50,000 catholics In Singapore. An important moment for singapores catholic community. So we are monitoring the live shotin so we are monitoring the live shot In Singapore as the pope is greeted. You are watching bbc news. Next, the war in ukraine. Americas top diplomat, Antony Blinken, is in Poland Today following his trip to kyiv. These are the latest pictures of Mr Blinken arriving in warsaw. He is due to meet senior polish officials to discuss support for ukraine. The Secretary Of State said yesterday he will take back to washington the discussions he and his british counterpart have had with ukrainian officials about the use of long range western weapons for strikes inside russia. Live to our Eastern Europe correspondent, sarah rainsford, who is in warsaw. This is anthony benton, he is in warsaw without his Uk Counterpart, mr lambie. Just talk us through, of Course Poland very much supported the ukraine, what is the messaging we will hear from him today . I think what he is going t
Speaking last week, Mr Draghi highlighted limited innovation, high energy prices and a Skills Gap as part of the problem. Sarah hall is professor of economic geography at the university of cambridge. Shejoins me now. What are you expecting with this report . From what we have heard and briefings we expect a very long Document But One that potentially struggles to be really clear on how some of thoseissues really clear on how some of those issues could be tackled. For some reason that is really obvious and quite clear why that might be the case. Some of the challenges the us facing is very similar to other advanced economies in Europe And North america including the uk. For example, how do you drive up competitiveness as a regal thorny challenge that is hard to address. I think i will be looking out for what the report says around improving competitiveness, crucially how that might be financed, that is a really big questions. And how the eu and through this Report Mario draghi suggestin
And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer muchneeded stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, the
I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer muchneeded stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth?
Through disappointment and that said, through fears of an imminent recession, does look like a slow recession, does look like a Slow Down. I think the Stock Market Slow Down. I think the Stock Market particularly as gone ahead market particularly as gone ahead and in bullish scenarios in the ahead and in bullish scenarios in the collection. And ahead and in bullish scenarios in the collection. In the collection. And to cut Interest Rates in the collection. And to cut Interest Rates next in the collection. And to cut Interest Rates next week,. In the collection. And to cut i Interest Rates next week, any surprises you are expecting there . ~.. there . We are looking at 25 cuts and there . We are looking at 25 cuts and also there . We are looking at 25 cuts and also looking there . We are looking at 25 cuts and also looking at cuts and also looking at the inflation cuts and also looking at the inflation which we have shown signals of and it is possible that signals of and it is possible