Afternoon if you are watching from asia. Im Francine Lacqua in london. Ato era july manufacturing 46. 5, a touch above expectations. Watch,llar is one to also the u. S. 10 year yield. The markets broiled from what we heard jay powell say. Said they peace time rate cut has had an impact on the dollar extending. European stocks up. Pound is the one we have been watching for. 2110, this depends on whether goes for a hard brexit. Oil, 57. 8. We have an exclusive conversation with an exclusive executive and joining us later, the global head of research for blackrock. Before we get to all that, lets get to the first word news in new york city. Quarterpoint cut from the benchmark rate by the fed. That says it will stop drinking the Balance Sheet in august shrinking the Balance Sheet in august. This move dashes hope for a move. Er dovish it is intended to ensure against Downside Risk from week Global Growth and policy uncertainty. To promote a faster return of inflation to symmetric 2 objectiv
Aaron armstrong in the gb newsroom. The chancellor has welcomed the bank of englands decision to hold its base rate, saying its better not to rush into cutting Interest Rates. It has been left unchanged. Therefore, for a sixth time at 5. 25, the governor of the bank, Andrew Bailey, was optimistic. Hes hinted a cut may come as early as june, but says that is by no means a done deal. Jeremy hunt says things are improving. I welcome the fact that the bank of england has obviously thought about this very hard. They take this decision independently and i would much rather that they waited until theyre absolutely sure inflation is on a downward trajectory. And rushed into a decision that they had to reverse at a later stage. What reverse at a later stage. What we want is sustainably low Interest Rates and i think whats encouraging is that the bank of england governor for the first time, has expressed real optimism that were on that path. However, the shadow chief secretary to the treasury, d
Night on q a on cspan. Marr,ning us now is chuck the director of federal tax policy. He is here to talk about how the federal government spends the taxes that citizens pay. Thank you for joining us. Whoad a caller last week really wanted us to look more about how tax revenue is spent. Thats why we have you here today. How easy is it to follow the money of taxpayer funds . Easy, there are major categories of spending. Budget, theout the first is the defense budget, which is roughly about a fifth of expenditures go towards the military to pay for the defense of the country. And then roughly another fifth would go to Social Security. A very Successful Program that manages peoples retirement, retirement programs, Disability Program spread than you get another chunk, which iS Health Care. Medicare,ose one is and medicaid which we have seen in the news very much this year S Health Care for lower income people and also helps nursing home care for older people. Now we see it as part of the hea
So we turned around and sees the police right there. Reporter then you can see something next to his foot. Then the officers gave several commands to drop his gun before firing shots. But from the short clip, and that does not show the entire incident, you cannot see a gun during the struggle. That is what is bothering the family. My brother did not pose any threat to the officers. He was not pointing in the gun. We want do justice. He is still working for bart, and he has not got a mental evaluation. Reporter bart says that matteo was cleared and has passed a mental test. He returns to full duty on january 18. Bart says that any loss of life is tragic, and they are committed to a full independent investigation. Coming up at 6 00 p. M. , i spoke with the attorney for the family and he has a lot to say about this video. So this is only part of the video. The entire the camera video has not been released. Are we going to be able to see that . Reporter as of right now, it is still under i
I saw fighters execute civilians in a Revenge Campaign in syria. Hello im adrian from again this is live from doha also coming up catalonia as leader is asked to appear before the Spanish Senate to explain his intentions on independence. Accusations in the israeli media that the countrys weapons sales are helping to promote conflict in other parts of the world and after a decisive election victory japans Prime Minister says he will take a stronger stance against threats from north korea. Details are emerging of whats being called a massacre in the syrian town of attain witnesses say that i still fighters carried out a Revenge Campaign in the town killing more than one hundred people before its capture by Government Forces the syrian observatory for human rights says the killings in central holmes took place over a fifty three week period iceland accused of the civilians of collaborating with Syrian Regime forces. They attacked us like animals they came to kill us they killed children a