World Rowing Cup - how to watch on the BBC

European Central Bank Cuts Interest Rates

European Central Bank , Cuts Interest Rates. The action was confirmed on June 6 at the central bank's meeting, CNBC reports. . The European Central Bank's (ECB) key rate will go from 4% down to 3.75%. The ECB Governing Council issued a statement. Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, , ECB Governing Council, via statement. ... it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady, ECB Governing Council, via statement. This is the first time that interest rates have been cut since September 2019. . Updated macroeconomic projections indicate that 2024's "annual average headline inflation outlook" has been increased from 2.3% to 2.5%, CNBC reports. For 2025, it was raised from 2% to 2.2%. The projection for 2026 stayed at 1.9%. The ECB's next meeting is in July, where another rate cut is unlikely, experts say. The slight upgrade to the inflation forecast was to be expected, inflation has been printing a little bit hotter than markets were expecting, but in terms of the timing of the next cut I’d still be looking to September, Dean Turner, chief euro zone economist at UBS Global Wealth Management, to CNBC. Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year. Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year. Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year. The U.S. Federal Reserve continues to battle America's rate of inflation.

French military in Ukraine would be 'legitimate target' for Russia: Lavrov

Russia's foreign minister Sergey Lavrov also dismissed the Ukraine peace security conference due to take place in Switzerland in July, while touring Africa.

Zelenskyy promotes Ukraine peace summit in surprise visit to Philippines

During his visit to Manila, the Ukrainian president said that Russia is using Chinese diplomats to dissuade countries from attending the upcoming peace summit in Switzerland.

Biden's absence at peace summit will be a 'standing ovation' for Putin, warns Zelenskyy

US President Joe Biden has not yet confirmed whether he will attend the upcoming peace summit in Switzerland.

I did not know he was going to Switzerland to die

Every year dozens of British people travel to clinics there to end their lives, in a way they see fit. But now ITV News has seen evidence which appears to show one such clinic flouting Swiss guidelines - and the devastating consequences that can have. Alastair Hamilton was just 47 when he told his family he was going to Paris on holiday. He was actually flying to Switzerland. ITV News helped Alastair's mother and brother retrace his final days... and they wanted to share their devastation. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn