And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you say by the end of 2024. Are there any areas in particular
A further rise in business investment. Private consumption fell on the quarter as consumers struggle with rising living costs and falling real wages. How do you think investors are going to respond to this news . The japanese economy is performing quite well. I dont think it will be a big market reaction. Simply because the indications for Monetary Policy are not clear cut. The bank ofjapan is already quite optimistic about the gdp growth, and what really matters for Monetary Policy is how global inflation is. Strong gdp growth, the margin, Rising Inflationary pressures. As we have seen in the past, it can turn around things injapan, so the wage growth really matters, how much it will ease Household Burden on the cost of living. In terms of the bank ofjapan, looking at whether they are actually going to raise Interest Rates after quite some time, what do you project . We time, what do you proect . We dont time, what do you proect . We dont thinkļ¬ time, what do you project . Dont thin
235i23 facing a threat of flash flooding. flooding is also a big problem in st. louis, missouri. there have been multiple rescues of people trapped in their homes. and new video out of las vegas overnight, take a look. water pouring into some of the casinos. over an inch of rain fell there, saturating the vegas strip. i want to get right to derrek vn d dam. what is happening in kentucky, there are water under way. and there is a dam that is under a concern. yes, a flooding event that took place in st. louis and now looking likely that we have another one in 1,000 year event that has taken place across eastern kentucky. thanks to the ongoing rain that is falling as we speak, right now national weather service continuing with flood watches, flood warnings and even flash flood warnings near the border of kentucky and west virginia as some of the heaviest rains move through the area swelling the rivers and also overflowing some of the local roadways there, submerging homes as w
relief has touched down and it s on the way for the millions of parents struggling to feed their children. just under two hours, ago the first shipment of baby formula arriving in indianapolis from europe. 78,000 pounds of baby formula being taken off that u.s. military plane and put on two fedex trucks for distribution across the country amid a shortage. agriculture secretary tom vilsack shaking the hands of the u.s. military members who helped transport that much needed formula. the first of several deliveries to come, in fact. the secretary told reporters just how quickly parents could start to see formula back on the shelves. i ve been told by the fda commissioner that in a matter of a week or so, we should begin to see some supply. but of the course of the next several weeks, we should see an ever increasing supply. so i would say certainly with the next 30 days we re going to begin seeing the situation. we re going to go right to nbc s meghan officials at that air