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and months of negotiation. and in fact, the deal was meant to expire today. they ve now got an entirely new deal which will carry them through for another nine months. and as you say, it s going to be about three billion usd, which is more than they were expecting if they d managed to negotiate the end of the last deal. so that is a relief. but at the same time, lots of analysts that i ve been speaking to have also emphasised the fact that this is reallyjust patching up just for now, it s a sticking plaster to be able to get pakistan through to the end of the year and the beginning of the next year. really crucially, at the moment, pakistan is expecting to have a general election here. now, this deal will mean that the current government can finish its term. a caretaker government can can take over. then there s an election. and then the new government, which in that election is expected to happen in october, can then start the whole process of negotiating the next deal ....
this news came to us in the very last hour or so we are waiting for that press conference to begin in about 30 minutes or so. give us a sense of the mood where you are not that this latest information has come through. that this latest information has come through. this is going to be hiuhl come through. this is going to be highly anticipated come through. this is going to be highly anticipated press come through. this is going to be i highly anticipated press conference, we are used to getting them about once a day around one o clock in the afternoon and coming at three p:m., the world media is here and that will be a highly attended press conference. everyone wanting to know more details about the debris field that was found. this was confirmed in a tweet earlier today by the us coast guard which has been coordinating its operations from right here in boston. this has been an international search and rescue effort. you have gotten very few details. we have had to ....
from new york, the bbc s michelle fleury reports. major western brands have found themselves hit by a grassroots often unplanned boycotts because of their stance on the israel palestine conflict. this includes mcdonald s. the burger chain came a target became a target after videos online showing them giving away thousands of free meals to the members of the israeli military. this resulted in boycotts of the brand. owners and muslim majority countries such as kuwait and pakistan put out statements distancing themselves. in a message on linkedin, mcdonald s ceo wrote that the burger chain is experiencing a meaningful business impacted due to the war and associated misinformation. all of this in the middle east and beyond because of the war in gaza. he added, this is disheartening and ill founded, pointing that many of the restaurants are operated by local owners. he didn t elaborate on the scale of the impact, but mcdonald s has around 2,000 restaurants in the region. ....
correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number of job openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first ratesetting meeting this year starting january 30. that disappointment is reflected in how u ....