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Transcripts For BBCNEWS World 20240705



the announcement comes as prime minister rishi sunak continues his visit to the us. he is due to hold talks with president biden at the white house later today aimed in the words of the uk government at cementing their joint leadership in the technologies of the future . the uk has abandoned hopes of a post brexit free trade agreement with the us, instead pushing for a deal on digital services. the prime minister told the bbc s political editor chris mason that the uk is well placed to become a leader in al i want to make sure that we in the uk can realise the clear benefits of aib that in drug discovery or other areas but at the same time we need to put guardrails in place to protect ourselves, our country and people from the real risk that it poses, risks that the creators of ai have highlighted. i believe the uk is placed to lead and shape the conversation on this because we are strong when it comes to ai. how do you make that case to a leader of a superpower as the ....

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Transcripts for BBCNEWS World Business Report 20240604 04:43:00

The second month in a row up. i think if we do hit a recession it will certainly be a short lived one. if recession it will certainly be a short lived one. recession it will certainly be a short lived one. if you are a reserve a short lived one. if you are a reserve bank a short lived one. if you are a reserve bank of a short lived one. if you are a reserve bank of from - a short lived one. if you are a | reserve bank of from another part of the world tuning in right now, what other lessons they could pick up from the us example? they could pick up from the us exam - le? , , they could pick up from the us example? example? the biggest thing is to be committed example? the biggest thing is to be committed to example? the biggest thing is to be committed to that - to be committed to that inflation target. the biggest thing in monetary policy that needs to be effective is to be convincing. i think that is why a lot of people will be looking notjust a lot of people will be l ....

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Transcripts for BBCNEWS World Business Report 20240604 04:40:00

To a 22 year high. recent data has indicated that inflation is slowing following the ten consecutive rate rises already seen. the fed took a breather last month and kept the rate on hold to allow policymakers more time to assess the health of the us economy. live now to dr hisham foad, associate professor and chair of economics at san diego state university. thanks forjoining us here in bbc news. do you share this expectation that they will be a rate rise today? i expectation that they will be a rate rise today? rate rise today? i think it is almost certain rate rise today? i think it is almost certain we - rate rise today? i think it is almost certain we will- rate rise today? i think it is almost certain we will see l rate rise today? i think it is| almost certain we will see a quarter percentage point increase today. inflation is lower. it fell down to about 3%, cpi inflation, buta lower. it fell down to about 3%, cpi inflation, but a lot of the decrease has been driven by energy ....

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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Are strong when it comes to ai. how do you make that case to a leader of a superpower as the leader of a superpower as the leader yourself of a median size country not in a big international block. how do you convince the president who may be more tempted to chat to other global players that the uk should be a convener of the future of ai? we uk should be a convener of the future of ai? future of ai? we should have confidence future of ai? we should have confidence in future of ai? we should have confidence in our future of ai? we should have confidence in our country - future of ai? we should have l confidence in our country being a leader when it comes to ai because that is what the fact thanis because that is what the fact than is demonstrated. if you look at the companies in the amount invested, the quality of our research, other than the us there is no other country that has that strength in al. let s get some reaction from dr hisham foad, associate professor of economics a ....

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How does the debt ceiling deal affect San Diegans?

There are few signs of progress as the U.S. nears an unprecedented default on its debt. San Diego organizations are preparing for what could be a serious economic blow. ....

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