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May 16, 2024
05/24
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guest: u.s. tariffs are still pretty low even though they are used a lot right now and have been the past few years. u.s. tariffs are still pretty low, the average is still 2% to 3%. now we have bigpike other countries, their average tariff can range from 5% to 25%. so india, a lot of theirif who thinks that s are a good idea? guest: it depends on who is in office. a lot of it is political. i think if you talk to any member o congress, any member oft, policymaker, no cameras around, it is clear it is a tax onmpimports, that is c. imports are intermediate inputs like primary goods, raw materials, capital goods, things that u.s. manufacturers need to so, i don't really think many people think that a tariff is a good idea. people are well-intentioned but misguid and feel that tariffs may help to balance our trade deficit. that doesn't work like that. host: our trade deficit is driven by macro factors. in the u.s. we have a pretty big propensity to consume anloensi . other countries are flipped. basi
guest: u.s. tariffs are still pretty low even though they are used a lot right now and have been the past few years. u.s. tariffs are still pretty low, the average is still 2% to 3%. now we have bigpike other countries, their average tariff can range from 5% to 25%. so india, a lot of theirif who thinks that s are a good idea? guest: it depends on who is in office. a lot of it is political. i think if you talk to any member o congress, any member oft, policymaker, no cameras around, it is clear...
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May 10, 2024
05/24
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the u.s. in foreign policy and national security. we have seen maybe in our history. ms. adam smith, critical year for moldova. his homeland over will hold both presidential election and referendum on eu aspirations. moldova continue to face russian hybrid warfare putin stops at nothing to replace the pro-western leadership with duke of a button and paid for by the criminal. we cannot let putin paid a triplet public record puppeteer. margolis future is dependent on the success of ukraine on a battlefield. so at the extent between moldova and the russian attack is the ukraine army. one of the reasons why it support we continue to support ukraine. while vexations the se africa's most country terms of population, r-27 your absence in which we has greater a vacuum in the prc has been more than happy to fill so it's got the seychelles has geopolitical significance. it can from your face difficult task of his subject and embassy physically from scratch. that's not can be easy. we can't waste anymore
the u.s. in foreign policy and national security. we have seen maybe in our history. ms. adam smith, critical year for moldova. his homeland over will hold both presidential election and referendum on eu aspirations. moldova continue to face russian hybrid warfare putin stops at nothing to replace the pro-western leadership with duke of a button and paid for by the criminal. we cannot let putin paid a triplet public record puppeteer. margolis future is dependent on the success of ukraine on a...
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May 2, 2024
05/24
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the u.s. blacklisting cause some problems, now there is nationalistic demand for phones in particular. one of the things for apple is they are struggling in china, trying to figure out how to revive demand, opening up new stores. we will see if they are able to talk about the future and prospects. other key things are the headset they introduced, they view that as a long-term that and they hope it will show promising results. they want to hear about apples ai strategy. we have not heard as much from them as microsoft or google and how apple is going to integrate ai. tom: on that, analysts pointed out the lack of clarity in terms of strategy. are we expecting details? do we have to wait for a big event? where do we stand? peter: we will get questions about ai. other companies have done more to articulate strategies. microsoft is the most aggressive. the ceo is in asia explaining how much they will invest in data centers, particularly in indonesia, india, malaysia, japan. apple will get question
the u.s. blacklisting cause some problems, now there is nationalistic demand for phones in particular. one of the things for apple is they are struggling in china, trying to figure out how to revive demand, opening up new stores. we will see if they are able to talk about the future and prospects. other key things are the headset they introduced, they view that as a long-term that and they hope it will show promising results. they want to hear about apples ai strategy. we have not heard as much...
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May 31, 2024
05/24
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u.s. justice system. further russian attack as the u.s. allows ukraine to use u.s. weapons and limited strikes on russian territory. hello, welcome to world news america. i am caitriona perry. joe biden is urging leaders of israel and hamas to accept an israeli cease-fire proposal, saying that it's time for this war to end. in a speech on friday he set out a roadmap for peace broken into three phases, including a permanent cease-fire, with the withdrawal of israeli troops from gaza, the return of hostages held by hamas, the rebuilding of gaza. the u.s. has been working to negotiate an end to the war in which more than 36,000 people in gaza have been killed according to the hamas health ministry. an attack by hamas and palestinian armed groups in israel on armed -- on october 7. he called on the group to accept it well urging israeli leaders to stand behind the proposal. with the u.s. president says is a decisive moment. pres. biden: i know that there are those in israel who won't agree wit
u.s. justice system. further russian attack as the u.s. allows ukraine to use u.s. weapons and limited strikes on russian territory. hello, welcome to world news america. i am caitriona perry. joe biden is urging leaders of israel and hamas to accept an israeli cease-fire proposal, saying that it's time for this war to end. in a speech on friday he set out a roadmap for peace broken into three phases, including a permanent cease-fire, with the withdrawal of israeli troops from gaza, the return...
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May 30, 2024
05/24
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you look against u.s. futures and we did see u.s. gdp figures undershooting expectations overnight, softness in personal spending. concerns around the health of corporate america perhaps. we did see weakness but so far we are not seeing that translating so far. there are political risks to consider as well and that could of course play out over the coming months. haidi: really interesting. we know a lot of these markets tend to look at the colorful list of -- colorfulness of u.s. politics but this is historic, donald trump the first former u.s. president to be convicted of crimes. this verdict creates a daunting political and legal path ahead as he shapes up to take on president biden in november. jeannie, as we were chatting about, we are in uncharted territory. it is your assessment of the implications of this and how we proceed in terms of the various scenarios going forward? jeannie: uncharted territory is the best phrase to describe this. we are sort of coming to the realization we have the presumptive nominee of a major politic
you look against u.s. futures and we did see u.s. gdp figures undershooting expectations overnight, softness in personal spending. concerns around the health of corporate america perhaps. we did see weakness but so far we are not seeing that translating so far. there are political risks to consider as well and that could of course play out over the coming months. haidi: really interesting. we know a lot of these markets tend to look at the colorful list of -- colorfulness of u.s. politics but...
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May 25, 2024
05/24
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topics include u.s.-kenya relations, climate change, and the importance of public-private partnerships including investments from google, microsoft, and a mastercard. ♪
topics include u.s.-kenya relations, climate change, and the importance of public-private partnerships including investments from google, microsoft, and a mastercard. ♪
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May 31, 2024
05/24
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looking at how u.s. risk assets are trading, this as we continue to look for market reaction to the historic news that donald trump has become the first former u.s. president to become -- be found guilty of criminal charges related to the hush money payment to a porn star. this models the outlook when we are just five months away from election day in the united states and the implications of when the sentencing will happen, what it will look like and how it complicates his path to return to the white house. u.s. futures, s&p futures a little softer ahead of inflation data. this is bl haidi: donald trump was found guilty on all counts in his hush money trial. let's talk about the verdict with our reporter in new york. really great to have you with us. talk us through this uncharted territory when it comes to where we go from here. was this a surprise and where to be go from here in terms of the expected sentencing? david: i would say it was not a particularly surprising verdict for those who sat through t
looking at how u.s. risk assets are trading, this as we continue to look for market reaction to the historic news that donald trump has become the first former u.s. president to become -- be found guilty of criminal charges related to the hush money payment to a porn star. this models the outlook when we are just five months away from election day in the united states and the implications of when the sentencing will happen, what it will look like and how it complicates his path to return to the...
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May 5, 2024
05/24
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the u.s. jobs sprint. it's not just the optimism we had in the u.s. equity session on friday and over the course of last week, but something else that could hurt asian equities is what we get in china because we had mainland markets that were shot for the past three sessions last week. golden week holiday of course. and during that period, it was a very good run-up for hong kong stocks in particular actually entering a technical bull market. it seems perhaps we have found a footing for the chinese economy, some science perhaps that consumption is picking up somewhat. really, things seemed a little bit primed for hong kong stocks or chinese stocks looking to ride on hong kong's coattails perhaps in the session later this morning. haidi: one of the other things bloomberg intelligence is looking ahead to is the delay to be held in july. it was supposed to be held by the end of last year and any kind of policy cues from that could see the extension of this optimism that we are finally seeing and i
the u.s. jobs sprint. it's not just the optimism we had in the u.s. equity session on friday and over the course of last week, but something else that could hurt asian equities is what we get in china because we had mainland markets that were shot for the past three sessions last week. golden week holiday of course. and during that period, it was a very good run-up for hong kong stocks in particular actually entering a technical bull market. it seems perhaps we have found a footing for the...
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May 1, 2024
05/24
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two u.s. officials tell nbc news 33-year-old jovokhir attoev of uzbekistan crossed into arizona in february 2022 where he was apprehended and vetted by both customs and border protection and i.c.e. he was not on the u.s. terror watch list and was released into the u.s., those sources tell us, then in may 2023, uzbekistan put out an international attoev was affiliated with isis and wanted there. but it took nearly a year for u.s. officials to figure out the suspected isis member was living freely here in the u.s. u.s. officials tell us dhs made the alarming discovery after reviewing attoev's application for asylum. shortly after they connected the dots, he was arrested in baltimore two weeks ago. former homeland security officials tell us his case raises red flags about the vetting process for migrants after they cross the border. >> should alarm bells be going off here? >> we are in the midst of a really volatile threat environment. any time i see a gap in a system like we are seeing in this c
two u.s. officials tell nbc news 33-year-old jovokhir attoev of uzbekistan crossed into arizona in february 2022 where he was apprehended and vetted by both customs and border protection and i.c.e. he was not on the u.s. terror watch list and was released into the u.s., those sources tell us, then in may 2023, uzbekistan put out an international attoev was affiliated with isis and wanted there. but it took nearly a year for u.s. officials to figure out the suspected isis member was living...
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May 21, 2024
05/24
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. >> the u.s. tariffs are still pretty low, even though they are in the news a lot right now and have been the past few years. the u.s. tariffs are still pretty low. the average is still about 2% to 3%. but now we have these big spikes in key sectors. other countries, their average tariffs can range anywhere from 5% to 25%. some countries like india , a lot of there are will go up to north of 35%. >> who thinks tariffs are a good idea? >> you know, it depends on who is in office. a lot of it is political. i think if you talk to any member of congress or politician or policymaker one- on-one, if it is just the two of you with no cameras around, it is pretty clear that tariffs are a tax on imports, and imports, that is consumers. consumers are also businesses. half of u.s. imports are intermediate inputs like primary goods, raw materials, capital goods, intermediate inputs. things the u.s. manufacturers need to make stuff here. i don't really think there are many people who think a tariff is a good i
. >> the u.s. tariffs are still pretty low, even though they are in the news a lot right now and have been the past few years. the u.s. tariffs are still pretty low. the average is still about 2% to 3%. but now we have these big spikes in key sectors. other countries, their average tariffs can range anywhere from 5% to 25%. some countries like india , a lot of there are will go up to north of 35%. >> who thinks tariffs are a good idea? >> you know, it depends on who is in...
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May 7, 2024
05/24
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the u.s. government to block a new law that it was to force its chinese parent. the move sets up what could be a prolonged core barrel against national security interests. jodi schneider joins us now from washington. this is the first legal challenge we've seen since congress passed the law back in april but just start us off here with some of the details of it. >> what is happening is they say they have no intention of selling tiktok that this is -- they say they have been basically given no due process, that this is not constitutional and that the u.s. needs to rethink this. what happened was there was legislation passed as part of broadvision legislation that funded ukraine and also included this part of the legislation that would require the sale of tiktok on national security grounds or it would be bad in the u.s. starting next january. the biden administration did this on national security concerns. it is really setting up a national security debate against some of these free-speech righ
the u.s. government to block a new law that it was to force its chinese parent. the move sets up what could be a prolonged core barrel against national security interests. jodi schneider joins us now from washington. this is the first legal challenge we've seen since congress passed the law back in april but just start us off here with some of the details of it. >> what is happening is they say they have no intention of selling tiktok that this is -- they say they have been basically...
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May 31, 2024
05/24
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u.s. political landscape ahead of the presidential election. china's factory activity unexpectedly shrinking this month. a warning signal from the case after driving the economic recovery. plus, slides as investors worry about what kind of coalition may end up governing south africa. we got an election update live from johannesburg. and of course, we have a great lineup of guests joining us here this hour at the shangri-la dialogue front in singapore. u.s.-china relations, this on the back of rising geopolitical tensions in the south china sea in the taiwan straits as well, front and center. that handshake expected at 1:00 p.m. local time with the defense chiefs in both u.s. and china are expected to make. what is the significance of that? we will bring your commentary and assessment very shortly. of course, the nsa director will be our guest for an assessment of relations between the two sides. let's get you to markets. it is about weaker than anticipated data out of the u.s.. front and c
u.s. political landscape ahead of the presidential election. china's factory activity unexpectedly shrinking this month. a warning signal from the case after driving the economic recovery. plus, slides as investors worry about what kind of coalition may end up governing south africa. we got an election update live from johannesburg. and of course, we have a great lineup of guests joining us here this hour at the shangri-la dialogue front in singapore. u.s.-china relations, this on the back of...
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May 1, 2024
05/24
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will the u.s. is moved away from negotiating traditional trade agreements, singapore has charged ahead, you've not implemented 27 fta's. within singapore do you think of those is just part of your economic agenda or do you also think about them as part of a foreign policy tool? >> well, i would start off by saying that trade is three times the gdp in singapore. we obviously know the position i will take. i believe in the rules-based trading system. how it was forged by the u.s. coming out of world war ii and has over the decades contributed i think, immensely to international stability, economic growth, allowing countries large and small to repeat efficiencies of scale, productivity, dividends from innovation and someone. i think in our part of the world, seeing how trade has fueled domestic filament, but also regional, even global integration amongst economies. when we talk about foreign policy, domestic support for foreign policy is really important. that is for every country. i think trade has f
will the u.s. is moved away from negotiating traditional trade agreements, singapore has charged ahead, you've not implemented 27 fta's. within singapore do you think of those is just part of your economic agenda or do you also think about them as part of a foreign policy tool? >> well, i would start off by saying that trade is three times the gdp in singapore. we obviously know the position i will take. i believe in the rules-based trading system. how it was forged by the u.s. coming out...
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May 24, 2024
05/24
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of the u.s. chamber of commerce, business leaders and executives of u.s. corporations, ladies and gentlemen, on behalf of my delegation i thank you for the excellent work they have put into the preparation of this breakfast meeting. i'm delighted to have this opportunity to share with you various opportunities to leverage the strongin during and dynamic -- strong, enduring kenya and u.s. relationship and further enhance the partnerships between our business communities. this gathering comes just a month after the summit of 2024 in inside robbie. at -- nairobi. in that summit many of the entrepreneurs i see had a platform to collect and and interact with their counterparts in africa. this want gives us yet another chance to reflect on the outcomes of the nairobi summit and deliver in the way by which we can inject momentum into the bilateral trade and mac mac use them. we had a number of government to government and government to business deals and while additional agreements were unveiled earlier
of the u.s. chamber of commerce, business leaders and executives of u.s. corporations, ladies and gentlemen, on behalf of my delegation i thank you for the excellent work they have put into the preparation of this breakfast meeting. i'm delighted to have this opportunity to share with you various opportunities to leverage the strongin during and dynamic -- strong, enduring kenya and u.s. relationship and further enhance the partnerships between our business communities. this gathering comes...
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May 27, 2024
05/24
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the u.s. seeks to cut its access off to cutting edge tech. annabell: tensions rationing higher in the middle east as israel calls a deadly airstrike on a gazan refugee camp a tragic mistake. haidi: take a look at how we are setting up. a pretty slow start to the week when you consider we have had u.s. markets on a holiday. a number still not trading but this is the picture as we set up in asia. sidney stocks up .1% when it comes to futures. muted gains. could see a boost. some of the other china related assets look more muted. huge tranches of global inflation readings. the u.s. cpi gauge will affect market expectations for the fed. chicago nikkei futures up .5%. a little upside in hong kong. shanghai futures are on the rise. annabelle: as you say, not a lead-in from the u.s. because the markets are shut for memorial day. in the european session, we saw shares edging higher. you put that in combination with the signaling in asian equities. if you see a bit of upside potential coming through, m
the u.s. seeks to cut its access off to cutting edge tech. annabell: tensions rationing higher in the middle east as israel calls a deadly airstrike on a gazan refugee camp a tragic mistake. haidi: take a look at how we are setting up. a pretty slow start to the week when you consider we have had u.s. markets on a holiday. a number still not trading but this is the picture as we set up in asia. sidney stocks up .1% when it comes to futures. muted gains. could see a boost. some of the other...
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May 7, 2024
05/24
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and u.s. officials say there are growing fears china could use smart car technology to spy on american drivers. >> what did you make of the biden administration opening an investigation into smart car technology because of national security concerns that this technology was coming from china? >> i don't understand. there is no data like to prove that. >> you think national security concerns are overblown? >> overblown. oversensitive. and misleading. >> reporter: byd alone is producing more than 3 million cars a year, with capacity for more. and few signs of slowing down. janis mackey frayer, nbc news, shenzhen. >>> when we come back, extreme makeover, battleship edition. inside the country's most decorated warship like you've never seen it before. inside the country's most decorated warship like you've never seen it before. i just gave birth. i was under a lot of stress. i started taking nutrafol. we test our formulations with the highest rigor of clinical trials and we're the number one derma
and u.s. officials say there are growing fears china could use smart car technology to spy on american drivers. >> what did you make of the biden administration opening an investigation into smart car technology because of national security concerns that this technology was coming from china? >> i don't understand. there is no data like to prove that. >> you think national security concerns are overblown? >> overblown. oversensitive. and misleading. >> reporter:...
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May 19, 2024
05/24
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so they are abroad. >> let's switch over to the u.s. we sell numbers about the u.s. federal deficit. you are concerned as well but people are always concerned as is something finally coming home to roost. >> at tickets much worse now and you can measure that in terms of the national debt as a percentage of gdp so it has gone up and it's doubled as a percentage of gdp sense i first started harping on this in 1990, what that means the government is taking more than its share in doing it through taxation and through debt in both of those hurt small businesses it's a crowding out getting more and more intense and also goes into the regulatory as the government gets more and more money what they do is pop it into people that will write regulations to regulate businesses to make them get more of their money to the government and i think were in a dangerous spiral right now. >> you said changes needed in washington but the stock market hit a new high and inflation is cooling and employment strong, what's not to like about that. >> be careful on the stock market, often times
so they are abroad. >> let's switch over to the u.s. we sell numbers about the u.s. federal deficit. you are concerned as well but people are always concerned as is something finally coming home to roost. >> at tickets much worse now and you can measure that in terms of the national debt as a percentage of gdp so it has gone up and it's doubled as a percentage of gdp sense i first started harping on this in 1990, what that means the government is taking more than its share in doing...
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May 13, 2024
05/24
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the u.s. cpi numbers. asia stocks are treading water. although we are seeing a bump up on the hang seng. keeping in ai on the offshore you on as it moves toward the 724. in keeping in ai on the japanese currency, along with jgb's. we got the boj in today's purchase, reducing the number of bonds for five to 10 year. this, as some say, a test balloon for scaling back its bond purchases. take a look at the data out of china. this is a broad measure of credit. it has declined for the first time since 2017. this is when the data first started being -- the concern here is the pboc's ample liquidity that the household firms are not biting, adding to the list of concerns related to china. paul: thanks very much. staying on china. bloomberg has learned beijing plans to start the sale of one trillion yuan and ultra long bonds that will begin friday. an economist joins us with more. $140 billion, sounds are in you on. what is the money going to be used for, and is the demand there to soak this up? david:
the u.s. cpi numbers. asia stocks are treading water. although we are seeing a bump up on the hang seng. keeping in ai on the offshore you on as it moves toward the 724. in keeping in ai on the japanese currency, along with jgb's. we got the boj in today's purchase, reducing the number of bonds for five to 10 year. this, as some say, a test balloon for scaling back its bond purchases. take a look at the data out of china. this is a broad measure of credit. it has declined for the first time...
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May 1, 2024
05/24
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u.s. futures currently flat after the losses of 1.6% on the s&p yesterday, the worst drop since january. the dollar strengthening. again, concerned leading up to the meeting on the stickiness of inflation. u.s. futures as i mentioned currently flat. u.s. futures flat. the u.k., one of the few markets in the region that is open today. nasdaq futures pointing lower by .3% despite the decent numbers that came through from amazon with a focus on aws, the cloud part of the business with the ai component. let's flip the board. the two-year yield back above 5%. the dollar strengthening again. and the wrecking ball of the u.s. dollar and in concern and pressure many global fx and currencies. two-year back above 5%. in the oil space you saw a drop in brent prices of 1% yesterday. of course the focus on the talks around a potential cease-fire in gaza. that is all factoring into the oil space. brent down. bitcoin had a terrible month, falling 16%, the biggest drop monthly since the collapse of ftx on
u.s. futures currently flat after the losses of 1.6% on the s&p yesterday, the worst drop since january. the dollar strengthening. again, concerned leading up to the meeting on the stickiness of inflation. u.s. futures as i mentioned currently flat. u.s. futures flat. the u.k., one of the few markets in the region that is open today. nasdaq futures pointing lower by .3% despite the decent numbers that came through from amazon with a focus on aws, the cloud part of the business with the ai...
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May 21, 2024
05/24
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u.s. shell entities, i'm sorry to say. in 2021, treasury secretary yellen's head, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states.". yes, the u.s. has allowed cartels, terrorist groups, rogue states, chinese money- laundering organizations to use phony u.s. shell corporations and their illicit schemes. these shell companies may exist only on paper, but they enable deadly threats to americans lives and security. nearly 108,000 americans died of overdose in 2022, according to the cdc. 436 were rhode islanders. the death of those 436 people ripples across my small state in a tide of heartbreak. fentanyl and other synthetic opioids are behind many of these deaths. fentanyl's death toll was the direct result of shell corporations. shell corporations that hide the delivery of precursor chemicals and shell corporations that hide the profits from sales. what doj indictment last year design a network of shell companies in wyoming to lau
u.s. shell entities, i'm sorry to say. in 2021, treasury secretary yellen's head, there's a good argument that the best place to hide and launder ill-gotten gains is actually the united states.". yes, the u.s. has allowed cartels, terrorist groups, rogue states, chinese money- laundering organizations to use phony u.s. shell corporations and their illicit schemes. these shell companies may exist only on paper, but they enable deadly threats to americans lives and security. nearly 108,000...
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May 14, 2024
05/24
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cvs, the u.s. doesn't buy a lot of chinese ev's but there will be trade diversion of chinese exports to other places. whether that is south america, europe, you are already seeing south american companies -- countries putting tariffs on chinese goods. will there be a trade reaction from other countries as u.s. actions cause a reshuffling of where goods are traded around the world? this is an effect from china. tom: that is interesting. it is a trend that we will watch. how do you think about characterizing this? is this a new normal or a step up in tensions, or the start of a new trade war between the two powers? james: i think the new normal, this is the new normal of increasingly separated trade blocs. the u.s. is setting up a system where they have created a defensive wall around the sectors. they identified as strategic. so chinese goods are limited in how much they can sell into those. you see that in solar panels and ev's, batteries where the trend is over the next few years, rules will mean
cvs, the u.s. doesn't buy a lot of chinese ev's but there will be trade diversion of chinese exports to other places. whether that is south america, europe, you are already seeing south american companies -- countries putting tariffs on chinese goods. will there be a trade reaction from other countries as u.s. actions cause a reshuffling of where goods are traded around the world? this is an effect from china. tom: that is interesting. it is a trend that we will watch. how do you think about...
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May 8, 2024
05/24
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. >>> u.s. secretary of state antony blinken spoke about the 75th anniversary of the north atlantic treaty organization, nato. along with jerry general and u.s. ambassadors julian smith. it's about 20 minutes. >> we do have three very special announcements. first, during this anniversary year, the u.s. mission will be renaming its executive conference room after madeleine albright, are 64 secretary of state. many of you knew her. i know you did. and the first woman to ever serve in that role in the united states. as many of you know, secretary albright played a crucial role in advocating for nato enlargement, leading to the inclusion of several central and eastern european countries. she also championed nato's involvement in conflict resolution and peacekeeping efforts, particularly during the balkan wars of the 1990s. albright's diplomatic finesse and strategic vision strengthened nato's role as a cornerstone of transatlantic security cooperation and it is so fitting that we honor her tonight.
. >>> u.s. secretary of state antony blinken spoke about the 75th anniversary of the north atlantic treaty organization, nato. along with jerry general and u.s. ambassadors julian smith. it's about 20 minutes. >> we do have three very special announcements. first, during this anniversary year, the u.s. mission will be renaming its executive conference room after madeleine albright, are 64 secretary of state. many of you knew her. i know you did. and the first woman to ever serve...
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May 24, 2024
05/24
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u.s. business to disperse about on the fed holding interest rates until at least december. sec approves trade products tied to ether, opening the door for a spot etf, and we are live at the g7 finance meeting in italy where ukraine's allies are wrestling over a deal to use frozen russian assets to support kyiv. we will be speaking to a secretary-general later this hour. let's check in on these markets, global stocks at bonds up for weekly declines. the good news on the data front, bad news for the markets team is a back with u.s. activity data. composite pmi, services, and manufacturing strengthening the most, composite and about two years. that led to a selloff on wall street. european futures, a losses of point five of 1%. consumer confidence picking up for a second consecutive month in the u.k. losses across the ftse 100. s&p futures looking to modest gains after losses of yesterday. nvidia was the bright spot yesterday across the u.s. equity space with gains around 9%. let's have a loo
u.s. business to disperse about on the fed holding interest rates until at least december. sec approves trade products tied to ether, opening the door for a spot etf, and we are live at the g7 finance meeting in italy where ukraine's allies are wrestling over a deal to use frozen russian assets to support kyiv. we will be speaking to a secretary-general later this hour. let's check in on these markets, global stocks at bonds up for weekly declines. the good news on the data front, bad news for...
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May 15, 2024
05/24
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the u.s. has weighed in on gege's new law with the white house press secretary saying, we have been outspoken about our concerns with the legislation, which runs counter to democratic values, adding that, if this legislation passes, it will compel us to fundamentally reassess our relationship with georgia. the former u.s. ambassador to georgia served in that post from 2015-2018. thank you for being with us. supporters say this is about preventing outside influence on politics and others say it will clampdown on dissent. what is your view? >> my view is that it is a tool that the georgian dream ruling party wants to have in order to suppress opposition. of course, the russian federation did pass a similar law in 2012, which they did used to not only suppress the opposition but destroy it or force it overseas. the vast majority of georgians want to see georgia join the eu, join the west, as your correspondent said. this law, in addition to other movements by georgia in the past couple of years,
the u.s. has weighed in on gege's new law with the white house press secretary saying, we have been outspoken about our concerns with the legislation, which runs counter to democratic values, adding that, if this legislation passes, it will compel us to fundamentally reassess our relationship with georgia. the former u.s. ambassador to georgia served in that post from 2015-2018. thank you for being with us. supporters say this is about preventing outside influence on politics and others say it...
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May 21, 2024
05/24
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u.s.-european economic alliance saying it was critical to maintain stability. her remarks are about half an hour. >> i remain grateful to the frankfurt school for awarding me this honorary doctorate and today's program and i would like to thank the professors and minister for overwhelmingly kind words. thank you to all of you in the audience today, students, faculty and many others. as the professor described, i began my career as an academic and i greatly appreciate the opportunity to speak to those who were committed to thinking deeply and whose ideas shape policy. and that is the case here. the frank further school has, for decades, focused on putting ideas into practice such as through your partnership with the united nations environment program. and i understand this is also an institution that very much rooted here in germany is internationally oriented as well with students from five continents and nearly 100 countries. so i'm enormously honored to receive this degree. and i also be
u.s.-european economic alliance saying it was critical to maintain stability. her remarks are about half an hour. >> i remain grateful to the frankfurt school for awarding me this honorary doctorate and today's program and i would like to thank the professors and minister for overwhelmingly kind words. thank you to all of you in the audience today, students, faculty and many others. as the professor described, i began my career as an academic and i greatly appreciate the opportunity to...
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now, the president says the u.s. will continue to provide for israel's defense, even as he threatens to halt sending offensive weapons to them. and tonight, those cease-fire talks are now stalled. the sticking point is rafah. israel insisting it cease-fire in rafah. >> david: mary, thank you. >>> tonight, in senegal, a boeing 737 crashing during takeoff. passengers using emergency slides to escape amid the flaps. some with critical injuries tonight. here's our foreign correspondent james longman now. >> reporter: tonight, terrifying images of passengers fleeing a burning plane that crashed during its takeoff run in dakar, senegal. the boeing 737 air senegal charter hurtling down the runway but skidding onto the grass before it could lift off. frightened passengers then jumping down emergency slides as the fire burned. of the 85 people on board, ten were hurt, with four suffering life-threatening injuries. the plane's wing and engine badly damaged. it's not clear yet what may have triggered the accident. it comes a da
now, the president says the u.s. will continue to provide for israel's defense, even as he threatens to halt sending offensive weapons to them. and tonight, those cease-fire talks are now stalled. the sticking point is rafah. israel insisting it cease-fire in rafah. >> david: mary, thank you. >>> tonight, in senegal, a boeing 737 crashing during takeoff. passengers using emergency slides to escape amid the flaps. some with critical injuries tonight. here's our foreign...
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May 16, 2024
05/24
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the u.s. cpi data, still questionable in terms of inflationary pressures in the core core. is it surprising that we are seeing a reassessment of their reality check now? burns: it is not terribly surprising. we have been in this mode for the last couple of years where the equity markets are continuously trading raised on what the inflation data is because of the fact that might determine fed interest-rate policy going forward. the cpi print this week and the u.s. did seem to deflate the notion or their narrative that maybe we might have a real acceleration of inflation. -- a re-acceleration of inflation. jay powell and the fed have said there is probably -- rates may be higher for longer but at the same time, they are more likely to cut rates at this time at some point this year rather than raise them. they are in the sweet spot. they have time to be patient in spite of the fact that interest rate policy -- they started hiking rates two years ago. despite that, unemployment in the u.s. has bee
the u.s. cpi data, still questionable in terms of inflationary pressures in the core core. is it surprising that we are seeing a reassessment of their reality check now? burns: it is not terribly surprising. we have been in this mode for the last couple of years where the equity markets are continuously trading raised on what the inflation data is because of the fact that might determine fed interest-rate policy going forward. the cpi print this week and the u.s. did seem to deflate the notion...
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May 2, 2024
05/24
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and a lot of people in the u.s. government, u.s. companies are worried about supply chain risk, including geopolitical risk. we have the trade agreement with mexico. that is something to advance friend-shoring. how do you think about this trend? >> thank you. i think that we are true believers of trade in mexico. we just became the number one partner of the u.s. last year. about $800 billion in trade. if we are partner number one of the u.s., that means an incredible effort in both countries in order -- this trend. last year also mexico received the most important foreign investment -- direct shoring investment in its history. what is interesting is that many of the companies in mexico, besides -- is they are looking for human capital. if you look there speak with the people of tesla, they say that they found out that they would have -- in mexico that will work. that was one of the most important efforts to stop that investment. another thing i can say is that when mexico exports, we have 40% of u.s. previous imports. when mexico ex
and a lot of people in the u.s. government, u.s. companies are worried about supply chain risk, including geopolitical risk. we have the trade agreement with mexico. that is something to advance friend-shoring. how do you think about this trend? >> thank you. i think that we are true believers of trade in mexico. we just became the number one partner of the u.s. last year. about $800 billion in trade. if we are partner number one of the u.s., that means an incredible effort in both...
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May 13, 2024
05/24
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CNBC
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the u.s. inflation print later on this week just to note, investors keeping an eye on that with travel and leisure stocks picking up 0.5% most of the sectors managing to find green positivity is what you get from the overall market picture we will zone in on the sectors now. this is what you are getting from the boards. this is where you see the gains. the ftse 100 is still firmly above 8,000. in fact, headed for 8,500. still record territory across that territory french and german markets around the flat line. the ibex 35 is seeing slight gains so far on to the sectors, this is what is moving things along travel and leisure stocks with marginal gains there now that's faded a little bit. you see autos managing to gain .75%. healthcare is up as well retail stocks on the fold with the earnings later this week construction and materials we focus on which one of those is managing to move higher later on construction and materials are .50% higher. basic resources with m&a news out of the basic reso
the u.s. inflation print later on this week just to note, investors keeping an eye on that with travel and leisure stocks picking up 0.5% most of the sectors managing to find green positivity is what you get from the overall market picture we will zone in on the sectors now. this is what you are getting from the boards. this is where you see the gains. the ftse 100 is still firmly above 8,000. in fact, headed for 8,500. still record territory across that territory french and german markets...
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May 3, 2024
05/24
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the u.s. government should be working to bring these americans home and this incentivize the wrongful attention of americans in the future by state actors or nonstate actors for this means congress must play an important role in conjunction with the executive branch. a start in 2020 codifying the work of both president obama and president trump, however, more should be done. first, no country or nonstate actors should be able to take an american with impunity, period, these instances should be punished, and they should be a focal point of foreign policy. it should be at the top of every bilateral or diplomatic meeting or negotiation with countries at hand that americans be released before we start that conversation. finally, transparency and mitigation with the families must continue to improve. that is what i'm committed to come with us will congress is committed to, that is why i appreciate chairman mccall and chairman mast putting together this roundtable. i yield back. rep. mast: thank you
the u.s. government should be working to bring these americans home and this incentivize the wrongful attention of americans in the future by state actors or nonstate actors for this means congress must play an important role in conjunction with the executive branch. a start in 2020 codifying the work of both president obama and president trump, however, more should be done. first, no country or nonstate actors should be able to take an american with impunity, period, these instances should be...
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May 23, 2024
05/24
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it's important for the u.s. to strengthen their footprint on the african continent at the very moment when the polls the t shows that the u.s. has lost their leadership position in africa's heart -- in africans hearts. the chinese now surpassed the united states and russia is growing and growing and recorded the biggest and highest increase inrity among the global powers on the african continent. what are t concerns with you is losing their presence there and t countries, specifically china and russia? guest: kenya is supposed to be a tr forhe u.s. and that's where the polls are the most hard. it was important for president biwh promised travel to the continent unliks predecessor who did not. there is many hotspots on the afn e u.s. has experienced a bad situation. for example in nig, the u.s. military and troops have been asked to leave the country. st important military debate in the region. u.s. to be therek in some way we visits. a lot is going on today. there is an important meeting on hoe and congress. eve
it's important for the u.s. to strengthen their footprint on the african continent at the very moment when the polls the t shows that the u.s. has lost their leadership position in africa's heart -- in africans hearts. the chinese now surpassed the united states and russia is growing and growing and recorded the biggest and highest increase inrity among the global powers on the african continent. what are t concerns with you is losing their presence there and t countries, specifically china and...
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May 12, 2024
05/24
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if we are going to compete, the u.s. government needs of the top tech talent that there is, and it is why, for example, i am wasting money for the artificial intelligence safety institute. if we are going to know what is going on at the cutting edge of ai, i need the best science is that there are. so, yes, i worry about it. that being said, i am proud of our track record. we just recruited someone from openai to coming to work for us. the chips seem is run by some of the best semiconductor professionals in the industry, so it is a daily challenge. it is why we are requesting funding, but i would say i have been very impressed with the quality of people we have been able to get. >> speaking of ai, what specific investments are you proposing? sec. raimondo: in ai, we are asking for funds for the ai safety institute, which is to create standards for ai. everyone including myself is worried about synthetic content, so we want companies to watermark ai content. what is adequate watermarking? we will build the team to develop
if we are going to compete, the u.s. government needs of the top tech talent that there is, and it is why, for example, i am wasting money for the artificial intelligence safety institute. if we are going to know what is going on at the cutting edge of ai, i need the best science is that there are. so, yes, i worry about it. that being said, i am proud of our track record. we just recruited someone from openai to coming to work for us. the chips seem is run by some of the best semiconductor...
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May 30, 2024
05/24
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where this really started to hit home in the u.s. and i think it is the same overseas is the impact on local communities. in and taking over a hotel or a condominium complex, the -- the african-american and black community saying why will our tax collars -- why will our tax dollars benefit those just coming here? that is an america first approach. i was in yuma, arizona on the border recently.we talked aboutl system when they had the flood a year ago. their citizens cannot get hospital service. drive 100 miles away because of the influx of illegal immigrants. there is a lot of impact on local communities and that is a different way to look at. you can talk about the illegal activity. i'm concerned on the national security threat. that is what we should be concerned about. some people it does not hit them every day. what does impact them are things they are seeing in their communities. dave: the -- are you bullish on the united states ability to deal with this even if the federal government will not do anything -- that the states -- f
where this really started to hit home in the u.s. and i think it is the same overseas is the impact on local communities. in and taking over a hotel or a condominium complex, the -- the african-american and black community saying why will our tax collars -- why will our tax dollars benefit those just coming here? that is an america first approach. i was in yuma, arizona on the border recently.we talked aboutl system when they had the flood a year ago. their citizens cannot get hospital service....
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May 15, 2024
05/24
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we are on the eve of the u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation battle being won? annabelle: certainly could complicate the picture for the rba moving forward. we have the opens of japan and australian. south korea shut today for a public holiday as is hong kong. japan coming online this morning and we are in the thick of earnings season for japanese companies. lots of different announcements last week and this week. to
we are on the eve of the u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation...
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May 25, 2024
05/24
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it has about 50% market share in the u.s. when general motors first saw those toyota cars coming into their market, they had about 50% market share. so toyota -- excuse me, tesla has the most to lose, it's clear as day. and they need to do the same thing. they basically have two popular models, the 3 and the y, and they basically said we're selling so many cars, i don't need a small car. then byd comes along, growth claps and and now they're try finish collapses, and and now they're trying to accelerate their small car. today need a full product lineup that people want. jack: while china could slap tariffs on tesla, they're a little less vulnerable because they actually build things in china. >> yeah. it's more about general business climate for american businesses in china and, you know, americans and chinese aren't getting along so well, so that's the risk. jack: thanks, al. teresa and ben have a pair of investment ideas, and jack's goin (♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place.
it has about 50% market share in the u.s. when general motors first saw those toyota cars coming into their market, they had about 50% market share. so toyota -- excuse me, tesla has the most to lose, it's clear as day. and they need to do the same thing. they basically have two popular models, the 3 and the y, and they basically said we're selling so many cars, i don't need a small car. then byd comes along, growth claps and and now they're try finish collapses, and and now they're trying to...
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May 18, 2024
05/24
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the u.s. military confirms the first deliveries of aid have arrived into gaza via temporary floating pier. president biden makes an appeal to black voters on the 17th anniversary of the landmark civil rights-era ruling that desegregated u.s. schools. hello, and welcome to "world news america." i'm caitrÍona perry. three israeli hostages taken captive by hamas october 7 have been found dead in gaza. israeli forces recover the bodies of itzhak gelerenter, amit buskila, and shani louk on friday. shani louk was confirmed dead at the end of october. the israeli army believes all three were killed at the nova music festival. they were among more than 250 hospitals taken -- hostages taken into gaza, of which roughly half are still unaccounted for. the idf expressed condolences to the victims' families. >> our hearts go out to them, to the families, at this difficult time. we will leave no stone unturned. will do everything in our power to find our hostages and bring them home. we will not rest until
the u.s. military confirms the first deliveries of aid have arrived into gaza via temporary floating pier. president biden makes an appeal to black voters on the 17th anniversary of the landmark civil rights-era ruling that desegregated u.s. schools. hello, and welcome to "world news america." i'm caitrÍona perry. three israeli hostages taken captive by hamas october 7 have been found dead in gaza. israeli forces recover the bodies of itzhak gelerenter, amit buskila, and shani louk...
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May 9, 2024
05/24
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give u.s. some more context on those blunt, and very important comments from president of biden that we just heard. what message is the biden administration sending to the israeli government well, if i think think these are very significant comments and could represent a major shift in the level of u.s. >> support for israel. you could hear the frustration and president biden's voice there about how is it? israel has carried out their campaign in gaza. what they may have, what they may intend to do and rafah, he said, it is just wrong. so i think the message from the united states tonight could not be clear. if you are going to go into rafah, into those population centers we are going to cut you off and he specified the kinds of weaponry that could be cut off from israel those large bombs that are dropped from the sky, the artillery he also talked about the administration has mentioned today that shipment that was held up in the past few days secretary of state lloyd austin, secretary defense,
give u.s. some more context on those blunt, and very important comments from president of biden that we just heard. what message is the biden administration sending to the israeli government well, if i think think these are very significant comments and could represent a major shift in the level of u.s. >> support for israel. you could hear the frustration and president biden's voice there about how is it? israel has carried out their campaign in gaza. what they may have, what they may...
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May 21, 2024
05/24
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KGO
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her father, u.s. army captain gregory rice, deployed overseas for nine months, missing out on his daughter's entire kindergarten year. >> hey, alina, it's daddy. >> david: captain rice, a single father, sending her videos while serving overseas while she was back home, living with her grandparents. >> good morning. it's daddy. just wanted to say i love you. >> david: that father serving his country, constantly checking in on his daughter. >> i got these wonderful letters from you today. and i really appreciate it. and i also got this wonderful school picture. you look beautiful in this picture. and i'm really proud of you. >> david: and tonight here, this is her father, captain rice, checking in with us while on his way home. >> hi, david. welcome to fort stewart, georgia, home of the third infantry division. our soldiers have just returned from a nine-month deployment to eastern europe. >> david: we were in on it. he was trying to make it to graduation in time. >> hey, david. so ready for this surpri
her father, u.s. army captain gregory rice, deployed overseas for nine months, missing out on his daughter's entire kindergarten year. >> hey, alina, it's daddy. >> david: captain rice, a single father, sending her videos while serving overseas while she was back home, living with her grandparents. >> good morning. it's daddy. just wanted to say i love you. >> david: that father serving his country, constantly checking in on his daughter. >> i got these wonderful...
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May 11, 2024
05/24
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u.s. government and the south korean government have commemorated commemorate in this occasion is primarily through the military aspects. so a celebration of the u.s. south korea alliance, a celebration of the mutual treaty and the sacrifices of the service members, the veterans, and also to be forward looking a celebration of the the future of the alliance, the enhancement of military defense and deterrence capabilities, and those are all things that need to be commemorate and celebrated. but what i think is also over is overlook is the importance diplomacy. right? because recall that the two militant, the military commanders of the two sides used diploma si during the war to end hostilities are hostilities that had millions of casualties. the two military sides use diplomacy to end the war right. that should be noted. it should also be noted that in the armistice agreement that the two military sides recommended a political conference to settle the korean question the issue of unificatio
u.s. government and the south korean government have commemorated commemorate in this occasion is primarily through the military aspects. so a celebration of the u.s. south korea alliance, a celebration of the mutual treaty and the sacrifices of the service members, the veterans, and also to be forward looking a celebration of the the future of the alliance, the enhancement of military defense and deterrence capabilities, and those are all things that need to be commemorate and celebrated. but...
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May 8, 2024
05/24
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the u.s. dollar. we will do a deep dive on the japanese yen in a minute. a challenge once again in terms of the emfx space. 4.83, two-year, brent $82 a barrel, down 0.6%. we keep an eye on the stockpile buildout in the u.s. and geopolitics. $82 a barrel on brent, gold at 2318, a little puff for the yellow metal. let's cross over to avril hong standing by with the earnings story in singapore. what are you looking at this morning? >> just what you just outlined there, as we see that winning streak of four straight sessions being snapped, tracking wall street performance, the declines being led by the nikkei, as it slumped about 1.7% at one point. this was no thanks to the declines in tech stocks, but also as the focus shifted towards the earnings, as we had the automating document -- auto making giant toyota reporting. the sector is declining. the numbers show the miss on the outlook for the full year. this is no thanks to the production cuts related to the safety scandal. the stock slumped as m
the u.s. dollar. we will do a deep dive on the japanese yen in a minute. a challenge once again in terms of the emfx space. 4.83, two-year, brent $82 a barrel, down 0.6%. we keep an eye on the stockpile buildout in the u.s. and geopolitics. $82 a barrel on brent, gold at 2318, a little puff for the yellow metal. let's cross over to avril hong standing by with the earnings story in singapore. what are you looking at this morning? >> just what you just outlined there, as we see that winning...
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May 22, 2024
05/24
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u.s. rate cuts as chris wallace says he needs several months of strong data. >> in the absence of weakening, i need to see several more months of data. before i would feel comfortable supporting easing. tom: ok. let's bring in bloomberg's jill. you can answer this question and then the markets can sit back. how likely are officials to see that trend that they need? jill: it will be difficult. i did think that out of the fed speak, those comments were telling in terms of throwing cold water on some rate cut that's. not difficult to see why the markets reacted. even more specific saying three or five months of data is what he needs to kind of gauge when they can cut rates. end really, a market that last week saw inflation data for april, cooling and then the key gauge in six months, that is where we trend toward maybe two rate cuts, the idea of the fed needs to see consistency given how sticky inflation is. car insurance, sheltering continues to be a big piece of the puzzle. the idea of spec
u.s. rate cuts as chris wallace says he needs several months of strong data. >> in the absence of weakening, i need to see several more months of data. before i would feel comfortable supporting easing. tom: ok. let's bring in bloomberg's jill. you can answer this question and then the markets can sit back. how likely are officials to see that trend that they need? jill: it will be difficult. i did think that out of the fed speak, those comments were telling in terms of throwing cold...
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May 9, 2024
05/24
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year, the u.s. mission will be renaming its executive conference room after madeleine albright, our 64th secretary of state. many of you knew her. i know you did. and the first woman to ever serve in that role in the united states. now, as many of you know, secretary albright played a crucial role in advocating for nato enlargement, leading to the inclusion of several central and eastern european countries. she also championed nato's involvement in conflict resolution and peacekeeping efforts, particularly during the balkan wars of the 1990's. albright's diplomatic success and strategic vision strengthened nato's role as a cornerstone of transatlantic security cooperation and it is so fitting that we honor her tonight, particularly with so many of my u.s. colleagues here that had a very close and special relationship with secretary albright, including secretary blinken and former colleagues jim o'brien, jamie reuben and suzy george among others. second, i'd like to draw your attention to a very uniq
year, the u.s. mission will be renaming its executive conference room after madeleine albright, our 64th secretary of state. many of you knew her. i know you did. and the first woman to ever serve in that role in the united states. now, as many of you know, secretary albright played a crucial role in advocating for nato enlargement, leading to the inclusion of several central and eastern european countries. she also championed nato's involvement in conflict resolution and peacekeeping efforts,...
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May 15, 2024
05/24
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u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation battle being won? annabelle: certainly could complicate the picture for the rba moving forward. we have the opens of japan and australian. south korea shut today for a public holiday as is hong kong. japan coming online this morning and we are in the thick of earnings season for japanese companies. lots of different announcements last week and this week. today the focus is very much on the japanese financial companies because we have the likes of mitsubishi and more, all releasing their numbers. nomura also one we are tracking
u.s. inflation print but traders seem to be interpreting it as a risk-on event. haidi: particularly after producer prices showed stickier inflation. we heard commentary from jay powell suggesting higher for longer is still where the narrative is. this kind of push and pull between fiscal and monetary policy is present here in australia with this budget that delivers subsidies to just about every household how is that going to potentially translate into that inflation battle being won?...
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May 14, 2024
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the u.s. hypocritical. >> the united states is trampling on the principles of market economy and international trade rules. it is a blatant act of bullying and hegemony. >> but biden is arguing china is far worse, a global trade manipulator. >> we will not let china flood our market. >> biden means the electric vehicle industry. china is overwhelming some world markets come a selling electric vehicles with a sicker price as low as $11,000. the chinese state is making up the difference, artificially slicing prices. europeans charge it may be illegal. in 2020, biden once said he would and previous chinese tariffs, but is expanding them while battling a political opponent who is aggressive on tariffs. trump spoke in new york today. his speeches have long focused on chinese manufacturing as a threat. both campaigns want to win in critical rust belt states. trump wants much wider tariffs and tries to downplay biden's plan. >> as he's putting a 100% tariff on all chinese electric vehicles. should ha
the u.s. hypocritical. >> the united states is trampling on the principles of market economy and international trade rules. it is a blatant act of bullying and hegemony. >> but biden is arguing china is far worse, a global trade manipulator. >> we will not let china flood our market. >> biden means the electric vehicle industry. china is overwhelming some world markets come a selling electric vehicles with a sicker price as low as $11,000. the chinese state is making up...
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May 10, 2024
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s u.s. state department report criticizes israel's conduct in gaza but stopped short of recommending the u.s. holt weapon supplies. russian forces launch a surprise attack on ukrainian territory. in a bid to tackle immigration at the southern u.s. border, the biden administration introduces new rules to speed up certain deportations. ♪ welcome to world news america. we begin with breaking news. the u.s. has released a report to congress finding israel may have used american supplied weapons in breach of international humanitarian law in some instances during the war in gaza. the document says the u.s. government does not have complete information to verify its assessment. it also says this by israel not fully cooperating with u.s. efforts to get humanitarian aid into gaza, it does not currently assess israel is prohibiting or restricting the transport of aid supplies. the report culminates a difficult week for u.s. israel relations. president biden saying the u.s. could suspend certain arm
s u.s. state department report criticizes israel's conduct in gaza but stopped short of recommending the u.s. holt weapon supplies. russian forces launch a surprise attack on ukrainian territory. in a bid to tackle immigration at the southern u.s. border, the biden administration introduces new rules to speed up certain deportations. ♪ welcome to world news america. we begin with breaking news. the u.s. has released a report to congress finding israel may have used american supplied weapons...
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May 22, 2024
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u.s. and europe share a commitment to democratic values from individual liberty to the rule of law and from our response to the cold war to our response to russia's invasion of ukraine, we h for our citizens can live inng them free asse the benefits that brings. our alliance has bee critical to global peace and security. for decades, its strength has deterred those like otherwise who pursued aggressive action. we at it's the stability and securit enables us in the u.s., germany and throughou much of europe to live largely without of widespread conflict close to home and inve and plan for the future. our strong partnership has also brought tremendous economic benefits, not just indirectly from the security, but directly from trade and investment. the u.s. and e.u. are each other's largest trade and investment partners with two-way trade in goods a services totalling $1.4 trillion and combined foreign investment lling over $5 trillion. mi i germany, spain and the u.k. are one of countless ex
u.s. and europe share a commitment to democratic values from individual liberty to the rule of law and from our response to the cold war to our response to russia's invasion of ukraine, we h for our citizens can live inng them free asse the benefits that brings. our alliance has bee critical to global peace and security. for decades, its strength has deterred those like otherwise who pursued aggressive action. we at it's the stability and securit enables us in the u.s., germany and throughou...