the only advantage to all of this is that instead of reversing what we did on the ira to save the planet or reversing what we did to reduce the cost of prescription drugs, you re wasting time. you look miserable. former house speaker nancy pelosi calls out republicans for their grievance politics and using the house floor to appease donald trump by censuring democrat adam schiff, who led the first impeachment against the former president. it comes as there s a growing riff between two of the most outspoken, far-right members of the house over how and when to impeach president biden. also ahead, we re learning more about the case special counsel jack smith is building against donald trump in the classified documents case. not looking good. plus, a man convicted of attacking a washington, d.c., police officer during the capitol riot shows a complete lack of remorse for his actions. we ll show you the officer s reaction to what happened in court yesterday. and we ll have
in the past hour we have just had an update on some important data. they show the world s biggest economy is still growing but more slowly than first thought. the first three months of this year the us economy grew by 1.1% months of this year the us economy grew by1.1% and months of this year the us economy grew by 1.1% and that is on an annualised basis with consumer spending still remaining pretty strong but many analysts have been expecting today s figure to be closer to the 2% mark with all of this of course adding to fears that the american economy is running out of steam so let s get the thoughts of steam so let s get the thoughts of samir hussein, our north american business correspondence standing by new york and that is the question, isn t it. is this just a temporary blip or are we on a longer term slowdown? because we have talked a lot about the us avoiding recession. this will be welcome news. they can certainly not. this demonstrates the us economy is certainly l
and winds of change. cloud computing, augmented reality, and 100km/h yachts! how sailgp hopes to get the video game generation on board. this we start with the cost of borrowing because it is on the rise again. in the next few hours the bank of england and the european central bank are both expected to increase their main interest rates by half a percentage point to their highest in m years as they battle to bring inflation under control. good news for savers of course, but piling more pressure on businesses and many people with loans and mortgages. for the bank of england, it would be the tenth rise in a row and would take the cost of borrowing to 4% its highest since 2008. on wednesday the us federal reserve announced a quarter percent increase a much smaller rise than in recent months. but its chair, jerome powell, warned that it would not be the last. as samira hussain in new york reports after in new york reports a year of aggressive rate increases after a year o
freezing temperatures. the uk economy at a standstill new figures show even though we narrowly avoided falling into recession in 2022, there was no growth at all in the final three months of the year. elon musk s spacex carries out a key test on what s set to become the most powerful rocket system ever built. and a new video game set in the world of harry potter is released amid controversy surrounding the character s creatorjk rowling s views on transgender people. hello and welcome if you re watching in the uk or around the world. four days after two deadly earthquakes struck turkey, devastating a large swathe of the south east of the country as well as northern syria, some survivors are still being pulled out of the rubble. in turkey s hatay province, a ten day old boy was saved along with his mother. nearby, a seven year old girl was rescued and taken to hospital. this is the scene live from gazantiep in southern turkey. in freezing cold temperatures, and with hunger se