leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
of solidarity for hamas. as a result, some of the world s biggest shipping firms have suspended services through the world s most important route for oil and fuel shipments. with more context, here s our business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000
song all day. we begin in egypt where officials insist traffic is flowing normally through the suez canal despite recent attacks further south in the red sea. iranian backed rebels in yemen have repeatedly targeted commercial vessels, leading some of the world s biggest shipping firms to suspend routes in the area. with more context, here s our business reporter david waddell. let us have a look at the situation. there are where the attacks occurred. at the northern end is the suez canal. you can t make your way unless you first pass this checkpoint. two companies. maersk, the container company and hapag lloyd another big shipping container company have both announced that they would not be making that passage. you have to pass the cape of good hope in south africa. that adds nearly 11,000 nautical miles to thejourney. adds nearly 11,000 nautical miles to the journey. there is another separate issue for the ships trying to traverse through the atlantic ocean and the pacific o
sunshine tomorrow across scotland and parts of northern ireland. but then tomorrow night, the clouds will clear, the winds will ease and then into wednesday we ve got one more widespread frost on the way this week and then that is pretty much it at least for some time. so no more widespread frost on the way after wednesday morning. here is wednesday morning itself, but suddenly developed here, that warn of mild air in the form of a weather front and rain. ahead of it though, after that cold night, some lingering fog, it could feel quite raw for time on wednesday but after that, a rapid rise in the temperature certainly around about wednesday, thursday, into friday and temperatures above the average for the time of year. thanks, tomasz. and that s bbc news at ten. newsnight is just getting underway on bbc two, with kirsty wark. on bbc one, it s time tojoin our colleagues for the news where you are. goodnight. enough is enough , says the home secretary, as he announces what he
With me, zeinab badawi. The president of the democratic republic of congo, Joseph Kabila, has been in powerfor 16 years, and should have stood down at elections that were due last november. Still no elections are in sight and opposition leaders are growing increasingly frustrated. My guest today is opposition politician Moise Katumbi. Is effectively in exile in europe, so is effectively in exile in europe, so what can he achieve that this distance . At this distance. And has the opposition been outmanoeuvred by president kabila . Moise katumbi, welcome to hardtalk. Thank you. December the 31st last year, a deal was hammered out under the auspices of a group of powerful Catholic Bishops in the drc. Does that present a way forward . There should be a Transitional Administration, pending elections to be held in 2018, Joseph Kabila wont stand. Yes, we know that deal, which the argument with the congolese government and the opposition, supposed to serve the country. So far the agreement is