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BBCNEWS Business Today September 20, 2024

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank 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 the ....

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BBCNEWS BBC News Now September 20, 2024

The country causIng severe floodIng and landslIdes. Lebanon has banned WalkIe TalkIes and pagers from all flIghts out of the countrys only commercIal aIrport In operatIon. The move comes after explosIons were trIggered In pagers and WalkIe TalkIes used by hezbollah. The attacks kIlled at least 37 people and Injured thousands. Israel hasnt confIrmed It was behInd the attacks but Is wIdely assumed to be, and Its Defence MInIster, yoav gallant, has saId Its openIng a new phase In the war. And these are pIctures from the IsraelI mIlItary, whIch says It hIt hezbollah Infrastructure In an overnIght attack across The Border. It says It carrIed out AIr StrIkes on seven targets In southern lebanon. The us says Its Involved In IntensIve dIplomatIc efforts to prevent the conflIct escalatIng further. The leader of hezbollah, whIch some western states have desIgnated a terrorIst organIsatIon, ....

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BBCNEWS Verified Live September 20, 2024

Metropolitan police say they are aware of the allegations. And the Bank Of England governor says Interest Rates are now gradually on the path down, after Borrowing Costs were held at 5 . Hello and welcome. In the last Hour Weve been monitoring a speech from the Hezbollah Leader, Hassan Nazrallah giving his first public response to two days of attacks in lebanon using sabotaged communication devices. He described the attacks as an unprecedented blood to the iranian fact Militant Group but promised to fight against israel. The number of people killed has risen to thirty seven, with nearly Three Thousand wounded. The Hezbollah Leader accused israel of being behind the operation which he said crossed all Red Lines. Translation thousands of a.
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BBCNEWS BBC News September 20, 2024

We will have more on all of those stories coming up. First, lets cross and catch up with the sport headlines. Sarah mulkerrins is there. Matthew, good evening. Lets start at the cricket at trent bridge, where australia are Chasing 316 to beat england in the first of five one day internationals. England won the toss and decided to bat with Ben Duckettjustifying his elevation to opener with 95 off 91 balls. He set up a good platform, didnt get to his century, with groans around the ground when he fell to marnus labuschange. England then failed to really capitalise on that platform they lost the last eight wickets for 102 runs, all out for 315. It is australia at the crease despite losing
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BBCNEWS BBC News at Six September 20, 2024

Footage of the wreck of the Titan Submersible is released by the inquiry into the disaster last year that left five people dead. And Coming Up on Bbc News Arsenal are the final British Club to get their Champions League Campaign under way. They take on Europa League Winners Atalanta with Mikel Arteta asking for more in the competition. Good Evening And Welcome to the Bbc News at six. Israel has launched fresh air strikes on hezbollah targets in Southern Lebanon as the leader in Southern Lebanon as the leader of the armed group a proscribed of the armed group a proscribed Terrorist Organisation Terrorist Organisation was giving his first public reaction was giving his first public reaction to the wave of attacks to the wave of attacks across lebanon in the past two days. Across lebanon in the past two days. At least 37 people have been killed at least 37 people have been killed a declaration of war. And thousands injured by exp ....

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