around 0.32%. some reprieve, but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now it is a logistical rerouting, what we re seeing, and not kind of that panic and fear that we re going t
mobilization plan. more than 1300 detained. and, how global markets are reacting to get another big interest rate hike by the u.s. federal reserve. lives, from cnn center, this is a cnn newsroom, with rosemary church. thanks for being with us. legal troubles are mounting for former u.s. president donald trump as he faces a new lawsuit and an unprecedented number of investigations. a federal appeals court dealt trump the latest blow, ruling the justice department can resume its criminal investigation, and review of classified documents, seized from his mar-a-lago home during an fbi search. that, coming hours after the new york attorney general announced a sweeping civil lawsuit against trump, three of his children and the trump organization. they are accused of staggering fraud, deceiving lenders by inflating the value of assets. trump reacted swiftly, saying a disclaimer was included on load applications. is basically so subduing institution, you want to loan money, y
rate by 3/4 of a percentage rate and we expect ongoing increases will be appropriate. hello and welcome. thursday, september 22nd. 9 a.m. in london. 4 a.m. in washington and new york. he faces a new lawsuit and unprecedented number of investigations. it ruled the justice department can resume the criminal investigation and review of classified documents seized from his mar-a-lago home and resort during an fbi search. that coming hours after the new york attorney general announced a sweeping lawsuit against three of trump s children and trump himself. they re accused of staggering amounts and they say the disclaimer was included on loan applications. it basically says to an institution. you are going to loan money, you have to make sure you get your own appraisers, own lawyers, everything. these are banks that have the best lawyers in the world, shawn. by the way, they got paid back. just so you know. everything was paid back? nobody got harmed? i never got a default.
detained across russia for protesting president putin s partial mobilization of reservists to reinforce his troops fighting in ukraine. also a sharp rise in the demand for flights out of moscow. prices have doubled and tripled for one way fares, direct flights to places that do not require russian visas are sold out through friday at least. joining us now with this new reporting on russia s internal military strife, katy bowe, this is fascinating what you revealed from your sources. tell us about this division inside the russian military. yeah. so over the last ten days we have seen the ukrainians exceed all expectations with the counter offensive and put the russians on the defense in the northeast and south. there hasn t been a lot that russia has been able to do to counter these ukrainian advances. and part of the reason, my sources are telling me, is that the russian military is really divided internally over what the strategy should be here to push back on ukraine, w
in the senate, house republicans are now raising the stakes. we re going to have a plan to secure america s border. house republicans are rolling out their solution to the border crisis. republicans have a plan for a new direction. today g.o.p. conference members got a private, first-hand look at the plan inside minority leader kevin mccarthy s commitment to america agenda. a legislative road map similar to former speaker newt gingrich s 1994 contract with america. on the border, the g.o.p. plans to end catch and release. reinstate the remain in mexico policy. and finish the border wall. democrats are already hitting back. i m not concerned with anything that they are going to present over the next few days because the american people will see through it clearly. democrats are under pressure to do something about migrants being bused to sanctuary cities. but talks on immigration reform are stalled on capitol hill. and congress is just eight days away from a governme