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Transcripts For BBCNEWS World 20240703

By an israeli airstrike. The Israeli Military has denied responsibility, saying the blast was caused by a failed rocket launched by the gaza based Militant Group Palestinian Islamic jihad. Us President Joe Biden is currently travelling to israel, but a planned Summit Injordan with arab leaders has now been cancelled. Biden s visit is designed to further demonstrate americas support for israel. The white house is saying the us is optimistic about getting humanitarian aid into gaza. On our website we have a live page that is constantly updating with the latest developments but now lets focus on the top Business Stories. Here in europe in a few hours we will be getting a clearer picture on where inflation is headed. For the uk and eurozone the latest data is out today and its hoped the cost of living crisis will continue to ease. In the uk the rate of inflation slowed to 6. 7 in the year to august. For the eurozone the latest estimate has inflation hovering around 4. 3 . For Central Banks

Dragon in Elephant's backyard: The Chinese South Asian debt trap

In the South Asian context, the external debt obligation to China has risen nearly sevenfold over the past 11 years, from $6.4 billion in 2012 to $42.9 billion in 2022

China, Sri Lanka forging stronger bonds

China, Sri Lanka forging stronger bonds

China, Sri Lanka forging stronger bonds Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

China, Sri Lanka forging stronger bonds