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CNN Early Start With Christine Romans June 4, 2024 09:32:00

Of no confidence? indeed, two votes of no confidence, the latter of them only by nine votes. but even in the face of all of this opposition, with about two thirds of the country opposed to these reforms, he s saying france simply cannot afford that kind of large. yes, and ultimately, that s because they ve got an aging population . christine just from from from the perspective on this side. of the of the of the parliament. quite honestly, 62 years old, the u. s at 67. we re still talking here about about the solvency of social security. so clearly the math. math is very, very hard on a pension benefits . alright, same kylie. thank you so much. nice to see you quick hits around the globe right now a north korea, claiming it tested nuclear attack simulations using an underwater drone and two cruise missiles this week, state media reporting leader kim jong un personally guided the weapons test interpol in south korea, confirming the fugitive arrested in montenegro is crypto mogul dequan. ....

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CNN Early Start With Christine Romans June 4, 2024 09:39:00

Was rushed through, let s go to cnn s melissa bell. i live in paris. this is tough for americans to understand. i have to be honest with you here. the u. s retirement age is 67. we have our own issues with the solvency of that program. longer term. why is 60 for such a big deal there? i think it s a really good question. important to put it into context because even by european standards, christine 62 is pretty low. the french are very attached to their system. it goes back to the second world war. they feel these are rights that they ve earned that the workers cannot be deprived of. and what we re going to see again is the ninth day of nationwide strikes and protests from what we ve also seen as proof of that christine these last few days are spontaneous protests. practically every day. the protests have been unplanned. almost nightly. ever since the french government announced it would push its pension reforms ....

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CNN CNN Newsroom June 4, 2024 17:30:00

Now the battered regional lender has hired jpmorganchase to shore up its financials even more. markets are up on the news, and the fed is watching all of this ahead of tomorrow s decision on interest rates. cnn s matt egan is tracking this for us. so matt, yellen keeps trying to reassure everyone that the banks are fine and that the government and bigger banks will stamp out any fires. has that calmed things here? well, brianna, it does look like things have calmed down significantly. you know, janet yellen, she s insisting that this is a confidence problem, it s not a solvency one. and so she is doing her best to try to reassure everyone that the banking system is strong, it s been made stronger by the 2010 dodd frank reforms. and yellen did say that washington is willing to come to the rescue if that s what it takes to put out these fires. janet yellen also sought to draw a contrast between what s going on now and what happened during the great financial crisis, saying that this is ....

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CNN Fareed Zakaria GPS June 4, 2024 14:20:00

And we are back with lloyd blankfein, former chairman and ceo of goldman sachs. lloyd, i want to understand what the future of banking looks like, what the business model as it were, if the federal government is ensure all deposits, in a sense, the whole business of banking used to be that you ve managed the fact that you re taking short-term money and you re loaning it out at long-term for long-term investments. if the forward federal government is going to guarantee, what is the model of banking, is it a utility highly regulated for everyone? well i don t think there is anything on the table to guarantee banks and their income and their solvency. ....

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Deal of the Month: UOB opens the Singapore dollar bond market in 2023 with AT1 bond | uob, singapore, bonds, at1, banks, solvency

The return of this flagship monthly FA feature sees the editorial team highlight noteworthy capital market transactions from the past six months. ....

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