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we start with the soaring cost of living, because borrowers around the world already battling rising food and energy costs are now facing more expensive mortgages and loans. on wednesday, the us federal reserve raised interest rates by half a percentage point, the most aggressive increase in more than two decades. it came as central banks in india and brazil unveiled their own rate rises. and in a few hours time the bank of england is widely expected to push up the cost of borrowing for the fourth time since december. more on that in a moment but first this from our north america business correspondent michelle fleury. the price of a big mac is up. consumer prices at their biggest levels forfour decades. president vibe touting his efforts to boost growth and reduce the deficit. reduce the deficit. bringing down the reduce the deficit. bringing down the deficit reduce the deficit. bringing down the deficit is - reduce the deficit. bringing down the deficit is one - r ....
hamas laid out a process to release hostages in phases in exchange for palestinian prisoners and a period of time to allow a dram why the increase in aid to gaza. but they said that it had to have a permanent ceasefire. a senior hamas official says a delegation will head to cairo for peace talks with egypt and qatar. mr netanyahu s remarks are a blow to a sustained push by the us to reach an agreement something the country s top diplomat, antony blinken, says there is still room for as negotiations continue. while there are some clear non starters in hamas response, we do think that it creates space for agreement to be reached. and we will work at that relentlessly until we get there. while the war continues in gaza, there are potentialflash points for a wider conflict, including on israel s border with lebanon from where our international editor, jeremy bowan, send this report. israel s border with lebanon feels isolated and empty. in metula, israel s most northerly ....
capital, belgrade. police have confirmed that the gunman, a pupil at the school, has been arrested. six more young students and the history professor are seriously injured. police say an investigation into the motives behind the shooting is being carried out. mass shootings are rare in serbia, which has very strict gun laws. we ll get more on this story when we have it. the warring military leaders in sudan have agreed a seven day truce to start on thursday. the deal was announced by south sudan which says the two sides also agreed to name representatives for peace talks. previous ceasefires have been repeatedly violated. this was the sudanese capital, khartoum, before the announcement was made. you can see smoke from the fighting across the skyline. on tuesday the african union held an emergency meeting on the conflict, bringing together african, arab, un and other representatives. meanwhile preparations are underway for the final evacuation flight of british citizens to lea ....
with the rising cost of living. it will help with millions ofjourneys through the toughest months, the winter when we know things are going to be tough, and i think it will help attract people to the bus, particularly at a time when costs are so high. ready for lift off.again. nasa prepares to make a second attempt later to launch its most powerful rocket to the moon five days after technical problems scuppered the first. these are live pictures from cape canaveral ahead of take off, which is hoped to be in the next four to six hours. good afternoon. the funeral is taking place of mikhail gorbachev, the last president of the soviet union, who helped bring the cold war to a peaceful end. he died on tuesday at the age of 91. russian president vladimir putin is not attending due to what he described as constraints on his schedule. our russia editor steve rosenberg reports. it was the final farewell to the man who changed the world. in the columned hall of moscow s house ....
in the next three to five hours. mourners have paid their respects to the last soviet leader, mikhail gorbachev, who was buried in moscow, this afternoon. a £2 cap on bus fares across england for three months from january is announced by ministers in the hope it will help people cope with the rising cost of living. a to me, it is a no brainer. there is no point taking the car and then paying for parking fees and everything. it is costing me £15, normally, for a trip, for a day ride for myself and then a day ride for my children. it is extortionate. this will help with millions ofjourneys through the toughest months of the winter, when we know things are going to be tough. and i think it will help attract people to the bus, particularly at a time when fuel costs are so high. russia s main pipeline transporting gas to europe through germany will now not reopen as planned. russian state energy firm gazprom said it had found an oil leak in a turbine on nord stream 1, mean ....