We start in the us where Wall Street shares have closed at new Record Highs on hopes that soaring inflation has finally peaked. Americas Consumer Price Index rose 0. 5 injuly almost half the rate it rose injune. Thats the biggest drop in monthly inflation in 15 months. Whys that so important . Well, it means the Federal Reserve may not be under such pressure to start removing stimulus measures. In other words, cheap money could be around for a good while longer. Rapid increase in prices, i do think has peaked, and now with the Delta Variant slowing the economy to some degree, i think that acts almost as like a Rate Hike in some ways. But when you go out here in the west coast, it is busy, it is packed last weekend. So the economy is stilljust bursting at the seams, so very, very positive on economic growth. But i do think things like used vehicle prices and Energy Prices that have really driven inflation have probably peaked especially Energy Prices. So we never thought inflation was g
We start with the Travel Industry. Its anticipating a much needed shot in the arm later today, in the form of an easing of Uk Travel restrictions for people who are fully vaccinated. Its expected that from july 19th, Uk Citizens whove had both doses will be exempt from quarantine when returning from countries on the amber list. If confirmed it would effectively open up most of europe for travel in time for the School Summer holidays. Paul charles is a former Communications Director of Virgin Atlantic and eurostar, he now runs the Travel Consultancy the pc agency. Welcome to you, thank you for being with us. What are you expecting from Todays Government Announcement . This would be a Government Announcement . This would be a major Government Announcement . Ti 3 would be a major boost for Government Announcement . Ti 1 would be a major boost for the Travel Sector if the government gives the Go Ahead later on today to enabling those who have been fully vaccinated to go after more than 1
Play at the tournament . Hello and welcome. There are some sore heads here in england this morning after the countrys footballers reached their first major tournament final since 1966. They beat denmark 2 1 in the Semi Finals of the european championship, and will play italy in the final on sunday. The victory sparked celebrations late into the night, as Tim Allman now reports. England allman now reports. Fans have waited a long time England Fans have waited a long time for this. 55 years in fact. 55 years since they had last reached the final of a major tournament, so you can understand why they wanted to have a party. In london, they danced in trafalgar square. They danced on top of double decker buses, and it wasntjust double decker buses, and it wasnt just the capital. Double decker buses, and it wasntjust the capital. All across the country they celebrated, as if the tournament had already been one. North, south, eastand west, everyone understanding the significance of three very
In an effort to revive Cuba's struggling tourism industry, the regime will host the Paradise Rainbow Festival from August 19 to 25, 2024, at the Hotel.