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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

former foreign policy adviser to the eu nathalie tocci, and from chevy chase, maryland, joel rubin, who served in the 0bama administration as assistant to the secretary of state. hello, welcome to the programme. in a significant escalation of the war in ukraine, vladimir putin has ordered the partial mobilisation of reservists. 300,000 russians with military experience will be sent in to defend those parts of ukraine that russia still occupies. in a much anticipated address to the nation, the russian president said he was ready to use all means at his disposal, including nuclear weapons, to defend the territorial integrity of russian occupied land. it follows a string of embarrassing defeats in eastern ukraine, where the russians have lost over 1000 square miles of territory they had captured. most signifanctly in the north around kharkiv, but also now in the south around kherson, the only city they fully control. the russians intend to hold a referendum this weekend in f

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Transcripts For BBCNEWS World Business Report 20240707

profits but the money is rolling in as it benefits from high interest rates. and qatar looks to cash in on the world cup to boost its economy we have a special report from doha. financial markets reacted calmly as it emerged that rishi sunak is set to be the uk s next prime minister. the pound is broadly unchanged against the dollar and government borrowing costs stayed lower after commons leader penny mordaunt dropped out of the leadership race. but the new prime minister inherits a daunting in tray with the cost of living crisis soaring energy prices and rising inflation. not to mention the war in ukraine and brokering a good relationship with europe. our business correspondent theo leggett has more. the news that rishi sunak is the new leader of the conserve the new leader of the conserve the party and will therefore become the next prime minister of the uk is something international investors seem to have taken in their stride. there has certainly been no return to th

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Transcripts For BBCNEWS World Business Report 20240707

but most staff think it is. so who s right? we ll be hearing from the ceos of microsoft and linkedin. a new era for britain. that is how the new finance minister chancellor of the exchequer kwasi kwarteng is billing his plan for boosting the uk economy. mr kwarteng will be announcing the full details in the coming hours. but we already know the direction of travel. cut taxes, rip up regulations, and encourage more investment by the private sector. the government s already confirmed massive support for households and businesses to limit soaring energy bills this winter to be paid for by more borrowing. but some critics have questioned the affordability of the plan. and others argue lower taxes will do little to help the poorest in society. coletta smith reports. we will sit in here. i will brin: we will sit in here. i will bring it we will sit in here. i will bring it over we will sit in here. i will bring it over for - we will sit in here. i will bring it over for yo

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Transcripts For BBCNEWS World Business Report 20240707

hello there. let s start with news that has broken in the last hour the formerjapanese prime minister, shinzo abe, has been taken to hospital after apparently being shot while delivering a speech in the city of nara in western japan. he s said to be unconscious. local media reports say a sound like a gunshot was heard at the time. a male suspect has been detained. there is a press conference that will happen very shortly and when we get any new lines on this story, will bring them to you immediately. local reports say shinzo abe, former prime minister ofjapan, prime minister of japan, longest serving prime minister ofjapan, longest serving prime minister ofjapan, has been shot as in a state of cardiac and respiratory arrest. uk business groups fear the country could face weeks or months of political paralysis amid a deepening cost of living crisis, if boris johnson remains as britain s caretaker prime minister while a successor is found. the confederation of british industr

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