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Transcripts For BBCNEWS The 20240705

also on the programme. pretty sure we know which sidejoe biden is on. he is in south carolina this hour, pitching more money into solar and renewables. how does science respond? we will talk about the role of ai in all that. and whether uk scientists will have a seat at the biggest table. speculation today that britain might be ready to rejoing europe s multi billion dollar horizon project. brian taylor, former political editor of bbc scotland. he is pro indepence. maura gillespie, former deputy chief of staff and communications director for congressman adam kinzinger and former adviser to speaker of the house of representatives, john boehner. lets that with this debate over oil and gas production. the boss of energy giant shell says we need to continue to keep on dreaming. in an interview one speaker suggested we still need to discuss because we are not moving fast enough towards renewable energy. the reality is that the energy system of today continues to desperately need o

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Transcripts For BBCNEWS World 20240705

here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a

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Transcripts For BBCNEWS Verified 20240705

match of the day sees andy murray face stefanos tsitsipas. there s a host of grand slam champions elsewhere too and keeping across it all at the all england club is chetan pathak. chetan, bring us up to speed. the rain going on with the death first and second round matches played this in time but the sun is out in tennis is relentless. cheer on centre court behind me when liam brody the british wildcat he was a upset last year is playing casper ruud who is the fourth seed who has reached three of the last four grand slam finals and brodie has levelled things up and is two set since heading to a shoot out on centre court and whoever wins the deciding set will be in for the third round and other casper ruud is not a natural glass course player and his biggest success have come in a different court and he says he is still figuring out at the surface but the whole crowd is getting behind him. he beat british world champion before. three time grand slam champion is through to the

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Transcripts For BBCNEWS Asia 20240705

earths just days ago. i think she really wants as she said to get communications open. we are trading a lot with china, china depends on the us, us depends on china but at the same time, security and geopolitical interests are coming into conflict. i would say it is a little bit like good cop bad cop, blinken being the bad cop and now yellen going in as the good cop trying to say, look, we have a lot in common, let s see what we can do together, but boy, back home in the united states, both the democrats and the republicans are bashing on china, trump put in tariffs on hundreds of billions of chinese goods and president biden, who has reversed every trump policy he can, has kept that one. but despite those cooling tensions, the trade between the two have actually been growing but of course just ahead of her visit, beijing announcing those export controls on rare metals, also introducing some new laws on foreign relations and counterespionage and so on. is beijing playing ha

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Transcripts For BBCNEWS World 20240705

and ukraine to national security and an ongoing trade dispute. what s at stake? let s speak now to the duncan wrigley, chief china plus economist at pantheon economics. talk to me about trade because we know they don t see eye to eye on politics but they are also hugely dependent on each other for business. what is at stake in this dispute? business. what is at stake in this disute? ~ , ., dispute? absolutely. the two countries dispute? absolutely. the two countries are dispute? absolutely. the two countries are meshed - dispute? absolutely. the two countries are meshed in - dispute? absolutely. the two l countries are meshed in terms dispute? absolutely. the two - countries are meshed in terms of trade flows, although the us has been trying to at least develop some of the more critical industries at home, like electric vehicles. at stake here is both countries are trying to put a bottom under the relationship which has been deteriorating the last few years and, i think w

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