Oliver Conway

You're listening to the Global News Podcast from the BBC World Service. Hello, I'm Oliver Conway. This edition is published in the early hours of Saturday, the 5th of April. President Trump calls for a cut in interest rates, but the head of the US central bank suggests that won't happen as trillions of dollars are wiped off global markets.

You're listening to the Global News Podcast from the BBC World Service. Hello, I'm Oliver Conway. This edition is published in the early hours of Saturday, the 5th of April. President Trump calls for a cut in interest rates, but the head of the US central bank suggests that won't happen as trillions of dollars are wiped off global markets.

Ukraine says a Russian missile strike has killed 16 civilians in President Zelensky's home city. And the best-selling video game Minecraft hits the cinema screens. Also in the podcast, the Tanzanian diet that can boost the immune system.

Ukraine says a Russian missile strike has killed 16 civilians in President Zelensky's home city. And the best-selling video game Minecraft hits the cinema screens. Also in the podcast, the Tanzanian diet that can boost the immune system.

And does a whiff of power surround the French president? When he announced his new tariffs earlier this week, President Trump called it Liberation Day. Critics said Liquidation Day would have been a better name and investors continue to dump stocks on Friday. Some financial markets recorded their worst falls since Covid.

And does a whiff of power surround the French president? When he announced his new tariffs earlier this week, President Trump called it Liberation Day. Critics said Liquidation Day would have been a better name and investors continue to dump stocks on Friday. Some financial markets recorded their worst falls since Covid.

During the day, China announced it would match the 34% additional tariffs imposed by the US, sparking fears of a global trade war. Donald Trump said China played it wrong, they panicked, and he would never change his policies. But he did make a plea for the US central bank to cut interest rates. The response from Jerome Powell, chairman of the Federal Reserve, suggested that would not happen.

During the day, China announced it would match the 34% additional tariffs imposed by the US, sparking fears of a global trade war. Donald Trump said China played it wrong, they panicked, and he would never change his policies. But he did make a plea for the US central bank to cut interest rates. The response from Jerome Powell, chairman of the Federal Reserve, suggested that would not happen.

Jerome Powell talking to business journalists. I asked our business correspondent Mark Ashtown why the president was pushing for a cut in interest rates.

Jerome Powell talking to business journalists. I asked our business correspondent Mark Ashtown why the president was pushing for a cut in interest rates.

Now, investors and traders also appear to have been surprised by the scale of the impact of this. Just take us through what's been happening on the market. I think so.

Now, investors and traders also appear to have been surprised by the scale of the impact of this. Just take us through what's been happening on the market. I think so.

Our business correspondent, Mark Ashdown. So how is all this going down in the US on what they call Main Street? Neda Tawfiq has been speaking to people in New Jersey.

Our business correspondent, Mark Ashdown. So how is all this going down in the US on what they call Main Street? Neda Tawfiq has been speaking to people in New Jersey.

That report from New Jersey by Netta Taufik. In recent days, there have been hints that the US may be willing to put more pressure on Russia to agree a ceasefire in Ukraine. At the weekend, President Trump said he was angry with Vladimir Putin. And on Friday, the American Secretary of State Marco Rubio said the US was not going to fall into the trap of endless talks with Russia.

That report from New Jersey by Netta Taufik. In recent days, there have been hints that the US may be willing to put more pressure on Russia to agree a ceasefire in Ukraine. At the weekend, President Trump said he was angry with Vladimir Putin. And on Friday, the American Secretary of State Marco Rubio said the US was not going to fall into the trap of endless talks with Russia.

However, for now, Russian aggression continues. Ukraine said 16 people, including six children, died from a Russian missile strike on a residential area of President Zelensky's home city, Krivyi Rih. I heard more about the attack from our Ukraine correspondent, James Waterhouse.

However, for now, Russian aggression continues. Ukraine said 16 people, including six children, died from a Russian missile strike on a residential area of President Zelensky's home city, Krivyi Rih. I heard more about the attack from our Ukraine correspondent, James Waterhouse.

Yeah, I mean, is there any sense in Ukraine that US patience might be starting to run out with Russia?

Yeah, I mean, is there any sense in Ukraine that US patience might be starting to run out with Russia?