federal reserve, the bank of england, of the european central bank of put up rights by a half percentage point early up the u. s central bank raised interest rates for 7th time this year. how does yo castro reports for washington? the u. s. central bank says it's tough medicine approach to bringing down inflation has been working. and so it is now lowering the dosage. the announced interest rate hike of half a percentage point they'll still big is smaller than the previous 4 increases of 3 quarters of a percent. each federal reserve chairman jerome powell says that the board has seen evidence of us inflation coming down from its 40 year high. the latest consumer price index showed the annual inflation rate was 7 point one percent in november, inflation data received. so for, for october and november show a welcome reduction in the monthly pace price increases. but it will take substantially more evidence to give confidence that inflation is on a sustained downward path. the feds governing board also said no more modest interest rate hikes to come in 2023 and they predicted near 0 g d p growth for the us puzzle.

u. s is making it clear, it would like to see even more pressure in the coming months. james bay's al jazeera of the united nations. the u. s. central bank has raised interest rates for a 7th time this year. the half point increase is its latest attempt to bring down inflation. heidi joke history has more from washington d. c. the us central bank says its tough medicine approach to bringing down inflation has been working. and so it is now lowering the dosage the announced the interest rate hike of half a percentage point will still big is smaller than the previous 4 increases of 3 quarters of a percent. each federal reserve chairman jerome powell says that the board has seen evidence of us inflation coming down from its 40 year high. the latest consumer price index showed the annual inflation rate was 7 point one percent in november. inflation data received so far for october and november show a welcome reduction in the monthly pace price increases. but it will take substantially more evidence to give confidence that inflation is on a sustained downward path. the fed governing board also says no more modest interest rate hikes to come i

u. s central bank could slow its interest rate increases at its next meeting next month.ion vanquished. but if current trends continue, goods prices should begin to exert downward pressure on overall inflation in coming months. finally the labor market raised rates by 75 basis points at the beginning of the month for the fourth straight meeting as it does try to wrestle inflation closer to its 2% target. stocks rallied on wall street today after the remarks by the fed chair, the dow was up 737 points . that's more than 2% the nasdaq surged more than 4% gaining 484 points. the s and p was up 122 points. the major indexes did end the month of november with their second straight month of gains, although they remain in the red for the year, salesforce stock was five plus percent today as there has been a shakeup at the top of the company. salesforce did announce that co ceo brett taylor is leaving and that means mark benioff. is the sole ceo and chair of salesforce. taylor was named co ceo just a year ago, is credited with helping to seal the $28 billion deal to buy slack, wh

u. s. the central bank will i need to know how many dollars there actually are in the market. the issue with this that we're seeing now is they just don't know because you've got this off balance sheet debt, which poses a massive problem because the fed needs to find out number one where that money is, is the most important thing because they've got to send it to someone and also how much they need to print and how does this fake of your average person on the streets? obviously, this effects investors, but we mentioned that some of this money belongs to pension funds. if i were a pension, or should i be concerned by this obsolete, you should be concerned, dr. because this is money that people have been told by their governments, by companies they work for, give us this money and will the cost fit for you. but the issue is that when you are performing the swaps, what's happening is a sovereign nation is essentially placing their own currency as collateral against the dollar. now what happens then is when, if the dollar drop, they get margin calls, what's called a margin, which

u. s. central burke bank to be sent back to afghanistan, but that will definitely depend on whether the afghan got the taliban are willing to install some major reforms. they are giving the world indication today that they are not willing to make any reforms. what kind of impact do you think this will have on the taliban? and on the afghan people, the thought had been through there, 20 years of insurgency had become a fluid insurgency, which is a new sci fi to sub groups that are working under one banner. and for one goal, you would expect them to have transformed and gotten over that phase in the past one and a half years of governance. however, it appears that the hand is not talking to the mouse, no part of the system is talking to the other. and every system takes the decisions it needs to take with stamping from the emitter himself, which is why those who are making the promises a aren't making the decisions to be, are passive and don't take a stand on decisions i heard up on a sponge, know that we spent months arguing over the federal reserves, tried to find a mechanism for it to be rele

u. s. is central bank. well, i need to know how many dollars there actually are in the market. the issue with this that we're seeing now is they just don't know because you've got this off balance sheet debt, which poses a massive problem because the fed needs to find out number one where that money is, is the most important thing because they've got to send it to someone and also how much they need to print and how does this effect of your average person on the streets? obviously, this effects investors, but we mentioned that some of this money belongs to pension funds. if i were a pension or should i be concerned by this? absolutely, you should be concerned drive because this is money that people have been told by the governments, by companies they work for, give us the money and will the cost for you. but the issue is that when you're performing the swaps, what's happening is a sovereign nation is essentially placing their own currency as collateral against the dollar. now what happens then is when, if the dollar drop, they get margin calls, what's called a margin, which bas

u. s. sees around 3 and a half $1000000000.00 from afghanistan central bank last year as it withdrew its forces from the water and central asian country, saying it didn't want the taliban to get the money. yes for them, jo boynton has said some of the funds should compensate the families of victims of the 911 terrorist attacks. but many of the potential recept reciprocals have spoken out saying the money should be returned to afghanistan to help it cope the devastating humanitarian crisis. for in 2 decades of us occupation, olga alive, amount to an independent political. alice are found rubin i was on a thanks so much for joining us here at archie. now, what do you think the u. s. is so reluctant to return those funds to afghanistan? well, i'm struggling to find a logical reason. there is a fund called the african fund which is run by officials and i think it's run from switzerland. however, one of the officials is american. so, so long as the american official continues to uphold the american line, the funds will not be released. and of course, the american line is dictated by biden's e

u. s. federal reserve has led the way with another round of interest rate hikes with the european central bank on the bank of england expected to follow later. today in the us rates are going up by half a percentage points with the fed indicating that further hydro are on the card. it's the 7th time this year, the central bank has raised borrowing cost. those policy makers rush to bottles soaring inflation. the policy move is a big concern for countries like india, who's emerging economies are heavily influenced by the strength of the dollar. for more in this, let's talk to cherry at carter k from d. w is asia department. sorry. good to see. maybe you can explain to me why our interest rates high in the us, or even in europe, a source of concern for emerging economies like india. right. good. so here's what happens is when the u. s. fed hikes, it the interest rate, the difference between the interest rates in india and the interest rates in the us . it shrinks. now this matters a lot for foreign investors because usually emerging markets give better returns than developed markets. but when a d

u. s. dollar, it's stronger now than it's been for 2 decades. that's because of the federal reserve with the central bank raises interest rates. it makes the greenback more appealing to investors around the global, but the global economy is teetering on a cliff edge than it fears mount of a world wide recession. dollars a scene is a safe place to hold your money. now, this shows how the doll has been doing against nearly all other g. 20 economies. over all the picture seems pretty good. the greenback rallied around 19 percent in 2022. the dollar is still strong, even though the u. s. economy has been weakened by the coven pandemic, and a threatening global recession. it's be going a lot going up things too aggressive rate hikes by the federal reserve, economic issues overseas and geopolitical uncertainty from the war in ukraine. but there's one big stand on the dollar versus the russian rouble. we're going to get into that later on to discuss all of this and join now by francesco, papa. dia francesco is former director general for market operations at the european central bank. he's also currently a seni

cap policy backfires. european central bank has also wanted the continent is placing self at financial risk when importing energy for more expensive produces light. the u. s. international angie agency has also sounded the alarm if pipeline imports to the european union from russia dropped to 0 in 2023 and chinese l. n. g demand rebounds to 2021 levels than the european union faces a serious supply demand gap opening up in 2023. the additional investment required to implement the actions described in this report is around $100000000000.00 euros . the coming year presents clear risks to energy security in affordability in europe and beyond all a number of top european officials, including the french presidents and germany's economy minister, have blamed the sky high prices on american energy impulse. it over the, i think book in the spirit, a great friendship. we will say to our american and norwegian, friends, your super you surprised with energy and gas? is it, but one thing that can go on for too long is us paying 4 times more than the price you sell to your industry. that is not exactly the meaning of friendship. some countries, even friendly ones, are

u. s. markets have been shocked by the federal reserves decision to further raise interest rates amid record inflation and escalating fears. of recession, while the central bank claims it's trying to stabilize the economy, it's chief admitted. there's no telling if the measures will actually work. i don't think anyone knows whether we're going to have a recession or not. and if we do, whether it's going to be a deep one or not, we understand the hardship that high inflation is causing. and that we are strongly committed to bringing inflation back down to our 2 percent goal. what we're doing now is, you know, it's raising interest rates for people and so people are paying higher rates on mortgages and that kind of thing. i wish there were completely painless way to restore price stability. there isn't and this is the best we can do. the us inflation rate is measured by the so called consumer price index, but the method has long raised many concerns. originally, the index was based on the price of a fixed selection of goods. however, the u. s. congress changed a method of calculation to reflect the average cost of living critic say this system allows washington

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021, it proves nearly $10000000000.00 in assets belonging to the african central bank. women say the still suffering. please don't, but more sanctions in afghanistan did each sanction you put on we are having to result. i mean, when i say we, it's women who are like they are eliminating women. they are giving us why then each time many women say they were shocked by the announcement. i was really shocked. i couldn't believe that there was some rumors that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finance and the want to let these guys graduate for the moment, sees like this. women walking to university hoping to shape their career paths. we'll stop for the foreseeable future. laura con al jazeera well cut our didn't the only build road stadiums and metro stations for the world capital so invested millions of dollars in its museums and art galleries. lexia bron looks at how and why the tormentors help the arts in the country. aah! cutter transformed into a vast outdoor up museum. the small gulf natio

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021, it proves nearly $10000000000.00 in assets belonging to the african central bank. women say this still suffering please dont but more sanctions than have canister did each sanction you put on we are having to result. i mean when i say we, it's women who are like the are eliminating woman. they are giving us why then each time many women say they were shocked by the announcement i wasn't any shocked. i couldn't believe now. there was some rumors that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finance and they want to lead these guys graduate for the moment, sees like this women walking to university hoping to shape their career paths will stop for the foreseeable future. laura con al jazeera, australia and china have agreed to more high level talks on trade, human rights and security. australia is foreign minister penny wong is in beijing to try to amend relations between the countries as the 1st visit our top australian diplomat in 4 years. relations between beijing and cambra have been strained

u. s. and nato military bases, with some 15 and a half 1000 us troops ah, test conditions to be free from usa. the 2nd condition is to be free from central bank of europe and european european union. i think that europe has to come back to be united. russia because russia is europe, now a channel. okay, very neat. you. sure. one moment though, that is on a some and he's also if you're still there, when you're 40 and the question what you think when you're going to write, i'm a product with somebody that's funny. and so you bet. are you the most of the stuff mom used on the most surprising monkey with for journalist steel, job yankee is finally in moscow. today he's conducting an exclusive interview with maria as the hava, the russian foreign ministries official spokeswoman the the one thing that federal money. i left the meat of my swim, yvonne there. i was stealing a few me at florida. you'd be still get you out on might on may june me a bill for 40 sagal. ah, yes. can you be a should it be a day for letter from believe you. so the little grumpy we drove means every one of elderly, but assuming it were live and love it a big i'm yellow at th

and as central banks across the world increase interest rates are to fight inflation. what happens is that all the money is now flowing to the u. s. dollar. and it's flowing out of the sky assets such as crypto, such as stock market. so if you look at the stock prices of microsoft, of amazon, of, of, you know, snap of facebook meta, they're all down by 60 percent. so bitcoin is altered on by 60 percent. so it's not too bad. i think of and you have the tech companies that have been in business from you know, 20 years down by 40 percent and became as roughly the same. so the price of bitcoin has got nothing to do with the proposition that bitcoin actually delivers. raja wanted to ask you before i let you go and it's so good to have you on the program with us tonight here on our international. so thanks again for joining us there. i wanted to ask you though, there are people out there, some would call them conspiracy theorists or the others would call them quite the opposite. but some people say that the, the western economy is facing a looming collapse that fear currencies are almost at the dodo but they're, they're, they're a dead

u. s. and nato military bases with some 15 and a half 1000 you troops. ah. the test condition is to be free from usa, the 2nd conditions to be free from central bank of europe and european european union. i think that europe has to come back to be united with the rush because russia is europe now felt input on think and if you any channel. okay, very nice. you chosen ornament though that is on s. okay. those are some, an author image that will sit there when you're 40, i think with somebody when, if one thing right, i'm a product was the money that's funny and subtle. better. you bet. are you the last of admiral castile. madame east, on the most pleasant monk, if anyone federal said fortune austin, which television journalist, geology, yankee is finally in moscow. today, he's conducting an exclusive interview with maria. however, the russian foreign ministries official spokeswoman little under your foot. on monday i left the meat of my former banker. i was stealing a few me up water. you'd be still get you out on might on may june me a bill for the sagal. ah, music media. should it base of it a 4 letter from believe you. so the local ship run big we draw me

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021. it proves nearly $10000000000.00 in assets belonging to the afghan central bank. women say this still suffering. please don't, but more sanctions in afghanistan did each sanction you put on we are having to result. i mean, when i say we, it's women who are like they are eliminating women. they are giving us. why isn't each time many women say they were shocked by the announcement? i was shocked. i couldn't believe that there was some rumors that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finals. and they wanted these guys graduate for the moment, sees like this. women walking to university hoping to shape their career paths will stop for the foreseeable future. laura con al jazeera of these 5 children have died in monsoon floods and easter malaysia. tens of thousands of people have been forced from their homes. flawlessly reports from cough about gallon pennington gun. you are the worst affected areas with the majority of people who've been displaced by floods coming from these 2 states. now wh

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021. it proves nearly $10000000000.00 in assets belonging to the afghan central bank. women say this still suffering. please don't, but more sanctions in afghanistan did each sanction you put on we are having to result. i mean, when i say we, it's women who are like they are eliminating women. they are giving us. why isn't each time many women say they were shocked by the announcement i was any shocked i couldn't believe now. there wasn't rumors that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finals and they won't let us graduate for the moment. sees like this. women walking to university hoping to shape their career paths will stop for the foreseeable future. laura con al jazeera, peruse president dina bell o r t a has carried out a major cabinet reshuffle. the appointments include a new prime minister and finance chief. it came hours after she won the approval of congress to bring forward elections to 2024. protesters have been demanding early polls and 2 weeks of unrest following the impeachment

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021, it proves nearly $10000000000.00 in assets belonging to the afghan central bank. women say this still suffering, please don't, but more sanctions in afghanistan did each sanction you put on. we're having to result. i mean, when i say we, it's women who are like they are eliminating women. they are giving us. why isn't each time many women say they were shocked by the announcement i was any shocked i couldn't believe now. there were some rules that are going to ban goes from attending universities. but we didn't know that this will happen in the middle of the assignments, and they won't let us graduate for the moment. seems like this women walking to university hoping to shape their career paths will stop for the foreseeable future . laura con al jazeera, a french serial killer portrayed in the t v series. the serpent is to be freed from an nepalese prison after a court ruling. charles abroad has been held in a high security jail in the pool since 2003 when he was convicted for the murders of american and canadian backpackers. a court ordered his release, but as a

u. s. also failed on its promised to use economic tools as leverage to moderate the taliban. in 2021. it proves nearly $10000000000.00 in assets belonging to the afghan central bank. women say this still suffering by advent one feeling that but that in shallow afghan women are in fact in the worse situation. everything is very difficult for them. that personally from me as a girl, i have lived these 2 or one and a half years as the worst years of my life. they were indeed very difficult for me . let us allies indiana. okay, awesome. i saw me to her used weird international community to support us and negotiate with the taliban to allow us to continue our studies studying as my only passion and i love to study. many women say they was shocked by the announcement. i wasn't any shocked. i couldn't believe now, there were some rules that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finals. and they want to let these guys graduate for the moment, sees like this. women walking to university hoping to shape their career paths will stop for the foreseeable future. laura con al jazeera ah, let's bring in

u. s. is absolutely has no interest in peace and diplomacy or negotiation. they are all about aggressive us war planning. they want nato expansion official or unofficial employees of the european central bank have been left fuming after authorities rejected their demands for a pay rise to keep up with inflation. we're not happy with inflation in germany and the euro area likely around 8.5 percent. this year, a lack of a pay rise means a substantial loss and push since our this is damaging workers morale and also their trust towards the institution. while the workers wanted a pay rise of just over 4 percent, but the current inflation rate in the e use largest economy, germany has been reported around twice that level approaching 10 percent. really. this gives a stark imagery of what is happening there on earlier. my colleague peter scouts spoke with financial technology entrepreneur, chris ends who noted that the same institutions which essentially created inflation in the 1st place. the banks are neither one suffering. so well, the funny thing is, although not for the stuff is the, you know, the c, b missed its own inflation target on its employees. now seem to be paying for it. do you thi

u. s. dollar the euro, the yen, the pound in international change could be jeopardized. but then you as then it comes to that big, big question. the central bank of the russian federation never made a move prior to february 24 to bring all the money back. and they haven't made an effort on the 25th of february. why do you think that us it's either you have the, it's, i don't have answers, but have questions. one question is because president put the government here, felt that whatever they were going to do, they were going to be able to get the money back. second is that if they tried to start bringing it back, even if they done in january, it would have been a signal and perhaps sanctions could have started earlier. you know, sort of pre sanctions. i say ok. and then the 3rd is that it's a cost of doing business. so we're, you know, it is what it is. but here's what's going to be a spectacular political moment. if this gets to a negotiated to a cease fire, something else within president biden's term. and if they don't want to touch this central bank money, at some point, the secretary, the treasury, is going to send a wire transfer $38000000

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021. it proves nearly $10000000000.00 in assets belonging to the afghan central bank. women say this still suffering. please don't, but more sanctions on afghanistan did each sanction you put on we are having to result. i mean, when i say we, it's women who are like they are eliminating women, they are giving us why. and each time many women say there was shocks by the announcement. i was really shocked. i couldn't believe that there was some rumors that are going to ban goes from attending universities, but we didn't know that this will happen in the middle of the finals. and they wanted these guys graduate for the moment. sees like this women walking to university hoping to shape their career paths will stop for the foreseeable future . laura con al jazeera, tens of thousands of ambulance workers in the u. k. a striking overpaid dispute public has been told to take extra care and the armed forces were called in to help with emergencies in foreign strike action on tuesday when almost a 100000 nurses walked off the job for the 2nd time this month. journal reports from

u. s. also failed on its promised to use economic tools as leverage to moderate the telephone. in 2021, it proves nearly $10000000000.00 in assets belonging to the uk gun central bank. women say the still suffering. please don't, but more sanctions in afghanistan did each sanction you put on we are having to result. i mean, when i say we, it's women who are like the are eliminating woman. they are giving us. why isn't each time many women say they was shocked by the announcement? i wasn't any shocked. i couldn't believe that there was some rumors that are going to ban goes from attending universities. but we didn't know that this will happen in the middle of the finance, and you want to lead these guys graduate for the moment, sees like this women walking to university hoping to shape their career paths will stop for the foreseeable future. laura con al jazeera, i began be, as government says, it's stopped a coup attempt that says some members of the army were planning the overthrow on tuesday. for soldiers have been arrested with the searches on for 3 alleged accomplices in a statement. the government said the situation is under control. peruse no president, dina,