In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h
Weve revealed that Keir Starmer s top adviser, Sue Gray, now earns more than the Prime Minister himself. Weve been told that shes now on a salary of £170,000. Also coming up on the World Today the Uk Wildlife charity is declaring a national Butterfly Emergency after its annual count recorded the lowest numbers in its ill year history. Welcome to the World Today, im sarah campell. An hour of international news. At least nine people have been killed and hundreds wounded in lebanon after a new wave of explosions. This time, its walkie talkies that have been detonated. It comes as israel Defense Minister Yoav gallant has said the country is opening a new phase in the Gaza War and the Centre Of Gravity is shifting to the north. These images filmed in beirut, and which we have speeded up, show the moment when plumes of smoke appeared in several locations across the city. The lebanese News Agencies say they involve walkie talkies made by japanese they involve walkie talkies made byjapanese c
A Hezbollah Official called it the biggest Security Breach suffered by the group. Paul adams has the latest a warning his report contains distressing images from the start. This was a devastating attack. In supermarkets. On the street, in cars, at home and even in barbershops scores, perhaps hundreds, of hezbollah members simultaneously injured by exploding pagers. Incidents reported from all over lebanon, from beirut to the bekaa valley, and even in neighbouring syria. Each explosion was small, but some left terrible injuries, more than 2700 wounded, according to lebanons health ministry, and eight dead. Israel is saying nothing. But yesterday, the Defence Minister told american envoys that only Military Action would resolve the situation in the north. A message repeated by the prime minister. The Status Quo will not continue, Mr Netanyahu said. This requires a change in the Balance Of Power on our northern border. The situation there remains extremely volatile. Exchanges of fire ever
A gun through the fence, 500 yards from where he was playing. The suspect, ryan wesley routh, has been charged today with two gun offences. Detectives said Cellphone Records showed he had spent nearly 12 hours in the Tree Line of the Golf Course and that he had previously been been convicted in north carolina. There will be a review of Donald Trumps security as we head into the final weeks of the campaign. President biden thinks the Secret Service will need more resources. I think god that he is ok. Getting a full report so far but one thing i want to make clear, the service needs more help. And i think congress should respond to their needs that they need more. And that is what will be talking about. To be any . More money . I think we need more to be any . More money . I think we need more personnel. To be any . More money . I think. We need more personnel. Whether they need more personnel or not. But Donald Trump has been using the Incident Today to try and regain some political adv
President donald trump. Lots of details coming to us in the past few hours about what happened but shots were fired quite close to the former president. He was playing golf with a friend at one of his golf clubs and there were shots fired. This is at a palm beach golf course and we had a news conference room at secret service officers saying that they were ahead of the president and they spotted an ak47 president and they spotted an ak 47 rifle poking up out of the bushes and then they took aim at that suspect. The president was some way back, the former president, at the time, obviously the attacker then dropped the weapon and tried to get away in a car and rather remarkably, lots of praise for a witness who actually saw this happen and took a photo of the suspect and his car stop he was then pursued by the local police and stopped and we have had just from us media confirmation of the name of the suspect. He is ryan ralph, a 58 year old man from hawaii. Quite quickly after this happe