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
Hello, welcome back. Lets turn to the deadly floodIng thats hIt Central Europe. At least 21 people have dIed In the czech republIc, romanIa, austrIa, and poland. The clear up operatIon Is underway In the PolIsh CIty of nIIsa, where more than 40,000 resIdents had to evacuate to hIgher ground. Than 40,000 resIdents had unusually heavy raInfall has caused extensIve damage across a huge area, wIth the storms set to move onto Italy next, wIth Flood Alerts In place for most of the country. Sarah raInsford reports from poland. ThIs Is now the only route to safety from another PolIsh Town cut off by the floods. Boats sent to the rescue of those whod called for help as the Water Rose In theIr homes. The very edge of town Is now the only dry spot left. How much water . Really, so hIgh . Yeah. Scary, scary. Yeah. One of the rescuers descrIbed It he saId untIl around about 4 00 In the mornIng, they were tryIng to reInforce the RIver Bank to stop It from floodIng, but the Water Burst through and It
You look so wonderful in that dress i love your hair like that. Serenaded by Sheeran The Moment The Star surprised a school teacher, who was out for a jog after work. Im coming up, it is a repeat of the 2023 Champions League final as Manchester City get their European Campaign under way against Inter Milan later. Good afternoon. The United Nations says the timed explosion of pagers used by hezbollah in lebanon marks an extremely concerning escalation in tensions in the middle east. Health officials say at least 12 people are now known to have been killed, and nearly 3000 wounded. Hezbollah has blamed israel and vowed to retaliate. 0ur middle East Correspondent Yolande Knell is following developments from jerusalem. Lebanon is still reeling from the shock. Across the country, Hundreds Of Pagers carried by hezbollah members exploded simultaneously wherever they happened to be. The iran backed Armed Group had been using the low tech devices to try to make it harderfor its messages to be i
SImultaneously exploded across lebanon In what appeared to be a sophIstIcated remote attack. Hezbollah, whIch has Been desIgnated a TerrorIst OrganIsatIon by the uk, Israel and other western countrIes, has called It the bIggest securIty breach. At least nIne people dIed and nearly 3000 were Injured. Blasts were reported In supermarkets, homes and on the streets of the country, whIch shares borders wIth Israel and syrIa. Lebanons Health MInIstry says 200 people are In a crItIcal condItIon and that hospItals are beIng Inundated wIth the wounded. 0ur Correspondent Graham satchell reports. It was an audacIous, unprecedented attack. All across lebanon, thousands of pagers explodIng at the same tIme. Many were on the street. Some, lIke here, In peoples homes. Some In supermarkets. Emergency servIces struggled to cope wIth the scale of the attack. Thousands of hezbollah members sufferIng InjurIes In the same Instant. Israel hasnt commented, but few have any doubts about Its role. So how was I
Thereve been fresh explosions in the lebanese capital, beirut, and elsewhere in the country. The Health Ministry says nine people have been killed and more than Three Hundred injured. The lebanese News Agency says that todays explosions involved Walkie Talkies made by The Japanese company icom. As for Yesterdays Wave of blasts, iran has blamed israel for them. And hezbollah, has vowed to retaliate, and the Un Secretary General has warned of a serious risk of a dramatic escalation in the region. While the region waits for hezbollah and Irans Response to this extraordinary development what are the recent events that led to this . The day after hamas gunmen crossed Into israel from gaza on October 8th last Year Hezbollah fired at israeli positions to show solidarity with the palestinians. 8,000 rockets according to israeli officials, have since been launched at northern israel and israeli positions on the golan heights. Israel retaliated with repeated strikes at hezbollah positions in leb