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BBCNEWS Outside Source July 6, 2024

and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had i ....

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CNN State of the Union With Jake Tapper and Dana Bash July 7, 2024

joins me in moments. plus, the party in power. americans feel burnt out over the state of the country as november s midterm elections take shape, do democrats have a winning message? i ll speak to the newly minted democratic nominee for governor josh shapiro, ahead. good morning. i m dana bash in washington where the state of our union is feeling anxious. president biden is in japan on his first trip to asia after taking office. as he tries to focus on his international agenda, problems are piling up back home. the first planes from operation fly formula arrive today as the administration scrambles to get baby formula back onto u.s. shelves. but the white house still has not offered a time frame for when families would begin to see the effects of these measures. anyone watching their 401(k) friday might have regretted looking as the markets continue their longest selloff in decades, dipping briefly into bear market territory and increasing concerns for some that t ....

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CNN State of the Union With Jake Tapper and Dana Bash July 7, 2024

and the future gop. as republican governors prepare for a world without roe, republican candidates are looking more and more like donald trump. arkansas governor asa hutchinson joins me in moments. plus, the party in power. americans feel burnt out over the state of the country as november s midterm elections take shape, do democrats have a winning message? i ll speak to the newly minted democratic nominee for governor josh shapiro, ahead. good morning. i m dana bash in washington where the state of our union is feeling anxious. president biden is in japan on his first trip to asia after taking office. as he tries to focus on his international agenda, problems are piling up back home. the first anes from operation fly formula arrive today as the administration scrambles to get baby formula back onto u.s. shelves. but the white house still has not offered a time frame for when families would begin to see the effects of these measures. anyone watching their 401(k) f ....

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BBCNEWS Outside Source June 4, 2024 20:10:00

The uk s post pandemic economic recovery has been sluggish. as we can see from this graph, it s the only g7 economy that is still smaller than before the covid pandemic, even after growing 4% last year. here s mr. hunt on how he plans to change that. i delivered that today by removing obstacles that stopped businesses investing, by tackling labour shortages that stop them recruiting, by breaking down barriers that stop people working and by harnessing british ingenuity to make us a science and technology superpower. so as we ve heard mr. hunt wants to boost productivity by getting people back into the workplace. with incentives like extended childcare and changes to pension tax. the cost of childcare in the uk is among the most expensive in the world, third only to switzerland and new zealand. at the moment, the average full time nursery place ....

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BBCNEWS Outside Source June 4, 2024 19:10:00

Recovery has been sluggish. as we can see from this graph, it s the only g7 economy that is still smaller than before the covid pandemic, even after growing 4% last year. here s mr hunt on how he plans to change that. i delivered that today by removing obstacles that stopped businesses investing, by tackling labour shortages that stop them recruiting, by breaking down barriers that stop people working and by harnessing british ingenuity to make us a science and technology superpower. so, as we ve heard, mr hunt wants to boost productivity by getting people back into the workplace, with incentives like extended childcare and changes to pension tax. the cost of childcare in the uk is among the most expensive in the world third only to switzerland and new zealand. at the moment, the average full time nursery place for a child under two costsjust under £15,000 or $18,000 a year. ....

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