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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

are a clear and present danger to american democracy. after a second resignation in as many years, downing street says borisjohnson is looking at whether the role of an adviser on standards is needed after lord geidt stepped down last night. and the bank of england hikes up interest rates to a 13 year high and warns that inflation could hit 11%. tonight with the context, chief political commentator at the i newspaper paul waugh and former adviser to hillary clinton amanda renteria. welcome to the programme. we start in washington, where the third day of the january 6th committee hearings has just wrapped up. it s been focused on mike pence and connecting donald trump s intense pressure campaign on his vice president not to certify the election results with the violent intentions of the mob that stormed the capitol. democrat bennie thompson is chair of the committee. he spoke of the danger mike pence faced in his opening statement. we re fortunate for mr pence s courage onjanu

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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

a breach of the minesterial code. tonight with the context, the spectator s deputy political editor katy balls and the republican strategist doug heye. hello, welcome to the programme. we have lived through an era of record low interest rates. for years, it was cheap to borrow, while the money put away in savings accounts earned us very little in return. but things are changing. today, the us federal reserve set out an increasingly aggressive approach to monetary policy as it confronts the highest inflation in the united states forfour decades. in the last hour, it raised interest rates by 0.75% which is the biggest jump in rates since 1994. and that has implications for all of us. here s the chair of the federal reserve, jerome powell. the current picture it s plain to see. the labour market is extremely tight, and inflation is much too high. against this backdrop, today the federal open market committee raised its interest rate by 0.75% in anticipation of ongoing increases

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Transcripts For BBCNEWS BBC World News 20240707

a record breaking heatwave sweeps spain as temperature hit 43 degrees celsius. authorities are on alert for thje possibilty of wildfires. in the wake of russia s invaion of ukraine, nato shares it comcerns about vulnerable members in eastern europe, we have a special report on the extremely close encounters ith the russian military. encounters with the russian military. and, a buzz lightyear animated film, featuring a same sex kiss, is banned in 14 middle eastern and asian countries. hello and welcome. the first flight taking migrants who entered the uk illegally to be resettled in rwanda is set to leave today. about seven people are expected to be on board, although three of them are understood to be planning to appeal. the head of the un refugee agency said the policy set a catastrophic precedent. our home editor mark easton has the story. dozens more asylum seekers arrived on the kent coast today, 37 men who the government says should potentially face removal to rwanda

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