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Transcripts For BBCNEWS BBC News 20240706



america s defence secretary says he s had a rare phone call with his russian counterpart in the aftermath of a collision between a russian fighter jet and a us drone. the race is now on to recover the wreckage of the unmanned aircraft. it s thought to be 1,200 metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america s top general said the whole incident was a result of russia s increasingly aggressive behaviour in the area. us defence secretary lloyd austin gave this update earlier. asi as i have said repeatedly, it s important that great powers be models of transparency and communication. and the united states will continue to fly and to operate were ever international law allows. and it is incumbent upon russia to operate its military aircraft in a safe and professional manner. 0ur diplomatic correspondent, james landale, has this report from kyiv. this is the kind of unmanned aircraft that crashed. an mq 9 reaper patroll ....

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Transcripts For BBCNEWS BBC News 20240706



welcome to our viewers on pbs in america and around the globe. the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes that the problems of us banks would stay in the us have not panned out. shares in switzerland second largest bank credit suisse dropped to record lows. we should point out that credit suisse is a bank that has been terminal for years. credit suisse is a bank that has been terminalfor years. as one analyst put it it has been a slow moving car crash. two new things have happened to spook investors. the bank said there was material weakness in its financial reporting and its top supporter ruled out lending it any more money. all this adds to concerns ....

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Transcripts For BBCNEWS BBC News 20240706



the swiss central bank has agreed to provide a loan of more than $50 billion to the troubled banking giant, credit suisse, if needed. shares in the bank have plunged 24%, sparking a wider sell off in european stocks, which closed down more than 3%. it comes days after the failure of silicon valley bank in the us. our correspondent, michelle fleury, has more. hopes michelle fleury, has more. the problems of us bar would hopes the problems of us banks would stay in the us haven t panned out, shares in switzerland is second largest bank credit suisse dropped 20% to record lows, should point out credit suisse is a bank which has been in turmoilfor years as one wall st analyst ported a slow moving car crash will stop to new things have happened speaking investors, it has material we in its financial reporting and its top back ruled out lending it any more money, all of this is adding to concerns about the global banking system, in an attempt to stabilise the troubled lender ....

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Transcripts For BBCNEWS BBC World News 20240706



a very warm welcome to the programme. we begin here in the uk. it is the morning after that budget. the chancellor has insisted his first budget is transformational and will get people back into work. jeremy hunt set out major changes to pensions and benefits, as well as an expansion of free childcare in england, all designed to boost economic growth. the new pension tax rules will allow higher earners to save more into their pensions, tax free. the opposition labour party has said it s the wrong priority for the wrong people. emma simpson reports. at this nursery in south east london working parents like charlie love the idea of 30 hours of free childcare for those nine months and over in england. her daughter, dorothy, will hopefully qualify. will hopefully qualify. other to - line, will hopefully qualify. other topline, ecstatic, will hopefully qualify. other topline, ecstatic, i ve - will hopefully qualify. other topline, ecstatic, i vejust i topline, ecstati ....

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Transcripts For BBCNEWS Talking Business 20240706



who remains in a critical condition in hospital. millions of nigerians have been voting in their country s most competitive election since military rule ended there more than two decades ago. china s plans for peace in ukraine cause ripples around the world president zelensky says he wants to hear more and the leader of russia s key ally belarus announces plans to fly to beijing. you re watching bbc news. now it s time for talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron hazelhurst. with me, aaron heslehurst. let s go and take a look at what s on the show. counting the cost of war as ukraine marks a year since the invasion, we re going to take a look at the toll it s taken on the economy. ukraine s vast farms were feeding the world, but the country is now reliant on billions of dollars of help just to get through every month. ukraine s finance minister tells me how he s kept the economy functioning despite the missile ....

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