Of the wildfires. Officials said it is still difficult to determine the true extent of the damage on maui, and have warned the death toll may rise. Some of the people caught up players we just had the worst disaster i have ever seen. Its burnt to a crisp. Its like an apocalypse. Woke up this morning and got on our Phones Temperatures of our house down to the slab, nothing but smoke. The winds picked up, i everything flew away, our Apartment Complex is right above the aquatic centre. We thought we were 0k| but then the wind came, gas station blue up, everything caught fire by the brush and we had to evacuate. 0ur weather presenter ben rich has been looking into the Weather Conditions that have contributed to the fires in hawaii. Rarely causes board size but it can bring provisions that make them lightly and the weather on its own rarely causes wildfires, but it can bring conditions that make them more likely and help to fan the flames, which is exactly whats happened in hawaii. Its been
Beijing has reacted angrily saying it s gravely concerned about the order. A spokesman for the Chinese Embassy in washington said the curbs seriously undermine the interests of chinese and American Companies and investors. But republicans have said the restrictions don t go far enough. From new york, Michelle Fleury has more. This is a new front in the tech war between two global superpowers. The restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors in china such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital and know how from speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. It would also require firms making investments in a broader range of sensitive Chinese Industries to report that activity. Potentially laying the ground for more restrictions on investments down the road. The regulations aren
36 dead. Take a look. This is the island of maui. The resort of lahaina. Some reported jump in ocean to escape the fires. Thousands are now staying in emergency shelters. This is the aftermath. Hurricane dora is close meaning those strong winds spread fire. Lets listen to what President Biden has had to say. I lets listen to what President Biden has had to say lets listen to what President Biden has had to say. I want to say a word about the devastating has had to say. I want to say a word about the devastating wildfires has had to say. I want to say a word about the devastating wildfires that | about the devastating wildfires that has claimed at least 36 lies in how i. We havejust approved it major Disaster Declaration for hawaii which will get aid into the hands of people needing help now. Anyone who was lost a loved one, whose home has been damaged or destroyed, will get help immediately. I directed that we serve support to these great firefighters and First Responders and Emergency
We start in hawaii, and apocalyptic scenes as wildfires sweep across the islands. At least 36 people are known to have died and others are still unaccounted for. Large parts of the Tourist Town Of Lahaina on the island of maui have been burned to the ground. This is what it looked like overnight when flames spread rapidly, forcing some people tojump into the sea to escape. Multiple areas have been burnt to the ground and the western side of the island is almost cut off. Officials say, the Hospital System is overwhelmed, with many people suffering burns and smoke inhalation. 0ur correspondent Richard Galpin has this report. If anybody is still out here, it is time to go is anybody still out here . Its time to go these are the desperate calls for people still in the historic City Of Lahaina on the island of maui, as the flames on the marina gets closer and closer. Many neighbourhoods were burned to the ground as the western side of the island was nearly cut off with only one highway open
Higher housing, cars and food costs but once his take out Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers 40 drifted down from last summers a0 year highs but its still well above what the Federal Reserve thinks of as normal prices. With the overall trend heading in the right direction, policymakers may feel that they dont need to raise Interest Rates further. Us central bank, you may recall, raised its benchmark Interest Rate to more than five and a quarter , the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. Cool. Qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been made in the Worlds Largest economy. Chinas e commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up by more than a . Earlier this week the latest data shows C