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BBCNEWS World July 5, 2024



and months of negotiation. and in fact, the deal was meant to expire today. they ve now got an entirely new deal which will carry them through for another nine months. and as you say, it s going to be about three billion usd, which is more than they were expecting if they d managed to negotiate the end of the last deal. so that is a relief. but at the same time, lots of analysts that i ve been speaking to have also emphasised the fact that this is reallyjust patching up just for now, it s a sticking plaster to be able to get pakistan through to the end of the year and the beginning of the next year. really crucially, at the moment, pakistan is expecting to have a general election here. now, this deal will mean that the current government can finish its term. a caretaker government can can take over. then there s an election. and then the new government, which in that election is expected to happen in october, can then start the whole process of negotiating the next deal ....

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BBCNEWS World July 5, 2024



make their last minute pitches across the state. this is the second in a series of state by state contests with donald trump and nikki haley fighting for their party s presidential nomination. that prize will pit them against the democratic choice in november, almost certainly presidentjoe biden. but with a cost of living crisis hitting many americans what are these two candidates saying about economic policy? dr thomas gift is director of the centre on us politics at university college london good to see you again. when it comes to policy it is hard to find what these two are saying at the moment? it find what these two are saying at the moment? at the moment? it is terrific to talk to at the moment? it is terrific to talk to you at the moment? it is terrific to talk to you as at the moment? it is terrific to talk to you as always. - at the moment? it is terrific i to talk to you as always. there is not a whole lot of discussion in terms of policy about the us e ....

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BBCNEWS World July 5, 2024



lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel rig ....

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MSNBCW The July 5, 2024



yevgeny prigozhin called off his rebellion after 24 hours of mayhem. roadblocks to stop his wagner forces are filled in, as the crisis is diffused. after a direct threat to his leadership, the questions over vladimir putin s future. well forces in ukraine assess how the turmoil will affect the progress of the war. also this morning, the public toll, they can now call 999 after earlier technical fault. plus, labor calls for mandatory help for homeowners struggling to meet rising mortgage payments. and the princess of wales takes on roger federer as she praises the work of ball girls and boys ahead of wimbledon. good morning. now, the rebellion by the russian mercenary leader yevgeny prigozhin appears for now, to be over. the russian president vladimir putin called it a knife in the back of our people, and said that his forces were traitors. but a deal has now been negotiated by belarus and the kremlin, said the rebel leader will be allowed to leave the country and his fi ....

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BBCNEWS World July 5, 2024



jonathan charles is back with us geopolitical insight advisor, specialising in russia and the countries around it and a former bbc correspondent in moscow and ukraine markets in moscow and ukraine quick to react and no surprise markets quick to react and no surprise that the rouble has sunk. it surprise that the rouble has sunk. . , , ., ., sunk. it hasn t been doing that well for several sunk. it hasn t been doing that well for several weeks - sunk. it hasn t been doing that well for several weeks and - well for several weeks and months and it was inevitable with uncertainty and that is what we have with russia now, it has exacerbated a trend and we have seen that fall in the rouble. untilwe we have seen that fall in the rouble. until we know what is going to happen, can vladimir putin reassert that sense of strongman rule which at least is certainty, it may not be very nice, but at least it is certainty, then there will be questions about the economy, about th ....

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