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— lower but to put that into context it was at zero in europe this time last year. and in the world's largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown — chief global economist at capital economics. good morning to you, jennifer. so it's a lovely location, portugal, you got chr...

hearing, has held what the us calls "candid" and "constructive" talks with china's foreign minister in beijing. this at the start of two days of meetings with chinese officials. mr blinken emphasised the need for diplomacy and keeping "open channels of communication" us officials added. the trip to china is the first by a top us diplomat in almost five years and comes months after an earlier visit by the secretary of state was postponed when a suspected chinese spy balloon flew in us airspace. can this trip reboot relations? to discuss this and what's at stake for the world's two big...

election, there does not seem to be a clear winner yet. turkish presented recep tayyip erdogan has said he would respect the vote. the country has been battling soaring inflation and the fellow from the recent earthquakes. —— andy fallout. standing against him is kemal kilicdaroglu, who is backed by a broad opposition alliance. here's what one of the supporters of the opposition had to say. translation: i am so excited. i can't feel my heartbeat. i still believe we will win. we have to get rid of this system already. especially as a woman, i want this change. the situation of the...

in turkey, soaring inflation and the fallout from the recent earthquake are top of voters�* minds as they decide whether the president, recep tayyip erdogan, will remain in power. standing against him is kemal kilicdaroglu, who is backed by a broad opposition alliance. turnout is thought to have been high, but there are conflicting claims about who is leading. here's what one of the supporters of the opposition had to say. translation: i am so excited. i can't feel my heartbeat. i still believe we will win. we have to get rid of this system already. especially as a woman, i want th...

the country has been battling soaring inflation and the fellow from the recent earthquakes. standing against him is kemal kilicdaroglu, who is backed by a broad opposition alliance. here's what one of the supporters of the opposition had to say. translation: i am so excited. i can't feel my heartbeat. i still believe we will win. we have to get rid of this system already. especially as a woman, i want this change. the situation of the country is obvious. i'm extremely excited. we wait with enthusiasm. i hope we win, i hope all would be as we wish. we are a bit anxious, a bit tense. i...