they are not eating well. the us central bank announces the biggest rise in us interest rates in nearly 30 years to combat surging inflation. and spain, southern france, and parts of italy swelter through an extreme heatwave. authorities are warning of water shortages. hello and welcome to the programmable to have you with us. new us aid for ukraine worth a billion dollars has been announced by president biden. it includes additional artillery and coastal defence weapons, as well as ammunition for artillery and advanced rocket systems. new pledges came from nato members who met in brussels, the us defence secretary said he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. here s a little of what lloyd austin had to say. we can t afford to let up, and we can t lose steam. the stakes are too high. ukraine is facing a pivotal moment on the battlefield. and we re seeing what president zelensky warned us about. after failing to tak
eating. the us central bank announces the biggest rise in us interest rates in nearly 30 years to combat surging inflation. and spain, southern france, and parts of italy swelter through an extreme heatwave: authorities are warning of water shortages. welcome to our viewers on pbs in america and around the globe. new us aid for ukraine worth a billion dollars has been announced by president biden. it includes additional artillery and coastal defence weapons, as well as ammunition for artillery and advanced rocket systems. new pledges came from nato members who met in brussels. the us defense secretary said he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. here s a little of what lloyd austin had to say. we can t afford to let up, and we can t lose steam. the stakes are too high. ukraine is facing a pivotal moment on the battlefield. and we re seeing what president zelensky warned us about. after failing to take kyiv and rea
translation: ifeel ashamed in front of my family i m so poor, i can t afford to buy good food. my sons are really thin because they re not eating. and spain, southern france, and parts of italy swelter through an extreme heatwave authorities are warning of water shortages. hello and welcome. president biden has announced an extra $1 billion in military support for ukraine, the largest single military aid package since the war began. the us defence secretary said at a nato meeting on wednesday that he will move heaven and earth to ensure ukraine gets the weapons it needs to combat russia s invasion. in the next half hour, nato defence ministers are set to start reconvening in brussels for the final day of their summit. this is the kind of military aid ukraine says it desperately needs. a billion dollar package including longer range rockets and missile systems. the goal, to help target russian troops and location farther away and bolster ukraine s embattled defence forces, i
plus the crypto crash deepens. could it spell disaster for el salvador s multi million dollar gamble on bitcoin? we start in the us where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, it s battling to control the worst inflation in four decades. intensifying its five figure inflation which is currently at a a0 year high reserve raised its key interest rate by three quarters of a percentage point to a range of 1.5 to one and three quarters of a percent, move that will push up borrowing costs for and company. us interest rates haven t been hiked by this much in one go since bill clinton was in the white house in 199a, the size of the mood something federal chair reflected on during his press conference. clearly the 75 basis point is an unusually large one a
got within a0 feet of the vice president. uk interest rates hit their highest level for 13 years, in a bid to stem the pace of soaring prices. and in central africa, the race to stop the plunder of rich peatlands and the release of damaging carbon dioxide. live from our studio in singapore, this is bbc news. it s newsday. welcome to bbc news, broadcasting to viewers in the uk and around the world. we begin in russia. one of president vladimir putin s closest advisers, the foreign minister sergei lavrov, has told the bbc that russia has not invaded ukraine and he s repeated the official line from the kremlin that there is no war, but it s a special military operation . mr lavrov has been at the heart of power in russia for over 20 years and represented the country on the international stage for nearly two decades. earlier today, he spoke to our russia editor steve rosenberg. it was the first time sergei lavrov had agreed to meet since moscow launched its offensive in ukraine.