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tv   Witness The Last Shelter  Al Jazeera  June 15, 2022 11:00pm-12:01am AST

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we understand the differences and similarities of cultures across the wound center match. i'm glad you call hon al jazeera will bring you the news and current affairs that my to t al jazeera salaam, ali whom it's great to see. welcome to the cato economic forum, powered by bloomberg. some people say that they said the globalization going on, but i prefer to think of every globalization our accomplish speakers from heads of state to business and policy leaders will discuss evolving technology, education, culture, sustainability, and the impact on the economy. ah, ah
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hello norm taylor in under the top stories around his era, the u. s. federal reserve has raised interest rates by point 75 percent. the biggest increase in almost 3 decades is hope the move will cub soaring inflation and bring down consumer prices, which are $240.00 a highs. a chair of the central bank, jerome pow, described the current economic climate as extraordinarily challenging and uncertain, and indicated further hikes are likely we anticipate that ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and the evolving outlook for the economy. clearly, today's $75.00 basis point increase is an unusually large one. and i do not expect moves of this size to be common. from the perspective of to day, either of 50 basis point or a 75 basis point increase seems most likely at our next meeting. we will, however, make our decisions, meeting by meeting and will continue to communicate our thinking as clearly as we can. how does your culture as more from the federal reserve in washington dc?
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this is a very aggressive move as you were saying, this is the highest 11 time rate hike in 28 years in the us. and the goal here is to react to the alarming rate of inflation that we saw in a report just last week. now at 6.8 percent, a historic high in the us federal board chair reserve board chair jerome. how will also called these extraordinarily challenging and uncertain times for the u. s. economy. now, he has quite the challenge ahead of him. he's trying to cool down this roaring hot economy. i've raising that in the interest rate to lower the amount of money that's available in this economy, but he has to do so on the board has to do so without triggering a recession. there is some fear of that happening possibly next year. even in the u . s, according to some economists, how will did not predict that. he said that he and among the boards releasing the
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economic projection for the next 3 years in the us finding that by 2024 around then is when the u. s. economy may fall down to a healthier level where unemployment rate and the inflation rates are at the target levels at the federal reserve. one us president joe biden is urging oil companies to take action against soaring petrol prices in a letter sent to major refiners and said they needed to produce more petrol and diesel and should work with his administration. but an accused major produces, including exxon mobil and chevron of profiteering. from the crisis. you can union assigned an energy agreement with israel, and egypt as the glock looks for alternatives to russian supplies do, will allow israel to send its natural gas to egypt for processing before its exported to europe. you commission president osler from the line described the agreement as a big step forward and indicated
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a longer term plan will focus on renewable energy. the european union has launched a string of legal challenges against the u. k. over it's moved to scrap part of the post breaks at trade deal. the u and u. k agreed there would be no new tracks on goods crossing the border between northern ireland and the republic of ireland and e u member. but the arrangement has disrupted trade with mainland britain, a setting northern ireland, apart from the rest of the u. k. thousands of people in eastern that democratic republic of congo have been rallying against render and its president for could army protest. as in the city of goma accused, the rwandan government supporting the m 23 rebel group. a claim to gully has repeatedly denied commerce. just days after m. 23 fighters seized a keyboard, a town rebels say they are fighting to protect the minority tootsie ethnic group. europe has been hit by a major heat wave that is not expected to peak until the end of the week.
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temperatures in the french capital, paris are forecast at 37 degrees celsius by saturday. that's 13 degrees above the average high for the month of june. some parts of france's southwest will exceed 40 degrees, which could trigger a public health, red alert meter on to say these events will become more common as a direct result of climate change. those are the top stories do stay with us now to hear a witness is coming up. next i'll be about the more news after that. i for now. ah.
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a minute. i knew louder. oak, i make a, you'll my d. order, you know, both news you want to help save the world. sneezing hero. ah, ah, ah. al jazeera. where you, why? oh,
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no, and learned taylor yonder with chop stories on al jazeera sch. the u. s. federal reserve has raised interest rates by point 75 percent the biggest increase in almost 3 decades. it's hope the move will curb soaring inflation and bring down consumer prices, which are at 40 year highs. the chair of the central bank, jerome pow, described the current economic climate as extraordinarily challenging and uncertain, and indicated further hikes are likely we anticipate that ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and the evolving outlook for the economy. clearly, today's $75.00 basis points increase is an unusually large one. and i do not expect moves of this size to be common. from the perspective of to day, either of 50 basis point or a 75 basis point increase seems most likely at our next meeting. we will, however, make our decisions, meeting by meeting and will continue to communicate our thinking as clearly as we can. as president joe biden is urging oil companies to take action against soaring
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petrol prices in a letter sent to major refiners. biden said they needed to produce war petrol and diesel, and should work with his administration. and has accused major producers including exxon mobil and chevron of profiteering. from the crisis. the european union assigned an energy agreement with israel. and egypt, as the block looks for alternatives to russian supplies. the deal will allow israel to send its natural gas to egypt for processing before it's exported to europe. you commission president was left on the line, describe the agreement as a big step forward and indicated a longer term plan or focus on renewable energy. you've been union has notched a string of legal challenges against the u. k. o ritz moves to scrap part of the post breakfast tray. do the you and you k agreed. there would be no new checks on goods crossing the border between northern ireland and the republic of ireland and
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the you member. the arrangement is disrupted trade with mainland britain. thousands of people in easton democratic republic of congo, been rallying against rwanda. protest is in the city of go mercury, the london government of supporting the m $23.00 rebel group, a claim ronda has repeatedly denied it comes just days after and $23.00 fighters seized a key for the town. there's the top stories to stay with us. witness continues next on the back of the news hour after that. ah
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with a bill that
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ah mm mm hm. in the in mm mm ah oh. hello chris in many of have had to have a cavity here delila early last i'd like to washington. oh oh, are you quote your dog b w?
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father didn't net for
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al jazeera correspondence. bring you the latest developments on the war in ukraine . we have to take cover. this is what's happening on a daily basis. the medics is a he is incredibly lucky. those coming out of the lines and no, no man's land where one of the few to gain access to this embattled town. they take
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us to their basement where we find others sheltering from the shelling these evacuation. now by say, 3 days journey devastated buildings are now a grim reminder that the russians were here. it's the you case, biggest hospital with eventual capacity for 4000 cove at 19 patients built inside a london conference center. it took just 9 days to construct with the help of army engine is dramatically expanding the critical care bit count and other similar sites are on the way the actual london numbers could be much higher than advertised researches say that huge gaps in testing capacity that the government is now trying to close, extrapolate that across the country, and the spread of corona virus appears far wider than any won't float with. it's been the cold. they start to the winter season,
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in se, australia, in decades. we'll talk more about that in a bit. hello everyone, but 1st we're going to begin in china where the rains are still falling across the pearl river valley. i think we're going to see more flooding. of course already we have in one dung province and toward the north of that and who nan, but really the bulk of this rain falling over southern china, we looked toward the yangtze river valley, the yellow river valley, and we've got some hot sunshine here. junk jo. at 40 degrees it's just a few degrees off. your june temperature bradford for japan's main island of han shoe, we've got a weak band of some shower activity here in beijing. showers and thunderstorms still not too far way and same goes for harbin on thursday. down under we painted the colors on dark of the blue, the or the temperature. so at camera you have had your coldest start to winter and 58 years. but look at melbourne called us start in 73 years and on tasmania it's been the coldest start to the winter season in 40 years. here's what's going on on thursday. do have some rain for victoria, some showers in tasmania as well, but i'll pill out. give you a wider look. we'll put this the day poured on friday,
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and white and windy conditions pulling in to that southwest on this weather report in new zealand. pretty typical weather things are as they should. we've got temperatures of 11 degrees in christ church on thursday, sushi ah informed opinions. there is a need, fabulous federal government to take action to really facilitate a cry. in depth analysis of the days global headlines inside story on al jazeera, understand the differences and similarities of culture across the world. so no matter how you take it will bring you the news and current affairs that matter to you. ah .


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