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BBCNEWS Newsday July 6, 2024

bbc news. studio in singapore, this is bbc new- welcome to bbc news. our top story today: the us defence secretary says he had a rare phone call with his russian counterpart in the aftermath of a collision between a russian fighterjet and a us drone. the race is now on to recover the wreckage of the drone which is thought to be 1,200 metres deep in the black sea. russia has also said it will try to find the wreckage. meanwhile, america s top general said the whole incident was a result of russia s increasingly aggressive behaviour in the area. us defence secretary lloyd austin gave this update earlier. asi as i have said repeatedly, it is important that great powers be models of transparency and communication. the united states will continue to fly and to operate wherever international law allows. and it is incumbent upon russia to operate as military aircraft in a safe and professional manner. our diplomatic correspondent, james landale, has this report from kyiv. thi ....

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BBCNEWS Newsday June 4, 2024 01:12:00

Pre pandemic level. not returned to its pre-pandemic level. not returned to its re-andemic level. ~ ., pre-pandemic level. what you say to peeple pre-pandemic level. what you say to people who pre-pandemic level. what you say to people who say - pre-pandemic level. what you say to people who say this - pre-pandemic level. what you say to people who say this is l pre-pandemic level. what you j say to people who say this is a budget for the rich, allowing people who are already well off, already earn a lot, save more their pensions? qt off, already earn a lot, save more their pensions? of course we want to more their pensions? of course we want to help more their pensions? of course we want to help older more their pensions? of course we want to help older people i we want to help older people who want to stay and work and by definition they will generally be on higher salaries, but nearly five times more help is going to young parents. more help is going to young arents. ., . . ....

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BBCNEWS Newsday June 4, 2024 01:10:00

Soaring energy bills have been a massive factor in crippling family finances in the last year. the government s help to ease the burden is to be extended until the summer. this measure will save the average family a further £160 on top of the energy support measures already announced. here is another choice the chancellor has made, maintaining the 5p a litre cut in fuel duty and not putting it up in line with rising prices. that saves the average driver £100 next year and around £200 since the 5p cut was introduced. the headline rate of corporation tax is going up, not popular among all his mps. businesses will pay less, though, if they put money into their future growth. that means that every single pound a company invests in it equipment, plant or machinery can be deducted in full and immediately from taxable profits. a big part of this budget is getting ....

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BBCNEWS Newsday June 4, 2024 01:08:00

In banking. in other words, there are issues of interconnectedness, there are issues of which other backs, for instance in europe, would be exposed to credit suisse, and that s where the european banks in general including eurozone banks come into question, not mentioning even asian banks. the market is very nervous for risk contagion and that s the issue that we need to wait and see if another 2a hours, 48 hours to see what emerges. hours, 48 hours to see what emerges- emerges. that was fariborz moshirian, emerges. that was fariborz moshirian, professor - emerges. that was fariborz moshirian, professor of - emerges. that was fariborz . moshirian, professor of finance and banking at the university of new south wales, speaking to me a little earlier. the british chancellor, jeremy hunt, has pledged to build for the future in his first budget, promising it will deliver economic growth. he told mps that the country s financial forecast has improved, and the economy will avoid going i ....

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BBCNEWS Newsday June 4, 2024 01:11:00

More people into work. there are measures to help those with disabilities and 50 and 60 somethings tempted to retire. now they will be able to save more in a pension, tax free every year. in the round, ministers want this to be seen as a steady as you go budget. the this to be seen as a steady as you 90 budget- you go budget. the optimists are right- you go budget. the optimists are right. we you go budget. the optimists are right. we stick you go budget. the optimists are right. we stick to - you go budget. the optimists are right. we stick to the - you go budget. the optimists| are right. we stick to the plan because the plan is working and i commend this statement to the house. in i commend this statement to the house. , ,., , house. in response the opposition house. in response the opposition parties - house. in response the| opposition parties were scathing. opposition parties were scathing- opposition parties were scathinu. ., , scathing. managed to climb, britain going ....

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