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biden isn't a king. but don't take that from me. >> people think that the president of the united states has the power for debt forgiveness. he does not. he can postpone, he can delay. but he does not have that power. that has to be an act of congress. >> so catch this. the court citeded that exact line from pelosi when they slapped down biden's bailout. one of the very few times nancy and i agree on anything. but that hasn't stopped the media from losing it. >> if you think about all the grievances that are brought about the trump election, what you're seeing is severe backlash in t...

of 3.3% in the last three months of 2023 — much stronger than expected. that's raised hopes that the us federal reserve might have achieved a soft landing — getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren't the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re—election. he's been suffering poor approva...

families of israeli hostages — who are still being held in gaza — have broken through security and stormed a finance meeting in the israeli parliament, the knesset. they were protesting that the finance committee was sitting, deliberating, while their children were still in captivity. shouting "shame on you" and demanding that committee members get up and act — the families called for the government to do more, to secure the release of their loved ones. the protest highlights growing domestic dissent in israel, about the war with hamas that's now in its fourth month. it comes a...

talking business. hello, everybody! a very warm welcome to talking business weekly with me, aaron heslehurst. let's go and take a look at what's on the show. shipping gets stuck in the slow lane. how much damage will be caused by the red sea attacks forcing global trade to take the long way around? the global economy relies on all our stuff being moved across the oceans. but, are 150 years of progress being undone by an unprecedented threat to shipping? i'm going to be discussing all of that with these two, there they are. the big boss of the world second—biggest shipping company, ...

from £1,900 a year or so tojust £1,620 from april. that's a fall of more than £300 a year, or 16%. just a reminder, 0fgem sets this cap every three months, it's the maximum suppliers can charge per unit and these figures represent a typical bill — if you use more, you pay more. we spoke to dr craig lowrey from cornwall insight and asked him why the situation in the middle east isn't pushing up energy prices. the situation we have is that the uk market and indeed the european market is being relatively well supplied by liquefied natural gas cargoes from america, so that is just c...