states, the latest data united states, the latest data shows that inflation rose by 0.1% in november. the price falling in an increase in rent and coming just a day before america's central bank decides on the cost of borrowing. with the federal reserve board interest rates steady until the end of 202a? reporting from new york. end of 2024? reporting from new york. ., , _, , . york. november consumer price index came _ york. november consumer price index came just _ york. november consumer price index came just in _ york. november consumer price index came just in the _ york. november consumer price index came just in the nick- york. november consumer price index came just in the nick of. index came just in the nick of time for the federal reserve, the tuesday meeting and wrap up on wednesday, the siding and hoarding interest rates steady as they have for the past few months whether to raise them and in march 2022 in the summer and in march 2022 in the summer and garlic tuesday and coming down from its peak, gas prices and inflation meeting down and is making policy decisions.

volatile fuel and energy prices and the numbers remain higher things to persistently high housing costs. combating inflation, higher interest rates make it more expensive to borrow money and that is supposed to attempt on spending which should pay runaway prices. president biden prays the data is good news and called on corporations to pass savings on to consumers and press return to normal, that means hoarding interest rates steady and as of the expected to do on wednesday. what investors really want to know is when they think will be time to cut rates and will almost never wait and hope for next year. —— there will almost have to wait and cut for next year. and china, the economy is calling for the deflation as

prices and deepening property crisis, credit ratings agencies been, rivalagencies crisis, credit ratings agencies been, rival agencies fit and also the credit rating of the lawmakers flirted with the default as they wrestled over nation debt limit. chief asia economist told us that we can expect from the roots two biggest economies of 2024. inflation is still with us and not disappearing overnight. the numbers are steadily declining but not the speed at which investors had hoped in the mail orfor the time being an investors had hoped in the mail or for the time being an ap to cut next year it's a done deal given that we have interest rates that remain elevated and eviscerating consumers in the us and it will probably mean

that we have to see a slowdown in the us economy wait a bit of a different in china where falling prices but a property crisis in the recent outlook downgrade made headlines and president xi seems confident about the economy but what is your outlook? the opposite problem because prices are falling at the moment, suggesting the economy is very weak in consumer spending is strong enough to push a prices that suggest the government will have to do more to stabilise growth in interest rates cuts in more fiscal support in the cube interested 24 with the chinese government can succeed and stabilise the housing market and it is a huge sector of the economy that continues to deflate and that is a drag consumer spending and investment leading to fix the

property sector and stabilisation in the chinese economy. stabilisation in the chinese economy-— economy. tocsin to buy a continued _ economy. tocsin to buy a continued overnight - economy. tocsin to buy a - continued overnight everyone is 200 countries, trying to reach that final agreement and has been a fierce debate on the wording of phasing out of fossil fuels. wording of phasing out of fossilfuels. the wording of phasing out of fossil fuels. the founder of eagle business dedicated to sustainable development and she told me she is not surprised that negotiations are tracking on. ., �* that negotiations are tracking on. . �* , on. the agreement i've seen in the paris _ on. the agreement i've seen in the paris agreement _ on. the agreement i've seen in the paris agreement climate i the paris agreement climate change treaty was signed and it is made regularly all of the world as well as businesses that we respond to the right signal. we do need to transition away from fossil fuels and climate crisis. the government today chooses the

strong anguish because it does give the right direction to print the policies and practices that we need to see. and protesters set co p28 pointing out the summit has said in an outsize influence and lobbies, do you agreement that impact is that fi businesses? a, that impact is that f1 businesses?- businesses? a lot of controversy - businesses? a lot of controversy we - businesses? a lot of controversy we have j businesses? a lot of - controversy we have seen businesses? a lot of _ controversy we have seen pivot accusations and the xxx, negotiations like this be successful and intense economies speaking to the activists the spectrums of been trying to stretch other language is acceptable the largest gathering and history

of cop28, remix to address the climate crisis and suggested, you'll now see transitioning away from the field which i think is a good compromise and extremely difficult position because of a developing economy and livelihoods and shops, but i think getting everyone on the table is the first step to success and this is been successful in this and perhaps we can see because of the negotiations today.- we can see because of the negotiations today. and another $20 million _ negotiations today. and another $20 million to _ negotiations today. and another $20 million to help _ negotiations today. and another $20 million to help and - negotiations today. and another $20 million to help and this - $20 million to help and this will go towards food, medical care and supplies. 15 million in support to gaza and the conflict between israel and hamas two years ago. it has

come to a near complete standstill. staying with israel and gaza, fashion retailer says it regrets the misunderstanding around its advertising campaign which is been criticised for using images resembling the war. manikins wrapped in white plastic and the import of the images which were taken before the war started and customers of something far and what they intended when it was created. in a different product and you think you'd to fly the shelves but it is not so simple and when companies start now, they cannot always keep up with demand for the product actually kill a business and one female entrepreneur experienced is that. ~ entrepreneur experienced is that. , , ,, entrepreneur experienced is that. ,, that. with the business starts, ou that. with the business starts,

you never _ that. with the business starts, you never sure _ that. with the business starts, you never sure what _ that. with the business starts, you never sure what it - that. with the business starts, you never sure what it is - that. with the business starts, you never sure what it is like, | you never sure what it is like, a viral facebook post nearly blew up a business. == a viral facebook post nearly blew up a business.- blew up a business. -- our business- _ we started the brand in 2014 but everything changed in 2017 and viral facebook posts completely changed the game for us and this was shared that if a dozen times and this can intense demand and quickly with a hole of the supply chains.

now, we have consciously figured out supply chains and supplies and even our naval supplies. when this did happen, can pick up the phone and say help and they responded. not only were they thrilled for success but a short absolute willing and they put lines of supply on day and night into our consumer commitment to get the product quickly and efficiently and quicker than expected. having strong in relationships and place to save everything but it could've easily gone the other way i we not made the effort to really get to know our suppliers. just under half _

get to know our suppliers. just under half taking a cue from street we saw the rally and investors tag attention to that meeting. that it is for this edition of asia business report. bbc news bringing you different stories from across the uk. an emotional day for homeowners who found themselves living on the edge far earlier than they expected to. i'm still in shock. i have been for the last week. i'm not in tears or anything. i'm not that sort of person. but you know, i guess if i was that sort of person, i would be just sitting down with my head in my hands and not knowing what to do. land under houses on the marooms in hemsby has been badly affected over the past decade. storms last month saw a 100 metre

section of the road fall onto the beach. forfour days, as was being given to try and remove the most dangerous houses from the side of the cliffs. of course, they're trying to work around the tides, the weather and restricted lighting. all this destruction you see around us right now is caused by one box on one spreadsheet, which is their cost base ratio. and that's what we're working with local government and coastal partnership east and the environment agency to change. that's what we're fighting for. it's one box or one spreadsheet. the environment agency has spent almost £500 million on coastal defence and norfolk, suffolk and essex since 2013. but for those here, it's too little, too late. for more stories from across the uk, head to the bbc news website. hey, i'm zoff with the catch up tonight. zara faces more backlash, an assault on a referee and a surprise performance from alicia keys.

so our top story, three teenagers have died following a crash between a car and a bus in coed ely in south wales. a missile strikes an expert analysis and no one knows what is going on in the head of vladimir putin. make sense of whenever suits you and open the bbc sound app for the latest news. and i'm mark edwards. welcome to sportsday. here's what's coming up on our show. united crash out of europe, beaten by bayern.

but copenhagen's champions league fairy tale continues. benzema and kante among the goals as al—ittihad beat auckland city in the club world cup. and a referee punched and a club owner arrested as football is suspended in turkey. we'll bring you the latest on turkey's night of shame. and thanks forjoining us on sports day. manchester united are out of the champions league after losing one nil to bayern munich. combined with copenhagen's win over galatasaray, it means erik ten hag side don't even have the comfort of dropping into the europa league. they finished bottom of their group. it's a phenomenal run though,

to the knockout stages of the champions league for the danish champions. but manchester united's continental stay ends at the earliest possible point. ian dennis was at old trafford on a desperately disappointing night for the hosts. manchester united never looked like scoring, let alone winning for what was a must win game. they looked one—dimensional and predictable. while bayern munich carried a threat and cruise through, shaw's long range effort was their only shot on target. kingsley coman scored the only goal crafted by harry kane, clinically finished 19 minutes from the end. it's the fourth time that an english side has finished bottom of a champions league group as manchester united face the embarrassment of an exit from europe altogether. it was never comfortable. we're never fully comfortable. but i think we deserve to win. we needed a reaction. we got the reaction played with personality and good energy and much more aggressive in a very higher level than in the last match.

it was one of our best performances in the group stage over 90 minutes, and we deserve to win. we can focus of course on the premier league and this is, i think the level we want to play champions league. so we have to give every effort in and to be in the top four. so we the next year we are back in the champions league and then of course we have the fa cup. so there's still many things to play for. let's bring you up to date with the other champions league results on tuesday. we've mentioned it with the surprise package of the group stages fc copenhagenjoining bayern munich in the last 16 courtesy of that home win against galatasaray. in group c napoli go through with real madrid. in group c, napoli go through with real madrid. worth noting that napoli's second goal scored by the newly crowned african footballer of the year, victor osimhen. and at the top of your screen in group a loss will be heading to the europa league after they beat syria two one and

courtesy of the one one draw between arsenal and psv eindhoven