730 7. 3 . Of i want to bring you this. What do we have at the start of the year . We are just 52 basis points now. That is probably factoring armageddon. What could possibly be going on in the eurozone to have yields that far out that flow . That is a thought. To new york and join su keenan. With germany,t this is a could muster 55 million in stimulus funding. The governmenth says it spent last time a crisis hit more than a decade ago. And it says it has the reserves to do the same again if necessary. The Prime Minister says action is not needed yet. The biggest problem is uncertainty costs in ongoing u. S. China trade wars. Senior white house advisers fanned out across the sunday talk show circuit to push back at fears of recession here in the u. S. They said the economy remains robust and consumers are still spending. Top economic aid larry kudlow and trade advisor Peter Navarro said there are no additional plans for not staying the course. I sure do not see a recession. We had some
the world health organization has described the al shifa hospital in gaza as a death zone after a visit by a un team. international doctors spent an hour at the site, and reported evidence of shelling and gunfire. they say there is a mass grave at the entrance. the palestinian red crescent has evacuated 31 premature babies by ambulance from the hospital, in coordination with un agencies. the head of the world health organization posted this picture of one of the babies on x he said they were very sick . the israeli military remain inside the complex. last week, benjamin netanyahu said they had found a hamas command and control centre underneath the hospital. hamas, which is designated a terrorist organisation by many western governments, deny they have a base at al shifa. on saturday, hundreds of people including some patients left the hospital on foot. but 20 health workers and about 300 critically ill patients remain at al shifa. meanwhile, the prime minister of qa
says shows its forces going into a tunnel shaft, and along what is says is a 55 metre and along what it says is a 55 metre long tunnel built by hamas, under al shifa hospital. hamas has denied having a command centre there. 31 premature babies who were trapped inside al shifa hospital inside al shifa hospital by the fighting have been moved to a hospital in southern gaza. doctors there say eight other premature babies did not survive. meanwhile, the prime minister of qatar has said only minor obstacles remain in the way of reaching a deal on releasing some of the hostages taken by hamas in its attack on israel on october 7th. and, the fighting continues hamas says more than a0 members of one family have been killed in an israeli air strike israel has not commented. we ll have more on all of those developments in the coming hour. but we begin with the news conference held by the israel defence forces where their spokesman, daniel hagari, outlined details of what he sai
chancellor, what are you going to do about the turmoil in the markets this morning, sir? a tax cutting mini budget caused chaos. i won t make any comment now. the government s budget watchdog worried about inflation. it warned of a big drop in living standards over the next two years, the sharpest since records began. last month the chancellor said it wasn t time for tax cuts. we must grow the economy, be more efficient in how we spend money, then we can start to bring down taxes. now, though, jeremy hunt thinks things are changing. price rises are slowing. the bank of england s interest rate hikes have seen to that, and we are year, perhaps less, from an election so his priorities are shifting, he is now considering tax reductions. i will only do so in a responsible way. i m not going to sacrifice the progress we ve made bringing down inflation. if you re saying today, i m not going to do anything that will fuel inflation, our viewers can hear you pretty clearly hinting th