national security adviser jake sullivan. american leadership has to have a different character. about that place progress on climate change, concerns over china s military buildup, and much more. and a tv personality whose views veer to the far right is eyeing running for president. i m not talking about donald trump, rather france s eric zemmour. bernard-henri levy will tell us how this french funded op-ed will help us transform politics. but first my take. believe it or not there s real good news on the climate front this week. approximately 100 countries announced an agreement to cut methane emissions 20% by 2030, closing the glaring gap in climate policy. they also reached a broad agreement to end deforestation in that time frame, with funds to back it up. deforestation produces about 10% of the world s carbon emissions. the private secretary continued to line of $130 trillion with the goal of net zero emissions in their investments by 2050 towards limiting glob
the cpi numbers earlier. while the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. it s at 4.3%. and that s illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. the federal reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see? exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase borrowing costs which, in essence, has similar effects raising interest rates. as far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week but actually more likely in december. dimitri, how have consumers and businesses really responded to the rising c
but as the ecb says today, it s still expected to remain too high for too long. joining me now is katharine neiss, chief european economist at pgim fixed income. this decision was described as a coin toss, they could have gone either way, and there are fears of recession in the eurozone s powerhouse germany, but the ecb clearly thinks that controlling inflation is more important. yes. inflation is more important. yes, the ecb told inflation is more important. yes, the scs told us inflation is more important. yes, the ecb told us today inflation is more important. yes the ecb told us today through their actions they are still concerned with inflation being to hide. i think in particular they are concerned at that underlying inflation could become embedded in the euro area economy making it harder for policymakers to get inflation back to their 2% target. widely perceived this could be the lasting increase, we heard from the bank s president that there was, the decision w
on sunday, still hanging onto some of the warmth in the south. some sunshine in the north. that is it from the bbc news app six. the news continues here on bbc one. hello, and welcome to sportsday. i m olly foster. sancho has been frozen out at manchester united. is there any way back? peace and parity for scotland s women as they settle their equality dispute with the sfa. and nat sciver brunt breaks a one day record as england look to seal the series against sri lanka. also coming up on sportsday we ll have the latest from the rugby world cup in france. ireland have named their team for the weekend. the international break might be over, but jadon sancho s spat with his club manchester united certainly isn t. at the beginning of the month, manager erik ten hag very bluntly explained that he had dropped sancho for the game against arsenal because he hadn t been up to scratch in training. sancho said that wasn t true and he was being made a scapegoat . today, ten hag says
that s the highest since the launch of the euro more than 20 years ago. and it s worth putting into context that as recently as last year, eurozone interest rates were negative. the reason is that inflation is proving harder than expected to control. for the 20 countries using the euro, inflation was 5.3% in august that s half the 10.6% that it was a year ago. but as the ecb says today, it is still expected to remain too high for too long. earlier we got the view from the economist katharine neiss, she explained the background to this latest move. the ecb told us today through their actions they are still concerned with inflation being too high. i think in particular they are concerned that underlying inflation could become embedded in the euro area economy, making it harder for policymakers to get inflation back to their 2% target. widely perceived this could be the lasting increase, we heard from the bank s president that there was, the decision was not unanimous, there w