is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgage rate
obvious. please obey all warnings and directions from obvious. please obey all warnings and directions from emergency. and directions from emergency officials russia prepares to formally annex four more territories of ukraine with a signing ceremony in moscow. the west has condemned the vote as a sham. a fourth leak is discovered in the nord stream gas pipeline in the baltic. nato calls it a deliberate act of sabotage. #asl # as i walked to the valley of the saido of death, i take a look at my life. tributes are paid to the american rapper coolio, who s died at the age of 59. we have three major stories to cover tonight. parts of florida are being devastated by hurricane ian, the storm s being described as a once in a 500 year event. russia is preparing for a ceremony in red square on friday when it ll formally annex occupied ukrainian territories in defiance of international law. but first, we start here in the uk. the prime minister liz truss has been defending her econ
down, you have trees that are down, you have a lot of hazards right now. we do anticipate a lot of the water will subside in some of the barrier islands, in some of the coasts, but some of those inland places off rivers and off these inlets, you know, you re likely to have standing water there throughout all of today and even in the days ahead. so that is a hazard and just please be aware that that is something that you if you weathered the storm to this point, going and doing and getting involved in that is just totally not worth it, and we want to minimize any harm to anybody as a result of what we re seeing right now in the streets. we have had 26 states provide support. we really appreciate that. it s going to be put to use. this is i don t think we ve ever seen an effort mobilized for this many rescues this quickly. but we appreciate it and we will make good use of it. we want people to be safe. those who have who are in need of life support right now, help is on t
life without war. hello and welcome to bbc news. britain s prime minister, liz truss, has sacked the chancellor of the exchequer, britain s finance minister, kwasi kwarteng, just 38 days into his tenure. his departure came as the prime minister s economic growth plan and political credibility are being called into question. he s been replaced by the former foreign secretaryjeremy hunt. in a press conference lasting less than nine minutes, ms truss was asked four times why she was remaining in herjob, with reports that some of her own conservative mps are privately suggesting she should resign. our political editor chris mason reports. turning up for another u turn, the prime minister invited reporters to downing street this afternoon and scrapped one of her key policies that she s championed for months. it is clear that parts of our mini budget went further and faster than markets were expecting, so the way we are delivering our mission right now has to change. i have therefo
islamic republic as protesters again take to the street. hello, sorry, don t wish to be rude but i m in no fit state to entertain today. rude but i m in no fit state to entertain today. and the actor robbie coltrane entertain today. and the actor robbie coltrane who - entertain today. and the actor robbie coltrane who played i robbie coltrane who played hagrid in the harry potter films has died at the age of 72. welcome to our viewers on pbs in america and around the globe. britain s prime minister, liz truss, has sacked the chancellor of the exchequer, britain s finance minister, kwasi kwarteng, just 38 days into his tenure. his departure came as the prime minister s economic growth plan and political credibility are being called into question. he s been replaced by the former foreign secretaryjeremy hunt. in a press conference lasting less than nine minutes, ms truss was asked four times why she was remaining in herjob, with reports that some of her own conservative mps