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that s the warning vfrom the head of america s central bank, the federal reserve. jerome powell warned more action might be needed to stabilise prices and keep inflation in check. many had been expecting another quarter percent rise in interst rates when the fed meets later this month, but after those comments, there are predictions that the rise could be even bigger. that s been enough to spook investors. it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. similar story in asia with hong kong s hang seng. and here s our north america business correspondent samira hussain to explain what it all means. last year, the federal reserve raised interest rates at the fastest rate since the 1980s, and it seemed to have helped inflation a little. but that labour market, it remains resilient. the lastjobs report showed a blockbuster increase of more than 500,000 jobs added injanuary. that s why the fed chair, jerome powel ....
order to reduce the rights of people to claim and to thwart their removal. the bbc is to speak to one of its highest paid presenters after he criticised the government s immigration plans on social media hello this is bbc news, the un secretary general, antonio guterres is in ukraine to hold talks with president zelensky about the continued export of ukrainian grain. brokered by the united nations and turkey lastjuly, and secured with russia, the deal enabled the shipping of ukrainian grain from odesa via the black sea, through the bosphorus strait in istanbul. but, now the deal is due for renewal and russia has signalled before it agrees to an extension it wants more done to lift curbs on its own agricultural ports. our diplomatic correspondent james landale is in kyiv and explains why russia might be hestitant on signing off the deal renewal this grain deal that allows some grain to pass through the black sea from ukraine through to the world markets is actually two a ....
closing of access to asylum in the uk for people arriving irregularly, we believe it s a clear breach of the refugee convention. they will enable us to take a very bold and forward leading steps in order to reduce the rights of people to claim and to thwart their removal. the bbc is to speak to one of its highest paid presenters, gary lineker, after he criticised the government s immigration plans on social media. he bbc investigation reveals how scammers and con people out of hundreds scammers and con people out of hundreds of millions of dollars. hello and welcome to bbc news. the un secretary general, antonio guterres is in ukraine to hold talks with president zelensky about the continued export of ukrainian grain. brokered by the united nations and turkey lastjuly, and secured with russia, the deal enabled the shipping of ukrainian grain from odesa via the black sea, through the bosphorus strait and istanbul. but, now the deal is up for renewal and russia has signa ....
jerome powell is due for a second day of testimony in front of lawmakers and his words literally move markets. on tuesday, he warned that the price of borrowing that s the base us interest rate may have to be raised more than many hoped and markets quickly took a dive. with a sell off in the us and asia. here s how it s being picked up in europe today. this is the state of play, inheriting some of that uncertainty that started in the us and translated through to asia. there is cam coming back to those numbers but markets are still trying to work out what all of this could mean for them. samra hussain is in new york for us. talk to me about what we heard yesterday and why markets are nervous about what could be coming down the line. nervous about what could be coming down the line- down the line. when we spoke on monday we down the line. when we spoke on monday we talked down the line. when we spoke on monday we talked about - down the line. when we spoke on mon ....
and in sport a magic night for potter, as chelsea survive the pressure of a retaken penalty to reach the champions league quaretr finals. hello. the doctor. and a month after the devastating earthquakes in turkey and syria, we reunite a survivor with those who rescued him from the rubble. good morning. we havejust had the coldest night of this year so far. temperatures across the north highlands had fallen to 14. they could fall more. we have some rain, sleet and snow on the cards across parts of the south, but as we go through the next couple of days we will see some significant snow falling a bit further north which could be disrupted. i will have all of the details later in the programme. it s wednesday 8th march. our main story. the un refugee agency has said it is concerned over the government s plan to stop people coming to the uk in small boats across the english channel. the organisation said proposals to prevent people from claiming asylum violated the refugees c ....