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BBCNEWS World July 5, 2024

to shut down the blast furnaces at port talbot. frustration, disappointment is probably the biggest word. disbelief. it sjust been. handled absolutely appallingly in my opinion. also coming up: are pre election handouts ahead? taxes in his march budget. when i look around the world to america and asia, when i look around the world to america iwith sia, when i look around the world to america iwith lower when i look around the world to america i with lower taxes countries with lower taxes have more dynamic, faster growing economies. that s and a sweet business that ran out ofjuice. we look at the rise and fall of the original indian steel giant tata is expected to confirm up to 3,000 jobs will be cut from its british operations. the bbc understands tata is to go ahead with plans to shut down both blast furnaces at its port talbot site in south wales which is the uk s biggest steel plant. the company is intending to replace the furnaces with an electric version which is ....

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CNN The Situation Room With Wolf Blitzer July 7, 2024

house speaker nancy pelosi has just been arraigned. stand by for details. this comes as we re learning the pelosi family members are expected to hear the 911 call and see the police body camera footage taken at the scene. also tonight, political heavy weights in both parties are hitting the campaign trail one week before the midterm elections that potentially could shake up the balance of power here in washington. cnn is on the ground in the make or break battle ground states. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the new developments in the paul pelosi attack. the suspect formerly said arraigned making an appearance in the california courtroom. josh campbell is outside the courthouse in san francisco. josh, tell us what happened inside the court today. reporter: yeah, wolf, that hearing just wrapping up here at the hall of justice in down tow san francisco for david d p ....

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CNN The Situation Room With Wolf Blitzer June 4, 2024 21:42:00

Rates at 3% perhaps going to 3 3.75% and core inflation at 7%, the much greater risk is of not doing enough because i look at economic history and i see there are many times when the fed didn t do enough and so inflation reaccelerated and that i can t find any times in the last 60 years of american economic history when the fed did too much because the fed has got a goal. they ve been very explicit about it. 2% inflation and even if there is something of a downturn or a recession, i don t see any reason to think that there s any real prospect without a lot more fed action that they re going to push inflation durably below 2%. so how high will interest rates have to go, mr. secretary, to bring down inflation? right now, markets are making a judgment that it s going to be ....

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