rescue operations are racing against the clock at this point. more than 1,600 rescues have been made so far and citizens are doing what they can, offering their own boats to help as people band together in the face of tragedy. officials in the hardest hit county under intense scrutiny over the timing of their evacuation order. we ll learn more about that. first i want to check in with nadia. there are still people, as i understand it, trapped in the floodwaters in that area. what more have you heard? reporter: area, cow hear the airboats behind me. that s a sign of progress. people are being transported and goods are coming and going. people are getting frustrated. it s day four without food or water. i want you to hear from tania warner. she s a member of the arcadia community. she can t figure out what s going on with her own faefrmt he was taken to the hospital. she received a call from a nurse that he was in the icu and oven a ventilator, but now she can t get in touch
hello and welcome to audiences in the uk and around the world. we start here in the uk where the bank of england is poised for the biggest rise in the cost of borrowing for 27 years to rein in the soaring cost of living. economists expect the central bank to raise its main interest rate by half a percentage point something it hasn t done in one go since 1995. that would take it to 1.75% the most expensive borrowing costs the uk has seen for almost a decade and a half with further steep rises expected. it comes as a leading think tank has warned inflation could hit 15% before it starts to ease next year. george buckley is chief uk & euro area economist at the investment bank nomura. i assume you are with the majority and you think is half a percent rise today is a given? i a percent rise today is a civen? ~ , a percent rise today is a civen? ~ , ., a percent rise today is a . iven? ~ , ., ., given? i think it is going to happen. given? i think it is going to happen.
The latest news from around the world. Official traveling with mike pompeo in indonesia said they heard the reports and are following the situation closely. Venezuela is in the middle of a deep financial crisis. The International Monetary fund said inflation will reach 1 million percent this year. Blackouts and shortages of basic items are common place. Cnn atlanta. What does this apparent attack tell us about the political and economic turmoil effecting venezuela . We posed that question to jennifer mccoy. A professor at Georgia State university and the coauthor of the Book International mediation in venezuela. Theres a great deal of unrest in venezuela and a lot of dissatisfaction apparently among military ranks. The government has been arresting and removing Military Personnel from the ranks
The latest news from around the world. Yet. There were funerals of those killed. The president elect said he welcomes the opposition taking their dispute to the courts here in zimbabwe but the g
severe. that s something. i want to get your take. prime minister liz truss scrapping the tact cut for the wealthy. this is a major backtrack. why now and what happens now? this is the extraordinary, the classic political u-turn on the top rate of income tax which the torey party wants to cut from 45% to 40%. the only problem their own mps didn t know about it, there was no cost for it. and they re about to go into deep financial crisis. not surprisingly there was an uproar. it s different from congress in the sense it s highly, highly unusual for the ruling party not to get what they want through parliament, and therefore she did the only thing she could, having said for days she was not going to u-tu-turn.
inflation so high? inflation so high? actually es, inflation so high? actually yes. since inflation so high? actually yes, since two inflation so high? actually yes, since two years - inflation so high? actually yes, since two years we i inflation so high? actually i yes, since two years we have been going down and down and down and there is no into how much down we are going. the explosion of barry was preceded by a deep financial crisis sparked by covid 19 and it came at the middle of the pandemic, which also cripple the economy more than it was crippled. two years down the line we remember that huge explosion, which is one of the biggest explosions in history, and unfortunately enough, the lebanese people with their resilience have managed to at least repair the stones of the demolished city, if you are in beirut you will not find much evidence of the blast except at the port.