Thursday, December 15, 2022

BANK OF ENGLAND RAISES INTEREST RATE ONCE AGAIN

The Bank of England has raised its interest rate to 3.5% - the highest in 14 years. The move is a bid to tackle high inflation rates across the UK…but could lead to a big uplift in outgoings for some households. Laura Makin-Isherwood has more.


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US gvt promising free Covid tests amid fears of winter surge

The US government is once again offering free COVID-19 tests to all Americans as the country braces itself for potential coronavirus surges this winter.


The Biden administration is making four rapid virus tests available per household from Thursday, as part of its contingency plans for preventing the spread of the disease. 


Benji Hyer has more details from Washington DC. 


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Hundreds of Chinese companies saved from forced delisting as US regulators inspect audits

US regulators say they have been given unfettered access to inspect the audit books of Chinese firms.

This eases the threat against some 200 Chinese companies that were at risk of being thrown off the US stock market for not complying with watchdog standards.

Toni Waterman has more.

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STORMS KILL THREE IN THE US

Three people have died as blizzards and tornadoes batter parts of the
United States.
Several homes are also reportedly damaged, with many residents living
in the northern and central parts of the country, urged to stay
indoors or stay clear of the area altogether.
Jody Jacobs has more...

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UGANDA JAILS US COUPLE




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An American couple in Uganda has been charged with aggravated torture of a minor.

 

The couple is accused of torturing a 10-year-old adopted child under their care.

 

Hillary Ayesiga, reports...




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Influencers charged in stocks manipulation scheme

Eight men in the U.S. have been charged with using their positions on
social media to manipulate stock prices.

The influencers are alleged to have pocketed 114 million dollars in a
pump-and-dump scheme.

U.S. correspondent William Denselow reports.

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US to double Ukrainian troop training

The US is reportedly doubling the number of Ukrainian troops it trains.

It comes as the US is preparing to authorize sending patriot missile
systems to help Kyiv in the fight against Russian forces.

Nick Harper reports from Washington.

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EUROPEAN CENTRAL BANK RAISES INTEREST RATES AS INFLATION BITES

The European Central Bank has raised interest rates again in an effort to try and tackle red hot inflation across the Eurozone. 

The rise was widely expected by analysts - with the bank's president saying the global economic outlook remains uncertain. 

From Berlin, Trent Murray reports. 

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France into the men's World Cup final after beating Morocco

France are one victory away from becoming just the third team to win back-to-back men's World Cups, after beating Morocco 2-0 in the semi-final on Wednesday.

Les Bleus will face Argentina in Sunday's final.

Ross Cullen reports.


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British nurses go on strike

Tens of thousands of British nurses have gone on strike for the first time in the health service's history. They're calling for better pay and working conditions, at a time when inflation is putting huge pressure on lower earners in the UK. Julia Chapman reports.

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DRC FLOODS AFTERMATH

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The President of the Democratic Republic of Congo has cut short his visit to the United States after floods killed more than 120 people in the capital Kinshasa on Tuesday. The Congolese government declared three days of national mourning for the flood victims. Chris Ocamringa has more from Kinshasa.....

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Tanzania launches Internet services on Africa's highest peak

The Tanzanian government has officially launched high-speed internet services at Mt Kilimanjaro's Uhuru Peak. Hikers climbing Mount Kilimanjaro will now be able to use the services to communicate with the rest of the world while atop Africa's highest peak.

Daniel Kijo has more.

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Banks Reconfigure ATMs as New Naira Notes Enters Circulation Today


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Nigeria's newly redesigned naira notes will go into circulation, starting today, with Deposit Money Banks releasing the bills to their customers via over-the-counter payments.


This comes weeks after Nigeria's President, Muhammadu Buhari, unveiled the new bills at a weekly Federal Executive Council meeting in Abuja.


The old Naira notes will still be a legal tender until the end of January 2023.


Ajeck Mangut reports from Abuja.


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Delhi Girl Attacked with Acid; Three Men Arrested

Three men in the Indian capital of New Delhi have been arrested for throwing acid on a young girl.

This incident has sparked outrage across India as the country struggles to tackle rising instances of violence against women.

Sreoshi Mukherjee reports...

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China's economic rebound stutters amid Covid case surge

China’s economy is facing a continued uphill struggle as a surge in Covid cases is undermining hopes of a rebound. International investors had been targeting a bounce back in growth after the government scrapped many of its strict Covid policies.

Richard Kimber reports from Hong Kong.


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Australian government pays tribute to slain police officers

Australia's Federal Parliament has paid tribute to the police officers killed in an ambush in Queensland this week. 

Two police officers and a neighbour were fatally shot in Wieambilla (wee-am-billa) in Queensland's Western Downs on Monday. 

Shaun Bindley reports from Brisbane. 

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COURTESY AIR NEWS MEDIA - AUSTRALIA 


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Wednesday, December 14, 2022

France into the men's World Cup final after beating Morocco

France are one victory away from becoming just the third team to win back-to-back men's World Cups, after beating Morocco 2-0 in the semi-final on Wednesday.

Les Bleus will face Argentina in Sunday's final.

Ross Cullen reports.


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U.S. stocks fall on Fed announcement

U.S. stocks fell Wednesday following the Federal Reserve's interest
rate hike announcement.

The move was expected but investors were spooked by the Fed's warning
that hikes will likely continue through next year.

William Denselow reports from New York.

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Fed raises rates again to stem inflation

The Federal Reserve has raised interest rates by a further 50 basis
points in an effort to stem runaway inflation.

Price pressures have remained stubbornly high and Fed officials say
rates may not come down until 2024.

William Denselow reports from New York.

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Meta sued over 'hateful' posts during Ethiopian conflict

Meta faces a lawsuit in a Kenyan court over allowing social media posts that allegedly helped fuel deadly violence in Ethiopia.

Tens of thousands of people have died as a result of the conflict in the country's northern Tigray region.


Our Silicon Valley correspondent Ira Spitzer reports.


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