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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 ...

Under tight security this time he faces slander charges. In a major reset of us Foreign Policy, President Biden says america will end support for the war in yemen and rebuild its alliances. America is back. Diplomacy is back at the centre of our Foreign Policy. I take charge, id take charge read the Standing Orders and coming up this hour. Certainly not on mute how one Parish Council in the north of england has gone viral after a zoom meeting got a little out of hand. Hello and welcome if youre watching in the uk or around the world. From a week on monday uk residents returning from Coronaviru...

take a long hard look at ourselves. what we want, how we pay, what we smoke, what we drink, how we live, how we die. we are more likely to from comparable conditions than in other comparable countries and then there is the elephant in the ward, social care. the nhs is ours. let's hear from you. now for the news. health experts are warning that the nhs won't celebrate its 100th birthday without significant investment in beds, buildings and technology. three think tanks have made the claims as the service marks its 75th birthday. there'll be a special service to commemorate nhs workers...

as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we'll talk to economists from the left and right, and ...

a very warm welcome to talking business weekly with me, aaron hazelhurst. let's go take a look at what's on the show. the big china challenge. a year since the covid—19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me ho...