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Added on the 10/03/2012 20:08:31 - Copyright : Auto Moto EN
The Bank of England holds its interest rate at a 16-year high, insisting it was not yet the right time to cut with inflation staying high despite a fall to just above three percent. "That's encouraging. But we are not yet at a point where we can cut bank rates," he tells a press conference. IMAGES
"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE
"I still have more high probability for 2024 to break the record," explains the World Meteorological Organization's (WMO) chief of climate monitoring, Omar Baddour, during a presentation of the annual State of the Climate report. "January was the warmest January on record (...) we have already signs of going through a very warm year in 2024," he adds. SOUNDBITE
Hundreds of people in the southern Nigerian city of Lagos protest the high cost of living in the country as part of a nationwide call to demonstrate by the Nigerian workers union. IMAGES
Spanish firefighters battle a huge blaze raging through a multistorey residential block in the eastern port city of Valencia, with flames and black smoke engulfing the building. Spain's emergency services say the fire started on the fourth floor and has rapidly spread since. IMAGES
Stella Assange, wife of Julian Assange, arrives at a British High Court on the second day of a two-day hearing for the Wikileaks founder's final UK appeal against extradition to the United States. Washington indicted the Australian multiple times between 2018 and 2020 over WikiLeaks' publication of secret military and diplomatic files on the US-led wars in Iraq and Afghanistan. IMAGES
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