We start in the us where Wall Street shares have closed at new Record Highs on hopes that soaring inflation has finally peaked. Americas Consumer Price Index rose 0. 5 injuly almost half the rate it rose injune. Thats the biggest drop in monthly inflation in 15 months. Whys that so important . Well, it means the Federal Reserve may not be under such pressure to start removing stimulus measures. In other words, cheap money could be around for a good while longer. Rapid increase in prices, i do think has peaked, and now with the Delta Variant slowing the economy to some degree, i think that acts almost as like a Rate Hike in some ways. But when you go out here in the west coast, it is busy, it is packed last weekend. So the economy is stilljust bursting at the seams, so very, very positive on economic growth. But i do think things like used vehicle prices and Energy Prices that have really driven inflation have probably peaked especially Energy Prices. So we never thought inflation was g
Crows b of 5. 45 mIllIon people. The economy grows by nearly of 5. 45 mIllIon people. The economy grows by nearly 596. New zealand says It wIll keep Its border closed untIl at least The End of the year to keep covId out more wIldfIres In Italy, as SIcIly Records what could be europes hottest ever temperature. Hello, and welcome If youre watchIng In the uk or around the world. The InternatIonal Red Cross has warned of a catastrophe for cIvIlIans In afghanIstan as the talIban contInues to advance across the country. The Insurgents have taken control of ten of the countrys 34 provIncIal capItals. Lets Take A Look at the latest developments. Intense street by Street FIghtIng Is takIng place In the cIty of kandahar, where the talIban have also taken control of the jaIl and released hundreds of prIsoners. The talIban say they have taken control of the strategIcally Important cIty of ghaznI, whIch Is on the road to the capItal, kabul. PresIdent Ashraf GhanI earlIer flew to the northern cIty o
To be A crItIcAl worker . Are you not exempt And thInk thAt you should be . Let me know thIs mornIng. Tweet me vIcderbyshIre or by emAIlIng me on vIctorIA bbc. Co. Uk. A new Study Suggests thAt dAIly lAterAl Flow TestIng for pupIls could be equAlly As effectIve As ClosIng ClAss bubbles to control trAnsmIssIon In schools. CAlls to creAte A RIng Of Steel Around AustrAlIAs bIggest cIty, sydney, As cAses of the vIrus remAIn hIgh despIte four weeks In lockdown. CAmpAIgners cAll for new rules on E Scooters After A teenAger wAs kIlled on one And A toddler wAs serIously Injured. Hello And welcome If youre wAtchIng In the uk or Around the world. The 2020 tokyo olympIc gAmes wIll offIcIAlly stArt todAy A yeAr lAter thAn expected. 11,000 Athletes from over 200 countrIes wIll compete over the next few weeks, but spectAtors hAve been bAnned from Almost All events, As jApAn deAls wIth Its hIghest surge In CoronAvIrus InfectIons for sIx months. Lets go now to Lucy HockIngs In Tokyo. HI, lucy. HI, vI