let s start in the us where inflation has been falling for the 7th month in a row. the rate forjanuary stands at 6.4% down from a peak of 9.1% injune last year. but the latest report from the us labor department also showed the pace of that slowdown is starting to ease. the bbc s north america correspondent michelle fleury reports from new york. inflation has been coming down on an annual basis. that s the good news. the bad news on a monthly basis, prices for consumer goods actually rose at the start of 2023, despite an aggressive campaign by america s central bank to bring it down. the consumer price index was up 0.5% injanuary, compared to a revised 0.1% increase in december. the cost of housing was to blame for more than half of the increase. higher food and energy prices also contributed. the stronger than expected report, coupled with a tight labour market, could force america s central bank to raise interest rates more than anticipated. and that certainly spooked i
-what happened friday when silicon valley bank fell. svb, a top choice for tech start-ups, with more than $2 hundred billion in assets at the time. that makes it the second largest bank failure in american history behind the washington mutual meltdown in 2008. we had a great recession then. the president now keeps saying we re not headed for a recession. a host of companies affected include household names like etsy and fit bit. all deposits at the failed bank will be available today. investors knew the risk and should not be protected. yes, the fdic is up to $250,000. if you invested in the banking institutions you just lost your cash. when biden was vice president, taxpayers were on the hook for bank bail-outs. they used our cash to bail out the big guys. the administration may be looking to avoid backlash for doing that this time. president biden: customers can rest assured that he will be protected and accessed to their money. no losses will be borne by the taxpayers.
the british and us governments scramble to reassure their tech start up sectors after the collapse of one of the main sources of funding, the silicon valley bank. and hollywood is getting ready for its big night. we ll take a look at what s in store at the oscars. the impact of gary lineker s removal from match of the day is continuing to affect the bbc s sports output. coverage of the women s super league and tonight s match of the day two programme have been hit because fellow presenters and commentators refuse to work in support of the presenter. the bbc had forced gary lineker to step back from his duties after he posted a tweet criticising the government s language on migrants. the prime minister says the controversy is a matter for the bbc, but opposition mps have accused the corporation of bowing to pressure from the conservatives to sanction the presenter. with more, here s our media correspondent, david sillito. have you spoken to tim davie yet, mr lineker? i m going
hello and welcome to bbc world news. talks between the bbc and its highest paid presenter, gary lineker, are said to be moving in the right direction after a second day of scheduling disruption, following his removal from the match of the day programme. bbc news understands there are hopes of a resolution soon but not all issues are fully resolved at this stage. our media correspondent, david sillito, has more. have you spoken to tim davie yet, mr lineker? i i m going to walk my dog and i m going to do my shopping, so would you mind letting me do it on my own? the agenda this morning for gary lineker was walking the dog, shopping and saying nothing about the row about his tweets that have led to him being pulled off air and match of the day turning into this. no presenters, no commentary just the sound of fans. the disruption to bbc output has continued today as colleagues and friends rallied to his support. the bbc said tweets in which he described government policy
hello and welcome to bbc world news. the impact of gary lineker s removal from the match of the day programme in the uk is continuing to affect the bbc s sports output. coverage of the women s super league, and sunday evenings, match of the day 2 programme, have been hit, because fellow presenters and commentators refuse to work, in support of the presenter. the bbc had forced gary lineker to step back from his duties, after he posted a tweet criticising the government s language on migrants. the prime minister says the controversy is a matter for the bbc, but opposition mps have accused the corporation, of bowing to pressure from the conservatives to sanction the presenter. with more, here s our media correspondent, david sillito. have you spoken to tim davie yet, mr lineker? i i m going to walk my dog and i m going to do my shopping, so would you mind letting me do it on my own? the agenda this morning for gary lineker was walking the dog, shopping and saying nothing ab