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this is "gps", the global public square. welcome to all of you around the world. i'm fareed zakaria coming to you from new york. today on the program, we'll bring you the latest on the suspected chinese spy balloon. then, we'll move to the economy. but for a change, it might not be bad news. >> we have some very good news about the american economy. >> the imf global outlook is less gloomy than it was a few months ago. and then the fed said it wasn't ready to declare victory on inflation, but it is cooling. i will ask larry summers if he agrees. also, crimea, many powerful pe...

victim and the suspect later this hour, but begin with a fox news alert. >> a handshake on u.s. soil in nighting the fury of xi jinping, aircraft carrier sent to the coast as the taiwan president meets with kevin mccarthy in california. we are waiting to hear from the white house and the pentagon, beijing warned the u.s. and mccarthy not to do this. >> gillian: the big question is how president biden is responding. remember, xi jinping told his military to be ready to take taiwan by 2027. just last fall, biden seemed to commit sending u.s. men and women into harm's way if it does hap...

the covenant school, a small private school inside a church that the chief of police in nashville chief john drake, says appears at one point was apparently a student at that school. they were led to her by what he said was a vehicle parked nearby that they wouldn't go into further detail about her as this investigation is just underway. police say that she killed three adults staffers as well as those three children and students. the first call came in at 10 13 am local time and police say within 15 minutes of the call. the attacker was dead. cnn's dianne gallagher is tracking all t...

address rising crime. chicago will now have another mayor who has previously called for the defunding of police. >> gillian: what impact will that new mayor have on the windy city's ongoing crime surge? we'll speak with raymond lopez about just what chicagoans say they are expecting. >> john: begin with the fox news alert, the taiwanese president meeting with kevin mccarthy in los angeles as part of a week long trip to america that has left china threatening to retaliate. those pictures coming in moments ago. hello, john roberts in washington. we live to fight another day. >> gillian...

with lethal aid and also talking peace. we don't know what they'll do. that's what the white house spokesperson admiral kirby said. tiktok, data privacy, fentanyl. the list was scrolling there. bipartisan calls for the president to do something on all of it. democratic chairmen of the senate select committee on intelligence here. >> china is investing in economic areas. they have $5 hundred billion in intellectual property left. we are in a competition on technology basis. you guys would like that kind of return 90 minutes a day on tiktok. taking date why from americans and not keepi...