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Transcripts For BBCNEWS BBC 20240706

ukraine s president volodymyr zelensky was among the first to arrive earlier this morning. he s been addressing delegates reiterating the russia is an aggressor and needs to be stopped. his says aside from peace, there are only two options for countries not in the eu and nato russian invasion. european country that borders russia and that does not want russia to tear it apart, should be a full member of the eu and nato. and there are only two alternatives to this either an open war or creeping russian occupation. we see what is happening in belarus. we see what is happening in georgia. we see how these nations are being dragged, although in different ways, into the same state of lawlessness. the talks are being held at mimi castle, in the wine region, a short distance from the capital chisinau, where our correspondent jenny hill is. jenny, very strong words there from the ukrainian leader and the message is really simply either back us or you will find yourself in a simi

Transcripts For BBCNEWS World 20240706

hello. i am tadhg enright with your top business stories. politics is leading business news today. as you ve been hearing, leaders of seven of the world s top economies are meeting in hiroshima, japan. but it s two that aren t attending that will be occupying most of their time. as well as new sanctions on russia, they will be focusing on china, and how to counter its increasing economic power. the bbc s nick marsh is in hiroshima for us. a huge focus on the sanctions against russia. but as we ve been talking about that already, i want to pick up another theme of these leaders using the economic pressure on china. what more can you tell us about the? china. what more can you tell us about the? you “ust call the elehant us about the? you “ust call the elephant not us about the? you “ust call the elephant not in us about the? you just call the elephant not in the us about the? you just call the elephant not in the room. - us about the? you just call the elephant no

Transcripts For BBCNEWS World 20240706

the economy is coping with the cost of living crisis when we get first quarter gdp figures in just over an hour s time. it s expected to have continued growing by 0.2% in the first three months of the year. hardly booming, but a far cry from the record breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts, saying the uk will now avoid going into recession. but it warned that the battle to get soaring prices under control is taking much longer than expected. the bank also raised its main interest rate again by 0.25%, to 4.5%. that s the 12th rate rise in a row, and it puts the cost of borrowing here in the uk at a 15 year high. the bank is trying to take spending power out of the economy to stop prices rising so fast. inflation is currently running at over 10% a year. that s the highest rate in a0 years, and five times the bank s target of 2%. our economics editor faisal islam reports. red gr

Transcripts For BBCNEWS BBC 20240706

the government confirms it is supplying ukraine with the long range missiles it requested for its fight against russian forces. and the australian immigration lawyer taking on eurovision tonight. at 6.30: concerns of how the cost of living crisis will make access to health care worse in london s poorest areas. and rail strikes make an unwelcome return tomorrow. we look ahead to semifinals. the bank of england has raised interest rates again, as it tries to stop prices rising so high. but the bank s governor has warned that prices will not fall nearly as fast they had predicted though he says the economy won t now go into recession. have a look at what has happened to interest rates over the past 15 years. these here were booming times before the financial crash. the economy was growing, there was a house price boom and the bank raised rates to try to damp it all down. and then this steep fall after the crash, with the bank of england trying to save the economy by slashing

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