From 5 to 5. 25 . And for the first time, its suggested that rates will stay higher for longer in an attempt to drive down stubborn inflation the rising cost of goods and services by reducing the amount of money we have to spend. Although todays increase means Borrowing Costs are at their highest level since 2008, it follows an era of unprecedented low rates. In previous decades, rates were much higher we can see here that in the 1980s rates got up to 18 before gradually falling. The bank today cut its forecast for economic growth, though it said the uk will avoid a recession. In a moment, well hearfrom savers, as well as families trying to cope with increasing costs, but first, heres our Chief Economics correspondent dharshini david. From cafe says customers may resist rate as higher mortgage and rent payments bite, to Estate Agents grappling with a sagging housing market, the hit from Interest Rates is clear. But for a very small minority, that impact is Life Changing. Minority, that
World. His News Platform capitalised on waves of Right Wing Populism in the United States and elsewhere that sometimes repelled conservatives to power and shape Public Opinion in their favour, sometimes landing in legal trouble. Favour, sometimes landing in legaltrouble. Fox favour, sometimes landing in legal trouble. Fox news, the crownjewel legal trouble. Fox news, The Crown Jewel in legal trouble. Fox news, the crownjewel in his portfolio, settled a Defamation Lawsuit from the application of President Trump was a false claims about the election for a historic 787 million. With another lawsuit in the works and with streaming and digital encroaching on mr murdochs cable and newspaper empire, the younger mr murdoch will have his hands full. Now to the developing story in Western Australia were a group of unions have announced they have accepted the proposals of an arbitrary deal to resolve disputes at chevron s two major Liquefied Natural Gas projects. It follows a similar move by the
Good afternoon, everyone. Id like the call this subcommittee meeting on the emerging threats and capabilities to order. Ill start with the Opening Statement, and then we will have an Opening Statement from you, and move on to the witnesseses. Thank you, gentlemen for being here. The subcommittee on merging threats and capabilities made to d today to receive testimony on the department of defenses efforts to counter weapons of mass destruction and we welcome assistant secretary for defense of Homeland Defense and Global Security, deputy rapuano, and Joseph Osterman who is the deputy officer of socome, and thank them for appearing before us today. This hearing is coming at a troubling increase in the proliferation of wmds by rogue states and terrorist organizations that pose a direct and growing threat to the National Security. While we are familiar with and concerned by the growing size and capabilities of north Koreas Nuclear program, we should be mindful of the efforts to expand the c
Erdogan said. And vows to hit back hard if needed. Good to have you with us. Police in macedonia have used tear gas, stun grenades, and loud warnings to keep migrants from crossing the border. Thousands are waiting as the head north to other european countries. The u. N. Has voiced concern that the situation is increasingly tense and precarious. Reporter these are the lucky ones. Police allowed a few hundred and. Syrian families made up most of them. Migrants the authorities deem vulnerable. The government says it will lead in limited numbers of others as long as the country will support them. Thousands are waiting between the greek and macedonian orders for the papers they need to travel onwards to serbia. On friday, the growing crush led to drama. Macedonia closed its borders. Special forces fired stun grenades into the crowd. Several were injured. Click [indiscernible] they shoot the people. Reporter some migrants were admitted that the countrys Prime Minister warned, we must keep a
Berney sanders rallies supporters. And two men pass the Army Ranger Training course. But they are not allowed to fight. We take a look at the issue of women in combat. We begin with another major rescue operation of italy. They found 3,000 refugees drifting in the mediterranean sea. It is the single highest number of refugees rescued in one day. Macedonian police using stun guns to stop thousands from pouring into their country. But many managed to get through anyway even though the border is closed. Reporter 48 hours after macedonia shut its border to refugees, the crowd makes a breakthrough. They didnt come this far to be held back. Hundreds do get through. Sprinting across open fields as Armed Police Units fire grenades directly at a mother and her two children. Until thursday, this was an investable open border, Railway Tracks leading through greece. And now they have no idea why they are being treated this way. Im not tourists. This is not tourists. This is not tourists. We are hu