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despite winning a confidence vote is mario draghi about to once more resign as italy s prime minister? and the lionesses of england roar into the semifinals of the euros after a nailbiter against spain. hello and welcome. president biden has used a visit to massachusetts to issue the latest stark warning on the threat posed by climate change. the us president is using executive powers to usher in measures, including offshore wind farms and expanded flood control. with a heat dome now affecting 28 states, the us is the latest country to swelter with high temperatures. here s our north america correspondent peter bowes. with searing temperatures across much of america it feels like a climate emergency, from new york city to las vegas more than 100 million people being under excessive heat warnings this week. in parts of texas and oklahoma temperatures have topped 46 celsius. joe biden s comments came after a visit to a former coal fired coal plant in massachusetts now b ....
we start here in the uk where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as you ve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk with a result expected in september. whoever wins could mean a very different approach to the economy. truss says you cannot tax your way to growth she is proposing more than 30 million pounds in immediate tax cuts. sunak wants to delay the tax cuts until inflation is under control. borrowing your way out of inflation , he says, isn t a plan, it s a fairytale . the economic challenges facing the next prime minister are huge. last month, the rate of inflation hit 9.4% the highest rate for a0 years driven by a leap in the price of fuel, and also of basic foods like milk, cheese and eggs. our economi ....
hello and welcome. celebrations have been taking place in sri lanka after gotabaya rajapaksa became the country s first sitting president to quit. he did so after months of angry protests over the rapidly rising cost of living, and shortages of food and fuel. the delay in handing over his letter of resignation was, it seems, to do with his flight from the maldives to singapore. from colombo, rajini vaidyanathan reports. a moment to savour, after months of struggle. now there s joy. these demonstrators had one key demand, that the man they blame for their economic woes resign. tonight, president gotabaya rajapaksa did. protesters say they are celebrating what represents a victory for people power. it s the end of the rule of the rajapaksas, after a week of turmoil on the island. just yesterday, at the prime minister s office, security forces were overrun by protesters. it was one of a number of government buildings taken over by the masses. today, protesters handed it ba ....
hello there. we start with the cost of living crisis because the uk is facing a summer of discontent over pay, according to the head of the biggest private sector union. sharon graham, who runs the unite union, has told the bbc it s not militant to ask for pay rises in line with inflation, currently running at over 9%. she says tens of thousands of her members, from bus drivers to refuse collectors to factory workers, are involved in pay disputes around the country. this warning comes as railway workers announce more strike days over the summer. here s what she had to say to our economics editor faisal islam. before people turned around to workers and say to workers, not only have you got out and defended the pandemic, because it was key workers and ordinary people that did that, now it is over, we want you to pay for it. now that is actually abhorent to me. the idea that we set out you go, you defend what is going on out there and by the way, now you are back and e ....
To italy now where prime minister mario draghi looks set to resign after losing the support of his coalition partners. the eu s third biggest economy now faces elections and more uncertainty over its economic policy. italy is struggling under a debt mountain that has soared to 2.5 trillion euros during covid more than spain, portugal, greece and ireland put together. investors worry it s simply too big to bail out. lets go live to rome and professor michele geraci a former undersecretary of state at the ministry of economic development in italy. good morning to you. are you expecting mario draghi to resign today and it to be absolutely this is what is going to happen this morning. it will go to the chamber and ....