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July 7, 2024
lets get down to business now. in just a few hours, the federal reserve — americas central bank — will make a decision on interest rates. its pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more th...
July 7, 2024
good afternoon and welcome to the bbc news at one. energy bills for businesses are to be cut by about half their predicted level, in a package of measures unveiled by the government. the wholesale cost of gas and electricity is to be capped for non—domestic customers from first octoberfor six months — in an attempt to stop companies from going bust. hospitals, schools and places like community halls and churches will also receive the support. industry groups welcomed the package �...
July 7, 2024
they got him. and got more including the deadline from the review well past. today having gotten what they wanted they were called onto do something theyve notably not done in any court filing or proceedings so far, namely back up what their clients and allies are suggesting saying these documents were declassified. for the governments part today they signaled their willingness to take this all the way to the supreme court. jessica schneider starts us off and joins us now. lets talk ab...
July 7, 2024
response to that ultimatum from the special master. when he said he might have no choice but to accept the governments claims that 100 of those documents are classified, if trumps team doesnt step up with the proof that the former president declassified them. and thats really something that trumps legal team has resisted repeatedly asserting both in person and in court and in legal filings. so we saw a filing last night and they said that they might have to save any evidence of declass...
July 7, 2024
announce another big interest rate hike spurring fears of a recession. hello, and welcome. its wednesday, september 21st. 9 a.m. here in london. 11 a.m. in moscow where were following a potentially drastic escalation of russias war on ukraine. vladimir putin is ordering a partial mobilization to boost his military fight. the russian president says it begins today. those in the reserve and with previous military experience will be subject to it. cnns covering the story from every angl...
July 7, 2024
is a partial mobilization. >> putin also made an ominous pledge to use all means to, in his words, defend his country. >> translator: this is not a bluff. the citizens of russia can be sure that the territorial integrity of our homeland, independence and freedom will be ensured and those that try to black mail us with nuclear weapons should know that the prevailing winds can turn in their direction. >> reporter: putins rare national address comes amid a fierce counter offensive from uk...
July 7, 2024
fiona pick cnn is on the ground in puerto rico to show you the path of destruction. live, from cnn center, this is a cnn newsroom, with rosemary church. >> thanks for being with us. we are following new developments out of moscow. vladimir putin is ordering a partial mobilization in russia to support his invasion of ukraine. the russian president says it begins today, and people in reserves, and those who have previously served in the armed forces, will be subject to conscription. le...
July 7, 2024
country. >> translator: this is not a bluff. the citizens of russia can be sure that the territorial integrity of our homeland, independence and freedom will be ensured. and those who try to blackmail us with nuclear weapons should know that the prevailing winds can turn in their direction. >> of course these comments come against the backdrop of the u.n. general assembly here in new york. the war on ukraine dominating those conversations. president biden is set to speak in a few hours...
July 7, 2024
escalation of the war in ukraine, announcing the mobilization of some 300,000 russian reservists and threatening a nuclear attack in clear and disturbing terms. >> translator: this is not a bluff. the citizens of russia can be sure that the territorial integrity of our homeland, our independence and freedom will be ensured. and those who try to blackmail us with nuclear weapons should know that the prevailing winds can turn in their direction. >> now global leaders are responding to th...
July 7, 2024
is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until ...