tales of traumatic atrocity. and the most difficult years of his career. the billionaire businessman sir richard branson tells the bbc he thought he was going to lose his entire empire in the pandemic. hello, i m sally bundock. a new wave of russian airstrikes is under way in ukraine, with reports of explosions in kyiv and the southern cities of zaporizhzhia and odesa. the raids come a day after russia accused ukraine of carrying out a drone attack on the kremlin it what it claimed was an attempt to assassinate president putin. ukraine has rejected accusations that it was responsible. vincent mcaviney reports. flying in from the left, what appears to be a drone, then an explosion over the kremlin. this footage is explosion over the kremlin. this footage is unverified explosion over the kremlin. this footage is unverified but the kremlin says early on wednesday morning, two drones targeted the residents of the president. moscow quick to blame ukraine saying that no one was inj
in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation and ec
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live from london, this is bbc news. rate hike number ten. the us federal reserve raises the cost of borrowing again to a 16 year high. but has it finally done enough to tame inflation? also coming up more controversy in the pipeline as oil giant shell announces another multi billion dollar quarter. plus deserted by a changing economy. the towns and villages in rural spain that are battling for survival. hello, i m sally bundock with the top business stories. and we start