Man flying above the peaceful beauty of a troubled Middle Eastern country. Hello and welcome. China has launched a Spacecraft Carrying three astronauts in a Landmark Step towards establishing beijing as a major space power. The mission to construct the countrys own Space Station will be chinas longest with a crew, and the first in nearly five years. Gail maclellan reports. And with that the shenzhou 12, the divine vessel, heads off into space and the history books. China is going to space on a regular basis these days, sending a rover to mars, the far side of the moon, and now a manned mission to construct its own Space Station. This craft will dock with the section that was placed in orbit in april, and these arsenals will spend three months in a low orbit around the. Three months in a low orbit around the. ,. ,. , around the. That is going to be around the. That is going to be a lot of setting around the. That is going to be a lot of Setting Up around the. That is going to be a lot o
We start in the us where higher Borrowing Costs are on the way but not just yet. The federal reserve has brought forward its timeline for raising Interest Rates from close to zero, as the economy continues to recover and inflation creeps up. Markets didnt like it more on that in a moment but first heres Michelle Fleury who has been listening to what fed Chairjerome Powell had to say. AS Predicted the federal reserve left its key Interest Rates unchanged near zero. But rates unchanged near zero. But rates could go up as soon as 2023. Less than the latest economic projections from the bank. This was a stark change from the spring when fed officials did rates would stay near zero for that at least the next two years. The Change Of Heart is a good sign that it believes the economy is healing. The Central Bank is forecasting growth of 7 in 2021, a from 6. 5 in march. But with faster growth, down also expects higher inflation, upping its forecast of 3. 4 for the last few months of this year.
This is bbc news with the latest headlines for viewers in the uk and around the world. the end of ultra cheap money, just not quite yet. the fed brings forward plans for higher interest rates but it may not be until 2023. seeing red over traffic lights ryanair and airport bosses go to court over the uk government s travel restrictions. first to be furloughed, slowest to be rehired? a new report warns of the pandemic s impact on older workers. plus sun, sea, sand and skype dubai touts visas to attract remote workers from around the world.