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BBCNEWS World July 5, 2024

across the region. they re venting their anger over soaring fuel and fertilizer costs, low prices for their produce, and increasingly restrictive eu regulations. demonstrations by farmers are planned in poland, hungary and italy today. italy s government has promised tax breaks to ease hardship for farmers after hundreds began gathering with their tractors this week, on motorways outside rome and turin. this was the scene on thursday. and in cyprus, farmers blocked the entrance to the european union s offices in nicosia, on thursday. there were also demonstrations in bulgaria. and more tractor protests across spain for the third day in a row, with farmers disrupting traffic in barcelona, and in smaller cities all over the country. they say eu rules to protect the environment make them less competitive. they have also had to compete with imports from ukraine after brussels waived duties and quotas after the russian invasion. this and renewed eu talks on a south america t ....

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BBCNEWS World July 5, 2024

as samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserve s moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american central bank will raise interest rates one more time at the next meeting. the caller inflation is good news for consumers, also good news for consumers, also good news for the us presidentjoe biden who touted the administration s efforts to bring prices down. he is facing re election next year and being to control inflation without pushing the economy into a recession, will be key if you want another four years in the white house. if he wants. years in the white house. if he wante years in the ....

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BBCNEWS Newsday July 5, 2024

chief says turkey s president erdogan has now agreed to support sweden s bid tojoin nato. that was a priority for us presidentjoe biden, who touched down in vilnius on the eve of the summit. it s clears the last major hurdle for sweden s accession. let s take a listen to what the nato secretary general jens stoltenberg, had to say. i think what we did today builds and we did in madrid because they agreed to invite finland and sweden to become members and the ratification process has been finalised or finland, finland is already a full member and now president erdogan has indicated they are ready to ratify sweden. our correspondent lewis vaughanjones has been following developments in vilnius. it seems this nato summit here in vilnius will be getting under way after a very significant concrete achievement. ian s stoltenberg, the head of nato, announcing that turkey had agreed sweden could start the process to membership. ,jens. why is that so significant? within nato, ....

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BBCNEWS The July 5, 2024

they? forso companies have a dilemma, don t they? for so long, companies have a dilemma, don t they? forso long, governments haven t met their spending commitments. did they invest now in the next generations of weapons when they don t know how long the war might last? might last? exactly. first, thanks for havin: might last? exactly. first, thanks for having me- might last? exactly. first, thanks for having me. i might last? exactly. first, thanks for having me. i think might last? exactly. first, thanks for having me. i think they re - for having me. i think they re looking at stuff like many european companies. the concern is that all attention is on ukraine and nato members are talking about reaching the spending target that lots of countries have field to do. the big question is what will happen five or ten years down the line. the general who heads us forces to put together a report. in terms of where its focus will be, how in arms itself, what would you exp ....

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BBCNEWS World July 5, 2024

by 11 of the 31 members of the alliance. uk prime minister rishi sunak is expected to urge nato allies to learn the lessons from russia s invasion of ukraine and invest more in defence. joining me now is hugo brennan, research director at the risk intelligence company verisk maplecroft. good morning to you, hugo. so, just talk us through the level of defence spending going on at the moment. because this has been a contentious issue for years within nato, hasn t it? it very much has been, yeah. i mean, the first thing to say is the question of who foots the bill to pay for the alliance? as you say, that s long been a question mark. you ll remember back to 2019, when donald trump made it very much top of the agenda. and again, it s going to be in this latest nato summit. as you said, we re expecting some sort of agreement that will make it a requirement for nato member states to spend at least 2% of their gdp on defence spending, which would build on that 2014 agreement ....

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