lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel right. be
max in the spotlight it s the second major safety scandal to put the 737 max in the spotlight the first involved the deaths of 346 people in two crashes in indonesia in 2018 and ethiopia in 2019. addressing employees at its factory in washington state where the planes are assembled chief executive dave calhoun said boeing would approach the issue with complete transparency. when i got that picture, and i hope all of you, in some way, i hope most of you have seen it, and those of you who haven t do look at it, all i could think about was i did not know what happened to whoever was supposed to be in the seat next to that hole in the airplane. i ve got kids, grandkids, and so do you. this stuff matters. earlier i spoke to professor graham braithwaite, director of transport systems at cranfield university and asked him whether customers and investors were reassured by the boeing boss s words. i think we ve seen a big difference in the way that boeing has reacted to this
killed in the nottingham attacks have addressed thousands at a vigil in the city centre. a minute s silence was held to remember students grace o malley kumar and barnaby webber, as well as ian coates, who was 65. police have been given more time to question a 31 year old man, who was arrested on suspicion of murder. our midlands correspondent navteonhal reports. bell tolls. silent, defiant, united. the people of nottingham chose to stand together in pain and love. for the first time since the tragic events of tuesday, at this vigil, we heard from all three families of those who died. starting with james coates, one of school caretaker ian coates three sons. it feels like he has touched a lot of hearts over the years, more than what we assumed and knew he had. so it has been really nice and heart warming to see the messages and that people come out and talk about how he was when they were younger and how he has helped them. some beautiful comments. my dad was an avid fisherm
punctual man i ve ever met. the i punctual man i ve ever met. the first training, i was living in new york city and he was staying at a hotel on first ave and i arranged to pick him up and take him to training in newjersey and pick him up and take him to training in newjerseyandi pick him up and take him to training in newjersey and i was a few minutes late, as i tend to run a bit late in those days, and he was already down in the lobby, looking through the glass doors, waiting for me to arrive and he was very concerned that he was not going to be on time to his first practice session. he was a very punctual guy. there is a great picture of you both in a bath and henry kissinger looking on. can you explain what s going on in that photograph? friends and i used to going on in that photograph? friends and i used to get going on in that photograph? friends and i used to get into going on in that photograph? friends and i used to get into a going on in that photograph? fr