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CNN CNN Newsroom Live July 7, 2024

announce another big interest rate hike spurring fears of a recession. hello, and welcome. it s wednesday, september 21st. 9 a.m. here in london. 11 a.m. in moscow where we re following a potentially drastic escalation of russia s war on ukraine. vladimir putin is ordering a partial mobilization to boost his military fight. the russian president says it begins today. those in the reserve and with previous military experience will be subject to it. cnn s covering the story from every angle. we re joined in london and nick peyton walsh is standing by. nick, to you first. this announcement of a move, partial prescription isn t entirely unexpected given the losses we re seeing russia suffer on the battlefield. what does this mean? reporter: what s startling is how fast this will go into action but i think it s fair to say relatively limited. for 12 hours we have been awaiting really a speech from the kremlin head and talk had been possibly he might call for mass mobiliz ....

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CNN Early Start With Christine Romans and Laura Jarrett July 7, 2024

is a partial mobilization. putin also made an ominous pledge to use all means to, in his words, defend his country. translator: this is not a bluff. the citizens of russia can be sure that the territorial integrity of our homeland, independence and freedom will be ensured and those that try to black mail us with nuclear weapons should know that the prevailing winds can turn in their direction. reporter: putin s rare national address comes amid a fierce counter offensive from ukraine s forces and the kremlin-backed push for referendums that could lead to moscow annexing occupied parts of ukraine. let s go to cnn s international security editor nick peyton walsh. nick, a partial mobilization. i mean, this sounds pretty drastic but could putin have gone even further? reporter: yes, certainly could have. this is not the mass mobilization which many during the 12-hour delay before the speech came out this morning were thinking might have been on the cards. he is, it ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024

this. president biden is set to speak in a few hours and all of this is occupied and announced a referendum this week. . and it s important to put some degree of qualification as to what russia says it s going to do. 300,000 is a lot. it is as people with military experience and those and the manpower has been pretty bad and it s likely the groups russia has called on have already been tapped to join the war. with it right equipment to actually be impactful because they ve really been struggling to keep their armed forces together over the past six months. this is an enormous task for russia while it s already on its back foot. but it will lead to some dramatic days ahead. these have these four referendum happening in freshly occupied areas. no doubt about it, these are just a number that we re going to hear on monday and tuesday that they allegedly claim that people in those areas want to be part of russia. russia will say, okay, we consider you part of our territory. ....

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BBCNEWS World Business Report July 6, 2024

we begin in china where we ve just had a slew of data that shows how deep the impact of both the pandemic and its demographics is having on society and the economy. data from the national bureau of statistics shows china s economy grew by 2.9% year on year for the last three months of 2022. that beat expectations reuters expected the economy to grow byjust1.8%. for the full year growth came in at 3% far below china s official target of 5.5%. excluding the year covid hit in 2020, this is china s worst showing in nearly 50 years. also today, the news that china s population has shrunk for the first time in more than 60 years a change that is expected to have deep economic, social and political implications for china. for more on that let s go to katie silver in our asia business hub. tell us more. that s right. the bi . tell us more. that s right. the big figure tell us more. that s right. the big figure that tell us more. that s right. the big figure that we ve ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgag ....

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