and winds of change. cloud computing, augmented reality, and 100km/h yachts! how sailgp hopes to get the video game generation on board. this we start with the cost of borrowing because it is on the rise again. in the next few hours the bank of england and the european central bank are both expected to increase their main interest rates by half a percentage point to their highest in m years as they battle to bring inflation under control. good news for savers of course, but piling more pressure on businesses and many people with loans and mortgages. for the bank of england, it would be the tenth rise in a row and would take the cost of borrowing to 4% its highest since 2008. on wednesday the us federal reserve announced a quarter percent increase a much smaller rise than in recent months. but its chair, jerome powell, warned that it would not be the last. as samira hussain in new york reports after in new york reports a year of aggressive rate increases after a year o
dunne is no longer the richest asian. infact, he dunne is no longer the richest asian. in fact, he has lost personal wealth worth nearly $50 billion, he went from being the third richest in the world to the 15th, in fact according to the 15th, in fact according to some estimates, the loss of market gap that has happened is equivalent to about i6% of the indian budget that was allocated just yesterday, with nearly $550 billion. that is where things stand. we already know the adani group is considering legal proceedings against the hindenburg research group after they put forth those allegations in their report. we haven t heard anything beyond that issue but we are waiting to see if any kind of official statement is issued by india s market regulator about whether the allegations need to be probed at a deeper level or not. thank ou. stay with us on bbc news, still to come winds of change in the worlds of yachting. how sailgp hopes to get the video game generation on board. this is the
and winds of change. cloud computing, augmented reality, and 100km/h yachts! how sailgp hopes to get the video game generation on board. this we start with the cost of borrowing because it is on the rise again. in the next few hours the bank of england and the european central bank are both expected to increase their main interest rates by half a percentage point to their highest in m years as they battle to bring inflation under control. good news for savers of course, but piling more pressure on businesses and many people with loans and mortgages. for the bank of england, it would be the tenth rise in a row and would take the cost of borrowing to 4% its highest since 2008. on wednesday the us federal reserve announced
appreciate it. you guys are doing amazing things for a very good cause and one of your biggest fundraisers for this is an event coming up here soon where you pit military gamers against civilian gamers, am i correct and people can watch and stream this? yeah, the way to think of it is it s almost the army navy game for the video game generation. all service branches from the u.s. and uk compete against each other in call of duty. call of duty, most folks know about that, it s the world s most popular video grahams, largest entertainment in the past year. the call of duty endowment which is supported by activism blizzards, $60 million in donations and continue do that. code bold is what helping us create more awareness in support for continuing putting vets in
you got and worked hard. what do you think about the participation trophys? i m kind of in the same boat. you look at today ease children, you look at today s generation, whether if you want to call them the facebook generation or video game generation, i think it is a lot, unfortunately now, we look at our children to get off the coach and go outside and play. the nfl has nfl play 60 where encourage kids to get 60 minutes of playing time. it s a different way he grew up opposed to what his children are growing up in. there are a lot more distractions for children to not be as active. you mentioned it, michael, you look at james background and he worked hard to accomplish everything that he s done just not nfl but life and he want still that. did either of you get