Its newsday. Singapore, this is bbc news. Its newsda. ,. , its newsday. Hello and welcome to the programme. We begin in israel, where we begin our programme, as israel continues its mass mobilisation of troops, hundreds of thousands, on the southern border with gaza, the widespread expectation that a Ground Offensive across the frontier maybe coming. But the un is calling for Essential Supplies to be allowed into the territory, where the humanitarian situation is deteriorating rapidly, as israel enforces a complete siege. This follows the unprecedented attack, five days ago, in israel, by militants from hamas, a group committed to the destruction of israel, and designated a Terror Organisation by many western governments, including the uk. At least 1,200 people in israel are now thought to have been killed in the multiple assaults last saturday. At least a thousand palestinians have been killed in retaliatory israeli air strikes. Well be inside besieged gaza, with our correspondent, ru
To supplies due to conflict calmed down a day after saudi arabia pledged to stabilise the market. The neck he is up to. 6 this morning. 1. 2 mac 6 the central bank said it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the Us Central Bank will hike rates before the year is out, theyve seen it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. Meanwhile, the interest paid on Us Government bonds is also moving toward its highest levels in more than 15 years. That could end up having the same effect as a Fed Rate Hike without the fed having to act. During that september meet
Supplies due to conflict calmed down ade after a day after saudi arabia pledged to stabilise the market. The markets in australia, are following wall street s lead. The central bank said it might hold steady on another Interest Rate hike as well. Rate hike as well. Federal reserve rate hike as well. Federal reserve officials rate hike as well. Federal reserve officials are rate hike as well. Federal reserve officials are embracing the higherfor longer reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the us Central Rate Hike will happen before the year is out, they seem it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow through loans or lines of credit, all of which slows growth. Meanwhile, the inter
A day after top opec producer saudi arabia pledged to help stabilise the market. Overnight, the wall street major indices closed higher, the Us Central Bank has hinted it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higherfor Federal Reserve officials are embracing the higher for longer strategy, according to the newly released minutes from their september meeting. It shows that while officials are divided on the question of whether the Us Central Bank will hike Interest Rates again before the year is out, they all seem to think rates will remain high for some time. What the fed decides to taste the cost of borrowing in the us and has spill over for markets anywhere. Higher rates make it more expensive for americans to take out a house loan or a car loan and makes it more expensive for businesses to borrow money, which all slows growth. Meanwhile, the interest paid on Us Government bonds is moving towards its highest levels in mor