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For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to ...

martha is next. >> martha: i'm martha maccallum. it has been an action-packed day on the hill since the early hours of this morning. we're now awaiting a house vote that would officially trigger an impeachment inquiry in to president biden. >> this stupid investigation is keeping us from getting any real work done for the people of america. >> you have a politician that does certain things, the actions benefit his family financially and there's an effort to sweep it under the rug. >> why does the maga ring want this political stunt? donald trump. >> joe biden, you participated in and...

ain't that america. something to see, baby ain't that america. home of the free. yeah. ♪ ♪ >> carley: good morning from nashville, tennessee, i'm carley shimkus live outside the grand ole opry. ahead of the fox nation patriot awards taking place tonight. >> todd: i'm todd piro, in new york, not nashville. you are uch waing "fox and friends first" on thursday morning. carley shimkus, you know two questions, one how is it going and two, the question i ask when you travel, how is the food? >> carley: the food has been excellent. i ordered room service last night and ate it in bed, e...

our political correspondent jack fenwick reports. he'd previously said he disliked the russian president but admired him as a political operator, and that the invasion of ukraine was a consequence of western expansion. the reform uk leader said he had predicted the war ten years ago. i stood up in the european parliament in 2014 and i said, and i quote, "there will be a war in ukraine." why did i say that? it was obvious to me that the ever—eastward expansion of nato and the european union was giving this man a reason, to his russian people, to say "they're coming for us again," an...

we start in the us where the federal reserve gave financial markets a double boost on wednesday. it says the world's biggest economy will recover much faster than it was predicting a few months ago — as vaccines are rolled out and government stimulus cash begins to flow. and it has put to rest — for now — fears that higher interest rates are around the corner. the fed has promised to keep them close to zero until the recovery is complete. michelle fleury has more. jerome powell was surprisingly forthright. he said he is in no rush to pull support from the economy. with 9.5 mill...