Regional expert who explained the Economic Impact of those floods. ~ ,. , . ,. , floods. While youre flooding so far in the floods. While youre flooding so far in the month floods. While youre flooding so far in the month of floods. While youre flooding so far in the month ofjuly i floods. While youre flooding so far in the month ofjuly is| so far in the month ofjuly is estimated to have cost around 25 Billion Us Dollars then of course the season for these sorts of extreme weather events is not yet over. August and september historically have also often had Severe Weather events, such as typhoons and floods, as well as drought last year china was also hit with a very severe drought. So what we are seeing is increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally, Climate Change is very much linked to what we have seen at present in china and in recent years and there are a lot of concerns that as Global Temperatures rise furthe
To face each other again in novembers election. Lets get the latest from our chief presenter sumi somaskanda. Who has been watching it all unfold there. So, in california, no surprises. Thats absolutely right, sally. To give you an idea of where we are, we have been taking in the evening and watch party at the university of Southern California with a bunch of students and Community Members who came to see the results come across. As you said, but donald trump, joe biden sweeping victory here, that is exactly what was expected. We know for donald trump in particular the state was important, 169 gop delegates up for grabs, he has taken those with him on his march toward securing the nomination. What is interesting to see is a lot of the issues we have heard from voters here in california and where we were previously, in arizona, a battleground state, reflect what we saw in exit polls coming out from Super Tuesday. Voters are worried about the economy, Cost Of Living, and they worried abo
So what is driving this revival in bitcoin . Erin delmore reports. Its been more than two years since we have seen Bitcoin Cross the 60,000 mark, but the cryptocurrency did just that on wednesday, even soaring to 64,000. It may be closing in on its all time high of 68,000. There are a few reasons why crypto enthusiasts are fired up About Bitcoin these days, newly approved Spot Bitcoin Exchange traded funds have investors buzzing and there is a change coming up in april when bitcoin miners start getting less bitcoin for their efforts and the spectre of lesser supply fuels more demand. 0ne lesser supply fuels more demand. One more thing than any background here, the Federal Reserve is expected to cut Interest Rates this year, that stokes investors because interest in alternative investments like cryptocurrencies. But its not all smooth sailing, some uses of queen based global, the largest trip to exchange in the us unexpectedly saw their balances drop down to zero among the bitcoin buzz
half hour. the us defence secretary once in a dangerous moment in the middle east as america prepares to respond to the reigning attack that kills three us personnel warns of a dangerous moment. the kills three us personnel warns of a dangerous moment. the president will not tolerate a dangerous moment. the president will not tolerate attacks a dangerous moment. the president will not tolerate attacks on - will not tolerate attacks on american troops and neither will i. european leaders agree a 50 billion euros aid dealfor ukraine. meanwhile, ukraine s ministry of defence says they ve sunk another russian warship in the black sea. footage released shows that being sunk by several see drones. and the double oscar winner sparked controversy by using ai double oscar winner sparked controversy by using al to recreate the voices of two dead singers. we will talk live to the composer. first, let s round up all the business use of the day. ty kenwright has joined us. focusi
if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin peach