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we are watching several stories developing at this hour. it s a moment of sadness for millions of catholics around the world. pope emeritus benedict xvi has died at the age of 95. the former pontiff passing away after what the church calls a period of ill health. benedict was the first pope to resign as the leader of the church this nearly 600 years, stepping down in 2013. also this morning, mourning the loss of a tv legend. good evening, i m hugh downs. i m barbara walters and this is 20/20. trailblazing tv news anchor barbara walters has died, known for her insightful, tough interviews. she became the first female anchor of a network evening news program and paved the way for women in broadcasting. a spokesperson says she passed away surrounded by family at the age of 93. but there are also celebrations this hour. the world welcomes in a new year. several nations already celebrating as the clock strikes midnight ushering the start of 2023. right now live pics ....
so let s now get down to business and we begin with the bank of england and the warning that interest rates could go up by as much as half a percentage point at its next rates meeting. that s according to the bank s governor, andrew bailey. he was speaking to financial leaders in london last night and pledged to do whatever it takes to get inflation under control. we will have to act forcefully. in simple terms it means a 50 basis point increase will be among the choices on the table when we next meet. but it is not locked in. and anyone who predicts that we will do that is doing that based on their own view. we do not pronounce rate decisions for one very simple reason, and pc decisions are based on deliberation at the time on nine people focused on retaining inflation to the 2% target sustainability. well, injust over an hour s time we will get the latest inflation figures for the uk. prices have already been rising at the fastest rate in a0 years at 9.1%. joining me ....
police released footage showing the fatal shooting of a 25-year-old black man jalen walker. and later this hour, an update on wnba star brittney griner reaching out with a personal plea to president biden. we begin this morning with yet another community reeling and searching for answers after a mass shooting. hundreds of people gathered along a street in highland park, illinois, a half hour north of chicago. a gunman perched on a nearby roof opened fire seemingly at random. authorities say when the shooting stopped six people were dead. more than three dozen were injured. highland park mayor spoke with nbc s today show about how the community is coping. my greater focus this morning as the sun is rising is how my community is feeling. the unbelievable sadness and shock. this tragedy never should have arrived in our doorsteps and as a small town, everybody knows somebody who was affected by this directly. investigators say the gunman fled after dropping the weap ....
Understand the implications, so much so that the inquiry was exasperated by the end of it. Also the issue of Remote Access and we are likely to have questioning about what she knew and when she knew it. Yesterday she said she missed a key e mail about this in 2010 and all of this started with an apology that many of the victims i spoke to were not particularly satisfied with. I spoke to one victim who was a Sub Postmistress and was accused of stealing but was eventually wrongly convicted of False Accounting and a listen. Studio i think we will listen to that now. ,. , studio i think we will listen to thatnow. ,. ,. , that now. Because she was already contradicting that now. Because she was already contradicting herself, that now. Because she was already contradicting herself, she that now. Because she was already co ....
Alphas in berlin well come a day before the g 20 summit kicks off in japan there is Significant Movement in the trade conflict between the u. S. And china according to the South China Morning Post and politico the 2 sides have agreed on a socalled tentative truce delaying a fresh round of u. S. Tariffs that would have extended levies on nearly all chinese products coming to the u. S. According to the reports the tone was a condition the chinese side is set before agreeing to a meeting between president xi jinping and donald trump now scheduled for saturday on the sidelines of the g. 20 meeting. Chinese president xi jinping arrived in Osaka In The Rain on thursday morning but the forecast for trade talks with the u. S. Has apparently gotten a little sunnier amid reports of the tentative truce on the tar ....