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Transcripts For BBCNEWS Asia 20240702

and the premier. michael clarke is an expert on australia china relations from the university of technology sydney and i asked him what prime minister albanese s priorities are in china. the key goal certainly on this visit and in the near term is what has been termed stabilisation of the bilateral relationship, so what this means in practice i think is, from the australian perspective, is achieving some short term wins in a way, so further winding back on a number of the efforts of trade coercion and economic coercion that china imposed around three years ago on australia on a range of australian commodities. so that is kind of the short term goal for the prime minister. how much of an impact did those trade tarrifs have on australian economy and businesses? the majority of the trade tariffs really targeted what you might term discretionary items within the bilateral relationship. you know, live lobster exports, the some australian wine industry as well and obviously the

Transcripts For BBCNEWS World 20240702

one of the biggest financial frauds in american history that s how a new york prosecutor described the actions of sam bankman fried, the former cryptocurrency boss, who, in the last few hours, has been convicted of defrauding investors. as you ve been hearing, mr bankman fried was arrested a year ago, when his cryptocurrency exchange, ftx, and his investment fund, alameda research, went bankrupt. prosecutors said he had used money stolen from ftx customers to prop up alameda and to fund his lavish lifestyle. after a month long trial, a jury agreed. late on thursday, they found him guilty of all seven counts of fraud and conspiracy. as the bbc s erin delmore explains, the collapse of ftx and the crimes of bankman fried are posing all kinds of uncomfortable questions for the crypto industry. after more than four weeks in court, thenjust four and after more than four weeks in court, then just four and a half hours of deliberations, a jury half hours of deliberations, a jury

Transcripts For BBCNEWS Verified 20240702

gaza through the rafah crossing. the number of people allowed in is very small but we understand that egypt will keep the rafa crossing border open until they evacuate 7000 people. rishi sunak is giving a news conference now saying that like minded countries had reached agreement on testing new artificial intelligence models before they are released. more than all of those headline stories in a moment. firstly, let s get the business news from the day. ben thompson is here. hello, matthew. we will start with news here in the uk. uk interest rates have been left unchanged for a second consecutive month remaining at their highest level for 15 years. the bank of england held rates at 5.25%. up until september, the bank had raised rates 14 times in a row to tame soaring inflation which has been squeezing households. it has led to increases in mortgage payments but also higher savings rates. the governor of the bank of england, andrew bailey, warned of the risk of energy instabi

Transcripts For BBCNEWS The 20240702

and have made significant progress. video footage from both sides shows israeli tanks and troops pressing towards gaza city. after the border was open for a second day. the hamas run health ministry says more than 9000 people have now been killed in israeli strikes on the gaza strip. israel began its bombing campaign in response to hamas designated a terrorist organisation by the uk government who murdered moo israelis on october 7th. here s our international editorjeremy bowen. a warning his report contains images many will find distressing. more evidence that nowhere in gaza is safe. israel hit bureij refugee camp. for days, israel has been ordering civilians in gaza to move south for their own safety. bureij is inside the area where they were told to go, and thousands of displaced people were sheltering there. the un human rights office has said that so many civilians have been killed and wounded in israeli air strikes that it has serious concerns that these are dispro

Making over a Black neighborhood — is this time different?

Making over a Black neighborhood — is this time different?
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