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Transcripts For BBCNEWS BBC 20240704

Hello. Welcome. Im catherine byaruhanga. A us Military Ship is headed for gaza, carrying equipment to build a Temporary Port for aid deliveries. The us army says the support ship, set sailfrom a Military Base in virginia on saturday. The un has warned that around a quarter of the population of gaza, more than half a Million People, are facing famine. Meanwhile, a separate aid ship with around 200 tons of food is still waiting to set sail from cyprus. The eu wants a new sea route for aid from cyprus to gaza to start this weekend. Our correspondent zoe conway has the latest. It may not look like much, but on this barge since the 200 tons of food, set to leave cyprus later today, towed by a Spanish Charity ship. Mo ....

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Transcripts For BBCNEWS World 20240704

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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Transcripts For BBCNEWS Asia 20240705



stress test showed they have enough capital to weather a severe economic slump. they have more than $100 billion in assets each. the results are a vote of confidence for the financial sector after the collapse of the silicon valley bank earlier this year. elsewhere in the united states, presidentjoe biden has vowed to restore the american dream, in a speech promoted his so called bidenomics policy. michelle fleury reports from new york. michelle fleury reports from new york- michelle fleury reports from new york. , ., ., new york. joe biden went on the road to make new york. joe biden went on the road to make his new york. joe biden went on the road to make his pitch new york. joe biden went on the road to make his pitch to - road to make his pitch to sceptical americans. the president sceptical americans. the president outlined - sceptical americans. the president outlined his i sceptical americans. the president outlined his economic vision for the future, ....

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Transcripts For BBCNEWS Breakfast 20240705



cross channel swim to highlight a rare genetic disorder. i cross-channel swim to highlight a rare genetic disorder. to be part ofa of a fight to help these poor kids. in the of a fight to help these poor kids. in the last of a fight to help these poor kids. in the last nine months we worked hard and in the last nine months we worked hard and we have got here today. it is a mixture hard and we have got here today. it is a mixture of elation but also i am knackered. is a mixture of elation but also i am knackered. england two wickets down but looking am knackered. england two wickets down but looking to am knackered. england two wickets down but looking to build am knackered. england two wickets down but looking to build on - am knackered. england two wickets down but looking to build on their. down but looking to build on their slender lead today. they will have to handle everything australia will throw at them this morning. we could well see them this mo ....

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Transcripts For BBCNEWS Asia 20240706



the republicans have been unwilling to budge on. and time is ticking. janet yellen has estimated the government could run out of money to pay its bills as soon as next month. it s congress s job to do this. if they fail to do it, we will have an economic and financial catastrophe that will be of our own making. there is no action that s evident biden and the us treasury can take to prevent that catastrophe. fin treasury can take to prevent that catastrophe. on tuesday, president joe that catastrophe. on tuesday, president joe biden that catastrophe. on tuesday, president joe biden will- that catastrophe. on tuesday, president joe biden will meet | presidentjoe biden will meet with congressional leaders to try and resolve this crisis. but if not, washington could be sent into a debt default by june. the debt limit was created in 1917, and currently stands at over $31 trillion. the ceiling has been raised 78 times in 1960. a senior analyst at moody s said we need a s ....

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