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Transcripts For BBCNEWS Newsnight 20240705

including nadine dorries and a leading peer are expected to be censured by the committee they called a kangaroo court . the privileges committee is about to point the finger at serving mps and a peer, alljohnson allies, for contempt of parliament. nick has the story. yes, strong criticism of those parliamentarians and a process that could lead to punishment. we re joined by an ally of the former prime minister. also tonight, in the thames water bucket, they ve got a massive financial hole, as the company which supplies a quarter of the uk population is in danger of collapse. how did it happen? we are going to break the door down, it is up we are going to break the door down, it is up to we are going to break the door down, it is up to you. we we are going to break the door down, it is up to vom it is up to you. we will explain what is happening it is up to you. we will explain what is happening as - it is up to you. we will explain what is happening as soon - it is u

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Transcripts For BBCNEWS World 20240705

historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflation ha

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Transcripts For BBCNEWS World 20240705

price of these items. greetings, j thank you for having me. as you mentioned, the food prices index, the climb compared to it, the decline was modest, around 2% but what is important is that the decline which we observed last march in march 2022 was over 22%. so what is behind it? let s remember that the food price index includes quotations of bulk commodities so on this international level bulk commodities, the markets depending on the specific commodity, remain relatively balanced supply and they are often quite stable. we have noticed a decline in the cereal prices when the maize and wheat prices when the maize and wheat prices decline while on the other hand rice prices increase. so it means the supply generally is quite steady while the demand remains steady. i would like to mention the case of sugar which has been, unlike other commodities, increasing recently. this is because of relatively tight conditions on the global markets and concerns about la nina on production.

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