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Transcripts For BBCNEWS World Business Report 20240706



look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delive ....

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Transcripts For MSNBC Chris Jansing Reports 20240706



off lies he s told if convicted. testing the waters, florida governor ron desantis trying out new lines in iowa for a very unofficial kickoff to his widely expected presidential run. the latest legal developments for his potential rival donald trump. what he s saying about the manhattan d.a. investigating hush money payments to stormy daniels. we re also watching now a stock selloff which has been accelerating in the past hour. investigators are spooked by the second biggest bank collapse in u.s. history. our nbc news reporters are covering all of the latest developments and we begin with the selloff on wall street this hour. nbc s seema mody is with us. what has investors so concerned about the collapse of the silicon valley bank? well, chris, svp is certainly the story of the hour on wall street as the bank has been shut down for the day by california regulators, this as the large institution in silicon valley with really broad reach across the technology industry ....

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Transcripts For BBCNEWS The Travel Show 20240706



hello, this is breakfast with ben thompson and nina warhurst. and an eventful day at aintree racecourse. and an eventful day at aintree racecourse- and an eventful day at aintree racecourse. when we talk about athletes, racecourse. when we talk about athletes. we racecourse. when we talk about athletes, we talk racecourse. when we talk about athletes, we talk about - racecourse. when we talk about athletes, we talk about the - racecourse. when we talk about. athletes, we talk about the families and it s also about the connections and it s also about the connections and the owners. the connections are and the owners. the connections are a syndicate in scotland who own this horse and paid £17,000 and one of them is a 21 year old student called cameron strong, putting down £3500 and he will make £50,000! haw cameron strong, putting down £3500 and he will make £50,000! cameron strong, putting down £3500 and he will make £50,000! how did a student have and he ....

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Transcripts For BBCNEWS World Business Report 20240706



and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sp ....

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Transcripts For BBCNEWS World Business Report 20240706



that s the warning vfrom the head of america s central bank, the federal reserve. jerome powell warned more action might be needed to stabilise prices and keep inflation in check. many had been expecting another quarter percent rise in interst rates when the fed meets later this month, but after those comments, there are predictions that the rise could be even bigger. that s been enough to spook investors. it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. similar story in asia with hong kong s hang seng. and here s our north america business correspondent samira hussain to explain what it all means. last year, the federal reserve raised interest rates at the fastest rate since the 1980s, and it seemed to have helped inflation a little. but that labour market, it remains resilient. the lastjobs report showed a blockbuster increase of more than 500,000 jobs added injanuary. that s why the fed chair, jerome powel ....

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