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Transcripts For BBCNEWS BBC 20240701

this is bbc news, the headlines: president putin warns the war with ukraine will continue until russia achieves its aims. he s holding his first major news conference since the war started. the republican led us house of representatives votes to formally authorise an impeachment inquiry into president biden. and the uk s spy agency gchq reveals its annual brainteaser for schoolchildren. let s ta ke let s take you to belfast. can you tell us what happened today and some of the background? it relates to bloody sunday, 30th january 1970 two, one of the worst incident during the conflict in northern ireland known as the troubles and many people were killed and one of the most significant and have a conflict developed lasting from the late 19605 to the conflict developed la5ting from the late 19605 to the late 19905. 13 people were shot dead by the british army, by members of the parachute regiment at a civil rights demonstration at londonderry, the second biggest city in norther

Here s what we can learn from Canada s response to inflation in the 1980s and 1990s

The real question in the minds of many economists is what the trend in inflation will be going forward, and when interest rates will begin to fall and bring relief to Canadians.

Letters: The Bank of England is losing credibility under Governor Andrew Bailey

SIR – Andrew Bailey, the Governor of the Bank of England, has said that wages are too high to hit inflation targets (report, February 2). Once again, Mr Bailey shows scant regard for cause and effect, basic economics or natural human behaviour.

BIS chief says central banks on cusp of holy grail: a soft landing

The world's biggest central banks may be on the verge of securing the holy grail of monetary policy: an economic soft landing, despite the sharpest interest rate hikes in decades, the head of a central bank umbrella group said on Monday. Nearly all central banks increased interest rates at break-neck pace to combat a post-pandemic inflation surge, raising fears they would crash economic growth, destroy jobs and push up unemployment along the way. "Economic activity has remained surprisingly resilient, bolstering confidence that economies might be posed for a soft – or at least soft-ish – landing scenario," Agustín Carstens, the General Manager of the Bank for International Settlements said in a speech in Basel.

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