global markets are eagerly waiting for the latest us inflation numbers and whether they will give any indication the rate has peaked. last week there was unexpectedly strong us jobs data which added to expectations the world s biggest economy is able to withstand a sharp interest rate rise by the federal reserve. but if inflation continues to soar it could change the likelihood of an aggressive big hike by the central bank. here s our north america business correspondent michelle fleury. after yea rs of no after years of no or at least hardly any inflation in the us, the past 12 months have seen consumer prices bugging sharply. the annual headline rate was 9.1%, the highest level for a0 years. economies expect the rate to call slightly to 8.7%. if that is the case that was ignored some welcome relief for us consumers and there are signs that americans do not expect inflation to continue at these levels for long. in addition, congress is about to pass the inflation reduction a
Killed two, enjoyed a third in a rifle attack. That was during a euro 2024 qualifying matches taking place which is important because it means a lot of swedish people were brussels for the match was the police say the gunmen is believed to be of tunisian origin but was in belgium illegally after having his Asylum Application rejected. A few lines we are having sent to us. This is from the swedish Prime Minister, some pretty strong statements from him saying sweden has never been under as big a threat as now. He says sweden and the eu need better border control. He says this is a time for more security, we must not be naive. And as said, the suspected gunman was in brussels illegally but we also know he had been to sweden but was not known to police. The swedish Prime Minister of course recognising the concern many around the world have right now saying i understand many swedes are afraid and angry, particularly at the suspect not being known by Swedish Police and he says, and this coul
Elsewhere are facing similar challenges, aren t they? good morning- challenges, aren t they? good morning. thank challenges, aren t they? good morning. thank you challenges, aren t they? good morning. thank you for - challenges, aren t they? goodi morning. thank you for having me. absolutely. what we re talking about is a global rising energy prices, whether you re talking about oil or national gas, in europe we confronted with a very volatile gas price because we are in more proximity to russia and continental europe is heavily reliant on russian gas but not so much in the uk, only a% comes from russia. all of these prices are affected by international markets and are such a demanding competition for gas around the world at the moment because russia is withholding the gas supply and if you look at the inflation numbers, more than half of that is driven by energy prices so a very serious situation.- very serious situation. series consents very serious situation. series consents
5, when the new prime minister takes over still a weeks away. our business editor simonjack has this report. i spoke to suzanne in february this year. back then on maternity leave, she was worried about average energy bills rising to almost £2000 in april and now it is estimated that come january they ll be double that. how did you feel now? it double that. how did you feel now? , , . . , double that. how did you feel now? , , , , now? it is scary. it is my biggest now? it is scary. it is my biggest concern - now? it is scary. it is my biggest concern as - now? it is scary. it is my biggest concern as a - now? it is scary. it is my - biggest concern as a mother, to be honest, financial security and making sure that everybody can have what they need. i think the uncertainty around it and a rise in october and a rise injanuary, that is where it really makes me nervous. the amount energy it really makes me nervous. the amount energy companies are allowed to charge a household, the
Is germany ready to do that coal from is germany ready to do that coalfrom russia? coal from russia? good coalfrom russia? good morning from berlin, yes, we are ready for that switch from russian coal to other sources. we have the view that russian coal can be replaced. replaced with what? we are replacing it predominantly web coal from the united states, south africa, australia, colombia and indonesia. how does it work practically, because to get into germany, using ports and etc, is that tricky issue? of course, you need more of a of course, you need more of a plan, of course the shipping