Page 22 - Superpowers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

cost—of—living crisis. now on bbc news unspun world withjohn simpson. hello and thanks forjoining me here at the bbc�*s headquarters in central london. is there any sign yet of the much—heralded counteroffensive by ukraine? for the west, in ukraine, if they were to go too early ahead of all of that hardware being in place, then we could see the front lines we see now in place for some time to come. after the g7 summit in hiroshima, is a chinese attack on taiwan more likely or less likely? i think for now, xi jinping has made the calculation that he simply can't afford to inva...

volcano erupts in a peninsula in iceland after weeks of intense seismic activity. as aid agencies voiced frustration on worsening conditions for civilians in gaza that the un security council prepares to vote on a new ceasefire resolution. this is the scene live in new york where members of the council are grappling with the language they can agree on. ukrainian president apology ms zelensky is holding an end of year news conference and he thanks ukrainian soldiers for black sea victory against russian navy. —— volodymyr zelensky. aid workers say that the situation in sudan is a ...

because the eurozone's largest economy is now officially in recession. germany has had two consecutive quarters of negative growth. the country's economy contracted by 0.3% between january and march. this follows a contraction of 0.5% in the final three months of 2022. a drop in consumer spending was main cause of germany's disappointing performance in the first quarter, with household consumption falling by 1.2%, as the cost of living crisis continued to cause headaches for millions of people. joining me now is christian schulz — deputy chief european economist at citi bank. thank...

the global monetary pivot — that was what some commentators were declaring on wednesday, after the us federal reserve said it had probably finished raising interest rates, and signalled it was planning to start cutting them next year. but clearly, neither the european central bank nor the bank of england got the memo. they left their rates on hold and said it was too early to talk about cutting them. in fact, here in the uk, three members of the bank of england monetary policy committee actually voted to raise the interest rate above its current level of 5.25%. the bank is worried ...

debt and getting financial regulations and co—ordinate in the event of an economic shock. slowly emerging as a key player in the biden administration handling of this challenging relationship to the two superpowers. planning to visit china again next year, second visit sincejuly. a major faultline between washington and beijing is the race to develop advanced semiconductors. chips power everything from smartphones to high—end military equipment and are increasingly seen as crucial to the global economy. some countries, led by the us, have been trying to stem china's progress in t...