidential nomination. that prize will pit them against the democratic choice in november, almost certainly presidentjoe biden. but with a cost of living crisis hitting many americans what are these two candidates saying about economic policy? dr thomas gift is director of the centre on us politics at university college london good to see you again. when it comes to policy it is hard to find what these two are saying at the moment? it find what these two are saying at the moment? at the moment? it is terrific to talk to at the moment? it is terrific to talk to you at the moment? it is terrific to talk to you as at the moment? it is terrific to talk to you as always. - at the moment? it is terrific i to talk to you as always. there is not a whole lot of discussion in terms of policy about the us economy

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Transcripts For BBCNEWS Verified 20240705

funerals are being held for the 2a soldiers killed in israel s deadliest day since the war began in gaza. there has been intense fighting around khan younis, israel says it has surrounded the southern gaza city. could i hostage deal close, though? reports that israel has proposed a two month pause to negotiate prisoner exchanges with himars. the us and uk carry out joint strikes against houthi targets in yemen for the second time in two weeks. hamas. and oppenheimer leads the oscar nominations with 13 but barbie s margot robbie and director greta gerwig miss out. time for a look at the business news now with lu kwesa burak. it afternoon, lukwesa. could afternoon. good afternoon. we start here in the uk with the government s finances because the amount it had to borrow last month was far less than expected. that has raised hopes the chancellor, jeremy hunt, may have extra room to cut taxes when he announces his spring budget in march. a lot of it is down to lo

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Transcripts For BBCNEWS World 20240706

the global monetary pivot that was what some commentators were declaring on wednesday, after the us federal reserve said it had probably finished raising interest rates, and signalled it was planning to start cutting them next year. but clearly, neither the european central bank nor the bank of england got the memo. they left their rates on hold and said it was too early to talk about cutting them. in fact, here in the uk, three members of the bank of england monetary policy committee actually voted to raise the interest rate above its current level of 5.25%. the bank is worried that inflation the rate that prices are rising is still not under control. our economics editor faisal islam reports # last christmas, i gave you my heart.# liverpool s christmas market the festive spirit is here, but little sign of a marked upturn in the economy. people here continuing to have to cope with new surges in the cost of living, even as inflation slows. i sold my car last week. car

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