The single currency crosses the key level for the first time in two years. Philip lane says it matters for monetary policy. Andy Swift Financial regulators and the swiss financial of creditart suisse over spying on former employees. Let us get some breaking news for you. Front, u. K. Housing august house prices rising by 3. 7 year on year. This is according to nationwide. 2 on the increase of month. The month on month figure is 2 . The year on year figure is 3. 7 . Very strong numbers follow other measures of stress. We have a right move for july. Know the reason behind all of this. There was pentup demand because of a lockdown. There was a tax incentive put in place. And perhaps a little bit of incentive to move to quiet, rural locations. All of that lifting housing demand. Solid numbers nationwide this morning. Lets get to the broader picture around markets, have a look at futures. For European Equity markets, fairly flat. If you excuse exclude the ftse. The futures picture giving us
This is the measure of last resort and given the extreme nature of what is being forecasted we think this is the appropriate approach from a Risk Reduction perspective to again ensure the continued safety of our customers and our communities. Were now just 2 hours away from the beginning of a massive power shut off across the bay area. Pg e is set to turn off the power to about 800,000 customers the earliest shut down set to begin at midnight and continue in phases. Thanks for joining us at 10, im can one and im pam moore, the power shut off coms as the bay area remains in extreme fire danger right now. Firefighters are at the scene of a vegetation fire mill valley, the Mill Valley Fire Department tweeted out this photograph uh what is being called the firm fire. This fire is burning at the top of fernwood and in and firefighters say that it has been highly visible from highway one oh one the good news at this hour. Fire crews say full what progress has been stopped no evacuation order
Next, look at the current relations between the United States and china with security and defense experts. U. S. China economic and Security Review Commission hosted this event. Thank you. We will catch up sometime here. We are not too far behind. I would like to introduce our second panel, which will explore major developments in the u. S. China security relations in 2019. We will start with doctor orianas carl mastro who is assistant professor of Security Studies at the admin a Wilson School of Foreign Service at Georgetown University. And a resident scholar at the american enterprises. Shes the author of the cost of conversation, obstacles to peace talks and more time. And currently working on a book about chinas challenge to u. S. Privacy. Next we hear from doctor andrew kirby voinovich senior fellow at the Hudson Institute and adjunct senior fellow at the center for new American Security and president and ceo of solarium llc, defense consulting firm. His previously served as presi
In a phone call, President Biden told the israeli Prime Minister of his deep concerns over a planned assault on rafah in southern gaza. In the last hour, the white house has said that a meeting between the us and israel to discuss rafah will likely take place next week. But Benjamin Netyanyahu has just said theres no way to destroy hamas in rafah other than by a ground incursion. All this as talks continue in qatar in a bid to secure a ceasefire deal. Lets get this report from anna foster, injerusalem. At gazas southern tip, the aftermath of another israeli air strike. 1. 4 million displaced people are now sheltering in rafah, and israel has made it clear it wants to go further. A ground offensive, it says, would remove hamas from gaza entirely. But theres International Pressure to avoid even more deaths. The message from israels allies to its leaders is getting stronger. Our position is that hamas should not be allowed a Safe Haven In Rafah or anywhere else, but a major Ground Operati
Anna foster reports from jerusalem. At gazas southern tip, the aftermath of another israeli air strike. 1. 4 million displaced people are now sheltering in rafah and israel has made it clear it wants to go further. A ground offensive, it ,says would remove hamas from gaza entirely. But theres International Pressure to avoid even more deaths. The message from israels allies to its leaders is getting stronger. Our position is that hamas should not be allowed a Safe Haven In Rafah or anywhere else, but a major Ground Operation there would be a mistake. As rafah s displaced fear what might come next, their presence is just as hard. Medical supplies, water and food are scarce. My daughter said that she wants to eat boiled eggs and i say, how can i bring you boiled eggs . The situation does not allow us to. 0ur situation was below zero before the war. so what do you expect after the war . worse and worse. . In the north of gaza, famine is nowjust weeks away. Few aid convoys are reaching