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Transcripts For BBCNEWS Asia 20240704

economists are expecting the us economy likely remaining in expansion during the april to june period. rounding of the week, will be the bank of japan. last month they saw core consumer prices excluding food rising higher than the bank s inflation target so that put extra pressure on the central bank to tweet its altar easy monetary policy. i earlier, i spoke to naim aslam and he told me how he expected the fed to go. i me how he expected the fed to no. ~ me how he expected the fed to .o ~ ., me how he expected the fed to io, ~ ., , go. i think the federal reserve isn t under go. i think the federal reserve isn t under immense go. i think the federal reserve isn t under immense pressure, i isn t under immense pressure, before the inflation data, as you rightly pointed that out. because inflation is sitting at 3% and i m speaking about the headline inflation which is not that much farther from the federal reserve s target of 2% and especially view compare with waether s

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Transcripts For BBCNEWS Asia 20240704

tojune period. and rounding out the week will be the bank ofjapan. last month saw core consumer prices, excluding food, rise higher than the boj s inflation target. and this could put pressure on the central bank to tweak its ultra easy monetary policy. i spoke to naeem aslam, chief investment officer at london based zaye capital markets, for more. i think the federal reserve is not under immense pressure, as they were, let s say, before they were, let s say, before the inflationary attack, as you rightly pointed out. because inflation is speaking at sitting at 3%, headline inflation. not too far from the target. especially when you compare where this number was, it is not too long ago we saw this number in double figures and now falling all the way to 3%. so where we sit and what we see in the market, from the money market, from the fixed income market, and equity market, we do see another interest rate hike, so going to wednesday the general expectations are, number one,

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Transcripts For BBCNEWS Newsday 20240706

hello, thank you for being with us. negotiations are continuing at the united nations in new york to agree a new resolution on gaza. a vote had been expected in the last hour but it s been postponed as diplomats try to agree a form of words that the united states may sign on to. on a visit to israel, the us defense secretary lloyd austin has reaffirmed support for its ally but demanded the country do more to protect civilians. from jerusalem, lucy williamson reports. greipel hugo bachega. there was criticism of the israeli military in gaza by the defense secretary lloyd austin, alongside the israeli defense minister when they gave a statement earlier today but i think he gave a hint of the frustration at the high number of civilian casualties in gaza, frustration there microphone that s already been as addressed by the by that administration. he said he had discussions with the israeli leadership about how to reduce harm to civilians but he said he had not travelled to isr

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Transcripts For BBCNEWS Newsday 20240706

welcome to newsday. negotiations are continuing at the united nations in new york to agree a new resolution on gaza. a vote had been expected in the last hour, but its been postponed as diplomats try to agree a form of words that the united states may sign on to. on a visit to israel, the u 5 defence secretary lloyd austin has reaffirmed support for its ally, but demanded the country do more to protect civilians. from jerusalem, lucy williamson reports. they say there s nowhere safe in gaza. the children s unit at nasser hospital hit by a shell yesterday. doctors and parents who once raced to get wounded children in here now scrambling to get them out. the epicentre of the dust and panic, a children s bedroom on the second floor. translation: we were seated on the bed when something - exploded and all the ceiling fell on us. i couldn t do anything. debris fell on us and we couldn t see anything. ijust grabbed my daughter and escaped. i don t know what happened to the others.

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Transcripts For BBCNEWS BBC 20240706

though there have been varying reports on the number of casualties. the us geological survey says the quake had a magnitude of 5.9. chinese state media is also reporting that some water, electricity and road networks are damaged. a second quake struck neighbouring xinjiang hours later on tuesday. the damage from that 5.5 magnitude strike was not immediately clear. in a statement, chinese president xi jinping said: he has ordered full rescue efforts to gansu, one of the country s poorest regions. we ll bring you more details as they come in. now, international pressure is growing for israel to ease its military campaign in gaza. on monday, the us defense secretary was the latest to add his voice during talks with prime minister benjamin netanyahu and israel s war cabinet. the department of defense says mr austin underscored the need for concerted efforts to protect civilians and urged israel to plan for transitioning to the next phase of operations. his israeli counterpart sai

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