To help priced out renters find somewhere to live . In sport, theres no stopping liverpool as they hit five in europe against Sparta Prague including a stunner from in form darwin nunez. Including a stunner good morning. A good deal of dry weather on the cards today, some will say sunshine but they will be a cold easterly wind blowing. I will have all the details for today and for the weekend throughout the programme. Its friday the 8th of march. President joe biden has used his state of the Union Address to criticise donald trump his likely opponent in the election and to claim that freedom and democracy are under assault around the world. President biden also announced that the us military will construct a port in gaza to allow the delivery of more humanitarian aid to the territory. Tonight, im directing the us military to lead an Emergency Mission to establish a temporary pier in the mediterranean on the coast of gaza that can receive large shipments carrying food, water, medicine a
lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel right. be