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Transcripts For BBCNEWS World 20240706

i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th

Transcripts For BBCNEWS World 20240706

this latest ceasefire $245 million in aid to help support people fleeing the violence. i m ben thompson. let s start in the uk where the cost of living crisis is showing some tentative signs that it is starting to ease slightly. the latest rate of inflation for the month of april has fallen to 8.7% now that s still very high and above the 8.2% rate that many economists forecast, but still a significant drop compared to the over 10.1% rate we saw last month. double digit inflation that had been in place since august last year all well above the bank of england 2% target hitting a peak at 10.4% in february, before slowly coming down. this latest figure is the sharpest drop since the cost of living crisis began. but growing cost of food still remains very high. as you can see here, food prices increased by 19% in april and havent yet come down from their peak. making it difficult for people to feel better off right now. joining us now is simon french, chief economist at p

Transcripts for BBCNEWS World Business Report 20240604 04:39:00

samsung and sk hynek saying that they have experienced their own economic coercion at their own economic coercion at the hands of beijing s.- the hands of bei ing s. thank ou for the hands of beijing s. thank you for summing the hands of beijing s. thank you for summing that - the hands of beijing s. thank you for summing that up. - the hands of beijing s. thank| you for summing that up. we will keep a close eye on the developments on that. now let s take you to barcelona next, which is one of the most popular tourist destinations in the world, famous for the sagrada familia basilica as well as its bars and restaurants. but for many local residents, the city has simply become too popular and tourism is now a major challenge. as barcelona holds a local election on sunday its status as a tourist magnet has come under scrutiny. guy hedgecoe is there for us. another day, another cruise liner docks in barcelona harbour. around 400,000 cruise passengers disembark here each month. the city

Transcripts for BBCNEWS Politics Live 20240604 10:39:00

but for many local residents, the city has simply become too popular and too much tourism is a problem. as barcelona holds a local election on sunday its status as a tourist magnet is under scrutiny as guy hedgecoe reports. another day, another cruise liner docks in barcelona harbour. around 400,000 cruise passengers disembark here each month. the city of gaudi s modernist architecture and of lionel messi s football feats is also a major tourist hub. visitor numbers have returned to close to pre pandemic levels. ten million people visited barcelona in 2022. but many locals don t like the impact tourism is having. noise, crowded streets and unaffordable housing arejust some of the problems it causes.

Transcripts for BBCNEWS World Business Report 20240604 13:37:00

cruise liner docks in barcelona harbour. around 400,000 cruise passengers disembark here each month. the city of gaudi s modernist architecture and of lionel messi s football feats is also a major tourist hub. visitor numbers have returned to close to pre pandemic levels. ten million people visited barcelona in 2022. but many locals don t like the impact tourism is having. noise, crowded streets and unaffordable housing are just some of the problems it causes. translation: touristsj end up occupying public space, and that pushes us residents elsewhere. there are so many tourists that the residents don t spend time here in the centre of town. it really makes you sad.

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