higher. i spoke to tribeca investment partners, who told me what was driving the rally. 2024 - me what was driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech - we re hearing heading the right way. big tech - we re hearing some heading the right way. big tech - we re hearing some good - we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs a
we begin with developing news from south korea. it s reported that at least 59 people have been killed in a stampede and crush in the capital, seoul. it happened as huge crowds gathered for halloween festivities in a busy bar district. up to 100,000 people are said to have been celebrating in a popular night spot. many of those out during the evening were young party goers. more than 150 people are injured and it s feared the number of dead could rise. videos show medical teams giving cpr treatment to rows of people lying in the middle of crowded streets. earlier on the programme, my colleague david eades spoke to an eyewitness freelance journalist raphael rashid. let s hear what he said. it isa it is a night out for a lot of people, including myself. iwas in the area. when i arrived to ward 7pm it was very clear that there were so many people here, probably the most i have ever seen in this district, and the crowds were just gathering more and more and towards ten p m or 1
slows in the uk for a second month in a row, but remains close to a ao year high. there is still a long way to go in the battle against inflation for families up and down the country who are seeing food price inflation of nearly 17% and that is causing a massive hike in the cost of the weekly shop. philippinejournalist and nobel peace prize winner maria ressa is cleared of tax evasion charges. in tennis defending men s champion rafa nadal is out of the australian open at the second round stage after defeat by american mackenzie mcdonald. hello and welcome if you re watching in the uk or around the world. officials in ukraine have told the bbc that the country s interior minister denys monastyrsky and his deputy are among at least 18 people who ve been killed in a helicopter crash in a suburb of kyiv. there were nine people including mr monastyrsky aboard the helicopter. some of those killed were on the ground. the regional governor said the aircraft came down near a kin
subtly international divert its path and save every life on earth. there s been international condemnation of the self styled referendums being held in parts of ukraine onjoining russia. the g7 the group of seven wealthiest nations have called the votes a sham, as reports emerged of russian forces intimidating people into voting. these are the four areas where voting is being held. they include occupied parts of luhansk and donetsk in the east, and zaporizhzhia and kherson, in the south and cover around 15 percent of ukraine s territory. voting is expected to run until tuesday, and the results seem almost certain to go in moscow s favour. these pictures, filmed in russian occupied donetsk, show representatives taking polling cards to people in their own homes. our correspondent hugo bachega is following developments from kyiv. ukraine has dismissed this so called referendum as a farce and says it has no legitimacy and western countries have dismissed the vote as a propa