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Transcripts For ALJAZ NEWSHOUR 20240713

bushfires burned across eastern australia prompting a record number of emergency warnings. in support calls from a multiple olympic and world champion for athletes the union or its is an effort to unify the best athletes from around the world sit out the boys we hear from triple jump legend christian tell you about this new initiative. protests in hong kong are mourning the death of a student who fell from a building during a demonstration on monday 22 year old child she died of his injuries on friday where people have gathered for a vigil at the cop park where he fell students have been at the forefront of months of protests in hong kong there are fears child s death could spark more unbiassed sarah clarke has the latest from hong kong. the hospital confirms the student s death on friday morning chachi luck suffered a brain injury after falling from a car park during a protest on monday but after 2 operations he died of a cardiac arrest was of course. the family wants to tel

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Transcripts For MSNBC Andrea Mitchell Reports 20240708

from the day she entered you in until thehe day she left, she tried to stick up for people who were leftfo out and left behind and in spite of all of its imperfections and wets all know them, i m very grateful that the peace is held in bosnia for now more than 26 years. b we see her legacy honored here by the presence of the vice president ofre colombia where madeleine believed being a good neighbor was dealing with a country that was the oldest democracy in south america where the land was then under the control of the narco traffickers with plan colombia and just a few years later, the 50th anniversary of the inter-america development bank was held inte medellin, formerl the drug capital of the world. she believed in that.al she believed in the integrity of all the former republics of the soviet union and i believe the president of i georgia is here todayen and i m very grateful f that. i m grateful that she was an aggressive voice, supporting vice president gore and we wer

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Transcripts For BBCNEWS Verified 20240704

quite simply they are doing this because of inflation and the rate of price increases and the international comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. the bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and mortgage holders and also those ran singh. also a warning from the bank also those renting. they said the rates will be high for a while, they are expecting inflation to meet the target of the prime minister, to

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Transcripts For BBCNEWS BBC 20240704

and in the euro area, where wholesale energy prices feed through more directly to consumer prices. where there is more uncertainty is around the time it will take the other non energy components of the consumer price of consumer price inflation to come down as well. price inflation for food and non alcoholic beverages has been very high, but it does appear to have peaked. and as you can see in this chart, there are signs in the monthly figures that it has started to ease. and evidence collected by the bank s regional agents suggests that a moderation in food inport prices is being passed through the supply chain to consumer prices. so we do expect that food price inflation will come down gradually over the rest of this year. the shadow chancellor has said the interest rate rise we ve seen today is another hammer blow to families who are seeing their mortgages increase. rachel reeves said that the government needs to force the banks and lenders to do more to mortgage holders

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Transcripts For BBCNEWS BBC 20240704

pain it also causes. the background to this is high inflation, we have a sequencing that around the world, particularly sticky, or at least has been here in the uk. that is why the bank has been increasing interest rates to try and curb the spending and get that inflation rate down. should they continue to do that today, on the one hand, we have an inflation rate in the uk that has been easing a little, and when you dig into some of the details, to look at producer price inflation, thatis look at producer price inflation, that is further down the supply chain, that is the price is that manufacturers and factories might be paying, suggestions are it could be coming down quite significantly now. on the other hand, headline inflation, 7.9%, still four times the bank of england s 2% target. when you strip out energy and food, which can be equally volatile core inflation, they are still not falling by enough, wage growth remains quite high as well, and then there are wage comparis

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