House of representatives is hereby declared vacant. And with that, Kevin Mccarthys nine month term as speaker was over. The final straw his decision to do a deal with democrats to keep the government open. He didnt hesitate to point the finger of blame at the eight republicans who ousted him, led by matt gaetz, his nemesis. Look, you all know matt gaetz. You know, it was personal. It had nothing to do about spending. The unprecedented removal of the speaker has Left Congress in chaos. So much so, theyve decided to take a week off while they work out what to do next. One rebel, though, was unrepentant. This was the right call. The American People deserve a leader and a speaker who will tell the truth, and so too does the international community. They need to know that the next speaker is going to be honest and wont go back on their word. With republicans focusing firmly on themselves, the question of funding for ukraine, which congress controls, remains undecided. It does worry me. And.
To hold talks wit the main parties in Northern Ireland at downing street. Now on bbc news all the latest Business News live from singapore. She has done it us Interest Rates rise to their highest levels since the 2008 financial crisis but now what . Overall we continue to expect that the economy will expand at a moderate pace over the next few yea rs. Moderate pace over the next few years. And it is crunch time in the bidding warfor years. And it is crunch time in the bidding war for toshibas chip years. And it is crunch time in the bidding warfor toshibas chip unit but wary as japan, which has traditionally stood behind its troubled companies . Hello, welcome to Asia Business report. Despite lacklustre growth the American Central Bank has taken steps to cool the Worlds Largest economy, forging ahead with the second Interest Rate rise this year, signalling another is on the cards in 2017. The fed reserve, led by the chair, janet yellen, had plans to shrink the Bond Holdings and massive
The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
but the rebellion has left another dent in mrjohnson s already battered authority. our deputy political editor vicky young reports. the vicky young reports. british newspaper hasjust published the british newspaper hasjust published another photo of what appears to be another such party thrown by conservative aids in breach of measures the spokesperson said that senior staff became aware of an unauthorised social gathering organised by a candidate for london mayor and that formal disciplinary action was taking against the whole staff to the campaign. our deputy editor vicki young reports. a government win. the eyes it b 369, government win. the eyes it by 369. the government win. the eyes it by 369, the nose government win. the eyes it by 369, the nose to government win. the eyes it by 369, the nose to the - government win. the eyes it by 369, the nose to the last . by 369, the nose to the last 126. . ., , 126. ouch. but only with the hel of 126. ouch. but only with the help of