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Transcripts For BBCNEWS Verified 20240705

commons. time for a look at the business news now. we start with the unfolding crisis in the red sea and concerns that the continued attacks on cargo ships by yemen s houthi rebels will affect developing countries the hardest. that s the warning from the world trade organization. today the us has launched a fourth round of airstrikes against the rebels the us military said it targeted missiles that could be intended for attacks on ships. as vessels divert to longer and more costly routes that avoid the red sea, supply chains have been disrupted and economists have warned it could add to inflation. the wto s director general, dr ngozi 0konjo iweala, has been speaking to our economic editor faisal islam at the world economic forum in switzerland. iamjoined i am joined here by the director general of the world trade organization. thank you forjoining 0rganization. thank you forjoining the bbc. 0bviously people are concerned about the fluidity of trade given this big geop ....

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Transcripts For BBCNEWS World 20240705

hearing from tata steel, which owns the steelworks in october, it is bad news for the thousands of people who work at that steel facility. we have just been told that tata steel plans to close both remaining blast furnaces at the steelworks and that could come at the cost of 3000 jobs. clearly something which will devastate the local community. stay with us on bbc news for more updates on that story. tata steel says they will close the remaining port talbot blast furnaces at the steelworks with potential loss of up to 3000 jobs. news coming to us from bbc sources, ratherthan jobs. news coming to us from bbc sources, rather than confirmed by tata steel themselves. the unfolding issues around attacks on cargo ships by houthi rebels from yemen, warning from the world trade organization that it could affect developing countries the hardest. today the us has launched a fourth round of air strikes against the rebels, the us military said it targeted missiles that could be int ....

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Transcripts For BBCNEWS World 20240705

because the boss of us chip giant intel has warned of a turbulent world this year. pat gelsinger has been speaking to our economics editor faisal islam at the world economic forum in davos. he said the current disruption to red sea shipping is another reason they were right to invest billions building factories in the us and europe rather than relying on asia. it s going to be a turbulent world, right? and obviously ukraine is still active, the israel situation, maybe broader implications in the middle east, obviously us china tensions. you know, it s a turbulent world in that regard. i think most view the economy probably a little bit slower to start with, some acceleration as we go through the year. and our strategy is very much around building resilient supply chains so that we re better prepared to handle some of the turbulence that we think is at least currently consistently seen year after year. just when we think things are calming down, it s not entirely c ....

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Transcripts For FOXNEWSW Special 20240705

good evening. welcome to los angeles.e cri m trace gallagher intro bret baier. the crisis at the southern border now spreading beyond major cities. we will look at hohow businesses are impacted by the record surge, plus, whatever happened to the w russian military contractor, the wegner group?on anald bret baier explains what additional infrastructure of tha u.s. may need to meet the biden administration s electric vehiclt,e goals. but first. breaking tonight, president joe biden prepares to win over voters after what many say was a tough year. the president is on a family vacation in the caribbean amid the expanding conflict in the middle east, the war in ukrainet and as the crisis at the bordere swells to record numbers, theses challenges remain flash points in 2024.vo as a new fox poll shows how voters think this year has gone. just 24% think 2023 was a good year, while that number has steadily risen since 2020, stilo 13 percentage points lower than in 2019. fr ....

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Transcripts For BBCNEWS Verified 20240705

absence. we will be live at the high court. hello, iam hello, i am matthew and welcome to cap his verified live, three hours of breaking stories and checking out the truth behind them. lots to dig into intraday s programme, especially what is happening on the battlefield in ukraine and what appears to be the start of the counteroffensive. the key of says it is, shifting to offensive actions in some areas. ukraine s deputy defence minister described the eastern city of bakhmut is the epicentre of hostilities and claimed russian forces are on the defence there, as well as in the self. the ukrainian army has released these images, showing what it says are ukrainian forces destroying russian positions in the direction of bakhmut. this is in the direction of bakhmut. this is in the direction of bakhmut. this is in the occupied eastern region of donetsk. in contrast, russia claims it has faltered in major ukrainian attack in the same regions. its defence ministry has released ....

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