Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot of pressure on Rachel Reeves to change the music, to be more optimistic, what do you think . I think she will struggle to change the mood music. We are in a difficult position, the economy has been flatlining for the last coupl
Hezbollah Deputy Chief says in new phase of battle with israel. Thousands of people in Northern Israel have been seeking shelter, after hezbollah launched more than A Hundred rockets from lebanon. Israel says a number of missiles were also fired into its territory from iraq. Speaking at the Labour Party conference, the foreign Secretary David Lammy called for a De Escalation between Israel And Hezbollah. Between Israel And Hezbollah. The left Wing Opposition the left Wing Opposition candidate Kara Murza wins sri candidate Kara Murza wins Sri Lankas election Kara Murza lankas election Kara Murza wins the Sri Lanka wins the Sri Lanka Election Anura Kumara dissanayake wins the Sri Lanka as we have just heard in the last hour the left Wing Opposition candidate Kara Murza has one Sri Lankas president ial poll. The country really having a lot of economic problems in that and an election had to be called. In the last few minutes he has posted a statement On X that, this victory belongs to Al
it s a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working, but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers, but it s also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he is facing re election next year and being able to control inflation without pushing the economy into a recession will be key if he wants another four years in the white house. samira hussain there. let s bring in the milken institute s chief economist, william lee, whojoins us now from nevada. that s the ultimate question that all the central banks around the world are asking them selves. has the us peaked? lots of prices and inflation decreases have come out because supply chains have been restored around the world and consumers are able to get the stuff they want to buy. one of the
one year later he still struggling. one year later he still stru~lin~. ., struggling. most of the skilled labour has struggling. most of the skilled labour has left struggling. most of the skilled labour has left the struggling. most of the skilled labour has left the country. i labour has left the country. during the crisis, i had ia shifts inside my kitchen, right now i only have two. i am running daily advertisement so i m recruiting weekly. as a businessman i don t see a real future right now. in businessman i don t see a real future right now. businessman i don t see a real future right now. in 2022, more than 300,000 future right now. in 2022, more than 300,000 left future right now. in 2022, more than 300,000 left the - future right now. in 2022, more than 300,000 left the country | than 300,000 left the country inward search of a better future, the highest migration in sri lankan history. the brain drain of the most skilled like doctors, staff, chef and it professors