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tv   CNN Newsroom Live  CNN  November 20, 2022 1:00am-2:00am PST

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hello and welcome to our viewers joining us from the united states and all around the world, i'm laila harrak.
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ahead this hour, a historic snowstorm in western new york is closing roads and stranding air passengers, just days before thanksgiving. we're live in the cnn weather center with details. plus, it's the first day of matches at the world cup. the excitement is being overshadowed by an explosive tirade by fifa's president. and letters are being sent out to those approved for u.s. student debt relief, but there is a major catch for anyone counting on getting that help soon. we will tell you why. >> announcer: live from cnn center, this is "cnn newsroom" with laila harrak. people in western new york will be digging out from under even more snow at first light as another round of heavy snowfall is expected to hit the buffalo area overnight and that's on top of the huge storm that came through the region in the past few days. the governor of new york has
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doubled the number of national guard members to check on people and to help with snow removal. nearly 9 million people are under winter alert through sunday. for new york and other states along the great lakes, including wisconsin, michigan, indiana, ohio and pennsylvania. the snowstorm stranded drivers who didn't follow warnings to stay off the roads. about 240 people had to be rescued prompting officials to ask residents to just stay home. >> make sure that you are not the reason why ambulances or fire apparatus or the plows can't get through. the only people that need to be out there are public safety individuals, so stay off the roads. if you are going to be outside you're going to be shoveling, if you're going to be doing some strenuous activity out there because of this heavy snow please know your limitations, better yet know your neighbors or those who can help you or just wait it out. >> let's get more on the forecast from cnn meteorologist
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derek van dam. dramatic snowstorms. >> yeah, those are incredible images we're seeing out of extreme western new york and some of the tellees are coming in from this three-day snow event and i'm showing you buffalo, new york, because so much attention has been brought to that city. they did break a 24-hour daily record on saturday, 21.5 inches of snow. their three-day snowfall total 36.7 inches. that's the second snowiest three-day period in the month of november, but this is by no means the most amount of snow that was experienced across western new york. recall that this band of snow that's created this heavy lake effect has only been about 5 to 10 miles in diameter and it shifts and oscillates depending on the wind direction. it moves south of buffalo for a period of time, set up shop near the orchard park and hamburg region and proved over 6 1/2 feet or nearly 6 1/2 feet. that is incredible amounts of
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snovember. that is back breaking trying to clear it out from your driveway and that is somebody's vehicle. you can imagine the weight on top of homes and businesses. that is a concern. we've seen images of people shoveling snow from their roofs to take that weight off of their structures. we do have still some snow across michigan but i'm going to focus our attention across the downward regions of lake erie and lake ontario, those are the regions that have been hit the hardest with this three-day snowstorm. the wind direction that occurred over the past 24 hours, this is a daily loop, a 24-hour loop. we did see that more southwesterly wind direction bring the heavy snow band into eastern sections of ontario, canada, but that has shifted within the past few hours to morph a westerly direction. watch how this fire hose of heavy snow moved from the north to the south and that's focused its attention on the region just south of erie county where buffalo is located. buffalo saw 5 inches of snow in
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a one-hour period. incredible. now, it's not just buffalo that got hit hard, it's also watertown, jefferson county, impressive snowfall totals exceeding 65 inches in that particular area. so it's all about the wind, we've been talking about that for several days now and it does look like we will see this westerly wind component continue for the coming hours through the day on sunday and that means we're going to focus that heaviest snow band south of buffalo and south of watertown and, in fact, some of that snow could impact portions of cleveland as well as erie. this is the snowfall focus, we're getting hyper local here, but you can see some of the highest snowfall totals, again, just outside of the areas that have been hit hardest lately. the broader perspective shows that amount of snowfall impacting western new york and into northeastern sections of ohio adds yet another pulse of energy moves through, this should be the last of the snow before we kind of wind things down in the days to come, but i will end with this, laila, this is the lake-effect snow band as it basically immersed downtown
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buffalo dropping visibilities to near zero in a matter of minutes. that is a wall of snow. >> incredible footage there. derek van dam, thank you so much. the heavy snowfall affected today's game between the buffalo bills and cleveland browns, it was moved to detroit. the bills shared this video of their stadium where the game had been scheduled to be played. complete blanketed in several feet of snow. but the weather did not dampen the team's spirits or their fans. the team shared another video showing how their neighbors shoveled snow and helped players get to the airport for the game. watch. >> good neighbors. wow. let's go. ♪
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♪ a church parish in mexico is hoping for some divine help in the world cup. the statue of the child of miracles in mexico city has been dressed in the uniform of the mexican national team. people in the church hoping the devotion to god and the game here will result in some extra goals for the home team in qatar. all eyes will be on the pitch on tuesday to see if their prayers are answered and that's when mexico face off against poland. it's less than seven hours from now that qatar will kick off one of the most controversial and highly anticipated world cups in recent
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memory. thousands of people have traveled to doha to witness the tournament which is being held in the arabian peninsula for the first time and despite heavy criticism over the host country's human rights record, the level of excitement remains high. fans have been singing, dancing and jumping for joy as their favorite teams are gearing up to pl play. >> this is the night of the official opening of the fifa fan festival. this place will be the heart of the fifa world cup qatar 2022. we are proud that you are here. we are proud of you. >> over the next few weeks 32 countries will compete for the world title. qatar and ecuador will start things off with the first match of the tournament. on the eve of the opener fifa's president pushed back against criticism of the qatar's
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human rights record. he targeted western critics accusing them of hypocrisy because of their own abuses. he tried to argue that the world cup is inclusive and fifa does not discriminate against anyone. >> today i feel gay. today i feel disabled. today i feel a migrant worker. >> while his remarks have sparked outrage with at least one football official calling his tirade dangerous, cnn's amanda davis and don riddell have the details. >> reporter: so people still trying to digest one of the most controversial fifa press conferences in history ahead of the most controversial world cup in history and that's quite something given the history of this organization. it was at times quite jaw
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dropping from president infantino particularly so quickly following off the back of that letter that he sent to all the competing federations suggesting they should stick to the football, not talk about politics or morality. don riddell was there listening in, watching on. what did you make of it? >> it was extraordinary, wasn't it? and to say that it's the day before the world cup kicks off, i don't think football was really mentioned. he arrived and to say that he was bristling with irritation at the media's coverage of qatar and everything that goes on here would be monumental understatement. he said he was going to talk for a few minutes, maybe 45 minutes with some questions, but he was still going with this monologue after an hour, which was quite incredible. there was a lot of false equivalents, there was a lot of what aboutism and, you know, he
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wasn't furious and angry-angry, but you could just tell he was so annoyed and irritated about everything that's been said. and the thing that i think really surprised people came right off the bad where he said i feel qatari, i feel arabic, and then i feel like i'm a migrant. i feel i'm gay. which of course he's not. he's none of those things. comparing yourself to a migrant when you are in a job that earns millions of dollars every year struck many as being extremely tone deaf. he then kind of tried to suggest that he understood the situation because he was bullied at school because he had red hair and freckles. it seemed as though the whole thing was going completely off the rails and it was very, very strange. of course, this coming on the eve of the tournament where as you say he wants everybody to be talking about the football, he wasn't doing that. he says that qatar can defend itself, come after me, he said, crucify me, he even said.
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don't come after qatar, they can defend themselves, but he seemed to want to be defending them as well. >> it was inflammatory language at a time, wasn't it? and talk of the double standards of the west as he really hit back at that criticism. here we are, don, now after the longest buildup to any world cup in history, sunday is the day the football finally gets under way. qatar the host playing their first ever match at a world cup finals. you suspect that isn't going to stop the controversy. >> joining us from world cup host nation qatar is james montagu he is a journalist and author of "when friday comes." so good to have you with us. i want to ask you first about the fallout and reaction from the fifa president's opening remarks. his comments can caused
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consternation. what did you make of his speech? >> i mean, it was incredible, wasn't it? incredible in the worst possible way. fifa has been under a huge amount of pressure and qatar has been under a huge amount of pressure as well in terms of criticism around the world cup, especially around worker rights, human rights, gay rights, all of which were absolutely legitimate, and you can see -- i mean, to me it looked like he was a man that was really under pressure, he was a man who has had enough of the criticism and he was lashing out at the media. to be honest there was a bit of a donald trump about him, you know, it was almost the more you watched it it was like a car crash. you couldn't really pull away from it, you were rubber necking. i don't think it's a particularly good sign of where fifa is at at the moment because if we are honest when it comes to the issue of this working system which a lot of this exploitation takes place, it was legitimate and a lot of the criticism has helped to push along a reform process.
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so he can rail against the media all he likes, but to be honest they've been an essential component in trying to deal with some of these issues which around the world people find, you know, compelling and important. >> so what sets this world cup apart from all others in the tour tournament's 92-year history? >> it's the middle east's first tournament, arab world's first tournament, first tournament in a muslim country, and those are all historic firsts and they're also something that fifa presidents going back before have been very keen to make happen because fifa was about expanding the game into places which traditionally hadn't held the world cup so we have had south korea and japan and if you remember at that time there was a lot of criticism over that, do these countries have a football culture, which if you look back now is absolutely ridiculous. usa '94 much the same
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conversation was taking place, what do the americans know about soccer. if we look at how mls and the national team are booming that seems like a silly thing to think about. the middle east is a region that has an absolutely on sieve love of football. when i was writing my book "when friday comes" i went to every country in the region and there are matches you wouldn't even think about that don't get any international exposure will you will get 100,000 people at these stadiums, or back in the day before the revolution of egypt you would get 100,000 people there. this is a place that is a hot bed of football, the hot bed of football culture so it was inevitable that at one point it would come to the middle east and qatar was really the only country -- i mean, the uae was another that was possibly considered or possibly considered bidding, but qatar was really the only place that had the resources and the strategic kind of vision to deal with the problems that would
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come up with bidding for a world cup to actually win it. and so now it's here. you know, it is a historic event. >> it is a history event. and you mentioned there the word resources because, you know, it's a lot of money that they had to spend to stage a global event like the world cup, an event that you also pointed out millions of people love and are passionate about around the world. it's a massive undertaking, riddled with pitfalls. how difficult is it to pull off a successful world cup? >> well, it's massive and it's a big -- it's a big deal in a country that has a lot of football infrastructure already in place and of course qatar had almost none of the football infrastructure in place. in 12 years they have had to spend at least 250 million -- sorry, $250 billion to build this stadium, the stadium, built a whole new infrastructure, build everything from scratch.
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>> and as you rightly point out the world cup is never just about the world cup. fifa now projects that a staggering number of people, they say some 5 billion viewers, more than half the world's population will be watching this world cup. what are people's relationship to the world cup and what's your relationship to the world cup? >> i mean, we've all got a relationship with the world cup. i mean, people often ask you what's your favorite world cup? if you really ask everybody and drill down into what that is, it's always the first world cup you can remember and for me it was the 1986 world cup in mexico and, you know, as you can tell from my accent although my family is polish i'm english and i was in england and there is a famous watch in the quarter final when argentina beat england. i remember crying. i was five or six and, you know, that's something that you don't forget. but what was it? what was it? i mean, before the internet. and watching that square of television and this bright
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technicolor kind of window into a world where there are countries you never heard of. like what was iraq? where was iraq? canada? that's a cool flag. it's a complete education in the world and it's football of course and it's your team and you want your team to do well so there's the competitive element of t but it's so much more than that. >> james montagu, thank you so much. a pleasure to talk to you. thank you for this conversation. millions of donald trump's followers are waiting right now to see if the former president is returning to twitter. they signed in droves to follow his account after the platform's new owner elon musk restored his access a few hours ago. mr. musk posted saturday the people have spoken. mr. trump will be reinstated after an online poll showed a majority favored reinstating the account. it was suspended after the january 6th, 2021, attack on the u.s. capitol according to twitter because of the risk of
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further incitement of violence. mr. trump has said he doesn't plan to return to twitter but will continue to use his truth social platform. on saturday mr. trump made his first major appearance before republicans since announcing his third presidential candidacy. appearing virtually before the republican jewish coalition in las vegas the former president received a standing ovation but mr. trump's quest for the nomination faces serious headwinds, not least of which is the special counsel who has taken over two key investigations. cnn legal analyst ellie honing explains how investigators have no time to lose. >> we're already nearly two years out from the january 6 attack, donald trump to his own advantage, to his own tactical advantage has now declared his candidacy. it doesn't mean it's going to be harder to charge him but it certainly is going to be harder to convict him and i think both the attorney general and jack
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smith the newly appointed special counsel have shown that they understand that. both of them went out of their way in their fairly limited public statements to say this will be handled expeditiously, this will not sidetrack this or slow this down and i think they really need to follow up on that. >> cnn legal analyst ellie honing speaking to us earlier. while millions of americans have been approved to have some of their student loans forgiven but the government cannot pay off those debts while the program is being challenged in the courts. cnn's arlette saenz has more. >> reporter: the biden administration started sending emails to those individuals whose student debt relief applications have been approved but it comes with a major caveat as that program remains on hold due to court rulings. about 26 million people applied for the student debt relief and 16 million of those applications have been approved. the department of education started sending out those emails on saturday in which they noted
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they didn't can i say large that debt due to those court rulings. one of the emails read in part, quote, lawsuits are preventing the u.s. department of education from implementing its one-time student loan debt relief program. we are holding your approved application. the education department says they will hold on to that information and hope that ultimately they will be able to move forward with this program, but the plan has been on hold for weeks as courts have ruled blocking the plan from being implemented nationwide. the biden administration has gone to the supreme court and asked them to allow their plan to move forward, but this is something that is really leaving millions of borrowers in limbo as they're waiting to see whether they ultimately will receive this relief. now, payments on federal student loans have been on pause for over two years now due to the covid-19 pandemic, but that freeze is set to end at the end of the year and the white house is now facing questions about whether they might extend that moratorium on student loan
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payments. white house press secretary karine jean-pierre saying that they are considering all options at the moment. arlette saenz, cnn, the white house. ahead on cnn, bold action on the climate crisis. we will explain how delegates at the cop27 summit reached a landmark deal benefitting poorer countries vulnerable to global warming. and later the story of a little boy who became an orphan during at war in ukraine and a dream come through for a childless couple. stay with us. if you still have symptoms of moderate to severe rheumatoid arthritis or active psoriatic arthritis after a tnf blocker like huma ornbrel, rinvoq is different and may help. stand up to your symptoms with rinvoq. rinvoq is a on-daily pill that tackles pain, stiffness, swelling.
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i'm calling us all to rise to the expectations entrusted to us by the global community and especially by those who are most vulnerable and yet have contributed the least to climate change. i hear no objections it's so decided. and that was the moment the u.n.'s climate change conference in egypt agreed to create a, quote, loss and damage fund to help vulnerable countries cope in climate disasters. it's been hailed as a landmark
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deal, but much remains undone, including details of where the money will come from and many leaders are voicing frustration that cop27 was another missed opportunity to take real action against the climate crisis. for more on this let's bring in cnn's david mckenzie in johannesburg. david, i don't want to take away from this landmark deal, but major hurdles remain. >> reporter: major hurdles remain and that means major problems are going to be faced by the planet in the coming years and decades. it is sometimes easy to forget just what is at stake here and what's at stake is really the way we live in the coming years and the temperatures we will have to deal with. as it stands even with the decision to start a loss and damage fund the details will be ironed out later, that is a victory for vulnerable countries, but as it stands the impact of a lack of cutting
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emissions substantially will be devastating and you did get a sense of frustration from some of the leaders in that summit. >> but i urge you to acknowledge when you walk out of this room that we have all fallen short in actions to avoid and minimize loss and damage. we should have done much more. our citizens expect us to lead. that means far more rapidly reduce emissions. that's how you limit climate change. >> reporter: two things will be disappointing to climate activists and many leaders, one is that there wasn't a specific mention of transitioning away from fossil fuels, including of course oil and gas. that will be seen politically possibly as a win for oil-rich nations and the other is certainly that there is no direct aggressive improvement in
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terms of cutting emissions to avoid the worst ravages of climate change. right now as it stands with the way that countries have pledged to reduce their emissions we are looking at more than 2 degree warming in the coming years and decades. there has to be a 45% increase in those measures to get anywhere close to that 1.5 degree warming agreement from the paris meetings. so that means we are very much falling short as the head of the eu climate's negotiating team said there and where those come from is unclear at this point, it's sort of kicking the can down the record towards next cop meetings which will be held in the uae. >> thank you so much. some ukrainians who stayed at home during russia's occupation could end up leaving after liberation. the reason for that has a lot to do with the damage the russians left behind. that's ahead.
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welcome back to our viewers in the united states, canada and around the world. i'm laila harrak and you're watching "cnn newsroom." ukraine says it's begun voluntary evacuations from parts of its newly liberated areas in the south. officials say water, heat and electricity are in such short supply that residents will have a hard time surviving the winter, so the government wants to give them a temporary place to stay in other parts of the country. the whole nation is struggling with power shortages after russian strikes left millions of
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people in the dark, but ukrainian president volodymyr zelenskyy says officials are working to bring the power back. >> translator: as always, today i received reports on the repair works in the energy sector. we are working throughout the country to stabilize the situation, kyiv and its region, odesa and it's region, kharkiv and its region have the most problems with electricity. >> mean while, we're receiving reports of new attacks around the ukrainian city that's located just across the river from the zaporizhzhia nuclear plant. officials say at least 40 shells hit the area overnight. the uk is vowing to help boost ukraine's air defenses, the move was announced during saturday's surprise visit to kyiv by prime minister rishi sunak. during his visit mr. sunak joined president zelenskyy in a flower laying ceremony honoring
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victims of war. for more developments on ukraine scott mclean joins us from london. uk prime minister rishi sunak on an unannounced visit to ukraine and he didn't come empty handed. >> he sure did not. this support package he announced during his visit is $60 million we're talking about 125 anti-aircraft guns, radar systems and other technology to better help the ukrainians identify and also shoot down incoming russian missiles. incoming russian aircraft over their country and this is something that the ukrainians have been skl for since the outset of the wars, more international help to help beef up their air defense systems and it has become especially important given the latest barrage of attacks and now the rolling blackouts that the ukrainians are dealing with as a result of these attacks on their key infrastructure. and this visit was probably a sigh of relief for the ukrainians frankly as well given
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the political turmoil in the uk and given the fact that, look, ukraine has become accustomed to the uk being one of its biggest supporters, second financially only to the united states, and really the architect of all of this was boris johnson and just to give you an idea of just how beloved boris johnson was in ukraine, i remember when i was there in july i walked past an art gallery in the central part of kyiv and there in the front window were two painted portraits of boris johnson adorned with the blue and yellow of the ukrainian flag. it wasn't joe biden, it wasn't president zelenskyy, it was boris johnson. and so the ukrainians likely relieved that rishi sunak seems to be indicating that he is there to support ukraine as well especially given the fact that just a few days ago his government announced a series of tax hikes, a series of spending cuts to try to fill a hole of some $65 billion in the uk's
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public finances, but this was the message that rishi sunak was bringing to kyiv, listen. >> and i'm here today to say that the united kingdom will continue to stand with you. we will stand with you until ukraine has won the peace and security it needs and deserves, and then we will stand with you as you rebuild your great country. >> so when rishi sunak left kyiv he hugged zelenskyy and you could actually hear on the pool camera him say that he would follow up with him with a phone call about some of the things that they discussed. zelenskyy also said in his nightly address that he and sunak had agreed on some necessary decisions though neither man said precisely what those decisions were. >> scott mclean reporting. thank you so much. russia's war has left many children or fanned but some ukraine began families are
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stepping up to adopt the youngest victims. salma abdelaziz reports on a 6-year-old and the couple giving him a new home. >> reporter: like any 6-year-old child, his energy is endless. he wants constant attention, entertainment and craves affection from the two people who care for him most. now we have that love, they tell me, that love that makes you a family. we did not have this baby but our love is real. maria and vladimir are ilya's legal guardians, they have been a little family for more than six months and the couple plan to formally adopt him and become parents to a child orphaned by this war. the pair had to flee their home from the east in kyiv because of shelling but refused to give up on their dream of starting a family. >> this was such a difficult decision to adopt during a war. did you hesitate? did you think maybe this is not the right time?
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>> reporter: we had been planning to adopt for many years he says the war pushed us to make it happen sooner. now we wonder why did we ever wait. ilya's mom was killed in mariupol, his birthplace, she left home to find food and was struck by shelling in the first week of war. unaware of his wife's fate ilya's father went looking for her the next day only to lose his life, too. ilya was left with neighbors where he sheltered with strangers for weeks in a cold, dark basement. when they ran out of food ilya says he started to eat his toys. the new found parents are trying to give ilya a sense of security. but when we visit their home in kyiv we see why that's a challenge. blackouts caused by russia's strikes on the power grid leave the family without electricity for hours. sometimes he gets scared, she says. he is historical and he will
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tell me it's like being back in mariupol in the basement, in the darkness. during the outages the young family try to make things normal, playing games, watching movies, anything to easilyia's worried mind. >> do you get afraid in the dark, ilya? >> reporter: not anymore, he says, i know the lights will come back on, and they do. during our interview electricity is restored and ilya runs to switch on the lights. ready to play again, but first he wants to put on his spider-man costume. he says it makes him feel strong and brave. salma abdelaziz, cnn, kyiv. russia is accusing ukraine of war crimes. moscow says video circulated online show russian soldiers killed after surrendering to ukrainian forces. cnn has gio located the videos to the outskirts of a recently liberated village in the eastern
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luhansk region. the edited video purports to show a couple of russian soldiers lying face down on the ground with their hands over their heads. more soldiers are seen emerging from a building and lying down next to the other troops in the yard. a man can be heard shouting, come on out, one by one, which of you is the officer? has everyone come out? come out. a short exchange of gunfire is heard before the video cuts off. a second clip shot from a drone appears to show the same men dead on the ground surrounded by pools of blood. we are unable to verify what exactly happened in the first clip or what happened between the clips, but we know from reuters that the u.n. human rights office is aware of the video and is investigating. in the meantime cnn has reached out to ukraine's general staff for general twice but hasn't
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received a response yet. russia's ministry of defense says the video shows, quote, a deliberate and methodological killing of more than ten immobilized russia servicemen. executing prisoners of war is a war crime under the geneva conventions. ukraine has also accused russia of multiple war crimes since the invasion began. now, days after the fatal stabbing of four students police in idaho are still searching for a suspect. ahead, the latest on their growing investigation.
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authorities in idaho are still working to find a suspect in the killing of four university students. investigators have again searched the house where the victims were found stabbed to death last week. they're hoping to figure out how the attack unfolded, how many
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people may have been involved, and how an attacker could have entered in the first place. cnn's camila bernal has more from idaho. >> reporter: we have seen a lot of activity here at the crime scene. local authorities going inside of the house and police officers outside of the house even looking and measuring at some tire marks near the driveway of the house. we know that in addition to the work that's being done here they've already interviewed at least 38 people. they're going through hundreds and hundreds of tips that are coming in, but there is still a lot of fear in this community and frankly confusion because initially police officers had said there was no threat to the community, and then they changed everything and said, look, you have to be vigilant because there has not been an arrest in this case. the one thing, though, that they continue to say is that they believe this was a targeted attack, although they have not given a reason as to why they believe this was a targeted attack.
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according to the latest information that we have we know that all four of them were believed to be sleeping at the time of the attack. they were stabbed multiple times and we know that at least some of them had defensive wounds. so they might have been able to fight back. the father of one of the victims, the father of xana kernodle saying faebls his daughter fought back. >> before we went out midnight, she was fine, they were just hanging out at home. >> reporter: we also know they went through different dumpsters in this area trying to look for evidence and then they released a timeline hoping to get more information, more tips based on where these students were last saturday night. we know two of these students they were at a fraternity party between 8:00 and 9:00 p.m. the other two, they were at a local sports bar between 10:00 and 1:30 in the morning and then they went to a food truck. that was around 1:40 in the
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morning, but authorities say they believe all four of them were back here at the house at around 2:00 in the morning. they say the attack likely happened in the early morning hours but that 911 call did not come in until about noon on sunday. now, we also know that the two other roommates that were also here on the night of the attack authorities say they don't believe they are suspects in this case, but clearly still a lot of work to be done by investigators and a lot of questions to be answered. a lot as the friends and family mourn the loss of these four students. camila bernal, cnn, moscow, idaho. police have arrested two suspects in connection to online threats against a synagogue in new york city. this is one of the two men who were detained at the city's penn station on saturday. police say the suspects had an illegal semi-automatic gun along with a large knife and a nazi
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arm band. they are now facing charges related to making terrorist threats and illegal weapon possession. sources say the threats started appearing on twitter earlier this month suggesting an attack on one of the synagogues in the city. law enforcement sources say the posts were later traced to a work computer used by one of the suspects. nba basketball star kyrie irving could come off the bench as early as today when his brooklyn nets take on the memphis grizzlies. that's according to espn citing sources. mr. irving has been suspended for eight games over controversial remarks he made after posting a link to an anti-semitic film. mr. irving apologized again on saturday for his actions. some a list celebrities just got an expensive lesson. ahead, how the collapse of a cryptocurrency exchange affected them. the only smart bed in the world that actively cools, warms and
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from matt damon to kim kardashian and tom brady, several big celebrities are facing the fallout of the sudden collapse of crypto exchange ftx
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after the $32 billion company plunged into bankruptcy in less than a week. cnn's christine romans reports. >> reporter: the implosion of the cryptocurrency exchange ftx one of the most powerful figures in the industry, has left investors grappling with the aftershocks. >> how much of this is effectively an empty, you know, product? >> reporter: ftx's ceo sam bankman-fried is facing multiple investigations after reports that he mishandled billions of dollars in customer funds causing the 30-year-old to see his own $16 billion fortune erased overnight. now the stunning collapse reverberating across the trillion dollar industry. gwyneth paltrow, reese witherspoon, kim kardashian and matt damon among the celebrities who have endorsed the crypto craze. >> four simple words that have been whispchspered by the inn t ids since the time of the romance, fortune favors the brave.
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>> reporter: so does fortune favor the brave? for those who invested $1,000 in bitcoin when actor matt damon started touting it over a year ago that investment is now worth around $300 dropping almost 70%. bloomberg reporting that billionaire mark cuban's investment in the titan token tumbled 99% this august. tom brady bought an equity stake in the now failed ftx. >> do you know what, i'm in. >> reporter: along with brady naomi osaka, basketball star steph curry and baseball hall of famer david ortiz among top athletes who have reportedly lose millions with the collapse of ftx. >> slow down. you're getting into crypto? ftx? >> reporter: but no franchise took a bigger hit than the miami heat basketball team who terminated their 19 year $135 million naming rights deal with ftx leaving them scrambling for a new sponsorship partner one month into the season. >> cnn's christine romans
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reporting there. wedding bells at the white house on saturday as president joe biden's oldest granddaughter married her fee yancey on the south lawn. it's the 19th wedding to ever take lace at the white house. the guests received slices of the wedding cake and followed as in past white house receptions. and president biden turns 80 today, the white house says he will celebrate with a brunch hosted by first lady jill biden. family members already in town for that wedding are staying on for the celebration. it's the first time ever that a u.s. president has turned 80 while in office. that wraps up this hour of "cnn news newsroom". i'm laila harrak, thanks for joining us. i will be back with more of today's top stories after a quick break.
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hello and welcome to our viewers here in the united states and all around the world. i'm laila harrak. coming up on "cnn newsroom

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