we start in the us where the most powerful person in globalfinance the chair of the federal reserve has signalled the end of ultra cheap money is around the corner. us interest rates which affect the cost of borrowing around the world have been kept near to zero since the pandemic hit in early 2020. and the fed has held off raising them at this week s meeting. butjerome powell says higher rates, quote: will soon be appropriate as the economy recovers and inflation surges. our north america business correspondent michelle fleury has more. the federal reserve is going to be raising interest rates for the first time in three years. the move could come as early as march as inflation cast a shadow over the world s largest economy. when interest rates are near zero that is typically because an economy needs help and business needs help and thatis and business needs help and that is what the fed did to shelter the us economy from the west effect of the pandemic backin west
learning to read at the age of 51. it may be a little bit grey and damp for some this morning, but there is a good deal of sunshine on the way as we go into the second half of the afternoon. good morning. it s thursday, the 27th of january. prince andrew is demanding a trial byjury in a civil case brought by virginia giuffre, who has accused him of sexual assaulting her when she was 17. the prince denies her claims, and his lawyers have lodged papers with the us court, which set out several reasons why they say the allegations are false. these include a denial that andrew was a close friend of ghislaine maxwell, at whose house some of the alleged abuse took place. our royal correspondent nicholas witchell has more details. across 11 pages, andrew s lawyers have set out his defence, a denial of the central allegation of sexual abuse made by virginia giuffre, and an assertion in respect of others that andrew lacks sufficient information to either admit or deny what s been claim
was very proud of what our armed services debt. prince andrew has denied being a close friend of convicted sex trafficker ghislaine maxwell, in a legal response to the woman suing him for sexual assault he denies all allegations against him. it is holocaust memorial day, marking 77 years since the liberation of auschwitz. seven holocaust survivors have had portraits painted in a commission by prince charles. one of the most prolific scriptwriters in british comedy has died at the age of 86. good afternoon, welcome to bbc news. residents in care homes in england will be allowed to see an unlimited number of their loved ones from monday. the current limit of three named visitors is being scrapped. the government says a successful rollout of booster vaccines means the restriction isn t necessary anymore. it comes as part of a wider easing of the rules for england s care homes. self isolation periods will be cut, and in the event of a positive case care homes will only have to
over the course of his historic 30-year military career, the general successfully flew more than 400 combat missions across three wars flying in world war ii, korea, vietnam. he has received numerous accolades throughout his career including the congressional gold medal in 2007. it s a brand new hour, and i m happy to be with you. i m victor blackwell. alisyn is off. more than 50 million people are under winter weather warnings across the east coast. in the southeast yesterday, this brutal storm brought freezing rain and snow and ice to a region where this kind of thing is rare. more than 215,000 people are still without power. road conditions are dangerous as crews are working to clear the snow before low temperatures set in causing slick and icy conditions. north carolina highway patrol has responded to more than 600 car accidents because of the storm. this storm is also causing major disruptions and headaches for air travelers. cnn s pete muntean is at reagan national ai
tonight. in the last hour we were talking about d.c. so i thought i d just start off with a radar for you. there s your snow. but now the little bit of blue, light blue in that area of white as it moves into the district really from the eastern shore back to manassas down to charlottesville, that is 1 to 2 inches an hour. but also look at the colors of green and blue, the rainfall. and this is what we talked about in the last hour. if these temperatures warm up, major cities along i-95 will start at snow but switch over to rain. the tricky part about forecasting in this part of the country, which is extremely difficult is that i-95 corridor. sometimes it wants to hang onto that cold air and you re locked into the snow. but if it is locked into the snow, that color of pink is ice. if it moves up here, we could see significant icing up and down the entire corridor. we re going to call for it to change over to rain, therefore when you look at the big picture here, even showing f