Bank of England raises interest rates in bid to contain inflation

The Bank of England has raised its key interest rate from 0.25 to 0.5 percent.

Like many countries around the world, the UK's central bank is trying to put the brakes on rising inflation that's pushing up the cost of living.

Giles Gibson reports from London.

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President Biden travels to New York to discuss gun crime

President Biden is due to travel to New York to discuss a new focus
on dealing with gun violence.

His trip comes after less than two weeks after two police officers
were shot dead in the city.

Sarah Walton reports.

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Biden: US kills ISIS leader

US President Joe Biden says American troops have killed the leader of
ISIS in an attack in Syria.

It follows a raid in the northwest of the country which Syrian first
responders say killed 13 people, including six children.

Nick Harper reports from Washington.

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UK GOVERNMENT ANNOUNCES SUPPORT PACKAGE AHEAD OF ENERGY BILL PRICE HIKE

UK Chancellor Rishi Sunak has set out government plans to support households ahead of imminent increases to utility bills. A cap on energy prices is set to be lifted in April - a move that will add an extra $940 to the outgoings of the average home. Mr Sunak told MP's the government will step in to help, offering a council tax rebate to 80% of homeowners and spreading some of the additional costs for gas and electricity over a five year period.

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Opposition party Labour has criticised the plans though - Shadow Chancellor Rachel Reeves saying they do not do enough to prevent further price hikes in future.

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UK SETS OUT 'COST OF LIVING CRISIS' RESPONSE

The UK government's setting out interventions to try and ease a cost of living crunch.

Record-high wholesale gas costs are feeding into soaring household bills, and wider inflation.

Households are set to have to pay hundreds of pounds more for their energy bills over the next year - as a price cap is raised.

Director of Policy at National Energy Action - Peter Smith - says the government will need to go further than today's announcements for the poorest households.

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NATO welcomes US move to deploy extra troops to Europe

NATO's chief is welcoming President Biden's announcement to deploy 3 thousand troops in Europe as tensions rise over Ukraine.

The President is sending forces to Poland, Germany and Romania.

With NATO's reaction, our Brussels correspondent Rosie Birchard reports.

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Australian billionaire threatens to sue Facebook

Cyber security experts are welcoming criminal proceedings being launched against Facebook.

Billionaire Australian business man Andrew "Twiggy" Forrest is taking legal action against the social media platform over a cryptocurrency scam.

Shaun Bindley reports.

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COURTESY AIR NEWS MEDIA - AUSTRALIA

Japan expands Covid restrictions amid fresh Covid records, but resists full scale emergency

The Japanese government will expand Covid countermeasures as the country battle fresh record highs of coronavirus infections. New cases topped 90,000 on Wednesday.

Prime Minister Fumio Kishida is facing mounting pressure to call a state of emergency. but says there is not need to act yet. 

Phoebe Amoroso reports from Tokyo.

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Alphabet helps keep Wall Street rally alive

Strong earnings results from Alphabet helped give the U.S. markets a
boost and extend a rally for a fourth straight day.

This comes despite the release of some disappointing private sector jobs data.

William Denselow reports from New York.

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PUTIN/JOHNSON CALL ON UKRAINE

UK Prime Minister Boris Johnson's told Russian President Vladimir Putin not to make a 'tragic miscalculation' with an invasion of Ukraine.

The two leaders have held a call - which the Kremlin says was a 'fairly detailed exchange of views'.

Olly Barratt reports from London.

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Canadian truckers continue "unlawful" protest over vaccine mandates

Canadian truck drivers angry over COVID-19 vaccine mandates are continuing to block a key US border crossing despite warnings from police.

The truckers in the town of Coutts [KOOTS] are aligned with protesters who have disrupted traffic in the Canadian capital Ottawa for several days.

Ira Spitzer reports.

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MORE CONSERVATIVES DECLARE THEY HAVE NO CONFIDENCE IN BORIS JOHNSON

More Conservative MPs have submitted letters declaring they have no confidence in the UK Prime Minister. Boris Johnson has faced fury from opposition MPs, and criticism from his own, as tensions continue over parties that took place in Downing Street during pandemic lockdowns continue. Laura Makin-Isherwood reports.

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Russian officials criticise U.S. troop deployment

Russian officials have criticised the U.S. decision to send more troops to Eastern Europe. The move comes a day after President Vladimir Putin accused America of trying to drag Russia into a military conflict. Julia Chapman has more.

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US preparing new rules on Tiktok & foreign apps

The United States is preparing new regulations to address security
concerns posed by the Chinese app TikTok.

It's part of wider efforts to put more restrictions on Chinese
technology that's frequently used by the American public.

Nick Harper reports from Washington.

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Washington DC's American football team reveals new name

Washington DC's American football team has a new name, the Commanders.

It comes eighteen months after dropping its longtime nickname, the Redskins, which had been criticised for being derogatory toward Native Americans.

From Washington, Kate Fisher reports

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US sending 3,000 troops to eastern Europe amid Ukraine crisis

The US is sending more than 3,000 troops to eastern Europe in a show
of support to Ukraine over the escalating crisis with Russia.

It's the first deployment after the Pentagon put 85-hundred troops on
standby last month.

Nick Harper reports from Washington.

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Whoopi Goldberg suspended from The View over holocauset comments

Whoopi Goldberg has been suspended from tv show 'The View' because of
comments she made about the Holocaust.

ABC News said her remarks were wrong and hurtful.

Sarah Walton reports

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U.S. private sector looses jobs for first time in over a year

The U.S. private sector saw payrolls decline in January as the
Covid-19 Omicron variant impacted hiring.

It's the first time that companies reported negative job growth since
December 2020.

William Denselow reports from New York.

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Uganda to Mediate Sudan, Ethiopia Conflct

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Uganda has accepted the request by the Inter-Governmental Authority on Development - (IGAD) to host the Regional Heads of Summit meeting in Kampala next Month.

 

The meeting seeks to find a permanent solution to conflicts in South Sudan, Sudan and Ethiopia…

 

Michael Baleke reports from Kampala;

 

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Uganda To Begin Oil Prodution in 2025

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Uganda has signed the final investment decision to kick start the country's Oil and gas projects.

 

The agreement signed with Tanzania, and the joint venture partners, China's CNOOC and French firm - Total Energies, marks the beginning of the development and construction phase, and subsequently commercial production of Uganda's oil and gas resources.

The oil companies have committed to invest more than 10 billion dollars in the projects in the next three years.

 

Michael Baleke reports from Kampala;

 

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