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In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent ...

the reaction in asia so far has been mixed. Our north america business correspondent ritika gupta has the details. The federal reserve has delivered a supersized interest rate cut aimed at bolstering the us labour market. The 0. 5 percentage cut, the first in over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this year. The labour market is actually in solid condition and our intention with our policy move today i...

evacuating their citizens from the capital khartoum as fighting between two rival armed groups continues. most of those being evacuated are diplomats and their families. these are pictures of french nationals leaving earlier. spain, germany and italy are among other countries still evacuating people. the us and uk have already flown diplomats out, as well as canada. canada's prime minister, justin trudeau, tweeted that "canadian officials in nearby countries have also been mobilized to help". he says they're stationed in nearby djibouti which has european and american military bases....

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 advers...

that's the time between his speech to supporters outside the white house, to the moment he asked the rioters — who he called "very special" — to leave the capitol and go home. the committee has said it may hold additional hearings, but tonight will deliver the main argument that the president could have called off the assault, but chose not to do so. let's head straight to capitol hill, and our correspondent nomia iqbal. give us a sense of who we are going to hear tonight. who are the key witnesses? 50. the key witnesses? so, the committee _ the key witnesses? so, the committee h...