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BBCNEWS Asia July 4, 2024

Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the
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BBCNEWS Asia July 4, 2024

Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the
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BBCNEWS Outside Source July 6, 2024

An audit exit if this is put in charge of this years climate complement. And a look at whats happening in the front line town of soledar as russia and ukraine fight for control. Welcome to the programme. We start with the controversy in washington. The white house has confirmed that a second set of classified documents has been found in the garage of President Biden s home in delaware. Its thought the documents are linked to Barack Obamas time in the white house Whenjoe Biden was Vice President. And in the last half hour, us Attorney General Merrick Garland announced the appointment of Special Counsel< ....

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BBCNEWS Outside Source July 6, 2024

we start in france, where hundreds of thousands of workers are out on strike for a second time. they re protesting against president emmanuel macron s plans to raise the retirement age from 62 to 64. eight big unions are taking part in the strike, which has disrupted schools, public transport and oil refineries. let s take a look. the first marches had started in the morning across the country, like this one, in rennes in north western france. thousand of people also took to the street in toulouse, marseille and nice in the south of the country. and this was the scene in paris. the main cgt union claims more than a million people were protesting against the president s plans. there was also some clashes, police deployed tear gas, the authorities said they were stopping what they called radical elements from damaging shops. let s hear from some protesters in marseille. i have to do another year because of this proposal which i hope will not come to anything, because that is wh ....

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BBCNEWS Outside Source July 6, 2024

an audit exit if this is put in charge of this years climate complement. and a look at what s happening in the front line town of soledar as russia and ukraine fight for control. welcome to the programme. we start with the controversy in washington. the white house has confirmed that a second set of classified documents has been found in the garage of president biden s home in delaware. it s thought the documents are linked to barack obama s time in the white house whenjoe biden was vice president. and in the last half hour, us attorney general merrick garland announced the appointment of special counsel to investigate joe biden s handling of the documents. this appointment underscores for the public the departments commitment to independence and accountability in particularly sensitive matters and to making decisions guided only by the facts and the law. here s what the us president told reporters a little earlier. as i said earlier this week, and by the way my c ....

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