Hello, im kasia madera. We start in the Middle East, where israel says hezbollah fired over 150 missiles into the country in the latest excalation of Cross Border strikes between the two sides. In turn, israel has launched extensive airstrikes on targets in Southern Lebanon. Prime minister, Benjamin Netanyaju said his country had inflicted a series of heavy blows on hezbollah in Recent days, saying if they havent understood the message yet, they will. Residents in the Northern Israeli Port City of haifa, nearly 30km from the border with lebanon, have been told to restrict gatherings and stay near shelters, after it and a nearby airbase were targeted by hezollah rockets. And Lebanons Health Ministry now says 45 people, including women and children, were killed in fridays israeli attack on beirut. From jerusalem, Paul Adams reports. Northern israel under attack this morning. Houses hit far from the lebanese border. Hezbollah are seeking revenge after days of devastating setbacks. Israels
Building. Working with the Global South to take on putin flies. Applause conference, last year, we read the horrific news had murdered around 1200 israelis, and kidnapped 250 others. What is followed those atrocities is a horrific war. Tens of thousands of palestinian women and children killed and injured. Their homes turned to rubble. Leaving gaza a vision of hell on earth. Meanwhile, dozens of israelis remain captive and israelis remain captive and israel faces threats from all angles. With iran and its proxies seeking to wipe israel off the map. Conference, i know, like me, you are desperate to see the conflict in the Middle East come to an end. This Labour Government has already made clear britains principles. In my first weeks of government i went to israel and the occupied Palestinian Territories to call for an immediate ceasefire. Words, no previous Foreign Secretary had even used. Applause we have used the full weight of Britains Diplomacy to push to protect civilians now. Get
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
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
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank 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 Fede