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BBCNEWS BBC News July 7, 2024

nasa successfully crashes a probe into an asteroid to test whether space rocks that might threaten earth could be deflected out of the way. ukrainians in four russian held regions have one final day to vote in a referendum, kyiv and its western allies dismiss as a sham. the head of the metropolitan police pledges to be ruthless in rooting out corruption, racism and misogyny in the force. a state funeral is underway for the former japanese prime minister shinzo abe. leaders from across the world are at the service. and coming up in the sport: a moral boosting draw for england against germany in their final match before the world cup. good morning. banks and building societies have withdrawn some of their mortgage deals because of the volatility on global markets. interest rates are expected to rise significantly over the coming months with analysts predicting they could edge up towards 6% next year. what s caused it? well, the chancellor s mini budget last week has spo ....

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BBCNEWS BBC News July 7, 2024

to test whether space rocks that might threaten earth could be deflected out of the way. as far as we can tell, our first planetary defence test was a success, and i think we can clap to that, everyone. cheering. so. right? so, yeah, well, i. yeah, i think the earthlings should sleep better. ukrainians in four russian held regions have one final day to vote in a referendum that kyiv and its western allies dismiss as a sham. hello and welcome if you re watching in the uk or around the world. in the uk, chancellor kwasi kwarteng is meeting fund managers this morning after days of volatility on global markets. banks and building societies in britain have withdrawn some of their mortgage deals, and interest rates are expected to rise significantly over the coming months. so, what s caused it? well, the chancellor s mini budget last week has spooked the markets. it has been followed by a dramatic fall in the value of the pound. yesterday, it dropped to a record low against the us ....

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BBCNEWS BBC News June 4, 2024 08:07:00

House price crash? mil market or is there a danger of a house price crash? market or is there a danger of a house price crash? all things are ossible. house price crash? all things are possible- the house price crash? all things are possible. the access house price crash? all things are possible. the access to - house price crash? all things are possible. the access to property| possible. the access to property sites on friday was up 10%. i am sure if they do the same analysis today, they will probably find that that has dropped. there is not enough property out there for people. it is harder and harder to find a property. i don t think that will change. the demand is still there. but i think people might sit on their hands on the next couple of months, yes. do on their hands on the next couple of months. yes- on their hands on the next couple of months, es. ., ., , ., ., months, yes. do we have any idea how many peeple months, yes. do we have any idea how many peeple might m ....

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BBCNEWS BBC News June 4, 2024 09:41:00

Don t think that will change. so the demand is still there but i think people might sit on their hands for the next couple of months, yes. ii idtu e the next couple of months, yes. have ou an the next couple of months, yes. have you any idea the next couple of months, yes. have you any idea how the next couple of months, yes. have you any idea how many the next couple of months, yes. have you any idea how many people may be changing their mortgage rate within the next year? those people will potentially be very vulnerable because if the rates jump potentially be very vulnerable because if the ratesjump by potentially be very vulnerable because if the rates jump by several percentage interest rate points, that s hundreds and hundreds of pounds potentially on people s monthly bills. yeah, there are 300,000 mortgage customers coming to the end of their fixed every three months. time is that into a year, that is an awful lot of people what is your advice that people won t be able to m ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110305:19:06:00

And the treasury department, the left hand of the government is issuing the debt and the right hand of the government, federal reserve is buying the debt and here s the danger and gets to the point mary made. if interest rates start to rise, as inflation rises because those two things move in tandem, think about this, stuart. what impact will that have on the federal budget if federal borrow ing costs rise a couple f interest rate points and you are talk about a trillion dollars a year of borrowing costs, feen potentially, to finance the debt. how close are we to a real financial crisis, do you think. i think the economy is getting better right now, and the problem is you can t put that genie into the bottle when you spit money into the economy. all right. when we come back. forget wisconsin. ohio moves to the front lines of the union battle, with the opposition digging in and polls suggesting the public supports collective bargaining, will republicans hold firm or will they fold ....

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