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Transcripts For BBCNEWS World Business Report 20240706

let s update you on the fallout following the collapse of silicon valley bank. injapan today shares in its biggest banks have dropped sharply as global markets react to the banking sector sell off in the us. despite a promise from us president biden that his government would do everything needed to maintain stability. on monday americans were lining up outside their branches to access their funds. some venture capitalists in california were seen taking out their money in cashier cheques worth millions of dollars. the volatility sparked by the collapse of svb has led to speculation the federal reserve will now pause its plans to keep raising interest rates, designed to tame inflation. our north america business correspondent, michelle fleury, reports from new york. what the hammock in the us banking sector means for the broader economy is to be seen but it s taking calculations about how america s fight against inflation maeve plouffe. economists at goldman sachs no longer exp

Transcripts For BBCNEWS BBC News 20240707

near the capital kyiv. concern over the whereabouts of an iranian climber who disappeared after not wearing a headscarf. france prepares for widespread disruption as oil industry workers and transport staff go on strike in a dispute over pay. the uk government are seeking to change the law to prevent their military pilots from training the chinese armed force. up to 30 former uk military pilots are thought to have gone to train members of china s people s liberation army in exchange for large sums of money. and. a happy birthday to the bbc! it s 100 years old today making it the world s longest running national broadcasting organization. hello and welcome to viewers in the uk and around the world. liz truss says she will not be stepping down as prime minister, despite her premiership hanging by a thread after her new finance minister ditched most of her economic policies. in an interview with the bbc, ms truss apologised for what she called mistakes over the past six we

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