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BBCNEWS BBC News September 20, 2024

Hello. Im sally bundock. The United States says its involved in intensive diplomatic efforts to prevent a further escalation in the conflict between Israel And Hezbollah in lebanon. The national Security Spokesman John Kirby said the White House didnt believe the crisis could be solved by additional military operations. He was speaking after a second day of explosions across lebanon triggered in Walkie Talkies used by hezbollah. More than 32 People have been killed, thousands have been left injured. Israel hasnt confirmed it was behind the blasts. But the Defence Minister Yoav gallant said it was opening a new phase in its year long war, with the centre of gravity shifting to the North. Our reporter simonjones has ....

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BBCNEWS Business Today September 20, 2024

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 Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in ov ....

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BBCNEWS BBC News September 20, 2024

Whether to cut Interest Rates from five percent. Hello, im martine croxall. We begin with the latest in the Middle East, following two days of explosions in lebanon. The united states says its involved in intensive diplomatic efforts to prevent the conflict between Israel And Hezbollah escalating further. The comments come after explosions triggered in pagers and Walkie Talkies used by hezbollah killed at least 32 people and injured thousands. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister Yoav gallant has said its opening a new phase in the war, with the centre of gravity shifting to ....

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BBCNEWS BBC News September 20, 2024

Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four, as close as you can get to cut Interest Rates last time to the 5 level they are now, a quarter of a Percentage Point change. Why will it be so although there is disagreement really among the committee and economic experts about how sticky, how stubborn Inflation
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BBCNEWS BBC News September 20, 2024

Welcome, im martine croxall. We begin with the latest in the Middle East, following two days of explosions in lebanon. The united states says its involved in intensive diplomatic efforts to prevent the conflict between Israel And Hezbollah escalating further. The comments come after explosions triggered in pagers and Walkie Talkies used by hezbollah killed at least 32 people and injured thousands. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister, Yoav Gallant, has said its opening a new phase in the war, with the centre of gravity shifting to the north. 0ur Reporter simonjones has ....

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