The economy too much. To dicsuss this further im nowjoined by the Bank Of England 5 former head of international surveillance, katharine neiss. She is now the chief european economist for pgim fixed income. Good to have no surprise that Interest Rates are still rising. Do you think that this is it . ~ ,. ,. , is it . The banker very clear today that if inflation is it . The banker very clear today that if Inflation Remains is it . The banker very clear today that if Inflation Remains resilientl that if Inflation Remains resilient at higher levels, then they could see Interest Rates are going higher from here. That said, to me, the really big message coming out of the Bank Of England today was, even in the absence of further rises in Interest Rates, they really see these higher Interest Rates that we have seen more recently as he had to say for quite some time. Yes. Have seen more recently as he had to say for quite some time. Say for quite some time. Yes, and this is taming say for qui
Pain it also causes. The background to this is high inflation, we have a sequencing that Around The World, particularly sticky, or at least has been here in the uk. That is why the bank has been increasing Interest Rates to try and curb the spending and get that Inflation Rate down. Should they continue to do that today, on the one hand, we have an Inflation Rate in the uk that has been easing a little, and when you dig into some of the details, to look at Producer Price inflation, thatis look at Producer Price inflation, that is further down the supply chain, that is the price is that manufacturers and factories might be paying, suggestions are it could be coming down quite significantly now. On the other hand, headline inflation, 7. 9 , still four times the Bank Of Englands 2 target. When you strip out energy and food, which can be equally volatile core inflation, they are still not falling by enough, wage growth remains quite high as well, and then there are wage comparisons, and in
Through to the last 16. I think theyre the lowest ranked team coming into the world cup. To come out of a group where nobody gave them hope, they lost 6 0 in the opening game to germany. What was so impressive about that was the togetherness they showed. I also like the fact that the girl that wore the hijab, for the growth of the game, i think for muslim women and young girls to see a female play in a major tournament, on such a big stage, i think that visibility is crucial moving forward. So here they are taking their place in the knockout stage, where theyll play france. Thatll be the final last 16 match. It all starts on saturday with spain against switzerland. Holders the usa meet sweden on sunday, while european champions england face nigeria one of the now three teams from africa whove qualified from the groups. Both had already qualified for the semi finals, but englands victory over australia at the Netball World Cup was a historic one nonetheless. The roses had never beaten t
house playing out in key battleground states as the two leading contenders for the republican nomination hit the campaign trail. hello to you. hello, john. happy friday eve. anita vogel in for sandra smith. former president donald trump meeting with faith leaders in des moines, iowa as he b barnstorms the state before he joins sean hannity tonight on fox news. florida governor ron desantis makes a two-day, five-town blitz across the state before campaigning in new hampshire. john: the field for the gop primary will grow more crowded. mike pence, chris christie, and doug bergham will show their hats into the ring next week. rich edson is live in urbandale, iowa, the former president taking aim at desantis today, and desantis saying you know, that s not the way to go about this. it s been back and forth and intensifying, certainly after ron desantis got into the race. we have seen that since the former president has been in iowa, he arrived last night. came here to the we
The seaport would be locked, and no commercial ships can go there and pick up all the food. Supply will be stopped. We calculated over 200,000 families would be affected, losing their livelihood, probably for a generation, 25 years. The clean up would have cost 20 billion, thats the best estimate that we received. In 1989, the Exxon Valdez Spill leaked Hundreds Of Thousands of gallons of crude into the gulf of alaska, a slick that covered over 1,000 miles of coastline. Even now, pockets of oil are still being discovered. Yet on yemens fso safer, four times as much oil. This is big. And i looked at the first price tag of, how are we going to raise 141; million . In the end, after two years and between 23 countries, private companies and even the general public, enough funds were raised to launch an operation to transfer the oil. An Elementary School in bethesda, maryland. Kids, six, seven, eight years old, heard about this and went out and raised. They sold lemonade or whatever they cou