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will be the first since beijing scrapped its zero covid restrictions late last year. the chief economist at hang seng bank china told us she is expecting to see an economic rebound that could fade in subsequent quarters. in rebound that could fade in subsequent quarters. in terms of gdp growth subsequent quarters. in terms of gdp growth for subsequent quarters. in terms of gdp growth for the - subsequent quarters. in terms of gdp growth for the first - of gdp growth for the first quarter it is very likely to exceed expectations because the trade data was just exceptional, so now we are anticipating a growth rate of about 4.5% and in terms of infrastructure, housing, consumption, all those figures will improve significantly in the first quarter as well. there might be some downside risks but it will mostly show up risks but it will mostly show up in the coming months. in the first quarter data probably is just right spots. it’s first quarter data probably is just r ....
clean up the aviation industry? we get airborne to find out. we start in the us where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing with the bank of england widely expected to announce a hefty rate rise in the next few hours. more on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, pr ....
let s get down to business now. in just a few hours, the federal reserve america s central bank will make a decision on interest rates. it s pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 60%. and this is not a uniquely american problem. great prices are soaring around the world. the federal reserve, like other central banks is raising rates to curb inflation. here on wall street most people believe the policymakers will raise by .75%. but there are those believe the fed may adopt a more aggressive policy and raise the rates by a full percentage point. such is the urgency of combating r ....
hello and welcome to bbc news. the man accused of stabbing the author sir salman rushdie has pleaded not guilty to attempted murder and assault. hadi matar was formally charged in a court in new york state. sir salman remains on a ventilator in hospital, after being attacked at an event yesterday. he s been the subject of death threats ever since the publication in 1988 of his controversial book, the satanic verses, which some muslims considered blasphemous. this report from our correspondent, nomia iqbal. sir salman rushdie remains on a ventilator inside this hospital after undergoing emergency surgery. his agent has said the author is in bad shape. he faces losing an eye, the nerves in one of his arms are severed and his liver is damaged. sir salman was flown here from the neighbouring state of new york. it was there at a literary event where the attack happened in full view of a large audience. a man in a black mask jumped onto the stage, stabbing him at least once i ....
the man accused of stabbing the author salman rushdie has pleaded not guilty to attempted murder and assault. hadi matar was formally charged in a court in new york state. he s been the subject of death threats ever since the publication in 1988 of his controversial book, the satanic verses, which some muslims considered blasphemous. this report from our correspondent, nomia iqbal. sir salman rushdie remains on a ventilator inside this hospital after undergoing emergency surgery. his agent has said the author is in bad shape. he faces losing an eye, the nerves in one of his arms are severed and his liver is damaged. sir salman was flown here from the neighbouring state of new york. it was there at a literary event where the attack happened in full view of a large audience. a man in a black mask jumped onto the stage, stabbing him at least once in the neck and several times in the abdomen. guests held the suspect down as others tried to help the author, who lay injured o ....