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Us treasury secretary janet yellen called the downgrade � arbitrary� and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom s...

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Remember thatjust like most americans who have credit records when they want to borrow money and find out how much debt they can take on, the Us Government also gets a credit rating. When it gets downgraded like this, the potential long term effect as it could push up the cost for the Us Government of borrowing money, and in turn that might long run push up taxes, it could mean less spending by the government and could mean fewer government and could mean fewer government programmes in the future. We are not there yet, but that is the underlying fear. If you look at what they are trying to add...

game. we begin with the high-stakes summit where nato leaders are discussing a possible place for ukraine in the alliance's future. kevin corke has all the latest developments including what is upsetting ukraine's president. >> kevin: as you know from your time covering previous nato summit, there are lots are one-on-one breakouts of the sidelines. so this is hardly novel. but very few in recent memory will be as anticipated as the one that is set for tomorrow between president zelenskyy and our own president biden. the meeting comes against a backdrop of controversy given by the pro...

jessica tarlov, jesse watters, and she fries her eggs on a bottle cap. dana perino. "the five." ♪ the big guy has made up his mind. with his helicopter buzzing so loudly you could barely understand him, joe biden telling reporters how he has finally decided on a response to the iran-linked strike that killed three u.s. soldiers. >> yes. >> [indistinct] >> i do hold responsible supplying the weapons. >> these attacks in the past. what will be different? >> [indistinct] >> [indistinct] >> i don't think we need a wider war in the middle east. that's not what i'm looking for. >> greg: ...