Giant us steel have fallen sharply, after President Biden weighed in to oppose a near 15 billion takeover of the firm by a japanese company. Us steel is based in pittsburgh, pennsylvania a key battleground in this years election. The takeover deal, agreed in december, has caused major controversy there. But any move to block it could raise tensions with japan a vital ally for the us as it tries to counter the growing power of china. From new york, erin delmore reports. President biden is taking a stand against a deal in the making. Us steel, an american company, is set to be bought by nippon steel, a japanese company. But President Biden says that us steel should stay in the us. L115 says that us steel should stay in the us in the us. Us steel the stronger in the us. Us steel the stronger america in the us. Us steel the stronger america is in the us. Us steel the| stronger america is made in the us. Us steel the stronger america is made here. The president praised the iconic 123 year o
so let s get down to business and we begin here in the uk where families are brutally exposed to the effects of soaring inflation that s the conclusion of a report out today from the think tank the resolution foundation. it warns the very slow growth in wages since the 2008 financial crash has left families in the uk particularly vulnerable to high energy, food and fuel prices and those most vulnerable are families in rental accomodation, single parents and those with young children. i m joined now anna macdonald, fund manager at amati global investors. what s interesting about this report, we are not surprised to hear families are struggling, especially those in single parent homes, that kind of scenario but what i found interesting was uk households are worse hit than other countries. what does it say? it s an interesting report going back over time, working out that wages have been rising at a slower pace than several other developed economies. and that really goes dow
plus, coming to a car park near you: cheap solar charging for your electric vehicle. but does northern europe have the weather for it? we start with the cost of living here in the uk because, as we were anticipating this time yesterday, the chancellor rishi sunak has announced a financial support package to help people with soaring bills. the 15 billion pound plan will be funded, in part, by what he called a temporary, targeted energy profits levy. in other words, a windfall tax on the energy companies, a policy the opposition labour party have been calling for, but the government has resisted, until now. all households, regardless of income, will receive a grant of £400 towards their energy bills, which won t have to be paid back. on top of that, those on the lowest incomes, around eight million households, will receive a one off payment of £650. and pensioners receiving the winter fuel allowance will also get an extra one off payment of £300. those receiving disability b
after the vote the us ambassador to the un called on both hamas and israel to implement the plan without delay or any conditions. our north america correspondent maddock tawfik is monitoring events for us and sent this update. events for us and sent this u date. ,, ., , update. the united states, because no update. the united states, because no surprise - update. the united states, because no surprise that i update. the united states, i because no surprise that this resolution coincided with antony blinken set trip to the region. what we heard from the united states was that this was the best possible way to secure a durable end to the war. saying that it really is a deal that was israel s initiative, it outlined three phases that they said would eventually lead to the complete withdrawal of israeli forces. the release of all hostages in exchange for palestinian prisoners. major reconstruction of gaza eventually. but i think from different members and different positions, w
hello, i m sally bundock. a very warm welcome to the programme. the united states is making a major push to pause fighting in gaza, with diplomatic efforts taking place both in the region and at the united nations. the un security council endorsed a ceasefire proposal for gaza on monday. it is the first time the council has passed a resolution demanding a stop in fighting, after eight months of war. the resolution urges both hamas and israel to fully and quickly implement the three phase plan. 1a countries voted in favour, and russia abstained. us ambassador to the un linda thomas greenfield says the resolution shows hamas that the international community is united. colleagues, today this council sent a clear message to hamas. accept the ceasefire deal on the table. israel has already agreed to this deal and the fighting could stop today if hamas would do the same. i repeat, the fighting could stop today. our north america correspondent, nada tawfik, has been following the de