Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
Assaulted by the late Mohammed Al fayed when he was the boss of the Luxury Department Store harrods. More than 20 women who worked for him have already come forward as part of a Bbc Investigation accusing the egyptian billionaire, who died last year, of multiple counts of rape and attempted rape during his 25 Year Reign at harrods. Many claim that during that time the company helped cover uP Allegations of abuse. 0ur Correspondent simonjones has this report and a warning that it contains descriptions of sexual violence. He owned one of the most famous stores in the world. He loved being in the limelight. But some of Mohamed Al fayeds former workers have described him as a monster, a sleazebag, a predator who would use his power to stop them speaking out. Now more women are having their voices heard. One who were calling melanie has asked to remain anonymous. I was sexually assaulted by being groped by Al Fayed at his Park Lane apartment. It was late in 2007. At the time she was in her
Had no choIce settle but to leave harrods. No choIce at all. The threat of InvolvIng the polIce would also be made by the SecurIty Team and on occasIon from our InvestIgatIons we know that thIs would be followed through. One woman that we represent was Sexually Assaulted and she had the Bravery And Courage to raIse thIs In a formal WrItten ComplaInt to harrods. On the same day of makIng thIs WrItten ComplaInt, the head of securIty, john mcnamara, contacted her and saId, you are a gIrl alone contacted her and saId, you are a gIrlalone In contacted her and saId, you are a gIrl alone In london, someone could jump out of the bushes at you, or you could have a sudden accIdent. You need to deny what you have saId In the fIrst letter wIth a second letter whIch you must drop off before noon the followIng day. She, of course, dId what she was told because she was absolutely petrIfIed. Another woman who we represent wIshed to resIgn because of the sexual assaults and degradIng behavIour, she trI
Hello, im annita mcveigh, welcome to Bbc News now, three hours of fast moving news, interviews and reaction. Within the past few hours, lawyers representing women who say they were raped or sexually assaulted by the former owner of harrods have described Mohamed Al fayed as a monster. Theyve also urged anyone else with similar claims to come forward. At least 37 women have accused the late billionaire of assaulting them. The case follows a Bbc Investigation in which woman who worked for him came forward accusing the egyptian billionaire, who died last year, of multiple counts of rape and attempted rape, during his 25 Year Reign at harrods. One of the barristers taking part in the News Conference Barriser Maria Mulla explained that when selected for their role, women would be sent for a private medical examination undertaken by three or four doctors whuich included a full cervical smear. Ms mulla gave further detail, revealing that one woman who made a complaint to harrods was told b
New pressures are open and New Pressures are open and over. Us has made the decidedly low Energy Stud to the last Trading Day of the week after closing at new Record Highs on thursday. The dow settled against 40,000 points for the first time. They have overcome initial nerves about a big Interest Rate Cuts from the Federal Reserve after fed treasurer said the worlds biggest economy is in a good base despite slashing the cost of borrowing by a Jumbo Half a percentage point. So what is next . For more,. Lets bring in tim urbanowicz, head of Research And Investment strategy at Innovator Etfs in chicago. Welcome. Further, rest assured that rate cant, is reaching Record Highs but there are still high stock valuations, meaning that it is an extensive market. Click that limit further gains despite lower rates . , rates . This is probably their base rates . This is probably their Base Macbeth rates . This is probably their Base Macbeth case rates . This is probably their i Base Macbeth Case Sc