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World Business Report

is calling on governments across the world to introduce policies to try to tackle that widening global inequality. china's central bank left its interest rate unchanged, defying market expectations. signs of a weaker currency have continued to limit the scope for monetary easing. a slew of recent data continues to reflect the country's uneven economic recovery, with a pick up in exports in december but weak credit growth as the housing market continues to stall. fraudsters are trawling lost pet forums and demanding ransom payments from owners desperate for their safe return. a bbc north west investigation found scammers have targeted scores of dog and cat lovers with threatening calls. they prey on owners by claiming to have found their lost pets before demanding cash. let's see how things are doing in the markets. the tensions in the

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World Business Report

swiss comes through, that will be a concern for the outlook for sure. be a concern for the outlook for sure-— very much indeed. let�*s go to the us now, where the main rate of inflation rose last month, taking economists by surprise. america�*s consumer price index showed prices rising at an annual rate of 3.4 % in december. at an annual rate of 3.4% in december. that�*s up from 3.1% in november. but as erin delmore reports from new york — if we look behind that number, the picture is far more encouraging economos had actually predicted a lower inflation readout than we saw in the newly released december data, proving how sticky elevated prices can be in the economy. but the pressure is easing. the annual increase in core inflation, excluding food and energy prices, came in below 4% for the first time since may 20—1 and the pace of price increases we�*re seeing now is nearly half

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World Business Report

strait of harbours, that is a key route for oil and gas which says sum of 20 million barrels of oil a day —— strait of hormuz. that could see another on the rise again. and we can talk about the cost of goods as well, supply shipping route delays and rewrites means it takes longer not only to get the elements of production, but to get them to the end and that increases demand and that increases prices. especially in the moment where we are starting to see those price increases easing. these all become part of the decision—making when we talk about something like interest rates being able to be cut in the year 202a. the price of inflation and goods coming down is a key part of that decision—making. down is a key part of that decision-making.- down is a key part of that decision-making. down is a key part of that decision-makinu. ., ~ , ., ., .,

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CBSL maintains easing stance amid stable inflation, lingering growth concerns - Breaking News

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Nandalal-weerasinghe , Central-bank , Value-added , Cbsl , Maintains , Easing , Stance , Amid , Stable , Inflation , Lingering

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CBSL maintains easing stance amid stable inflation, lingering growth concerns - Business Main

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Nandalal-weerasinghe , Central-bank , Value-added , Cbsl , Maintains , Easing , Stance , Amid , Stable , Inflation , Lingering

Israel Hamas war: United States Secretary of State Antony Blinken heads to the Middle East as fears of regional conflict surge

As the Biden administration grapples with an increasingly tense and unstable situation in the Middle East, US Secretary of State Antony Blinken is heading to...

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Anderson Cooper 360

indeed going after qasem soleimani's memorial, because they believe soleimani was a figure who was trying to shut down the islamic state for iran. so a number of reasons to believe that. but the iranian leadership has still said well, okay, maybe it was isis. we believe it was isis. but israel was behind it, which of course is nonsense. but it should lead to at least some easing of tensions. and i spoke today with the former head of military intelligence, the idf who very familiar with the battlefield themselves, very familiar with dealing with complex issues in the region. and i asked him about these rising tensions. he said they weren't crossing a threshold at the moment, that he didn't think that there would be a massive response from iran, but -- these were his words. >> israel took their gloves off. you can see it in gaza. you can see it in beirut. you can see it with the journal

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Breakfast

hook of rain across parts of the midlands, central southern england, east anglia and the south—east. that is now easing away. the winds are easing, still a few more showers working into western areas but they won't be persistent and heavy. also some rain in the north—east of scotland. that could be heavy at times but for most it is a much drier day. less windy than it has been, still a rather cool temperature in the east weather cloud lingers. a bit milder where there is more sunshine across the west. thankfully, low pressure clearing away. lingering for a time in the north of scotland but higher pressure building through tonight and into the weekend as well. that'll squeeze away most of those showers. quite a chilly start tomorrow with frost and fog patches likely especially in the west. more cloud for central and eastern england and under that cloud feeling rather cool. thankfully, the drier

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Bank lending to aviation sector surges 65% as airlines borrow more to fund lease contracts, hirings

A senior Air India executive said the price of monthly aircraft leasing contracts has recently risen nearly 1.5-2% compared to 2022, which led to higher borrowing when taking delivery of aircraft for domestic airlines

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