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Transcripts For BBCNEWS World Business Report 20240707

the black sea and tackling the globalfood crisis. if you have justjoined us you are welcome and we begin in the uk with a brace to replace borisjohnson as conservative party leader is gathering momentum. on wednesday evening the shortlist of eight came sex, as former foreign secretaryjeremy hunt and the current chancellor nadhim zahawi were eliminated from the first round. by the end of next week, the list will be narrowed down to two names which will then go to the party boat with 60,000 members around the country for a final decision. the former chancellor rishi sunak got the most votes from conservative mps, he has criticised other contenders for offering fairytales on tax, saying cutting taxes now would stoke inflation. it is saying cutting taxes now would stoke inflation. stoke inflation. it is not credible stoke inflation. it is not credible to stoke inflation. it is not credible to promise - stoke inflation. it is noti credible to promise lots stoke inflation. it

Transcripts For BBCNEWS BBC News at One 20240707

to reduce travel disruption. nasa s new telescope delivers its first full colour image showing light from galaxies that are billions of years old. and coming up on the bbc news channel. england will find out later who they face in the quarterfinals after storming into the last eight with a record breaking victory over norway. good afternoon and welcome to the bbc news at one. sir mo farah has revealed he was trafficked into the uk as a child and forced to work as a domestic servant. the four time olympic champion told the bbc he was born hussein abdi kahin but was given the name mohamed farah by those who flew him from east africa with fake documents. he previously said he came to the uk from somalia with his parents as a refugee. our community affairs correspondent, adina campbell has the story. one of the defining moments of the london 2012 olympics. sir mo farah on olympic saturday. taking gold in the 10,000 metres, part of a record breaking career cementing his place in t

Transcripts For BBCNEWS Asia 20240703

Navigate . I these countries will have to navigate . These countries will have to naviate . , ~ ,. , navigate . I really think its a confidence navigate . I really think its a Confidence Game navigate . I really think its a Confidence Game at navigate . I really think its a Confidence Game at this navigate . I really think its a l Confidence Game at this point. We want consumers to continue to spend, we want firms to continue to invest. I think having some confidence that the rate cycle globally is near a peak, the us continues to put up peak, the us continues to put up good numbers, china has tweaked some of the measures in the Property Market. Its certainly not a disastrous story but it will probably come in poorly on growth and countries have to figure out how to navigate that given the particular circumstances. Not a terrible scenario but a bit weaker than we are used to do in this part of the world, where china was harrowing in the region and everyone else was pulled along. The r

Transcripts For BBCNEWS Asia 20240703

Numbers while the Major Economies are raising rates and chinas growing below its growth targets. Paul, what are some of the complex sort of Pressure Points that these countries will have to navigate as they forge ahead . Yeah, well, i really think its a Confidence Game at this point, right . So we want consumers to continue to spend. We want firms to continue to invest. So i think having some confidence that the the rate cycle globally is near its peak, the us continues to put up good numbers. Chinas been tweaking some of the measures over the past week in the property market. So its certainly not a disastrous story, but its probably going to come in with a Forehand Build this year on growth and countries are just going to have to figure out how to navigate that given their particular circumstances. So its not a terrible scenario, but its a little bit weaker than were used to in this part of the world where china was powering the region and everyone else was kind of pulled along behind

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