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Transcripts For BBCNEWS Newsday 20240706

new memoir out next week. live from our studio in singapore, this is bbc news it s newsday. hello and welcome to the programme. paralysis continues in the us congress the republican leader in the us house of representatives, kevin mccarthy, appears to have failed in his 11th bid to get elected speaker, extending the government deadlock into a third day. the house is now voting on whether to adjourn the session. you are looking at live pictures right now in the scenes inside the room where a small group of right wingers in kevin mccarthy s own party is trying to derail proceedings. the republicans took control of the house in november s mid elections. but the deadlock has left the chamber unable to swear in members or pass legislation. gary o donoghue reports. the total number of votes cast is 434. it hasn t taken this long to elect a speaker in more than 160 years, and that was before the american civil war. now, into a third day, the deadlock remains. the republican lead

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Transcripts For BBCNEWS The Context with Christian Fraser 20240707

welcome to the programme. the bank of england has warned the uk is facing its longest recession since records began, as it raised interest rates, by the biggest rise in 30 years. the 0.75 percentage point rise the eighth consecutive hike takes uk rates to from 2.25 per cent to 3 percent, meaning higher mortgage bills for many homeowners. the bank of england s move matches the us central bank s rate hike on wednesday, taking us rates to 3.75 to 4.0%. here s the bank of england governor. these are big changes. they have a real impact on people s lives. so, why are we doing it, and why are we doing it now when so many people are struggling with higher energy and food prices and other bills? we are increasing bank rate because inflation is too high. it is the bank s job to bring it down. a rise in interest rates can have an influence on things like credit card repayments and mortgages but also the interest paid on your savings. but the governor says this is the only way to r

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Transcripts For BBCNEWS BBC News 20240707

down. what do you think? i like that since the line was put down. what do you think? i think it does look likely down. what do you think? i think it does look likely that down. what do you think? i think it does look likely that this down. what do you think? i think it does look likely that this is - does look likely that this is sabotage, and the leaks are coming as russian sabotage, and the leaks are coming as russian gas supplies have dwindled as part of put in s efforts to shut dwindled as part of put in s efforts to shut down support for ukraine. i mean to shut down support for ukraine. i mean rush to shut down support for ukraine. i mean rush up has slashed gas deliveries mean rush up has slashed gas deliveries to europe in recent months deliveries to europe in recent months since it invaded ukraine, and it isjust months since it invaded ukraine, and it isjust to months since it invaded ukraine, and it is just to look like months since it invaded ukra

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Transcripts For BBCNEWS BBC News 20240706

tens of millions of americans are hunkered down in one of the bleakest christmas days in living memory. the arctic storm that s swept through most of the country has so far claimed 20 lives. family travel plans for much of the us have been thrown into chaos or abandoned. a million people are already without power. emily unia reports. strong winds and sub zero temperatures. america may have been dreaming of a white christmas but not like this. countless roads are closed or impassable, even the gritter got stuck. around 250 million people across the united states and canada are facing festive weather chaos. anything can happen in any moment and you ve got to be on your toes. thousands of flights have been cancelled, delayed trains have left passengers stranded for hours, conditions are so bad new york state has banned driving. it is life threatening what is going on as we speak in buffalo. getting calls through the night from frightened neighbours where the temperature has been

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