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Transcripts For BBCNEWS World Business Report 20240709

Lets start here in the uk where people are asking if christmas will be cancelled again this year or will englands Winter Covid Plan ensure the festive season gets the green light . All will be revealed later when the Uk Government sets out its plans to tackle the virus over the coming months. The government has now confirmed it will begin vaccinating 12 to 15 years olds and is expected to lay out plans for a Booster Scheme for those already vaccinated. The government is also expected to repeal parts of the coronavirus act, such as taking the power to close down the economy away from downing street. Joining me now is Kate Nicholls, chief executive of uk hospitality. Before we get on the winter, i havent talked to you for a while. Where are things at right now for the Hospitality Industry given the challenges, staff shortages, that kind of thing . Staff shortages, that kind of thin . Staff shortages, that kind of thin . , staff shortages, that kind of thing . The Hospitality Industry is

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Transcripts For BBCNEWS The 20240704

and zambia has been seen by many as a test case for how well the common framework works. but despite protracted negotiations, the zambia debt relief deal has collapsed, raising doubts about the workability of the common framework. zambia s president hakainde hichilema, who inherited a huge debt overhang when he was elected in 2021 has been spearheading efforts to get the country s economy back on track. i spoke to the zambian president in an exclusive interview and began by asking him about the economy. i think we did our part as a country in terms of meeting our obligations. we did that well ahead of time. now it is for the other part of the stick to come on board. the bilateral creditors, i think we are doing reasonably well. delayed? yes, it was delayed. but the private creditors, we now need to close and put this to bed so that it can create the headroom we needed, we anticipated long before. but these delays are beginning to negate the gains that we already made as a

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Transcripts For BBCNEWS World 20240705

on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official

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Transcripts For BBCNEWS BBC 20240706

meanwhile, g7 leaders injapan announce new sanctions against moscow we ll have the latest from both summits. the tesco boss quits after allegations of inappropriate behaviour. in the next hour, nasa will announce the company to build spacecrafts for their latest expedition to the moon. welcome to bbc news. it is a day of two important summits with the war in ukraine being the common theme. at the g7 gathering injapan, world leaders met to discuss a new round of sanctions against russia. while at the arab league meeting in saudi arabia, president zelensky made a surprise visit, urging those attending, to support ukraine. he told the gathering injeddah that, on this, the asoth day of the war, the world needed to fight the virus of aggression from moscow stressing kyiv would not give up any sovereign territory to achieve peace. also making the headlines at that summit is president assad of syria the first time he s been invited to the arab league since the devastating

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