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Transcripts For CNBC Closing Bell 20240712

Upping its offer for an aid package to 1. 8 trillion, President Trump tweeting go big a positive development on the covid treatment. Gileads treatment helps infected people recover five days faster than average and tech stocks are outperforming as a massive deal is in the work the week capping it off with a bang. Absolutely. The russell 2000 is up 6. 4 for the week the dow is currently positive for the year as a whole, just. Lets get to the stimulus news in washington and the reaction to it. Bob basketball has a look inside the market rally ylan moi, and Dana Peterson from the Conference Board bob, lets start with you on this very nice end to a strong week. Good news and bad news, will. Good news is, s p is up about 3 on the month the bad news is i am seeing a little bit of an inversion of the stimulus play today. Thats concerning if you are a believer in stimulus remember the stimulus play, bicyclicals materials and banks and industry and energy and go light on technology. That was wo

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Transcripts For BBCNEWS BBC News 20240714

Failed to gain overall control in either place. Chaos at hong kong airport as protestors cause flights to be delayed and cancelled. In half an hour, Charlotte Callen investigates an innovative scheme uses mentoring and education to help young drug dealers break out of a life of crime. Good evening and welcome to bbc news. The minister in charge of preparations for a no deal brexit, michael gove, has refused to say whether the government would abide by legislation designed to stop the uk leaving the eu without an agreement. A Cross Party Group of mps will introduce a law intended to block no deal, when parliament returns from its summer recess this week. The shadow brexit secretary, sir keir starmer, described mr goves comments as breathtaking. Heres our Political Correspondent, iain watson. Hey, ho, borisjohsons got to go a weekend of protests on the streets. A week of rebellion at westminster lies ahead. Save our democracy stop the coup these demonstrators want the suspension of Parli

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Transcripts For BBCNEWS BBC News 20240714

Good evening, welcome to bbc news. Hurricane dorian has become the strongest storm in modern records to hit the northwestern bahamas. The Us National Hurricane center said dorian made landfall in the abaco islands as a category 5 storm, with maximum sustained winds of 185 Miles Per Hour and gusts of more than 220 Miles Per Hour. In the abaco islands as a category 5 storm, with maximum sustained winds of 185 Miles Per Hour and gusts of more than 220 Miles Per Hour. Hurricane dorian is expected to pound the islands with up to two days of torrential rain, high waves and damaging winds before it takes aim at the us mainland. The National Hurricane center has tweeted a warning about a catastrophic storm surge of 18 to 23 feet which will affect the abaco islands during the next few hours. They have urged people to seek elevated shelter immediately. Heres the state minister for grand bahama, kwasi thompson. And i want to go through the list so that everyone is clear. If you have, if youre in

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Transcripts For BBCNEWS BBC News 20240714

And a landmark case at the uk Supreme Court. Judges consider whether Boris Johnson acted unlawfully in suspending parliament. The main challenger to the israeli Prime Minister, Benjamin Netanyahu, has said he would work towards a government of National Unity after tuesdays general election. Exit polls suggest benny gantz centrist alliance is slightly ahead of mr Netanyahus Likud party, with neither winning enough seats to form a government. From tel aviv, the bbcs jeremy bowen reports. Israeli tv exit polls showed no decisive victory for any side. The votes will be counted through the night, but it could take weeks of coalition horsetrading before the next government and Prime Minister emerge. The election has been a referendum on Benjamin Netanyahus last ten years in office. He is israels longest serving Prime Minister. His main rival is retired general, benny gantz, from the blue and white party. Some of his supporters fear he was politically naive not to press harder on corruption c

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Transcripts For BBCNEWS World News Today 20240714

Destroyed an israeli tank. Hello and welcome to world news today. Hurricane dorian has made landfall in the bahamas as the worst ever storm to hit the islands. The latest pictures were getting show the hurricanes effects already being felt on the bahaman abaco islands. The Us National Hurricane centre has warned of catastrophic conditions with winds of 260 kilometers an hour, and storm surges of up to seven metres high. Heres bbc weathers nick miller. It looks like the worst Case Scenario for the bahamas as Hurricane Dorian moves in with its destructive winds. Of course, it has strengthened. You can see the eye on the satellite picture, always an indication of the power of a hurricane. Its slow moving, too, and that means its destructive winds last longer, along with the rain. Huge amounts of rainfall. And a storm surge. The amount of water above normal tide level coming to the bahamas, particularly the northern islands, the abaco islands into grand bahama. Now, after the bahamas, wher

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