among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hovering at their lowest points in as many years. this comes despite somewhat upbeat signals at the end of last year. for more on what we can expect from china,
mayor eric adams the violence happening during the earth day event in the big apple. good evening i am jon scott and this is the fox report. we will have the latest on all of the stories i had this hour. but first the biden administration is set to unveil new border security plans this week ahead of title 42 s expiration in less than a month. many fear the end of this public health order will result in a migrant surge even worse than the one already taking place. nate foy is live he has the latest force, nay. good evening, jon. we already seen signs of the post 42 (with border patrol agents have been processing 1000 migrants every single day. that is just here in brownsville, 20 valley never mind the rest of the southern border. but as you know many migrants also do not want to turn themselves into border authorities. those are the migrants we see caught up in human smuggling chases like we showed you last night. take a look at this video for an abortion since we last spo
what we don t know, obviously the numbers. we don t know when or how this will happen. we do know the way that it s written says it s an answer to an appeal, a letter from the head of the judiciary who essentially frames it as being many people who went out to protest, particularly the young, were misled, by foreign agents, propaganda from abroad, and that they now want forgiveness. and they re still described as riots, nothing more, nothing less. so, in terms of how the authorities frame this, obviously nothing has changed. also, it makes clear that people who are accused, who have been charged with more serious crimes, so that s spying, murder, destruction of state property, won t be pardoned. the issue about that is that many, many activists, many people involved in this say that those people who have been charged with the strongest offences have not had fair trials. they ve been summary trials. so they haven t had a fair look at what their case is anyway. i think this is
iranian state television says that the supreme leader ayatollah ali khamenei has pardoned a large number of prisoners linked to protests. iranian media outlets say that a letter from the head of the judiciary said that a number of people, especially the young, had committed wrongful actions and crimes because of incitement and propaganda by the enemy. taraneh stone, from the bbc s persian service, joins me now. thank you for coming in. talk us through, first of all, what we know about what has happened here. figs through, first of all, what we know about what has happened here. as you mentioned, about what has happened here. as you mentioned. the about what has happened here. as you mentioned, the supreme about what has happened here. as you mentioned, the supreme leader - about what has happened here. as you mentioned, the supreme leader has . mentioned, the supreme leader has agreed to pardon and commute sentences of tens of people who are imprisoned or who are waiting