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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 ....
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. The number of people killed has risen to 37, with over 3,000 wounded. The Hezbollah Leader accused israel of being behind the operation, which he said crossed a red line. Oi or humanely with me is ou or. Humanely r security with me is our Security Correspondent frank gardner. Some of what he says is true, some of what he says is true, some is not. They are in real trouble, they are trashed, they in real some is not. They are in real trouble, they are trashed, they are in no position to fight a are in no position to fight a ....
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 mitchell marsh, Travis Head is leading the Way And Hasjust reached his half cen ....
And thats bbc news at six. Now its time to join our colleagues for the news where you are goodbye. Hello and welcome to sportsday. Iam hugh i am hugh farris. The headlines this evening. Thursday night is Champions League night, for one week only, as arsenal are the final British Club to make their bow. Ben Duckett Stars before england are spun out at Trent Bridge in the first one dayer against australia. And this will be the british Teams Opponent for a place in the Americas Cup, a rematch against italy for Sir BenAinslies Boat. We speak to him on sportsday. ....