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BBCNEWS Asia July 3, 2024

Stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame inflation. Remember, the fed began lifting Interest Rates from near zero back in march 2022. Central banks here in asia keep a close tab on the fed because us Interest Rates strongly influence Exchange Rates against the dollar. Fred newman covers economies in asia extensively f ....

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BBCNEWS Asia July 3, 2024

Fed Chairjerome Powell explained why central bankers were moving towards Holding Rates Higherfor longer. Economic rates higher for longer. Economic Activity Rates higherfor longer. Economic activity has been stronger than we expected, stronger than we expected, stronger than we expected, stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared avoided a long fea red recession. Avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame ....

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BBCNEWS Verified July 3, 2024

We start in libya where floods are reported to have killed 2,800 people, after a powerful storm swept through the east of the country. As many as 10,000 people are reported as missing. Much of the country has been declared a Disaster Zone and three days of mourning have begun. The un said theyre deeply concerned about the situation. Many roads have been destroyed. A minister in the eastern government which is not internationally recognised said more than a thousand bodies had now been recovered in the worst hit city, derna. The eastern cities of benghazi and al marj are also among the worst hit. Anna a n na foster anna foster is here. The scale of this is simply staggering . Yes. Anna foster is here. The scale of this is simply staggering . Yes, it is one of those this is simply staggering . Yes, it is one of those stories this is simply staggering . Yes, it is one of those stories that this is simply staggering . Yes, it is one of ....

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BBCNEWS Verified July 2, 2024

released, have been handed to qatari mediators, and passed on to israeli negotiators. prisoners being held in israeli jails will be also be released, as part of the delayed deal. a four day pause in fighting in gaza will start on friday morning, at 07:00 local time, after almost seven weeks of fighting. humanitarian aid will start to go into gaza, as soon as that pause in hostilities begins. qatar s foreign ministry spokesman majed al ansari has been speaking about the truce. we have just finished with all the communication with all parties in order to ascertain the lists of those civilians who will be freed as a result of the deal agreed upon by both parties. the lists have been handed to both sides. and finally, in a communication just now, the list has been handed to the israeli intelligence service, the mossad, in order to facilitate the implementation of the deal. according to this, of course, and as the agreement took place, the beginning of the pause will be 7a ....

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BBCNEWS Verified July 2, 2024

the bbc goes inside gaza s largest hospital to see what israel says is evidence hamas has been using al shifa for military purposes. pedro sanchez wins a new term as spain s prime minister after sealing a controversial amnesty deal for some catalan separatists. fears one of the richest ecosystems on earth is in crisis. how dams and climate change are harming the mighty mekong river. and one giant leap for tom hanks. the oscar winning actor helps people experience a journey to the moon. sport and for a full round up, from the bbc sport centre. australia s cricketers have a target of 213 runs against south africa to reach the world cup final, where hosts india are waiting. the five time champions lost the toss and were made to field first but picked up a wicket in the first over as the the proteas slumped to 2a 4. david miller made his first one day century in 5 years but south africa were all out for 212. australia have lost wickets but they are still on top of the r ....

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