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Transcripts For BBCNEWS Asia 20240704

Things like volatile food and energy prices, so called Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers a0 year highs, but it is still well above what the Federal Reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they dont need to raise Interest Rates further. The us central bank, you may recall, raised its benchmark Interest Rate to more than 5. 25 percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. So while its too early to say Mission Accomplished from the white house to wall street, ....

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Transcripts For BBCNEWS Verified 20240704

Time for a look at the Business News now with marc ashdown. Hello, this is World Business report, im marc ashdown. We start in the us, where the all important Inflation Data is just out. Prices inched up injuly, but less than expected. The Consumer Price index, a key inflation figure, rose 3. 2 compared to a year ago. It was running at 3 injune, so on the face of it, the pace of price rises has ticked up again. But the markets had expected a bigger increase, so could todays figure be good news . And could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets bring in our north
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Transcripts For BBCNEWS BBC 20240704

Flames. This is one of the worst affected areas. 0fficials flames. This is one of the worst affected areas. Officials say they are struggling to assess the full extent of the damage, and warn the death toll may rise further. Is anybody still out here . Its time to go these are the desperate calls for people still in the historic City Of Lahaina on the island of maui, as the flames on the marina gets closer and closer. Many neighbourhoods were burned to the ground as the western side of the island was nearly cut off with only one highway open, and thousands trying to evacuate as officials told of widespread devastation in the town, its harbour and surrounding areas. Some people fled into the ocean to escape the smoke and flames. I was the last one off the dock, when the firestorm came through the banyan trees and took everything with it. And ijust ran out to the beach and i ran south, and ijust helped everybody i could along the w ....

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Transcripts For BBCNEWS BBC 20240704

High street chain wilko says it has appointed Administrators after failing to secure a rescue deal. You will remember this chain has been in the news for the last couple of weeks with concerns over whether it will be rescued. It looks like the rescue deal has fallen through and they have appointed Administrators. 12,000 people, it looks like, at risk potentially, following the news that wilko has appointed Administrators. We will bring you any more detail when we get the story but the Breaking News, wilko, the high street chain, has appointed Administrators. Here in the uk, police and the West Midlands say they are treating a fire at a
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Transcripts For BBCNEWS BBC 20240704

Unpunished. The Bbc World Service Latin America regional editor Leonardo Rocha reports. Mr villavicencio was shot dead as he finished a rally in the capital, quito. He was approached by a gunman who shot him in the head three times be or they escape. He was a former union leader, a former journalist who clashed with other politicians in the past for his role as an investigative journalist, and he was a current member of congress. He was running on an Anti Corruption and Pro Environmental campaign. He was one of several candidates running for president. The first round of the election will take place on august 20, he was Opinion Polls put in
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