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Transcripts For BBCNEWS World Business Report 20240707

the cost of a shipping container has slumped since last year. is it a warning sign of a global recession on the horizon? well, we start here in the uk, if you can see me, i am at a slight distance. i m going to sit back down. the cameras aren t playing with us nicely this morning, so let s sit back down and we will start the programme again. let s pretend that didn t happen, shall we? 0k. welcome to the programme. we start in the uk whether has lodged a controversial new push for oil and gas exploration in the north sea. nearly 900 blocks are offered exploration with as many as 100 licences to be awarded. the government says it will burst energy security and support skilled jobs. but the decision is at odds with international climate scientists who say fossil fuel projects should be closed down, not expanded. it comes as households are warned they could face a rolling electricity blackouts this winter if problems with gas suppliers deteriorate further. national grid, overseei

Transcripts For BBCNEWS BBC News 20240707

it puts her in line to be the country s first female prime minister. iii country s first female prime minister. ., country s first female prime minister- country s first female prime minister. . ., ., minister. if we are called to govern this nation. minister. if we are called to govern this nation, we minister. if we are called to govern this nation, we will minister. if we are called to govern this nation, we will do minister. if we are called to govern this nation, we will do it minister. if we are called to govern this nation, we will do it for - minister. if we are called to govern this nation, we will do it for all - this nation, we will do it for all italians with a clear objective of uniting the people, of underline what unites it, rather than what divides it. and, nasa prepares to crash a probe into an asteroid to see how to stop a space rock from hitting earth. coming up later this hour how king charles helped save british farmhouse cheese. the value of

Transcripts For BBCNEWS BBC News 20240707

get on touch with me on twitter. a man is due in court this morning charged with the murder of nine year old olivia pratt korbel. another man is charged with assisting an offender. the king and queen consort will undertake their firstjoint public engagements today since the end of the period of royal mourning for the queen. an investigation s underway after at least 125 were killed in a crush at a football match in indonesia one of the world s worst stadium disasters. no outright winner in the brazilian election left wing candidate luiz inacio lula da silva and right wingerjair bolsonaro will go to a second round run off. the man who makes his living from doodling talks to us. good morning. the government has this morning performed a huge turn and abandoned its plan to scrap the 45 pence top rate of income tax. the announcement from chancellor kwasi kwarteng came just a day after the prime minister liz truss backed the policy. in a statement, mr kwarteng said the

Transcripts For FOXNEWS America Reports 20240707

in south carolina, and billions in new climate spending. bret: president biden will hit the road to promote the legislation but yet to see if vulnerable democrats appear alongside him. his poll numbers are around 40%. gillian: peter doocy is with us to kick things off from 1600 pennsylvania avenue. what part of this bill are officials hoping to highlight this afternoon? peter: it s not inflation reduction so far, gillian, even though it is called the inflation reduction act. instead the president is teasing this bill signing by highlighting the green impact. he tweeted the inflation reduction act will position america to meet my climate goals, saving families hundreds a year in energy costs and take advantage of clean energy and electric vehicle tax credits, more than twice the savings. the package was more than twice this size but even the slimmed-down version, the democrats in congress negotiated so it could pass, has republican colleagues nervous about what comes nex

Transcripts For BBCNEWS World Business Report 20240707

let s get down to business. as promised, we have more for you on the nato summit that will be getting under way in a few hours time. where, as you ve been hearing, finland and sweden have joined the alliance after turkey dropped its opposition against their membership. so, two of the hot topics at the summit are deciding whether russia or china is the biggest threat to world stability currently, and how to share the combined costs of defence security. members are expected to meet the nato target of spending 2% of gross domestic product on defence. the uk presently spends 2.1% of its gdp on security, but there have been calls for an increase after russia s invasion of ukraine. michael rowe is vice president of aerospace and defence at frost & sullivan. good morning to you, michael. first of all, finland, sweden joining nato. what does that mean in money terms? good morning- mean in money terms? good morning. when mean in money terms? good morning. when you - mean in money

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