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In lebanon, israeL Attacked more than 120 targets on sunday. At least 50 people are reported to have been killed in a series of attacks in the east of the country, including in the Bekaa Valley. With the latest, heres chi chi izundu. Panic in the centre of beirut. This shows the apparent aftermath of an Air Strike on a Building Close to a major Transportation Hub in the lebanese capital. Transportation hub in the lebanese capital. Israel has been targeting lebanese capital. Israel has been targeting hezbollah i lebanese capital. Israel has i been targeting hezbollah sites on the outskirts of beirut but this is thought to be the first time an attack has been carried out within the City Limits in the past year. The lebanese Prime Minister says the continuing Air Strikes may have forced as many as i continuing Air Strikes may have forced as many asi million people from their homes. This weekend has seen a major escalati ....
As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential no ....
here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will r ....
a major new service unveiled to take on the likes of netflix, disney and amazon. but will viewers stump up the cash for another subscription? let us now focus on the top money stories. we start with the cost of borrowing, because the number two at the international monetary fund has told the bbc we shouldn t bank on lower interest rates any time soon. the imf and world bank are hosting global financial leaders at their spring meeting in washington, dc. the imf s deputy managing director has been speaking to our correspondent, samira hussain. gita gopinath told samira that central banks must stay the course in fighting inflation despite the shock waves sent through the banking system by rapidly rising interest rates. it is very difficult to be fully prepared for all the consequences of the times we are in, when you come out of a pandemic and there is a war and you have this very large increase in any energy prices, many things can happen. interest rates have gone up sharply, ....
User charge. It will now apply to Animal Products and plants entering through the Port Of Dover and the eurotunnel, with individual products facing charges of up to £29. But mixed consigments of things like salami sausage, cheese and yoghurt subject to fees of up to a £145. The government says the money will pay for Border Inspections and new world class facilities to protect biosecurity. Goods from ireland will be exempt for now. Heres our chief economics correspondent, dharshini david. It is one am but this Flower Wholesaler is in full bloom, sorting time sensitive deliveries destined for florists and hotels. With additional checks and imports are to be minimal, the main concern is delays but fees. We not concern is delays but fees. We got present concern ....