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BBCNEWS World Business Report July 7, 2024

let s get down to business now. in just a few hours, the federal reserve america s central bank will make a decision on interest rates. it s pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 60%. and this is not a uniquely american problem. great prices are soaring around the world. the federal reserve, like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating r ....

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BBCNEWS Unspun World with John Simpson July 7, 2024

hello and welcome to unspun world, the programme where we get the in depth views of the bbc s experts. this is the heart of kyiv in ukraine. it was a lot quieter here when i was last in the city, before the russian invasion, and although there haven t been any attacks on kyiv recently, there is still a curfew in place and every now and then, you hear the sound of air raid sirens. there have been reports of russian nuclear missiles being moved by train deep inside russian territory, though this sort of thing has happened before. but given that the ukrainian forces are pushing back the russians in southern and eastern ukraine, everyone is trying to work out what president putin might do next. absurdly enough, the day after he declared that four areas of ukraine were now an indissoluble part of russia, it became clear that russia doesn t actually control the entirety of any of those four areas, since ukraine has been busy recapturing some of the territory it has lost. but ....

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BBCNEWS BBC News at Six July 6, 2024

than 30 books has died at the age of 90 books. and a thrilling finish at the pdc world darts championships as england s michael smith triumphs for the first time. and coming up in sportsday later on the bbc news channel. we ll have reaction to the death of the west ham co owner david gold who has passed away after a short illness at the age of 86. good evening. the prime minister has focused on the nhs, the cost of living and the economy as he set out a fresh vision for his government with five pledges to voters. mr sunak promised to halve inflation, grow the economy, reduce debt, cut waiting lists and stop illegal channel crossings. the government has been under huge pressure on the nhs and the prime minister said reforms were coming and that something has to change. labour called him the do nothing prime minister and said the country is entitled to ask, is that it? 0ur political editor chris mason reports. we have had thousands and thousands of pounds of business lost over ....

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BBCNEWS BBC News at Ten July 6, 2024

and our other main story tonight. a special report from bakhmut in eastern ukraine the site of fierce fighting from which almost all the city s residents have fled. we are walking over shards of glass. pretty much every second you hear the sound of artillery fire. you can tell every minute this city is being intensely fought over. sir. tell every minute this city is being intensely fought over. intensely fought over. sir, you do not have the intensely fought over. sir, you do not have the votes intensely fought over. sir, you do not have the votes and intensely fought over. sir, you do not have the votes and it s - intensely fought over. sir, you do not have the votes and it s time l intensely fought over. sir, you do| not have the votes and it s time to withdraw not have the votes and it s time to withdraw. ., ., , ,, ., , , withdraw. chaos in the us congress as republican withdraw. chaos in the us congress as republican rebels withdraw. chaos in the us co ....

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BBCNEWS BBC News July 7, 2024

chief political correspondent nick eardley. this is another big moment, nick. another prime minister. it is this is another big moment, nick. another prime minister. this is another big moment, nick. another prime minister. it is a huge moment, joanna, another prime minister. it is a huge moment, joanna, partly another prime minister. it is a huge moment, joanna, partly because . another prime minister. it is a huge i moment, joanna, partly because rishi moment, joanna, partly because rishi sunak is someone who will come into this office with some of the biggest challenges that any prime minister in modern history has faced. i said that several weeks ago in downing street when liz truss took over but the challenges that this is scenic is going to face have only gone up over the past few week set the challenges that rishi sunak is going to face. he has to try and steady the ship economically and we have a rough idea of how he wants to do that because he has talked a ....

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