the fight to be the world s most valuable company heats up, after apple announces new ai tools on its devices. and how long can you survive without your smartphone? we put a group of british teenagers to the test. hello and welcome to business today. i m arunoday mukharji. apple shares have surged to a record high, after it unveiled new ai tools. the tech giant is now valued at $3.18 trillion, just behind microsoft which remains the world s most valuable company. from new york, erin delmore has the details. investors have been waiting for months to see how apple would embrace ai and propelled many other tech trains to big market gains. on monday they got their answer, a partnership with openai. and chatgpt powers for cre plus some enhancements like proof reading and writing help and ai generated images and emojis. and even though the news came on monday, it was not until tuesday that the market rewarded apple s efforts. on monday apple shares actually closed down around 2%. but on tuesday, shares ended the day up 5% to around $203 per share. that is a new record high for apple, better than december. those new ai tools are only available on newer models of apple products like iphone 15 pro the older series won t do it neither will the base model and i ve max will need to have apple preparatory and one chip or newer. and that if suitors are betting that consumers will upgrade their devices to take advantage of the new tools which would lead into mower sales for apple. staying with al investments. shares in oracle havejumped by as much as 11 percent after it announced cloud deals with google and openai. it comes despite the software giant s fourth quarter results fell short of expectations. oracle is trying to catch up with cloud giants like microsoft who are seeing rapid growth as a result of tie ups with openai. elon musk with jawed lawsuit against open ai, the case accused the ceo of abandoning the original mission of the start up of developing artificial intelligence for the benefit of humanity and not for profit. no reason was given for the request to dismiss. policymakers at the us central bank are in session to decide on the cost of borrowing. the fed is expected to hold interest rates steady. inflation data is also due, but could that sway the fed s rate cut decision? let s bring in david chao, global market strategist at invesco. he says asian countries are in a good position to deal with any decision. we have seen some depreciating pressures in cases like japan with the currency given the interest rate differential and certainly all asian central banks are waiting with baited breath for the fed to cut rates. at the same time, i think that asian economies are on a much better suited this time around with their external buffers that can withstand some of this pressure, but certainly, rates are too high in asia in places like korea and thailand and they should have been cut already. if it wasn t for that. we are counting down to the us presidential elections and i want to get your thoughts. how do you think given the political scenario there, how are the politics likely to play on the economics going forward? from the market perspective, we have done crushed analysis and there is no rhyme or reason in terms if a democratic president or republican president is in the white house, what that means for asian markets. asian markets have largely shrugged this off. so let me say that heading into the presidential election, there could be a few jitters with asian markets, but we think it is mostly a near term phenomenon. certainly president trump has previously said that he is going to increase tariffs against places like china and also other places around the world. that certainly would not be conducive to trade. whereas, joe biden has shown that he is more strategic when it comes to trading partners. so i think it is something that we are keeping a close eye on, but we are not worried from a long term perspective in terms of the impact it will happen asian markets. india will continue to be the world s fastest growing large economy according to the world bank. the world s most populous nation is in the midst of a slowdown but is forecast to grow by 6.6% this year. the world bank says indonesia and vietnam are also likely to be bright spot among major economies in asia. singapore airlines said compensation offers to passengers on a flight that landed in a severe turbulence. dozens were injured and one person died. passengers with minor injuries have been offered $10,000 while those with serious injuries had been told that his can be discussed. how common is that? i put a question to alice taylor. it is an unusual circumstance and i guess to give singapore airlines their credit, they have been very proactive in putting out very generous compensation they are. it is one of those things where if you are in a major incident where there is composition that is there. but what we are seeing this with the larger airlines, they will top on amounts of that. and singapore airlines has done so previously, they have been quick to give payouts and above the limits. so it could be something we could see more of. we are hearing that turbulence is going to be more common going forward given climate change and other aspects. does this set a precedent, what about other airlines, will they be able to do the same? it goes down to, as more airlines come forward and give very generous payments when there is an incident or accident, it raises the benchmark quite a bake and comes something that globally the interesting works towards. the industry works towards. so i think we will see these payments become a little bit more normalised and a bit more generous compared to what you may have thought of before. really, it will depend on how isolated these incidents are. the opposite may also happen where if severe turbulence happens more often that the airlines may look to actually reduce those payments just because it becomes a bit more part of what is involved in travelling. how long can you last without your smartphone? a few hours? a day? well, we ve followed a group of british teenagers to see how they cope without their smartphones for five whole days. it s fair to say some teenagers are pretty glued to their phones. ok, guys, point of no return. thank you. but this group of students are doing the unthinkable, locking them away for almost a week. you said your goodbye. yes. no tik tok. no snapchat. no whatsapp. so, guys, these are your new mobile phone instead that we re using these for the next five days. the only way of communicating texts and calls. i want a nokia. i don t like it. they re going to have to learn a whole new set of skills for the next week to be able to adapt and continue their life as close to what it used to be. but with that mobile phone underpinning most of their activities, it s going to be a real challenge. it s like having a comfort item and interest goes. hat it s like having a comfort item and interest goes. not knowing what is going and interest goes. not knowing what is going on and interest goes. not knowing what is going on on and interest goes. not knowing what is going on on a and interest goes. not knowing what is going on on a group - what is going on on a group chat what is going on on a group chat makes me think what i m missing chat makes me think what i m missing out on. chat makes me think what i m missing out on. usually before i no to missing out on. usually before i go to bed missing out on. usually before i go to bed i missing out on. usually before i go to bed i watch missing out on. usually before i go to bed i watch disney - i go to bed i watch disney plus for an i go to bed i watch disney plus for an hour i go to bed i watch disney plus foran hourand i go to bed i watch disney plus for an hour and then i go to bed i watch disney plus for an hour and then drift - i go to bed i watch disney plus for an hour and then drift off. i for an hour and then drift off. since for an hour and then drift off. since then for an hour and then drift off. since then i for an hour and then drift off. since then ijust for an hour and then drift off. since then ijust gone - for an hour and then drift off. | since then ijust gone straight to sleep since then ijust gone straight to sleep and since then ijust gone straight to sleep and it s since then ijust gone straight to sleep and it s weird. - since then ijust gone straight to sleep and it s weird. i- since then ijust gone straight to sleep and it s weird. i feell to sleep and it s weird. i feel much to sleep and it s weird. i feel much better. will s journey home takes over an hour. this is a service to actually have campus, a tram first, then a bus. so in terms of not having a smartphone, it makes it more difficult because i can t check the timetable. and when they say it s been delayed or something, i could at least ring my dad and ask for a lift, you know? will s mum allison admits not being able to use family tracking apps like life360 is a hindrance. but she s noticed big changes in her son just three days into the detox. actually, quite nice seeing you without headphones. don t see you that much normally. no. i think it sjust become the norm. whereas actual social interaction does require you to put these things away and engage a little bit more. five days later, it s the end of term and time to get those smartphones back. maybe i ll put my phone away in the car and i ll put my phone away, like when i m around my friends. but in general, like, going on to tik tok everything, i m still going to do that. like, ifanything, i m going to do it more now. i think it s been pretty difficult without a smartphone, but i ve managed to get through it all right. i ll try and use less tiktok, that s for sure. i know my screen time is quite high on that. judging by their initial reaction, perhaps the students aren t quite ready to give up their smartphones entirely, but the detox might start to slowly change their habits. christian johnson, bbc news. a quick look at more world news. game stop has raised around $2.14 billion from a share sale programme. retail investors have turbocharged the stock after influencer roaring kitty doctor up the shows following his highly anticipated return to youtube. she has a so called mean stock up she has a so called mean stock up by she has a so called mean stock up by 5%. joey jaws chestnut has been told he cannot take part in america s premiere hot dog contest. it comes after the competitive eating star struck a sponsorship deal with vegan brand impossible foods. chestnut has been removed from next month s nathan s hot dog eating contest in new york. nathan s and impossible are direct competitors in the hot dog space. and that s it for this edition of business today. thanks for watching. hello and welcome to sportsday with me, marc edwards. raising the bar italy s olympic champion gianmarco tamberi thrills home fans by taking highjump gold at the european athletics championships. erik staying hag, the dutchman will remain as manager of manchester united following a post season review. and still in with a chance, pakistan beat canada as they live to fight another day at the t20 world cup.
and tonight during the broadcast i will do an exclusive first-time interview with house speaker mike johnson and hakeem jeffries, minority leader. he used to play and a fan of the new york yankees. i ll be doing color commentary on fs1 and the washington capital handles play-by-play and congressional baseball shooting is now available on fox nation. guys, back to you. steve: we ll be watching. thanks, chad. ainsley: everyone have a wonderful day. see you tomorrow. lawrence: a fun show. brian in dallas, back on the couch tomorrow. steve: have a great day. america s newsroom starts now. bill: good morning. so two weeks and two trips to europe. president biden heading to italy for a g7 summit. yesterday around this time he met with his son, hunter, after his felony gun charge conviction. will a change of scenery satisfies. we ve seen the threat from foreign terrorists rise to another level. by no means a time to let up or dial back. now, on top of that, increasingly concerning is the potential for a coordinated attack here in the homeland. bill: that was eight days ago. that was chris wray head of the f.b.i. warning us. now it s happened. eight migrants with ties to arrested tied to isis crossing the border illegally. that s where we start. i m bill hemmer. dana: good to be here with you. i m dana perino and this is america s newsroom. the migrants came here from kazakhstan and a source tells fox they were fully vetted at the southern border and yet nothing was flagged. ice caught up with them in philadelphia, new york and los angeles. it begs the question who else is coming across that border? dana: team fox coverage. paul mauro is here with us and first to alexis mcadams on the streets of new york with more. hi. good morning. right now we know those eight kazakhstan nationals are in ice custody after being arrested. majority were arrested here in new york city. exactly where in the city we re trying to figure that out. this morning a democratic councilman says it s another example of a broken southern border that he says the president needs to fix quickly. he says he doesn t know what will happen next in new york city. listen. it s frightening. we re headed for another 9/11. i predicted that. i think we should have a secure border. we should know who is coming into our country. we don t. and millions of migrants and illegal aliens have gotten through. it is a situation that we re rolling the dice here. a group of can kazakhstan nationals were taken into custody. how did they enter the united states in the first place is the question. sources telling fox they crossed illegally at the southern border and were fully vetted. but listen to this. nothing was flagged somehow. it was only after they were already released into the u.s. that customs and border patrol were notified about these major security concerns. so this ice sting took place in three major cities, new york, philadelphia, and in los angeles. according to the new york post, the feds used a wiretap to listen in on these phone calls from the people. hearing one of those arrested talking about bombs. former ice director tom homan says it s an example of a dangerous trend. under 3 1/2 years of biden they have a historic number of russian nationals at the southern border. these numbers are unprecedented. you look at the people on the terrorist watch list, over 380 on the southern border. you heard those numbers, shocking. 380 at the southern border and counting. the department of homeland security and f.b.i. are working this case. they know about that heightened threat and saying they do everything they can around the clock to keep americans safe. dana: thank you. bill: analysis with paul mauro. good morning to you. you have a lot of contacts in new york. want to show alexis and talking about the stunning numbers. known gotaways last year, 670,000. who are they? where are they coming from? on and on the questions go. what do you have for us today? what a paradigm event this is. how much is revealed in this takedown and where they came from and how they came through. as the saying goes in the intelligence world, the further we get from 9/11 the closer we get to 9/ten. when we used to do counter terrorism in new york, i did it half my career, the idea that you could get somebody who came in and was a complete clean skin and no friction at the border and we knew nothing about was a major red flag. the idea we have millions of such people coming into the country right now defies belief. when you look at the fact that these were people who carried out the 144 murders in moscow recently in an operation the head of the f.b.i. is saying he is concerned about mirroring here, it tells you what we re into here. the disconnect within the federal government seems to be income present henceible. you have the intelligence arm ringing every bell and they are oblivious and don t want to hear about it. the only thing to get their attention is another 9/11. i hate to say that. i understand another thing here. they didn t have enough to get these guys on terrorism charges. three cities, cover them 24/seven. not sure how they picked them up. i can surmise. now according to the statement they will kick them out. they aren t arrested here which means you are sending back eight terrorist operatives potentially into bad guy territory with knowledge of the area, with having done recon, they know the train and bus routes and have funding. this is exactly what you don t want. this is what we re enabling through our southern border. dana: what about the burden and strain on law enforcement and intelligence offices around the country then? regular stuff to deal with and how much more pressure does this put on top of them? a ton. you aren t getting the help from the federal government you want. that s why wray was on the hill advocating for the f.b.i. funding not to get cut because he needs the bodies. this is a perfect example. eight people out there talking about bombs. they picked them up on a wiretap. i don t know if it s fisa or not. you say to yourself okay. talking about bombs. they killed 144 people in moscow, isis-k. none can be out of our sight. teams to cover eight people 24/seven. if they get away you ll have to answer to the man and to yourself. bill: not just christopher wray, merrick garland and there was a piece written. you mentioned the attack in moscow. that was low-tech terror. all they used was semi automatic weapons and took out a ton of people. based on what you know about sting operations, how do you know where the go signal is? you hear them mention the word bomb or shooting. how do you know to make good question. let me tell you how this went. they had three different teams coordinated in three different cities. an umbrella over it run out of washington. at some point you go up high enough and get to the one person who will make the call. the one person making the call certainly in the counter terrorism division in washington is looking out over the field here waiting to get probable cause to federal terrorism arrests. that s what you want. that s the big hammer. you can hang onto these guys and get phones and coms and talk to them and maybe flip somebody. what happened here is they hit the end of the line and had to make a call this is getting dangerous and we don t have what i just described. i m not giving anything up by that. very clearly they are only in ice custody pending deportation. unless they develop somethinging through their devices what they had to do is move quicker than they wanted to because they were worried. and that is a very discomforting thing. bill: why you don t keep them here and prosecute them? if they get away, they have enough trade craft. we can t get a source into them, it is not going the way we want and maybe they lost one for a while and got nervous. at some point somebody says take it down. i m speaking we hit the f.b.i. plenty on this network and i have done it. that s their leadership. the rank and file i can guarantee you 40 f.b.i. agents and ice guys who were up all night probably for months making sure they put them to bed at night and wake them up in the morning. let s take them off the set however we can. i used to send guys to knock on a door and say hello as a message when i didn t just to say we know who you are. at some point you hit the end of the line and do something. dana: so much pressure. it reminds me of what president bush used to say. the terrorists only have to be right once. we have to be right however many times and it means the federal government should do what it can to give local law enforcement what it needs, which is first of all closing the southern border legitimately. we ve already let millions in and we don t know where and who they are. we don t know anything about them. the muslim band, a complete misnomeer. people coming in with a nation not cooperating with us and won t give us a background. we have no idea who they are. they were vetted. you know how long that took? seconds. what are you going to do, call the country and get background on these guys? not going to happen. bill: we ll lean on you soon. congressman mike waltz and jason crowe will join us on america s newsroom momentarily. dana: arrivals gate nightmare. hundreds of migrants sprawling across boston s logan airport using baggage claim as shelter and blankets as beds. the city is running out of options. housing capacity has been filled for months. what is the president doing to help the blue city? we don t know. molly line is at the airport with more. good morning. essentially boston s logan airport is flooded with migrants with no place else to go. a state where the shelter system is overwhelmed and has been for months now. overnight more than 100 migrants sleeping in the wide hallway here in the airport s terminal e, the sfwir national terminal. families and children running around crowded onto mats, blankets on the hard floors. the number of people using the logan airport has shelter has ebbed and flowed. headlines have been made in the news since january. it forced state leaders to take creative measures to find housing solution, mass hotel rentals and much more controversial measures like the cakeover of a community center in boston. a move that forced many of the programs that serve the city s disadvantaged youth to find new spaces and expected to reopen as summer gets underway. later this month a former minimum security prison in norfolk, massachusetts is slated to be repurposed opened as a temporary shelter for 450 people. cafeteria, gym, play spaces for children and classrooms for adults. massachusetts, it is a one-of-a-kind right to shelter state. a law here. under the historic strain of the new arrivals in april the state s democrat governor signed into law a nine month limit on how long families can reside in emergency shelters. it is worth noting there are a number of ways that families can extend their stays beyond that 90 days including meeting requirements for employment and job training and various medical conditions, pregnancy and disability status and educational disruption for children and that sort of thing. dana: thank you. we ll keep an eye on it. it is unfortunate he is convicted but him being the son is not what i m thinking. i m thinking that he did a bad thing and actions have consequences. bill: from the mouth of a juror speaking out on the decision to convict hunter biden. this as the president makes a surprise trip to comfort his son throwing his travel plans off for a bit. seems to me he was trying to point a lot of fingers to other individuals or bodies to try to deflect some of the accountability. dana: former new york governor andrew cuomo shifting the blame for nursing home deaths during covid. what he told lawmakers on capitol hill. bill: scary moments in new york city. mass protestors giving an ultimatum to those riding a subway. raise your hands if you re a zionist. this is your chance to get out. okay, no zionists, we re good. shop our expanded family of products at major online retailers. okay everyone, our mission is to provide complete, balanced nutrition for strength and energy. yay - woo hoo! ensure, with 27 vitamins and minerals, nutrients for immune health. and ensure complete with 30 grams of protein. ( ) bill: a russian naval warship arriving in havana, cuba, where they ll conduct military exercises for a period of time. interesting to note putin given his threats last week against western european countries and united states using our military weapons on behalf of ukrainians inside russia. there are hypersonic missiles that are on board these naval ships out of russia. just a story to watch and keep an eye on as they go through this for the next several days and possibly longer. putin is sending a message here in our hemisphere as well. 19 past. dana: hamas responding to a u.s. banked cease-fire proposal. it has not accepted or rejected the deal. israel has signaled its openness to the plan but stopped short of endorsing it. alex hogan is live from london with the latest. hi. so u.s. secretary of state antony blinken finished speaking about hamas s response saying some of the proposed changes are workable. some simply are not. hamas waited nearly two weeks and then proposed more changes. a number of which go beyond positions that it previously had taken and accepted. u.s. says it is evaluating hamas s response now. egypt and qatar released joint statements saying they re working together to coordinate how to move forward. israel fired back saying it s a rejection. also follows news reported by the wall street journal in leaked messages from hamas leader sinwar that said hamas has the upper hand and thousands of civilian casualties are, quote, necessary sacrifices. israel today releasing this video of the idf taking out what it says was a command center in lebanon. one of the most senior hamas commanders was killed. comments from blinken, he says in the following weeks we ll hear more information what will come next a day after reconstruction and how to make the pause in the fighting a cease-fire a long lasting end to the war. dana: alex, thank you. we have two very different opinions on what happened during covid. i think the federal government failed this nation and it was abyss mal. bill: andrew cuomo passing the buck in the early days of covid policies. it forced nursing homes to take patients who had tested positive for the virus and many argue that decision led to needless more deaths. maybe thousands of them. republican nichole malliotakis from new york is with me now and she was in the room yesterday. good morning to you. what were you able to determine, do you think? maybe something you either didn t know before or maybe gave you confirmation. shocking was the governor claiming he did not know anything about that march 25th order that his administration issued on a nursing homes to accept these individuals. i never heard that before that he completely did know it existed until a month later. when asked who authorized it, it was his letter and name and commissioner of health s name on the letterhead he said we don t know. i think it was probably done at the staff level. how is that possible that the governor of the state of new york who did 111 daily briefings basically got an emmy for his performance in these briefings knowing all the details of what was going on in new york state acting as the king of new york, did not know about this deadly mandate until a month latter when all the other local elected officials people like me and state legislature knew and telling the executive chamber about our concerns and the nursing homes were reaching out to all elected officials expressing the concern. what we learned yesterday is that he is not going to take accountability or apologize and when asked whether he would change that order today, knowing what he knows now with thousands of new yorkers, elderly new yorkers who were killed as a result, he said no. in fact, he would explain it more and communicate it more. nursing homes didn t understand they could reject people if they could not care for them. he didn t try to pivot the blame on the nursing homes who had no choice but to accept these people because the mandate language was clear. it was clear. they were forced to take these people whether they could care for them, whether they had the proper staffing levels or separate them positive or negative or whether they had the ppe. bill: let me a couple of things here. another sound bite from the governor maintaining his innocence. roll this first. department of justice found we did nothing wrong. the investigations found that the new york advisory was wholely consistent with the federal guidance set by cms and cdc. two investigations found exactly that, that what new york did was implement the federal guidance. bill: i imagine he said a lot of that behind closed doors. the numbers in new york. covid confirmed deaths at nursing homes, 6926. confirmed out of facility deaths 4600. presumed deaths at the nursing home. the numbers are staggering just shy of 15,000. you mentioned this directive on the 25th of march. is it possible between his daily briefings that began on march 2nd and went through june 19th, is it possible we just did not understand enough about the virus at that time? well, look, i think you could give the benefit of the doubt if the language was not written as it was. the cms and cdc guidelines were very clear making a recommendation that you could accept patients who were being discharged from the hospitals into a nursing home setting if you had the ability to separate and care for them in the proper staffing levels. his mandate was not a recommendation, it was they shall do it and that they could not test them to see if they were positive before accepting them. they literally prohibited the nursing homes from testing these patients to see if they were still positive before accepting them and no ability in this mandate to reject a nursing home patient if you could not care for them. that was the biggest issue. they were not given the proper ppe to deal with the issue at hand. so the governor again deflecting and pointing fingers. the buck stops with him accountability. bill: will there be a public hearing? i believe so. i think there is a lot of questions that a lot of things that were discrepancies between what his administration officials told us and what the governor said yesterday and also did not use the additional measures that were set up. u.s. navy comfort ship and java center. it was here. didn t get patients. thank you for your time and see what comes of it. it was the story in new york that shut down the entire country. i believe it to this day but it started here. thank you for your time and we ll talk again. dana. dana: president biden looking for legitimacy on the world stage following his son s conviction. can he pull his son s legal troubles in the rearview mirror? 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( ) ( ) vabysmo works differently, it s the only treatment designed to block 2 causes of wet amd. vabysmo is an eye injection. don t take it if you have an infection, active eye swelling, or are allergic to it. treatments like vabysmo can cause an eye infection or retinal detachment. vabysmo may cause a temporary increase in eye pressure after receiving the injection. there is an uncommon risk of heart attack or stroke associated with blood clots. severe swelling of blood vessels in the eye can occur. most common eye side effects were cataract and broken blood vessels. open up your world with vabysmo. a chance for up to 4 months between treatments with vabysmo. ask your doctor. are you keeping as much of your investment gains as possible? high taxes can erode returns quickly. at creative planning, your portfolio is managed in a tax-efficient manner. it s what you keep that really matters. book your free meeting today at creativeplanning.com. it s time to feed the dogs real food, not highly processed pellets. the farmer s dog is fresh food made with whole meat and veggies. it s not dry food. it s not wet food. it s just real food. it s an idea whose time has come. bill: 9:31 in new york. americans eagerly awaiting entering the housing market . corporate investors are coursing them to slam on the brakes beating homeowners to the dotted line. what does it mean for you? we have the story from atlanta. as housing prices and interest rates increase, the renter market is heating up. corporate investors are trying to get in on the action buying up large numbers of starter homes in booming real estate markets especially in the sun belt. the situation was studied in atlanta which leads the nation in this trend. everyone rental homes are owned by institution investors, which means more than 1,000 homes nationwide. these are really big corporations. experts say it drives up home prices in surrounding neighborhoods and makes it harder for individuals and families to get in. that can be tough competition for first time home buyers, investors come in with more cash and buying outright with cash on bigger down payments and a more competitive offer. they recommend small home buyers study loan options and get pre-approval to make an immediate offer. institutional investors is a smaller and growing trend of building new homes for the sole purpose of renting them. new build to rent homes surged from just over 6700 in 2019 to more than 27,000 last year with t the while less is known about the short term impact of this, some experts believe there will be a long-term benefit because it is creating more housing stock, which is something we desperately need in this country. and sooner or later, corporate landlords do become sellers. bill. bill: i guess that s true. that s the market. thanks, jonathan serrie in atlanta for that. thank you. can t help but think [inaudible] focus more on what the defense and prosecution are saying. so that s basically what i try i try to block the rest of it out and just [inaudible]. dana: hunter biden found guilty in his federal gun case and the president making a surprise trip to delaware embracing his son on the tarmac showing support before he went to italy today. they put out a statement. jill and i love our son and so proud of the man he is today. so many families who have had loved ones battle addiction understand the feeling of pride seeing someone you love come out the other side and be so strong and resilient in recovery. want to bring in our panel. andrew cherkasky, former federal prosecutor and tim murtaugh. tim, we ve had legal analysis. you wrote a touching and thoughtful tweet thread yesterday or x post thread because you are a recovering addict and wrote a book about that and open about what it has been like but you also understand politics. let s get your take this morning on how you woke up thinking about it today. well, i appreciate you having me on, dana and mentioning the book. i wrote it called swing hard. my life in politics and battling with alcohol and so i do have empathy and sympathy for hunter biden and his family. i know what it is like to be an addict. my drug of choice was alcohol. and the toll it takes on family and what i put my family, wife, parents, brother, everybody through during it. i have empathy for joe and jill biden as well. alcoholism or addiction is not about it s not a defense against all other criminal activity. i was convicted of two duis. i pled guilty. i couldn t go into court and say i was guilty of driving under the influence but in my defense i was drunk at the time. it doesn t work and should not be a shield. the fact that hunter is an addict. i have sympathy for him being an addict. it should not be used as a shield to protect the rest of the bidens from his involvement in the criminal enterprise that i believe the biden family has been engaged on. they sent hunter out to be the bag man representing the family to collect millions of dollars from foreign interests and i actually believe the d.o.j. is prosecuting this gun crime so that they don t have to go after the crimes that lead directly to joe. this gun crime is the only crime that you can charge hunter biden with that does not lead back to his father, the president of the united states, who also happens to be the ultimate boss of the prosecutors making this decision. so yes, i have empathy. bill: swing hard in case you hit it is the name of the book. well stated. andrew, it defies logic. a year ago you had a probation only case and he walked away from it. a year ago he would have had immunity from further legal jeopardy. now what do you have? a conviction yesterday and now you have the tax issue in september in california. i think that hunter biden s decision to plead not guilty and take it to trial has proven politically disastrous for the biden family at large. it proves once and for all the biden family effective interfered with the 2020 election by covering up that laptop. coming in as evidence this laptop that was declared to be russian disinformation in the lead-up to the 2020 election. things the left media and social media stripped from the internet and stripped from the airwaves proves to be quite true. in fact, the d.o.j. using it as a piece of evidence in this trial. it is hard to imagine that joe biden never said to his son, who is so close with, is that laptop real? is that your laptop? hunter biden knew all along that was his laptop as those 51 intelligence officers came forward, as joe biden denied it, as the media quashed that story. i think it is a really telling thing. time tends to dilute the impact of lies but what we have this conviction we have to turn back the clocks a little bit and see what this conviction means in light of what happened back in 2019 and 2020. dana: the chances of them winning on appeal are what, andrew? the second amendment issue is quite interesting here. it is currently up scheduled to be in front of the supreme court the 5th circuit had an interesting case on this dealing with marijuana. the applicable of the second amendment with folks who had past drug addiction and drug use is ambiguous. hunter biden s case is the prime example where you have somebody with frequency and recent to the gun purchase. i think that s a prime case where the law should apply. but there is some debate about the broadness and ambiguity of the law in concert and in consideration of the second amendment. that s an nra point that hunter biden took. bill: we ll bring you back between now and september. thanks for sharing your story, tim. dana reads sports. dana: so usa basketball defending its decision to leave caitlin clark off the olympic roster. the chair of the committee said it would be irresponsible for us to talk about her in a way other than how she would impact the play of the team because it wasn t the purview of our committee to decide how many people would watch or how many people would root for the u.s. it was our purview to create the best team we could for coach cheryl reeve. she is 15th in the wnba and first amongst rookies. bill: she has time. not the end of the world. she will be a player. she already is. maybe they will regret not having her. maybe they go and bring home gold. dana: maybe we could have her on fox and do color commentary for me so i understand what s going on. bill: we ll work on that. apparently they were arguing about something. bill: you had a commute home ending in a fatal tragedy. a gunman jumped on board a bus in atlanta. chase ensued and it was a mess. three decades in prison. pamela smart is making a stunning claim about the murder of her husband for the very first time. now that i am older and able to look back on things, i can see so many errors i made and how skewed my judgment was and how im mature i was. because there are places you d like to be. farxiga can cause serious side effects, including ketoacidosis that may be fatal, dehydration, urinary tract, or genital yeast infections, and low blood sugar. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking farxiga and call your doctor right away if you have symptoms of this infection, an allergic reaction, or ketoacidosis. far-xi-ga but st. jude has gotten us through it. st. jude is hope for every child diagnosed with cancer because the research is being shared all over the world. arthritis pain? 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- [announcer] call right now to receive your free no-obligation info kit. call the number on your screen. page number 9s1307. crime of conspiracy to commit murder. is the defendant guilty or not guilty? guilty. bill: guilty verdict 33 years ago. pamela smart now taking responsibility for the murder of her husband. she was a former teacher convicted in 1991 of having an affair with a teenager and convincing him to kill her husband. now she is acknowledging her, quote, warped logic in a prison writing class. in those spaces is where i found myself responsible for something i desperately didn t want to be responsible for, my husband s murder. i had to acknowledge for the first time in my own heart and mind how responsible i was because i had deflected blame all the time. bill: wow. william flynn was a teenager who pulled the trigger. been a free man for the last nine years and served 25 years behind bars. pamela believes it is her time releasing the apology video she pleads for a sentence reduction from the governor of new hampshire. what is case that was and what a case it is again today. dana: eight suspected terrorists discovered to have crossed the southern border illegally heightening concerns about the border crisis posing a major security threat throughout the country. both these men sit on the intelligence and foreign affairs committee and good to have you here. pull this from the foreign affairs piece. it says that terrorism warning lights are blinking red again. echoes of the run-up to 9/11 written by ellison and mer yell. fortunately the united states has learned a great deal how to combat terrorist threats including threats not yet well defined. president joe biden and his administration should now use that playbook. i want to bring it up. jason, congressman from colorado, we just had the news about the eight terrorists arrested in ice custody coming across the southern border illegally fully vetted and only after that that local law enforcement caught onto it and it got to the point they could be detained. what is your level of concern? what could you share with the american people from your intel committee point of view? well, a couple of takeaways here. one i want to applaud the work of federal law enforcement for doing a superb job and local law enforcement for finding these suspected terrorists and in doing what they need to do to protect our country and our community. number two, this just continues to underscore the need for us to take up the bipartisan border bill. we need to secure the border. the border is not where it needs to be. there is no doubt about that. we need a comprehensive solution to that. i applaud the president for passing his executive order to clamp down on the border and now we need to fund it. he is limited what he can do without congressional action and time to move the bipartisan deal forward. dana: congressman waltz so many people have come across illegally. possibly vetted but we have hundreds of thousands if not millions of gotaways. we don t know who they are or where they are. we rely on tips for local law enforcement to move it up the chain. it feels like an overwhelming problem. your thoughts now. well, i think every american should be concerned. i, too, commend federal law enforcement for disrupting this isis plot. but with millions and millions coming across our border, dana, with the f.b.i. director saying he has never seen the threats this loud, i fear that it is just a matter of time until we re hit. today is the anniversary of pulse nightclub attack eight years ago outside my district in florida. that individual was on the terrorist watch list and killed almost 50 americans in a shooting. we now have over 400 people on the terrorist watch list that have come across our southern border and somewhere in america. and i want to tell director wray, go talk to the dhs secretary right down the street, mayorkas and shut the border down. and respectfully, i disagree having executive order that still allows 2500 a day or legislation that allows nearly 5,000 a day, that s nearly a million a year across our border, is unacceptable. we have to secure it before it is too late and we suffer another attack like post nightclub or god forbid another niefsh lev. dana: great for everyone to see the two of you on different sides of the aisle and same committee working toward important common goals. we ll watch the international criminal court and what you are trying to do to push them back after they went after israel. thank you so much. i want to leave here with this video. michael waltz, you jumped out of a plane on d-day and we thank you both for your service. here we go. along with jason crowe. a bipartisan jump. bipartisan jump with ten other members of congress and everybody came back safe and sound to honor our forefathers. dana: i didn t know you jumped as well. i m so proud. have a good time at the game if you go as guests since you are not players tonight. bill: good stuff. take me out to the ballgame and take me straight to jail. from cincinnati last night get a load of this. a fan runs on the field during the reds, guardians game. does a black flip. kicks off the cop s hat and charged with criminal trespassing and obstructing official business and that was that. it didn t last long. dana: they will prosecute him, right? not just let him out. bill: they shall in hamilton county. so many people had phones out watching this. i don t know how they got a heads-up on it but you got center field, you ve got first base, you got this one here. so dana: i didn t know gutfeld was at the game last night. that s a good one. no supervision, no parental presence is when the bad things happen. dana: frustration over rising crime amongst teenagers in chicago hitting the boiling point. will the democratic-run city back a new curfew? say goodbye to the champ. why joey chestnut is being banned from nathan s hot dog eating contest this year. i try to put my arm around any vet that i can. absolutely. at newday usa, that s what we re doing. we put our arm around the veterans. when i think of the veteran out there that needs to refi his home, he may want to purchase and we can help them and provide that financial solution for them and their families. it s a great, rewarding feeling. everybody in the company, they have that deference and that respect and that love for the veteran that makes this company so unique. veterans, need cash? 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(roommate) i did. bill: a chicago alderman fed up with surging crime among teenagers is now calling for a curfew downtown. but the democratic mayor is not on board this move. garrett tenney is in the windy city to tell us what s up. hello. this curfew would make it illegal for teenagers to be downtown after 8:00 p.m. without an adult and if requested it would require a parent or guardian to come down and pick it up. if it passes it hopes to prevent the teen take overs where crowds of young people commit crimes like the brutal attack on a husband and wife on their way home from dinner by more than a dozen teens just a couple of weeks ago. alderman brian hopkins says right now there is little deterrence for those teens who want to come downtown to cause trouble because they know they can get away with it. the arrest is always a last resort. not something that we want to do. but it is one of the limited tools that we have to use to get some respect for authority right now, which respect for authority is at all-time lows. mayor brandon johnson is against the new curfew. he told the chicago sun times editorial board all the data indicates that setting arbitrary curfews don t lead to any positive results. it is notable that while the mayor says curfews don t work the city has a 10:00 p.m. curfew in place for teens downtown enacted a couple of years ago. so far mayor johnson has chosen to keep that curfew in place. bill: convention is nine weeks from today. garrett tenney in downtown chicago. thank you. dana: president biden seeking legitimacy on the world stage one day after his son, hunter, became a convicted felon and two weeks before his first 2024 debate with former president donald trump. we are counting down already for that. welcome to a new hou
the fight to be the world s most valuable company heats up, after apple announces new ai tools on its devices. and as smartphones get smarter can you survive without one? we put a group of teenagers to the test. hello and welcome to business today. apple shares have surged to a record high, after it unveiled new ai tools. the tech giant is now valued at $3.18 trillion just behind microsoft, which remains the world s most valuable company. from new york, erin delmore has the details. have been waiting for months to see how investors who embrace ai see how investors who embrace al to see how investors who embrace alto big market gains. on monday, they got their answer a partnership with openai and some ai generated images and emojis. but even though the news came on monday, it wasn t until tuesday that the market rewarded apple s efforts. on monday, apple shares actually opened down around 2%. but on tuesday, shares ended the day up tuesday, shares ended the day up 5% to around $203 per share. that s a new record high for apple besting the previous high we saw in december. see, those new ai tools are only available on newer models of apple products, like the iphone 15pro, the 1a series and older won t do it. neither will the base model iphone 15. and ipads and base model iphone15. and ipads and macs will need to have apple s m1 chip or newer. investors are betting that consumers will upgrade their devices to take advantage of the new tools, which would lead to more sales for apple. staying with al investments. shares in oracle havejumped by as much as 11 percent after it announced cloud deals with google and openai. it comes despite the software giant s fourth quarter results falling short of expectations. oracle is trying to catch up with cloud giants like microsoft who are seeing rapid growth as a result of tie ups with openai. elon musk has withdrawn a lawsuit against the maker of chatgpt, open ai. the case accused ceo sam altman of abandoning the start up s original mission of developing artificial intelligence for the benefit of humanity, and not for profit. no reason was given for the request to dismiss. policymakers at the us central bank are in session to decide on the cost of borrowing. the fed is expected to hold interest rates steady. inflation data is also due and the question is if it could that sway the fed s rate cut decision. david chao, global market strategist at invesco says asian countries are in a good position to deal with any decision. well, we ve seen some deappreciatiating pressures in places like japan with their currency, given the interest rate deferential. and certainly, all centre banks are waiting for the fed to cut rates. but at the same time, i think that asian economies are much better this time around with their external buffers that can with some of the pressure. but certainly, rates are too high in asia in places like korea and thailand. and they should have been cut already. if it wasn t for the fed. ~ ., ., ., fed. we are counting down to the us presidential fed. we are counting down to the us presidential electionsl the us presidential elections and i wanted to get your thoughts on this as well. how do you think, given the political scenario there how do you think that the politics are likely to play out on the economics going forward? well, from a markets economics going forward? well, from a markets perspective, - from a markets perspective, we ve done regression analysis, and there is no rhyme or reason in terms of if a democrat president or republican president or republican president is in the white house, and what that means for asian markets. asian markets have largely shrugged this off. so let me just say that, heading into the presidential election, there could be a few jitters with asian markets. but we think that it is mostly a near term phenomena. certainly, president trump has previously said that he s going to increase tariffs against places like china, and also other places in and around the world that would certainly not be conducive to trade. whereas president biden has shown that he s more strategic when it comes to trading partners. so i think that it is something that we re keeping a close eye on, but we re not worried from a long term perspective and in terms of the impact that it will have on asian markets. india will continue to be the world s fastest growing large economy, according to the world bank. the world s most populous nation is in the midst of a slowdown but is forecast to grow by 6.6% this year. the world bank says indonesia and vietnam are also likely to be bright spots among major economies in asia. singapore airlines has sent compensation offers to passengers on a flight last month that ran into severe turbulence. dozens of passengers were injured and one person died. passengers with minor injuries have been offered $10,000 while those with serious injuries have been told their needs can be discussed. so, how common is this? i put that question to ellis taylor from consultancy cirium. it is an unusual circumstance. and i guess, to give singapore airlines their credit they ve been very proactive and putting out very generous compensation there. it is one of these things where if you are in a major incident, that there is set compensation that s there. but what we re seeing is that with a lot of these larger airlines, they will top up on what are the set amounts in this. and in this case, singapore airlines has had form when there s been accidents to give pay outs also and above the limits. so it could be something that we ll start to see a bit more on. we something that we ll start to see a bit more on. see a bit more on. we are hearing see a bit more on. we are hearing that see a bit more on. we are hearing that turbulence i see a bit more on. we are hearing that turbulence is | hearing that turbulence is going to be more common going forward given climate change and other aspects. does this set a precedent? we know that sing apore has singapore airlines has deeper pockets. but what about other airlines? can they do the same? it but what about other airlines? can they do the same?- can they do the same? it will come down can they do the same? it will come down to can they do the same? it will come down to when - can they do the same? it will come down to when other - come down to when other airlines give more generous payments for an accident, it really does raise the bench mark and become something that globally, the industry works towards. so i think that we will see these payments become a little bit more normalised and a bit more generous compared to what you may have thought of before. but really, it will depepped on how isolated these incidents are. the opposite may also happen if severe turbulence happens more often that airlines may look to reduce the paints just because it becomes a little bit more part of what s involved in travelling. how long can you last without your smartphone? a few hours? a day? well, the bbc s kristian johnson followed a group of british teenagers to see how they cope without their smartphones for five whole days. it s fair to say some teenagers are pretty glued to their phones. ok, guys, point of no return. thank you. but this group of students are doing the unthinkable, locking them away for almost a week. you said your goodbye. yes. no tik tok. no snapchat. no whatsapp. so, guys, these are your new mobile phone instead that we re using these for the next five days. the only way of communicating texts and calls. i want to nokia. so this is weird, i don t like it. they re going to have to learn a whole new set of skills for the next week to be able to adapt and continue their life as close to what it used to be. but with that mobile phone underpinning most of their activities, it s going to be a real challenge. it s like having a comfort item for how it s like having a comfort item for how many years. and it just goes for how many years. and it just goes it s for how many years. and it just goes. it s really stressful. not goes. it s really stressful. not knowing what s going on in a group not knowing what s going on in a group chat, not knowing what s going on in a group chat, what not knowing what s going on in a group chat, what am - not knowing what s going on in a group chat, what am i- not knowing what s going on inl a group chat, what am i missing out on? a group chat, what am i missing out on? , . , a group chat, what am i missing outon? , ., , , ., ., ., out on? usually before i go to bed, i out on? usually before i go to bed. i watch out on? usually before i go to bed, i watch it out on? usually before i go to bed, i watch it for out on? usually before i go to bed, i watch it for an - out on? usually before i go to bed, i watch it for an hour. i bed, i watch it for an hour. but sips then, i ve gone straight to sleep and it s weird. it feels much better. will s time home is a tram first and then a bus. in terms ofthe first and then a bus. in terms of the smartphone, - first and then a bus. in terms of the smartphone, it - first and then a bus. in terms of the smartphone, it makes| first and then a bus. in terms. of the smartphone, it makes it more difficult because i can t see the timetable or when it says that it is delayed, i can at least ring my dad and ask for a lift. you know.- for a lift. you know. will s mum, alison, for a lift. you know. will s mum, alison, admits- for a lift. you know. will s mum, alison, admits not| for a lift. you know. will s - mum, alison, admits not being able to use family tracking apps like life 360 is a hindrance but she s noticed big changes in her sonjust three days into the detox. it’s days into the detox. it s actually days into the detox. it s actually quite days into the detox. it s actually quite nice - days into the detox. it s actually quite nice seeing you without the headphones. we don t see you that much normally. don t see you that much normally- don t see you that much normally.- and - don t see you that much normally.- and i - don t see you that much normally. 1140. and i think that normally. no. and i think that it hasiust normally. no. and i think that it hasjust become the norm. it has just become the norm. whereas social interaction does require you to put these things away and engage a little bit more. . away and engage a little bit more.- five away and engage a little bit more.- five days - away and engage a little bit| more.- five days later, more. yeah. five days later, it s the end more. yeah. five days later, it s the end of more. yeah. five days later, it s the end of term - more. yeah. five days later, it s the end of term and - more. yeah. five days later, j it s the end of term and time to get the smartphones back. is that yours? maybe to get the smartphones back. is that yours? maybe i ll to get the smartphones back. is that yours? maybe i ll put - to get the smartphones back. is that yours? maybe i ll put my i that yours? maybe i ll put my -hone that yours? maybe i ll put my phone away that yours? maybe i ll put my phone away in that yours? maybe i ll put my phone away in the that yours? maybe i ll put my phone away in the car- that yours? maybe i ll put my phone away in the car and - that yours? maybe i ll put my phone away in the car and pm phone away in the car and i ll put my phone away in the car and i ll put my phone away when i m around put my phone away when i m around my friends. but in general, around my friends. but in general, like going on tiktok and everything i m so still going and everything i m so still going to and everything i m so still going to do that. like if anything, i m going to do it more anything, i m going to do it more now. | anything, i m going to do it more nova more now. i think it s been re more now. i think it s been pretty difficult more now. i think it s been pretty difficult without - more now. i think it s been pretty difficult without a i pretty difficult without a smartphone pretty difficult without a smartphone but - pretty difficult without a smartphone but i ve - pretty difficult without a - smartphone but i ve managed to -et smartphone but i ve managed to get it smartphone but i ve managed to get it through smartphone but i ve managed to get it through it smartphone but i ve managed to get it through it all smartphone but i ve managed to get it through it all right. - get it through it all right. i ll try get it through it all right. i ll try to get it through it all right. i ll try to use get it through it all right. i ll try to use less - get it through it all right. i ll try to use less of- get it through it all right. i i ll try to use less of tiktok. my screen i ll try to use less of tiktok. my screen time i ll try to use less of tiktok. my screen time is i ll try to use less of tiktok. my screen time is high - i ll try to use less of tiktok. my screen time is high on . i ll try to use less of tiktok. i my screen time is high on that. judging my screen time is high on that. judging by my screen time is high on that. judging by the my screen time is high on that. judging by the initial judging by the initial reaction, perhaps the students aren t quite ready to give up their smartphones entirely but their smartphones entirely but the detox might start to slowly change their habits. gamestop has raised around $2.14 billion from a share sale programme. retail investors have turbo charged the stock after influencer roaring kitty, also known as keith gill, talked up the shares following his highly anticipated return to youtube. shares in the so called meme stock are up by around 5%. joey jaws chestnut has been told he cannot take part in america s premiere hot dog contest. it comes after the competitive eating star struck a sponsorship deal with vegan brand impossible foods. chestnut has been removed from next month s nathan s hot dog eating contest in new york. nathan s and impossible are direct competitors in the hot dog space. and that s it for this edition of business today. thanks for watching. just because we ve got a disability doesn t for me, trust is about presence, about fostering relationships around the world. we re not chasing stories, we re we re not chasing stories, we re already there. it s we re not chasing stories, we re already there. it s about atience we re already there. it s about patience - we re already there. it s about patience - not we re already there. it s about patience - not rushing - we re already there. it s about patience - not rushing to - we re already there. it s about patience - not rushing to be . patience not rushing to be the patience not rushing to be the first, patience not rushing to be the first, but patience not rushing to be the first, but striving - patience not rushing to be the first, but striving to - patience not rushing to be the first, but striving to get| the first, but striving to get it right the first, but striving to get it riuht. ., ., it right. to get to the truth. precision- it right. to get to the truth. precision. knowledge. - it right. to get to the truth. | precision. knowledge. facts. wadina precision. knowledge. facts. wading through precision. knowledge. facts. wading through endless - precision. knowledge. facts. i wading through endless waves precision. knowledge. facts. - wading through endless waves of disinformation. we wading through endless waves of disinformation. disinformation. we can t ust ask the questions. disinformation. we can t ust ask the questions. we h disinformation. we can tjust ask the questions. we have l disinformation. we can tjust. ask the questions. we have to auestion ask the questions. we have to question the ask the questions. we have to question the answers. - question the answers. debate. debate. debate. irate question the answers. debate. debate. debate. we have to create a debate. debate. debate. we have to create a space debate. debate. debate. we have to create a space for debate. debate. debate. we have to create a space for opposing - to create a space for opposing voices to create a space for opposing voices to to create a space for opposing voices to he to create a space for opposing voices to be heard. to create a space for opposing voices to be heard. find- voices to be heard. and challenged. voices to be heard. and challenged. we - voices to be heard. and challenged. we fight i voices to be heard. and i challenged. we fight every day- to challenged. we fight every day. to earn challenged. we fight every day. .. to earn your- challenged. we fight every day. to earn your trust. l challenged. we fight every i day. to earn your trust. and we never day. to earn your trust. and we never take day. to earn your trust. and we never take it day. to earn your trust. and we never take it for day. to earn your trust. and we never take it for granted. l we never take it for granted. we capture we never take it for granted. we capture the we never take it for granted. we capture the story. - we never take it for granted. we capture the story. fact. we capture the story. fact check the story. irate we capture the story. fact check the story. we capture the story. fact check the story. we break the sto . check the story. we break the story- we check the story. we break the story. we explore check the story. we break the story. we explore the - check the story. we break the story. we explore the story. | check the story. we break the l story. we explore the story. so ou can story. we explore the story. so you can trust story. we explore the story. so you can trust us story. we explore the story. so you can trust us to story. we explore the story. so you can trust us to tell - story. we explore the story. so you can trust us to tell it. - hello and welcome to sportsday. i m marc edwards. raising the bar. italy s olympic champion gianmarco tamberi thrills home fans by taking highjump gold at the european athletics championships. erik staying hag, the dutchman, will remain as manager of manchester united following a post season review and still in with a chance. pakistan beat canada as they live to fight another day at the t20 world cup.
facing a flood of cheap chinese cars, europe s expected to raise tariffs on electric vehicles today. apple investors push its value up to record highs following its foray into the world of ai. we ll look ahead to the uk s latest economic data as april s gdp data is released. will it spur a bank of england rate cut? plus, supplies are squeezed for the makers of orange juice with prices going up due to extreme weather and disease. welcome to business today. we start in europe, where china is accused of drawing upon surplus capacity to dump electric vehicles at artificially low prices into the european market. policymakers in europe and the united states claim hefty state subsidies in china allow ev manufacturers to produce cars at prices that are impossible to compete with. in the us the biden administration raised its tariff on imports of chinese battery powered cars from 25% to 100%. later today, the european commission is expected to provisionally raise duties on ev s imported from china from the standard level of 10% for third country imports to between 20% and 25%. here s some background from david waddell. there is a growing tussle between electric vehicle manufacturers in china, europe and the united states. in recent months tesla has been forced to cut the prices of its vehicles and of its self driving software. that is because it is facing stiff competition from the likes of china s biggest ev producer byd, another growing competitors. manufacturers want to start not only to their own domestic market but also explored. byd wants to sell to the united states and tesla wants to sell into china. there is human mask trying to smooth feathers on a recent trip to beijing. we see now the spectre of protectionism. china stands accused of unfairly subsidising its own producers. one way or another european consumers are faced with a choice and it includes expensive electric vehicles from the eu or cheap imports from china. i got into a report by this with bank ubs published in september, byd could produce cars at about 25% less than the legacy global carmakers. last month the us took decisive action, but meditation raised tariffs on imports of china s cars 25% to 100%. part imports of china s cars 25% to ioo%. part of a wider package of measures targeting imports from china. beijing condemned as naked protectionism. russell seems poised to take similar action. brussels. and tariffs could hurt european companies as well. for example, bmw is building its ix3 electric suv at a factory in dadong, to be exported to europe. the company also intends to import large quantities of chinese made electric minis. let s cross live now to anna marie baisden, head of autos & infrastructure research at bmi, a fitch solutions company. always good to see you. this is complicated. girly europe is fighting back as was the us. yes. we expect whatever tariffs are introduced will be something much more moderate than the us because trade is much more of a 2 way street between the ee and china than it is between china and the us. chinese imports to the us are actually very small. 100% is no good to have as much of an impact. whereas the european brands really don t want the eu to cause any kind of retaliation from china that would make it difficult for them to then export the chinese market which is still important. there are some european brands actually importing from china themselves. it has been a good balancing act for the eu.- balancing act for the eu. there seems to balancing act for the eu. there seems to be balancing act for the eu. there seems to be a balancing act for the eu. there seems to be a problem - balancing act for the eu. there seems to be a problem with i balancing act for the eu. there | seems to be a problem with the audio but let s persevere. you may want to move your microphone or something like that because we are getting a bit of interference. to say as far as europe is concerned, this is a very important relationship for europe and some key economies in europe. china is an important market. a difficult balancing act between putting tariffs on goods such as electric vehicles and not burning bridges with china. absolutely. given that we have seen growth slowing in china which is one of the reasons, you mentioned the excess capacity for the chinese brands and the fact they are looking for other nuggets to now target. still very important, especially volume terms. the biggest market out there and still important for these brands to have a foothold. in terms of demand for electric vehicles in europe, what is that looking like in the moment? it is slowing down. this is another risk from all brands, european, chinese. we have seen a move away from electric towards hybrid. that is a big change for everyone in the market. obviously with the pricing the waiters, consumers who choose electric are likely to move towards these cheaper brands and it is why we start to cbe you take on more of a stance against this now. what i euro ean stance against this now. what i european governments - stance against this now. what i european governments doing i stance against this now. what i | european governments doing to try and help their car sectors as they transition to electric vehicles? as they transition to electric vehicles? ~ . , ,., vehicles? we have seen some companies vehicles? we have seen some companies actually, vehicles? we have seen some companies actually, some - companies actually, some countries rather, state national policies won t apply to chinese brands. there is certainly a belief among automakers that the eu as a whole could do more as far as your european support. something that helps brands as much as it does punish chinese brands. ~ ., . much as it does punish chinese brands. ~ . . , brands. we will watch this s - ace. brands. we will watch this space. good brands. we will watch this space. good to brands. we will watch this space. good to talk- brands. we will watch this space. good to talk to - brands. we will watch this | space. good to talk to you, thank you for your time this morning. let s stay with news coming out of china. latest inflation numbers. consumer inflation in the worlds second biggest economy held steady at an annual rate of 0.3% in the month of may. but the concern still is about what is happening in factories. the producer price index, which measures changes in the price of industrial products, contracted one point 4% year on year that is slightly worse than expected, still a marked improvement on april s 2.5% decline. live now to louise loo, senior economist at oxford economics. lovely to see you again. what are you reading from these numbers we have had today about how china is doing? how china is doing? today s numbers how china is doing? today s numbers are how china is doing? today s numbers are broadly - how china is doing? today s numbers are broadly in - how china is doing? today s numbers are broadly in line| numbers are broadly in line with what markets are expecting. china is a low inflation environment. what that suggests is for the rest of this year, at least when it comes to prices on short, we are likely to see a little bit of a u shaped recovery, it has been bottoming out for quite a while. the numbers you mentioned are slightly better than what it was a month ago. much of that is based on for, we cannot extrapolate improvements on short and we know it locally that there are depressed discounts happening. given the weak domestic demand and brands are still trying to push out to the consumer. china is viewed as push out to the consumer. china is viewed as the push out to the consumer. china is viewed as the factory - push out to the consumer. china is viewed as the factory of - push out to the consumer. china is viewed as the factory of the i is viewed as the factory of the world and has been for some time. what does it mean this construction we are seen? it is improvement but not significant improvement. is that because of less experts going out of china? is it because of domestic demand being weak? what is happening? domestic demand being weak? what is happening? demand has been uuite what is happening? demand has been quite weak what is happening? demand has been quite weak and what is happening? demand has been quite weak and so - what is happening? demand has been quite weak and so far- what is happening? demand has been quite weak and so far what| been quite weak and so far what has been driving the going forward as exports. we know we re heading into the peak tariff risk season for china. might potentially see tariffs coming out of eu letter today. many see more momentum behind us tariffs. i think export resiliency we have been seeing so far this year is likely to really fade away quickly. which means the company s onshore when it comes to produce a prius indices, we might see a lot more downward pressure going forward than upward recovery many are expecting. i recovery many are expecting. i was talking to anne marie about the potential you referred to of tariffs on electric vehicles put on from europe today. what impact do you think that will have in your opinion? the quantity have in your opinion? the quantity of have in your opinion? the quantity of tariffs - have in your opinion? the quantity of tariffs will - have in your opinion? tie: quantity of tariffs will be small which is good news for the chinese. it is a big market and it will prompt some level of retaliatory measures from the chinese especially on them might potentially raise tariffs, we know they are picking up tariffs on eu motor levels. when it is attracting some pushback from european carmakers. the leaders of european car manufacturers. there is a balancing act the eu leaders have 2 way up against. when it comes to some of the tariffs forcibly the end result is we might see a smaller more politically significant tariff but not so much economically damaging. but not so much economically damaging- but not so much economically damauain. , ., damaging. give your take on the latest news damaging. give your take on the latest news out damaging. give your take on the latest news out of damaging. give your take on the latest news out of china. - latest news out of china. thank you for your take. let s get some of the day s other news now. the tesla boss elon musk has been accused of making billions of dollars by selling tesla stock with insider information. the accusation is made by an institutional investor in a delaware court. mr musk and his brother solder $30 billion of tesla stock between late 2021 and the end of 2022. the lawsuit accuses him of concealing plans to buy the social media platform then known as twitter. it also claims he knew that deliveries of tesla cars had fallen far below public projections. tehre has been no comment from mr musk or tesla. two former directors of the british department store bhs have been ordered to pay at least £18 million to creditors over their role in the collapse of the retailer eight years ago. a court found that lennars henningson and dominic chandler had breached their corporate duties after the acquisition of the retailer by continuing to trade despite knowing their was no reasonable chance it could avoid insolvency. the chain was sold to their employer in 2015 for one pound, but collapsed a year later resulting in 11,000 job losses and a £571 million pensions shortfall. now yesterday we covered the launch of apple intelligence, which initially triggered a bit of a hit to the company s share price. but that s now seen a reversal as wall street digested the news. apple shares leapt sharply on tuesday to record highs, and the company s overtaken nvidia to become the world s second most valuable company a whisker away from microsoft. our north america business correspondent erin delmore has more on the story in new york. investors have been waiting for month to see how apple would embrace ai. on monday they got their answer, a partnership with openai. an chatgpt powers for theory and some enhancements like proof reading and writing help and ai generated images and emerges. it was not until tuesday that the market rewarded apple s efforts. the new ai tools are only available on one models of apple products like the iphone 15 pro. the 1a series and order will not do it neither the base model iphone 15. will not do it neither the base model iphone15. ipads and macs will have to have apple pie oratory and one chip or neuro. investors are betting consumers will upgrade the devices to take advantage of the new tools that will lead to more sales for apple. well, let s explore that more now with susannah streeter, who s head of markets and money at hargreaves lansdown. apple back at number two. no big surprise deposit it was quite interesting to see beach up quite interesting to see beach up reaction in the other direction to its ai offering. it was. apple has been late to the ai party but now there is an expectation it will take up an expectation it will take up a big spot on the dance floor. in particular the way it will help drive the integration of ai into everyday life. through this deal with openai. essentially a big upgrade to the siri assistant. expectation it will develop a very powerful digital copilot for consumers. by digital copilot for consumers. by only being available in belated models, the expectation is it will drive product sales going forward. just how much remains to be seen. how infused and willing will consumers be to get the hands on the latest new kit. we see other iterations in the past, huge demand for the latest product and we just have to see how the technology plays out. just what it can do and may be able to do in the future to really get a grip on how much demand there will be. , grip on how much demand there will be. h . ~ grip on how much demand there will be. , ., ~ ., will be. let s talk about raspberry will be. let s talk about raspberry pie will be. let s talk about raspberry pie which - will be. let s talk about - raspberry pie which viewers may not have heard of, unlike apple. it also had quite an incredible day of the market yesterday. it incredible day of the market yesterday- yesterday. it certainly did. this ipo yesterday. it certainly did. this mo of yesterday. it certainly did. this ipo of this yesterday. it certainly did. this ipo of this computerl this ipo of this computer company that creates these low cost computers really thought it shares on their debut. only treated by institutional investors but they rose 43% and this offer among retail investors was seriously oversubscribed. we have where my clients that wanted to buy the shares than actually was provided for under the terms of this offer. it really shows there is a big desire among retail investors in the uk to invest in british companies and particularly in british technology companies that it has really lifted hopes of an ipo revival in london. there are changes afoot to try and create london as more attractive place to list, the conduct authority launching this review with expectation will have this coming perhaps in the next few months. that certainly would be welcome because at the moment lots of retail investors miss out from operas like this. and would like to see these types of ipos being open to many more investors in the uk. i being open to many more investors in the uk.- being open to many more investors in the uk. i get very much. investors in the uk. i get very much- the investors in the uk. i get very much. the low investors in the uk. i get very much. the low down - investors in the uk. i get very much. the low down on - investors in the uk. i get very - much. the low down on raspberry pi, a cambridge based business. shares are up some 40% on their debut. around the world and across the uk. this is bbc news. as you ve been hearing here in the uk the political parties have been unveiling their election manifestos this week as voters head to the polls onjuly 1l today we ll get a better idea of the health of the uk economy when the latest growth numbers are released in around 90 minutes time. it was in recession at the end of last year and managed to eek out 0.6% grwoth in the first three months of this year. so what is the picture now? i m joined by george buckley, chief uk & euro area economist at nomura. good morning. we hope we are still going in the uk, the economy? still going in the uk, the econom ? ~ ., , economy? we are. the recovery in the first economy? we are. the recovery in the first quarter economy? we are. the recovery in the first quarter of economy? we are. the recovery in the first quarter of this - in the first quarter of this year, 0.6% is a strong quarterly rate of growth, may not sound it but on a quarter thatis not sound it but on a quarter that is very strong. have to bearin that is very strong. have to bear in mind it is coming on the back of the session, maybe not surprisingly was a bit of a balance in q1 of this year, more edges and to see where that growth rate settles. i doubt we will see 0.6% of all the way through the 2024, i suspect it will be weaker. the other thing to notice is we have not seen very back to back rises on a monthly basis in gdp and the size of the economy since 2022 but that is what we saw in the first quarter of this year. some strong numbers, i would not be surprised if we see a bit of payback in april figures today and the market, the consensus dictation is we see a very small fall in the month of april. see a very small fall in the month of april. part of that is to do with month of april. part of that is to do with the month of april. part of that is to do with the fact month of april. part of that is to do with the fact that - month of april. part of that is j to do with the fact that easter fell in march, also has been raining, orthat fell in march, also has been raining, or that affects how much we get out and spend money or do stuff or domestic demand. inflation has come down quite a bit. give us your take on how this will be read by the bank of england was that at the same time we have of this manifesto is launched this week but are promising all sorts of uk economy. it promising all sorts of uk economy- promising all sorts of uk economy. if you look the headline economy. if you look the headline rate economy. if you look the headline rate of- economy. if you look the | headline rate of inflation, economy. if you look the i headline rate of inflation, it has come down fairly materially and this is probably one of the reasons rishi sunak called the election when he data. it was no coincidence it was on the same day inflation figures were released and fell by almost a percentage point due to be to be low to use when you look at the details of the report, the services domestic generated inflation was still far too strong for what the bank of england would like to see. running at almost 6%. they have to be careful these numbers are still very high. we need to look outside of the headline numbers and into the detail to see this. the other thing is we saw labour market yesterday report very strong in the sense of wages that are still growing at an elevated pace. the bank of england won t be happy about that. i don t think there was any danger that next week we will see a rate cut, it might be delayed until later in the summer or possibly beyond. thank you for your time. now if it s not too late, it might be time to rethink your breakfast. the orange juice industry is experiencing an unprecedented price spike due to disease and extreme weather events in brazil. did you know brazil accounts for around 70% of global orangejuice production. the situation there has been exacerbated by declining production in other major orange growing regions such as florida, israel, spain and argentina. i have just the i havejust the present i have just the present to talk to about this. joining me now is kees cools, president of the international fruit and vegetable juice association. a warm welcome. what is going wrong in brazil at the moment? you already said a, two things, it is the weather. they had some unusually high temperatures in 2023. also the rain which normally helps the trees to grow and bring fruit. also the rain has been much less, 30% than usual. these are of the two weather affects that impacted growth. as you said, the more important thing is now becoming a disease that kills trees over a period of time. unfortunately, we have not been able to find any cure for it. it is a devastating disease. if you look at florida, which wants is to be one of the world s leading suppliers of orange juice and orangejuice juice and orange juice concentrate, juice and orangejuice concentrate, to give you a number, florida was harvesting some ten, 15 years ago some 242 million boxes and 95% of production has gone because of the same disease. you can imagine what it means for the global supply. imagine what it means for the globalsupply. now imagine what it means for the global supply. now it is in brazil in the biggest supplier of the markets. that is why prices have almost tripled beyond chipboard. that is a very negative effect. what impact does this have on the brazilian economy? produces 70% ofthe brazilian economy? produces 70% of the worlds brazilian economy? produces 70% of the worlds orange brazilian economy? produces 70% of the worlds orange juice. - brazilian economy? produces 70% of the worlds orange juice. the . of the worlds orange juice. the first thing that happens is farmers will have an impact on their income because there is less to harvest, less to sell. prices are going up. that is some factor. the same goes for the processors, about three or four large processor is that turn these fresh oranges introduce and concentrate and ship around the world. definitely has a negative impact on the brazilian economy and in particular on the economy of the joyce industry and suppliers. economy of the joyce industry and suppliers- economy of the joyce industry and suppliers. when it comes to the disease and suppliers. when it comes to the disease itself, and suppliers. when it comes to the disease itself, scientists - the disease itself, scientists are busy trying to combat this? it is really devastating crops in brazil and also in florida. what is happening in terms of progress in trying to overcome this disease? in progress in trying to overcome this disease? this disease? in florida, it has been this disease? in florida, it has been going this disease? in florida, it has been going on - this disease? in florida, it has been going on for- this disease? in florida, it i has been going on for almost this disease? in florida, it - has been going on for almost 15 years and we have not found solutions. all the super size we have nowadays, we have not been able to find a cure. people are working hard. in brazil, the united states and elsewhere to go and find trees resistant to the disease. also at the same time the new weather circumstances. work is going on the cure has not been found and bombers can keep attri alive by putting extra fertiliser but in the end but is also extra costs and they cannot save the tree. the time being, we will have to consume orangejuice as is being, we will have to consume orange juice as is still there but we can also move to other juices like apple, grape, tropical. juices like apple, grape, tropical- juices like apple, grape, troical. ., ., tropical. almost out of time but thank tropical. almost out of time but thank you tropical. almost out of time but thank you for tropical. almost out of time j but thank you for explaining the situation. it sounds very challenging. that is all. hello there. it s felt quite pleasant in any strong june sunshine. but generally temperatures have been below par for this time of year and wednesday looks pretty similar to the last few days. some spells of sunshine, variable cloud and further showers mostly across eastern areas. i think there ll be fewer showers around on wednesday because this is a ridge of high pressure, will tend to kill the showers off. the winds will be lighter, but we re still got that blue hue, that cold arctic air hanging around for at least one more day before something milder starts to push in off the atlantic, but with wind and rain. so it s a chilly start to wednesday. temperatures could be in low single digits in some rural spots. these are towns and city values. a little bit of mist and fog where skies have cleared overnight, but it s here where you ll have the best of the sunshine, northern and western areas. a bit of cloud across eastern scotland, eastern england, one 01’ two showers. through the day, it ll be one of sunshine and showers, but the clouds will tend to build most of the showers eastern areas, tending to stay drier towards the west with the best of the sunshine. so it could be up to 17 or 18 degrees in the sunniest spots, but generally cool, ten to 15 or 16 celsius. and then as we move through wednesday night, any showers fade away, lengthy, clear skies. the temperatures will tumble against mist and fog developing. temperatures in rural spots dipping close to freezing in a few places. generally, though, in the towns and cities, we re looking at 4 to eight degrees. now we ll start to see some changes into thursday. we change the wind direction, we lose that cooler air, something a bit milder. but this frontal system tied into low pressure will start to bring wet and windy weather initially into northern ireland, spreading across the irish sea, into western britain and pushing its way eastward. so we start dry with some early sunshine across eastern areas and it should stay dry, i think in eastern england, eastern scotland until after dark. we change the wind direction despite more cloud around, 17 or 18 degrees. and it means thursday night will be milder. so a milder start to friday, but low pressure across the country bring stronger winds, sunshine and showers or longer spells of rain. some of these showers will be heavy and thundery, particularly across southern and western areas. but despite that, in the sunshine, it ll feel a little bit warmer, maybe 19 or 20 degrees. not much change into the weekend, low pressure dominates the scene. it ll be breezy at times. there will be showers or longer spells of rain again, some of them heavy and thundery. but in the sunnier, brighter moments, it llfeela bit warmer, 19 or 20 degrees. and another thing you ll notice, it will feel milder at night. take care. good morning. welcome to breakfast withjon kay and sally nugent. hello. it s six o clock. our headlines today. the green party launches its election manifesto, pledging to increase taxes for higher earners to transform health, housing and transport. good morning. personal finances good morning. personalfinances and our nation s finance are at the heart of this election campaign. i ve come to newcastle to find out how businesses and households are feeling, and if it can swing the vote. good morning from munich ahead of the start of football s european championship, with the hosts germany taking on scotland in the opening match of the tournament here in
voice-over: this is bbc news. we will have the headlines for you at the top of the hour, which is straight after this programme. welcome to hardtalk. i m stephen sackur. of all the world s continents, africa is the one likely to see the greatest transformation in the course of this century. it will likely be home to almost 40% of all humanity by 2100. if, by then, africans have benefited from sustainable development, their global economic power will be enormous. if they haven t, then they could be facing cataclysmic levels of economic and environmental breakdown. my guest is the president of the african development bank, akinwumi adesina, sometimes dubbed africa s optimist in chief . is his positivity realistic or deluded? akinwumi adesina, welcome to hardtalk. it s good to see you, stephen. it s great to have you here. you need the world to believe in a bright african future. how is that going right now? it s going pretty well. if you take a look at the african economic outlook we had from the african development bank, the gdp growth rate, gdp growth rates last year was 3.1%. this year, it s 3.7%. and next year, it s going to be 4.3%. now, why that is important is that that is well above the global average. you still have ten out of the 20 fastest growing economies in the world being in africa. yeah, it s not quite as good as it sounds because you have fast rising populations across africa. yes, but when you have a lot of global shocks like we have, increasing real interest rates, and you have also a lot of geopolitical risks, you have a lot of inflation all around the world, africa still has its head above the water. yeah, i agree with you that in terms of the population growth rate, it s still high. real gdp is still not as high as we want it to be. africa still needs to grow at double digits, though, for probably another 10, 20 years before you see.millions of people taking out of poverty. but don t forget, africa is still the pivotal continent in which it has tremendous amount of opportunities to actually accelerate its development. but as boss of the african development bank, you need to persuade investors both state investors, multilateral institution investors and private investors that africa is a risk worth taking. and right now, we see political instability in many different parts of the continent. we see massive economic problems, perhaps highlighted most by youth unemployment, across the continent of africa. the risks still look enormous to the outsider. well, you know. i mean, you walk across the street, it s a risk. you take a flight, it s a risk. the world is all about risk, the world is about managing risk. yeah, but the investors of the world face choices. they don t have any particular reason to want to invest in africa. let me tell you why they should actually invest in africa, even if i accept some of the risk. first is take a look at what you were saying earlier in terms of population growth rate. you have a continent that is going to have 2.5 billion people by 2050, right? that s going to be really. especially young people you have a77 million of them less than the age of 35. that s the workforce of the world. secondly. yeah, many of them unemployed young people who will be deeply discontented. no, but actually, when you actually turn that demographic advantage into an economic dividend, that s a different thing. but take a look at also the agricultural potential. well, you know, africa has 65% of the uncultivated arable land left to feed the world, 9.5 billion people, by 2050. that s not in asia, that s not in latin america or europe. it s in africa. so what africa does with agriculture will determine the future of food in the world. but also, remember. 0k. we ll get to the detail of some of that proposition later. but let s just stick with risk because, again, this is about money and it s about loans and debts. and right now, i think it s right to say 22 or 23 african nations are struggling with the kind of massive debt that means they re flirting with default. i mean, some of them have defaulted. zambia, for example, defaulted in 2020. it s onlyjust emerging from default now. that represents, for a lender, a clear and obvious form of risk. well, let s take a look at the risk. perception is not reality. data matters. you know, moody s analytics did an assessment a iii year assessment of cumulative risk of losses on infrastructure around the world. guess what they found. they found that risk of loss in africa actual risk of loss in africa was 1.6%. 1.9%. latin america was roughly 12%. north america was 10%. if you take a look at western asia, 4.5%. so that means that africa is not as risky as people say. that said, you do have market risk, you do have political risk, you do have financial risk. and that s what we do as multilateral development banks, is to de risk those investments. but if you take a look at it in terms of risk return analysis, africa is still the place to be. hang on. some of this is jargon. so let s be simple about it. when you say we need to de risk some of the lending to africa, you basically mean you want special treatment, don t you, from institutions like the imf? no. no, it s not special treatment at all. in fact, africa wants no freebies. we have the instruments to de risk. let me give you some. well, it is special treatment, because you want these special drawing rights from the imf. they re literally called special drawing rights . yeah, but i ll tell you, you know, take a look at what we re talking about here. if you take, for example, benin, if benin needed to go to the capital markets to raise money from external investors, right? you still have a risk premium that african countries have, because everybody keeps saying, just like you said, africa risks premium. we have. it costs us three to four times to raise money than any part of the world. but we have partial credit guarantees that allows us to use $195 million to allow them to raise $400 million from external investors. we did the same also for senegal. we did the same for cote d ivoire, with $400 million to raise $530 million. what that does is it allows you to go into the capital markets, allows you to raise money long term and at a lower interest rate. and that is how we de risk investment. that s very, very important. we just did something, by the way, for egypt. we gave them a partial credit guarantee that allowed them to go issue panda bonds, $500 million on the capital markets, for china. it seems to me one of your messages over your quite long tenure now as president of the adb has been that the key multilateral financial institutions the imf, the world bank they are not sufficiently able or willing to understand africa, and they need more african involvement and input. 0veryourtenure, have you seen things change? for example, i m looking at the fact that the imf has created or is in the process of creating a third seat for africa on its board. south africa, for example, is now included in the g20. have you seen things change? well, you know, there s no choice. i mean, there s no doubt that everything has to change even more, right? first and foremost, their globalfinancial architecture is not serving the interests of africa very well. take a look at what happened during covid. while the developed countries actually disbursed, what, fiscal stimulus $19 trillion, 19% of the global gdp africa did what? $83 billion? that s just a minuscule 4.5%. take a look at climate change, right? climate change is devastating africa more than anybody else, any other parts of the world. we didn t cause climate change, only 3% of accumulated emissions, but we suffer $7 to $15 billion of losses every single year. ijust came from nairobi, where we had our annual meetings there devastated by floods. and you have zimbabwe devastated by drought and malawi and zambia with that. now what happens is africa needs, you know, stephen, 30. it gets $30 billion in terms of climate adaptation, but it needs $277 billion. now, let s go further in terms of what has happened also with the issue of debt that you were talking about. 0k, we have, you know, the situation for debt was not just because economics were being mismanaged. no, we still have, you know. people say you have long covid you have long fiscal covid here, in the sense that the economies are still trying to recover from the effects of that covid. but the two instruments that the global financial architecture put up, it s not solving that problem. you have the debt service suspension initiative, which was just simply postpone the evil day. then you have the g20 common framework. so your message is, you know, that, thanks to covid, thanks to climate change, africa s faced profound economic challenges and the international community hasn t really stepped up and responded and understood and appreciated ? if i mayjust say, because you mentioned the issue of the sdr, i ll talk about that. the special drawing rights? special drawing rights. you know, that special drawing rights, i have been a global champion for the need for us to take those special drawing rights of imf and use it better. when they were issued as a contingent facility, $650 billion were issued. africa gets hammered, $33 billion, $4.5 million. so. so i get it. i get it. the message you ve delivered over years is that the international community needs to do more. but i.want to tell you. ..for africa. ineed. i need to switch the focus a little bit because you re a former minister of agriculture in nigeria, you re an african politician. surely it s incumbent upon you to recognise that part of the problem here is desperately poor governance infartoo many countries inside africa. well, you know, there s no doubt about the need anywhere in the world to have improved governance, improved transparency, improved accountability. you know, we are. so i don t see you talking about that. no, no. i do. let s talk about. well, let s talk about it. ..one of the most famous african writers, and sort of the conscience of africa, wole soyinka, the nigerian novelist. he said, too many african states are run by his quote sick old men, dictators, authoritarians who ve been around for decades and decades. corruption is endemic in too many countries in africa. isn t it incumbent upon you to focus some of your effort on getting african nations to change? we actually, within the african development bank, have a programme called sega. you know, it is all about economic governance in africa. it has to do with public financial management. it has to do with debt management. it has to do with reducing illicit capital flows. now, i agree with you today, we have illicit capital flows out of africa, about $89 billion a year. sometimes it s like pouring water into a basket, right? it needs to be able to hold it. but this much, i will say, even as i agree with all of that corruption is not unique to africa. look. nobody s saying that. no, no. nobody s saying that. but what i m interested in, i m interested in your priorities. no, no. hang on. there was an extraordinary report in the financial times last year which revealed that your own african development bank anti corruption fund which was established, at that point, seven years earlier had never been used. there was $55 million there to finance anti corruption efforts, which you simply hadn t tapped into. no, that is absolutely. why? it s not correct. you know, we actually have an independent anti corruption unit that actually sanctions companies that have non competitive behaviour. you set up a fund and you didn t spend the money that was in the fund. will you let me make the point? because you re asking me the question, so let me answer it. the point is, we actually have the fund. but in implementing that fund, guess what we found? we found that there were conflict of interests in the way the fund itself was set up. as president of the bank, i m not going to mingle that with the funds of the bank. and we said, no, we can t do that. we need to find a way in which that is given to a third party. the money is there, the money is going to a third party. but, look, we re not going to mingle money we ve got for those that pay sanctions to ourselves. it just seems extraordinary that for seven years, you had an anti corruption fund, a so called integrity fund, which you didn t spend a single dollarfrom. well, $54 million. we are a $380 million bank. and just so that you know, the african development bank was ranked just last year as the most transparent institution in the world. let s get back to the strategic vision. you ve outlined it to a certain extent with me over the last few minutes. it is undoubtedly true that climate change and energy transition is one of the key pillars of what you want to achieve with this investment in africa. how s it going? it s going pretty well. you know, we now devote 55% of our overall financing in the bank to climate. when i was elected in 2015, we had only 9% going to climate. but climate is the biggest issue. climate adaptation is the biggest issue. now we have three ways in which we re supporting african countries on that. first is we are. we ve made a commitment to double our climate finance to $25 billion by 2030. second, we have a programme that is called african adaptation acceleration program, which is to deploy $25 billion for climate adaptation. by the way, it s the largest climate adaptation programme in the world, together with the global centre on adaptation. and thirdly, nine out of ten, stephen, countries that are most vulnerable to climate change in the world are in africa. 100% of them are in the low income countries that we serve with the african development fund. so what we did was we created a climate action window with $429 million that will rise to about $13 billion to deploy capital to support those countries to be able to, you know for example, let me get practical here provide crop insurance for 20 million farmers and also have a million hectares of land that s been degraded to be improved, and also 20 million people to have climate information. and so that s what we do. now, interestingly, we have one programme that s working very well. it s called africa disaster risk insurance facility. what it does essentially is it pays premiums for countries when they face exogenous shocks like this one. we ve been able to do it for 15 countries. we re scaling that now to $1 billion to be able to insure countries against catastrophic risk events. but it s still not enough. it s still not enough. lots of different mitigation and adaptation efforts that are being financed partly, at least by the adb. i m just interested to know whether you are still willing to finance investment in fossil fuel production, exploration and production, in africa? there are countries from mozambique to angola to zimbabwe which are still major players and, to a certain extent, rely on fossil fuel energy. are you prepared to put money in those projects? we are not doing upstream work on oil or gas. any? no, and we don t fund coal either. however, i will say this. we fund natural gas because natural gas is a very important transition fuel for africa, just like it is in europe, where you are, right? you turn on your cooker and you cook. guess what? with gas. why should that be different from african countries? where we lose today, we have 1.2 billion people that don t have access to clean cooking energy. you know, we lose 300,000 women every year. all they are trying to do is just cook a decent meal. that doesn t make any sense. secondly, it s that we need gas also for fertilisers. the same way in which the west has fertilisers, africa has the right to be able to do that. but this much i will say about gas, so that we don t confuse ourselves. you know, gas reduces the amount of emissions you actually get from relying primarily on just simply other fossil fuels. and secondly, when you use that for clean cooking, it actually saves hundreds of millions of hectares of land. thus far, all the promises made by the rich world the industrialised, developed world to pour billions of dollars into developing economies, particularly in africa, to help them cope with the potentially devastating impacts of climate change, that money hasn t yet been delivered in any serious amount. is it your message that countries in africa need now to be given massive sort of financial recompense for not, for example, deforesting their extraordinary natural assets? i m thinking of a country like democratic republic of congo which has vast forests. yeah. you know, in fact, if you take a look at africa today, that congo basin that you were talking aboutjust now is the second only to amazon in terms of the carbon lungs for the world. and so africa is providing the global public goods for which it s not paid for. you know, basically, you have vast carbon sinks, you have vast forests, you have biodiversity, but africa is nature rich but cash poor. but how do you get people to listen to this message? well, let me tell you what we re doing about it, what we re saying. we re not going to be doing that any more. if you take what got us to all the mess that we re all dealing with globally today, it s because of the way we measure wealth. we measure wealth by saying gross domestic product, value of goods and services that an economy produces. but who really cares? because that doesn t tell you anything about the technology used to do it, the externalities for it, and who internalises the externalities. in the case of africa, we have all this forest, and we say we re going to have to revalue and rebase the gdp of africa based on its natural capital stock. and why is that important? so you basically take these forests and say, this is real wealth. yes. ..and it has to be recognised, and therefore you have to give us the credit that comes with having that asset ? yes, steve. and the thing is, if you take a look at the debt to gdp ratio, which is the measure that we use to determine whether your debt is sustainable or not, if you rebase your gdp based on your natural capital stock, your debt to gdp ratio falls. no, iunderstand. no, no, but i want to. and therefore it s easier for you to borrow money, which is where you and the adb come in. i get all that, but isn t there an element of blackmail to this? because the underlying message seems to be, yes, we are custodians of this vast natural asset call it a carbon sink and the message is, if you don t recognise that and recognise it as part of our asset base, our wealth and loan to us accordingly, we will exploit it, we ll mine it, we ll deforest it. no, no, no, no, no. no. you see, the coming. it s not about exploitation. it s about being wise and valuing yourself properly, just like if you and i go to a commercial bank and you re trying to value your assets. all we are saying is we want african economies to develop going green. but in going green, the proper valuation of the natural capital of africa, it s very, very important, so africa stops being nature rich and cash poor. 0k, we need to move on because we don t have that much time. 0k. i just want to ask you a little bit more about demographics. you earlier were telling me what a great asset it is for africa to have these hundreds of millions of young people. i, at the beginning, talked about africa becoming home to 4 in 10 of all humanity, potentially, by 2100. isn t the truth of this that there is no way africa can support the levels of population growth that we currently see? well, i think africa is doing well with regard to that. three things i want to say. first is, education matters. you know, with 477 million people under the age of 35, i. and it kind of. sometimes i, you know, see migration to mediterranean and all of that, that breaks my heart, of course. but here is. but it s actually increasing. yeah, exactly. but the future of africa s youth is not here in london. it s not in europe. it s not in latin america. it must be in an africa growing very well, equitably and able to create jobs. but what we are doing. ok, i see the potential, but i also see the downsides. not so very long ago, a few years ago, in this studio, nigeria s former president 0basanjo told me that the levels of population growth in africa that he saw at that particular time, i think it was 2017, represented a ticking time bomb. would you use that language today? i wouldn t use that term. you know, i don t disagree with him. ijust think we need to grow much faster to be able to turn that demographic dividend into an economic dividend. and if you allow me just to make that point, that is why, for example, isn t it odd, stephen, that we have a continent with that amount of people, we don t have financial institutions for young people? and that s why the african development bank is rolling out what we call youth entrepreneurship investment banks. they are new financial institutions that will give debt and equity for the businesses of young people, because i firmly believe that we must create youth based wealth in africa. we have to improve their skills, their entrepreneurship, their access to financing, and for them to be able to play a bigger role in our economy. look, the future of the world is going to depend on what happens to the youth of africa. and so we are putting our financing at risk on their behalf. otherwise that s going to be our biggest risk, is not taking care of our youth. that s a very powerful statement you just made about how crucially important africa is to the future of the world. you need outside help to ensure that africa s 21st century is a positive story, not a negative one. where do you think most of that help is going to come from in the future? the economist magazine says that america has essentially lost interest in africa. it s so preoccupied with problems in other parts of the world. does that mean that china, maybe russia as well, are going to be where you at the adb, perhaps, but certainly african nation states look for economic support and cooperation in the future? ijust came back from nairobi, where we had the annual meeting, steve, of the african development bank. the african development bank, which has 81 shareholders, which includes 54 african. it includes the us and china. and uk, by the way, great supporter of us, you know. but my point is, geopolitical tensions are rising. does africa need to make a choice about who it partners with? yeah, but i want to say is that we got an increase in capital of the bank from all our shareholders, $117 billion. that puts our capital at $308 billion. and that came from all over. it came from the united states. it came from uk, it came from italy. it came from everybody else. but when it comes to investments, we need to be able to have investors in africa. yes, you and i talk about the issue of risk and how we manage those risks. and those investors can come from any part of the world. the fact of the matter is africa.doesn t have to really choose. africa has to decide what s in its own interest and be able to attract the kind of investments it needs. take a look at the transformative power of working together. you know, we have, for example, the lobito corridor, which is linking.angola to zambia, which we are doing with the united states. we also have other corridors we are working with multiple partners on. we also have, by the way, stephen, and i hope i can invite you there, what is called the africa investment forum, which we ve been running for the last five years, and we ve been able to mobilise well over $180 billion of investment interest to africa. same africa that you were saying has risk is exactly where people are coming to put their money. if you re not in africa, i wonder where else you ll be putting your money in. that s where the frontier is. clearly, this is a hugely important story. but for now, akinwumi adesina, thank you very much forjoining me on hardtalk. thank you, stephen. thank you. very good to see you. hello there. for most of us a disappointing start to the week. gusts of wind from the north and in excess of 30 miles an hour. temperatures struggled to get into double figures. slightly different further south and west. just look at anglesea. temperatures peaking at around 18- 19 temperatures peaking at around 18 19 degrees. high pressure continuing to nudge in from the west. likely to be a few showers around but hopefully fewer and further between. most frequently across eastern scotland and eastern england. sunny spells and scattered showers into the afternoon, impacting the temperature. again, with a little more shelter and sunshine, 17 or 18 to celsius not out of the question. scattered showers moving through northern ireland and scotland. hopefully they will either through the afternoon. temperatures are still really struggling. as we move out of tuesday into wednesday, this ridge of high pressure will continue to kill off the showers. wednesday likely to be the driest day of the week. make the most of it, more rain to come. a pretty chilly start once again to wednesday morning. single figures across the country. low single figures in rural spots but hopefully the showers should be few and further between. more sunshine out to the west. temperatures of similar value we have seen all week. the wind direction will start to change as we move into thursday. unfortunately, towards the end of the week, the low pressure will take over and we will see further spells of rain. at times heavy but the wind and will play its part a little. temperatures climbing a degree or so but do not expect anything too significant because we have the cloud and rain around. across eastern and southeast england we could see highs of 20 celsius. take care. live from london, this is bbc news. joe biden s son, hunter, is found guilty of lying about his drug use to buy a gun. hamas says it wants a complete halt to war in response to us backed peace plans. scottish political leaders clash over the cost of living and independence in a bbc debate. and, how long could you last without your smartphone? we meet the teens going cold turkey for five whole days. hello. i m sally bundock. the son of the us president joe biden is facing
hello and welcome. this is business today. after months of speculation, apple has revealed its plans for artificial intelligence in a move that chief executive tim cook has called the next big step . the tech giant is to boost its siri voice assistant and operating systems with openai s chatgpt as it seeks to catch up in the ai race. it s part of a new personalised ai system called apple intelligence. here s our north america business correspondent erin delmore. the hardest abereaviation in tech these days is easily ai. now, apple is taking its shot at redefining artificial intelligence into apple intelligence. the company unveiled a series of ai related announcements at the world development conference on monday. chief among them a partnership with the artificial intelligence juggernaut, intelligencejuggernaut, openai. that will allow apple to integrate the start up s cutting edge chat bot, chatgpt, into its including a superpowered siri. apple s signature voice assistant will be available with chatgpt features for free later this year. other new additions include ai generated images and emojis and help with toning improvements. this is apple s big stand in integrating the ai features that have captured users attentions and company s big bucks. wall street has spent the year rewarding firms that have not onlyjumped on but rewarded it, like nvidia. last week, it overtook apple itself to become the second most valuable company in the world by market capitalisation. microsoft, which has its own long standing partnership with openai remains the most powerful. lets get the view of carolina milanesi president and principal analyst at creative strategies. what did you make of the big reveal? i what did you make of the big reveal? ~ ., , ., , reveal? i think what people were surprised reveal? i think what people were surprised about - reveal? i think what people were surprised about is - reveal? i think what people were surprised about is thei were surprised about is the fact that apple intelligence is actually home grown. so that is not what chatgpt is powering. so that is something that apple has created on its own merit, with its own technology, its own silicon and its cloud, to keep everything personal and private. where chatgpt comes in, it becomes a bit more like a table stakes of general queries that we have been accustomed to do and play with, which chatgpt and other services, is on its own chat bot. so if you like, you were talking about it becoming smarter. apple is making siri smarter. apple is making siri smarter and chatgpt makes siri more knowledgeable. 50. smarter and chatgpt makes siri more knowledgeable. more knowledgeable. so, the oint more knowledgeable. so, the point you more knowledgeable. so, the point you made more knowledgeable. so, the point you made about - more knowledgeable. so, the point you made about apple | point you made about apple intelligence, it is its own software chips, etc, etc. yes. do ou software chips, etc, etc. yes. do you think software chips, etc, etc. yes. do you think that software chips, etc, etc. yes. do you think that people - software chips, etc, etc. yes. do you think that people willl do you think that people will therefore, think that it is more superior? it is more secure and safer in some way? i think that they re certainly going to believe that privacy is at the core of what apple wants to deliver, and is more personal. there s no question that consumers across different countries trust the brand of apple. apple doesn t monetise from consumer s data. it monetises through hardware, so it is in their interest to bring hardware back. so the di phone for example. and we ve seen that apple intelligence will be available only on the latest devices that are running either an m1 on mac and ipad, or on the iphone, the iphone pro and pro max. or on the iphone, the iphone pro and pro max. how does this com are pro and pro max. how does this compare to pro and pro max. how does this compare to what pro and pro max. how does this compare to what microsoft - pro and pro max. how does this compare to what microsoft or i compare to what microsoft or google are offering? i mean, apple has been seen to be behind? does this now bring it up behind? does this now bring it up to speed? is it now possibly going to move ahead? your thoughts? i going to move ahead? your thoughts? thoughts? i think it s a very different thoughts? i think it s a very different business - thoughts? i think it s a very different business model. l thoughts? i think it s a very - different business model. both google and microsoft are in the cloud business, so they are in the large language model business, and they are monetising from services like co pilots and duet. for apple, everything is free because they monetise from the hardware. so it s hard to make a comparison. there is no question that being more personal will drive more engagement from a user perspective. engagement from a user perspective- engagement from a user perspective. 0k. well, it s aood perspective. 0k. well, it s good to perspective. 0k. well, it s good to get perspective. 0k. well, it s good to get your perspective. 0k. well, it s good to get your take. - perspective. 0k. well, it s i good to get your take. thank you for your time. well lets stay on the theme of ai the ceo of morgan stanley, ted pick, has said the use of ai could companies financial advisers between 10 and 15 hours a week. he told a conference it s potentially really game changing . lets explore this with will walker arnott, director of private clients at charles stanley. good morning to you. good morning- good morning to you. good morning. so, good morning to you. good morning. so, can good morning to you. good morning. so, can you - good morning to you. good morning. so, can you see l good morning to you. good - morning. so, can you see this? would that morning. so, can you see this? would that be morning. so, can you see this? would that be the morning. so, can you see this? would that be the case, - morning. so, can you see this? would that be the case, for- would that be the case, for example, in your line of work? you could save 10 15 hours a week if ai you could save 10 15 hours a week if al was really implemented where you are? we re actually own bid an american company called raymond james, and they really see the role of ai as not replacing human roles but augmenting and increasing productivity. so the first thing rolled out is access to co pilot, which is a microsoft product which helps us to review long documents and analyse them very quickly. but also, we have some preparatory called opportunities, which is released by raymond james, which when we get in, in the morning, we ll review portfolios and prompt us to react. and finally in the back office, we can improve productivityjust office, we can improve productivity just through things like when we re processing documentation. so i think that it will save time and will be a game changer in the wealth management arena. now, let s talk about apple from the market perspective. shares actually went down after this big launch, as it were. and yet, the snp500 closing at a record high. five of the so called magnificent seven stocks doing well yesterday. why was apple not riding the wave of this reveal of the ai plans? i wave of this reveal of the ai lans? ~ ., wave of this reveal of the ai lans? ~ ., , ., , plans? i think to be honest, it had a very plans? i think to be honest, it had a very strong plans? i think to be honest, it had a very strong recovery - plans? i think to be honest, it. had a very strong recovery over the last three months. if you go back to the turn of the year, there was a lot of concerns around the company surrounding chinese demand and the like. and the share price has since had a strong sense of due won earnings has rallied hard. so a little bit of profit taking after the announcements, but you re quite right, the big technology companies are really supporting growth in us market, and that s really down to the strong earnings we saw in the recent results season.- recent results season. now, it s a busy recent results season. now, it s a busy week recent results season. now, it s a busy week for - recent results season. now, it s a busy week for you - recent results season. now, it s a busy week for you and | it s a busy week for you and others watching financial markets. we have the federal reserve meeting starting today. of course, they wrap that up on wednesday. lots of thoughts of where they re headed. oil prices spiked on monday as well. brent crude still above $81 a barrel. and then us inflation numbers out this week as well. it s going to be busy, isn t it? ., as well. it s going to be busy, isn t it? . , ., as well. it s going to be busy, isn t it? . , ., , isn t it? yeah, it s a busy, busy week- isn t it? yeah, it s a busy, busy week. and isn t it? yeah, it s a busy, busy week. and you re - isn t it? yeah, it s a busy, i busy week. and you re quite right all surprises did spring up a bit yesterday. but over the year, they ve been pretty flat. we re about to enter the driving season in the us, which traditionally means there s a lot more demand for oil. but i think the fact that president biden will not want to see oil prices rising ahead of an election means that he s going to continue to release his strategic reserves and keep a cap on that. so i think that the oil price will remain range bound. and looking for, yes, we have inflation data from us. we also have the federal reserve where markets are still expecting interest rates to go up expecting interest rates to go up one or two times possibly this year, which seems about right. this year, which seems about riuht. ,, right. all right, goodness me! thanks for right. all right, goodness me! thanks for talking right. all right, goodness me! thanks for talking to - right. all right, goodness me! thanks for talking to us. - right. all right, goodness me! thanks for talking to us. have j thanks for talking to us. have a good day. we ll see you again, soon. here in the uk, we will get the latestjobs data in around 90 minutes time as pressure mounts on the bank of england to join other major banks in cutting interest rates. but economists expect to see wage growth of around 6% in the three months to april an acceleration which could leave a rate cut less likely over fears of the labour market fuelling inflation. toby fowlston is chief executive of the recruitment company robert walters group. good to have you on bbc news again, tony. so tell us what you re expecting? what will we learn about uk jobs market today? learn about uk “obs market toda ? ,., ., learn about uk “obs market toda ? , ., ., ., learn about uk “obs market toda ? ., , today? good morning, sally. well, it wouldn t today? good morning, sally. well, it wouldn t surprise - today? good morning, sally. | well, it wouldn t surprise me to see perhaps a small drop in terms of the number of vacancies, orat terms of the number of vacancies, or at best, terms of the number of vacancies, orat best, it perhaps staying flat. vacancies, or at best, it perhaps staying flat. and from our perhaps staying flat. and from your point perhaps staying flat. and from your point of perhaps staying flat. and from your point of view, perhaps staying flat. and from your point of view, as - perhaps staying flat. and from your point of view, as a - your point of view, as a recruitment company, what are the trends at the moment? well, we re seeing. the trends at the moment? well, we re seeing. so the trends at the moment? well, we re seeing. so we the trends at the moment? well, we re seeing. so we operate . we re seeing. so we operate in the professional services space. we ve sort of gone from what was deemed the great resignation coming out of covid in 2021 and 2022, and then we moved into the boomerang people realised that they needed to work and went back to employers now we ve sort of entered this phrase being coined as the big stay . and it really comes down to just a lack of confidence. a lack of confidence on clients, obviously cost of hiring, and also a particular lack of confidence with candidates, who are obviously seeing what s going on in the world and they are choosing, albeit anecdotally, looking to move the actual physical movement of people. we rejust the actual physical movement of people. we re just not seeing that happening as it was previously. that happening as it was previously- that happening as it was reviousl . , ., ., previously. does that mean we re in previously. does that mean we re in an previously. does that mean we re in an unhealthy - previously. does that mean i we re in an unhealthy position in the ukjobs market? because also, of course, the number that the government is looking at quite closely all the time is the so called economically inactive those who are not in work that could well be in work for various reasons? for various reasons? yeah. so we ve seen for various reasons? yeah. so we ve seen an for various reasons? yeah. so we ve seen an increase - for various reasons? yeah. so we ve seen an increase in - we ve seen an increase in long term sickness in the workplace. i think we re up to 2.8 million in february 2024 were the numbers. down to various reasons long covid, nhs delays, interest in people working from home and not set “p working from home and not set up properly in term of equipment. so that has increased. so we re also seeing a lack of confidence with candidates who. .. a lack of confidence with candidates who. and let s not forget, they went into the job market in 2021 and 2022. salaries were at a premium. we had inflation. that inflation got to inflection point of around 10%ment and then we started to see that clients couldn t keep up that rate of inflation in terms of real pay. so today what we ve got is low unemployment, candidates sat on relatively high salary premiums in the professional services space. why would they move at the moment? so we need confidence to come back. we need to start seeing enter prize businesses hiring and we need to see some stability in the marketplace. the marketplace. and, of course. the marketplace. and, of course, all the marketplace. and, of course, all the the marketplace. and, of course, all the political. course, all the political parties are talking about this, aren t they? how uk economy will be given a boost post election. we ve got the conservative manifesto coming out today. are you hopeful that whatever the outcome of the election, it will mean policies in place that will help to boost uk economy? in place that will help to boost uk econom ? . ., boost uk economy? yeah, i mean, i ll leave the boost uk economy? yeah, i mean, i ll leave the politics boost uk economy? yeah, i mean, i ll leave the politics to i ll leave the politics to politicians. but from a working perspective, firstly we need stability. we need a decision. then we need a government that s going to start looking at how we can encourage workers back in. so examples of that would be greater learning and education. we know there s going to have to be a huge reskilling of the workforce with the increase in al. and actually, we re looking at perhaps half of the professional working force having to reskill by 2030. i think things around how we can support employees as well in terms of cost of living right now are going to be really important. now are going to be really important- now are going to be really imortant. . ., important. thanks, toby. good to net important. thanks, toby. good to get your important. thanks, toby. good to get your take. staying in the uk the lack of affordable housing is a big issue and with an election imminent this problem is getting a lot of attention. the uk has the highest housing costs in the english speaking world with typically more than a quarter of disposable income spent on housing. so what are the wider issues in the housing sector across the uk and why aren t enough homes being built? here s our economics editor faisal islam. as the cost of living squeeze from energy and food costs starts to settle, there is no such luck with housing. mortgage and rental costs are still rising the latter by record amounts. this is a long term issue basic supply and demand as you can see at this new housing development in warwickshire. many of these new homes are going forjust over £300,000. that s bang on the average house price in this country. and we can see how that s changed over the past three decades or so no surprise to see that line going up and up. what has changed has been the relationship with affordability. back in the late 90s, five years worth of annual average income was more than the average house price. now, it s crossed over, the gap is massive and looks very difficult to bridge. it s all about house building. successive governments over years, over decades, have made big promises on house building, often not met. this is what s happened for england, over the past ten years, broken down per three month quarter. a similar pattern across the united kingdom. the conservatives made a promise in 2017, a manifesto commitment in 2019, to meet a target of 300,000 homes per year by the mid 2020s, so that s about 75,000 a quarter. it s only even nearly met in a single quarter, and that s because of a rush on green targets, then it falls quite sharply in the second half of last year. now, the government argues it has met a separate, lower target of a million new homes in the past parliament, but we don t have the full figures for that yet. the labour party say it will continue that target for the next five years if it wins 1.5 million new homes over that five year period. the financial crisis, the pandemic, rising interest rates and inflation all can be blamed, but mass house building has only historically been done when government funds it, and the parties seem to agree there isn t the money. in the 60s, local authorities were building a lot of social housing, and that has died down in the 90s, and without this push, we can never get enough new builds. and then there s planning. yes, 50, planning permission has therefore been refused. up and down the country, in lengthy councillors meetings just like these, now recorded on council websites. applause. ..there are the familiar sight and sound of new homes not being built, planning permission refused repeatedly. the two main parties do differ here. labour says it s willing to build on specific areas of the green belt that are not so green they call the grey belt. ultimately, both for buying and renting, supply not responding to demand means higher housing costs, the most enduring aspect of the cost of living crisis. around the world and across the uk. this is bbc news. singapore airlines has set aside more than a million dollars in compensation for the injured passengers of a flight which suffered severe turbulence last month while flying from london to singapore. the flight diverted to bangkok. at the time passengers recounted scenes of absolute terror and one british passenger died from a suspected heart attack during the incident. live now to nick marsh in our asia business hub. tell us more about the offer. what does it mean to the passengers? what does it mean to the ”asseners? ,, ., ~ , passengers? sing apore airlines have off offered passengers? sing apore airlines have off offered $10,000 - passengers? sing apore airlines have off offered $10,000 to - have off offered $10,000 to each passenger who received minor injuries. i ve reached out to singapore airlines and asked firstly, what does minor mean and how many passengers are we talking about? they haven t responded as of yet. i ll keep you updated when they do. but we do know that more than a hundred people were treated in hospital after that flight diverted to bangkok following that turbulence. so we re talking about at least a hundred people entitled to this $10,000. for people who sustained more severe injuries, they ve been offered an initial advance payment of $25,000 us. and that s actually subject to negotiation depending on how bad your injuries were. in terms of the actual flight, sally, i ll remind people watching what happened. it was a flight from london to singapore. it hit really bad turbulence over myanmar. the plane dropped 178 feet more than 50 metres in less than five seconds. when through all kinds of g force changes. people said it was an absolutely terrifying experience. one man, obviously, sadly died. and bad news for singapore airlines who had been doing really well financially up doing really well financially up to then. now they ll have to she“ up to then. now they ll have to shell out all of the compensation money. 0k, compensation money. ok, thank you for the latest. the oil giant, bp, has tightened its rules on workplace relationships after its former boss was dismissed for failing to disclose details about his personal relationships with colleagues. senior managers must now report any intimate relationships that have taken place with colleagues in the last three years. with more, here s david waddell. bp s chief executive was sacked in december, accused of certificate yours misconduct serious misconduct. he lost his jobs along with millions of pounds of share allowances and bonuses. in december, the firm accused its former boss of providing inaccurate assurances as part of 2022 investigation. they said he knowingly misled the board. at the time, mr luney said he was disappointed with the way the situation had been handled. this week, bp said it had updated its conflict of interest policy after looking at comparable organisations and good industry practice. previously, employees were only required to disclose and record family or intimate relationships at work if they felt there could be a conflict of interest. but this policy goes much wider. about 4,500 managers have been asked to submit any reports in the next three months whether or not they feel they represent a conflict of interest. the company said the changes reflect the influ especially that leaders have, and any failure of compliance could lead to disciplinary action. the chartered institute of personnel and development said that any relationships between managers and employees would be a clear conflict of interest, and should be reported as they could create risks around confidentiality and fairness. now will you be popping out for a run after this programme? maybe you are on the treadmill now. this week in the uk, it is bike week, and many use one of a number of fitness apps to track progress against goals when they re doing such activities. so the fitness world has delivered a number of devices and apps to allow users to take part in a growing community. strava is one of them. it currently has 120 million users around the world. joining me now is the company s ceo michael martin. i assume that you are a strava user. i i assume that you are a strava user. ., ., i assume that you are a strava user. . ., , ., user. i am, i have been for the last seven user. i am, i have been for the last seven years user. i am, i have been for the last seven years what - user. i am, i have been for the last seven years what is - user. i am, i have been for the last seven years what is that? l last seven years what is that? running, hiking, cycling? soi primarily go on runs, often with my dog, as well as walks, swims and cycling. swims and cycling. ok, this week is bike swims and cycling. ok, this week is bike week- swims and cycling. ok, this week is bike week in - swims and cycling. ok, this week is bike week in uk. i swims and cycling. ok, this i week is bike week in uk. the whole point of is to encourage people on to their bikes, to change their transport option from maybe going in a car to cycling. that kind of thing, increasing health, wellbeing. do you see. do you notice a difference during the weeks in strava. do you see a surge of activity? strava. do you see a surge of activi ? ~ ., ., ., activity? we do, although those surues activity? we do, although those surges during activity? we do, although those surges during weeks activity? we do, although those surges during weeks like - activity? we do, although those surges during weeks like this i surges during weeks like this are actually relatively minor versus the overall trends in growth on cycling overall. specifically in the uk and also specifically to commute. ok. specifically to commute. 0k, and ust specifically to commute. 0k, and just talk specifically to commute. 0k, and just talk us specifically to commute. ok, and just talk us through how artificial intelligence is changing what you offer? i presume you re going to be moving in that direction? absolutely. one of the things that we announced recently is our first products using ai. i ve worked with artificial intelligence and machine learning for almost a decade now. i ve never been particularly interested in the novelty of the technology, but i ve been amazed by its ability to solve real problems. and combining artificial intelligence with the world s. .. intelligence with the world s. with the data from the world s largest active community, i believe is going to unlock new types of motivation and get more people on their bikes more frequently. so, it s a win win from your perspective. there are those who say that there are cheats on strava. this is something i ve been hearing, in the sense that you ve got your leaderboards and it can be quite competitive in terms of who s the fastest on a particular route, etc. how do you counter that? how do you make sure that someone is genuine in terms of the data that they re putting in? that s a problem that they re putting in? that s a problem that that they re putting in? that s a problem that strava - that they re putting in? that s a problem that strava has - a problem that strava has frankly had for quite a while. it s one of the most requested fixes that the community has asked for. and given my background in tech, it s actually a perfect example of a problem that al is suited to solve. before it was very, very difficult to actually discern with great precision and accuracy what was a false record versus somebody who was just doing better than everybody else. but that is tailor made for artificial intelligence, and that was one of the other announcements that we made recently. that s the second way that we re going to be deploying ai second way that we re going to be deploying al to help people on strava. ., . , be deploying al to help people on strava- on strava. how many of your users are on strava. how many of your users are free on strava. how many of your users are free users? - on strava. how many of your users are free users? and i on strava. how many of your i users are free users? and how many are on paying you a subscription? what s the percentage? brute subscription? what s the percentage? subscription? what s the ”ercentae? ~ ., ,. percentage? we don t disclose that. but percentage? we don t disclose that- but i percentage? we don t disclose that. but | will percentage? we don t disclose that. but i will say percentage? we don t disclose that. but i will say that - percentage? we don t disclose that. but i will say that we ve i that. but i will say that we ve been seeing growth, both in terms of the free usage, but also growth in terms of our subscriber base and we re really excited. that growth has continued following the pandemic. and it s actually accelerated within the last year. accelerated within the last ear. , ., ., year. and i understand that ou re year. and i understand that you re moving year. and i understand that you re moving to year. and i understand that you re moving to try - year. and i understand that you re moving to try to - you re moving to try to encourage more women to use so what s the plan from that point of view? ~ , ,., , ., of view? absolutely. the women are under pen of view? absolutely. the women are under pen rated of view? absolutely. the women are under pen rated in of view? absolutely. the women are under pen rated in terms - of view? absolutely. the women are under pen rated in terms of. are under pen rated in terms of their activity in sport overall. and i believe that strava has a true opportunity here to actually make sport more inclusive, specifically for herself. so we ve announced a number of features intended to help with some of the challenges that she has, specifically things that would allow women to feel more safe as they go for a run or for a ride. give them more control of the information that they share. and i think that s going to be great for them. we re seeing the early data right now. just this year in the uk, for the last six months, we re seeing womenjoin strava for the last six months, we re seeing women join strava at twice the rate of last year. but then i think that those tools and those capabilities will also broadly applicable to others in the flat for as well. 0k, others in the flat for as well. ok, interesting on the platform as well. ok, interesting. thank you for joining us on the programme. thank you. thank you. thankyou. thank ou. ., thank you. so whatever you re u . thank you. so whatever you re u- to thank you. so whatever you re up to today. thank you. so whatever you re up to today, maybe thank you. so whatever you re up to today, maybe you re - thank you. so whatever you re i up to today, maybe you re going on your bike or going for a run enjoy. thank you for your company. i ll see you soon. hello, there. for most of us, it has been a disappointing start to the week, in terms of the weather. a frequent rash of showers, particularly across scotland, gusts of winds coming from the north, and in excess of 30 mph, at times. temperatures struggled to get into double figures, but it was a slightly different story, further south and west. just look at anglesey beautiful afternoon, lots of sunshine and temperatures peaked at around 18 or 19 degrees. high pressure is continuing to nudge its way in from the west, so west will be best, through the course of tuesday. there s still likely to be a few showers around, but hopefully few and further between. most frequent showers, certainly, are going to be across eastern scotland and down through eastern england. so, sunny spells and scattered showers going into the afternoon. that will have an impact with the temperature, 14 or 15 degrees, but again, with a little more shelter, a little more sunshine, 17 or 18 celsius not out of the question. a few scattered showers moving their way through northern ireland and scotland. hopefully, some of these will ease through the afternoon, but you can see those temperatures still really struggling ten to 15 degrees at the very best. now, as we move out of tuesday into wednesday, this little ridge of high pressure will continue to kill off the showers. so, wednesday is likely to be the driest day of the week and make the most of it there s more rain to come, but it will be a pretty chilly start, once again, to wednesday morning. single figures right across the country, low single figures in rural spots. but, hopefully, the showers should be a little bit few and further between and more favoured spots for those showers, once again, to the east of the pennines. more sunshine out to the west. temperatures, generally, similar values to what we ve seen all week, 10 to 18 degrees the high, but the wind direction will start to change, as we move into thursday. unfortunately, towards the end of the week, this low pressure will take over. we ll see further spells of rain at times, some of it heavy. but the wind direction will play its part, a little a south westerly wind means that we will see temperatures climbing a degree or so. don t expect anything too significant, because we ve got the cloud and the rain around. but it s not out of the question that across eastern and southeast england, we could see highs of 20 celsius. take care. good morning welcome to breakfast withjon kay and sally nugent, our headlines today. a promise to cut another two pence from national insurance as the conservatives launch their general election manifesto. labour say the prime minister is desperate good morning from taunton in somerset, one of the new constituencies in this election. we have been talking to voters about what matters to them most and whether they have decided where they will be putting their cross on the 4th ofjuly. former rugby union player ed slater pays tribute to rob burrow and says thank you for supporting people with motor neurone disease. in sport, scotland are already there. now, after a royal send off england are, too. gareth southgate s squad arrive at their euros base in germany with the tournament starting on friday. good morning. we are seeing some sunshine today but generally there will be a lot of cloud, some showers. showers especially in eastern areas and it
as the billionaire pop star s eras tour gets underway in scotland. welcome to business today. i m sally bundock. more now on the results in europe as the bloc s parliamentary elections come to a close. as you ve been hearing, we ve seen a surge on the right across the region. we ve seen a surge to the right across the region. in france, the strong showing for marine le pen s national rally triggering a snap election in france called late yesterday by president emmanuel macron. the outcome of these elections are of significance because the politicians in the european parliament will be agreeing on the bloc s budget and economic policies and its position on trade. the european union is the world s largest trading bloc the top trading partner for 80 countries worldwide. with 27 member countries and an integrated economy, it has a combined population of around 440 million people. that s a vast consumer base for its own producers and exporters around the world. let s hear now from rebecca christie, senior fellow at bruegel. good morning to you, rebecca. first of all, your reaction to the results? first of all, your reaction to the results? the situation in france is the results? the situation in france is shocking. - the results? the situation in france is shocking. not - the results? the situation in france is shocking. notjust| france is shocking. notjust that the national rally party came in with 32% of the vote, but that it was really twice that of emmanuel macron s renaissance party and that he called snap elections so soon after, because he felt he could not govern without a new mandate. not govern without a new mandate- not govern without a new mandate. ., ., , ., ~ mandate. so, what do you think drove voters mandate. so, what do you think drove voters to mandate. so, what do you think drove voters to the drove voters to the centre right and further right? was it about economics? cost of living crisis? the fact that people are feeling worse off at the moment? it’s that people are feeling worse off at the moment? off at the moment? it s very different. off at the moment? it s very different, country off at the moment? it s very different, country by - off at the moment? it s veryl different, country by country. you do see a lot of discontent with the status quo, and a feeling of frustration. in france, that turned out, as we just discussed. in hungary, for example, viktor orban s party is facing a challenge for the first time in recent memory. in germany, the centre right christian democratic union, which is a very mainstream party, did better than people might have expected. however, olaf scholz, the current chancellor his party did worse. so we re seeing just a general sense that folks would like to do something different. going forward, when it comes to the big decisions about the budget, for example, which is really controversial how much money each country puts in the pot what does this result mean for those kind of discussions and negotiations going forward? the discussions and negotiations going forward? going forward? the new parliament going forward? the new parliament will - going forward? the new parliament will probably going forward? the new i parliament will probably be more unpredictable, or even more unpredictable, or even more unpredictable and very fractious. i would expect different alliances to form on different alliances to form on different issues. the consensus on financial regulation will be different from that on, perhaps, environmental regulation and energy regulation. again, on the budget, as you say one of the big decisions coming up is whether the eu will continue to be a bond borrower the way it has been through the pandemic. and deciding what to do with the remains of this pandemic borrowing programme and whether to have another one after 2026 will be a huge deal. will be a huge deal. we ve mentioned will be a huge deal. we ve mentioned globally - will be a huge deal. we ve mentioned globally the . will be a huge deal. we vej mentioned globally the eu will be a huge deal. we ve - mentioned globally the eu bloc is the biggest trading bloc in the world. what does this mean in terms of its global position economically? in terms of its global position economically? the eu really has to balance economically? the eu really has to balance its economically? the eu really has to balance its relationship - to balance its relationship with china and also its relationship with washington. the us, of course, has its own elections coming up later this year that will be at least as much of an effect on that will have at least as much of an effect on what s going on in europe as the eu political situation. meanwhile, with china, we are expecting in the next week or so to get some news on how the eu is going to approach automobile tariffs. all of this sets the stage for a lot of debate about how open, how much trade, how is the eu going to de risk and not de couple, as they say? because the eu cannot afford to stop trading with china, but it also wants to protect itself. fik. wants to protect itself. 0k. interesting. wants to protect itself. 0k. interesting. thank - wants to protect itself. 0k. interesting. thank you - wants to protect itself. ok. interesting. thank you for your time. good to get your take this morning. seniorfigures from germany s governing coalition have reacted angrily to a speech by the chief executive of deutsche borse, theodor vymer. in it, he railed against the country s reputation amongst investors and said germany was on the path to becoming a developing country. the speech was delivered to the bavarian economic council in april, but surfaced on social media on friday. a leading social democrat told the financial times it was more beer tent than dax listed company executive, while a green party spokeswoman tweeted her irritation on x. here are some excerpts from that speech. translation: i know half the dax peeple translation: i know half the dax people here translation: i know half the dax people here personally i translation: | know half the | dax people here personally on a first name basis. i get around a lot. i don t want to spoil it tonight, but one thing is clear. our reputation has never been as bad as it is now. economically speaking, we are on the way to becoming a developing country. we re making ourselves small in front of brussels and berlin, the entrepreneurs. yes, and the americans tell me straight to my face, stop being a public economy that sits like a rabbit in front of a snake and demands that the snake bite. become a private economy like us. the difference is now that, in the usa, they say, we don t care which old man becomes president. our migration policy i don t want to get too political is seen by everyone as completely wrong. our focus on do gooders everyone as completely wrong. ourfocus on do gooders is not shared anywhere. economic migration means that, if you have a shortage of skilled workers, you bring in people who work, who speak your language, and generate social products. but not those who collect 50% of the citizens income and send it somewhere else. let s explore all that now with russ mould, investment director at aj bell. good morning to you, russ. good morninu. good morning to you, russ. good morning- this good morning to you, russ. good morning. this is good morning to you, russ. good morning. this is really good morning to you, russ. good morning. this is really come - morning. this is really come interesting morning. this is really come interesting that morning. this is really come interesting that this - morning. this is really come interesting that this comes i morning. this is really come l interesting that this comes to the fore now off the back of these parliamentary elections in europe, where actually things worked out quite differently for germany as well and for chancellor olaf scholz. - and for chancellor olaf scholz. ., ., - and for chancellor olaf scholz. . ., ., m scholz. yeah, i had a quick look on scholz. yeah, i had a quick look on x scholz. yeah, i had a quick look on x this scholz. yeah, i had a quick look on x this morning, . look on x this morning, formerly known as twitter, and it now has 470,000 views although only 13,000 of those who ve watched it have liked it, which is interesting in itself. it does raise some big issues. germany has been through geopolitical shock because of its dependence on russian oil and gas, which it s now had to wean itself off. its economically performed pretty poorly even in the first pandemic period. even the stock market one of its major companies is going through a mire in the courts, so you can see why there s a crisis of confidence. from an investment point of view, however, the german stock market is pretty much still at an all time high. i know vymer said it sjust because german trades are trading cheaply and it s like a junkjob, but international junk job, but international investors junkjob, but international investors still think, indeed, there is still something to look for in germany. he seemed to be venting look for in germany. he seemed to be venting a look for in germany. he seemed to be venting a lot look for in germany. he seemed to be venting a lot of to be venting a lot of frustration in this speech. i have heard other economists that i ve talked to, when they ve been talking about germany, talking about the fact that the lack of investment over time, and the fact that china is now really, when it comes to the car sector in terms of electric vehicles, in particular, taking so much ground, which is germany s most important market.? ground, which is germany s most important market. . . ? ground, which is germany s most important market. . . ? important market.? yeah - and what happens important market.? yeah - and what happens to important market.? yeah - and what happens to the important market.? yeah - and what happens to the internal- what happens to the internal combustion engine for germany is a huge issue. but a lot of theissues is a huge issue. but a lot of the issues that vymer is raising energy, tax, welfare spending, immigration it s a bit of a big echo of what we re hearing in the uk general election campaign where i m sitting right now. and it looks as if the uk s going to shift to the left, whereas europe is shifting to the right. again, there s a discontent with the status quo which we re hearing about. vymer talks about how america is uccing up a lot of investment, whereas germany s finding it hard to attract it. it s interesting that, on one half, he says we need interproblemers and need a smaller state. interproblemers and need a smallerstate. on interproblemers and need a smaller state. on the other hand, he s saying we need smaller subsidies. you can t have your cake and eat it too can t have everything at once. at the same time, it s coming on social media olaf scholz s party getting the worst ever result in the european election, coming third behind the far right alternative for germany. i mean, in his party, in his coalition, there s going to be a lot of naval gazing going on now, isn t there? i think the coalition overall is this sd/liberal/green coalition seems like it s a bit frozen in inaction at the moment, finding it difficult to get anything done. again, ithink it difficult to get anything done. again, i think that s probably part of the frustration that vymer is voicing. this loss of confidence just looking at the american economy, how that continues to surge ahead, is interesting. but remember, president biden is by no means certain to win this election in november that he s fighting, and discontent with the economy and discontent with the economy and inflation are two of the biggest hot button topics there as well. there seems to be a very, very common problem one that s notjust unique to germany, despite how frustrated vymer is. germany, despite how frustrated v mer is. ,, ., ~ germany, despite how frustrated v meris. ,, ., ,, vymer is. ok. russ. thank you. good to see vymer is. ok. russ. thank you. good to see you. vymer is. ok. russ. thank you. good to see you. see vymer is. ok. russ. thank you. good to see you. see you - vymer is. ok. russ. thank you. good to see you. see you again| good to see you. see you again soon. the global tech industry is gathering today for london tech week, with microsoft and ibm in attendance amongst investors and entrepreneurs. the event will look at the challenges of balancing ai innovation with regulation, along with the future of security and data. last month, a british firm called wayve raised over a billion dollars in funding to develop tech for self driving cars. that s the biggest known investment in a european ai company. but the most valuable ai firms are based in the us or china. last week, nvidia hit a valuation of $3 trillion. so, are london and the uk becoming more attractive for international ai investment? let s hear from one of the attendees, russ shaw, founder, tech london advocates & global tech advocates. good morning to you, russ. this is a really important event for you, in particular. given the chat a we just had with russ month old about what s happening here in europe and in london, there s so much concern about london, the london stock exchange, and how things are going for cheap. talk us through how, this week, london techis through how, this week, london tech is going to make a change? well, i ve heard that london tech week is this week. this is our 11th year doing it. it really gives a bit of a boost to the overall sector, the overall economy. you mentioned wayve our latest unicorn in terms of funding. we re going to have many companies represented this week. i think we have to step back and look at the uk tech ecosystem overall. we have over 150 tech unicorns by a number of metrics salary, the uk has the third largest tech system in the world. this week, we have nearly 45,000 attendees coming. last year, it was 30,000. we have over 100 being represented this week. there s a significant amount of interest notjust in london tech, but in uk tech overall and really getting behind this next generation of start ups and scale ups that are emerging. but we need to keep them as well, don t we? if we want to see companies really go above and beyond within the uk and across europe. it s all happening in california and in the far east, isn t it?- the far east, isn t it? yeah. we ve seen the far east, isn t it? yeah. we ve seen a the far east, isn t it? yeah. we ve seen a lot the far east, isn t it? yeah. we ve seen a lot of - the far east, isn t it? yeah. we ve seen a lot of listings| the far east, isn t it? yeah. i we ve seen a lot of listings on the nasdaq. we see a lot of growth in asia and asia pacific. but i think we re starting to see some very good growth coming from uk scaling businesses. i knowjulia businesses. i know julia hoggett businesses. i knowjulia hoggett will be one of our speakers this week talking about what the london stock exchange is planning to do to be more welcoming to the tech uniforms that we re seeing. i think there s a whole game plan being introduced in the coming months to talk about how competitive our public markets can be. so we have to look across the spectrum to make sure, from early stage through start up through scale up through the listings, that the uk market and the european markets are as competitive as the us. there s a lot of work to be done, don t get me wrong. but i think the innovation that s going to be showcased this week during london tech week, i hope, gives a bit of a confidence boost that a lot of great creativity, dynamism and innovation is happening right here. ~ , innovation is happening right here. ~ , ., here. 0k. well, it s good to chat to you here. 0k. well, it s good to chat to you again, - here. 0k. well, it s good to chat to you again, russ. - here. 0k. well, it s good to i chat to you again, russ. thank you. around the world and across the uk, this is bbc news. you re with business today. i m sally bundock. india s prime minister and leader of the bjp party, narenda modi, has been sworn in again for a third term in office this time leading a minority government. that s something he is not used to. let s cross live now to archana shukla in mumbai. archana, how have the indian markets been responding to the latest developments? it s the start of a new trading week. ~ ., ,, , .,, week. well, the markets opened on a muted week. well, the markets opened on a muted scale, week. well, the markets opened on a muted scale, but week. well, the markets opened on a muted scale, but on - week. well, the markets opened on a muted scale, but on the - on a muted scale, but on the positive side. from all the wild swings that we saw last week from record highs post exit polls to tuesday, when prime minister modi s party failed to win a clear majority on its own, the shock element subsided and the markets have actually been on an upward trajectory. investors have come back and market have erased all the losses they made on tuesday almost $400 billion worth of money was lost that day, but all of those losses have been erased. as prime minister modi and his council of ministers took oath yesterday, from the list of the council of ministers, it is evident that they are looking at a policy continuity and a majority of the council of ministers come from his own bjp party. and that is something that experts say markets would be comfortable with, because that shows a sense of continuity. but the wild swings that we saw last week is something that has been of a concern. opposition parties have raised that as a question that, should leaders be making statements, forward looking statements in the market remember, prime minister modi and his home minister, ahmet shah, did say markets would be impacted. thank you. in april, nigerian film star junior pope died when the boat he was travelling in from a film set capsized. an investigation found a number of safety failings, including the fact that the boat driver wasn t certified. hannah gelbart from the bbc s what in the world podcast has been speaking to nollywood actors and producers in lagos about the industry s safety record, and what needs to change. nollywood is booming but it s got a darker side. this is a cultural centre here in lagos, and what you can see around me are some of the remnants of a huge nollywood premiere that took place here last night. it had some of the top names in nigerian cinema. nollywood is one of the biggest film industries in the world it s up industries in the world it s up there with hollywood and india s bollywood. it puts out more than 2,500 films every single year. but recently, there have been some concerns over things like health and safety in its films. in april, top nollywood actor junior pope died in a boat accident. it capsized after hitting a canoe in a river, killing five people.- hitting a canoe in a river, killing five people. send a rescue boat! rescue boat! in this clip, filmed byjunior pope the day before he died, he s clearly concerned about his safety. an investigation found multiple failures the boat wasn t registered, its driver had no licence, and only one passenger was wearing a life jacket. that s because they d brought it onboard themselves. the bbc has obtained a now deleted video clip from the producer s instagram, where she says she was told there were life jackets, and junior pope was offered one, but didn t take it. actress and screenwriter ruth kadyri was a friend of junior pope s, and she was shocked by his passing. it junior pope s, and she was shocked by his passing. it was much more shocked by his passing. it was much more painful shocked by his passing. it was much more painfulfor- shocked by his passing. it was much more painfulfor me, i much more painfulfor me, because i have been in that exact situation before. so i understood the fear, everything he must have felt, at the last minute of his life. i had to shoot an epic movie, so we couldn t use life jackets. i asked everybody on the team if everything was ok. they said yes, the canoe was fine. so i got on the boat. action, they said. they started to paddle. it tumbled into this very big river. my colleague, frankincense, grabbed me cos i can t swim and stuff like that. it s. sighs it s an experience and a day that i will never forget. actor jud dk that i will never forget. actor judy dk says that i will never forget. actor judy dk says the that i will never forget. actor judy dk says the industry i that i will never forget. actor judy dk says the industry is l judy dk says the industry is learning from its mistakes. incidents have been quite low, but right now, it s better. i think the incident was a bit of a wake up call to everybody producers, directors, actors. actors, right now, we know we have to come home. we actors, right now, we know we have to come home. have to come home. we all do crazy things have to come home. we all do crazy things for have to come home. we all do crazy things for the have to come home. we all do crazy things for the love i have to come home. we all do crazy things for the love of i crazy things for the love of this crazy things for the love of thisjoh crazy things for the love of thisjob. coming home at 3am. things thisjob. coming home at 3am. things we thisjob. coming home at 3am. things we would not normally do. things we would not normally do our things we would not normally do. ourtiming for things we would not normally do. our timing for filming things we would not normally do. ourtiming forfilming is do. our timing for filming is insane do. ourtiming forfilming is insane. the industry agents should insane. the industry agents should have proper rest days. i also should have proper rest days. i also think should have proper rest days. i also think individuals should look also think individuals should look after themselves and just fix rest look after themselves and just fix rest days for themselves. as nollywood continues to thrive, the world will now be watching how it treats people who work there. the actors guild of nigeria said in a statement, afterjunior pope s death, that it has set up a committee to look into improving safety guidelines and protocols. it s been a long time coming. but taylor swift has finally brought her record breaking eras tour to the uk. an estimated 800,000 fans will put on their friendship bracelets on will put on their friendship bracelets and get ready to experience what some are calling the concert of a lifetime. but what about the economics behind the music? here s kate moore to break it down for us. taylor swift s eras tour is a culturaljuggernaut. with a run time of 3.5 hours and over 150 shows across five continents, it s generated global headlines and unprecedented demand for tickets. the figures are quite something. it s the highest grossing tour of all time, with over $1 billion in revenue. that sjust time, with over $1 billion in revenue. that s just from the first leg of the tour. some experts believe that it could generate $2 billion by the time it finishes in december. by the end of the run, taylor will have performed to 8 million ticket holders. one concert in seattle generated seismic activity equivalent to that of activity equivalent to that of a 2.3 magnitude earthquake. that s according to a professor at western washington university. the tour has coincided with a huge uptick in the body of taylor swift s work. she s released two new studio albums and re recorded two of her older albums, 1989 and speak now. she s the first billionaire in history where songwriting is the primary source of income. all this is combined to produce what some are calling the era of swiftonomics. i m joined now by a swiftonomics academic, megan wysocki, who s designed and written a course in the discipline at the american university in washington. do tell. . .! do do tell.! do you have a lot of students studying swiftonomics? ., ,, ., swiftonomics? thank you for havin: swiftonomics? thank you for having me swiftonomics? thank you for having me on. swiftonomics? thank you for having me on. yes, - swiftonomics? thank you for having me on. yes, we i swiftonomics? thank you for having me on. yes, we do. l swiftonomics? thank you for l having me on. yes, we do. we currently have about 50 students registered for the course and a waitlist that is just as long. course and a waitlist that is just as long- course and a waitlist that is just as long. and is it - what, three years just as long. and is it - what, three years study? just as long. and is it - what, three years study? what i just as long. and is it - what, three years study? what is i just as long. and is it - what, l three years study? what is it? so it s just a single class, an elective, in the overall major of economics. elective, in the overall ma or of economics.i of economics. ok, so it s a art of of economics. ok, so it s a part of an of economics. ok, so it s a part of an economics i of economics. ok, so it s a l part of an economics degree of economics. ok, so it s a i part of an economics degree or whatever? ok. that makes more sense. sojust whatever? ok. that makes more sense. so just talk us through how she has done this. i mean, she is incredibly wealthy. climbing up the forbes rich list, etc. but it s not so much about her wealth. it s about how she has changed so much within the music industry and what artists gain in terms of their influence and power, isn t it? ., their influence and power, isn t it? . ., ., isn t it? yeah. i mean, we are truly seeing isn t it? yeah. i mean, we are truly seeing an isn t it? yeah. i mean, we are| truly seeing an unprecedented level of market power from taylor swift. i think she s a gifted businesswoman, and she s truly changed so much in the music industry from, you know, streaming services and the portion of proceeds that artists received from their streams, all the way down to ticketmaster and ticket sales. she is truly, you know has truly, you know, cornered the industry and is placing her mark on it. industry and is placing her markon it. ., , ,, mark on it. but also, it s kind of on its mark on it. but also, it s kind of on its head, mark on it. but also, it s kind of on its head, isn t mark on it. but also, it s kind of on its head, isn t it? i of on its head, isn t it? because now, the tour, or the concerts the live events are sort of off the back of huge success, which is driven within the streaming sector, isn t it, really? isn t it, really? yeah. so she s continuously i isn t it, really? yeah. so she s continuously at i isn t it, really? yeah. so| she s continuously at the height of her career. i mean, taylor swift s last tour was, i m going to say, 2017. so we ve now had nine albums since then. she s only continued to grow. really, truly, with these streaming platforms as they ve grown in popularity, grown in user size, grown in market share, we ve seen an unprecedented level of the money and power that she s gaining from these streaming services. , ., . , gaining from these streaming services. , . . services. researchers at itarclavs services. researchers at barclays looked - services. researchers at barclays looked at i services. researchers at barclays looked at how i services. researchers at i barclays looked at how much this would boost the uk economy while she is performing in the uk. she s at various venues in edinburgh at the moment. £997 million boost to the uk economy with swifties, they estimate, forking out £848 on average to see her.?! forking out £848 on average to see her -?! see her.?! yes, truly. it s astonishing, see her.?! yes, truly. it s astonishing, when - see her.?! yes, truly. it s astonishing, when you i see her. . . ?! yes, truly. it s| astonishing, when you think see her.?! yes, truly. it s i astonishing, when you think of how many people can fit into a single venue and how much money that amounts to. that s something we ll be exploring in the course, and really the point that i wanted to explore and make apparent to students is that economics all around us. we can be fans of taylor swift and fans of economics, and how these tours and shows impact everything from your tourism markets, hospitality, these labour industries, the amount of not only concertgoers to these shows, but every single person involved with putting on each and every one of these shows it s monumental. it of these shows - it s monumental.- of these shows - it s monumental. , monumental. it is indeed. and we are out monumental. it is indeed. and we are out of monumental. it is indeed. and we are out of time. monumental. it is indeed. and we are out of time. megan, i we are out of time. megan, thank you forjoining us. really interesting and fascinating. swiftonomics it s a thing! you can go and study swiftonomics. let s show you paris this morning as the sun rises: people across france are waking up people across france are waking up to the news that there ll be a snap parliamentary election just in a few weeks time. the announcement came late yesterday from president emmanuel macron. there is so much more analysis and detail on our website. stay with us here as we keep you up to date on bbc news. hello there. weather for the week ahead is perhaps not the story you want. no significant summer sunshine or warmth, i m afraid. in fact, the story in armagh on sunday really sets the scene just a high of ten degrees. we had cloudy skies with light rain or drizzle with a cool northerly wind as well. now, that rain is sinking its way steadily southwards and it will clear away from eastern england and south east england during monday morning. behind it, this northerly wind and this cooler air source starts to kick in across the country. so a rash of showers, a cold, brisk wind driving those showers in off exposed coasts and drifting their way steadily south across scotland and northern ireland as we go through the morning. here s our cloud and rain still lingering across east yorkshire, lincolnshire first thing showers in off exposed coasts and drifting their way steadily south across scotland and northern ireland as we go through the morning. here s our cloud and rain still lingering across east yorkshire, lincolnshire first thing in the morning, some heavier bursts that will ease away. best of any brighter skies, perhaps across southern england down to the south west. here, showers should be few and further between. but nevertheless, that wind direction still really digging in right across the country. so sunny spells, scattered showers, a brisk northwesterly wind for many, so temperatures just below par really for this time of year, a maximum of 10 15 degrees for most. we might see highs of 17 or 18 if we get some sunshine across south west england and wales. now, as we move out of monday into tuesday, the low pressure drifts off to scandinavia, high pressure builds. it should start to kill off some of the showers out to the west. but with those clearing skies, well, those temperatures will be below path through the night as well, low single figures for some, quite a chilly start to our tuesday morning. hopefully some sunshine around on tuesday. there will continue to be some showers, most frequent ones running down through central and eastern scotland and england. further west, some brighter skies and once again, highs of 17 degrees, but for many, just a maximum of 10 15 once again. moving out of tuesday into wednesday, winds will fall lighter still for a time, but there s another low pushing in and that will bring some wetter weather to close out the end of the working week. it will gradually start to change the wind direction. so, after a drier day on wednesday, it will turn that little bit milder, but also wetter as we head into the weekend. good morning, welcome to breakfast withjon kay and sally nugent. our headlines today. tributes to the much loved television presenter michael mosley after his body is found on a greek island. friends and colleagues describe him as a national treasure. a promise to recruit more gps and improve cancer survival rates. the liberal democrats put the nhs at the heart of their general election manifesto. a surge in support for the hard right in the european elections. french president emmanuel macron responds by calling a snap vote, holiday makers beware. a rise in online customer service scams targeting airline passengers. we ll show you how to spot a fake account to stay safe on social media. in sport, former liverpool and scotland centre back alan hansen is seriously ill. his club announced yesterday their former captain and three time european cup winner is currently in hospital. new laws make it compulsory to get your pet cat microchipped in england or face a fine of up to £500. no sign of some of this week, i m afraid. today part of england and wales starred wet and very windy. no sign of summer this week, i m afraid. it s monday, the 10th ofjune. our main story. tributes have been paid to the bbc broadcaster and author michael mosley, following his death whilst on holiday, at the age of 67. dr mosley disappeared whilst walking in extreme heat on the greek island of symi last wednesday, his body was later recovered
for me the for the people that came to help, it was really just all in a day s work situations like this really show everyone and certainly showed us in this instance just how much all of us out in the world depend on all of you and again, i want to thank the crew from medic 24 firefighter hayden campbell, firefighter, paramedic, atom iq, and fire inspector paramedic, kimberly booser, who helped bring gray into the world. i got to be reunited with them over the weekend and i also learned when i spoke to adam and his crew, they were just as happy as i was to have a friendly female face on that crew. thank you. to kim for taking charge because man, she did. we also do want to just take a moment to thank all of the first responders here in the district of columbia, but across the country that all of us trust with our lives every day, because you really have no idea when you might need to make that call and having those people on the other end of the line makes all the difference in the world. they are truly lifesavers, so thank you to all of them, thanks to our panel, thanks to all of you for joining us. i m kasie hunt. don t go anywhere. cnn news central starts right this morning. a former president meets with his probation officer, you wonder if james madison had that in mind when writing the constitution what can donald trump say that might impact? his sentence? tony blinken back in the middle east set to meet with the israeli prime minister just after the dramatic hostage rescue operation in gaza. and a key number of his war cabinet resigns and now the us is calling for a new un security council vote and back-to-back shark attacks does miles apart part off the coast of florida officials are now issuing a warning because of it. i m kate bolduan. would john berman, sarah sayyed is out. this is cnn news central morning something no former president has ever done donald trump will sit for a pre-sentencing interview with this probation officer. this interview will be part of the report the probation department will submit to judge juan were shot ahead of trump s sentencing on july 11, and for normal defendants it could be a significant factor in determining whether there will be present time. of course, donald trump is not a normal defendant. will this now cnn, chief law enforcement and intelligence analyst john miller jaume, we ve got some new information about how this will be similar and different to other meetings like this. so the normal process is that the probation officer sits with the defendant and in some cases, in this case, the defendant s lawyer and they go through a tick list. it s what is your home situation? du you live in a stable environment? do you have employment? can you get employment? are you suffering from any drug addiction? what is your criminal background as it violent in this case, donald trump is going to be different from a lot of defendants. in fact, the vast majority he lives in a triplex at the top of a building with his name on it. he has no criminal record. and yet like any other defendants, he does have multiple other open felony cases but as far as employment, drugs, and so on the question that they re trying to resolve at the probation department as a couple of things, but key to it is is he a good candidate for the community corrections environment in english, that means the prison correction environment, or being on probation without going to jail, but having to accept the conditions of probation. now, a lawyer present in bys zoo this will not be in-person and todd blanche will be there with donald trump. how unusual is that? is that what joe schmo, defendant normally gets? joe schmo defendant usually it comes down to see the probation officer, their probation officer wants to get a look at him or her, get a sense of that. but during covid, the system had to keep going. so virtual probation interviews became a thing. and this makes sense because he s in another city. you said probation here. what would probation exactly mean for donald trump so probation is if you are convicted of a crime and they say we re not going to incarcerate you, but we need to check up on you to make sure you re not going to re-offend or you re not re-offending parole is when you go to jail and they let you out early and they check on you after the fact. so this is an interesting thing. the manhattan district attorney, alvin bragg went to a lot of trouble to bring this case and to get this conviction. and he said in his controversial day one memo that he wants less people to go to jail especially in non and violent crimes, but he didn t single out white-collar crimes. so we don t know what they re going to ask for. and then very finally, john, this meeting will happen today well, we hear what comes out of it or how will we know what comes out of it? so technically we shouldn t hear what comes out of it the psr or the pre-sentencing report goes from the new york city department of probation to that state supreme court judge juan merchan. and it is to help him as he decides on the sentence, whether it s in jail or prison, or whether it s on probation. didn t what those conditions should be if it s probation, donald trump will probably have to check in with a probation officer once a month. sometimes once a week. he sounds more like a once a month candidate. and make sure he doesn t get arrested again, that s days out of trouble. john miller and education as always, thanks so much for being here this wall civics lesson really is no. i mean, all this stuff is new to me. donald trump will learn a lot about it today, no doubt, it s good that you don t know about. i appreciate that. so far yet, but the things john miller doesn t know. so we ll hunter biden, take the stand or are we now just hours away from closing arguments very soon, you could have that answer as hunter biden s trial gets back underway in delaware next hour, the president s don is facing multiple charges related to a 2018 drug purchase. he has pleaded not guilty. so where did things go now after what end? the week with the week ending last week with very dramatic and emotional testimony. marshall cohen is outside court for us. how soon do you expect to have that answer of where this really is headed and how fast march kate good morning. we should find out pretty soon because the proceedings resume here in wilmington, delaware at 8:10 and am just about one hour from now. and one of the first items on the agenda is to have an answer from the defense. they told the judge that they want wanted to take the weekend to think this over, figure out the final contours of their strategy. if hunter is going to take the stand in his own defense, or if they re going to rest their case to move on to closing arguments. now why might they want to do that? we ve always said it s unlikely and it would be incredibly risky. but before the trial, they said then some of their court filings that one of the things that they would want him to tell the jury if he decided to testify in his own defense was that he has been cleaned sober, and law abiding since 2019. kate, the jury is heard so much testimony about his rampant drug abuse, really painting him anyway sorry struggling and negative light they said, if he did testify, he would want to convey to the jurors directly that he s been cleaned for several years now, but of course, if he did testify, prosecutors could grill him and they said in filings that they would probably want to bring up his discharge from the navy ten years ago after a positive drug test and that they might try to attack his credibility by bringing up that in their view, he not only light on this gun for him, but he s also lied on his taxes. so a huge decision, it would be a risky move. we should find out in about one hour so then add it all up with the caveat of it s uncertain what we re going to hear right when court picks back up, but how soon could the jury have this case well, if he doesn t testify, then it s time for closing arguments. both sides will be able to give their final push to the jury on why they think they should get a conviction or an acquittal, then there s jury instructions as well from the judge educating the jurors, instructing them on the laws in this case. the elements of the alleged crimes and how they should conduct their deliberations. now, one of the things that the defense wants the judge to instruct the jury you re about today during those instructions, is what they call their theory of the case. the simplest, most straightforward reason why in their view, this trial should to end with three not guilty verdicts. and they told the judge that she should instruct the jury that hunter biden, quote, did not believe that he was either a drug user or addict at that time when he bought the gun and when he possessed the gun, they ve said all along that if he did not know, he was a drug addict, if he did not no, he was a user than he cannot be convicted of these crimes. so it could happen today, kate, it very likely will and i ll pick back up an hour from now. thank you, marshall. appreciate the reporting. still ahead for us secretary of state back in the middle east and about to meet with israeli prime minister prime minister now facing a new reality after that dramatic hostage rescue operation in gaza is quickly followed by a key resignation from his war cabinet. the test now for blinken ahead as we learn new details about that rescue operation. plus nvidia is one of the hottest stocks of the year of 144%. and now the major change hitting today the market s about to open and they ve woken a monster that is the new reaction from caitlin clark after learning, she will not be playing on the us olympic team in the most anticipated moment of this election. and the stakes couldn t the higher the president and the former president s one stage moderated by jake tapper and dana bash, the cnn presidential debates 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liebermann live in tel aviv this morning. what a tumultuous few days there aren t john, this was such a celebratory moment and it s still is after a major operation to rescue four israeli hostages from a densely populated area in gaza. but the israeli government itself is already fractured following that with prime minister benjamin netanyahu trying to thank gone to one of his war cabinet members who just quit the government hospital in central israel. they hug does if there was no tomorrow because for so long they feared there wouldn t be four israeli hostages were rescued from gaza in israeli operation on saturday after eight months of captivity among the rescued, one of the most well-known hostages, noa argamani, were united with her father here video from october 7 showed her pleading. were held as kidnappers drove her into gaza and you d like a shield that s her father. thanked he israeli military for the rest. but reunions like this remain all too rare. this is only the third successful israeli rescue operation since the war began. while elite media reunited with her son, almog, one day before her birthday yes. still androids and 20 hostages in gaza and this will be want a deal. now the daring daytime operation in the new sayyed refugee camp in central gaza lifted the spirits of a nation but unity was fleeting as anti-government protests demanded a deal to secure the release of the remaining hostages, and a ceasefire saudi on sunday war cabinet member benny gantz resigned from the government, accusing prime minister benjamin netanyahu of slow walking the war for his own political gain netanyahu vowed to keep pushing towards total victory over hamas the cost of which was once again apparent witnesses in gaza describe israel s operation as hell on earth inside a dense residential area with the crowds of mid-day positive juno an increasing bombardment started hitting everywhere something we never witnessed before maybe 150 rockets fell and less than ten minutes palestinians rushed the wounded to ambulances in this disturbing video, many, including women and children, bore the horrific scars of heavy bombardment. i ll aqsa martyrs hospital quickly filled with the injured, the dead next were eating people s remains. we pulled out six martyrs, all torn up. children and women the operation drew swift and severe international condemnation and hamas called it a massacre. the palestinian ministry of health in gaza says more than 270 were killed in the israeli strikes. 700 wounded which would make it one of the deadliest days for gaza in months. the idf disputes those numbers, saying it estimated the number of casualties was less than 100. cnn cannot independently verify these figures on sunday, national security adviser jake sullivan told cnn s dana bash that innocent people were tragically killed in this operation he called on hamas to accept a ceasefire. that s on the table right now. and the best way to end this war is for hamas to say yes to the deal president biden announced and that israel has accepted what s unclear now is how easy it is to accept this deal from israel sayyed with guns, quitting the government netanyahu has even more pressure from his far-right coalition partners who have threatened the dissolve the government if he accepts the ceasefire deal. so this is not at all an easy path forward as blinken expected to arrive here later on today, john. yeah, it will be interesting to see the impact of the hostage rescue combined with benny gantz leaving the war cabinet. the impact that will have on negotiating oren liebermann. terrific new details in that report. thank you so much so temperatures, so hot they could kill you, were millions of americans need to be extremely careful today and then a catastrophic failure that is what officials say after a large chunk of one of the country s most beautiful highways cracked and then collapsed in a landslide if you have chronic kidney disease, you can reduce the 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don t freak out the share price is about to shrink dramatically, but it s not a glitch. it s actually a sign of success. so as you mentioned and videos, just having this legendary period of success lately, they power these computer chips that really ron artificial intelligence. and so they re so hot that the board announced a ten for one stock split. that means that the stock is going to go from closing on friday above $1,200 a piece. to just over $120 reason why companies do this is because they re trying to make the share price more accessible, right? when a stock goes into the high hundreds of dollars for a lot of the market exactly. it makes it harder for smaller investors to take a piece of it. now, the market value is onchange. this is really just a cosmetic change, but this is something that a lot of other successful tech companies have done. apple, amazon and tesla have all done it. and it s really a sign that, the company is on a positive run because the share price has gone up, it s actually a good problem to have talked to me about. i mean, you re hitting a lot of its ai, but what is driving videos six nvidia for the longest time was known as the company that powers computer chips for videos so games and then they made this bet ten years ago that they could become the brains of artificial intelligence. and that paid off massively. look at this gd or ec stock price rise, just five years ago, you could buy the stock for about 50 bucks. now, it s above $1,200 last month and video revealed that its revenue tripled year-over-year of its profits or more than 7-fold. it s now worth more than 3 $3 it s an incredible amount of money. if you compare nvidia it s worth the same amount as starbucks, boeing, city, at&t, jp jpmorgan, tesla, exon, home depot and walmart combined just one company is worth the same as all of these household brands. in fact, nvidia is now one of the most valuable companies in america, worth more than amazon, more than google owner alphabet, last week, it even briefly topped apple and it s really not far behind microsoft, which of course is another ai play, because they have their own ai chatbot and leave invested in openai, the company behind chatgpt. but guess what, computer chips, power chatgpt, invidious this has come, this company is already huge and it feels like what you re telling me, the sky s the limit where this thing is headed. it s good to see things much. let s see what happens with wow. there s number is, that chart was crazy fans. all right, talking about kraze bans wild plane ride passengers is saying that they could feel the hale hitting the plane. and now now we are seeing the damage left behind after a dangerous landing for one austrian airlines flight. just look at that damage and some are calling get an error ball. caitlin clark is calling it no big deal, but it s also is also making clear she has found brand new motivation to drive for new wnba career. we ll be back simons are going off and 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they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit. unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock.” so, if you could change the price, change the name! it s not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that s uncalled for. a pro pain-free absorbing pro the most anticipated moment of this election. and the stakes couldn t be higher. the president and the former president, one stage moderated by jake tapper dana bash, the cnn presidential debate thursday, june 27. nine live on cnn and streaming on max overnight. a mayday emergency call after an austrian airlines flight suffered a significant amount of damage flying through a thunderstorm nearly 180 people were on board. the plane s nose was seriously damaged. the top of the cockpit, bent and the glass of the windows of the copic pratt the plane did land safely despite the damage. the catastrophic landslide in wyoming, a section of the famed teton pass, pretty much just fell off the side through the mountain. this is a critical route between wyoming and idaho, not to mention, you know, estimates on when it could reopen new mornings this morning from north korea as tensions with south korea escalate, overnight, north korea sent balloons filled with trash across the border that was in response to what it calls psychological warfare by south korea, south korea announced it will resume broadcasting. anti north korean propaganda in border regions so two shark attacks and florida, just a few miles apart, one woman had to have part of her arm amputated just 90 minutes after that first attack, a shark bit, two teenage girls in waist deep water cnn s rafael romo has the latest on this. rafael john. good morning. and then there was one more we re talking about three shark attacks in the united states over the weekend, three people were injured in two incidents in florida on friday and the men died in hawaii on saturday. this is what we know authority say a 39-year-old man died after what they describe as a shark encounter off the coast of maui, the first fatal attack in hawaii since a snorkel or die there in 2022, the day before, two separate attacks happened in florida in an area between destine and panama city beach in the span of less than 90 minutes and only about four months biles apart, according to authorities are 45-year-old woman suffered significant trauma to her midsection and pelvic area, as well as the amputation of her left lower arm. and the second attack, the victims were two girls between the ages of 15 and 17. the first victim suffered what officials described a significant injuries to one upper and one when lower extremity, both requiring the application of a tourniquet, the second victim has minor wounds to her right foot. one county officials said, what happened is both tragic and terrifying, but historically, shark attacks are exceedingly rare. they re highly unusual and it s extremely unusual for two to happen in the same afternoon when four miles of one another is the sheriff mentioned we re reaching out to us to speak to subject matter experts as to what may, you know, what may be causing that but golf temperatures, the steering current, whatever that is and you may remember that on may 28, there was another incident and galveston beach where a 19-year-old woman was bitten in her left hand by a shark, but survived as reported by cnn affiliate k prc on sunday, that south walton fire this strict in florida issued a warning on x, say the following. we are guests in the gulf. the post says, we all must accept some amount of risk when entering the water that does not take away from these two ladies whose lives are changed forever, but looking for someone to blame is not the answer. they said over the weekend, walton county officials were flying yellow and purple flags for moderate surf hazards and the precedence of dangerous marine life after what happened there friday, john, back to you. all right. rafael romo following this forest, raphael. thank you very much kate. now for eight months in captivity, four israeli hostages are now back home after a dramatic rescue operation. can saturday. and from ever all of everything we ve seen, it was overwhelming for the families of the four that were rescued. yet there are still believed to be 116 israeli hostages still being held captive in gaza today, meaning so many families are still left waiting one of those families is the family of abbe own abby s an american citizen who lives in israel five of her family were either killed or taken hostage in the hamas attacks two of her family, eight-year-old, carmella dan, and 13-year-old noa dan, you see them there. they were killed 12-year-old arrays and his sisters, 16-year-old. so har they were taken hostage and released in november. their father oh, fair calderon. he s still being held in gaza. an abbe on joins us now. abby, thank you for coming back on we ve talked so many times now in the last eight months, how does it feel today? we re how did it feel even on saturday getting the news that the four hostages were rescued and back safely and israel it was super emotional we were we were out. were outdoors with friends and family and we heard the news. and literally she started crying it s it was unmatched. it s unbelievable almost that it was real. and we thought for a second it was a rumor. and then we got confirmation and i think we just cried for hours because as much as we want the 116 for everyone s be home to know that for families will hold again, was amazing it s also now been eight months that ofer has been held hostage what is the latest, if anything, have you heard anything is he still believed to be alive he s believed to be alive. we are fighting to bring them home alive. look, last week was an emotional week it started off with four hostages being declared dead. three of them, amir, i m cooper, chaim peri, yoram metzger, from your odds and so it continues to be a living trauma for sauron areas for their mother, for all of our extended family to know that the people that are there or not safe, that every single day, every minute, every hour, it s urgent that we get an out of it. we get them home and seeing those four people, three of whom we ve seen in a video, alive to know that they were killed in captivity only makes this more urgent. and the fight for over more do allow yourself to feel disappointment when your heart also verse for joy for those families, just the pain of knowing that affairs was not among the four this time, how how do you deal with those feelings? it was it was this really intense moment because they said, it s no argamani and three men and i was like i just, you know, my whole body expanded and i was i was shocked because men are not the category of people that would be coming out in some sort of agreement. and so it was really, really surprising and ultimately you feel joy and happiness for anyone that comes out because it is in nightmare. it is a nightmare of eight months of 248 days for every single family member for the hostages, for anyone involved in this conflict. and we just know that if a hostages would be released, that any any of the challenges of this conflict would immediately be deflated. and that s our goal, is to make sure that every single one of them come home. and that this conflict ends you have made the point. i ve looked back at our conversations. i mean, you ve made the point in every conversation that we ve had to say that you don t want to see any deaths anymore, whether it be on the side of israel or amongst the people in gaza and how does that feel today okay. everything is devastating and heartbreaking. i have never in my life as an american or someone that lived in israel for the last decade i ve never lived through a war on the soil where i reside. and to know what happened, turn october 7, and to think about and appropriate response, there s no such thing but to know that the terror to happen them seventh or any of the deaths that have happened since are all unnecessary. there has to be a different way. and i just know the first step toward that solution is bringing the hostages home. i mean, i mourn every single leinz. there s no question. and i wish that our leaders, both in israel and the united states and around the world with steph, up even higher than they are now, and figure out a way to end this. this is something that cannot continue. now for family members, not for the rest of the world, not for the people who are suffering on the ground gaza, but the hostages and palestinians, it has to end president biden s national security adviser was asked what impact he thinks this rescue operations saturday will have on what we re talking about on the ceasefire negotiations with hamas. let me play for you. what jake sullivan said yesterday, api it s really hard to say, right now. it s hard to say how hamas will process this particular operation and what it will do to its determination about whether it will say yes or not. we have not gotten a formal answer from hamas i set this time even before the bigger impact on overall negotiations. i mean, just what does your gut tell you that you think that the rescue operation of these four hostages from the hands-off hamas will mean for oh, fair i hope if he hears that he feels some sort of hope that his army and its country are fighting for him but i truly believe that there has to be a negotiated agreement because this was a dangerous operation, because soldiers, for the hostages, and for anyone in the acidity. and we don t want to see more death. we want to see the 116 brought home with the minimum amount of death that s that s everyone s goal. they were taken from a party from their beds, from their homes. these are innocent civilians that should be brought home and the pressure in my opinion, needs to be on hamas to release them because if that pressure is big enough, then we get to a place where we can negotiate an agreement i feel so much joy that these four people are home, but i don t believe that putting our soldiers and hostages and other civilians in harm s way is a it s the best the best self forward abby. thank you so much. i m so thankful to see you again and i look forward to the de that we re talking about, the return of all fair thank you so much for coming on. it s going to happen thank you so much, john wright new comments this morning from caitlin clark, the star wnba rookie speaking for the first time after learning, she is not on the roster of the us olympic team competing in paris. cnn s coy wire is with us this morning. this was surprising. i think to people who maybe have just been introduced to the wnba this year yeah, john, there s no doubt about it. there are very strong opinions on both sides of this debate of whether or not caitlin clark should have made team usa for women s hoops many say it s a missed opportunity. the indiana fever phenom has helped shatter viewership and attendance records dating all the way back to her iowa hawkeyes college days. and now in, the, w, she s currently top 15 in the wnba and scoring nearly 17 points per game. she s coming off her best game as a pro scoring 30 points on friday. now, many others are saying that it s completely justifiable that she is not on this projected roster. take a look at this roster of four the 12th players have no previous olympic experience of those for each of them, or at least to time wnba all-stars, none of these players on this projected roster are under the age of 26. clark still just 22, says that being left off of this roster will only make her better listen yeah, they called me and let me know before everything came out, which was really respectful of them and i appreciated that they the same for ever go that made the team for every girl that didn t make the team. yeah, there s a lot of players in an olympic pool, so it wasn t like i was only when they had to call that a mccloud few calls. honestly, no disappointment. i think it just gives you something to work for you. it s a dream, you know, hopefully we can be there think it s just a little more motivation do you remember that? and, you know, hopefully in four years before you comes back around you and i can be there. she got the call on the bus and she texts me to let me know and i just tried to keep our spirits. i mean, the thing she said was, hey coach, they woke a monster, which i thought was awesome. they woke a monster john love that line of a us women are seeking an eighth straight gold at the olympics dating back to 1996, the olympics or just 46 days away, and other basketball news, john berman, celtics are to know nba finals against the dallas mavericks. i m convinced 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changing the fabric of our country. they are destroying our country in nevada is being turned into a dumping ground and you are the whole country she is being turned into a an absolute dumping ground. the illegal immigrants are turning and they re turning at a level that nobody s ever seen before. they re fighting. our families that some of donald trump s message to supporters at an nevada campaign rally yesterday. trump campaign has high hopes for the state that joe biden won and 2020 from the stage, trump focused on slamming biden s new executive action on border security, and he launched his own latino americans for trump coalition. there s also new cnn reporting that president joe biden is considering following his recent border move with a second move on immigration that could protect some undocumented spouses of us citizens from deportation cnn, steve contorno, arlette saenz, both working different angles of this for us. so steve, what more did you hear from donald trump yesterday well, it was a continued attack kate on joe biden s record and that has been central to his outreach to latino voters in black voters and other voters of color. essentially, that your life under trump presidency was better than it has been under joe biden. that is the central case that he is making to voters of, of every shot stripe and it s coming even as you hear that that dark rhetoric about immigration, trump is promising to deport millions of americans. and one of the largest deportation operations in the country s history, if he wins and yet he. is polling suggests that he continues to make headway with latino, spanish-speaking voters four years ago, joe biden won latino voters, handle these 65% of those voters, one for joe biden, trump just got 32%. now, you re seeing almost parody not only nationally, but he s battleground states like nevada and trump also did make a promise that will certainly affect a lot of latino workers who work in the culinary industry. he made a promise about what he would do with tipped wages if he wins. take a listen when i get to office, we are going to not charge taxes on tips, people making we re gonna do that right away. first taking office because it s been a point of contention for years and years and years. and you do a great job of service, should take care of people now, the culinary union that represents nevada workers are very powerful union put out a statement blasting this proposal. they said quotes nevada workers are smart enough to know the difference between real solutions while campaign promises of a convicted felon, kate that s quite a statement coming from the union right there. steve arlette, what are you learning then about this new reporting on another immigration move potentially by president biden okay. sources have told cnn that the biden administration is considering a new step that could potentially offer legal status to undocumented immigrants who are married to us citizens, officials are looking at an existing authority called parole in place, which would shield the certain groups of undocumented immigrants from deportation and allow them to stay in the country and worked at legally while some of them would be able to seek citizenship, it s expected that this could impact about 750,000 to 800,000 undocumented immigrants at this moment. and it comes as it could potentially appeal to latino voters in states like nevada, arizona, and georgia. but this also comes as the administration is trying to shore up support, not just with latinos, but also progressives and immigration advocates. many groups access frustration with president biden s executive action last week that essentially shut off the asylum process for undocumented immigrants are who are coming to the country illegally when a certain daily threshold hold is met, you ve heard progressives who said that that is similar to policies that were adopted adopted during the trump era, and groups like the aclu have threatened to sue the admin ministration to try to stop this over the weekend, a homeland security secretary alejandro mayorkas defended the administration s moves. take a listen but i respectfully disagree with the aclu. i anticipate they will sue us. we stand by the legality of what we have done. we stand by the value proposition. it s not only a matter of securing the border, martha, we have a humanitarian obligation to keep vulnerable people out of the hands of exploitative smugglers now it all comes as president biden is really trying to address a politically vexing issue increasingly, immigration, border security has risen in the list of concerns for voters heading into 2024, you take a look at polling at many believed that trump has would have better policies than biden. but at the same time, the president is i m also trying to shore up with key parts of his constituency, constituencies are heading into that november election. are let thank you so much, steve contorno. thank you as well. john wright with us now, senior spokesperson and adviser to the biden campaign aide or an l rod. thank you so much for being with us. this proposal reported proposal out there to provide some kind of legal status for the undocumented spouses of us citizens. what would that be designed to do? who would that be designed to help? yeah well john i certainly don t want to get into the front of the white house s announcement on this. but what i will say is the following, president biden is how to take matters into his own hands. is president, because congress failed to act. the most historic bipartisan piece of legislation that we have seen in front of congress in over a decade was stopped because maga republicans list sent to their leader, donald trump, who said, i don t want to give joe biden president joe biden, uh, when i don t want to give him a political victory during a 2024 presidential campaign year so president biden has had to take matters into his own hands by issuing executive actions that will will, will, will improve the situation at the border because congress failed to act and congress failed to act again, not because of democrats, but because of maga, republicans. how does providing a legal status for undocumented spouses of us citizens? how does that help people help the situation at the border well, again, i don t want to get in front of the white house on this, but i what i will say is that it s important that the president shall leadership on this, which is what president biden is doing. you see donald trump on the campaign turnout, tell talking about the border, talking about the crisis at the border, blaming democrats when really democrats are the ones john, who want to get something done, where are the ones who worked with republicans across the aisle to negotiate a historic deal that republicans immediately shot down in congress could have easily pass both chambers. they wouldn t let it pass because donald trump said to speaker johnson and other republicans in congress, i don t want to give joe biden to win this cycle. so president biden is doing what he can. he s using every lever his disposal, which of course is, you know, john, when you re the president united states, you can do a lot, but you are somewhat limited in terms of what you can do without congress acting. so it s very important that president biden, you do what he can in the executive branch, but he also hopes that congress will act hello, to play some sound from before. one of donald trump s events in nevada yesterday. in its rhetoric from marjorie taylor greene and another republican supporter. and it s the type of thing that we have heard on the trail recently, which is almost messianic rhetoric concerning donald trump. listen to this oh president trump as a convicted felon what you want to know, something the man that i worship is also a convicted felon and he was murdered on a roman cross is sensitive park to worship and bring back the grid is present we ve ever known in our generation so what do you think when you hear rhetoric like that i don t even know what to think, john, i mean, look, i i m not going to speak for the american people, but i think that rhetoric speaks for itself. and what our focus is, john, on this campaign is made make sure that every single voter understands the contrast understands what is at stake that donald trump and his maga allies are focused on seeking revenge and retribution. they are running a negative campaign that is not focused on the american people, but it s focused on themselves. we are making sure that the american people understand that president joe biden in this fighting for them. he wants to continue his policies of lowering costs for families lowering prescription drug costs continuing his agenda of economic freedom. whereas are republicans are focusing, focusing on themselves and donald trump has made it very clear that if he steps back into the white house, he will rule as a dictator on day one. he will seek, you will use the white house to seek political are the engine retribution on his political enemies? he is said, things that, you know, he s, he s praised the third reich. he s used racist rhetoric at every chance that he has. president biden has delivered for the american people 15 million jobs record unemployment growth when it comes to latinos, in particular, at one point, john, when president donald trump was an office, there was 47% unemployment among latinos. joe biden has created over 4.8 million jobs for latinos. we want to make sure that every single voter, all latino voters, understand what s at stake and what president biden has delivered for them? adrian elrod, appreciate you being with us morning. thank you okay. more than 20 million people from california to arizona could be seeing triple digit or near triple-digit heat. let s get over to cnn s derek van dam tracking this one for us. derek, what are you looking at? yeah. kate, 30 is coming out of phoenix arizona warning that the high risk of heat stress or heat-related illness is present here in the city today, if you don t have access to adequate cooling or adequate hydration as well, they ve had 14 consecutive days where the mercury in the thermometer has climbed above one in hundred degrees and we have no relief really insight, especially this week, 20 million americans under some sort of heat alert, including heat warnings for vegas, sin city. it is sisley and their 11 consecutive days with temperatures above 100 degrees. this is the warmest start in the month of june for n
if david chase hadn t happened to be clicking around, he wouldn t see me in dr. rascals and i want to get that guy on my new tv show the sopranos. there s a lot of detail in my book and i think bill, bill was, the conversations we had, i haven t seen the film myself at ceramic just to see what happens. you haven t seen it ? that is all the time we have this weekend. we will see you tomorrow at 6:00 a.m. eastern for more morning joe. until then, enjoy the rest of your sunday. your sunday. good morning. it s sunday, june 9. i m alicia menendez. with michael steele and symone sanders townsend. we are following president biden on his final day in france and the appearance of his message of american leadership for folks abroad and at home. donald trump and his allies will payback was guilty verdict. however deranged that may sound . how congressional republicans want to use their power to punish. what could happen this week as trump pushes to be unleashed from his gag order. grab your coffee and settle in. welcome to the weekend. president biden is wrapping up his consequential visit to europe this morning in the next hour, he is expected to visit american military cemetery near paris. this caps a week of ceremonies commemorating the 80th anniversary of the allied invasion of normandy. the president used the stage to call for citizens to demand of accuracy cash against authoritarianism worldwide. we stand at an inflection point in history. the decisions we make now will determine the course of our future for decades to come. we have a lot of opportunity and a lot of responsibility. it gives me hope to know the france and the united states stand together now and always. me we continue to see democracy, may we in both languages, no we stand together. joining us is professor of history and author of strongmen , miscellany to the present, ruth ben-ghiat. presidential historian professor of history douglas brinkley. good morning. ruth, i want to start with you. i thought this week was incredibly important. a definition all week if you will. both on the global stage and here at home for president biden. he really connected a number of dots about the urgency and the washington post wrote a piece which i thought he talked will americans recognize their country in the dark and desperate portrait trump painted? or is the country s falling to pieces, he said. if he is not return to power, the countries finish. you want to be country anymore. or will americans instead choose to see a nation still striving to fulfill the higher purpose than biden described in memory of those who fought here, died here, literally save the world here, let us be worthy of their sacrifice. that, to me, was a consummating moment. i would love to get your take on how the president has framed his visit around this idea of, there is a bigger fight out there. those who come before have engaged in it and now it s up to us to engage as well on behalf of democracy. i think it s been extremely effective to frame this not only because the reason he is there is commemorating an important victory over fascism in world war ii, but it reminds us of the toll that bad leadership can have. not just on one s own country but on the world. when you have district to vengeful leaders with large armies, as you did with mussolini, hitler, and today with putin, he see the world is not safer. trump is trying to his tell us that the world may be safer because he is allied with people like putin but that s not the case and history is clear on that. i want to agree with michael that this week was in his word definition. when we were listening to president biden brought that he was expressing the urgency of this moment that we find ourselves in but with an i toward history. they were flourishes where he would say, how will we be remembered? how will this moment be remembered in 10, 20, 30 years. do you agree that this week was definitional and when scholars of history look back , how will this be remembered? on the short-term, it was a big win for joe biden. he went dess the famous spot where ronald reagan gave one of his famous speeches, and pulled up a very important speech, warning us about the need for democracy and the need to fight for freedom. reminding us that authoritarianism is on the loose yet again. really going after, going after people that are xena phobic, right-wing populist movement blooming in europe right now. i did come across as representing america as a statesman and promoting nato and protecting the ukraine and trying to create a stronger bulwark against putin s russia who is on a terror right now. to follow up on that point. i believe it was cass mood who wrote populism is a thick ideology mixed with faith and ideology. this right-wing populism on the rise in europe, populism doesn t have to be bad, but like bernie sanders is an economic populist. this idea that this dirty populism is the thing that s taking hold of places not just across europe but a sentiment like that at home. how does that dovetail with what we know to be true about our history? you see the republican party of today going back to the 1930s and embracing an isolationist plank. they are the henry ford s and charles lindbergh s of today. this is a fringe movement but isolationism over the decades has had its adherence. what is worrying about it is this friendship that trump has maintained with putin. he acts like he is putin s puppet is hillary clinton famously put it. he asked that way and with any authoritarian leader, if you chisel away at what donald trump is arguing, he sees a world of five big powers with five important authoritarian/in his case, democratic leader. we don t do business that way in the united states. trump is standing out as a loan silo because all the other presidents, ronald reagan was in the news because the spot biden chose to give his commemorative speech. reagan s is part of the other presidents club. ronald reagan but want to make sure we defended ukraine. that speech reagan gave in 1984 was about liberating eastern europe, getting the berlin wall to come down and breaking up the soviet union. american democracy on offensive posture and trump s an agent of fear. he is fear mongering the way he away long dated her father conklin. joe mccarthy famously. what is different is we had those tenets before of fear mongering but they never went all the way to somebody being able to take over the party of abraham blinken and also, with the specter of january 6 has happened in this millions of americans seem to shrug off january 6 is not a big deal, to me it s frightening. it tells you how deeply rooted social media has made right- wing extremism a disease across our land right now. give then everything we know and certainly that we have learned from history and historians like douglas, how did we get here? how do people move themselves into this space? the reason i ask, i am going to play the new ad from the biden campaign which lays out some of the more infamous quotes of donald trump and military service for example. he handed me his purple heart. i always wanted to get the purple heart. this was much easier. does donald trump even understand why someone is given a purple heart? why you receive the purple heart in the first place? here we are in this moment where people are looking past the man s attack on the military. his attack on institutions. his attack on the constitution. what to use senses going on that s animating this and allowing it to continue the way it has? i am glad the biden campaign made that at. it s very moving because it speaks to dess it gets to the heart of the fact that authoritarians are nihilist. they have no ideals beyond money and power. anybody who would do something like serve their country knowing they may be injured or killed, that makes them losers and dupes which are the suckers which are the words donald trump uses about our own people who serve. he mocks people who serve such as nikki haley s husband. in keeping with authoritarians throughout history because they despise the people think, quote, govern. they only want to dominate them, exploit them. this is why i go back to character and leadership and having somebody like donald trump lead our country, we deserve better. it s an incredible moment, douglas, to be living in, and i think about president biden on the world stage yesterday we were on air and prepared to talk about his trip to europe. in the interim, there was the hostage rescue out of gaza. i want you to listen to what the president had to say. i want to echo president macron s comments welcoming the hostages return to their families in israel. we won t stop working until all hostages come home and a cease- fire is reached. that is essential to happen. so often when i see these moments in the world s stage i m reminded of the argument that president biden made when he was running for president four years ago which is, we need someone from day one is ready to hit the ground running who understands challenges at home and challenges abroad. he really foreshadowed the years that would come in terms of the marriott crises they have developed in real time. when i was watching president biden these last few days, i m reminded of his greatness. often, we dismiss something that he says he seems to be an opportunity. there is this steady evenness, even low-key on this which may not make him kinetic on the campaign trail but it makes you feel saying that he is a states person. that he understands protocol. that he understands how important the u.s./french relationship is. he can talk about lafayette with president mccrone and understand the hours story the american revolution of two today with france. he has been there. he has done that. he has seen a lot. he was visibly moved at normandy when he went to the forest of crosses and stars of david and walked across. you can feel how emotional this was. biden had been born in world war ii, 1941, probably our last president that would be a world war ii president. he reminded us of the power of nato. this has been the essential alliance since 1945, 48 with harry truman, all the way up to now and there s only been one anti-nato president and that s donald trump. nato, the atlantic alliance is seminal for keeping our military , economic policies, and democracy, and culture even alive and well. i ve been deeply disturbed the weight trump pushed aside nato might as well just blow away the european union. it s refreshing to watch biden and know he has that long institutional memory and understands what containment of soviet expansion means back in the days. especially given everything that s going on. i will ask you to stick with us because we need to talk about the rest of the far right. it s not just in america. new details about the role american intelligence played in the israeli mission that rescued four hostages. rescued . auntie, you can t put that right in the dishwasher. watch me. with cascade platinum plus i have upped my dish game. i just scrape. load. and i m done. in that dishwasher? 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help people understand the importance of not leaning into this and this does not end well for anybody. we are lucky that southern poverty law center in alabama is continuing to monitor these hate crimes. that bit of luck turns to horror when we start watching the spikes in anti- semitism, spikes and anti- mexican rhetoric, and type black, anti-lgbtq+. the right wants to destroy the fabric of a multicultural america. as we are speaking in san diego, catholic charities, i am a check let a catholic. one of my favorite people is pope francis by catholic charity workers are being attacked and disrupted by handing out food and water to children that have come over the border in southern california. we are looking at authoritarian coming our way. when have we seen this before? we haven t. black america has. black america has had lynchings. we have things like the springfield race riot of 1908 or the race riot of 1921. we have had the institutionalization of jim crow and saw what did in decimating black americans. we have seen what this can do to indigenous people where their rights are stripped away and they are seen as something other. there is a real white supremacy movement alive across the land led by donald trump. at their core, the were fearful of this browning of america and this is seen as the last big stan to reclaim america as a white predominately white country. that anti-immigrant, anti- person of color rhetoric that is coming out of this right is ghastly. it represents the ugly part of our country. trump used to praise fdr for one thing, all the great things franklin d roosevelt, but the one trump talks about, was in a gray 20 put japanese in internment camps in world war ii? he would praise eisenhower, ike did many good things, two terms, but trump praises operation with back, bringing workers, agricultural workers and shipping them out of the united states back to mexico. this is the kind of movement we are dealing with. it is frightening. we have not seen something like this coalesce since the confederate movement before the civil war. it had spirits, mccarthyism was a big deal but fellow republican dwight eisenhower along with the u.s. army were able to chop mccarthy off at the knees. there is nobody out there to stop or slow donald trump down and it s going to be up to joe biden and kamala harris to talk about optimism and the economy and talk about better days are here to come. talk about the virtues of democracy and don t result of fear mongering that trump is doing to mobilize his base and beyond. ruth, we will give you the last word, but i m thinking the fact that the european parliament elections are enfolding this week, and we talked the radical right is on the rise in the juxtaposition between was happening at home and across europe and political wrote this week that the radical right arrival in the european stage will have a lasting impact. allegiance sees allegiances formed in early adulthood tend to last lifetimes unlike in the u.s. were support for trump is concentrated among the elderly. the insurgents have captured the youth vote in europe, likely lacking and support for decades. nowhere is it more clear that in the national rally party as it relates to what s happening in france. a 28-year-old later. what say you about this rise of the radical right, this dirty populism amongst young people? it s a big problem. far right authoritarians have been very savvy about using tribalism and using emotion. symone, i want to and on an optimistic note because it s too easy wherever we are living to think there is this wave and it will submerge us and it is hopeless. we should not resist. in poland, they successfully voted out, they immobilized the biggest rally and voter turnout since 1989 and they got rid of their far right government. in hungary, there s huge protests, the gop ideal right now, and we saw in india voters dealt him a defeat. it does not have to go this way. it doesn t have to be this way. ruth ben-ghiat and douglas brinkley, thank you. we will go to tel aviv as we learn more about the fallout from an israeli military mission in gaza that rescue four hostages. stick with his. you are watching the weekend. 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reporter: even as israel is celebrating the success of yesterday s hostage rescue, they are bracing for a significant political development in a couple of hours time. 1:00 p.m. eastern we are expecting benny gantz, the centrist opposition leader who joins benjamin netanyahu s wartime government to hold a press conference and we believe he will announce that he is resigning from netanyahu s government. let s be clear, assuming that s what happens, what that does and does not mean. it does not mean the fall of netanyahu s government but it would mean that the far right inside of that government, the same far right that is deeply opposed to the cease-fire plan laid out by prime minister by president biden rather last week would be empowered. you would not have that centrist more moderate element inside of the government to counterbalance the power of the far right. that is potentially a significant move. we were expecting benny gantz to hold this press conference yesterday, but he delayed it in light of the hostage rescue. going back to the four hostages. all are in good condition according to the israeli military. they spent their first night being treated at a hospital here in the greater tel aviv area. we had a chance yesterday to catch up with some of the friends of noa argamani, the young woman who was kidnapped on october 7 from the music festival, taken on a motorcycle into gaza. the friends of hers who we have been speaking to for eight months have just seen her for the first time. take a listen. how are you feeling? amazing. very amazing. speak and she is amazing. she is strong. she s laughing and smiling. reporter: what was the first thing you said to her? a big hug and so glad you are here. reporter: the joy at noa s return is tinged with sadness. her mother is dying of brain cancer, and her final wish was to see her daughter once again. the wish was fulfilled yesterday. noa going to her mother s bedside. her boyfriend is also one of the 120 hostages still inside of gaza. the israeli military acknowledged that while it was a major success, they cannot rescue all 120 those still inside. there will have to be some sort of deal let those people are coming home. while there is celebration here in israel, there is searing grief inside of gaza. the health ministry said at least 274 people were killed by israeli forces during that raid in central gaza yesterday. one of the bloodiest days in gaza we have seen in a long time. we do not know how many of those 274 are militants or civilians, but our team on the ground was at one of those hospitals in central gaza. they say they saw dozens of women and children dead and dying, being brought into the hospital. that is the price of rescuing those hostages. we have heard from jake sullivan, the national security adviser, that while the u.s. is celebrating the release of these hostages, the united states also believes that the safest way forward for the hostages and for the civilians of gaza is not through more rescues like this but through a cease-fire deal that would bring hostages home and and end to the conflict. with those 274 deaths yesterday, that brings the death toll in gaza since october 7, to 37,084 people as of a couple of hours ago. raf sanchez, thank you very much. president biden is making his play for anti-trump republicans. as campaign senior spokesperson this year to discuss it. that is next. dad and i finally had that talk. no, not that talk. about what the future looks like. for me. i may have trouble getting around, but i want to live in my home where i m comfortable and my friends are nearby. i can do it with the help of a barber, personal shopper and exercise buddy. someone who can help me live right at home. life s good. when you have a plan. smile! you found it. the feeling of finding psoriasis can t filter out the real you. so go ahead, live unfiltered with the one and only sotyktu, a once-daily pill for moderate to severe plaque psoriasis, and the chance at clear or almost clear skin. it s like the feeling of finding you re so ready for your close-up. or finding you don t have to hide your skin just your background. once-daily sotyktu was proven better, getting more people clearer skin than the leading pill. don t take if you re allergic to sotyktu; serious reactions can occur. sotyktu can lower your ability to fight infections, including tb. serious infections, cancers including lymphoma, muscle problems, and changes in certain labs have occurred. tell your doctor if you have an infection, liver or kidney problems, high triglycerides, or had a vaccine or plan to. sotyktu is a tyk2 inhibitor. tyk2 is part of the jak family. it s not known if sotyktu has the same risks as jak inhibitors. find what plaque psoriasis has been hiding. there s only one sotyktu, so ask for it by name. so clearly you. sotyktu. frustrated by skin tags? 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( ) [thud] president biden, i think, has been serious about courting independence, even right- leaning independents and anti- trump republicans. the campaign hired a national republican engagement director who before this role was cheapest after former republican congressman adam kinzinger. this comes as outside groups are boosting outreach to these voters, republican voters against trump launched a six- figure billboard campaign and four swing states featuring republicans who refused to cast a ballot for the ex-president. joining us is senior spokesperson for the biden/harris campaign kevin munoz. it s good to see you. it s interesting and politically exciting to see the biden campaign engage the way it is starting to push up against a lot of the narratives . we were talking earlier about the biden ads that are taking trump s words and putting them out there and saying he said this. it did not make it up. you have this pivot politically on the ground where you are bringing on republicans who can help and weatherford out of the adam kinzinger for environment. how do you think the shapes of narratively for the biden campaign. what are you saying to republicans, i know many of them, waiting for that invitation to the conversation. they want to see it come correct. they want it to come in a way that s meaningful, to reaffirm the coalition, if you will, that biden needs to win. let s look at the opportunity. 4.5 million republican primary voters have voted against donald trump this year. these are voters that didn t have to vote in a primary. donald trump is clearly the front runner, but they want to show they had not gotten donald trump does not have their support and they want somebody that stands for the rule of law, stands for democracy, stands for fighting for america on the global stage. these are voters that need to hear from the campaign and we need to earn their votes. we been running these ads and targeting these voters in battleground states amber brought on austin, he has two decades of history. we got to focus on building a bunch of trust to republicans willing to speak up and talk to fellow republicans and say you can support president biden. we think we have a good message not just because we are not donald trump but because joe biden has a proven history of getting things done, working across the aisle. look at the bipartisan plan that trump killed. we will talk about those issues. let s talk about the border you have progressives angry over the present eye latest executive action on asylum specific. listen to what this representative had to say yesterday. republicans have covered up for every failure there s by pointing to some vulnerable group of people. i think they ve been setting up this trap that unfortunately president biden has been pushed into with this executive order. do you agree with that that the president has been pushed into a trap by republicans. help me understand the political calculus. what you lose in the we have energy and support from progressives. where are you gaining it back? let s take a step back. on day one of this administration, joe biden brought forth a comprehensive immigration plan republicans have failed. they used the border as a talking point and refuse to work with those. even despite that, joe biden was able to negotiate a bipartisan border plan that would ve provided long-overdue resources to help secure the border, provide more resources for immigration courts, help expedite green cards for a lot of people that need more pathways to citizenship and what happened? donald trump killed it not once but twice. we are in this position where we were forced to take executive action that helps address what we can and cannot do with very limited resources and we have to be honest about that. that does not mean the fight for comprehensive immigration reform is over. you heard biden talk about it earlier that the fight is far from over but we have to be honest. the american people demand action when it comes to a broken immigration system. overwhelming americans support the action and comprehensive immigration reform and we have to remind voters that we have to work for the. i want to as quickly as a follow-up. a lot of reporting about the possibility of the administration considering ways in which they could address challenges in immigration on the interior including parole in place of american citizens. is this something we could see as soon as this coming week? i can t get ahead of policy announcement but you heard the president earlier, the fight for comprehensive immigration reform, dressier pathways to citizenship, especially for people who have been here a long time is critical. the american people do not like chaos. they don t want chaos at the border or in their communities. we have to continue that fight and we have to remind the american people of what donald trump is running. he wants to round up latinos and immigrants across the country. max detention camps. we have to do both. and the time we have left, a lot of times when folks talk about engaging we talk about the need for the biden campaign to engage republicans because as part of his coalition. moderate republican voters and independents. we talk about the need to gin up the base as well and treat base voters, young people, women, black and latino voters, what is the message when it comes to the economy for black and latino voters, young people . when i am talking to people, one of the chief concerns as economic. housing. the rent is too high all over. gut bless you if you want to buy a house and you were not rich. which your message to folks, here which is a about the border, trump scene phobic. what about the economy? we have to tell a story to the american people about who is fighting for them and fighting to make their lives better. it s not just the economy who is taking action to address corporate greed? action to address junk fees? lowering health care costs, cutting prescription cost for the american people? this takes time and these efforts to talk about the economy, connect joe biden s popular agenda, agenda that was hard to get past but he got it done, and remind them that not only did he make washington work but donald trump will undo all of that. he will increase health care costs. he s having big oil executives right his executive orders if they max out his campaign. we ve got to do it by showing up where voters are at. they are not watching the news every day. they are watching the weekend. we have to talk to them in tiktok. we have to be on the tabloid magazines. we have to be on podcast. we ve got to go but here s the thing. kevin, you ve got to connect to understanding that rent is too high. and understanding of the efforts we are undertaking are going to try to address that. the federal government cannot lower your rent, but policies can be put in place to make people to put people in better positions. wage increases would offset rancourt increases. that s important. symone hits an important part of this conversation for the biden team that connection of what s happening to me realtime i still don t know if you understand it and they want to hear that you understand that. absolutely. and i think we have a good opportunity. there is time but not much time. kevin muniz, good to see you. he tripled down on defending jim crow. that he did interfere with reverend sharpton is coming up and we will have some of that. be sure to follow us on social media. our handle his @theweekendmsnbc s to getting better with age. here s to beating these two every thursday. help fuel today with boost high protein, complete nutrition you need. .without the stuff you don t. so, here s to now. boost. frustrated by skin tags? 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[ engine revving ] [ laughing ] the dodge hornet r/t. the totally torqued-out crossover. my frequent heartburn had me taking antacid after antacid all day long but with prilosec otc just one pill a day blocks heartburn for a full 24 hours. for one and done heartburn relief, prilosec otc. one pill a day, 24 hours, zero heartburn. we will pick back up where we left off. i think kevin is a great spokesperson for the biden campaign. i thought he was clear and calm and comfortable. where michael ended is the most important place. there are specifics specific questions voters have about specific things like housing. prices. like criminal justice reform. i think this campaign has answers, but they have to give them. i just think with us than five months until people start voting until election day less until people start voting is to give the specifics. the details are the things that will matter to the voters and make a difference. you can t give specifics on the barbershop tour. you have to get them anywhere. i think that is a big part of it. you see people and hear people and we run into them in our respective communities. they respond to us on social media. beneath the surface is this keen interest in the answer to the question, how am i going to be better tomorrow? you are asking me for another four years and i don t feel good about these four years and i m looking finely back over the last four years of the guy who is an absolute bad choice. how to help me understand and contextualize this tomorrow? my today ain t so good. when you come with a laundry list of policy objectives, that what comes up for me is that some of it is about trusted messenger and not just hearing it from campaign staff. hearing from your neighbor who says i hear you and here are the things i have done. this is a down payment on a next term. yeah. that is important because in my universe they spread those lies and those conspiracy theories amongst themselves. they are so effective at pushing it into the broader mainstream to legitimize it. that point of having faces that people know explain the story of hot tomorrow is better i think will go a long way. what he said about corporate greed is real and junk fees, those are addressing what is happening but people may not know what junk fees or corporate greed are. one of the finest political communicators at the top of this block. i want you to refill the coffee. we have another hour straight ahead with political analyst rick stengel and national security analyst coming up on the weekend. e) saving for retirement was tough enough. 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(kev) yo, yo what s up everybody? how you doing? don t mop harder, (reporter 1) kev! kev! can i get a response to the trade rumors? (kev) trade? trade means movin man.we talkin about moving? moving means contractors, inspectors, strangers judging my carpet. we talkin about staging? we talkin about a faux ficus? a faux ficus? nobody s gonna bring a faux ficus into my house. (reporter 2) you could use opendoor. sell your house directly to them, it s easy. (kev) . i guess we re movin . (reporters) kev! kev! (kev) whatchu gonna ask me about next, man? practice? will come back to the weekend. breaking this hour, president biden is closing out his trip to france by paying respect to american service members to commemorate the 80th anniversary
we re talking about cashbackin. not a game! we re talking about cashbacking. we re talking about. we re not talking about practice? no. cashbacking. word. we re talking about cashbacking. cashbacking. cashbacking. cashback like a pro with chase freedom unlimited. how do you cashback? american democracy after the hardest of things. it to believe that you are part of something bigger than yourself. we have never had a significant anniversary of d- day where democracy and western democracy felt as under threat and as fraught as it does this year. both in europe and at home. what do you make of donald trump s threats to jail his political opponents? i will talk you in about three years from now. you have to take donald trump at his word. i think there is nothing that will stop him from doing such things. the jury in hunter biden s trial was just dismissed for the weekend after emotional testimony from hunter s daughter. will wait to see whether hunter biden will testify in his own defense on monday. will you accept the jury outcome, their verdict, no matter what it is? yes. and have you ruled out a pardon for your son? yes. i just went to a riggs trial in new york. s first public campaign stops and says guilty convictions. if we don t win this country is finished. i really believe that, i think it is finished. i simply refuse to believe that america s greatness is a thing of the past. good evening once again, i am stephanie ruhle. we are now 151 days away from the election, and the contrast between the two presidential candidates could not be any clearer. this week president biden took action to close the border, and then traveled to france for the 80th anniversary of d-day where he stressed u.s. support for our allies. at donald trump, on the other hand, rallied against his guilty verdict, the judicial system, and then threatened to seek revenge with any possible person who has slighted him. let s bring in our nightcap and discuss all this. my friend, steve liesman is here. lizz winstead, cocreator of the daily show. she is also the cocreator. pablo torre, host of the public toray podcast. and to ray, host on thegrio. we look at this week you have president biden talking about freedom and the fight against tyranny, both 80 years ago and today, and then you have donald trump talking about how revenge is justified. liz, talk to us about where these two campaigns are and where they appear to be headed? tyranny of the past and tyranny of the present is basically what we are talking about. where are they heading? sometimes i honestly look at these two things and i think will the selection simply come down to will trump have more disillusioned people that won t show up or will biden have more dissolution people that won t show up? and that scares me. because i feel like for those of us doing the work, in the streets every day defending people s freedoms, if trump wins again, what we are facing is no dissent. and with no dissent we cannot challenge any of it. but, if he wins again there is no surprises about who donald trump is. in 2016 you can make the argument. people don t realize who he is. remember, he had all these people like no, no, you don t realize what you are in for. america knows exactly what they re in for. you say no. you know, there seems to be a lot of delusion. we hear a lot about the trump era was great, the trump administration was great. as if coven just did not happen. as if there was some reason why those last two years just don t count against his record. i don t remember covid but i definitely remember infrastructure week. infrastructure week was every week. i feel like trump is the most selfish person in the world, and everything revolves around me personally. every political issue comes back to me, myself. this woman asked him, this reporter asked him, katie from alabama wants to know what is your relationship with god? and he said i do very well with the evangelicals. that is not the question you were asked! and biden, to me, seems very outward. he is thinking about others. how can i help other people? think about the key moment of his life, losing a major chunk of his family in one horrific moment, as a relatively young man. who learned empathy, and to think about others and the importance of family. and this other person, who every bad characteristic we don t want our children to have, he has. i think what you said, you know, what is the question being asked and what are we trying to answer as instructed to what the biden campaign, i believe, should be trying to do? framing this even beyond needing to pay attention to the newsday today. more choice between extremism and not. i just wonder why we are not generally describing trump more as an extremist. forget about, again, let s not forget about the issues, people on the ground doing good work. when it comes to what are we expecting out of this, do you want someone who feels like they are attacking every institution, who is, again, do we need to recite the litany of felons and felonies? let s just talk about not being that. okay, but here is possibly why i think this is playing out. because, though they shouldn t be, president biden is focusing voters on democracy and on freedom. and these are fundamentally important things, but somehow they get viewed as kind of lofty ideals, and trump goes straight to the gut and grievance. because people don t know what it is like not to have it. i lived in russia for six years. they didn t understand democracy. they didn t know what it was like to not be, sort of the possibility of randomly being arrested and otherwise having appeal. but can i just go back to the beginning of the show? did all that stuff in this montage happened just this week? and there is 151 days, which means 21 weeks if my math is right. i m wondering if i have the stamina to make it through this, if this is just one week s worth of stuff. i really think this is going to be rather a dramatic, caustic, and i think biden is going to have to really bring home what is the absence of democracy, which is a very tough thing, whereas trump has only to say look, we can do all these things, everything can be great, and full of wall is not a sinitic and thing people think about. trump is a great salesman for his diseased ideas. biden has not yet shown himself to be a great salesman of his ideals, of what he has done. and there is a very significant and real and honest critique of biden from the left. that he has not done enough on what is going on in gaza. and there are a lot of people who would be democrats otherwise who will not support him because of that. i hear you. what s the conversation to have with that voter about what former president trump will do with the situation in gaza? was it not nikki haley a few weeks ago, when she went over there and said it is the job? you know, what lizz said about the margins is important. don t think about the potential, the imaginary hypothetical biden trump voter. i don t think that person really exist. there are a couple, but not many. there is a lot. know, the election is going to be about can trump get people who will say it is either trump or stay home? and can biden get people who say it is either biden or i stay home? the election is going to be won on those margins. and biden does have this significant issue, that a lot of people. there is agoing around on it tiktok . i don t know if using it. tiktok, home of misinformation central. we can talk about tiktok later. but they asked with man, gun to your head, would you vote for biden or trump? and he said the gun would go off . it is a meme that has been shared by people who are saying i will not go with any of them. this is my point about extremism or not. biden should also be as popular as the field broadly. do you want trump or anybody else? we are at a point where trump is not just specifically dystopian in the ways that we may remember or not, based on our experience during the pandemic. he is also just clearly against the will of all is the concept. so i think the question of democracy is how do you make this a tangible, scarier thing? because currently i think talking about democracy as a concept is a little pie-in-the- sky. the thing about democracy dying in darkness did not really work as a slogan for the washington post. it this week, with the remembrance of d-day, it was not just the stark contrast between president biden and donald trump. it was also between donald trump and ronald reagan. ronald reagan gave one of the most important speeches of his presidency in normandy. he stood against russian aggression, he stood with his nato allies. so isn t there question to ask of all republican voters, where has your party gone? because the current gop and what donald trump represents bears almost no resemblance to ronald reagan. correct. it is why you saw joe biden looking almost like reagan and referencing him while he was in france this week. i mean, i am just not going to go down that path, because i am somebody who doesn t have friends who are alive because of ronald reagan. so when i think about waxing back to the people who laid the foundations for this evolution, trump did not come to us in a vacuum. trump came to us because people laid foundations for hatred and bigotry and sexism. and i feel like i don t want to go back to the party that i could recognize of ronald reagan. but what i do want to say is people that we are leaving out of this conversation are the voters. i am constantly saying to people the election is not the end game. it is the starting game. you get the democracy you want and you get the democracy you participate in. and who do you want to fight? that is my whole thing. who do you want to fight? do you want to fight a madman? or do you want to fight somebody who might listen to you where you can get the needle move? because these other people. i do not think the election is going to be won by biden if he is taking democracy his issue. i think it has to be the economy. all of our polling shows people are most concerned about inflation, most concerned about jobs, most concerned about the economy. democracy should be like the sprinkles you get with the ice cream cone, if the ice cancun is the economy. but without a functioning democracy you can throw your economy out the window. that the economy is always the number one issue. finish your thought. i was just going to say that if he does not win it on the record that he is running on which is a strong one. which is a pretty strong one , and a vision of the future, i don t think he wins it by saying i am the democracy guy and that guy isn t. we are talking two different languages as far as the folks who may vote for biden and the folks who may vote for trump. i mean, this is not about issues at all. this is about personality. this is about who you believe. and the people on the right, like joy reed talks about earth one and earth two. the people on the right live on earth two. and we can sit here and believe the nothing that you believe is factual. we can go on and on. january 6, climate change, the election, the trial. but they are affirmed in their miss belief constantly, and they think we don t know what is reality. this is why i feel like the whole felonies thing should and hopefully does cut through to a silent majority, not to evoke reaganism s, but a silent majority of people who are like i am in earth one resident that i am just not that proud of it. it is, for me, a bridge too far, when we have a convicted felon surrounded by felons being again in the white house. i feel like i just want to simplify it down to do you want the felony guy or anyone else? that is a great question. donald trump wanted more than his face, wouldn t he be doing everything possible to court the nikki haley voter? he disrespected nikki haley in every possible way and still she endorsed him. if she actually wanted to win, it wouldn t he say she is my running mate, let s go for the gold? he hasn t, instead it is president biden who is putting together a coalition to try to go to for those voters and risking losing progressive voters in the mix. i wonder when we say nikki haley voter, i would wonder if they were not so psyched about nikki haley, or if they were just like i don t want trump. i am not like everything about nikki haley is just awesome. people weren t saying that. i feel like him going for that voter after he saw emma we saw the numbers after iowa. was it 28% of those people who said if nikki haley is not the nominee i could possibly vote for biden? i think when trump doesn t go out and try to expand his base he never has. but let me finish. why is even doing that? that should be the sign to everybody, he is not trying to expand past due. he is not looking at a world for you. can i do some reporting here with lizz ? i might be messing up the order of your show here. but when roe was first overturned we saw abortion rise up to the top of issues. since then we have seen it fall down. and i know the democrats are making a big deal of the abortion issue. do you think it is something that motivates voters? i don t think it is going to be democracy, and i am wondering if it is going to be abortion as something that trumps the economy, for lack of a better term, and becomes a real motivating issue. well, i am the right person to ask. no, no, only because you might not know this, i am on the ground all the time talking to people. and this is where democrats are actually making a mistake. i do think abortion, abortion polls better than politicians. in these ballot initiatives we are seeing in over a dozen states were initiated by the people, not by politicians. by the people. people who held their abortion stories to themselves for years, saw this as a time, and this isn t a couple people. you have to get 200, 500 in florida, 900,000 validated signatures to get it on the ballot. the question is will people vote for biden and the initiative, what we saw in kansas, the very first one, that people voted overwhelmingly for their abortion initiative and still voted for some of the people who created the laws in the first place. what? so, what we should carefully be looking at is these initiatives, i think, are going to greatly help down ballot. they are going to help senate races and places that will be surprising. congressional races. and will people say i am going to vote for everybody but biden? that is the question somebody needs to answer. we can do that in the next poll. we can ask about that. please do. the president took pretty aggressive action on immigration this week. it has been a vulnerability for him. republicans are going to say it is too little too late. how do you think it is going to play out? and just to be clear, republicans have done nothing on immigration, and thanks to donald trump, blotch doing anything legislative. this is how the republican party has shifted the overton window in their direction. we talked about the border, and about immigration. immigration is not a central issue in american life. it is not the source of crime, it is not changing the economy. republicans have made it this central issue. and people believe it. whether it actually is an issue in daily life are not is somewhat irrelevant, because republicans have been successful in convincing the american people. that s what i m saying, they have made us think about it when it is not as important as they wanted to be. i think this is the frustration for anybody who is not trump, joe biden specifically. your running election campaign, and administration based on it, i think, a practical execution of hopefully reasonable and increasingly moderated policies, and donald trump is running on vibes. it is a vibes based campaign. and the question, fundamentally, returns to turnout. vibes is too polite award for a period anger, resentment, ancient nightmares awake into the bloodstream of people who feel like they re being threatened by non-threats. i m sorry, i have a different view on this. i want to see the person advising biden on the politics of immigration fired. i think he has been behind the curve on this. he has let the republicans take this to a place where it shouldn t go. from a narrative perspective, but not a policy perspective. what have they done on the policy front? from a narrative perspective, if he is doing what he is doing now, why couldn t he have done that months ago? okay, fine. but hold on. you can argue with when he did it, but now he is doing it. now he is doing it. what have republicans done? nothing. they have objected to a deal that was apparently done that was agreed to, but the second thing i wanted say they want to continue to set this up as a problem. the second thing i want to say is there are some issues where you want to take on the lack of facts and the misdirection had on. this issue of immigration, i think, should be one that should be approached with much more sympathy for the people who are afraid and scared, and i think rather than head on white, which people? the immigrants? the people in montana who are worried about people crossing the border in xcode. you don t make it to montana. never make it to montana. so we should worry about what people in montana and west virginia should think about it? we already do. this is what is motivating them. and i think there is a way to address this in a way that is more understanding and less in- your-face. more understanding of what white people in montana think? exactly. here s why, because they vote. i don t think steve is saying because they are white. hold on a second. i don t think it steve is saying that person in montana is right. i think what he is saying is they vote. at the very least you have to acknowledge who that person is, where they are, and speak to them. the issue has already coddled them immensely by wrapping them in this notion of the demonization, i mean, so many americans would think of immigration and think of somebody getting murdered by an immigrant. but that is not the core of our relationship with immigrants in this country. and the right has made it that. yes, but the most important word that you said right there is made. because they made it that. because they solidified this falsehood, you have to at least address it and try to start solving for them. and you understand how people are scared? but who is scared? white people? white people. but we are continuing to be asks to be sensitive to the fears of white people? that are not real fears. it does not matter if they are real fears. they vote. i guess it is my question. genuine human empathy is being considered anybody s peers. i think we are trying to do empathy but also cold calculus about getting their votes. we are trying to disabuse them of the lies and ways that damages them in terms of their sense of security and sense of self. but before we get back in, i just want to ask what does it take to coddle the abstract montana and that is afraid that someone in mexico is coming over to take their job? there is a community i know in wyoming. they had no people from south america. all of a sudden they had 12 people. this was a huge change for them, and everybody, all of a sudden they had to teach esl. great, and guess what? that town in montana or wyoming had jobs for those people. they absolutely did, and those people added to the jobs and there were not people to do the jobs they were doing. all that is good stuff. i am just saying the change, the challenge makes people uncomfortable. i am wondering before we take them head-on if there is a way to talk to them. in an understanding way. last point. this is bigger than the immigration. because this is the republican pattern. create a fear that is not real, pass legislation that only harms other people, then the fear stopped because it never existed. and they think they won. they have done it with abortion, they have done it with lgbtq, trans people. there s kids who are pooping and cat boxes in schools! no, there isn t. if they were kids pooping in cat boxes in schools, high school kids would have put it on instagram. so, to me, it is a microcosm of the playbook and how do we dismantle that playbook to stop having that fear, and stopping the bs around it? we have to go to commercial, but i don t actually think you and steve disagree. i don t. no, i am not prioritizing the feelings of white so we do disagree. but i think that all steve is trying to say here is these people and their fears, he is not saying let s appeal to them. but if we simply ignore it then we are sending this people into trump s arms. we can practically see the statue of liberty when we walk outside this building. we are supposed to be a nation that welcomes immigrants. i mean, none of us were born here, right? but now we have this very hateful, xenophobic approach to a certain kind of immigrant. it is disgusting, and the notion that we should kowtow to the fears that have been grading these people. i am not saying you are kowtowing to anything, but if you don t at least speak to that person you are sending them into the arms of donald trump and going wild are that these people voting for donald trump? because they are getting it to work. and i am not saying they should be coddled. i am saying shouldn t we at least acknowledge them and get a basis of truth back to the center? this is part of what we are talking about when the new york times does what is going on in the world? we ask trump voters. they don t care, we don t care what they think. we don t have to be constantly checking in with what they think. i also think it is the responsibility of white people to educate white people. it should not be placed on lichen brown people and immigrants. i would like to know what it would take to achieve the persuasion that immigrants are not so scary. i would like a practical proposal before i decide to sort of center the feelings of people who are fed lies. what if you didn t reject the fears? and by the way, i am wanting to correct the record. i m not talking about coddling the fears of white people. i feel like there 20 a black and brown people concerned about immigrants coming over the border, taking their jobs. no one is taking anyone s jobs, we have a labor shortage. you have been there could be a rainbow coalition of people who believe that there isn t. i think we acknowledge the people have a right to have fear and be concerned, and not dismiss those fears. besides the four of you, someone else is screaming at me and it is the producers. we have to go to a commercial. there s five people yelling. when we return, the last four years have been great for the wealthiest americans. so i want to know why so many of the richest of the rich are opening their wallets, their hearts, their minds, and buying into his propaganda and pushing donald trump. i need some answers to this. and later, phenom caitlin clark gets hip checked and starts a bigger conversation about women s basketball when our nightcap and the 11th hour continues. s. no other complete hiv pill uses fewer medicines to help keep you undetectable than dovato. detect this: marnina learned that most hiv pills contain 3 or 4 medicines. dovato is as effective with just 2. if you have hepatitis b, don t stop dovato without talking to your doctor. don t take dovato if you re allergic to its ingredients or taking dofetilide. this can cause serious or life-threatening side effects. if you have a rash or allergic reaction symptoms, stop dovato and get medical help right away. serious or life-threatening lactic acid buildup and liver problems can occur. tell your doctor if you have kidney or liver problems, or if you are pregnant, breastfeeding, or considering pregnancy. dovato may harm an unborn baby. most common side effects are headache, nausea, diarrhea, trouble sleeping, tiredness, and anxiety. detect this: you could stay undetectable with fewer medicines. ask your doctor about dovato. craig here pays too much for verizon wireless. so he sublet half his real estate office. you could stay undetectable with fewer medicines. [ bird squawks loudly ] to a pet shop. meg s moving company uses t-mobile. so she scaled down her fleet to save money. and don s paying so much for at&t, he s been waiting to update his equipment! there s a smarter way to save. comcast business mobile. you could save up to 70% on your wireless bill. so you don t have to compromise. powering smarter savings. powering possibilities. in the week since donald trump was found guilty of 34 counts in a new york courtroom, some of the wealthiest americans have come out to announce their support for him. steve, i really, really want to talk about this. because just in the last week donald trump has this new crop of not even your average wall street is disguised. i mean the top of the top most successful. coming out, throwing parties for him, supporting him, and even making arguments that are not true. in the last 24 hours i have heard some of these guys say well, when joe biden asked that last covid relief, which, you know, killed us in terms of inflation. unemployment had already completely recovered. that is a lie. and an uninformed voter might not realize that. but i am talking about the most informed voters, the most successful guys in business are pushing trump lies on their, in a field that is their own expertise. why is this? the corporate tax cuts are going to be on the table in 2025. if you end up supporting trump you are most likely to keep those corporate tax cuts and lower tax brackets, because, by the way, i don t think trump is going to address the deficit at all, either. the record shows that perhaps some of the fiscal spending had a part in the inflation, but it was more about supply shocks, the inability to get stuff into the country, the reduction in the ability to spend on services, so all this money to buy patio furniture and stuff like that, all of the sudden that shot up and all of a sudden we had problems with some food distribution. and that has come off in a very big way. there has been extraordinary progress on the inflation rate but has not brought down the inflation level. and don t overstated, biden has plenty of very, very wealthy supporters. but you are right to point out how extraordinary it is that some of these folks, especially in tech land, are the ones who are out there saying i am going to vote for trump or support trump. and to read, for example, david sachs tweet today on the economy is just to be amazed that a guy with that much money . here s the thing. i get that inflation is difficult. these people who are now supporting donald trump have had extraordinary, extraordinary last few years. bill ackman this week, what is it announced? he is worth $8 million. think of everything president biden has done for electric vehicles. a huge win for elon musk. yet they are railing against this disastrous economy, when it has been a perfect one for them. i think, first off, taxes, let s start with that. and then get to realizing that for these guys, in silicon valley especially, shame feels like a market inefficiency. wait, hold on, if i don t have to care about the judgments of people who are paying attention to the news, maybe i can do the thing that donald trump offers uniquely, in my memory, of american presidents. which is the ability to dictate actual policy. the ability to get favors. i feel like this is the other part of the trump administration that goes underrated because we are talking about the bed of nails that is every single scandal. he is for sale. look at the adelson family. go down the risk of donors and what you get. if you are tech billionaire, ceo, philosopher, king. that is what these guys want to be. they know better. they may think trump is an idiot, and i think they do, but they also think they can puppeteer hemenway s, and they can help run the country. and that is something that joe biden does not offer them. the white house is for sale. and in some way, is this like re-creating putin s oligarchs, but here? you know, i have been listening to you, and i can t believe we are here, again. and a real chance that he might win. and something i ve read the criminologist talk about, the reason why jail does not work as a deterrent. because a lot of people do a stint in prison and they come out and they go oh, i can do that. now i m going to go back to the street, because that wasn t that bad. and for a lot of people they are like we survived trump. it wasn t that bad. covid does not count on his record, for some reason. and they are like we could do this again. and it doesn t make any sense. and i get a footnote to the oligarch story? a lot of those guys ended up exiled and dead. i don t know that all the people who are supporting trump understand the final end result of kleptocracy. okay, because you are asking for people to have something beyond short-term. it works for a little bit. but, see, we are talking about hugely successful masters of the universe who believe well, that will never happen to me. you know that is the way they all think. i think that is right. they re not thinking it through. i think they are also missing, getting back to the first conversation we had, the essential connection between democracy and free markets. what makes free markets work is the rule of law, and if the rule of law is something that is on the whim of the president you have a real problem with your free markets. lizz, let s talk about sort of these loud, influential voices were suddenly backing former president trump. why they would be doing it. i understand, inflation is a really difficult. you want to buy a house, rent an apartment, get any insurance, things are really difficult. but suddenly this group of people backing the former president, it does not really make sense from a policy perspective. why do you think it is happening? well, when you look at how many of them are feel adjacent, this is not my will house. but i d do see and have met and have been hit on by very, very, very rich and powerful men. and all those zeroes don t add inches, and somehow i think they do. and if that stays in the show i am proud of you. i promise you it will. because honestly, i don t have an answer. we are on life. is a family show until now. but honestly, what is the thing you are missing? what is the emotional thing you are missing? you are talking about the intellect of these individuals, and so much of it is about the performance of this analogy that trump offers, the ego. and if you have a massive ego, one of these masters of the universe, wall street, silicon valley, i completely understand why you rock with trump. because that ego seems to be like that is my guy, that s the guy want to be with. i am also just not convinced that they actually like him. that s correct, they don t. they think he is a puppet. i think that they are unbothered by the performance that trump does, which is a key, visceral distinction that i have with these people. but also, i think, what they want is power. trump offers them power. these guys right now believe they can purchase a bat phone into the oval office if donald trump wins. and it was funny, somebody on tv said to me the other day, yeah, but what if donald trump turns on them? what if he doesn t deliver than that? he might, though. and joe biden definitively will not. so they will roll the dice. i think we make a mistake in this country, that because you made a lot of money here you must be smart about things over here. we do it all the time on cnbc, and it is something that i disagree with. but like we will have a billionaire and asked him what he thinks about healthcare. and unless he made his billions in healthcare i am not really sure i care. it s a great point. it s interesting, but it is not essential. it is interesting as we talk , that the pronoun hymn has been used to bunch. because we ve been talking a bunch about men. and even when you said because they make money here they don t do it over there, when you think of somebody who is a billionaire, like the woman who invented spanks. sarah blakely. people are not going to sarah blakely, what do you think about what is going on over there? i don t anybody is asking these guys. these guys have realized they can become business celebrities. do you think somebody a year and half ago said what does bill ackman think about anything other than investing? no one asked him. but now he is posting tweets. it became a twitter personality. so the adrenaline addiction is real. they are all addicted to dealmaking, and now they have become business celebrities. this is a part of capitalism. the people who succeeded the most and capitalism must be the most intelligent people in the country. trump succeeded in capitalism. soon enough, he did not. he did! he took a big chunk of money from his dad. lost a bigger chunk. right, we think of him, he is so dumb. he is proof that you can be wealthy and done at the same time. is also not a successful business person. everyone is staying right here. when we return, fans love her. but caitlin clark is getting a mixed reception from the players in her first year of going pro. why one foul has people talking when the 11th hour in the nightcap continues. introducing new advil targeted relief. the only topical pain reliever with 4 powerful pain-fighting ingredients that start working on contact to target tough pain at the source. for up to 8 hours of powerful relief. new advil targeted relief. - so this is pickleball? 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(vo) new and existing customers get iphone 15 on us when they trade in any iphone. verizon it s time to get away and cash in at cache creek casino resort. to rock and to roll. to go all out or go all in with four stars and rising stars. northern california s premier casino resort is the perfect place to do as much. or as little as you want. make your getaway now and cache in at cache creek casino resort. basketball star caitlin clark continues to crowd the spotlight as her wnba career kicks off. but it is a foul against her from nearly a week ago that is still in the headlines. pablo, she got body checked by another player. so why are people still talking about it? walk us through what happened in the line of all these new threads. on some level it is a simple story. it was a hard foul, should have been called a flagrant. wasn t, had to be assessed as such retroactively. but the reason it has continued is because it fits into this larger story, which is less and less about caitlin clark, and is a through line for today s show, perhaps, and more and more about us, the voters, so to speak. because it is a perfect culture war story. uninformed voters versus informed voters. and it is about vibes. so i want to address the feelings, because these are sincerely held. it is more than just the great white hope. it is more than just a minority group in this sport actually being a majority outside of it. wnba famously is 60% black women. so you have this star who is bringing attention, record ratings, real business for the first time in the history of the sport. and simultaneous to that you have a lot of people who pre- existed in this sport, who built this sport, who are saying we have not felt the advantages of being the majority group in a business that now everybody cares about. and so, a lot of people have a point, is my point here. caitlin clark is a great player. she deserves the conversation and the height and the attention and the money. and at the same time, those are advantages that are not granted to others because there is a novelty, as well as the substance to it. it is an endless culture war story which everyone can get mad at everyone for a very long time. i think i feel also the resentment of the women who are already there, who are like oh, you think this college kid is going to come in and dominate us? and at the time it seemed you guys are being rude and resentful. and no, actually, it is very hard to move from college to the pros in any sport, even if you are, maybe, one of the best, the best college players ever. we are going to do this entirely differently. we are stronger, faster, more experienced. it is going to be hard for you. so slow down, don t think you re going to walk in and take over. i have nothing to say. remember how i said that i didn t think rich people should be talking about healthcare? i am pretty sure the economics reporter should not be talking about sports. but how is there so much confusion here? suddenly the wnba has all these new fans, and they are watching a game. a game, a rough game that is played year after year. but suddenly the first game they have ever seen, the player who they love, they are seeing get pushed around and they are going, i mean, there was a republican lawmaker who was complaining about this. where you are going this is just how the game is played. yeah, would they feel that way if it was angel reese who got knocked to the ground like that? no. she did get knocked to the ground like that, and nobody cared. this is the other part of the story. sports are supposed to be fueled by hatred. by bad blood. by feuding. this is stuff that is great. part of the reason why i want to buy stock, business metaphor, buy stock in the nba is because people are actually invested in it emotionally, and that comes from having bad blood. the thing that is dystopian, lizz, which movie you can appreciate on this level, too. i love dystopian. yes, we are talking not so much about the story, and more about how everybody hates everybody else because they see themselves in it. and for me it becomes a culture war story, and when i say it is an endless forever war of a culture war story i mean it is because, in sports, we are still arguing about whether lebron james or michael jordan is better. we have been doing that for decades upon decades. some precincts have been reporting that it is jordan. but the point is this is not a thing that can be solved this positively by play. it is going to be, again, about how you feel. and being a minority group in a majority female, black sport that outside of that sport affords you advantages that track with the money and the attention and the privilege, it is like it is fair to object to all of this and it is fair to also say you are making too much of it, because isn t she just a basketball player? and this i will also say. i think it is also fair to say that caitlin clark knows the game that caitlin clark is in. caitlin clark is not saying anything. it is like taylor swift, when the whole taylor swift beyonce feud was happening, they were both like there ain t no feud. this happens in this sport. i just feel like caitlin clark is not screaming. there is a whole lot of pundits speaking, there is a whole lot of things. and what you said is real. the pundit point is important. because race is always a part of sports, we don t always talk about it, but it is always there. and not just what happens on the floor, but also because the vast majority of people who cover sports are white, and male , and generally they are covering, especially in basketball, covering a lot of black people. so, in this situation you see the white girl who is supposed to be the new star, who is changing everything, and she gets thrown to the ground by somebody. the white pundits especially are like oh my god, how could you do that to her? but it is not just about race. it is a lot about the fact that these sports analysts are men. as i have seen black sports analysts this week go on and on, shocked by this saying these girls out there are being mean girls to each other. in the same sports analysts watch football year after year, they watch rookies get the crap kicked out of them going that is on the game is played. but when it comes to women doing it they are like look at these mean girls up in here. and that is bull nonsense. and i agree with you. overwhelmingly it is not that the rest of the wnba is jealous and deceiving like this is a high school cafeteria over caitlin clark. but there are a couple of people who feel that way. if you were to tell me watch this clip of angel reese celebrating caitlin clark falling to the ground i can t convince you objectively that she is not taking some enjoyment. now, does that rise to the level of jealousy and mean girl stuff? i am not going to categorize it as such. but i believe in that he and bad blood can coexist. it is just a we over characterize it as this is a sport where this should not happen, all sports are fueled by this. this is my observation. i want to know if this is true. is less contact countenanced in the wnba than the nba? is even more physical. we have to take a commercial. it s more physical? yes. does ladies know how to get it done. what i want to know is all this talk about the wnba, is it helping the game? we don t know yet. everybody is staying put. when we come back are nightcap returns with our mvps of the week. you do not want to miss it when the nightcap continues. e night kisqali is a pill that when taken with an aromatase inhibitor helps delay cancer from growing and has been proven to help people live significantly longer across three separate clinical trials. so, i have the confidence to live my life. kisqali can cause lung problems or an abnormal heartbeat, which can lead to death. it can cause serious skin reactions, liver problems, and low white blood cell counts that may result in severe infections. avoid grapefruit during treatment. tell your doctor right away if you have new or worsening symptoms, including breathing problems, cough, chest pain, a change in your heartbeat, dizziness, yellowing of the skin or eyes, dark urine, tiredness, loss of appetite, abdomen pain, bleeding, bruising, fever, chills, or other symptoms of an infection, a severe or worsening rash, are or plan to become pregnant, or breastfeeding. long live life and long live you. ask your doctor about kisqali today. welcome to the wayborhood. and long live you. with wayfair, finding your style is fun. [ music playing ] yes! when the music stops grab any chair, it doesn t matter if it s your outdoor style or not. [ music stops ] i m sorry, carl. this is me in chair form. i don t see you. -oh, come on. this one s perfect for you. but you. love it. i told you we should have done a piñata. i explained it so many times. um-hum. they re not sitting. -and it rocks. you need to sit down. wayfair. every style. every home. i don t know how long it s been there. long enough to produce eggs, it seems. it would appear that it has begun moving towards us! visionworks. see the difference. are nightcap is still here with the mvps of the week. who had the biggest we can your mind? one of my heroes, peppermint patty murray from washington state who took on an antiabortion physician who spoke in front of the senate and actually lied about that iuds were actually an abortion, and patty murray called her out on it. it is a public service to everybody. an iud prevents implantation of a fertilized egg. you cannot have a pregnancy unless the fertilized egg is implanted in the uterus. that is a fact. and this doctor, who is somebody s doctor, lied in front of the senate. and patty murray was like smacked down today. go, patty. another yelling at me because we are going to run out of time, but we should just think about this for a second. that person who sat there and told that lie with a political agenda is somebody s doctor. who is your mvp? i wanted to go in a different direction. corey harris, who became viral out of driving to his resume hearing about driving with a suspended license. hold on, walk us through. because people are not going to know this name but everyone saw this video. he drove to his resume hearing with the judge on his suspended license hearing. and everybody is like oh my god, what an idiot. and surely he made some bad decisions. and it came out that he has actually never had a driver s license. but the end result of all of this is that he ended up in jail for a nonviolent offense. he was not even intending to hurt anyone, and it is easy to look at an individual and say you should have behaved differently. more important to look at the systems and the institutions and say you should behave differently. why are we using jail as a corrective for something like this? a nonviolent offense like this? we are over incarcerating nonviolent offenders way too much in this country. and this is a prime example of somebody who should not be in jail. there are many, many other ways to make the situation work. cindy eldon is the clerk for esmeralda county in nevada. and she is undergoing a withering criticism at a recall petition. she is a republican from supporter, and there are people in that county the believe that there was problems with the election because trump only one of the county of about 700 people by 82%. and this wonderful story in the new york times about this clerk who is being criticized by her neighbors and all the people she has known for life is a reminder that democracy is not a mountain. it is not a building. it exists because of local officials, and the reason why the 2020 election was not overturned is because of these actions by these local officials . these people, i think, democrats, republicans, non- partisans all our heroes that make democracy still exist in this country, and don t take it for granted. and i am on a bipartisan crusade of my own. good luck with that. red panda is somebody that you may know if you have seen a basketball game. she happens to be the greatest halftime performer of all time. red panda is the older chinese woman and immigrant to this country who gets on a unicycle, elevated many feet in the air, balances holes on her foot, and kicks them off to her head repeatedly. and the crusade i launch after watching her perform in game one of the nba finals yesterday is simply this. at the basketball hall of fame has never inducted a halftime performer. it should be red panda, and i want to address america, the world, on my various social media platforms i have a change.org petition. this is a real thing. all of you guys at this table need to sign it. i am begging you. we need to demonstrate that this person, read anda, is a part of history and should be remembered to me as such. right on. we are ready to sign it. my mvp, the families from the sandy hook elementary school in newtown, connecticut. if you remember, talkshow host alex jones spread lie after lie of what happened in that elementary school in connecticut. the families of those children, those five and six-year-old children who were killed sued this man for defamation and they won nearly $1.5 billion in damages. but all sorts of cynics out there, me included, thought they are never going to see the money. a guy like this is going to move his assets, put them under family members names or friends, it will never happen. on thursday, yesterday, alex jones filed for chapter 7 bankruptcy, basically liquidating all of his assets. why? for the families who face the most devastating loss and then had to hear the lies that he pushed. this was all made up, and these families have said the money is not the most important thing. the most important thing is that he stops doing this. that might not ever happen, but we are one step closer to these families having one ounce of justice, and i welcome it. thank you all for being here. it was a pleasure to have you all. have a great weekend. thank you, thank you, thank you. we are going to be right back. the virus that causes shingles is sleeping. in 99% of people over 50. it s lying dormant, waiting. and could reactivate. shingles strikes as a painful, blistering rash that can last for weeks. and it could wake at any time. think you re not at risk for shingles? it s time to wake up. because shingles could wake up in you. if you re over 50, talk to your doctor or pharmacist about shingles prevention. hi. my name is kim and i am 41 years old. i ve been given the opportunity to work from home, so that means lots of video calls. i see myself more and i definitely see those deeper lines. i m still kim and i got botox® cosmetic. i wanted to keep the expressions that i would normally have, you know, you re on camera and the only person they can look at is you. i was really happy with the results. i look like me just with fewer lines. botox® cosmetic is fda approved to temporarily make frown lines, crow s feet, and forehead lines look better. the effects of botox® cosmetic may spread hours to weeks after injection, causing serious symptoms. alert your doctor right away as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness may be a sign of a life-threatening condition. do not receive botox® cosmetic if you have a skin infection. side effects may include allergic reactions, injection site pain, headache, eyebrow, eyelid drooping and eyelid swelling. tell your doctor about your medical history, muscle or nerve conditions, and medications, including botulinum toxins, as these may increase the risk of serious side effects. see for yourself at botoxcosmetic.com. sup? -who are you? as these may increase the risk i m your inner child. get in. listen. what you really need in life is some freakin torque. [ engine revving ] oh yeah man, horsepower keeps you going, but torque gets you going. [ engine revving ] oh now we re torquin ! - i love car puns! oh, i know. pppp-powershot! [ engine revving ] [ laughing ] the dodge hornet r/t. the totally torqued-out crossover. norman, bad news. i never graduated from med school. what? -but the good news is. xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the go. plus, buy one unlimited line and get one free for a year. i gotta get this deal. i know. faster wifi and savings? .i don t want to miss that. that s amazing doc. mobile savings are calling. visit xfinitymobile.com to learn more. doc? [crowd cheering] it may not seem like it, but this, is actually progress in play. a shell energy 100% renewable electricity plan lighting every soccer match at shell energy stadium. we re moving forward with the houston dash. because we re moving forward with everybody. shell. powering progress.