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us now from new york. good evening, connell. good evening, bret. the dow after four downed days in a row now finds itself at lowest level since november of 2020. now, investors have pretty much concluded at this point as interest rates rise that the economy will have trouble growing. not just here in the u.s. but all around the world. one of those days on wall street where it was sell first and ask questions later in a friday session. all the worries seem to be magnified right now in the minds of investors from the war in ukraine to the energy crisis in europe. but, really more than anything, it s the higher interest rates that we are seeing in the u.s. but also in places like britain, sweden, switzerland and norway. the day started with a report showing a sharp decline in european economic activity, which raises the risk of recession over there and the new government in the u.k. led by prime minister liz truss now unveiled a plan for tax cuts that really was not well ....
live from atlanta, this is cnn newsroom with kim brunhuber. u.s. president joe biden is expected to land in south korea next hour to begin his very first asia trip as president. he ll spen most of the weekend in the country holding talks with the new south korean president before heading to japan, where he ll be meeting with japan s prime minister as well as indian and australian leaders. officials say the trip to asia comes later in his presidency than he might have liked, but biden plans to, in his words, quote, affirm the importance of our indo-pacific alliances. cnn s kivevin liptak is live fr seoul. it s taken a while for him to make his first trip in his presidency. he is certainly coming over later than his recent predecessor, and probably a little later than he would have liked to. president biden has tried to make asia a center of his foreign policy, just like president obama did. just like president trump did. but he has been stymied somewhat by these ....
Northeastern tonight. the canadian hurricane center issued hurricane watch nova scotia, prince edward island and newfoundland. pakistan is deploying thousands of additional doctors and pair medicine particular dicks in the worst flood spread of disease, officials say there have been more than 300 fatalities among flood victims due to disease since july. and thailand s government says it will lift an emergency decree it imposed in march of 2020 to battle coronavirus. on october 1st, foreign visitors will no longer be required to show proof of being vaccinated and people found to be infected will no longer need to quarantine in thailand. just some of the other stories beyond our borders tonight. we ll be right back. ....
Carrying, but beijing has pledged to help the country battle coronavirus. and north korea isn t the only asian country whatevering from a relentless covid outbreak. the hard hit chinese city of shanghai is reporting a handful of cases outside its quarantine areas. this comes just as the financial hub is starting to reopen. for more on that, i m joined by cnn s kristie lu stout in hong kong. kristie, they have found covid cases outside of the area, just a handful, only three. what does that mean for the city s reopening? it raises pretty serious questions about the pace of reopening shanghai. look, earlier today, shanghai announced three new cases of covid-19 detected outside quarantine areas. it was just three days ago when the shanghai government achieved that major milestone, saying that it achieved zero covid at a community level. earlier today the shanghai government also said that it posted zero new deaths caused by covid-19 for the first time since mid-april. ....
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