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Transcripts For BBCNEWS World Business Report 20240708

international monetary fund and world bank have warned the global economy faces lower growth this year and next, after the recent global inflationary shock caused by russia s war in ukraine and the ongoing covid pandemic. the world bank cut its forecast for global economic growth this year by almost a percent to 3.2%, warning that high inflation would hit billions of people in the pocket. the imf believes rising global debt could lead to lower growth in developed countries by 0.9% over the next three years. the fund believes higher interest rates are likely to hit developing countries the worst. joining me now is pauljackson, who s the global head of asset allocation research at invesco. what do you expect to be the priorities in the imf/world bank spring meetings? i would imagine it is getting support to the poorer countries that will suffer from the rising inflation and perhaps offering more support to the countries that are immediately around russia, ukraine and belarus, b

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Transcripts For CNNW CNN 20240704

twisted wreckage of the bridge and reopening the port of baltimore. as long lawmakers now debate how congress will pay for the massive project of replacing span back in core donald trump s legal team trying to dismiss the georgia election interference case against the former president arguing that what he said was protected under the first amendment. the judge has yet to rule in that will break down the legal arguments and could today b. day? for this number here, investors hoping to see wall street break a record with a once unthinkable number. we re keeping a close eye on the markets and following these developing stories and many more all coming in right here to cnn news central a construction worker employed at the same company as the six workers who were on the francis scott key bridge when it collapsed, just confirmed cnn, he was supposed to be on the bridge at that time, but he requested a last-minute shift change, which he says saved his life and he says all o

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Transcripts For BBCNEWS BBC 20240705

it s good to have you with us. we start onjapan, where search and rescue efforts are under way after a powerful earthquake struck the country on new year s day. at least 13 people are reported dead, according to local media. thousands of rescue personnel have been dispatched tuesday, but are struggling to navigate badly damaged roads. the epicentre of the 7.6 magnitude quake, was in the province of noto. tremors were felt hundreds of miles away in the capital tokyo. tens of thousands of people were told to head to higher ground. tsunami warnings have now been lifted. several aftershocks have been reported in the region. these are the latest images coming from wajima city, which was particularly hard hit. you can see crews battling several fires amid collapsed buildings. and here firefighters are working to rescue people believed to be trapped under the ruins of a seven storey building. both the uk and us have said they re ready to provide any necessary assistance to japan. pr

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Transcripts For BBCNEWS BBC 20240705

hello and a very warm welcome to the programme. i m sally bundock. we start injapan, where at least 13 people have died in the powerful earthquake which struck the centre of the country on new years day. other people are feared to be trapped in rubble. the prime minister, fumio kishida, says the quake has caused numerous casualties and extensive damage. hundreds of buildings have collapsed or burnt down, many of them in wajima city. some roads are blocked, hampering rescue efforts. mr kishida said he d ordered army personnel to get to the disaster hit areas by any means possible. sura njana tewari reports. this footage from inside someone s home captures the moment the powerful earthquake struck. some staff at this news network took cover, while others wanted to cover the story. the 7.6 magnitude earthquake struckjust after 4:00 in the afternoon, local time. it was caught on camera in this supermarket. there was chaos and confusion. tsunami warnings were issued, then downgrad

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Transcripts For CNNW CNN 20240705

morning. well, hello. good morning, everyone. we are so glad you are with us and just like that, it s monday. let s get started. an investigation under way after u.s. fighter jets scrambled to intercept an unresponsive aircraft. that s right. the plane crashed in southwest virginia on sunday. the response, though, caused a sonic boom across the nation s capital. also, a big week in the gop race for the presidential nomination. it started at last night s cnn town hall with nikki haley. the former south carolina governor sharpened her attacks on donald trump and ron desantis and took questions on abortion and guns. and new this morning, tension with china. u.s. navy releasing video of the moment a chinese warship crossed in front of an american destroyer coming within 150 yards of the u.s. ship. the navy slamming this as an unsafe interaction. today could be apple s biggest product launch since the apple watch. the company s push into virtual reality land with consume

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