Loner. ,. , holding rates higher for loner. , longer. Economic activity has been stronger longer. Economic activity has been stronger than longer. Economic activity has| been stronger than expected, stronger than we all expected. And so what you are seeing is that this is what people believe as of now will be appropriate to achieve what we are looking to achieve, which is progress toward our inflation goal. Is progress toward our inflation goal. Central bank now preject inflation goal. Central bank now project higher inflation goal. Central bank now project higher growth | inflation goal. Central bank. Now project higher growth and lower unemployment for next year. If they are right for the us will have avoided a long recession. The decision gives policymakers more time to assess whether they have done enough over the last 18 months to tame inflation. The fed began lifting Interest Rates from near zero in march 2022. Central banks here in asia keep a close tab on the fed always because
The labour is asking for a Wage Increase of about 36 , the management has offered amount 20 , so theres still a big gap between the two sides. The Labour Unions there have also thrown out some almost fantastical once in terms of a return to a normal pension system, and even a four day workweek. So these are kind of real outliers here in the Global Industry and would take the unionis . American workers into uncharted territories. find into uncharted territories. And if ou into uncharted territories. And if you bring into uncharted territories. And if you bring in into uncharted territories. And if you bring in the into uncharted territories. And if you bring in the asian perspective, what are things that have been done differently here, how would we draw those comparisons for the strike to be resolved . For background, what ou be resolved . For background, what you are be resolved . For background, what you are seeing be resolved . For background, what you are seeing in be resolved . F
the un human rights council has backed a resolution demanding a halt arms sales to israel because of its conduct in the war in gaza. the vote will increase diplomatic pressure on israel to change course. it comes as the us welcomed news israel will allow three humanitarian corridors into gaza following a phone call between president biden and benjamin netanyahu. for the first time since the start of the israel gaza war, israel will temporarily reopen the erez crossing in northern gaza. ashdod port will also be opened for humanitarian deliveries. and more aid trucks from jordan will be allowed to cross israel to gaza. the call between mr biden and mr netanyahu was their first since an israeli air strike killed seven international aid workers from the charity group world central kitchen, sparking international outrage. the white house is urging israel to allow a dramatic increase of aid into gaza within hours or days. sean dilley reports. in the heart of the white house, a phon
and mr netanyahu was their first since an israeli air strike killed seven international aid workers from the charity group world central kitchen, sparking international outrage. the white house is urging israel to allow a dramatic increase of aid into gaza within hours or days. sean dilley reports. in the heart of the white house, a phone call with israel s prime minister, benjamin netanyahu, and a clear message from the us president that his patience is running low. joe biden told his counterpart that israel must do more immediately to protect civilians and aid workers in gaza, if he wants american support to continue. it s no secret that tensions between the two leaders have been bubbling for some time, but the us is israel s most powerful ally. in his strongest criticism yet, joe biden said the growing humanitarian crisis is unacceptable and he expects steps to be taken towards an immediate ceasefire. the president made it clear that our policies with respect to gaza will
the bbc has not independently verified the latest claims by the idf. israel is now warning people living in northern gaza to move further south as it steps up what it says is the third phase of its ground operations against hamas. the un says nearly i.9m people have been forced from their homes since israel s retaliatory strikes began, after hamas attacks on october the seventh. this as testimony is coming to light about the horrors of the october 7th attacks nearly two months later. the bbc has been hearing evidence that women were sexually assaulted, raped and mutilated during hamas s attacks on southern israel. israeli investigators say they are trawling through 60,000 hours of footage, and have compiled more than a thousand testimonies from witnesses and those who handled the bodies of victims after the attack. this report from our middle east correspondent, lucy williamson, contains graphic details and testimony you may find very disturbing. out of the chaos and mass