Hello. In a major speech, indias Prime Minister has described his governments much criticised decision to revoke the special status of indian administered kashmir, after seven decades, as a major achievement. Narendra modi is giving a nationwide broadcast to mark indias Independence Day, his first since he won a massive election mandate. The disputed region has been in lockdown for more than a week, with internet and phones cut off, hundreds of people detained. Heres hundreds of people detained. A little of what he ha say heres a little of what he had to say about kashmir. Translation heres a little of what he had to say about kashmir. Translatiosz is our duty to fulfil the wishes and aspirations of the people ofjammu and kashmirand aspirations of the people ofjammu and kashmir and ladak. Aspirations of the people ofjammu and kashmirand ladak. Its our responsibility that their dreams are fulfilled and the 1. 3 billion people of india after work towards that. In order to achieve that go
In italy, the Coalition Government faces a challenging day ahead. Later the countrys Prime Minister, giuseppe conte, will be making a speech at the Italian Parliament and could face a vote of no confidence. This all comes at a time when europes fourth biggest economy continues to struggle. Italy currently has a massive 2. 3 trillion worth of public debt, which is equivalent to 133 of its overall gdp. Italian banks are most exposed to any default, but french, german and british banks are also at risk. The Italian Economy is still recovering from a recession last year. It grew marginally at the beining of the year, but since then, growth has been stagnant. Despite this, the Italian Government is forecasting growth of 0. 2 for the year, which is above estimates from the European Commission and imf. A major problem is the countrys stubbornly high Unemployment Rate of around io . But it is italys massive youth Unemployment Rate which is causing nightmares. It currently stands at a huge 28.
Are deep area of low pressure. Isobars a re close deep area of low pressure. Isobars are close together, wet and windy. The rain initially across scotland, Northern Ireland, Northern England and wales, south west england, it will slide south and east through the day, quite persistent. Turning dryerfrom the day, quite persistent. Turning dryer from the north through the afternoon albeit with blustery showers and it will be a windy day again, those gusts micro quite widely 30 a0 miles an hour, perhaps 45 for some southern and western coasts, a call feel was persistent rain and tricky travelling conditions across england and wales. 1819dc conditions across england and wales. 18 i9dc here, in the sunshine further north maybe 20 21. The rain slowly slides of scotland, Northern Ireland, the far western fringes of england and wales by the end of the night so further west temperatures not much lower than is ilidc, further east we could see them dipping into high single figures across parts of
The pound drops further. Financial markets think a no deal brexit is increasingly likely, sending the pound close to its lowest in 30 years. Good morning. Yesterday some torrential thundery downpours lead torrential thundery downpours lead to some flash flooding in parts of yorkshire. Today we could see some more of that as we continue with some heavy, thundery downpours. The drier across some southern and south western areas. I will have more in 15 minutes. The latest uk climate data has revealed that the ten hottest years on record have all taken place since 2002. Analysis of temperature records dating back to 1884 also reveals that none of the ten coldest years have occurred since 1963. Scientists say the report underlines how much the uk has been affected by Climate Change, as our science editor David Shukman explains. Temperatures so low, the sea off kent actually froze. This was back in 1963, one of the chilliest years experienced in britain over the last century. But what is sig
State bob joining us this morning along with tennessee senator Senate Armed Services Committee Marsha blackburn. 5 cohost Juan Williams, big 3 hours coming up right now. Fox Business Network dagen mcdowell, wall street journal assistant editorial James Freeman and former republican president ial candidate steve forbes, good to see everybody this morning. Good to be with you. Steve and i jumped into mcdonalds on fifth avenue, breakfast of champions. Make maria great again, even greater. Maria oh, my god. Thats right. Maria markets are higher, we had the powell conversation yesterday and, of course, testimony hit markets on the upside, we got that optimism once again this morning, the chairman jay powells comments about the rate cuts and and the backdrop for the economy, the central bank sounded doveish citing global and economic conditions, watch this. We look at a broad range of data, since the june meeting and for a period before that, the data have continued to disappoint. Lets go to