We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business correspondent. Investors are betting on a cat but the Big Question is how deep that cut will be. Indeed. Thats the deep that cut will be. Indeed. Thats the interestin
SImultaneously exploded across lebanon In what appeared to be a sophIstIcated remote attack. Hezbollah, whIch has Been desIgnated a TerrorIst OrganIsatIon by the uk, Israel and other western countrIes, has called It the bIggest securIty breach. At least nIne people dIed and nearly 3000 were Injured. Blasts were reported In supermarkets, homes and on the streets of the country, whIch shares borders wIth Israel and syrIa. Lebanons Health MInIstry says 200 people are In a crItIcal condItIon and that hospItals are beIng Inundated wIth the wounded. 0ur Correspondent Graham satchell reports. It was an audacIous, unprecedented attack. All across lebanon, thousands of pagers explodIng at the same tIme. Many were on the street. Some, lIke here, In peoples homes. Some In supermarkets. Emergency servIces struggled to cope wIth the scale of the attack. Thousands of hezbollah members sufferIng InjurIes In the same Instant. Israel hasnt commented, but few have any doubts about Its role. So how was I
Thereve been fresh explosions in the lebanese capital, beirut, and elsewhere in the country. The Health Ministry says nine people have been killed and more than Three Hundred injured. The lebanese News Agency says that todays explosions involved Walkie Talkies made by The Japanese company icom. As for Yesterdays Wave of blasts, iran has blamed israel for them. And hezbollah, has vowed to retaliate, and the Un Secretary General has warned of a serious risk of a dramatic escalation in the region. While the region waits for hezbollah and Irans Response to this extraordinary development what are the recent events that led to this . The day after hamas gunmen crossed Into israel from gaza on October 8th last Year Hezbollah fired at israeli positions to show solidarity with the palestinians. 8,000 rockets according to israeli officials, have since been launched at northern israel and israeli positions on the golan heights. Israel retaliated with repeated strikes at hezbollah positions in leb
Here in lebanon, theres shock at the scale of these attacks and fear about what could be next. Tonight, thousands of israeli troops have been moved from gaza to the north of israel. The White House is warning all sides against any escalation. Also on the programme. Trouble inside the Labour Party as we reveal that Sue Gray the prime Ministers Chief of staff earns more than sir Keir Starmer. A major Drone Strike in russia Ukraines President hails what he calls a very important result on russian territory. Commentator again in with pace. The header, and the goal celtic open the scoring in their Champions League Tie tonight, but was it enough to secure victory . Well bring you the result. On bbc london. On newsnight at 10 30 tonight well bring you fresh insight into the stories of the day, with big interviews and our regular panel of newsnighters. And, of course, look at what the papers are saying about tomorrows news. Good evening. Israels Defence Minister says the country is opening a n
Lets take a quick look at a few of the stories on the Front Pages. Starting with the Daily Telegraph, the headline on the Front Page, of course, we have been talking about it, new phase of Mideast War after Walkie Talkie blitz. If we move on to the guardian, unsurprisingly, the top Story Tonight on newsnight again is on the Front Page, fears of escalation as Second Wave of deadly explosions hits 11 on. And the Daily Express has the same headline, or a very similar one, Walkie Talkie blasts in Second Wave of attacks, against hezbollah up to his following page explosions. And the daily mirror, after pager attack, Walkie Talkie bomb blitz, everyone seems to go with those headlines and as i say, unsurprising. The Daily Mail has come labour has undermined israel, says netanyahu. And I Think finally, there is the daily star, the king of the carriages. They have a different Front Page Keir Starmer, we havejust been have a different Front Page Keir Starmer, we have just been talking about it.