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BBCNEWS BBC News July 7, 2024

the commonwealth games open in birmingham. more than 5,000 athletes from 72 nations and territories will compete over the next 11 days. welcome to world news america on pbs, in the uk and around the globe. we begin tonight with fears of a recession here in the united states figures out today showed the economy shrank for the second quarter in a row. prices for groceries and petrol are rising at the fastest pace in forty years. this comes after the us central bank on wednesday raised interest rates for the fourth time this year. but president biden says the underlying economy is still strong. let me just give you what the facts are in terms of the state of the economy. number one, we have a record job markets of record unemployment at 3.6% today. we created 9 million newjobs so far just as i ve become president. businesses are investing in america at record rates, that doesn t sound like a recession to me. joining us now is former economic adviser to barack 0bama and profess ....

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BBCNEWS Newsday July 7, 2024

and the return of the tiger why nepal kept its promise to double numbers in the last decade. live from our studio in singapore. this is bbc news. it s newsday. it s 7am in singapore, and 7 in the evening in washington where president joe biden spent more than 2 hours on the phone with his chinese counterpart, xijinping. the two leaders warned each other over taiwan which again emerged as a key point of tension. this time the tensions started because of a possible visit there by the us house speaker nancy pelosi. although the visit hasn t yet been confirmed mr biden told xijinping, that washington strongly opposed any unilateral moves that would change the island s status or undermine stability across the taiwan straits. president xi said: those who play with fire will only get burnt. joe biden responded to that with on taiwan. the us policy has not changed. so where does that leave us? well, with an assessment of that phone call here s the bbc s barbara plett u ....

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BBCNEWS Newsday July 7, 2024

over the next 11 days. and the return of the tiger how nepal has kept its promise to double its population of the wild animals in the last decade. live from our studio in singapore. this is bbc news. it s newsday. it s 6am in singapore, ”pm in london and six in the evening in washington where presidentjoe biden spent more than two hours on the phone with his chinese counterpart, xijinping. the two leaders warned each other over taiwan which again emerged as a key point of tension. this time the tensions started because of a possible visit there by the us house speaker nancy pelosi. although the visit hasn t yet been confirmed mr biden told xijinping, that washington strongly opposed any unilateral moves that would change the island s status or undermine stability across the taiwan straits. president xi said: those who play with fire will only get burnt. joe biden responded that on taiwan, the us policy has not changed. so where does that leave us? well, with ....

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BBCNEWS Newsday June 4, 2024 23:09:00

Personnel anti communists say we are not in a recession. let mejust give you we are not in a recession. let me just give you what the facts are in terms of the state of the economy. number one, we have a record job markets, record of unemployment at 3.6% today. we ve created 9 million newjobs today. we ve created 9 million new jobs so today. we ve created 9 million newjobs so farjust today. we ve created 9 million new jobs so far just as today. we ve created 9 million newjobs so farjust as i become president. businesses are investing in america at record rates. that doesn t sound like a recession to me. a short while ago i spoke to maury obstfeld, a professor of economics at the university of california, berkeley and previously chief economist at the international monetary fund. i asked him why the us is saying it s not experiencing a recession. well, two consecutive quarters of negative growth is concerning, but it wouldn t fit anyone s definition of recession, certainly not the nat ....

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BBCNEWS BBC News June 4, 2024 21:01:00

The commonwealth games open in birmingham. more than 5,000 athletes from 72 nations and territories will compete over the next 11 days. welcome to world news america on pbs, in the uk and around the globe. we begin tonight with fears of a recession here in the united states figures out today showed the economy shrank for the second quarter in a row. prices for groceries and petrol are rising at the fastest pace in forty years. this comes after the us central bank on wednesday raised interest rates for the fourth time this year. but president biden says the underlying economy is still strong. let me just give you what the facts are in terms of the state of the economy. number one, we have a record job markets of record unemployment at 3.6% today. ....

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