Interest rate at 5. 5 . Of course, dave, it is widely expected all 20 economists we surveyed expected as much. But the question is really whether or not governor adrian orr will sound hawkish, given that inflation is still far from where he wants it to be, which is one, two, 3 right now. We had headline inflation in the Second Quarter at about 6 . So rbnz staying pat for a second time in a row at 5. 5 . Remember, this is the central bank that has done 525 basis point hike. It has been pretty aggressive ahead of the curve, way ahead of the fed. And now it is keeping its rate standing pat at 5. 5 for a second time in a row. Dave. Yep. Yeah. So were looking at, to your point there where there is some commentary on inflation and how restrictive rates are and theyre saying already restrictive and that should be enough to return inflation to target. Were just going through some of the phrasing here on the statement because that i guess in some ways, short of hearing from the governor himself
Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
the u.s. capitol, field by donald trump s lie. but there is a new are bigger test for democracy that is in the hands of the court. also this hour, you will hear from a capitol police officer who defended the capitol that day. harry dunn is with us live with why he is running for congress. and also tonight, look here the man who led the nra four years into the ground is out. thanks in part to the legal process of new york s attorney general. i am paola ramos, in for a minute look at dean, let s do this. today, january 6th, marks three years since rioters violently stormed the halls of our nation s capital. three years since supporters of donald trump attempted to overturn the will of the, people and three years since americas nearly 250-year-long democratic experiment almost made its end. yesterday, president joe biden kicked off the 2024 election year by marking this anniversary with a grim warning, the threat to our democracy is still ongoing. trump is trying to stea
here s why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it s pi and doesn t spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there s no catch. it s fre. we make money from ads, but they don t follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. reporter: for this hour on ayman, it s been three years since insurrectionists stormed the cabinet fueled by donald trump s lie, but there is a bigger test for democracy that s in the hands of the supreme court. also this, our you will hear from a capitol police officer who defended the capitol that day. harry dunn is with us live with why he is now running for congress,. and also, tonight the man who let the nra four years into the ground is out. thanks in part to the legal process of new york s atto
liverpool, as the first eurovision semifinals are held, with sweden and finland emerging as top contenders. hello. i m sally bundock. donald trump has said he will appeal against his conviction for sexual abuse and defamation in a civil case in new york. the former us president described the verdict as a disgrace, but his victim, ejean carroll, said it was a victory for all woman who had suffered because they were not believed. and within the past hour, mr trump posted a video on the truth social website. here s a clip of what he had to say. i have absolutely no idea who this woman is! the verdict is a disgrace, a continuation of the greatest witch hunt of all time. absolutely a shame! donald trump there. our north america correspondent, nada tawfik, was at the court in manhattan and sent this report. ejean carroll did not speak as she left the court, but her smile said everything. it took thejuryjust under three hours to rule in herfavour, while they did not find that donald