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BBCNEWS World Business Report July 7, 2024



hello and welcome. let s start with the war in ukraine, because the conflict has left millions stuck inside their homes without many crucial supplies. as a potential solution to the humanitarian crisis, uber has teamed up with the united nations world food programme to help it deliver emergency food and water supplies in war torn cities across ukraine. it s built the organisation a free version of the software it uses to co ordinate its own delivery services, and it s being trialled in the city of dnipro. the bbc s tech editor zoe kleinman reports. in some parts of ukraine, it s getting harder and harder to access food and water, but in a war zone, big delivery trucks can also be big targets, so now, the united nations world food programme is trying out a new way of delivering emergency supplies using a fleet of smaller vehicles. it s building its own delivery network using uber software and even some of its drivers. they can designate vehicles that they on board to the ....

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Turkiye inflation jumps to 85.51 per cent in October | Borneo Bulletin Online

ISTANBUL (AFP) – Turkiye’s annual inflation rate accelerated to 85.51 per cent in October, its highest level since 1997, official data showed yesterday, as President Recep Tayyip Erdogan has defended unorthodox policies to combat a cost-of-living crisis. Central banks worldwide are raising borrowing costs in efforts to tame soaring consumer prices, but Turkiye has bucked […] ....

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FOXNEWS Hannity June 4, 2024 01:17:00

The economy in the gutter and gas prices once again on the rise, look at this. the average of $6.41 in california. in nevada it s $5.51. $5.53 and washington is the average. $5.46 and oregon to name a few. now might be a good time for someone in the biden administration to show humility and admit their obvious mistakes and adopt trump s energy and independence policies. but that will never happen. listen to this exchange between peter doocy and karine jean-pierre from earlier today. you said the president was responsible for gas prices coming down. is the president responsible for gas prices going up? so, it s a lot more nuance than that. right, peter? you know this. there have been global challenges that we all have dealt with. of course the biden administration will not take responsibility for the gas crisis. they themselves caused it ....

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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:47:00

Have doubled. so people spending power is less. but historically even at 5.51%, they are still very low and still incredible opportunities. so i would not be discouraged by the rates. go out there, there are opportunities, the market is still moving and steady. got it. bess friedman, thanks for waking up early with us. thank you. and so diesel fuel is one of the many things in short supply in cuba and drivers there sometimes they have to wait in line for more than a week to fill up. patrick oppmann is on the ground in havana. reporter: the line for diesel in havana seems to go on forever and barely move. it takes days now for these drivers to fill up their tanks. yes, you heard that right, people wait here for days to get fuel. don t even think about leaving the line. not even for a second. ....

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FOXNEWS America Reports June 4, 2024 17:26:00

Middle class, the very group of people this administration says it s out to help the most. 30-year fixed rate loan, i know you watch this religiously and the housing market as well, as a result of the interest rates going up, the 30-year fixed rate, 5.51%, up from a week ago and nearly doubling now from a year ago. yeah, once inflation is embedded into the system it s incredibly hard to get it out. and inflation affects everybody. unemployment is bad, it s a terrible thing. even in a bad recession, unemployment may go 7, 8%. everybody is affected by rising prices, and they are hit particularly hard right now. inflation 9%, 9.1%, wages are growing an average of 5%. that means real spending power, your spending capability is declining at a rate of 4% a year, which is the sharpest decline in what economists call real wages in a decade. i put it in the full screen for our viewers, think about it, ....

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