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Transcripts For BBCNEWS World Business Report 20240706

let s update you on the fallout following the collapse of silicon valley bank. injapan today shares in its biggest banks have dropped sharply as global markets react to the banking sector sell off in the us. despite a promise from us president biden that his government would do everything needed to maintain stability. on monday americans were lining up outside their branches to access their funds. some venture capitalists in california were seen taking out their money in cashier cheques worth millions of dollars. the volatility sparked by the collapse of svb has led to speculation the federal reserve will now pause its plans to keep raising interest rates, designed to tame inflation. our north america business correspondent, michelle fleury, reports from new york. what the hammock in the us banking sector means for the broader economy is to be seen but it s taking calculations about how america s fight against inflation maeve plouffe. economists at goldman sachs no longer exp

Transcripts For BBCNEWS Breakfast 20240706

in decades, jeremy hunt wants get millions of those seen as economically inactive back working. how? i ll have the details. and former england rugby player tom youngs speaks to bbc breakfast for the first time since his wife died from blood cancer lastjune. the loneliness probably the one which really gets you. and which really gets you. and which really -ets you. you think, i will rin- someo but and you think, i will ring someone, but it s and you think, i will ring someone, but it s still and you think, i will ring someone, but it s still not the same as having but it s still not the same as having someone there to talk to. we are having someone there to talk to. are gearing having someone there to talk to. - are gearing up for the opening day of the chelsea festival mac cheltenham festival, the highlight of the british jump cheltenham festival, the highlight of the britishjump racing calendar. it is a cold start to the day, a risk of ice on untreated surfaces, a

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