hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what s different within the us economy that would lead the fed to change its current course? here s michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing caused more expensive loans on everything, from houses to cars and credit cards, so far they have done so without any damaging slowdown in job have done so without any damaging slowdown injob or growth wealth creation. the trouble is there is no sign of a living rolling off with consumer prices, inflation still high at over 8% and still the fed has focused on. and until it sees inflation coming
over a billion. £1 £1 billion. what would you do with it?! now it s time for a look at the weather with louise. hello. it s an afternoon for chasing cloud around for many, but there will be some breaks and the best of the sunshine is likely to be in the south east and generally across england and wales. and it s quite a humid, muggy feel out there with some light patchy rain across the midlands, north wales into the north of england. to the north of that, it s a little bit fresher but largely fine and dry for scotland and northern ireland. as we go through the evening, we ll see more persistent rain pushing across wales to the north of england into the midlands. maybe some of that rain perhaps just pushing towards the southeast corner, but nothing significant. the best of the drier, clearer skies are likely to remain in scotland. so some early morning sunshine for you on sunday. 0ur weather front sinks its way south and east, takes a few scattered showers across south
private health care do during the pandemic and how are they doing now? i have got the global boss of bupa talking covid, staff, brexit and the future. wherever you arejoining me from around the world, once again a big hello and warm welcome to the show. you know, it has been a record breaking few weeks for temperatures in europe. wildfires have raged across mediterranean countries like spain, portugal, italy and greece. here in the uk, we had our hottest ever day on record. and yet, it is the coming winter that has been focusing minds, in particular how western europe and other parts of the world are going to keep warm amid the rising oil and gas crisis? following the russian invasion of ukraine and heavy sanctions on russia s oil and gas exports, which are to come in at the end of the year. president biden in the last few weeks was in saudi arabia and the middle east. while he didn t secure more oilfrom the country many think trying to do so was one of the reason for his vis
from the energy transition commission. its new report reveals that to have even a 50% chance of limiting global warming to 1.5 degrees celsuis, cop27 must trigger more action by governments. it also finds that the cost of phasing out coal, ending deforestation, and reducing carbon dioxide levels could hit $300 billion per year. that s a huge amount of money and needs to be found. joining me now is faustine delasalle, vice chair of the energy transitions commission. you publish this report today, cop27 starts you publish this report today, c0 p27 starts on you publish this report today, cop27 starts on sunday in egypt. is it yet another stark warning for governments to take on s absolutely. on s absolutely. there has been rouress on s absolutely. there has been progress in on s absolutely. there has been progress in the on s absolutely. there has been progress in the past on s absolutely. there has been progress in the past few - on s absolutely. there has been progress in the pa