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they want to raise rates, keep them on hold or cut them. just explain that shift because it gives a sense of what could happen next.- that shift because it gives a sense of what could happen next. there are nine oli of what could happen next. there are nine policy members of what could happen next. there are nine policy members on of what could happen next. there are nine policy members on the - of what could happen next. there are l nine policy members on the committee and they all get a chance to decide whether they want rates to go up, down or stay the same. in the previous meeting in december, three of the nine wanted rates to go up, six would like to hold. to date you wanted to go up, one wanted to go down and six wanted to hold. this was a surprise to markets. markets basically expected a nod and wink from the bank of england to say that rates are properly going to come down this year. so the fact that one member has said we need to lower rents today provides ....
the situation injenin, as we have been saying, the israeli military continues their operations. they said they require another 2a hours at least for thejenin operations. at least for the jenin operations. that has at least for thejenin operations. that has come from a military briefing. we re also reports from the state department, the spokesperson there has said they closely are tracked in the situation in jenin closely are tracked in the situation injenin in the west bank. the state department spokesperson has also said, it is imperative to take all possible proportions to prevent the loss of civilian lives. so, lines coming out there from the state department, saying that there closely tracking the situation in jenin, that it is imperative to take all possible precautions to prevent the losses is a billion lives, and as we been hearing from both sides, this is a very densely populated area prevent the loss of lives. no doubt, given the state of this operation, they will ....
fossil fuel leading companies economywide not there. first reaction of heavy fossil fuel leading company economy wide response. scrutiny is good, discussion is good, the more people involved in taking action and engaging in climate change is by far the better. the more private sector engagement in this issue is better than what we saw 10, 20, 30 years ago when it was a very governmental driven process. if we go back, at cop27 a loss and damage fund was agreed upon for richer countries to pay the poorer countries which were suffering the impacts of climate change. how do you see that working out, because that has been one of the numerous sticking points? the private sector needs to get far more engaged in discussion around adaptation to finance too. loss and damage just one element that is going to help build more resilient society. insurance needs to be more engaged, project developments, fiancing and constructing. particularly in asia, as it urbanises and develops econ ....
international wonders if they have faced widespread pressure. opposition fighters have also been accused of crimes. meanwhile, sources tell cnn that syrian president bashar al-assad has rejected the latest peace proposal. 28 people are dead following a bus crash in switzerland according to the swiss news agency, 22 children and six adults died when the bus carrying belgian tourists collided with the wall of a tunnel. it happened on the border of italy as the tourists were returning from a ski holiday. those are the headlines from cnn. i m juanita rajpal. world business today starts right now. good morning from cnn london, i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this wednesday, march 14th. finance stocks lead the gains on wall street as bank stress tests give some investors cause to cheer. china s premiere gives the last speech of his ten-year term. we ve got his outlook ....