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as $54 billion from the swiss central bank. is it enough to calm fears of a new financial crisis? plus: rates rethink. will market turmoil force the european bank to scale back a rise in the cost of borrowing later today? and the generation x factor. why the over 50s have the skills so many employers want, but aren t applying for thejobs. let s now get down to business. we start here in the uk, where households and businesses are weighing up whether they will be better or worse off following the chancellor of the exchequer s first budget. jeremy hunt wants to kick start a stagnating economy that s lagging behind its rivals across the developed world. the big focus getting more people into work and tackling the labour shortage that has left more than a million job vacancies unfilled. there will be more free childcare and changes to benefits and pensions. but there will be no tax cuts for individuals or businesses. companies still face a rise in corporation tax from 19% to 25 ....
rebuilding of gaza. the us has worked with mediators to negotiate an end to the war in which more than 36,000 gazans have been killed according to the hamas run health ministry. it began after an attack on israel by hamas and other armed groups on october seven which killed 1200 people. for more details, our middle east correspondent sent this report. he said israel had submitted a comprehensive new proposal for a ceasefire to end its war with hamas. it includes a first phase which would include a six week temporary ceasefire in gaza that would see the release of some hostages being held in gaza, in exchange for palestinians being held in israeli jails. this would pave the way for a second phase, and this is the key point in this proposal. president biden talked about a permanent ceasefire. in other words, the end of the war in gaza. that the americans would guarantee this permanent ceasefire. president biden also said hamas has been degraded to an extent that it doesn ....
gaza. the us has worked with mediators to negotiate an end to the war in which 36,000 gazans have now been killed according to the hamas run health ministry. it began after an attack on israel by hamas and other armed groups on october the 7th which killed 1200 people. for more on the details, our middle east correspondent sent this for report. correspondent sent this for re ort. , . ., report. president biden called it a comprehensive report. president biden called it a comprehensive proposal l report. president biden called l it a comprehensive proposal put forward by israel and presented to hamas. the key points are familiar, because they were included in earlier efforts to reach a deal in gaza. it includes a first phase which would include a six week temporary ceasefire in gaza which would see the release of some of the hostages being held in gaza, in exchange for palestinians held in israeli jails. this would pave the way for a second phase, and this is the key ....
Top nato diplomats meet to bolster support for ukraine. washington gives kyiv permission to strike inside russia using its own weapons. we start with new signs of hope for a ceasefire in gaza. israel and hamas have responded positively to a new israeli peace proposal unveiled on friday by us presidentjoe biden. in a speech, he urged leaders on both sides to accept the deal, saying, it s time for this war to end. the proposal has three parts, beginning with a six part ceasefire, eventually leading to a permanent truce, the withdrawal of israeli troops from gaza, the return of hostages held by hamas, and the rebuilding of ....
This would pave the way for a second phase, and this is the key point in this proposal. president biden talked about a permanent ceasefire. in other words, the end of the war in gaza, that the americans would guarantee this permanent ceasefire. president biden also said hamas has been degraded to an extent that it doesn t have the ability to carry out another attack like october 7th, so obviously trying to address security concerns from the israeli authorities. still, this plan is likely to face opposition from some far right supporters of benjamin netanyahu, who have rejected the idea of a deal with hamas. they say the war must continue and that military pressure is the only way to guarantee the release of the hostages who are still in gaza. for hamas, the president is trying to frame this proposal as something that is impossible to be rejected. he described it as a truly ....