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Transcripts For BBCNEWS Business Today 20240723

Ended on friday. The Futures Markets are indicating they could open higher today after a rough week. Reuters is reporting that pricing on a Trump Victory with betting firms has fallen. He still remains favourite, but the race is now seen as closer. Lets speak to jane foley, head of foreign Exchange Strategy at rabobank here in london. Last week, when it appeared that Donald Trump was in Pole Position to retake the White House, Market Sentiment went up. What do you think the mood will be like today . It is very little different today. There hasnt been a huge market reaction. That is because we dont really know how kamala harris s Endorsement Byjoe Biden will affect polling results. She is still to officially gets the nomination or appoint a vice president. Does she have the time or the support to win the White House . We will have to wait to see how the bulls play out over the next few weeks and months to see whether trump is in that Pole Position or not. That is what is going to determ

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Transcripts For BBCNEWS BBC News 20240723

Intends to earn and win the nomination. Mr biden withdrew on sunday, saying hed taken the decision in the best interests of his party and the country. The Democrat Leader in the senate, chuck schumer, called Mr Biden a true patriot who had put americas future first. Mr biden s endorsement of his Vice President , Kamala Harris, as the president ial nominee has received support from many senior democrats. For his part, Donald Trump told the us Network Cnn that he thought Kamala Harris would be easier to defeat in Novembers Election Thanjoe biden. Breaking news, President Biden dropping out of the 2024 race, endorsing his Vice President , Kamala Harris. Despite the weeks of Mounting Pressure on him to step aside, Joe Biden had been holding firm. But he abruptly abandoned his campaign on a sunday afternoon. Reaction toJoe Biden dropping out of the race. As News Channels went into overdrive. In a written statement, he said. The last time the president was seen in public, having caught covid

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Transcripts For BBCNEWS BBC World News 20240711

Rising tensions over russias military Build Up next to ukaine President Biden suggests a summit to russias President Putin. Lockdown legends a Rolling Stone and a Foo Fighter Call for some optimism as the pandemic eases in the uk. Hello and welcome. The us, South Africa and the European Union are to temporarily suspend the rollout of Thejohnson Johnson Covid jab, after reports of rare blood clotting. The american health authority, the fda, said six cases were detected among more than Six Million americans who received the single dose vaccine. Johnson johnson said it has paused its eu rollout. Heres our medical editor fergus walsh. An abundance of caution was cited by us Health Officials as the reason why they paused the use of the single shotJohnson Johnson Covid Jab. The vaccine, which in europe is branded as janssen, was approved in the us in late february. Since then, there have been six incidents of very rare clots in the brain, out of 6. 8 million doses. So less than one case per

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Transcripts For BBCNEWS World Business Report 20240711

What are your Travel Plans . Do you hope to go overseas sometime soon . Lets start with international travel, because the industry has been at a standstill since lockdowns were introduced in many countries. People in england have been told they can start thinking about booking foreign holidays again this summer with the earliest possible Date 17th may. A Traffic Light System has been proposed with green countries safer to visit and red those with the highest risk from covid. The costs of tests before and after travel are seen as a big obstacle to foreign tourism resuming. Of what it makes of the plan. Joining me now is axel hefer, the Chief Executive of trivago. Welcome to the programme. I dont know if you have had a chance to look at the ideas in the uk about traffic like system, what are your thoughts . It is a complicated situation, honestly, because the uk is further ahead in the programme compared to continental europe. So the structure will help but the key thing that is holding

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Transcripts For BBCNEWS World 20240705

and the rate of core inflation which strips out volatile items like food and fuel is actually going up. rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. the bbc has been hearing from some of them. rebecca from greater manchester, craig in cambridgeshire, and rose who lives in hampshire. just three homeowners out of hundreds of thousands of people facing a huge rise in their mortgage costs over the coming months. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends, and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go on to variable and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact on our- expenditure and has an impact on the family as a whole. rose has already been cutting costs on

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