Pledge to address corruption and reduce economic burden on true lancome. And that resonated with citizens who have been burdened with high living costs and rising poverty, even at a time when the economy overall seem to have stabilised. Now, anura kumara dissanayake promise to cut income taxes and slashes tells taxes on food and medicine, his also promised to renegotiate terms of the imf programme to make it easier for sri lankan. But experts say that he can manage to realistically deliver and fund the populous promises, while balancing sri lankan s. The foreign reserve is at $6 billion that can last forjust three months. Imf bailout line that forced his territory in order to boost government revenues is also halfway through and a deal to restructure the huge foreign debt by still not finalised. Stabilising the economy and manoeuvring lenders especially bilateral partners india and china will be one of the first test. This party so far has had a no experience in running a government, e
Finances were in a dire state. Hang on. There was this 22 Billion black hole. We spend 1200 Billion billion black hole. We spend i200 billion pounds every year in this 22 Billion so called black hole, a mere accounting device. In this whole debate, what the Labour Government are trying to do was to make the political point that the Conservative Party ran the country into the ground and therefore weve got to punish therefore weve got to punish the pensioners. It is absolute and complete rubbish. And what those we represent cant understand, these people who worked hard all their lives, have done their bit for the country, their total package is perhaps 13 or £14,000 a year. What they cant understand is that this so called saving of public money is actually going to go to Train Drivers who own £70,000 a year. Theyjust dont understand it. So for god sake, lets have a serious debate. Lets try to unite on this issue and lets not keep taking away benefits from people just above the Pension
As the us exchanges open here in new york. Lets cross live now to Shams Afzal, Managing Director at carnegie investment counsel. Of course, in the last hour, we had that adp data out. How are the markets reacting to this . I think this number, as well as tomorrows total data will probably not change the narrative that has been set already that the Jobs Market has softened quite a bit compared to a year ago. I think the more important data that came out earlier showed the number ofjobs available. If number of jobs available. If you number ofjobs available. If you went back to february 2023, there were almost two jobs open every Wedding Work out there, now that number has shrunk to every 1. 1 jobs to every willing work out there. They are finally getting these numbers so this put the Rate Cut Regime very much intact starting from september and that will be on benefit to the overall capital markets. . Benefit to the overall capital markets. ,. , benefit to the overall capital markets. . ,
Welcome to bbc news broadcasting to viewers in the uk and Around The World. We begin in cyprus, where a Spanish Charity ship carrying vital supplies is preparing to set sailfor gaza along a new maritime aid corridor. Its been loaded with around 200 tonnes of food and medical supplies. But, without a working port, its not clear yet where the ship will actually dock or how its cargo will be distributed inside gaza. 0ur middle east correspondent Quentin Somerville is in the Port City Of Larnaca in cyprus and sent us this report. Its a drop in the ocean of gazas need, but this is the first direct aid shipment by sea about to leave cyprus. The spanish ship The Open Arms, seen here in larnaca port, getting ready to set sail. It has a long journey ahead of it. The barge has 200 tonnes of desperately needed essentials rice, flour and pre prepared meals. This has taken months in planning. The cargo was loaded all weekend. The final Security Clearances from israel came through in the last few ho