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Transcripts For BBCNEWS Business Today 20240919

Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats aBout to change. Mr powell and his colleagues are set to Interest Rates. In york, the arrival of autumn marks a change. After raising Interest Rates 11 times, americas Central Bank is all But certain to unwind that, But how quickly they go down from here is still up for graBs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the reBirth of the economy, as inflation falls closer to the feds official target of 2 , is yet another moment

Transcripts For BBCNEWS Verified 20240703

Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha

Transcripts For BBCNEWS World 20240703

A reminder of the breaking news this hour. Apologies for the departure of our camera. Israel has told the United Nations that more than a million palestinians must leave the Northern Gaza Strip further blasts have been heard overnight in gaza, as Israeli Forces aim to eradicate the Hamas Militant Group in the wake of saturdays attacks. This is the scene live in gaza where it has just gone 7 30 in the morning. The un said the order by the Israeli Military also applied to all of its staff and those sheltered in un facilities, including schools, Health Centres and clinics. An hamas official, quoted by the reuters newsagency, said that the Relocation Warning from israel was fa ke propaganda. That is the life seen over gaza as we entered the seventh day of this conflict. At other points we have seen fresh plumes of smoke over the area, indicating fresh rocket fire coming into the area. We have had heard so many humanitarian issues, shortage of supplies and hospitals. We will return to any b

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