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Transcripts For BBCNEWS Business Today 20240920

In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has deli ....

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Transcripts For BBCNEWS The Context with Christian Fraser 20240706

house republicans accuse president biden of hypocrisy, after the discovery of classified documents at his private residence. but will the republican investigation be as even handed as they claim? tonight with the context. kezia dugdale, the former scottish labour leader, now the director atjohn smith centre glasgow university and the republican political analyst and former spokesperson for the republican national committee doug heye. hello, welcome to the programme. the government in westminster has taken an unprecedented step. it is refusing royal assent to new legislation approved by the scottish parliament. the bill in question, removes the legal and administrative hurdles that people are forced to negotiate in order to change their gender. it will also lower the age at which people can apply for a gender recognition certificate, from 18 to 16. but here s the issue. gender recognition is a devolved power, equality legislation across the british isles is a reserved power. t ....

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