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more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. >> so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won't see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. >> and i want our viewers to enter understand what this r...

before its release. hello and welcome. china is preparing to begin a series of large—scale military exercises in the air and sea around taiwan. it's a response to a visit to the island by the speaker of the us house of representatives, nancy pelosi. the exercises will include live—fire drills. mrs pelosi vowed the us would never abandon taiwan. taiwan is self governing, and lies about 160 kilometres across the taiwan strait. it sees itself as independent, but china views it as its own. this is solely nancy pelosi is due to hold a joint press conference the next few minute with th...

widespread and heavy for northern ireland, western scotland, a few getting in to the north—west for england and wales but still dry where we need that rain. temperatures 8—111, a comfortable night ahead, and tomorrow, weather—wise it's almost exactly a carbon copy repeat of what we'll have to day. we'll see further showers for scotland and northern ireland, maybe a few for the north west england and wales but the further south you go across the midlands, southern wales, east anglia and the south, it's another dry day with sunshine and temperatures not really changing much eithe...

as europe faces a very challenging winter ahead. that's alongside a projected interest rate hike later in britain — for the sixth time in a row. fears of an extreme drought across europe grow — as the severe heatwave tightens its grip. hello and welcome if you're watching in the uk or around the world. taiwan's defence ministry says china has fired multiple ballistic missiles during a set of military exercises in the air and sea encircling taiwan. beijing launched the drills in response to a visit by nancy pelosi — the most senior us official to go to the self—governed island...

that hide behind phony claims of privilege or hide because they feel that they can get away with it i think will be damned by history. we're ready to face threats of russian aggression because quite frankly, there is no choice. >> in light of the log progress the progress we've together, we support them joining nato. >> pretty big win for president biden saying the enlargement of that i to is exactly the opposite of what president putin wanted to see. we begin with a remarkable string of revelations in washington. the committee investigating the january 6 riots has presented new ...