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BBCNEWS Business Today September 20, 2024

A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors are cheering the federal reserve s rate cut. Here in asia, japan s nikkei 225 index added around 1. 5% in early friday trading. Us stock markets have also jumped, with the dowjones industrial average and s&p 500 rising to new alltime highs. The bbc s ritika gupta has more from new york. Us stocks reached a fr ....

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BBCNEWS BBC News September 20, 2024

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. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister Yoav gallant has said its opening a new phase in the war, with the centre of gravity shifting to ....

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BBCNEWS BBC News September 20, 2024

Welcome, 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. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister, Yoav Gallant, has said its opening a new phase in the war, with the centre of gravity shifting to the north. 0ur Reporter simonjones has ....

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BBCNEWS BBC News September 20, 2024

In four years. Hello. In the last hour, 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 32 people and injured thousands. Israel hasnt confirmed it was behind the blasts, but its Defence Minister Yoav gallant has said its opening a new phase in the war. 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, is expected to address the events in a speech later today. Simonjones reports. A funeral in Southern Lebanon is about to be in ....

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BBCNEWS Business Today - NYSE Opening Bell September 20, 2024

I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring ....

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