Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
His time for choosing. I wondered if he will choose his time for choosing. I wondered if he will choose her his time for choosing. I wondered if he will choose her as his time for choosing. I wondered if he will choose her as his his time for choosing. I wondered if he will choose her as his vice he will choose her as his Vice President ial candidate. Nikki haley theyre bowing out of the us president ial race this year. The government has warned it Mayjudge Israel to be in breach of International Humanitarian law if it fails to allow more aid into gaza. It comes as the World Food Programme says the israeli army has thwarted its first attempt in two weeks to take food aid to northern gaza. Israel hasnt commented yet. But israeli war cabinet member benny gantz is in london today, where he has met the foreign secretary, lord cameron. Earlier, lord cameron had told parliament there was dreadful suffering in the territory and patience with israel was running thin. And the situation is very
russia unleashes a wave of air strikes on kyiv in what appears to be the largest drone attack on the ukraine capital since the start of the war. britain s government is discussing plans for supermarkets to cap the price of basic food items to help tackle the rising cost of living crisis. and we meet the south african woman who used her own experiences of period poverty to help empower girls in hundreds of schools by delivering free pads. the people of turkey have gone back to the polls for the second round of the turkish presidential election with voting now under way in a presidential election run off between these two men long time authoritarian leader recep tayyip erdogan and his main rival, the secular opposition leader, kemal kilicdaroglu. here they are voting in the last hour. in the first round earlier this month, president erdogan won 49.5% of the vote just over 4% more than his rival. both candidates are chasing support from nationalist voters. earlier our middle
over the years we ve had long discussions about what happens around the way. it was very difficult. you don t repair a relationship overnight but i think we are in a very different place. how difficult and different was it to deal with rishi sunak to somebody like borisjohnson? the to deal with rishi sunak to somebody like boris johnson? like boris johnson? the former prime minister was like boris johnson? the former prime minister was not like boris johnson? the former prime minister was not the like boris johnson? the former prime minister was not the easiest, - like boris johnson? the former prime minister was not the easiest, and - minister was not the easiest, and i ve been diplomatic, but what you have to look at is not the past but the future, but also i think the uk realises, as we do, that we are not alone when it comes to dealing with the horrors of climate change and dealing with russia. we are united and working together. i think that realisation that we ca
by more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. top-selling vehicles over the past year- top-selling vehicles over the ast ear. :: , ,, past year. bringing in 20% less income is past year. bringing in 20% less income is well, past year. bringing in 20% less income is well, not past year. bringing in 20% less income is well, not good. - past year. bringing in 20% less j income is well, not good. what helps the electric car maker however is that it warned wall street this was coming. so it didn t come as a complete surprise, giving tessa cut prices on its top selling cars several times last year. in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, th