Live Breaking News & Updates on Eurozone Inflation
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likely see and it could be quite promising, but that north easterly breeze will continue to push in some cloud off the north sea and a few scattered showers come running down to east anglia. cool, 13 or 1a but up to east anglia. cool, 13 or 1a but up to the west 17 or 18 the tip the start of the week and looks a bit more promising, that high pressure continues to build, dry, settled and sunny and there could be more showers, i m afraid, on sunday. thanks, louise. and that s bbc news at ten. there s more analysis of the day s main stories on newsnight with victoria derbyshire, which is just getting under way on bbc two. the news continues here on bbc one, as now it s time to join our colleagues across the nations and regions for the news where you are, but from the ten team it s goodnight. and what does that tell us about the state of the criminaljustice system in england and wales under the party that claims to be the one of law and order? tonight, exclusive figures re ....
in what is being viewed in come circles as a sign that eurozone borrowing costs may soon reach their peak. the move mirrors the us federal reserve s quarter point rate rise on wednesday. central banks on both sides of the atlantic have dramatically raised rates since last year in response to a surge in inflation. professor christian de boissieu is emeritus professor of economics at the sorbonne university in paris. the lending service from the bank suggest that a credit crunch is looming. does that suggest to you that the era of credit cycle tightening has come to an end? i would first say that this credit cycle is not over yet. it is true that it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, t ....
and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david. on one hand these 11 countries account for 13% of the world s income, but for the uk it might only be marginal growth as a result, is this a big deal? this a big deal? really good question- this a big deal? really good question- ct this a big deal? r ....
president, not george w. bush, his father. i m christine romans, this is early start. just hours from now, transportation secretary pete buttigieg heads to the site of that train derailment in east palestine, ohio. buttigieg under pressure as residents and critics worry about the toxic chemicals. alex shaw faced some of that head on in a cnn town hall last night. i m 65 years old, diabetic, hearts disease, everything. did you shorten my life? i want to retire and enjoy it. how are we going to enjoy it? you burned me. we were going to sell our house. our value went jim, thank you for those comments. i hear you. i m terribly sorry that this has happened to this community. what i can do and what i will do is make it right. we ll get the cleanup right. we re going to reimburse the citizens, we ll invest in the long term health of this community. miguel marquez has more from east palestine. reporter: a massive effort under way to clean up creeks and water flowing ....
the broadcaster will pay dominion 787 million dollars. the firm had accused fox of knowingly spreading false claims that machines were used to rig the election against donald trump. michelle fleury was at the courthouse for us. it was billed by some as the defamation trial of the century but at the 11th hour, both parties reached a settlement to avoid trial, which will see rupert murdoch s media empire pay out nearly $800 million. dominion had been seeking double that, arguing that lies broadcast by fox news hosts and guests about the company involving the 2020 us election had damaged its reputation. the voting technology company did not get an apology but dominion had plenty to say outside of the courthouse. 0ne lawyer saying that truth matters and lies have consequences. leaving court, the fox legal team were tight lipped but issued a written statement stating that the settlement reflected its continued commitment to the highest journalistic standards. despite putting this ....