Was how to tame inflation which at its peak at 9 which cause pain. The benchmark Rate Hit a 20 year high. Thats were to today and with the americas annual Inflation Rate tipping below 3 and signs the Jobs Market is signed starting to begin, Jerome Powell is starting to lay out a Road Map for the future of american Interest Rates he will Antenna Point cut Interest Rates september with more to follow but he blocked that choose his words carefully after a Roller Coaster Ride on Wall Street calls for an Emergency Rate could have subsided. However, financial markets remain on edge. Rivals for the White House Kamala Harris and Donald Trump will be keen to hear what he has to say given the mood for americans headed for the polls in november are likely to be shaped in part by what the fed does next. At the Democratic National Convention, the excitement is building ahead of an address by the Partys President ial nominee Kamala Harris. Carl tannenbaum from Northern Trust took a closer look at th
Brighter weather. Temperatures slowly starting to pick up. Thats how its back to a blustery day with a mixture of sunny skies followed by those downpours. Temperatures maybe lifting a little bit on recent days with tuesday a Ridge Of High Pressure building, Notice Future showers on the map. Hello this is Bbc News. The headlines. After more than two weeks of thrilling Sporting Action, the tokyo olympic Games End with a spectacular Closing Ceremony. More Gold Medals for Team Gb Lauren price wins the Womens Middleweight final, and cyclist Jason Kenny, becomes the countrys most decorated olympian. Another provincial capital in afghanistan falls to the taliban as they continue to make ferocious assaults against key northern cities. Thousands flee their homes in greece as Forest Fires burn out of control. The country faces its most intense heatwave in more than 30 years. New changes to the uks covid travel restrictions come into force. Double vaccinated people travelling from france to the u
Traffic light system. And Liftoff China launches a Spacecraft Carrying the first astronauts to its new Space Station. The mission is seen as a Landmark Step in establishing beijing as a major space power. 1,000 Hazel Dormice are released into Woodland Sites in the uk as part of efforts to save the tiny mammals under threat. New data suggests that the Covid Epidemic in england is growing mainly driven by younger Age Groups who are not yet vaccinated. The analysis from imperial college londons react 1 study, looked at the period from 20th May to 7thjune and found that of the over 108,000 people tested, 135 were positive which is a rise from 0. 1 to 0. 15 . Most of the cases were found among five to 12 year olds to 12 year olds and 18 to 24 year olds. The R Number which is the number of people the average infected person would infect was an estimated 1. 44. The analysis also suggest a strengthening link between cases and Hospital Admissions, which is also reflected in the governments dail
funerals are being held for the 2a soldiers killed in israel s deadliest day since the war began in gaza. there has been intense fighting around khan younis, israel says it has surrounded the southern gaza city. could i hostage deal close, though? reports that israel has proposed a two month pause to negotiate prisoner exchanges with himars. the us and uk carry out joint strikes against houthi targets in yemen for the second time in two weeks. hamas. and oppenheimer leads the oscar nominations with 13 but barbie s margot robbie and director greta gerwig miss out. time for a look at the business news now with lu kwesa burak. it afternoon, lukwesa. could afternoon. good afternoon. we start here in the uk with the government s finances because the amount it had to borrow last month was far less than expected. that has raised hopes the chancellor, jeremy hunt, may have extra room to cut taxes when he announces his spring budget in march. a lot of it is down to lo
following three weeks of war. it comes afterjust 80 trucks carrying aid reached the territory in the last week with people breaking in to aid agency warehouses. they have taken basic goods that were stored there, taking them away to their families. to theirfamilies. it comes as israel s prime minister benjamin netanyahu said his country has entered the second stage of what he says will be a long and difficult war with hamas. let s get more on the aid situation. the humanitarian situation they re in gaza. the humanitarian situation there in gaza. i m joined byjuliette touma, director of communications un palestine refugee agency. thank you forjoining us. we ve been talking about that statement released this morning and seeing those pictures of desperate people breaking into some warehouses. what more can you tell us about that. very sadly, people are getting very frustrated. they are getting hungry as the siege, the three week long siege, continues, as they hunger contin