The number of individuals who have reached out to us through the crisis in take form has approached thousand and we are continuing to monitor the situation closely and are going to say that work is ongoing. We have no higher priority than the safety and security of american citizens. Sandra that was moments ago as the State Department continues to give an Update Screen right on the number of Americans Still stuck in haiti at this hour and efforts to get them out. All of this is happening as we are now awaiting an update from the white house. This hour. Screen left on the worsening crisis in haiti. Hello and welcome everyone. Im sandra smith in new york, john, great to be back with you today. John a quick weekend and now back to another busy week of news. Im john roberts in washington and this is america reports. Despite the State Department telling fox news last week americans who were trapped in haiti were on their own, officials appeared to reverse course and chartered a flight to mi
if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
microsoft incorporated chatgpt microsoft incorporated chatg pt into microsoft incorporated chatgpt into its being search engine earlier this year. the company also announced a new folding frame. we have more from the conference. this is google s big tech annualjamboree. big tech annual jamboree. google s big tech annualjamboree. google s opportunity to furnish its artificial intelligence credentials and show off its latest products. since chatgpt was launched by open ai last year it has been widely regarded that google will court on the hop. they did not realise it would be that successful and since then they have been playing catch up. this was an opportunity for google to show off its artificial intelligence and, frankly, there were no big announcements here today. we did get were a series of intermittent announcements regarding ai, for example, its flagship chat lot, card will be rolled out across 118 countries and territories and they also announced a partnership with ado
valley, after microsoft incorporated chatgpt into its bing search engine. the company also announced they are unveiling a new folding phone. james clayton has more. this is google s big tech annual jamboree, their opportunity to burnish its artificial intelligence credentials and show off its latest product. since chatgpt was launched by open a i last year, it s been widely regarded that google were caught on the hop, they didn t realise it was going to be that successful and since then they have been playing catch up. this was an opportunity for them to show off its artificial intelligence, but frankly there were no big announcements today. we got a series of iterative announcements regarding a i, for example its flagship chatbot will be rolled out across 118 countries and territories, and they also announced a partnership with adobe to create an image generator that will connect in. plenty of other announcements, for example a new phone that is foldable at the cost of $1800
rates to a 15 year high at 4.5% as it continues its fight against high inflation. and donald trump calls for republicans to let the us default on its debt rather than give way on biden s spending plans. hello. a warm welcome to the programme. this is world business report, i m ben thompson and we are going to start in the uk where the bank of england has raised interest rates for a 12th consecutive month. all of that as it tries to fight high inflation. uk interest rates were raised by 0.25%, while the bank said inflation would fall sharply in april but not as far or as fast as it previously thought. last month inflation slowed to 10.1% but that figure is still way above the bank of england s target. remember that target is 2%. let s speak to victorias, head of investment at interactive investor. lovely to see you. let s talk about what we have heard. first the interest rate itself because the interesting stuff is what the bank told us about what might happen next. a widely