hello and welcome to the programme broadcasting to viewers in the uk and around the world. we begin with the news that the search for the oceangate submersible in the north atlantic is over. the us coast guard has confirmed that the vessel suffered a catastrophic loss of pressure and there are no survivors. the five people on board were on a mission to view the wreck of the titanic. rescue experts say that the tail cone of the vessel has been spotted on the sea bed, not far from the wreck. much of the rescue effort was coordinated in boston, where we can join our correspondent carl nasman. carl, thank you so much forjoining us on the show. we are starting to hear some other developments coming out of the navy. what have they had to say? we are, these are developments that might help us piece together the timing of when this catastrophe might have taken place. this is being reported by our partners in cbs news and they say the us navy detected, quote, an acoustic anomaly con
hello and welcome to the programme broadcasting to viewers in the uk and around the world. we begin with the news that the search for the oceangate submersible in the north atlantic is over. the us coast guard has confirmed that the vessel suffered a catastrophic loss of pressure and there are no sui’vivoi’s. the five people on board were on a mission to view the wreck of the titanic. rescue experts say that the tail cone of the vessel has been spotted on the sea bed, not far from the wreck. much of the rescue effort was coordinated in boston, where we can join our correspondent carl nasman. carl, correspondent carl nasman. thank you so much foi joining carl, thank you so much for joining us on the show. we are starting to hear some other developments coming out of the navy. whatever they had to say? we are, monica, we are learning some information that may give us some clues into the timing of this catastrophe involving the titan vessel. this is according to cbs news,
aggressively with stronger inflation by draining spending power enough to risk a downturn. we re not expecting, we re not desiring a recession, but we will do what is necessary to bring inflation down to target. we cannot continue to have the current level of wage increases, and we can t have companies seeking to rebuild profit margins, which means prices continue to go up at their current rates. the bank is trying to hose down some very hot british inflation numbers, but also, again, trying to persuade workers and companies politely to temper both wage demands and price rises. the immediate question is, for the bank of england, where do rates go from here? the markets did seem to gain confidence in the bank of england s ability to deal with this high and sticky inflation after today s surprise decision. but there are some concerns that changes in the mortgage market, changing in the structure of the economy, have altered the ability of the bank to control where the economy goes.
i don t sleep well at night. i m distraught. helpless. i m cutting costs everywhere. i can t print the money, basically, to satisfy what is expected of me. very stressed at the moment, because obviously there s very limited options we ve got here. there are a couple of - things that traders need. one of them is foreign exchange. outside the bank of england, history lessons as rates return to their historic norms. so today, more rate rises, more than expected, and possibly more to come, as the bank tries to deal more aggressively with stronger inflation by draining spending power enough to risk a downturn. we re not expecting, we re not desiring a recession, but we will do what is necessary to bring inflation down to target. we cannot continue to have the current level of wage increases, and we can t have companies seeking to rebuild profit margins, which means prices continue to go up at their current rates.
a scary, petrifying experience. several hundred pounds. i don t sleep very well at night. i m distraught. helpless. i m cutting costs everywhere. i can t print the money, basically, to satisfy what is expected of me. very stressed at the moment, because obviously there s very limited options we ve got here. there are a couple of - things that traders need. one of them is - foreign exchange. outside the bank of england, history lessons as rates return to their historic norms. so today, more rate rises, more than expected, and possibly more to come, as the bank tries to deal more aggressively with stronger inflation by draining spending power enough to risk a downturn. we re not expecting, we re not desiring a recession, but we will do what is necessary to bring inflation down to target. we cannot continue to have the current level of wage increases, and we can t have companies seeking to rebuild profit margins, which means