And well ask why one of indias most succesful entrepreneurs known as the coffee king has died, in unexplained circumstances. Over the last couple of hours, all eyes have been on this man, the chairman of the Us Federal Reserve, Jerome Powell. Hes announced a cut in Interest Rates by a quarter of one percent for the First Time Since the 2008 financial crisis, when the American Economy was in the depths of its worst recession since the 1930s. We decided today to lower the target for the federal funds rate we decided today to lower the target for the federalfunds rate by we decided today to lower the target for the federal funds rate by a quarter of a percentage point to a range of 2 to two and a quarter percent. The outlook for the us economy remains favourable and this design will support that outlook. If we take a look at this graph you can see how us Interest Rates were close to zero for seven years after the financial crisis in 2008 but have been gradually rising since 2016. The main
Rights, it means we all have. And scientists discover the oldest modern human fossil ever found outside africa. Three days after the contents of his scathing diplomatic cables about donald trump were published in a sunday newspaper, and a day after the president said he would no longer have anything to do with him, the uk ambassador to the United States has resigned. Sir kim darroch said in a letter to the Foreign Office the Current Situation is making it impossible for me to carry out my role as i would like. The head of britains Diplomatic Service has been speaking to parliament about Donald Trumps refusal to work with a British Ambassador. This is not the first time a British Ambassador has left post. But, or resign because of. Actions taken by host government, but usually, they are governments with who we have problematic relations rather than friendly relations. And even then, had there been many occasions in your experience where there has been refusal to work with the british, c
of her reent calf injury, as she beat the italian lucia bronzetti, 6 4, 6 1. last year s runner up coco gauff recovered from losing the first set against spain s rebeka masarova. the american sixth seed battled back to take it 3-6, 6-1, 6-2. italian football authorities say they have reached a settlement withjuventus in a case over alleged irregularities in the club s payment of players salaries. based on the agreement, juventus will pay a fine of 718,000 euro and stop any appeals in ongoing sport cases. the deal comes after the club were docked 10 points earlier this year over a separate case on player transfer accounting and it doesn t include any further point deductions. england are preparing for theirfirst test chelsea have a new head coach. speaking, he says he does not have plans. he went on to score four goals in 20 appearances for the blues. england are preparing for theirfirst test match of the summer. they face ireland at lord s on thursday ahead of the ashes seri
national congress, china announces a big boost to its military spending as it warns attempts to contain it are escalating. supporters of pakistan s former prime minister imran khan gather at his house, as police arrive to arrest him. hello and welcome. we re going to start in bangladesh, where aid agencies say a huge fire has broken out in a refugee camp in the south east of the country. these are some of the latest pictures. it s being reported the fire is in the cox s bazaar district and has been brought under control. the charity action aid said their initial assessment suggested around 12,000 people had been affected. no casualties have been reported so far. we been reported so far. will hear from the internatioi federation we will hear from the international federation of the red cross and red crescent later in the programme, stay with us for that. a historic agreement to protect the world s oceans has been approved after ten years of talks. marine life is at risk from c
cheering and applause thanks forjoining us on bbc news. a huge fire has ripped through one of the rohingya refugee camps in cox s bazar in south east bangladesh. the charity action aid said their initial assessment was that more than 2,000 shelters had been gutted, leaving around 12,000 people homeless. hundreds of thousands of rohingya refugees, who escaped violence in neighbouring myanmar, have been living in crammed camps near the border in bangladesh. earlier, i spoke to the country director of action aid bangladesh about what happened. it s a very densely populated camp. we host more than a million people in the rohingya refugee camps. so far, over12,000 people have been affected. a lot of people have been temporary evacuated. they came to the centre like action aid has, community centres in camp 11, and they are taking refuge there. and the water points, as already mentioned, and two of the health centres, primary health centres were affected. and tomorrow morning, we w