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BBCNEWS Verified July 4, 2024

Notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. The feud was cited by fitch is one of the reasons for the downgrade. Make no mistake, this is a major black eye for america. The us treasury, essentially government ious are seen as the bedrock of the Global Financial system. Fitch is essentially pointing out there is an erosion of trust in american leadership. Given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. Likely to change its role in the financialsystem. It likely to change its role in the financial system. It could, likely to change its role in the financialsystem. It could, however, make it potentially harder and more expensive for the government to borrow in the future. Right now the Us Government owes 30 trillion in debt. Fitch ....

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BBCNEWS World July 4, 2024

Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the future. We are not there yet, but that is the underlying fear. If you look at what they are trying to address here in this downgrade, or one of the concerns they cite, it is a problem that exists both in the past but also in the future, and that is rising Us Government debt. At the moment
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BBCNEWS BBC News July 6, 2024

health services wisely. and, memories of a coronation past, and how to celebrate the crowning of a new monarch, next weekend. good evening. in sudan, the ceasefire between the two rival factions of the military, has been extended by another three days, to allow for more people to leave the country, and humanitarian aid to come in. but in the capital, khartoum, the fighting has intensified. so far, more than 500 people have been reported to have died in the fighting, since the violence began, more than two weeks ago. british evacuation flights from near khartoum have ended, with the foreign office saying more than 2,000 people have been flown out of the country. so now, the focus is on port sudan, where thousands of people have gathered, trying to escape. the uk government says there ll be an extra flight from there, to airlift any remaining british nationals who want to leave. meanwhile, evacuations by sea continue, and our africa correspondent, andrew harding, has been ....

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BBCNEWS Newsday July 6, 2024

world chess champion, with china now holding both the men s and women s world titles. it s six in the morning in singapore, and midnight in the sudanese capital, khartoum where the two rival military factions have announced a new ceasefire, but are showing no sign whatsoever of stopping their fighting in the capital khartoum. the united nations and african union are warning that the people of sudan are in dire need of a humanitarian truce. thousands of people are still trying to get out of the country. our africa correspondent, andrew harding, has been speaking to some of them. we are crossing the red sea, heading towards the coast of sudan. a night time rescue mission organised by saudi arabia s navy. it s not quite dunkirk, but many warships and ferries are now involved in this giant evacuation. tight security as the lights of port sudan gleam on the horizon. we head to shore on a smaller tug boat, to the edge of a country consumed by conflict. we arejust coming in no ....

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BBCNEWS BBC News July 6, 2024

in ukraine fierce fighting continues as russian forces advance on the eastern city of bakhmut. the deputy mayor says the region is almost destroyed. and the stars behind the irish comedy the banshees 0f inisherin speak to usahead of the oscars on sunday. to feel it as colloquial and then see it go out into the world and be received by people from all sorts of, you know, the corners of the globe that we share is pretty surprising and cool. hello and welcome to viewers in the uk and around the world. exactly a month after the devastating earthquakes which killed more than 50,000 people across turkey and syria, an unprecedented number of people are living without proper shelter. the united nations development programme the undp estimates that in turkey alone at least one and a half million people still inside the disaster zone are homeless. the true figure could be even higher. let s show you some live pictures from hatay in turkey which was one of the worst aff ....

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