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yes, a very warm welcome to all the business news. and we start here in the uk, where skyrocketing inflation is causing big problems for retailers. just how big will be revealed in a few hours when we get those retail sales numbers forjuly. if we look back, sales fell 0.1% month on month injune, and that was a better than expected result as rising energy and fuel prices dented consumer confidence. now that inflation is topping 10%, the british independent retailers association is calling for 100% rates relief to be introduced for smaller retailers, and an energy price cap for businesses. let us get more. andrew goodacre, ceo, british independent retailers association. good morning. thank you for joining us. you are calling for the smaller retail, rate relief and an energy price for business in general. just talk about energy, energy prices have gone through the roof stop how much is it hurting our retailers? how much is it hurting our retailers? ,., ., ., , retailers? ....
that. and the latest efforts in ukraine s war. trying to take back territory from russia. also, one of the biggest business fears about a potential chinese attack on taiwan is what happens to tsmc? this is the most valuable company in all of asia. it makes many of the chips in many of your high tech devices. i get a rare interview with the company s chairman and ask him about those fears. first, here s my take. is it possible that despite all the partisan noise and disbelief joe biden is actually managing to do something that he promised during his campaign? govern from the center. the evidence is piling up. if the compromise hammered out on wednesday between chuck schumer and joe manchin passes, it will be the largest investment in fighting climate change made by the federal government while also being the largest deficit reduction package in a decade. the deal comes on top of the chips and science act. that followed the first bipartisan gun control legislation p ....
just about everything nowadays has silicon chips in it, from phones and computers to kitchen appliances and cars. but the world has been facing a chip shortage, which has exposed just how dependent we all are on semiconductor manufacturers in asia, with the vast majority of chips produced by the taiwanese company tsmc. among those who want to wrestle back some of that market share is the us. today, president biden will sign into law a bipartisan bill to boost microchip manufacturing in the us. the $280 billion package is aimed at addressing supply chain problems exacerbated by the coronavirus pandemic. supporters call it a win for the nation s economy and security. here s our north america correspondent michelle fleury in new york. microchips, the digital brains of every piece of technology around us. but a global shortage has disrupted everything from the production of cars to household appliances.- of cars to household appliances. of cars to household a- liances. ., ....
ukraine s war trying to take back territory from russia. also, one of the biggest business fears about a potential for tsmc. it makes many of the chips in many of your high tech devices. i get a rather interview with the company s chairman and ask him about those fears. but first, here s my take. is it possible that despite all the partisan noise and exploit disbelief, joe biden is actually managing to do something that he promised during his campaign? govern from the center. the evidence is piling up. if the compromise hammered out on tuesday, it will be the largest investment in fighting climate change made by the federal government while also being the largest deficit reduction package in a decade. it comes on top of the chips and science act which makes research in critical technology. that followed the biggest gun referrals. governing from the center in today s world looks a lot different than it did in the past. when congress came together in the 1980s and 90s ....
hello and welcome to bbc news. the palestinian group islamichhad says it s fired over 100 rockets at israel. these images show the rockets being intercepted by israel s iron dome air defence system. it comes only hours after an israeli airstrike in the gaza strip, which killed a commander of the islamichhad group. the palestinian health ministry says at least ten people were killed, including a five year old child. this footage was released by the israeli army, which they say shows the moment the strike hit gaza. israel s prime minister yair lapid spoke about the airstrike in a television address earlier, where he promised to do whatever it takes to defend the israeli people. israel carried out a precise counterterror operation against an immediate threat. 0ur fight is not with the people of gaza. islamichhad is an iranian proxy that wants to destroy the state of israel and kill innocent israelis. the head of islamichhad is in tehran as we speak. we will do whatever it ....