Page 2 - Basis Point Increase News Today

and avoid reputational damage. we start with the day ahead here in the uk with a new prime minister—in—waiting. and as youve been hearing from day one, liz truss has a monumental task ahead, both economically and politically. rising inflation and the high cost of energy is at the forefront of voters�* minds with households and businesses desperate for help. no surprise then that the energy crisis is top of the new prime ministers agenda. a freeze on energy bills is understood to ...

we start here in the uk — where a final battle to become the next prime minister is taking place as the country faces the worst cost of living crisis in a generation. as youve been hearing, formerfinance minister, rishi sunak, and the foreign secretary, liz truss are the last remaining candidates. they will now face a vote by conservative party members around the uk — with a result expected in september. whoever wins could mean a very different approach to the economy. truss says "...

so lets now get down to business and we begin with the bank of england and the warning that interest rates could go up by as much as half a percentage point at its next rates meeting. thats according to the banks governor, andrew bailey. he was speaking to financial leaders in london last night and pledged to do whatever it takes to get inflation under control. we will have to act forcefully. in simple terms it means a 50 basis point increase will be among the choices on the table when...

shocking somber news out of japan, a political assassination, japan former prime minister, shinzo abe , down in public, the moment the fatal shot was fired, caught on video. a warning, what you are about to see is chilling. the gunman struck the former prime minister in the back, one bullet penetrated his heart, according to dr. pitt 20 worked to try to save him. but they could not. the former prime minister was pronounced dead number 5:0 3 pm local time. already, a massive investigati...

blown recession is near you. we might find out as early as thursday. but were going to show you more importantly how the white house is trying to play game of smoke and mirrors and they want to change the very definition of the word recession, sort of like the new recession. inflation is transitory ly anyway. also tonight, take a look at your screen. this is pretty unbelievable right? a bishop robbed at gunpoint right there at the pulpit in the middle of a church service. we have the e...

a curb and ran into a number of people in midtown manhattan. athena jones is here with us. what can eye tell us? >> victor, this is just breaking, 12:59 p.m., a taxi jumped a curb and struck three people. three of them critically injured. they were sent to a local hospital according to the nypd. it appears this is just an accident. this is being investigated by the detectives on the scene and the taxicab driver remained on the scene. four people struck, three people critically injured ...

>> the conversation was pretty heated. >> i remember hearing the word wimp, he called him a wimp. i dont remember if he said you are a wimp. >> it was a different tone that i had heard him take with the vice president before. >> these pictures of pence never seen before, the vice president being hidden by the secret service in an underground garage under the capitol, reading the presidents tweet that said that pence lacked courage to overturn the election. that tweet helped inflame the...

and if you are not, im going to be very disappointed in you. >> joseph r. biden jr. has received 306 votes. donald trump has received 232 votes. >> the riot ters came close to capturing the vice president and i think that there is very good evidence that they would have done harm to him perhaps even killed him. >> live from london, this is "cnn newsroom" with isa soares. >> welcome to the show. it is thursday, june 16th. 9:00 a.m. here in london. 4:00 a.m. in washington where in the co...

remember what trump told the crowd at the elipse hours before the attack. >> mike pence, i will tell you right now, im not hearing good stories. >> i hope that our great vice president, our great vice president comes through for us. he is a great guy. of course if he doesnt come through, i wont like him quite as much. [ chanting ] >> trumps public push contributed to the riot which included threats against pences life. and two pence aides will appear live this morning. counsel to the v...

keilar. and a flurry of new developments overnight surrounding the january 6th insurrection, just hours before the next hours gets under way. "the new york times" reports previously undisclosed emails from trump lawyer john eastman claiming he was aware of a, quote, heated fight among supreme court justices over whether to take up a case on the 2020 election. but even more than that, the "times" reports a response from another pro-trump lawyer, quote, odds of action by the supreme cour...