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BBCNEWS BBC World News June 4, 2024 04:16:00

Jones, bbc news. and do stay with us, because in the business news, we ll be discussing just how italy moves forward with its debt mountain that is now at around 2.5 trillion euros. that s larger than the combined debt of spain, portugal, greece and ireland stay with us on bbc news, still to come: rare film footage shows the oldest moving images of one of america s most famous cities. radio: i see you coming down the ladder now. i that s one small step for man. ..one giant leap for mankind. a catastrophic engine fire is being blamed tonight. for the first crash - in the 30 year history of concorde, the world s only supersonic airliner. it was one of the most vivid symbols of the violence and hatred that tore apart ....

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BBCNEWS World Business Report June 4, 2024 04:37:00

Seeing this very much in the united states as well. starbucks is one known company that has unionise pretty well and managed to galvanise support. an increase their bargaining powers when it comes to negotiations with employers. thank you victoria. could europe be facing a new sovereign debt crisis, like the one which threatened the existence of the euro currency a decade ago? italy has seen its borrowing costs surge on the bond markets after prime minster mario draghi offered to resign, with his coalition government close to collapse. as head of the european central bank, he was credited with saving the euro by giving financial support to struggling greece, portugal, ireland and spain. but now, following the pandemic, italy s own debt has spiralled to 2.5 trillion euros more than the four others put together, and far too big for a bailout. lorenzo codogno is a former senior official at the italian treasury and now runs ....

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BBCNEWS World Business Report June 4, 2024 04:30:00

This is bbc news with the latest business headlines for viewers in the uk and around the world. summer of discontent. the uk faces a wave of strikes if staff don t get the pay rises they need, warns the boss of the biggest private sector union. 2.5 trillion euros in the red could italy tip europe into a new sovereign debt crisis? long covid for the world s number two economy. china s growth rate slumps after weeks of lockdowns in its major cities. plus oiling the wheels. president biden heads to saudi to push for more oil but is there anything left in the pipeline? ....

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