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Transcripts For BBCNEWS Verified 20240704

the economy too much. to dicsuss this further i m nowjoined by the bank of england 5 former head of international surveillance, katharine neiss. she is now the chief european economist for pgim fixed income. good to have no surprise that interest rates are still rising. do you think that this is it? ~ , . ., ., is it? the banker very clear today that if inflation is it? the banker very clear today that if inflation remains - is it? the banker very clear today that if inflation remains resilientl that if inflation remains resilient at higher levels, then they could see interest rates are going higher from here. that said, to me, the really big message coming out of the bank of england today was, even in the absence of further rises in interest rates, they really see these higher interest rates that we have seen more recently as he had to say for quite some time. yes. have seen more recently as he had to say for quite some time. say for quite some time. yes, and this is tami

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Transcripts For BBCNEWS Verified 20240704

notice, blaming the stand off over the debt ceiling which was ultimately lifted any last minute bipartisan deal. the feud was cited by fitch is one of the reasons for the downgrade. make no mistake, this is a major black eye for america. the us treasury, essentially government ious are seen as the bedrock of the global financial system. fitch is essentially pointing out there is an erosion of trust in american leadership. given the death and perceived safety of us treasuries, this downgrade is not likely to change its role in the financial system. likely to change its role in the financialsystem. it likely to change its role in the financial system. it could, likely to change its role in the financialsystem. it could, however, make it potentially harder and more expensive for the government to borrow in the future. right now the us government owes $30 trillion in debt. fitch is highlighting that the us government has too much debt doesn t have a way to bring it down. and at w

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Transcripts For BBCNEWS Verified 20240704

the charges are: conspiracy to defraud the united states. conspiracy to obstruct an official proceeding, obstruction of an official proceeding, and conspiracy against the rights of citizens. the former president is due to appear before a federal court on thursday in washington, dc, as our washington correspondent sean dilley explains. chanting: we love trump! he s the first president to be charged with a federal crime. but if previous cases are anything to go by, donald trump s third indictment is only likely to boost his popularity with republican voters. the charges he faces, though, are serious. the 45 page indictment accuses the former president of knowingly spreading false claims about election fraud to trick and persuade states into helping him overturn the election results. the police are now running back into the capitol building. he s not been charged with inciting the violent scenes of january 6th, but prosecutors have drawn a link. the attack on our nation s capita

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Transcripts For CNNW CNN 20240705

raising two kids in the city. deeply concerned that city hall is allowing crime and lawlessness to spread. now we can do something about it by voting yes on prop e. a common sense solution that ensures we use community safety cameras to catch repeat offenders and hold them accountable. vote yes on e. xfinity rewards presents: 1st and 10gs. xfinity is giving away ten grand to a new lucky winner for every first and ten during the big game. enter daily through february 9th for a chance to win 10gs. with the ultimate speed, power, and reliability the xfinity 10g network is made for streaming live sports. because it s only live once. join xfinity rewards on the xfinity app or go to xfinity1stand10gs.com for your chance to win. this is cnn breaking news. a furious president biden is now being forced to confront a key vulnerability facing his 2024 re-election bid, his age. special counsel robert hur released a scathing report on biden s handling of classified documents, and wh

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Transcripts For KPIX CBS 20240705

information about the apartment building that partially collapsed on sunday. heavy machinery is now removing debris, as search and recovery efforts continue. mosquitoes. they are pesky and persistent. there is a reason you may be feeling more bites this summer. what attracts mosquitoes to us? psammophile. norah: there is a new spelling bee champion, and the nor e, psammophile. that is correct. it is still kind of surreal. norah: and it is friday, so we go on the road. i couldn t read. started teaching yourself? yes, because practice makes perfect. dottie says it was reading that helped her find love again. a love that she had never known. the message she put across that day. really touched a lot of people s hearts. norah: good evening, and thank you for joining us on this friday night. we begin tonight with the majority of the country facing hot and humid temperatures, from the midwest to the northeast. 97 million americans across

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