Page 535 - Trajectory News Today

Well, lets just start with whats happening around the world at the moment. we think, for the first time since records began 30 years ago, theres actually been a rise in extreme poverty in the last 12 months. so the combination of covid disruptions, the war in ukraine, rising prices around the world, has actually led to a great reversal in that general decline in extreme poverty. hang on a minute. thats an important phrase — a "reversal". it could be a blip because it is important to emphasise ...

Danny sriskandarajah, welcome to hardtalk. thank you, stephen. lets start with those two different ways of looking at whats happening to the worlds poorest people. one in 20, almost, still suffering extreme poverty, even as global poverty rates decline do you think that the aid system is failing those people? well, lets just start with whats happening around the world at the moment. we think, for the first time since records began 30 years ago, theres actually been a rise in extreme poverty in t...

And the full faith and credit of the u.s. government is hanging in the balance because republican s demanding fiscal responsibility. will you all hold the line? u >> are you confident that will happen? im confident because i know a r one thing that our conference will not do. we will not raisfee the debtrenc ceiling, simply just raise it n with no savings, with no change in policies. with no direction to change the trajectory that puts us on t a path to balance. had a wew, we had a conference to...

It will be more than a month late. i dont think joe biden going into the state of the union next week does not have a game plan. none of the democrats do. they didnt even introduce a budget last year, the democrats, in the senate for instance. >> harris: they know they dont have to. there is no pressure. >> there is no pressure, yeah. thats why i think america is saying were on the wrong track. we are concerned about the debt ceiling and concerned about the trajectory because there is no game pl...

That the aid system is failing those people? well, lets just start with whats happening around the world at the moment. we think, for the first time since records began 30 years ago, theres actually been a rise in extreme poverty in the last 12 months. so the combination of covid disruptions, the war in ukraine, rising prices around the world, has actually led to a great reversal in that general decline in extreme poverty. hang on a minute. thats an important phrase — a "reversal". it could be...

Do you think that the aid system is failing those people? well, lets just start with whats happening around the world at the moment. we think, for the first time since records began 30 years ago, theres actually been a rise in extreme poverty in the last 12 months. so the combination of covid disruptions, the war in ukraine, rising prices around the world, has actually led to a great reversal in that general decline in extreme poverty. hang on a minute. thats an important phrase — a "reversal"...

Widely expected to hike interest rates again. but this time by just a quarter of a point. this would be the smallest hike since the central bank began its cycle last march. >> joining us now is the federal reserve and economy reporter for the "new york times." jenna, they are still happening, but its coming down. are we coming to the entd of the fed tightening rates? >> that is the question everybody would like to know the answer to. we should get some hints a about that today. the chair gives t...

We have five more months. i just walked out having an hour conversation with this president that i tell you in perspective was a good conversation. no agreements. no promises except we will continue this conversation. i want to continue it on behalf of the american people, on behalf of the parents, on behalf of every taxpayer here that we put ourselves on a trajectory that makes america stronger, security and balanced. yes, sir. >> mr. speaker, what credibility do you conservatives and republica...

We will continue to do that. >> american parents raised their kids across this country right now. they see this national debt at $31 trillion growing and growing. theyre worried their kids future will be buried in debt. >> i tell those parents thats why im here. to make sure their children dont have and continue this debt. if we continue this trajectory were on, well spend $8 trillion just on interest. just on interest. $8 trillion on interest. what that means though, too, because of the spendin...

Trajectory. youd have to cut about $7 trillion. that would wreck the economy. you cant do that. politically its toxic. waste, fraud and abuse sounds great. why? members does like to talk about cutting entitlements. its the third rail of american politics. >> neil: where do we go with this? i remember 2011. s&p down graded our debt not because we went to the brink but because we came close. they were not impressed that that was the performance of a triple a rated nation. they knocked us down a pe...