I strongly disagree with fitchs decision, and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data, and fails to reflect improvements across a range of indicators, including those related to governance that weve seen over the past 2. 5 years. Other democrats used the downgrade as an opportunity to point the finger at republicans for their role in the recent debt limit fight. While republicans blame joe biden and democrats for trillions of dollars in new spending. Many economists dismiss the downgrade, including Jp Morgan Chase ceo jamie diamond, who called it ridiculous and said that the decision ultimately didnt really matter. And he may not be wrong. Us treasuries, that is government ious, remain the bedrock of the Global Financial system, despite this latest knock to the reputation. Expectations are high that it will raise rates again. If so, it could take the cost of borrowing up to a 15 year high. Consumer inflation has come down more than expected
Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor Howard Schultz in march,
and a foster family was found at this farm near helston where she could have her litter of seven pups in peace and quiet. things aren t perfect for her. she definitely still has a long way to go, but coming to a nice, quieter environment than being in kennels has been fantastic for her. she has come along really well and the next stage will be keep feeding and growing the puppies and when they are old enough we will find them all homes. and roo as well. but for now, she is really happy here, she has settled well. with tens of thousands of dogs in uk rescue centres, the national animal welfare trust says roo s story is an important reminder to think before getting a pet. voice over: for more stories from across the uk, head to the bbc news website. hey, i m zof with the catch up! tonight wet weather, big wins forjamaica
staff at the rescue centre named the nervous collie roo and a foster family was found at this farm near helston where she could have her litter of seven pups in peace and quiet. things aren t perfect for her. she definitely still has a long way to go, but coming to a nice, quieter environment than being in kennels has been fantastic for her. she has come along really well and the next stage will be keep feeding and growing the puppies and when they are old enough we will find them all homes. and roo as well. but for now, she is really happy here, she has settled well. with tens of thousands of dogs in uk rescue centres, the national animal welfare trust says roo s story is an important reminder to think before getting a pet. voice over: for more stories from across the uk, head to the bbc news website. hey, i m dylan with the catch up. tonight, lioness success. the war in ukraine.
she wouldn t go anywhere, particularly with men but with everyone, basically. staff at the rescue centre named the nervous collie roo and a foster family was found at this farm near helston where she could have her litter of seven pups in peace and quiet. things aren t perfect for her. she still has a long way to go, but coming to a nice, quieter environment than being in kennels has been fantastic for her. she has come along really well and the next stage will be keep feeding and growing the puppies and when they are old enough we will find them all homes. and roo as well. but for now, she is really happy here, she has settled well. with tens of thousands of dogs in uk rescue centres, the national animal welfare trust says roo s story is an important reminder to think before getting a pet. voice over: for more stories from across the uk, head to the bbc news website.