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Transcripts For BBCNEWS World 20240704

Welcome news, but a long way to go. What happens now . Welcome news, but a long way to go. What happens now . Good morning. This is the first step what happens now . Good morning. This is the first step that what happens now . Good morning. This is the first step that does what happens now . Good morning. This is the first step that does indicate is the first step that does indicate they could be a socialist led government in the future weeks, but it was an inconclusive General Election with a hung parliament, so there is still a chance there will be a Repeat Election in a few months. Nothing is clear yet, but we know that might become certainty. We will see how this changes in the next few weeks. In principle there is a deal between the socialist. We will find out pretty soon. This is a deal between the socialist. We will find out pretty soon. Will find out pretty soon. This has all weighed will find out pretty soon. This has all weighed quite will find out pretty soon. This has all w

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Transcripts For BBCNEWS BBC 20240704

Plenty of questions, and here to offer some answers for the next half an hour or so are mike prendergast, leader of the conservative opposition on Sefton Council ballots have been cast over three days. There has been some vandalism and a number of arrests at Polling Stations, but the final result is not in doubt as mr putin has no credible opponent. It comes as supporters of the late opposition leader, Alexei Navalny,have urged people to turn out en masse at midday in each time zone and vote for any Candidate Other than mr putin or spoil their ballot papers. The Rolling Protest has been dubbed noon against putin. Icame to i came to vote for a man to make sure that our country prosperous and there is no fascism in any country, not in ukraine or any other part of the world. , not in ukraine or any other part of the world the world. Steve rosenberg is in moscow and the world. Steve rosenberg is in moscow and gave the world. Steve rosenberg is in moscow and gave his assessment this was pr

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Transcripts For BBCNEWS World 20240704

There will be a Repeat Election in a few months. Nothing is clear yet. We know that markets dont like uncertainty. We will see how it changes in the next few weeks. In principle, there is a deal between the socialists and the catalan party. If that extends to government, we do not know yet. We will find out pretty soon. This has all weighed quite heavily on spain in general, hasnt it . Talk us through some of the issues the country has been facing. Well, yes, at an economy level, spain is really struggling with unemployment, it is a structural problem, for the past few decades. It is the highest in all of the european union, between 11 and 12 . Especially Youth Unemployment is very high, around 20 . Is very high, around 28 . Also the highest in the eu. So the main struggle for any. The main challenge for any government is reducing unemployment. There has been progress in the past few years under the socialist led government. It has been reduced. But it still has a long way to go. Now,

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Transcripts For BBCNEWS World 20240704

A sharp fall in its net profit, slipping 25 in 2023 compared to the previous year. Aramco attributed the downturn to Lower Crude Oil prices and decreased production. The companys net income dropped from 161 billion in 2022 to 121 billion last year. Despite the challenges posed by declining oil prices, aramco will increase its dividend payments, providing a much needed financial boost to saudi arabia. Lets get more now from our middle east Business Correspondent sameer hashmi. With a big fall off in profit, why is it increasing its dividend . It its dividend . Is a steep fall compared to 2022. It is a steep fall compared to 2022. It is still the second best performance in terms of annual results at 121 billion. Two reasons why they increased the dividend pay out. Number one, Aramco Abbott is the main driver of the Saudi Arabian economy. Saudi owned entities own 19 of it and they rely heavily on that income to really find some these massive projects inside arabia. They tried to keep the

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Transcripts For BBCNEWS BBC 20240704

Many of the top awards. The budget the government unveiled on wednesday has left the Shadow Chancellor with a major headache. Jeremy hunt cut National Insurance by 2 pence for the second time in six months, as well as stealing two of labours revenue raising policies. The party had planned to use these to Fund Breakfast clubs in schools and reduce nhs Waiting Lists, if it wins the next election. Earlier, the Shadow Chancellor, Rachel Reeves spoke to the bbc s Laura Kuennsberg about how they plan to raise money now, and began by discussing her plans to create a National Wealth fund. Yes. We have committed to an extension of workers rights, including banning zero hour contracts, getting rid of fire and rehire and having a real minimum wage. Obviously, the low Pay Commission will set that, but this is a big extension of the rights of working people, because if an economy is not working for working people, its not working at all. And at the moment, too many people are stuck in insecure, pre

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