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that s the warning vfrom the head of america s central bank, the federal reserve. jerome powell warned more action might be needed to stabilise prices and keep inflation in check. many had been expecting another quarter percent rise in interst rates when the fed meets later this month, but after those comments, there are predictions that the rise could be even bigger. that s been enough to spook investors. it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. similar story in asia with hong kong s hang seng. and here s our north america business correspondent samira hussain to explain what it all means. last year, the federal reserve raised interest rates at the fastest rate since the 1980s, and it seemed to have helped inflation a little. but that labour market, it remains resilient. the lastjobs report showed a blockbuster increase of more than 500,000 jobs added injanuary. that s why the fed chair, jerome powel ....
heatwaves and a mild autumn and spring. hello, welcome to our look ahead to what the papers will be bringing us tomorrow. with me, rachel cunliffe, senior associate editor at the new statesman, and claire cohen, journalist and author. we will say hello properly to both in just a minute. we will say hello properly to both injusta minute. first, though, let s take a look at those actual front pages. with fresh strikes expected in the new year and reports of new anti strike laws, the financial times leads with a warning from incoming boss of the tuc, paul nowak, who said unions will fight and make the government pay a high political price for such laws. the independent has gone with a striking image of the impact of recent russian bombardment in ukraine. they re also shining a light on striking chaos, with a warning that the uk could see a year of disruption if the government fails to negotiate. in contrast, the times leads with labour s vow to combat anti social behavio ....
mr speaker, i want to apologise. i ve received a fixed penalty notice from the metropolitan police. above all, i want to thank you, the british public, for the immense privilege that you have given me. thank you all very much. thank you. applause welcome to viewers in the uk, you join us in time for the papers review. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are annabel denham, who s director of communications at the institute of economics affairs, the free market think tank. also with me is anand menon, the director of uk in a changing europe, which produces independent social science research. i story only as you can imagine. let s start with the ftu which says that boris johnson let s start with the ftu which says that borisjohnson was defiant to the end as he announced his resignation. the evenings leave is the metro headline, they play on the famous brexit tory slogan of course. according to the mirror boris j ....
if he was going to hold onto the white house. that was the big issue. we are covering it going into election night. it was a huge deal when biden won arizona. arizona. are you 100% sure of that call and when you made it and why did you make it? absolutely. we made it after basically a half hour of debating it. we finally called it right now. nbc news is projecting that when every last vote is counted in the state of arizona, joe biden will be awarded 11 electoral votes. joe biden your projected winner in the state of arizona. trump and his allies were enraged over exactly that call, especially the fox news call to arizona. it was seen as kind of the nail in the coffin as a state that the trump folks would need to win or somehow continue to cast as too close to call, which might offend these plots you re hearing about. fox later fired the staffer who accurately called arizona for biden. it was close. they were separated by 10,000 votes. biden won with 1.6 million ....
According to the financial times you re watching bbc news. let s go back to our top story reports that a pro ukrainian group was behind september s attack on the nord stream pipeline, which kyiv government denies. and let s just bring you a little more information on the nord stream project first. the pipelines stretch 1,200km (7115 miles) under the baltic sea from the russian coast near st petersburg to north eastern germany. they were capable of supplying 170 million cubic metres of gas annualy, helping to satisfy german gas needs. this was seen as an important foreign policy objective for germany, but proved controversial with its allies the baltic states, ukraine ....