To supplies due to conflict calmed down a day after saudi arabia pledged to stabilise the market. The neck he is up to. 6 this morning. 1. 2 mac 6 the central bank said it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the Us Central Bank will hike rates before the year is out, theyve seen it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. Meanwhile, the interest paid on Us Government bonds is also moving toward its highest levels in more than 15 years. That could end up having the same effect as a Fed Rate Hike without the fed having to act. During that september meeting, participants viewed the economic climate, including strong growth and a cooling labour market, as positive indicators, but since then, we have seen a Red Hot Octoberjobs report beating expectations, and we have seen a full blown conflict erupt between israel and hamas in the middle east. That will restrict oil supply that would elevate prices and contribute to headline inflation. The next time the fed meets, it will clearly have a whole new lot of circumstances to consider. Meanwhile, the world bank has told the bbc that after covid, Extreme Poverty increased for the first time in decades. The banks Senior Managing Director said more funds are needed to tackle it. Our Business Editor faisal islam spoke to him at its annual meeting in marrakesh. 25 years ago, Extreme Poverty affected a third of the world population. It is now around 9 . That is progress. We want to go to 3 by 2030. That is a challenge, largely also because of covid and other crises. Alpecin bangladesh, i was in bangladesh celebrating 50 years. But there is progress. We see that everywhere, and we celebrate sometimes this is partnerships between the bank and the country. Earlier this year, i was in bangladesh, celebrating 50 years partnership, and it has been an amazing journey, where this country has developed into a lower middle income country from a standard where they had barely 50 per capita per year in 1971. Higher gdp per capita than india . Yeah, and now it is higherthan in india. What is different as some of the crises that are now global crises like climate that are so consequential that we need to deal with them urgently. To india now where the Financial Crime probing agency the enforcing directorate has arrested a Chinese National who works for Smartphone Maker Vivo in a case of alleged Money Laundering on tuesday. Vivo has denied any wrongdoing but other chinese players have faced growing scrutiny in India Following that tense Border Clashes in 2020. My colleague has more from mumbai. The arrest of the vivo employee by indias Financial Crime agency is just the latest in a spate of controversies that have dogged Chinese Companies in india in recent years. Vivo has said it is deeply concerned and exercising legal options. One of the lawyers i spoke with said the Money Laundering provision, under which this arrest has been made, is very stringent and used to deal with criminal cases though not civil offences. Vivo, along with 0ppo and xiaomi, are facing a separate Tax Evasion Investigation in this country. In fact, indias it minister has accused the firms of collectively not paying over 1 billion worth of taxes earlier this year. Reports even suggest indian authorities are keeping a strict watch on chinese investments in the auto sector, with car makers like mg motor and byd facing difficulties obtaining visas and executing plans for expansion. Chinese apps like tiktok are already banned in india and earlier this month Indian Police also arrested journalists from the portal news click over alleged foreign funding from china, a charge that the founders have denied. Despite these ongoing tensions, indias bilateral trade with china grew at a record pace in 2021 and 2022, a reflection of how difficult it is for new delhi to reduce its economic dependence on chinese imports. And morning news, preliminary Quarterly Results a post pandemic downturn. Quarterly results a post pandemic downturn. Samsung electronics pandemic downturn. Samsung electronics estimates pandemic downturn. Samsung electronics estimates its electronics estimates its Third Quarter profit will likely come at around 1. 8 billion. That is a 78 drop compared to the previous year. The company also said it is a smaller than expected bowl. Following a pandemic driven boom. When Remote Working took off demand however tailed off after the pandemic when more people return to office a. Attack adler said the situation should improve in the near future. I should improve in the near future. ~ , should improve in the near future. ~ , , future. I think these results are certainly future. I think these results are certainly encouraging i future. I think these results are certainly encouraging inj are certainly encouraging in the sense that i think these drops and profitability seem to be tapering out and i really do not see prices for chips dropping any more. We are at the bottom of this cyclical cycle i think and looking at the next few quarters and probably into 202111 think we will see recovery in this market. Lets go to indonesia now, where there is plan to develop an industrial park, and that has been met with resistance by locals on Rempang Island close to singapore. The megaproject will eventually displace 5500 residents to make way for various industries, including a chinese owned solar panel and glass factory. My colleague sent this report. Indonesias downstream inc strategy, inviting direct investment into the countrys Manufacturing Industry will see this village transformed into an industrial eco city. A chinese firm has agreed to build a factory here to manufacture glass and solar panels. This island is rich with quartz sands, one of the main components to making solar panels, and it is also strategically located because it is very near to singapore, which you can see from here. There are 16 old villages in the island and most people have been living here have been living as fishermen for decades. The Development Plans for rempang have been around for about 20 years but were on pause until recently. The fresh push and the idea of relocating led to protests from the locals. The first phase of the factory will lead to about up for the governments alternative housing plan. Translation the location is ready. But on a50 hectares. There, we will have public schools, health facilities, football fields, masks, and transport rates, we will build them all. Mosques the Designated Place is still covered with vegetation. The promised settlement wont be ready for another two years. While waiting, families will be temporarily moved to another city, far from the ocean. This person is amongst those reluctant to move. The centenarian has eight children, 30 grandchildren and 29 great grandchildren, all of them live in the same village. Translation if All My Children have moved out, i will come with them. But if they refuse, if there is no place to go, no compensation, i will try to stay. I am already old. If i die, where will they bury me . Out in the ocean . In more news, the European Union has told Mark Zuckerberg that facebook and instagram have 2a hours to comply with their laws to stop the spread of disinformation, after the hamas attack on israel. A spokesperson for the Social Media Platform said that they have put measures in place to respond to the rapidly evolving situation. Social media platforms have seen a huge surge in misinformation about the conflict, including doctored images and mislabelled videos. Chassis birkenstock got onto a rocky. The worst debut from a Company Worth more than what billion dollars into mccue. Exxonmobil has agreed to buy us rival. At a value of nearly 60 billion. Sex on the biggest producer and the Largest Oil Field in the us where it is relatively cheap to drill for oil and gas. Those are all the big stories that we are tracking. You can find more of the stories in the world of Business Up On Our bbc news website. The war in israel and gaza remains a big focus so do stay on bbc news. Thank you for watching. Bbc news bringing you different stories from across the uk. Is fully trained beekeepers these Primary School children in the Yorkshire Dales are getting out of the classroom and as close as they can to nature. Their teacher and parents wanted them to learn firsthand about the Great Outdoors and the bees vital place in the ecosystem on the doorstop. I vital place in the ecosystem on the doorstep the doorstop. I wanted to have a beehive the doorstop. I wanted to have a beehive and the doorstop. I wanted to have a beehive and then the doorstop. I wanted to have a beehive and then laurie the doorstop. I wanted to have a beehive and then laurie and | a beehive and then laurie and joe came along and said they would train the children. The idea of allowing children to do the Beekeeping Isjust such idea of allowing children to do the beekeeping is just such a fantastic experience for them. Bee populations are said to be under pressure in some parts of the world, and the children are also learning about their vital role as pollinators. If it also learning about their vital role as pollinators. Role as pollinators. If it was not for the role as pollinators. If it was not for the bees role as pollinators. If it was not for the bees we role as pollinators. If it was not for the bees we would i role as pollinators. If it was i not for the bees we would not have as much food as we do and it is a case of looking after the ecosystem around the school. I the ecosystem around the school. , the ecosystem around the school. ,. , school. I wanted to volunteer and it is really school. I wanted to volunteer and it is really nice school. I wanted to volunteer and it is really nice and school. I wanted to volunteer and it is really nice and i and it is really nice and i have and it is really nice and i have tasted the honey and it tastes have tasted the honey and it tastes really nice. It is sweet tastes really nice. It is sweet tastes really nice. It is sweet. ,. ,. , sweet. For more stories from across the sweet. For more stories from across the uk sweet. For more stories from across the uk head sweet. For more stories from across the uk head to sweet. For more stories from across the uk head to the sweet. For more stories from | across the uk head to the bbc news website. I am soft with a catch up. The Israeli Embassy in london has confirmed 26 year old jake marlowe, a british citizen missing since saturday, has died in israel. He was working as Security Staff at a Music Festival near the gaza border when he disappeared. The bbc has learned that 17 uk nationals are dead or missing since the militant group hamas launched attacks on saturday. Meanwhile israels Prime Minister and Opposition Leader agreed to form an Emergency Government to manage the countrys response to saturdays attack. The death role from the hamas attacks average 1200 and you Canjohn Mcewen is calling for Essential Supplies of food and water to be allowed into gaza. Gazas Health Ministry have said 1100 people have been killed in air strikes and its only Power Station has run out of fuel. You can find all the latest updates on this on the bbc website. Next, londons Luton Airport has now reopened. This is after a fire yesterday caused its car park to partially collapse document flights were suspended until mid afternoon, causing disruption for thousands of passengers. Fire service assay the blaze appears to have been accidental though. And now for ten seconds of wildlife photographer of the year. Laurent blaster one this years prize with this picture that you can see on screen of horseshoe crab. Bees next maps are among some of the other winners in the category. What an amazing amazingly talented bunch of photographers. You are all caught up now. See you later hello and welcome to sportsday with me, will perry. Coming up a Rohit Sharma Record breaking century fires india to victory over afghanistan at the cricket world cup. Waynes world at st andrews, as rooney hopes to take Birmingham City to the next level. And wales cruise past gibraltar in a friendly with a debut for the son of familiar welsh face. Rohit sharmas record breaking century fired india to an 8 wicket victory over afghanistan at the cricket world cup. Afghanistan were 63 3 when captain Hashmatullah Shahidi and Azmatullah 0marzai put on 121 for the fourth wicket, but Jasprit Bumrahs 4 39 reduced them to 272 8 in delhi. Rohit sharma then hit 131 from 84 balls, his 7th world cup ton, a new record, beating the six of the legendary sachin tendulkar. India reached their target with 15 overs to spare