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Transcripts For BBCNEWS World Business Report 20240707



plus rising prices falling ratings. can president biden win the argument on the us economy with just days to go until the midterm elections? and a pressing crisis. the cost of olive oil set to soar with harvests shrivelled by europe s summer heatwave. hello. we start here in the uk which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and could keep declining until the middle of 202a. the pound slumped on the news to its lowest in more than two weeks. here s our economics editor faisal islam. the end of a decade and a half of ultralow interest rates was always going to be difficult, but dealing in mortgages has in recent weeks felt more like the stock market than the housing market. , , stock market than the housing market. , , . ., , ....

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Transcripts For BBCNEWS BBC News 20240707

on crime. the uk s approach to controlling migration also faces strong criticism from abroad, with this intervention from the albanian prime minister. ukraine s nuclear energy company says the zaporizhzhia plant has been disconnnected from the electricity grid and has only 15 days of generator fuel left. a surprise peace deal after nearly two years of civil war in ethiopia. it s hoped vital aid can now flow into tigray, where 90% of the population is going hungry. here in the uk, the second report into the manchester arena bombing in 2017 is due out later, and is likely to be highly critical of the response of the emergency services. a un report says one third of the glaciers located in world heritage sites will disappear by 2050 because of climate change. hello and welcome if you re watching in the uk or around the world. uk interest rates are expected to rise sharply today as the bank of england attempts to tackle soaring prices. the bank is expected to increase its base ra ....

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Transcripts For BBCNEWS BBC News Special 20240707



and i m martine croxall here in the studio. i ll be speaking to a former press officer to the queen for his thoughts as the nation continues to pay tribute. hello and welcome to cardiff, where king charles has begun his first official visit to wales as monarch by attending a service of prayer and reflection for queen elizabeth ii. in the senedd, an hour ago, about a thousand people were standing in sunshine and welcoming the king and the queen consort as they visited the queen consort as they visited the senedd. it was completely calm, quiet and still as everyone turned to watch the big screens when king charles addressed the parliament not just in english but also in welsh, a hugely symbolic moment for people here, to hear the king speaking welsh so fluently and talking about his mother and his memories of his time here in wales and what the country meant to him and to the royal family. when he left, there were lots of cheers. there were a few people who were not happy ....

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Transcripts For BBCNEWS Outside Source 20240707



how the former president donald trump put pressure on the then vice president mike pence to overturn the election results. today is the third day of hearings from presenting the findings of the committee investigation and two men are appearing before today s hearing. the older man blue shirt you can see is a retired judge who was an informal adviser to mike pence. the younger gentleman is greg jacob and he is a former legal counsel to the vice president. the session his life now. has all the players led by mr eastman got wrapped around the axle may the hysterical evidence claim by mr eastman let me explain very simply this is what i said would require a digression that i would be glad to undertake if you wished in short if i had been advising for brett vice president of the united states onjanuary brett vice president of the united states on january six brett vice president of the united states onjanuary six and evenif united states onjanuary six and even if th ....

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Transcripts For BBCNEWS HARDtalk 20240707



legalisation of cannabis and abortion rights. my guest today is president luis lacalle pou. he is a fan of unfettered free market economics. does that swim against the tide of public opinion in latin america? president luis lacalle pou. welcome to hardtalk. mr president, what is it like being as centre right politician on the continent thatis politician on the continent that is quite clearly moving to the centre left? you are swimming against the political tide. a, swimming against the political tide. ., ., tide. a coalition of five parties tide. a coalition of five parties that tide. a coalition of five parties that supported | tide. a coalition of five - parties that supported this government. you have the for the right, centre right and centreleft. and i have the bonds between these five parties. this party to the citizens and if you read the programme, you will not be able to find centre right. the question to find centre right. the question is to find cen ....

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