tv BBC News BBC News January 15, 2025 9:00am-9:31am GMT
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but remains above the bank of england's target. south korea's suspended president is arrested after a failed attempt to impose martial law — police break through barricades to take him into custody. negotiations for a ceasefire deal in gaza continue — all sides indicate an agreement is closer than ever. three, two, one, ignition. two privately—built lunar landers blast off from florida — heading for the moon. hello, i'm catherine byaruhanga. let's return to our top story. west ukraine's critical
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infrastructure has been hit in a �*massive�* russian attack, that's according to officials in the city of lviv. the extent of the russian attack in ukraine is still not completely clear. there are no reports of casualties at the moment. but ukraine has imposed emergency power cuts in six regions in response. it comes as ukrainian president volodymyr zelensky is due to visit warsaw — according to the polish prime minister's office. in a statement on social media, president zelensky said russia targeted ukraine's gas infrastructure and other energy facilities and that ukrainian air defence downed at least 30 out of more than a0 russian missiles launched in the attacks. earlier we heard from our eastern european correspondent, sarah rainsford. she brought us up—to—date with what she knows. the full picture are still emerging but wejust the full picture are still emerging but we just heard from president zelensky radio social media and talking about what he described as a massive missile
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strike overnight. he said there was some 70 drones launched by russia and some a0 missiles. he said at least 30 of those missiles were downed by ukrainian air defences but it does mean some of them reached their target. the president suggested the targets were again energy infrastructure in ukraine and also he described gas facilities being targeted. we understand from the authorities in will be in the west of the country. two targets were hit there. they described it as critical infrastructure. the broader picture is beginning to emerge. mr zelensky used the occasion to call again for help from ukraine western allies particularly in terms of our defence. it is a plea we have heard many times urging western allies to send more air defence units to ukraine but it's interesting that comes at the time when there have been a concern is here inside ukraine
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about the number of specialists for those air defence units that directly being sent to the front lines to plug the gaps, shortages of forces on the front lines. yesterday president zelensky himself had to intervene and said specialists would not be sent to the front lines and even though the general staff here is admitting there is a shortage of manpower to fight russian forces on the ground, those air defence units would be kept intact because protecting these guys are so important and complicated in this ongoing work. we will continue to monitor those developments happening in ukraine. focused on the western part of the country with that massive russian missile attack. we will bring you the latest. south korea's impeached president, yoon suk—yeol, has been arrested over his failed attempt to impose martial law last month. it's the first time in the country's history that a sitting president has been detained.
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in a pre—recorded statement before his arrest, mr yoon said he was handing himself in to avoid any �*bloodshed'. anti—corruption investigators forced their way into the presidential compound this morning. it was their second attempt to arrest yoon after they were previously thwarted by his security team. these are live pictures from outside the corruption investigation 0ffice. that's where president yoon has been taken for questioning by investigators, who say he is refusing to talk. in his pre—recorded video message mr yoon struck a defiant tone. translation: today, upon witnessing these j individuals invading the security zone using firefighting equipment, i decided to comply with the corruption investigation office's request for a voluntary appearance, despite it being an illegal investigation, in order to prevent any unfortunate
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and violent incidents. however, i do not acknowledge the legitimacy of this investigation. as the president, who is sworn to uphold the constitution and the legal system of the republic of korea, my compliance with such illegal and invalid procedures does not signify my acceptance of them. it is solely a measure to prevent any unfortunate bloodshed. 0ur correspondent shaimaa khalil is outside the corruption investigation offices in seoul — where president yoon is being questioned. this has been a few hours of heightened, dramatic and contrasting feelings and sentiments here in south korea. not long ago we were outside the presidential residence, where huge cheers of
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celebration among anti—yoon protesters could be heard when it was announced that the president had been arrested by the corruption investigation officials. minutes after, his motorcade made its way into the building behind us, the corruption investigation office, he has now been sitting there for a few hours, being questioned for allegations of insurrection, and misuse of power, both relating to his botched declaration of martial law in early december. but the sentiment here now is one of anger, is one of defiance, among yoon�*s supporters. we have been speaking to many of them young and old who say that they do not recognise the legality of this arrest warrant. essentially echoing what the president and his team have been saying. and what you have now is, as you say, a dramatic crescendo to the build—up of this story, because essentially it is being framed
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in two different ways. the investigators insist and they confirm that they did execute the arrest warrant for the president. mr yoon and his team saying it was a voluntary appearance to avoid bloodshed. whichever way you look at it, this is a very dramatic and historic moment for south korean politics because for the first time in the country's history, a sitting president has been arrested. we have a8 crucial hours now, two days now. if a court administers a detention warrant, then yoon suk yeol will be detained. if not, he is free to go back to the presidential residence. this does not solve the issue, this is another phase in this divided country and another phase in this political drama here in south korea. british inflation unexpectedly slowed in december — providing some welcome relief
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to the under pressure chancellor rachel reeves. the headline figure fell to 2.5% from 2:6% in november. but the number is still above the bank of england's target of 2%. the uk's chief secretary to the treasury darrenjones told the bbc the economy is on the right track — but that more needs to be done. i think the plan for change is working and the fact that inflation is coming down is a sign for that. it's good that inflation is broadly stable around the 2% target, it's good that it's starting to come down. there's no denying the fact that many people at home are still struggling with a cost of living and we know we have got more work to do to help them get more pounds in their pockets at the end of each month, but also to make sure we maintain the stable approach to the economy in the years ahead. this let's speak t this o michael saunders who was on the bank of england's monetary policy committee, which sets interest rates, from 2016 to 2022.
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and he is now a senior advisor at oxford economics. thank you forjoining us. we have seen some gloomy data when it comes to the uk economy over the last three months. how much of a surprise were these latest inflation figures?— inflation figures? they were a little bit of — inflation figures? they were a little bit of a _ inflation figures? they were a little bit of a surprise, - little bit of a surprise, slightly lower than expected. you can hear the sighs of relief coming out of downing street, the bank of england and across financial markets as a whole. the previous couple of months inflation had been a little higher than the bank of england expected and that is fed a narrative that inflation might be sticky going forward and hence it would be less scope for interest rates to come down during the course of this year. now inflation is still a bit above the 2% target but is now higher than the bank of england had been expecting a few months ago. with the economy is sluggish i think they should leave them on track to cut interest rates gradually further. ~ .,
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to cut interest rates gradually further. ~ . ., , further. what we are seeing in terms of inflation _ further. what we are seeing in terms of inflation rising - further. what we are seeing in terms of inflation rising or - terms of inflation rising or falling here in the uk, is that a similar scene we are seeing in other countries, especially in other countries, especially in the western hemisphere? it is. the slight drop in inflation this month was helped by lower airfares which is one of those erratic factors that comes and goes. but the broad picture is that inflation has gone down sharply from levels a couple of years ago, the previous surge in energy prices has faded but there is still a bit of stickiness in core inflation is an service inflation. where will this month, still a bit higher than the bank of england would be comfortable with. that is why interest rates are still relatively high. during the course of this year we will see services inflation and core inflation slowing further at the bank of england gradually able to ease from a restrictive policy stance which is where they are now to something more like a neutral stance where they are no longer dragging on they are no longer dragging on the economy so much. this will
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be news welcomed _ the economy so much. this will be news welcomed by - the economy so much. this willl be news welcomed by politicians at downing street especially. in recent weeks and days we have seen pressure when it comes to uk borrowing costs and also the value of the pound. is likely to shift that instability in the markets? it will help, already that it's coming through that market expectations for interest rates in the uk and uk government bond deals have borne a bit following the release of these figures. but it is important to take a step back. the big swings in financial markets in the last few weeks and months haven't really been a uk centred issue. it has been led by the us economy. that has been stronger than people expected and there were worries the policies of the incoming trump administration will add to inflation and government borrowing in the us and that has caused markets to revise the outlook for uk interest rates, a shift to higherfor
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longer, leading to higher bond deals in the us, a strong dollar against everything at the uk is being caught in the slipstream of that. the adjustment to a higher real interest rate world. the us sets the weather for financial markets as a whole. other currencies are weakening against the us dollar and the uk is part of that but hasn't been a unique part of it. thank ou. around the world and across the uk. this is bbc news.
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negotiators in qatar are resuming talks amid hopes that a ceasefire deal in gaza is within reach. the agreement would include the gradual release of israeli hostages in exchange for palestinian prisoners. all sides have indicated that an agreement is closer than ever, with both israel and hamas openly expressing that a deal can be reached.
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here's what we know about what is likely to be included in the agreement. it will start with the initial release of 3a israeli hostages, including women, children, the wounded and the sick. in return its expected that israel will release 1,000 palestinian prisoners, including approximately 190 who have been serving sentences of 15 years or more. and an agreement would need to be reached on the future of gaza, including whether israeli troops can remain there. the agreement would allow israel to maintain an 800—metre buffer zone along its eastern and northern borders with gaza — at least during the first phase of the deal. it also includes provisions for israeli forces to remain in the philadelphi corridor — a strip of land separating gaza from egypt. mark lowen is injerusalem.
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good morning. as you were lying outside the r rising that both sides are very close, closer than i have ever been to reaching a ceasefire deal, with the final details being hammered out. but expectations also being slightly tempered by the qataris you are leading the negotiations in doha because we have been here time and time again where it seemed like real progress was being made only for it to be undone. this time it does sound also warring sides are close and i have ever been with the supposed ceasefire deal that he died out there. the first place would last a2 days, six weeks, during which every week there would be a release of some of the 3a hostages in return for hundreds of palestinian prisoners. 0n of palestinian prisoners. on day 16 of that first phase
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full—size will start negotiating the next phase of the deal in which they would be a release of more hostages, some of the soldiers who are being held by hamas and i would being held by hamas and i would be negotiations about the future of gaza, rebuilding the shattered gaza strip. also to what extent israel would have a permanent presence, buffer zone in gaza. still lots to hammer out in these final hours but we are expecting possibly an announcement in the next day or two but we have been here time and time again. let's unpack it all a bit more with my colleaguejohn donaldson who is here injerusalem with me. how close do we think we are this time? ~ . , . ~ time? we are still waiting. we are almost _ time? we are still waiting. we are almost there _ time? we are still waiting. we are almost there but - time? we are still waiting. we are almost there but not - time? we are still waiting. we| are almost there but not quite. mediators are saying the broad principles have been agreed between the two sides but they are still— between the two sides but they are still wrangling over what they — are still wrangling over what they are _ are still wrangling over what they are calling technical details. how this deal will
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actually be implemented and how prisoners— actually be implemented and how prisoners might be exchanged, at what — prisoners might be exchanged, at what point hostages will be released. but we could see hostages, three hostages apparently being released on the very— apparently being released on the very first day and then the rest _ the very first day and then the rest of— the very first day and then the rest of those 30 or so hostages over_ rest of those 30 or so hostages over the — rest of those 30 or so hostages over the next six weeks but you are right — over the next six weeks but you are right to— over the next six weeks but you are right to point out that i think— are right to point out that i think the _ are right to point out that i think the key phase will be phase _ think the key phase will be phase two because israel are saying — phase two because israel are saying it _ phase two because israel are saying it was the right to resume _ saying it was the right to resume the war if it thinks that— resume the war if it thinks that is_ resume the war if it thinks that is necessary. hamas although much diminished still in gaza — although much diminished still in gaza killing israeli soldiers and the big question is if it— soldiers and the big question is if it is— soldiers and the big question is if it is not hamas that runs gaza, — is if it is not hamas that runs gaza, who _ is if it is not hamas that runs gaza, who does? no one really has an— gaza, who does? no one really has an answerto gaza, who does? no one really has an answer to that yet. in terms has an answer to that yet. terms of has an answer to that yet. in terms of those sticking points, the identity of those people who might be released and negotiations also over how they could police people in gaza returning to the north who have been displaced. talk us through some of the sticking points we understand to be obstructing things at the 11th hour.-
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things at the 11th hour. third talks about _ things at the 11th hour. third talks about how— things at the 11th hour. third talks about how they - things at the 11th hour. third talks about how they will. things at the 11th hour. third talks about how they will check those _ talks about how they will check those people returning to the north — those people returning to the north from the south, to their homes — north from the south, to their homes in _ north from the south, to their homes in the north. israel is saying — homes in the north. israel is saying those people need to be vetted — saying those people need to be vetted and checked to see they are hot— vetted and checked to see they are not hamas members. who would — are not hamas members. who would do — are not hamas members. who would do that? the are n
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