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CNN Early Start With Christine Romans July 6, 2024

flying over the black sea. this is video of the type of reaper drone that went down. white house officials say that the russian move over international waters is the kind of thing that could spark a dangerous escalation between super powers. it could lead to m miscalculations between, you know, two militaries that are operating not obviously in ukraine together but certainly in proximity in the region. and we don t want to see the war escalate beyond what it has already done to the ukrainian people and so this is clearly this was inappropriate, unsafe, unprofessional conduct by the russian pilots. and salma abdelaziz is live in london for us. salma, russia and the u.s. have very different stories here about what happened. reporter: two very different narratives about what took place in the early hours of yesterday morning on the black sea. the united states says that russian fighter jets essentially reading between the lines harassed the united states drone. the ....

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CNN CNN This Morning July 6, 2024

bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it s also spooking thing market. it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that s just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower here. the regional banks that bounced back in the u.s. yesterday a sign of stability, a sign of relief, a mixed performance. first republic shares in premarket trading up a little bit. some of the other banks are down and again what folks are really zeroing in here is what are the exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in th ....

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CNN CNN Newsroom July 6, 2024

inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business ....

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CNN CNN Newsroom July 6, 2024

provocation in the skies. the u.s. says the wreckage of the unmanned drone may not be recover. but russia commits to finding it. top biden administration officials lashed out, calling russia s actions recollectless and escape. russia to says it shouldn t have been flying during a special military operation. natasha, what are we learning about this incident and also the wreckage? the race is on, really to find this wreckage. what we are told is apparently the u.s. does not have any navy assets in the area that could readily go and pick up that wreckage, so it would be difficult to large a rescue mission for the drone. it s appearing more likely that it will not be covered by the u.s. russia is now saying they intend to try to find the drone s well. with the secretary of security council, saying they do intend to launch a mission to try to find a drone, landed in the black sea after being harassed by two fighters jets on tuesday. however, we told the u.s. did take steps ....

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CNN The Lead With Jake Tapper July 6, 2024

one jet flew underneath the drone, and kipped the pro-feller on the back of the mq-9. because of the damage, we were in a position to have to essentially have to crash it into the black sea. reporter: but russia denies the two aircraft collided. the russian ambassador to the u.s. trying to calm tensions after the biden administration summoned him to the state department. we prefer not to create a situation where we can face unintended collisions or unintended incidents between the russian federation and the united states. reporter: with u.s. and russian aircraft operating over the black sea, the invasion of ukraine drags on, and so do the chances of a dangerous miscalculation. we know that the interception was intentional. it was also very unsafe and unprofessional. the actual contact of the russian fighter with our uav, the physical contact of those two, not sure yet. reporter: russian aircraft have had other dangerous confrontations with the u.s. in the bl ....

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