u. s. central bankers announce the federal funds interest rate will increase buying another 3 quarters of a percent. for the 3rd time in a row, it was an aggressive though widely expected move in an effort to bring down stubbornly high inflation. still soaring at above 8 per cent. a 40 year high in the u. s. the price of gas is down across the country. but in nearly every other category, the cost of living like food, medical care and rent remains high. me while the job market is strong with the unemployment rate at just 3.7 percent. federal reserve chairman jerome powell signal that the central bank will continue to tighten its monetary policy. despite the risk of economic pain in the form of job losses, or even a recession down the road, no one knows whether this process will lead to a recession or if so, how significant that recession would be. that's gonna depend on how quickly wage and price inflation, inflation pressures come down, whether expectations remain anchored. and whether you're also

u. s. central banks raised interest rates to the highest level in almost 15 years. as it tries to bring inflation under control, the key rate jumped by 3 quarters of a percentage point taking the target range to be between 3 and 3.25 percent. hydro castro reports from washington, d. c. u. s. central bankers announced the federal funds, interest rate will increase buying another 3 quarters of a percent. for the 3rd time in a row, it was an aggressive the widely expected move in an effort to bring down stubbornly, high inflation. still soaring at above 8 per cent. a 40 year high and the u. s. the price of gas is down across the country. but in nearly every other category, the cost of living like food, medical care and rent remains high me while the job market is strong with the unemployment rate at just 3.7 percent. federal reserve chairman jerome powell signal that the central bank will continue to tighten its monetary policy despite the risk of economic pain in the form of job losses, or even a rec

u. s. central bank has raised interest rates by 3 quarters of one percent. its 5th rates hike this year. u. s. borrowing costs are now at the highest since the 2008 global financial crisis. the aggressive program of rights sites aimed to tame rising prices for everything from food to clothing. the fetters as decision on wednesday comes with us in place and persisting at over 8 percent. is fed chairman jerome pow over coming months, we were looking for compelling evidence that inflation is moving down consistent with inflation returning to 2 percent. we anticipate that ongoing increases in the target range for the federal funds rate will be appropriate. the pace of those increases will continue to depend on the incoming data and the evolving outlook for the economy. with today's action, we have raised interest rates by 3 percentage points this year. at some point, as the stance of monetary policy titans further, it will become appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and inflation

u. s. central bank is you to meet later this month to discuss a possible interest rates rate hike. how will these figures affect their thinking? well, the federal reserve is said non stop this week alone, that aggressive rate hikes are coming more high hikes. they're not going anywhere. so that's exactly what venture jerome powell said, and that's what's gonna happen. we're going to see more hikes. they said so it's already priced in the markets. but now the real question is this, if more data like this hits the takers before the feds upcoming re meeting, and i believe it's the 3rd week of september. if more data like this comes out, will the fed then be forced to ease its aggression and just high rates on a lower level, not as hard as $75.00 basis points, maybe 50, maybe a quarter. we'll just have to wait and see. that's the breakdown. james sweeney in new york. thank you very much. thank you. that's head to the united kingdom now where skyrocketing inflation is putting a major strain on the hosp policy industry. the sector had already been dealt a blow when people stayed away dur

u. s. central bank has raised interest rates to the highest level in almost 15 years as it relates to get inflation under control, and is hinted that there may be at least 2 more hikes before the end of the year. id show. castro reports from washington, d. c. u. s. central bankers analysis federal funds, interest rate will increase buying another 3 quarters of a percent. for the 3rd time in a row, it was an aggressive, the widely expected move in an effort to bring down stubbornly, high inflation, still storing at above 8 percent. a 40 year high in the us, the price of gas is down across the country, but in nearly every other category, the cost of living like food, medical care and rent remains high. meanwhile, the job market is strong with the unemployment rate at just 3.7 percent federal reserve chairman jerome howell signal that the central bank will continue to tighten the monetary policy. despite the risk of economic pain in the form of job losses, or even our recession down the road, no one k

u. s. central bank has raised interest rates by 3 quarters of one percent. its 5th rates hike this year. u. s. borrowing costs are now at their highest since the 2008 global financial crisis. the aggressive program of right sites aimed to attain rising prices for everything from food to clothing. the federal reserve decision on wednesday comes with us inflation persisting and over 8 percent. is fed chairman jerome pow overcoming months. we will be looking for compelling evidence that inflation is moving down consistent with inflation returning to 2 percent. we anticipate that ongoing increases in the target range for the federal funds rate will be appropriate. the pace of those increases will continue to depend on the incoming data and the evolving outlook for the economy. with today's action, we have raised interest rates by 3 percentage points this year. at some point, as the stance of monetary policy titans further, it will become appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and i

u. s. central bank raises interest rates to the highest level. mom was 15, is a fight to get inflation under control. russia has released 215 ukrainian prisoners of war in a deal negotiated by takia. ukraine says among them, ah, 108 members of the so called as of battalion, they had surrendered to russian forces in the city if matter, pull back in may off to putting up resistance while hold up inside the as of stoles steel wax along with their families in return, keith has freed pro russian ali gog. victor melva joke and 54 russian prisoners. i dial us, we'll landominium, congratulations on your return, our guys, our heroes. it's good to see everyone. it's nice. after all, the time we've been on the phone, we're proud of you what you've done for our nation and proud of each and every one of you. and i'm very glad that the team got you out of russia, and i'm glad we made the 1st step. you are safe and turkey. it was the 2nd step is of course, to get you home. and in a separate dale negotiated by saudi arabia, 10 foreigners who fought for ukraine u

u. s. central bank has raised interest rates to the highest level since the 2008 financial crisis. key right, just by $75.00 basis points lifting the target range to between 3 and 3 quarter percent. federal reserves, chess as policy makers, are focused on reigning and inflation with going concerns about harsh economic downturn. or overarching focus is using our tools to bring inflation back down to our 2 percent goal and to keep longer term inflation expectations well anchored. reducing inflation is likely to require a sustained period of below trend growth. and there will very likely be some softening of labor market conditions. restoring price stability is essential to step to set the stage for achieving maximum employment and stable prices over the long run. we will keep at it until we're confident the job is done. well now an indigenous group in australia is want to landmark court case broken, energy company from drilling the gas traditional owners in the t we islands argue they hadn't been con

u. s. central bank has raised the interest rates by 3 quarters of one percent. it's the 5th increase this year. the federal reserve is trying to bring the worst inflation and for decades under control. you as borrowing costs are now at their highest since the 2008 global financial crisis that were submitted by new york tom prosecutor is suing former us president donald trump for alleged business fraud. leticia, james says, trump falsely inflated his net worth by billions of dollars to enrich himself and secure favorable loans. her office is seeking $250000000.00 in penalty and for more were now joined by our washington correspondence to me. so misconduct, who eager to see you. so explain to us why the new york prosecutor is suing donald trump instead of filing criminal charges against him. on the call, the attorney general is saying that this financial fraud, which was committed by the former president his family, his organization that this gave her the grounds to file a civil lawsuit and not necessarily a criminal lawsuit. if we look at what she delivered on to

u. s. central bank has raised the interest rates to the highest level in almost 15 years that it tries to bring inflation under control. the key rate jumped by 3 quarters of a percentage point taking the target range to between 3 and 3.25 percent. how did your castro reports from washington? they think us central bankers announce the federal funds, interest rate will increase saying another 3 quarters of a percent. for the 3rd time in a row, it was an aggressive, the widely expected move in an effort to bring down stubbornly, high inflation, still storing at above 8 percent a 40 year high in the us. the price of gas is down across the country, but in nearly every other category, the cost of living like food, medical care and rent remains high. meanwhile, the job market is strong with the unemployment rate at just 3.7 percent. federal reserve chairman jerome howell signal that the central bank will continue to tightness monetary policy despite the risk of economic pain in the form of job losses befo

some central banks in europe, asia and africa have raised interest rates as governments across the world try to bring inflation under control. this comes a day off, the u. s. federal reserve height rates, so the highest level in almost 15 years. but his chief warned the fight against inflation may cause a recession. has your castro reports from washington dc? you are central bankers, announced the federal funds, interest rate will increase buying another 3 quarters of a percent. for the 3rd time in a row, it was an aggressive, the widely expected move in an effort to bring down stubbornly, high inflation. still soaring at above 8 percent. a 40 year high and the u. s. the price of gas is down across the country. but in nearly every other category, the cost of living like food, medical care and rent remains high. meanwhile, the job market is strong with the unemployment rate at just 3.7 percent federal reserve chairman jerome powell signal that the central bank will continue to tighten its monetary policy. despite the risk of economic pain in the form of job losses, or even a recession down the road, no one knows whether this process will lead to a recessio

u. s. move to transfer $3500000000.00 and frozen assets to a swiss base trust. the taliban have demanded the assets be sent directly to the afghan central bank. around $9000000000.00 off countess don's foreign currency held by foreign banks was frozen often the taliban took over a couple last year in august. u. s. government has faced criticism for holding back afghan funds as a country faces wide spread, hunger and poverty. let's go to my county who is live in washington dc. mikes or presumably this fund is based in switzerland to make sure that the taliban doesn't get the cash talk us or exactly how it will work. yes. well let's just go back a little bit in time. when the bided administration throws the money that was being held in the united states which belong to be african central bank, the d b a. that was just over $7000000000.00 in funds. now what happened is that 3 and a half 1000000000 of that was kept to deal with pending cases by the victims of the 911 attacks. the other 3 and a half 1000000000 has now been allocated across to the swiss bank, which will be watched over as it were by us representative a couple of african repre

central asia. ok. so you've got that. i think as far as the u. s. equities and everything else, i think it's, it's a matter of being a being a totally direct um and looking up for a tangible, palpable a poly bon acts that would open it up. and yes, the region on it is a, a cross flow of influence. and, and, um, agenda, all these countries are up there and, and afghanistan hours per it's, it's st. remains the crossroads. i think. one reason that they reach out again is, is the monetary side. it's a recognition, but it is a power on recognition. they live in a tough neighborhood. um and um and that could only get tougher of if there are, if there control ah rigid control. it starts get really, really brittle and, and fracture along the edges and grammar. do you think this could be the perfect moment full key player, such as russia unsigned a to pull of gun is done towards the own fit of influence? well, yes, they've certainly been trying. i spoke to someone who is in a meeting with the chinese foreign minister in kabul, and they were promising a lot

and the afghan central bank was not consulted. we denounced c u. s. decision. the u. s. administration says it's will not release money directly to an afghan institution, as there is no guarantee that civilians will benefits. as the taliban seized power in afghanistan, the u. s. froze around $7000000000.00 of afghan assets. u. s. president ordered to direct $3500000000.00 to finance payments from more suits by $911.00 victims. meanwhile, afghanistan faces a severe humanitarian crisis. on saturday, a hundreds of afghans protested against the u. s. bond to send parts of afghanistan's assets to a swiss bank. demonstrate is waived banners with slogans blame in the us for the humanitarian crisis in the country. and they called for the immediate on freezing of the assets and the prosecution of soldiers who committed war crimes in the country. america won, the americans have no rights to seize or $9000000000.00, and they have violated human rights and of canister. it is unfair if they don't give us our money back. we are a poor country and face a terrible situation to, to ar

the taliban have demanded the assets be sent directly to the afghans central bank. the u. s. state of california is suing online retailer amazon for violating anti trust and competition laws. the seems to keys as a company of preventing merchants from selling products at lower prices on their own websites or at rival stores. those headlines less return to out as their world our ah, a boy, a job with a thought, a number of years with no bob and i'm in them and have been obama. you're going to a young committee if and then when they, when they met to live in 1st with math live in where where there was a model where the model him to hired but mostly for you. i know this sounds good, that help billy knows been believe one of the mess. bad them. i didn't want the mile bought. what a thor has? has isla, i'm familiar with the water, highly hope to good basilica. and it does, if you get to get in get was it means will it when and how that would help it says again, my street, there's a discussion in the most of the stuff i use. however, my young fellow, when i got there and then you

u. s. dollar. the indian rubies depreciation against the greenback has accelerated in the u. s. federal, aggressive interest rate hikes this year. i suspect in the central bank to respond with a 50 basis point to rate hike on friday after today's discussion. that would bring india's key borrowing rate to a 3 year high of 5.9 percent. for more, let's come over to delhi and our correspondent charo car to k, a charo. what outcome do you expect? what's the reserve bank of india likely to do? well, chris r b, i is likely to raise the interest rates once again, and it is likely to be as high as 50 basis points or has been doing it for some months now. it has been going for big rate hikes also taking from global cues because you was said has also been doing so an r b. i sole reason, as that has be, as has been explained to several times by the central bank is the stubborn inflation. the retail inflation in august was the 7 percent and wholesale inflation was over 12 percent and it's been a consecutive 70 months for which holds it. inflation has been double digit, and the retail inflation is also a problem because 4 percent is r b. i ceiling. so it is a 3 perce

u. s. is said to transfer part of cables, assets to a bank in switzerland. the central bank of afghanistan has condemned the decision as illegal full owners of the frozen assets or the afghan people. we have this money for foreign trade payments. the decision of the u. s. to transfer one part of that amount to a swiss bank, establishing an institution, they're to disperse the money to hand it over to some private organisation. setting their own rules for political purposes is totally illegal according to international law. how can they refuse to transfer that money to our central bank? this is a betrayal of the afghan people, the people's will and consent was totally ignored. and the afghan central bank was not consulted. we denounce the u. s. decision. the u. s. as it will not release money directly to an afghan institution, as there is no guarantee that civilians will benefit from it. when it's held up on these power in afghanistan, the us froze around $7000000000.00 of the countries ounces. it has been sold at that 3500000000 be used to funds litigation by 911 victim

central to the u. s. midterm elections this november. and the authoritarian threat, leasing american democracy. and amidst all the throngs of people and violence was an unmistakable religious dimension and went mostly unnoticed. on january 6th, i was on a text chain with several different friends. and as we watch this foot, if we started to comment like did you guys just see that christian flag headed? you guys to see that jesus saves time, seemed very clear that white christian nationalist ideology was motivating and driving a number of these participants. samuel perry, a former evangelical minister, is a professor at the university of oklahoma. is the co author of a new book that uses pulling data to examine christian nationalism, the flag and the cross white christian nationalist was fun to mentally authoritarian and it is anti democratic. it is also conspiratorial, it's actually far more pervasive than many americans understand and potentially could lead us into way a lot of violent political situations. what percentage of the republ

but yet in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between. ready what u. s. officials are doing and what the american people want. european union has drafted upon the for an 8th package of sanctions against russia, promising punishing measures that will bind the mobilization and putting a threat to use nuclear weapons. a full the steps on the escalation pathway determined to make the kremlin pay for this further escalation. so today, we together proposing a new package of fighting sanctions against russia, with a new sanctions list will include restrictions such as a ban on the imports of several russian steel products, as well as the limiting of access to some european services. the biggest measure is the introduction of an oil price cup. some of the policies had been discussed by the years before, but not put in place. the measures aimed significantly reduce the inflow of petro dollars to the russian budget by setting a maximum price on russian fossil fuels, and that would be lower than the r

but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between what u. s. officials are doing and what the american people want. americans, vice president kamala harris accuses china of committing provocations around time. when i'm calling for t p. u. s. ties with the island. china has flexed. it's military and economic might to coerce and intimidate its neighbors. and we have witnessed disturbing behavior in the east china sea and in the south china sea. and most recently, provocations across the taiwan strait. tensions of a tie, one increased as he was house, he can. nancy pelosi visited the island last month. china called the move of provocation and responded with military drills around time one. this month, washington approved more than a $1000000000.00 worth of arm sales to the island, which china considers it sovereign territory. then more recently, joe biden said, washington would defend taiwan with troops at the white house backtrack on that statement. beijing classified those latest moves a

central bank. brown. $9000000000.00 of afghanistan's foreign currency is held by foreign banks and they were frozen after the taliban took over in the cabal last year. the u. s. government has faced criticism for holding back afghan funds as a country faces widespread hunger and poverty. president biden sort of policy of enabling $3500000000.00 worth of at n central bank reserves to be used for that benefit. and the people of afghanistan up keeping them out of the hands of the tower with the afghan. the united states and our partners are following through with that amendment with a concrete step for ensuring that these additional resources will contribute to helping relieve hardship and suffering in afghanistan. in particular, we would like to thank the swiss government for the partnership to ensure this effort would be possible. this fund will protect and preserve the app can central bank reserves while making targeted disbursements to help stabilize. i can't stand the economy and ultimately supported people and work to alleviate the worst effects of the manager in crisis. you crank, president has visited an error in the northeast of the country that has be

u. s. allied a very heavy rain making its way out of central canada through the lakes right across the great place. we've seen some heavy rain recently to the south west of the u. s. slightly clearing away official airline of the journey ah mm. i may go with ah, with ah, this is al jazeera oh.

and the afghan central bank was not consulted. we denounce the u. s. decision that pay crother the u. s. as it will not release money directly to an afghan institution, as there is no guarantee that civilians would benefit from it. when the taliban seized power in afghanistan, the u. s. froze around $7000000000.00 of the countries assets. and it has since ordered that 3500000000 be used to fund litigation by 911 victims. meanwhile, afghanistan faces a severe humanitarian crisis on saturday, hundreds of afghans protested against the u. s. plan to send some of those assets to swiss bank. demonstrators waived banners with slogans, blaming america, the countries humanitarian crisis. they called for the immediate release of the assets and the prosecution of soldiers who committed war crimes and have damaged the bad one. the americans have no rights to seize or $9000000000.00, and they have violated human rights and of canister. it is unfair if they don't give us our money back. we are a poor country and face a terrible situation due to our very low per cap

u. s. is set to transfer parts of afghanistan's national bank in switzerland. the central bank of afghanistan has condemned. the decision is illegal, miss mila had let the rightful owners of the frozen assets or the afghan people. yeah, we had this money for foreign trade payments. the decision of the us to transfer one part of that amount to a swiss bank, establishing an institution there to disperse the money to hand it over to some private organization. setting their own rules for political purposes is totally illegal according to international law. how can they refuse to transfer that money to our central bank? this is a betrayal of the afghan people, the people's will and consent was totally ignored. and the afghan central bank was not consulted. we denounced c u. s. decision make that the u. s. administration says it's will not release money directly to an afghan institution as there's no guarantee that civilians that will benefit from it. as the taliban sees power in afghanistan, the u. s. froze around $7000000000.00 of afghan assets. us presidents then ordered half

but yet in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between. ready what u. s. officials are doing and what the american people want. ah oh, it's her asia now where china's lost outs. busy the u. s. calling it's a quote disruptor of international rules of what he calls washington's interference in the taiwan strait. you go to wood one, china principal is the prevailing consensus in the international community and a basic norm in international relations. speaking of rules, keeping one's commitment is the most basic rule. if the u. s. cannot even keep its own word. how is it in a position to talk about rules and order a country like that can only become a disruptor of international rules without furious respond spies? beijing combs, after us, vice president, pamela harris, accused china of committing provocations around ty, one or former u. s. a. secretary of state, my pompeo called on washington to prevent a quote, chinese century. china has flexed. it's military and economic might, to coerce and i

but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there's a very big gap between what u. s. officials are doing and what the american people want for your opinion has to offset upon for an 8th package of sanctions against russia, promising the punishing measures will bite the mobilization, put in threat to use nuclear weapons, a further steps on the escalation pop. we determined to make the kremlin pay for this further escalation. so today, we're together proposing a new package of biting sanctions against russia. the new thanks and list will include restrictions such as a ban on the imported federal rush and still products as well as the limiting of access to some european services. the biggest measure is the introduction of an oil price cap. some of the policies have been discussed by the u. s. before, but hadn't been put in place. the measure them to significantly reduce the inflow of petro dollars to the russian budget by setting a maximum price on russian fossil fuels as a lower rates than current market levels.

but yet, in america, when it comes to huge amounts of military spending on ukraine and the central focus of u. s. foreign policy, there is a very big gap between what us officials are doing and what the american people want. our terminal position neither free from s has been forced to apologize after he accused cranium refugees of being well faith to us saying that they were simply taking advantage of the germans states social benefit system. those comments, fact outraged in the national parliament, the chatter about social tourism is destroying the social cohesion that we have had so far and supporting ukraine and welcoming refugees. anyone who says something like that has 0 sense of responsibility and empathy. how does it actually fit in with the much vaunted solidarity of the union with ukraine? that frederick murray speaks of social tourism in the context of people fleeing this terrible war of aggression wanting to distinguish yourself by devaluing other people is an instrument right wing popular regularly use. friedrich much knows that to your friends and baset. germany did not waste any ti

u. s. plans to transfer $3500000000.00 of frozen afghan assets to us with bank we hear from couples central bank the decision of the us to transfer one part of that amount to a swiss bank is totally illegal according to international law. and not so happy birthday as the cia marks it's 75th anniversary. we look at the agencies track record of flaws and controversy with just after 10 am here in moscow, and you're watching r t international. i am your host donald quarter. welcome to the program. now we start with the latest developments in ukraine where battles continue in the heart of region. key of previously announced its complete takeover of the city of coupons, claiming russian lead forces had left the eastern part of the city. the fighting is reportedly ongoing, and russian troops are understood to continue to hold defensive lines along the isle school river, which runs through the settlement, controlling the eastern part of coupons. i made battles following a ukrainian counter offensive in the region. ortiz more ad gazda of went from behind from behind the front line to the city of scu