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BBCNEWS Talking Business Asia July 6, 2024

offer of a truce, now ended, was deceitful. he said peace in ukraine would only be restored when russian forces were expelled. kevin mccarthy has been sworn in as speaker of the us house of representatives, after 15 rounds of voting. a small group of republican rebels had derailed each previous attempt. the new speaker says it was the influence of former president trump that helped him secure the position. iran has been widely condemned after executing two more anti government protesters. mohammad mahdi karami and seyed mohammad hosseini had appealed against their sentences for killing a member of the security forces during nationwide protests against the government last year. they said they d been tortured into making false confessions. now on bbc news, talking business. 100 years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to mic ....

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MSNBC Yasmin Vossoughian Reports July 7, 2024

yasmin. if you are joining us, welcome and if you are still with us, thank you for sticking around. we are following the latest developments in the wake of the bylaw tile assault on nancy pelosi s has been. police saying the man was second for the speaker of the house, bringing back memories of these chants from january 6th. [inaudible] we are going to be looking at the rise and violent political rhetoric that is only grown since that day on january 6th. and later on this hour, i will be joined by senator sheldon whitehouse to talk about the increasing dangers that lawmakers are currently facing, especially ahead of midterm elections. and also this hour, the president casting his ballot and democratic heavyweights hitting that campaign trail just ten days out before the midterms. i have been reading up on some of these candidates on the other side. lord have mercy. and as republicans hammer away at inflations, we are going to look at what economists are saying abou ....

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BBCNEWS Talking Business Asia July 6, 2024

family members say they were not permitted to meet the men before they were killed. president volodymyr zelensky welcomes the announcement of the us supplying ukraine with armoured fighting vehicles for the first time. meanwhile, russia s unilateral ceasefire appears to have had little effect on the front line. you re watching bbc news. now, it s time for talking business. a hundred years ago, oil was the most sought after commodity. today, it s these chips that run the world. they provide the processing power for everything we use, from smartphones to aircraft and cars to microwaves. but the fight for who controls the supply chains, the network of companies that make these devices, is escalating. translation: we will focus on national strategic needs l and pool our resources together to boost cutting edge research in science and technology domestically, and resolutely win the battle in key technologies. so instead of relying on chips made overseas in places like china, ....

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BBCNEWS The Papers July 6, 2024

well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity. so us new manufacturing fabs ....

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BBCNEWS BBC News July 6, 2024

iran is facing international condemnation for hanging two more people said to have been involved in nationwide protests. the uk called their executions abhorrent . the newly elected speaker of the us house of representatives, kevin mccarthy, has said former president trump helped him finally secure his position, after 15 rounds of voting and sometimes acrimonious exchanges with fellow republicans. he said i don t think anybody should doubt mr trump s influence. president biden congratulated mr mccarthy for his win and said he looked forward to co operating with his party. our washington correspondent gary o donoghue reports. it took them four days and 15 separate ballots before they finally got there. the honourable kevin mccarthy of the state of california, having received a majority of the votes cast, is duly elected speaker of the house of representatives. cheering not since the american civil war more than 160 years ago has it taken this long to elect a speaker. ....

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