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BBCNEWS BBC News July 7, 2024

longest squeeze on real wages since the 1800s. and we ll have more from westminster in just a few minutes. also this afternoon: ukraine s president says nearly one third of his country s power stations have been destroyed after another round of russian attacks. fears grow for a female iranian athlete who appeared in a climbing competition without wearing a hijab. her family say they have lost contact with her. and the climate activist greta thunberg says she will not pursue a career in politics because it is too toxic. welcome back to westminster, the prime minister liz truss has chaired the cabinet after apologising last night for mistake she had made since entering number ten as pm. speaking to the bbc, she admitted her premiership so far hadn t been perfect but said she would lead the conservatives into the next general election, this despite widespread criticism from within her own party. yesterday the new chancellor jeremy hunt scrapped most of her tax cutting plans, ann ....

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BBCNEWS The Papers July 7, 2024

and there is no time to put that right because the next time england will play is against iran and qatar in the world cup in november. the time is 10:30pm. time for the weather. jupiter is at its closest point to earth in 59 years and there will be clear skies out there as we have a glorious and to do though. some of you though, chris bell is hit and miss. showers today will keep going tonight. particularly through the irish sea, north west england, wales and north west england. a chillier night tonight across some of eastern parts. forecast for tomorrow, it looks fairly similar but the winds are more westerly so that will change where the showers are and we have this feature pushing into the south west. northern parts of scotland, some showers with hail and thunder. this zone from north and east of northern ireland, isle of mann, north west england, north west wales frequent showers and whilst a bright start in the south west, this will stream its way down bringing grey skie ....

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BBCNEWS BBC News July 7, 2024



get on touch with me on twitter. a man is due in court this morning charged with the murder of nine year old olivia pratt korbel. another man is charged with assisting an offender. the king and queen consort will undertake their firstjoint public engagements today since the end of the period of royal mourning for the queen. an investigation s underway after at least 125 were killed in a crush at a football match in indonesia one of the world s worst stadium disasters. no outright winner in the brazilian election left wing candidate luiz inacio lula da silva and right wingerjair bolsonaro will go to a second round run off. the man who makes his living from doodling talks to us. good morning. the government has this morning performed a huge turn and abandoned its plan to scrap the 45 pence top rate of income tax. the announcement from chancellor kwasi kwarteng came just a day after the prime minister liz truss backed the policy. in a statement, mr kwarteng sai ....

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BBCNEWS BBC News July 7, 2024



the #bbcyourquestions no outright winner in the brazilian election left wing candidate luiz inacio lula da silva and right wingerjair bolsonaro will go to a second round run off. an investigation s underway after at least 125 were killed in a crush at a football match in indonesia one of the world s worst stadium disasters. the king and queen consort will undertake their firstjoint public engagements today since the end of the period of royal mourning for the queen. and, meet mr doodle the man from kent who makes his living from doodling and has covered his whole house in drawings. hello and welcome if you re watching in the uk or around the world. the government has this morning performed a huge u turn and abandoned its plan to scrap the 45 pence top rate of income tax. the announcement, from chancellor kwasi kwarteng , came just a day after the prime minister liz truss backed the policy. in a statement, mr kwarteng said the 45p tax plan had become a huge di ....

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Transcripts For BBCNEWS World Business Report



we start on the markets because a day after wall street closed at new record highs the jitters have returned. but i don t seem to have a camera! what i can do is. you know what? you can look at my chair. we are coming back. hello, nice to see you again. shares have fallen sharply, oil had its steepest one day fall since last summer, and those bond yields the effective interest rates on government debt have soared again. the yield on the 10 year us treasury bond hit almost 1.75% its highest since the very start of the pandemic back injanuary 2020. what s that telling us? that investors are scared inflation is about to take off and interest rates will have to rise soon. that s despite reassurances to the contrary from the head of the federal reserve. we d had about a 45 basis point jump in that treasury yield, and during that time, that is when we saw the nasdaq sell off more than 10%. so the question here is, what does it look like on the chart now for the treasu ....

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