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Transcripts For BBCNEWS BBC News 20240707

cancellations. even when you re training isn t cancelled, you are often on a really, really packed service. and england s lionesses will face china and denmark at next year s women s world cup in australia and new zealand good afternoon. rishi sunak has become the first leadership contender to secure the public support of 100 tory mps that s the number needed to enter the race to be the next conservative leader and prime minister. but he s yet to announce publicly whether he will bid for the top job after losing to liz truss last month. meanwhile, borisjohnson has flown home from a caribbean holiday, as his supporters claim he now also has 100 mps backing him, although others have said this is hogwash.’ so far, penny mordaunt is the only contender to have officially launched a campaign. 0ur political correspondent damian grammaticas has more. are you running for the leadership? he was tight lipped this morning but rishi sunak clearly has a well of support among c ....

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Transcripts For BBCNEWS World Business Report 20240706

it s three years today since chinese state media reported the first recorded death from covid 19. since then the global economy has been under intense pressure, and now the world bank is warning it is close to falling into recession. in its latest economic forecast, the bank said after surging by over 5% in post pandemic 2021, growth in the world s richest economies is likely to slow sharply from 2.5% last year to just 0.5% this year, and debt caused by the pandemic will take decades to pay off. the bbc s north america business correspondent samira hussain reports from new york. the from new york. world bank expects the global the world bank expects the global economy to grow by 1.7% this year, much lower than the 3% originally predicted by the world bank back injune. now, a number of factors are being blamed. the continued war in ukraine continues to put pressure on global energy prices, and interest rates are rising in many economies to combat the high cost of living. ....

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Transcripts For CNN CNN Newsroom 20240707

hello. i m victor blackwell. welcome to cnn newsroom. four weeks before the election and cnn has a new poll for what americans think of their government right now. views of joe biden has improved over the summer. it s up to 44%, up from 38% in july. but the national outlook on the economy is still bleak. only 22% of americans rate economic conditions as good. most americans have no confidence that biden, congress, really the federal government as a whole, are doing enough to address the economy or the other major issues facing the country. cnn political director david tallian is here to break down the new numbers. let s start with the approval rating. 44%, better than july. still not where he wants to be, under water right now. how could this impact the midterms? take us through the numbers. here s the 44%. you d rather be on the uptick than the decline. biden will take this. but it s not necessarily where a president would like to be this close to the midterm elect ....

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Transcripts For BBCNEWS BBC News 20240707

the #bbcyourquestions no outright winner in the brazilian election left wing candidate luiz inacio lula da silva and right wingerjair bolsonaro will go to a second round run off. an investigation s underway after at least 125 were killed in a crush at a football match in indonesia one of the world s worst stadium disasters. the king and queen consort will undertake their firstjoint public engagements today since the end of the period of royal mourning for the queen. and, meet mr doodle the man from kent who makes his living from doodling and has covered his whole house in drawings. hello and welcome if you re watching in the uk or around the world. the government has this morning performed a huge u turn and abandoned its plan to scrap the 45 pence top rate of income tax. the announcement, from chancellor kwasi kwarteng , came just a day after the prime minister liz truss backed the policy. in a statement, mr kwarteng said the 45p tax plan had become a huge di ....

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Transcripts For BBCNEWS BBC News 20240707

good evening and welcome to bbc news. it s been a tough day that s how the chancellor began his speech to the party faithful at the conservative party conference this afternoon. it follows a dramatic u turn this morning when the government suddenly dropped its plan to scrap the 45p top rate of income tax. only yesterday, the prime minister had insisted the tax cut would stay except in scotland. but now kwasi kwarteng says criticism of the measure had become a huge distraction that had drowned out other measures announced in the government s so called mini budgetjust 10 days ago. his change of heart followed mounting opposition among tory mps to the tax cut. our political editor, chris mason, reports. first thing this morning, things are moving. and fast. the planned tax cut for the highest paid is being junked. the government has blinked. it was an ambitious plan, and we talked to lots of people up and down the country. i saw the reaction. we considered what t ....

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