hello there. governments around the world should subsidise food and edgy for the poorest members of society to double the cost of living crisis. that s the call from the head of the international monetary fund. she is concerned that if central banks raise interest rates too aggressively to tackle elation, stoked by the war in ukraine, they could cause recessions. she says any financial help from governments must be carefully targeted to avoid making inflation worse. they ought to care for and review who and what to support, to prevent the tightening of financial conditions and the shock but inflation is now causing one confidence, to turn what is still a positive world projection into the recession, you rightly are concerned about. so we say to our members, be very careful how much you spend and what for you stand. there are two priorities. one, the very poor people, segments of society that are now struggling with high food and energy prices. for people for whom this is like
If the conflict spreads to other parts of the region especially iran, it could immediately impact well prices because even though iran has been under sections for the last two years it has pumped well quietly and provided them to customers across the globe. The white house has turned a blind eye especially with the last year or two because its been trying to smooth relationships between iran and the western world. Now if the white house enforces the sanction that means the supplier from sanction that means the supplierfrom iran could be cut off and comes at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of 0pec , have been reducing Oil Production by 1. 3 alien Barrels Per Day and will keep doing it until the end of the year. There is a good chanceit the year. There is a good chance it could continue into next year as well so if this happens and they will be a where there will be less oil supply, wh
Which is pretty spice y. By all accounts. Good evening. In his first speech to the Party Conference as tory leader, rishi sunak said he is only too happy divide opinion and seemingly his own party if thats what it takes to put britain on a long term path to success. But his first big change is to scrap the northern leg of h52, the High Speed Railway that was supposed to link london with manchester a decision his predecessor David Cameron said the country would come to regret for years to come. Perhaps after promising the north a programme for levelling up, it is a gamble the conservatives may come to regret much sooner. Mr suank has also promised a new qualification for further education. That Willl A Levels and the more vocational t levels will be combined that will combine a levels and the more vocational t levels into one single qualification, which in future will be known as the advanced british standard. And to enhance the future, health, of the nation, he is proposing a progressi
The 2030 Football World Cup will be held across six countires in three different continents, fifa has confirmed. The decision is set to be ratified at a Fifa Congress next year with spain, portugal and morocco as the co hosts. But the opening round of matches will be played in uruguay, argentina and paraguay. Thats to mark the world cup s centenary, as itll be 100 years since the first tournament in montevideho. Our Sports Editor says fifa are bound to face questions about the impact on the environment. Youre going to have the prospect of the teams perhaps from europe Flying Thousands of miles to South America for just one thousands of miles to South America forjust one match before flying all the way back again across the atlantic, back to europe for the remainder of their tournaments. I think the optics of that are unhelpful and certainly according to many environmental campaigners has been condemnation already this evening. The supported groups who say that it sets the wrong example
the row cal protest that continues to put the pressure on israel for a cease-fire, even as the israelis provide proof they say that hamas was using the hospital that was the source of this debate as sort of a weapons center and sort of a military center. having said all of that though, it s not just those outside of israel that are pressuring the government. there s pressure within the government by the opposition leader that wants to get rid of the prime minister for his handling of all of this. we ll be speaking with him shortly. in the meantime, trey yingst with the latest. hey, neil, good afternoon. i want to start with a fresh update from northern israel where the israelis say they intercepted a suspicious object in southern lebanon as renewed fire into northern israel is taking place right now. quite the exchange of fire today as the lebanese militant group hezbollah continues to get involved in the fight. on the southern front, the israelis forces are striking more h