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Transcripts For BBCNEWS Asia 20240704

Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not

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Transcripts For BBCNEWS Newsday 20240704

And vehicles. It could take ten days to learn the full death. An review has been ordered into whether residents were given sufficient warning about the fire. It appears some early sirens never sounded. There are also questions over the speed of the emergency response. Lets go to Helena Humphries who is live in maui. They really have their work cut out for them. Out for them. The latest billin out for them. The latest billing from out for them. The latest billing from the out for them. The latest | billing from the governor out for them. The latest. Billing from the governor is the death toll has climbed again now to stand at 99 fatalities. 99 lives lost and of course rescue teams and Recovery Teams continue to comb through the rubble. They fear the death toll they say could potentially double and at the same time they have the challenge of looking after those people who have simply lost everything, of getting military in eight of them and providing shelter, food, clean drinking water.

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Transcripts For BBCNEWS BBC 20240704

You can see that from the scarf. How are you feeling, how is the excitement building out there . ,. , ~ is the excitement building out there . ,. , ~ ,. , there . Look, the nerves are shattered. There . Look, the nerves are shattered, feeling there . Look, the nerves are shattered, feeling a there . Look, the nerves are shattered, feeling a bit shattered, feeling a bit nauseous but very excited for what you said would be an epic game. It is the biggest game in history of football in australia, for any mens or womens team, ourfirst womens team, our first semi final and womens team, Ourfirst Semi Final and who better to go against then the lionesses. You never need against then the lionesses. You never need an against then the lionesses. You never need an excuse for the australia england rivalry, as the atmosphere like, since some of the fans, seems to be fantastic . It of the fans, seems to be fantastic . Fantastic . It is nuts, ive never seen fantastic . It is nuts, ive never seen anyt

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Transcripts For BBCNEWS World 20240704

England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised because Petrol Prices rose over the month but it should be a big versus last month because the energy price comes down in the monthjuly. This should be another step down i

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Transcripts For BBCNEWS World 20240703

We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market

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