Live Breaking News & Updates on Stock Market Debut|Page 2
Stay updated with breaking news from Stock market debut. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
gangsta s goodbye the us rap star coolio dies at the age of 59. and proof that dogs really are man s best friend they can even tell when we re under stress. hello and welcome. one of the most powerful storms in us history has hit florida s southwest coast, with winds of up to 150mph and torrential rain. some towns have been almost entirely submerged under floodwater that hurricane ian, a category 4 storm has brought. our correspondent azadeh moshiri has this report. a life threatening hurricane is now barrelling towards america s sunshine state. and put millions under evacuation orders across the west coast. ian is unpredictable. it s already caused widespread damage in cuba, wiping out power to the country s entire grid, with some residents killed. but now its hurricane force winds are leaving the gulf of mexico and taking aim at florida s coast. this satellite image shows the eye of the hurricane packed with lightning. clearly, this is a very powerful, major hurri ....
stock market debut. but is it the right time? as you ve been hearing, the uk government says it s sticking to plans for £45 billion of tax cuts despite turmoil on financial markets since the chancellor s mini budget statement on friday. it s seen investors dumping the pound and uk government borrowing costs soaring on growing alarm about the country s finances. on wednesday the bank of england was forced into an emergency intervention to head off a pension fund crisis. it will spend billions buying up uk government bonds to prop up their value and keep borrowing costs down. but as our economics editor faisal islam explains, it s only a short term solution. what started as an attempt to grow the economy with the biggest tax cuts in half a century led to havoc on currency markets more importantly on debt markets and then, within days, led to a tidal wave of interest rate rises, reaching every corner of the economy. in an emergency statement, the bank of england said. ....
Thats the highest since the launch of the euro more than 20 years ago. And its worth putting into context that as recently as last year, eurozone Interest Rates were negative. The reason is that inflation is proving harder than expected to control. For the 20 countries using the euro, inflation was 5. 3 in august thats half the 10. 6 that it was a year ago. But as the ecb says today, it is still expected to remain too high for too long. Earlier we got the view from The Economist katharine neiss, she explained the background to this latest move. The ecb told us today through their actions they are still concerned with inflation being too high. I think in particular they are concerned that underlying inflation could become embedded in the euro area economy, making it harder for policymakers to get inflation back to their 2 target. Widely perceived this could be the lasting incre ....
threaten the world s security and prosperity, in an exclusive interview with the bbc. we start in the us where, as you ve been hearing, president biden has been giving his first televised address since taking office. before that though, he signed a record breaking $1.9 trillion economic rescue package for the us into law, after it passed its final vote in congress on wednesday. the first direct payments of $1,400, which will benefit most americans, are expected to start arriving over the weekend. there s also bailout money for state and local governments and an increase in child and unemployment benefit, as welll as more funding for vaccination. the plan was unanimously opposed by house republicans, critics say it goes way beyond what s needed to tackle the pandemic fallout, and risks stoking inflation. so what are the long term implications? ed stringham is economics professor at trinity college in hartford, connecticut, and president of american institute for economic ....