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live from our studio in singapore. this is bbc news. it s newsday. it s six in the morning in singapore, and 6 pm in the us, where the state of florida has been hit by one of the most powerful hurricanes in the history of the united states, with winds of up to 150 miles an hour. hurricane ian has torn a path of destruction through towns and cities, leaving more than 2 million homes and businesses without power, and experts warning of life threatening flooding. it could cause more damage as it heads north into the carolinas, the storm system has regained hurricane strength. our north america correspondent, john sudworth, reports from fort myers. florida had been told to brace for a life threatening event and the city of fort myers was the first to feel the hurricane s power. boats were piled on top of each other, parts of the harbour pushed up onto the shore. at their peak, wind speeds reached over 150 mph. residents who had ignored warnings to evacuate were told to shelter
the value of the pound has dropped again today by nearly a percent against the dollar as investors digest the warning from the international monetary fund about the uk government s fiscal plans. the imf has openly criticised the plan for widespread tax cuts, warning the measures are likely to fuel the cost of living crisis and increase inequality. here s michelle fleury with more details in new york. one of the roles of the international monetary fund is to act as an early economic warning system, and it has just sounded the alarm over the uk s new tax and spending plans. in a statement, the fund warned, given elevated inflation pressures in many countries, including the uk, we do not recommend large and untargeted fiscal packages. even more pointedly, it suggested that the november 23rd budget presented an opportunity for the government to re evaluate tax measures, especially those that benefit high income earners. remember, as part of the uk treasury s policy to boost
the channel to england so far this year. that s according to uk government figures. lucy williamson has been speaking to people in albania, france and the uk. for each boat, each migrant, there can be many smugglers albanian fixers, uk guarantors, kurdish criminal gangs. the journey starts in towns like laknas, now marked by absence. the shuttered houses and empty streets signs of an exodus this year. most were drawn by uk wages ten times higher than here. and each departure makes business in laknas even harder. as the price of crossing to the uk has dropped the suburbs around tirana are being drained of people. locals in this neighborhood say 70% of the community has already left, and many of those living here now are thinking ofjoining them. there are many places like laknas in albania now. majlinda s son crossed to the uk from dunkirk last month. translation: he was a seasonall worker working four months a year for minimal salary in a kitchen. he had more expectations fo