the government confirms it is supplying ukraine with the long range missiles it requested for its fight against russian forces. and the australian immigration lawyer taking on eurovision tonight. at 6.30: concerns of how the cost of living crisis will make access to health care worse in london s poorest areas. and rail strikes make an unwelcome return tomorrow. we look ahead to semifinals. the bank of england has raised interest rates again, as it tries to stop prices rising so high. but the bank s governor has warned that prices will not fall nearly as fast they had predicted though he says the economy won t now go into recession. have a look at what has happened to interest rates over the past 15 years. these here were booming times before the financial crash. the economy was growing, there was a house price boom and the bank raised rates to try to damp it all down. and then this steep fall after the crash, with the bank of england trying to save the economy by slashing
growing chaos, confusion, and consequences for women and for health care providers. and russia unleashes a deadly strike on a crowded mall in ukraine. president zelenskyy is now condemning it as a reckless act of terror. this as president biden and g-7 allies are reaffirming their unity with ukraine and against vladimir putin s aggression. we want to welcome our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. first, let s get straight to the capitol hill and melanie zanona. the january 6th select committee says newly obtained evidence is prompting tomorrow s hearing on very, very short notice. so what do we know? well, wolf, it is still a bit of a mystery here. the select committee has only promised new evidence and new witness testimony. but if we re reading between the lines, it is clear that the select committee feels like it s uncovered new evidence that is so urgent and so important that they decided to thro
premiums all up. the cost of food consumed at home rose nearly 12%, food away from home, 7.4%. the gasoline index has increased 48.7%. the average national price of a gallon of gas this week, is at $5, highest in california at $6.42. trying to stem inflation, the fed said it will raise interest rates by three quarters of a percentage point, the biggest hike since 1994. new projections show interest rates may hit 3.4% by the end of the year, but because inflation is rising far faster than any of those rates, any money in savings is still being eroded. there s also a spade of layoffs adding to investor fears. cnn reports two u.s. real estate companies that had flourished in the pandemic announced layoffs of 8 and 10%. coin base laid off 18% of its staff. spotify plans to reduce hiring by 25%. elon musk, who already said he wants to lay off 10% of the tesla staff, is now intimating that if he acquires twitter, job cuts could follow. meanwhile, meanwhile, you ve got the january 6
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that have very real impacts on women. one is miscarriage. say you re traveling in a state that has a trigger ban that s already in effect, no abortions at all. and you are carrying a baby you very much want, and you start to miscarry. there are implications for how doctors are going to be allowed to treat you that presents potentially very real risks, especially depending on your health. that s one thing. another thing i have heard a lot from women who are particularly my age, i m in my late 30s, who have done in vitro fertilization and now there are questions about personhood bills on the books saying a frozen embryo is technically a person. that carries a lot of weight and implication when you re starting to think about making decisions about those embryos. so i do think there are going to be an incredibly complicated set of circumstances to have to deal with here, and when we start to talk about the politics of it, this is where things get very tricky if politicians on either