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Transcripts For BBCNEWS World Business Report 20240710

we start in the us where higher borrowing costs are on the way but not just yet. the federal reserve has brought forward its timeline for raising interest rates from close to zero, as the economy continues to recover and inflation creeps up. markets didn t like it more on that in a moment but first here s michelle fleury who has been listening to what fed chairjerome powell had to say. as predicted the federal reserve left its key interest rates unchanged near zero. but rates unchanged near zero. but rates could go up as soon as 2023. less than the latest economic projections from the bank. this was a stark change from the spring when fed officials did rates would stay near zero for that at least the next two years. the change of heart is a good sign that it believes the economy is healing. the central bank is forecasting growth of 7% in 2021, a from 6.5% in march. but with faster growth, down also expects higher inflation, upping its forecast of 3.4% for the last few mon

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Transcripts For MSNBC Andrea Mitchell Reports 20240709

they argue extensively that women are doing very well in this era. and in response to that we hear forcefully from the solicitor general saying this is a fundamental right and we cannot take away fundamental rights without good reasons and she does an excellent job taking away the cases that justice kafr kavanaugh speaks about the issue. how do you see this and what are we going to see going forward? what will happen? how long will they take? the attorney general continued to make the case saying this is like the brown vs. board of education. and he concluded by saying this. this is not brown versus board of education. this is the opposite of brown. it over ruled one of the maybe worse supreme court cases that was so fundamentally intentioned with our nation s ideals. it said we don t leave that up to a majority vote. we get into the thicket and say this is off of the table. justice cavanagh was saying let s leave this up to the people. let s not dirty our hands on deci

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Transcripts For BBCNEWS BBC World News 20240707

russia is to stage its annual victory day parade but it s hello and welcome. vladimir putin is to attend russia s annual victory day parade in moscow this morning as he attempts to rally public support for the war in ukraine. the event commemorates the anniversary of the soviet victory over nazi germany in 1945 and will feature 10,000 troops and an air display. but president zelensky said russia had forgotten everything that was important to the victors of the second world war. frances read reports. what had been a place of shelter now a burning ruin with 60 dad, and air strike, school in bilohorivka in the east of ukraine, another reminder but nowhere here is off limits. 60 nowhere here is off limits. 60 dead. in the south, the azovstal steelworks in the europol under intense shelling by russia. the plant is the only area of the city not controlled by russian forces, 2000 ukrainian soldiers our thoughts to still be in there. president says his does not have the heavy w

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Transcripts For BBCNEWS Verified 20240704

knock on effects are substantial. and our other big story, prosecutors in spain have opened a preliminary investigation into spanish fa president luis rubiales kiss on the lips of playerjenni hermoso on grounds it could constitute a crime of sexual assault . the spanish football federation is also currently meeting now. we ll have more on this story in a moment. but first a technical issue has hit air traffic control systems across the uk. in the last half hour, britain s national air traffic service has released a statement with an update. it says that the issue affecting the flight planning system this morning has now been identified and remedied. and they are now working closely with airlines and airports to manage the flights affected as efficiently as possible. monday marks the close of a holiday weekend here in the uk, so it s usually a very busy day for flights. airports across the country are currently facing delays and cancellations. airports in edinburgh, mancheste

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Transcripts For BBCNEWS BBC 20240704

for a landslide victory in an election where it ran virtually un opposed, after the main opposition party was disqualified. hello i m vishala sri pathma. greek police say 19,000 people have been evacuated from homes and hotels on the island of rhodes, as wildfires continue to burn out of control. it s said to be the biggest such operation greece has ever carried out. these are pictures from one village in rhodes where houses have been destroyed. three hotels have reportedly burnt down, and many others are in the danger zone. these are some of the latest pictures coming into the bbc newsroom you can see cars have been burnt out alongside buidings and vegetation right up to the sea. many people spent the night in temporary accomodation like this. while others waited in public buildings like halls and schools. the fires have been burning for five days now. the country s deputy fire chief says the blazes in rhodes are the most difficult greece is facing. the budget airline, jet

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