the annual rate at which prices have been going up. inflation peaked at more than 10% last year, forcing the bank to raise interest rates aggressively to try and bring it under control. but it has since fallen sharply. and on wednesday, official figures showed it was down to 3.9% in november, the lowest rate in 2 years, and far lower than expected. that s raised hopes the bank of england will be soon able to start cutting the cost of borrowing, easing pressure on businesses and households. here s our economics editor, faisal islam. arp and now sharply down. over the past year, inflation in britain seemed like a runaway train. but it s now coming into land faster than expected. here and beyond. it has been a hard year or two for her with hundreds closing and some say prices are now stabilising. inflation is definitely killing us. the rise has gone up 15%. and behind you? us. the rise has gone up 1596. and behind you? up-and-down, i remember and behind you? up-and-down, i re
governor intensifying and apparently costing the state thousands of jobs just days af before the republican is ex expecting to announce his campaign. welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with a new u.s. message about the war in ukraine. a significant development as president biden is out there on the world stage right now and in a potentially very pivotal moment in the conflict. phil mattingly is with the president at the summit in japan. kn nic robertson is in eastern ukraine. phil, as the president prepares for this summit, the biden administration is signaling a major shift on ukraine. what can you tell us? yeah, wolf, it would be a significant development. the president is just a few hours away from starting the first day at the g-7 summit here meeting with leaders. leaders that have been integral to the steadfast support of ukraine since russia s invasion oaf the course f the year
good day to you. i m peter alexander in for andrea mitchell. president biden is a few hours away from landing in italy for a g7 summit with some of america s biggest allies. ukraine presses the west for more aid and pressure mounts on israel and hamas to end the war in gaza. the secretary of state delivering the first comments on the response by hamas to the latest cease-fire proposal saying in qatar, it s time for the haggling to stop. hamas proposed numerous changes to the proposal that was on the table. some of the changes are workable. some are not. if one side continues to change its demands, including making demands and insisting on changes for things that it accepted, you have to question whether they are proceeding in good faith or not. i believe the gaps are bridgeable. doesn t mean they will be bridged. president biden departed for the g7 summit with world leaders this morning after quickly rearranging his travel to be by his son s side last night. that vis
protesters in myanmar brings condemnation from the united nations. so why hasn t it taken action? some americans will be waking up in a few hours to some much needed money in their bank accounts. on friday, president joe biden promoting his success in getting the nearly $2 trillion relief bill through congress. but he also recognized there is more to be done to make sure americans get back on their feet again. so there s a lot of work for all of us left to do, but i know we ll do it. to everyone american watching, help is here, and we will not stop working for you. there s money in the relief bill to boost covid-19 vaccinations, which do appear to be improving numbers-wise. the cdc reporting that more than 100 million doses have been administered so far. about 35 million people now fully vaccinated. and as more people get vaccinated, the cdc also releasing new public safety guidance. on friday, officials updating their guidelines for child care programs, advising that
right now, is anyone else viable other than trump to get the republican nomination and so to watch him directly go right at that argument and say i m the only other game in town. if you believe donald trump can win the election, i think that s the right argument for him to be making. and as it relates to the general election, he has facts on his side. donald trump lost the national popular vote twice. got a slower share of the vote than mitt romney did twice. and i think he s going to make a persuasive case that anything that happened between november 2020 and now make donald trump more popular among independent voters. maybe some republicans, but those aren t necessarily the people who decide who wins georgia, arizona, pennsylvania, wisconsin and so on. go ahead, david. look, i think desantis is doing what he has to do, which is to try to turn it into a binary choice for republicans and rally all those republicans some of whom scott jennings