Australia's Economic Growth Isn't Meeting Expectations

Treasurer Jim Chalmers says he's confident the worst of inflation is behind us. Annual rate of inflation was 7.4% in January, down from 8.4% last month. But Australia's economic growth isn't meeting expectations and rising interest rates have a lot to do with that. Nigeria has named its new President Claire ruling party candidate Bola Tanubu as leader after polling closed on Sunday.