time for a look at the business news now. we the business news now. have growth on the agendi we start in the us where we ve learned today than the world s largest economy grew by an annualised rate of 3.3% in the last three months of 2023. the growth figure was higher than expected. as always the big question is how this will feed into the us central bank the federal reserves next move on the cost of borrowing. michelle fleury is in new york for us. take us into the detail of the growth figures to begin with. where did this surprisingly high figure come from? $5 did this surprisingly high figure come from? did this surprisingly high figure come from? ~ , i. ., come from? as you said, in the final three months come from? as you said, in the final three months of come from? as you said, in the final three months of last come from? as you said, in the final three months of last year come from? as you said, in the final three months of last year on - come from? as yo
what the outcomes is very significant shift which is interesting because normally between european elections when the left wing party increases in one country and my another, what is particularly interesting with this research is that it shows that there is a cross of europe, every significant shift towards right wing parties to the right of the centre right that is part is in the id groupings and it is important because it means that various different policies that would not of been achievable in previous parliaments are now much more likely to be possible. we parliaments are now much more likely to be possible- to be possible. we overlooked in this country to be possible. we overlooked in this country the to be possible. we overlooked in this country the role to be possible. we overlooked in this country the role of to be possible. we overlooked in this country the role of the - this country the role of the parliament and the power of the blocks of dented and if the
into north west england. again falling on pretty saturated ground. the winds will pick up but it will not be as windy as it is today. on friday, a chilly start but a much more settled deal weather for most. this is bbc news, the headlines: funerals are being held for 2h soldiers killed in israel s deadliest day since the war in gaza began. there s been intense fighting around khan younis israel says it s surrounded the southern gaza city. but could a hostage deal be close? israel proposes a two month pause to negotiate prisoner exchanges with hamas. the us and uk carry outjoint strikes against houthi targets in yemen for the second time in two weeks. and oppenheimer leads the oscar nominations with 13 but barbie s margot robbie and director greta gerwig miss out. we will take you through the oscar nominations in about ten minutes time. sport and for a full round up, from the bbc sport centre, here s chetan. afternoon. afternoon, thank you. we start dennis. cash we st
of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth for th