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Transcripts For BBCNEWS BBC World News 20240706

and viva new south wales the australian festival celebrating the king of rock and roll. hello and welcome. we begin int the us where the house of representatives has adjourned for a second day without electing a speaker, extending the paralysis at the heart of american politics. president biden said having a congress that can t function is embarrassing for the country. republican kevin mccarthy has been stopped six times so far by a group of hardliners within his own party who refuse to back him. our north america correspondent peter bowes says the deadlock shows no signs of letting up. after six rounds of voting where he is found to be elected speaker. 20 members of his own party on the right to the party were consistently voting against him and at the end of the day, on wednesday, with an adjournment, he gave the republicans an opportunity to meet behind the scenes, a private meeting, kevin mccarty and some of those in the group of twenty who have been holding up of twent

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Transcripts For BBCNEWS World Business Report 20240706

the us federal reserve ona charge! uk sales of electric cars overtook diesels last year for the first time. but it s still a long road to recovery for the auto industry. a wave of strike action, a growing cost of living crisis and huge pressure on health services just some of the problems mounting up for the uk this winter. so on wednesday prime minister rishi sunak used his first major speech of the year to promise to fix the uk economy. alongside pledges to tackle long waiting lists for medical treatment and stop illegal immigration mr sunak said he d slash the rate of inflation, restore growth and cut government debt. first, government debt. we will halve inflation this first, we will halve inflation this year to ease the cost of living and give people financial security. second, we will grow the economy, creating better paid jobs an opportunity right across the country. third, we will make sure our national debt is falling, so that we can secure the future of public ser

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