i m going to be discussing it with these three, there they are, matthew plosser from the new york federal reserve, liz lumley from the banker magazine, and frederic malherbe from university college london, who thinks central banks should consider more radical steps to get the banks to pass on better deals for savers. plus, the boss behind the trains of tomorrow. my interview with the global ceo of one of the world s biggest train and tram makers, on the future of transport across the world. wherever you arejoining me from around the world, once again a big hello, and warm welcome to the show. you know, across the world s most powerful countries, the cost of borrowing money has been going up. central banks, they ve been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they ve not been seeing the same immediate reaction. if they want hig
has died at the age of 76. the leaders of the us, britain and australia, meeting in california, have given details of a defence pact that will provide australia with nuclear powered submarines. president biden, uk prime minister rishi sunak and the australian prime minister anthony albanese, have met to confirm the aukus security agreement. the deal is aimed at countering what the three nations see as china s threat in the indo pacific region. our political editor, chris mason, has more from san diego. a pact of old democracies, coming together to counter a new and growing adversary china. australia and the united kingdom are two of america s most stalwart and capable allies. our common values, ourshared vision for a peaceful, prosperous future unite us, all across the atlantic and pacific. this is about projecting power and resolve. the backdrop, a naval base. the images and the words intended to work in unison. the aukus agreement, we confirm here in san diego, represents
welcome to bbc news. i m lisa marie misztak. our top stories: the us, britain and australia reveal details of a security pact to counter china s increasing military strength in the pacific. the us government approves a controversial oil project in alaska. activists respond on social media. bidenjust approved biden just approved the willow project with 90% of what conocophillips originally wanted. millions of young people, millions, asked him not to do this. more than 100 people have been killed as storm freddy returns t0 mozambique and malawi. and dick fosbury the man who made the highjump with the fosbury flop