reporter: the federal reserve just made history announcing that they re raising interest rates by 3/4 of a percentage point for the second meeting in a row. we haven t seen anything like that in back to back meetings in modern fed history, but we re not in nor times. we re dealing with the worst inflation inflation prices in 40 years. inflation remains elevated due in part to russia s invasion of ukraine and very high food and energy prices. so the fed is stepping in and acting like the firefighter. they re trying to put this inflation fire out. the goal here is to raise borrowing costs and try to cool off red hot demand, and that should hopefully allow supply a chance to catch up. but you know, officials also signaled that they re not nearly done with rate hikes. they said it would, quote, will be appropriate to continue raising interest rates. and here s the problem. they re raising rates into an economy that is already showing cracks here. in the new statement today, the
the killer s a apparent hit list. ukrainian capital was rocked by several large explosions in the past couple of hours. and this video comes out of kyiv today and the mayor says at least one person was hospitalized after missile strikes. military officials say ukrainian forces were able to shoot down a russian missile south of the capital and ukraine s state run nuclear power operation is accusing them of nuclear terrorism after they flew critically low over a plant in the south. weeks of nonstoprous shan shelling have not led to any major changes on the battlefield. counterattacks are likely blunting momentum donbas. ukraine s military claims to have retain half of the city of severdonetsk and russian troops continue to storm the city and they are all throwing the resources and reserves into the battle. also in the line of russian fire, a revered church went up in flames. the all-saints church which had recently been renovated was deliberately targeted by russian forces.
For the first time in 6 years, vladivostok welcomes a direct flight from china. They are starting to broadcast a new day on the russia channel. The main news in the studio karina ilyina. Hello. Vladimir putin discussed the prospects for the domestic aircraft industry in perm. The general designer of the uec Company Reported to the president about the progress of the production of pdd14 engines and their equipping of the new mediumrange aircraft ms21. According to him, production is already picking up good pace. Today there are three ms21 aircraft flying, two, the second one is now ending in irkutsk, will probably arrive in november, december, so three ms21 aircraft are already flying with serial sub14 engines , in total we made eight of them, for next year we have a plan for 12 units, then 24, and then the pace is as follows, what are your eyes afraid to do with your hands . Very very very seriously developing, god willing, we are moving forward, our task now, of course, is to start ex
In belgrade by nato. This is reported by the associated press. Mentioning the explosion in the article of the serbian newspaper politika si said the following. We must not forget that 25 years ago today, nato brazenly bombed the Chinese Embassy in yugoslavia. The Chinese People value peace, but will never allow a repeat of historical tragedies. During the visit to belgrade , the president s of china and serbia signed an agreement, where for. The declared desire of both countries to create a community with a Common Future, dana writes about this with reference to the joint declaration of uchich and sidzen pina. According to this declaration, the leaders of the countries agreed on deepening and expanding the comprehensive Strategic Partnership and building a community of serbia and china with a Common Future in the new era. China also supported serbia in its nonrecognition of kosovo and expressed its understanding of the countrys rapprochement with the European Union. China understands s
This week, president putins war on ukraine entered its sixth month. Costs continue to climb. Thousands of civilians killed or wounded. 13 million ukrainians forced to flee their homes. Historic cities literally pounded into rubble. All this because president putin was determined to conquer another country. He failed in that goal. Ukraine has not and will not be conquered. It will remain sovereign and independent. As this war stretches on, the courage and strength of hew cranes military and its ukraines military and its people becomes more extraordinary. Theyll do whatever it takes to protect their homes, their families, their fellow citizens, their country. The United States and our allies and partners will continue to stand with them and help provide precisely what they need to defend their freedom. In the coming days, i expect to speak with Russian Foreign minister lavrov since the war began. I plan to raise an issue thats a top priority for us, the release of americans wheeler and g