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BBCNEWS BBC News July 7, 2024

the commonwealth games open in birmingham. more than 5,000 athletes from 72 nations and territories will compete over the next 11 days. welcome to world news america on pbs, in the uk and around the globe. we begin tonight with fears of a recession here in the united states figures out today showed the economy shrank for the second quarter in a row. prices for groceries and petrol are rising at the fastest pace in forty years. this comes after the us central bank on wednesday raised interest rates for the fourth time this year. but president biden says the underlying economy is still strong. let me just give you what the facts are in terms of the state of the economy. number one, we have a record job markets of record unemployment at 3.6% today. we created 9 million newjobs so far just as i ve become president. businesses are investing in america at record rates, that doesn t sound like a recession to me. joining us now is former economic adviser to barack 0bama and profess ....

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BBCNEWS BBC News June 4, 2024 21:00:00

I m laura trevelyan in washington, and this is bbc world news america. the us economy shrinks again but the president doesn t see a recession. for the second quarter in a row, us economic output falls, raising fears of a recession. but us officials say unemployment is still low. the us energy secretary tells us the new senate climate deal could finally enable america to lower carbon emissions. the us and chinese leaders talk by phone for a marathon two hours plus as tensions grow over taiwan. soldiers on the front line of the war in ukraine say they re doing better against russia thanks to the arrival of western weapons. kenya s elephants in danger. climate change is now more of a threat than poaching. ....

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