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Transcripts For BBCNEWS World Business Report 20240707

kingdom is a country that pays its wa . . kingdom is a country that pays itswa. . , its way. playing catch up. euroe its way. playing catch up. europe braced its way. playing catch up. europe braced for - its way. playing catch up. | europe braced for another its way. playing catch up. - europe braced for another big rise in interest rates as the central bank battle soaring inflation. still losing friends on wall street. matter shares inflation. still losing friends on wall as eet. matter shares inflation. still losing friends on wall as the. matter shares inflation. still losing friends on wall as the owner er shares inflation. still losing friends on wall as the owner of ;hares inflation. still losing friends on wall as the owner of facebook slump, as the owner of facebook instagram suffers slump, as the owner of facebook in stagram suffers eeet ww m» slump, as the owner of facebook in revenues. iffers eeet ww f 7 w.-. . . m7 slump, as the owner of f

Transcripts For CNN CNN Newsroom Live 20240707

united states and all around the world. i m max foster. just ahead on cnn newsroom. republicans adjudicating this. we are still in this fight. ush whether i you expect a white bout in the mid-terms. mr. depape specifically targeted the pelosi home to confront speaker pelosi. it s hard to disconnect that from the incendiary nasty violent rhetoric. they will stay in these streets and continue to do things like block traffic on major highways. announcer: live from london, this is cnn newsroom with max foster and bianca nobilo. the mid-term elections are just a week away now. the vote will decide which party controls congress and right now republicans are confident they ll win. according to the latest projections they have the edge over democrats in the house but in the senate it s a much closer race. reporter: the battle for control of the united states senate. we ll bring that up, red, solidly republican, blue, solidly democrat. we see pink, light blue l

Transcripts for CNN CNN Newsroom Live 20240604 08:36:00

it s well ahead of expectations and forecasts. it s food and energy. energy prices rose more than 41% year on year. that was acceleration. as you noted, prices up some 13%. all of this is compounding these events that we ve been seeing over the last few months. now this grain deal has the suspension of it by russia has the power to make things worse. it s worth noting that this was not happening in a vacuum. yes, this war has made inflation worse. before it started in february of this year inflation in both the u.k. and eu was close to 6%. in the u.s. it was close to 6%. this is because of the supply bottleneck, the fact that demand was outdating supply in a lot of areas. that would have started to abate and growth would have accelerated the services. the war and the acceleration as a result of that have put pay to those sort of silver linings we might have seen.

Transcripts for BBCNEWS World Business Report 20240604 04:38:00

solve supply bottleneck constraints. solve supply bottleneck constraints. , , . ., constraints. very difficult to manage- constraints. very difficult to manage. the constraints. very difficult to manage. the central - constraints. very difficult to manage. the central banks| constraints. very difficult to i manage. the central banks do not have the power they would hopeful but in terms of inflation in europe, so many people are trying to predict when it is going to peak or if it has peaked. your thoughts on that? ~ ., it has peaked. your thoughts on that? ~ .. ., , .., it has peaked. your thoughts on that? ~ .. ., , ., that? what we have seen so far is the energy that? what we have seen so far is the energy component - that? what we have seen so far| is the energy component coming down quite quickly, look at the price of natural gas in europe and also look at the price of oil, but in an environment shaped by supply constraint going beyond the energy market, we are actually expec

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