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BBCNEWS Outside Source July 6, 2024

we start here in the uk, where the bank of england has raised interest rates to their highest level for m years. the increase will leave millions of households facing higher mortgage payments at a time when many people are already struggling with crippling energy and food bills. the bank has raised rates by half a percentage point, to 4%. the aim to make it more expensive to borrow and spend so businesses and households rein in, meaning less upward pressure on prices. uk inflation eased slightly in december but was still at 10.5%, close to the highest level in a0 years and more than five times the bank of england s target. the bank governor said inflation had turned the corner, but the battle against surging prices wasn t over yet. we have done a lot on rates already. the full effect of that is still to come through. but it is too soon to declare victory just yet. inflationary pressures are still there, and we can see that in the data and we hear it from our agents. and we ....

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BBCNEWS World Business Report July 6, 2024

let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, ....

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FOXNEWS Americas Newsroom July 6, 2024

if you dig into it more you see people are dissatisfied for different reasons. bill: i didn t see a lot of good news in the polling. came out late last night. also with regard to the president. job performance at 54% disapproval. he has that to chew on. dysfunctional family. we asked whether or not how would you characterize the government today? a lot of people saw it that way as dysfunctional government. however, we had larry kudlow on two days ago and he painted a slightly rosier picture than we expected. dana: for the economy and the white house is counting on that and the outgoing chef of staff ron klain pointed to that as he was leaving. the biden plan is working. if there is a recession they expect it to be mild. if you are dealing with that and somebody who has dipped into your 401k trying to make ends meet it doesn t feel that way. the president s number at 45% is about what it was the end of december. they think they ve had some good headlines in january w ....

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FOXNEWS The Faulkner Focus July 6, 2024

epic cleanup. several senate lawmakers are at the border right now getting a close-up look at the real crisis, looking for real answers. i m harris faulkner and you are in the faulkner focus. one group, a bipartisan delegation led by texas republican john cornyn, and arizona independent kyrsten sinema making stops in their home states focused on finding solutions. what is happening now is happening on our doorstep and we need to work together to try to address it in the best way we can. a repeated failure by administration after administration to manage this crisis. the way i see for us to do that is work together by putting partisanship aside and listening to local folks and working together to find solutions. harris: we may be getting a peak from the curtain why she left the democratic party. they weren t doing that. this from the front lines. face and center hour by hour, minute by minute agents catching two illegals as they crossed across the border. we have ....

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BBCNEWS HARDtalk July 6, 2024

to keep russians out. my guest today is the president of finland, sauli niinisto. mr president, finland hasjust made a major strategic shift. thank you. this country is now prepared to join nato. how big a deal is that? cold war ended, that s beginning of 90s, we have all the time developed our interoperability with nato, our armament is, well, quite modern, usa based mostly. so, in a way, we have been very prepared all the time. but the change is, like you said, remarkable. it s remarkable because public opinion has moved so far so fast. just a year ago, polls suggested that 20% to 30% of finns liked the idea ofjoining nato. now it s 75% to 80%. yes. is that based on a new level of fear of neighbouring russia? first of all, even though so many said a year ago that no reason to apply for membership in nato, they were not actually against nato. it was more like a rational or pragmatic opinion. we don t need it now. and that s why we kept on saying, our governments, that ....

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