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Transcripts For BBCNEWS BBC News 20240706

important this is to you on twitter @annitabbc #bbcyour questions united in music the slogan for this year s eurovision contest is unveiled as the official eurovsion handover ceremony takes place today in liverpool. and coming up on the third anniversary of brexit, we ll have a special phone in on the impact. my colleague nicky campbell will be asking what your experience has been so far, in the next half an hour. hello and welcome to bbc news. the uk economy is due to get smaller this year and do worse than other major nations, including russia that s according to the world s most important international financial organisation, the international monetary fund. it predicts the uk economy will shrink by 0.6% this year. it believes the uk will be the only country among the world s major economies to see its economy get smaller. it says its forecast reflects the uk s high energy prices, high inflation and high interest rates. the us, germany, france, italy and japan are

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Transcripts For BBCNEWS The 20240614

will not go unpunished. but it was notjust the g7 leaders there today they were joined by the pope and other world leaders too, including india s prime minister narendra modi and argentina s presidentjavier milei. our correspondent, mark lowen, was at there too. a lot of countries have been basking in the sun here and they have been pressing the flesh and talking about important issues. throwing up on the invitation to other world leaders is a way of battering the criticism that the g7 is an exclusive club. it is the seven largest advanced economies and the most industrialised nations. it represents 40% of global gdp, the total amount of goods and services produced, but there are other world leaders that are important, too. the g7, in trying to reach a broad international consensus on key issues, traditionally does invite some word leaders. giorgia meloni residing over this one and has decided who to invite. for example, the leaders of turkey, brazil, argentina, india, all

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Transcripts for BBCNEWS BBC News 20240604 09:05:00

take money out of the economy and take money out of the economy and take some of the heat out of edge, some of the upward pressure on prices. fiscal policy, the government says it has a plan to tackle inflation and what that effectively means there is a keep saying we can t afford this, this and that, meaning it is putting less money into the economy than it otherwise would and that is one of the reasons there is less money for everybody to spend and why the imf projects we will be the weakest economy for growth next year of any advanced economy, notjust the g7 but the top 15 most developed countries. it is really striking that they predict that russia will grow in spite of all the international sanctions, whereas our economy won t. international sanctions, whereas our economy won t- economy won t. finally and briefly, when a big economy won t. finally and briefly, when a big organisation economy won t. finally and briefly, when a big organisation like - economy won t. finally and

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