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that's according to the think—tank, the high pay centre — who have calculated that the average pay of top bosses will overtake the average full time workers annual pay by 1300 gmt today. joining me now is susannah streeter. happy new year. anybody looking at those and struggling on an annual salary of 34,963, the average, will be aghast. take a through the figures. be aghast. take a through the fiaures. . , be aghast. take a through the fiaures. ., , ., , be aghast. take a through the fiaures. . , ., ,, figures. it really does stick in the craw, figures. it really does stick in t...

situation room." happening now, breaking news, the first deaths are reported from a powerful earthquake that flattened homes and unleashed a wall of water in japan. stand by for new images and information on the massive 7.5 quake and its aftermath. also this hour, at a critical moment in israel's fight against hamas, the nation's high court striking down a key part of a controversial government plan to limit the power of the judiciary. the unprecedented decision now threatening to fan par time tensions and division. plus, 2024 is here. the first presidential votes are now just ...

morning. "morning joe" starts right now. ♪♪ it's the top of the hour. welcome to "morning joe." it is tuesday, january 2nd. happy new year, everybody. israel's ground offensive in gaza is entering a new phase. the israeli military has plans to pull back some troops and shift to more localized operations. we're going to go through that development and the escalating tensions in the red sea. plus, a damning, new report on the intelligence failures by the israeli military. "new york times" investigation found there was no battle plan for a massive hamas invasion that they were w...

correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data...

good morning it our viewers in the united states and around the world. i'm kasie hunt. it is tuesday, january 2, 2024 and we begin with breaking news. japan airlines plane bursting into flames as it touched down at haneda airport according to nhk. cnn's will ripley is live for us in tokyo. will, this just happened. information still coming in. what can you tell us at this hour? >> reporter: the headline here is that all nearly 400 people on board this plane, as horrific as the pictures look, they walked away. they evacuated safely after what appears to be some sort of a collision bet...