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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 they intend to keep it that way. Our North America Business correspondent ...

Whether to cut Interest Rates from five percent. Hello, im martine croxall. We begin with the latest in the Middle East, following two days of explosions in lebanon. The united states says its involved in intensive diplomatic efforts to prevent the conflict between Israel And Hezbollah escalating further. The comments come after explosions triggered in pagers and Walkie Talkies used by hezbollah killed at least 32 people and injured thousands. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. ...

To get their campaign up and running in style. Making their debut in the competition, a tough lesson for slovan, who lost 51 in glasgow. It's the first time celtic have won their opening champions league game and, as it stands, only bayern munich are ahead of them in the new format table. The competition stops now, we've played bayern munich in the final. But no, it was a great night for everyone. I thought you just sensed it before the game, the feeling in the crowd. But i'm so proud of the team, the intensity with which we played for the ball was so good. And yeah, it was a great night. We k...

And conflict. And we speak to a professor of japanese history about how accurate the hit series shogun is. We start this hour in the middle east, where at least 20 people have been killed and hundreds injured in a new wave of attacks in lebanon this time it's walkie talkies that have been detonated. The latest blasts come just 2a hours after pagers used by the armed group hezbollah exploded simultaneously across the country killing at least 12 people and leaving more than 3,000 in hospital. Iran which backs hezbollah has described the attacks as mass murder. Hezbollah is blaming israel and h...

It was hard to explain to those young men why i was so moved. Was it because they had saved a life? was it because the child had come so close to dying? or was i weeping for those other babies? girls, all of them, who had been thrown away or murdered, in the 30 years i have been following this story. The woman confessing to killing newborn baby girls, dharmi devi, is a midwife. And she was not the only one. I shot this footage nearly 30 years ago. I was a young reporter back then, hungry for stories. I had heard about a case of infanticide in katihar, close to my hometown, so i set off into th...