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tv   CBS Evening News Plus  CBS  March 11, 2025 4:30pm-5:00pm PDT

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>> john: welcome to cbs evening news plus, i'm john dickerson.
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tariff turmoil to step -- president trump increases tariffs and cuts them in half all in one day. the markets respond as they did yesterday -- by dropping. money watch correspondent kelly o'grady is following the declining graphs. today marks five years since the start of the covid pandemic. bradley blackburn looks back on the global health crisis and speaks with one of the first patients to survive the outbreak in new york city. a possible diplomat breakthrough -- the u.s. and ukraine agreed on a cease-fire proposal. but will russia get on board? that's tonight's interview. those stories and more right after our news headlines. ♪ ♪ federal regulators say they remain concerned about the significant potential for a future midair collision at washington's reagan national airport. they are recommending restrictions stay in place following the deadly midair collision in january that killed 67. a measles outbreak in west texas has jumped to 223 confirmed cases with the addition of 25
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new cases since friday. health officials say only five patients had reported being vaccinated. at least 29 people have been hospitalized so far. cases are now being reported in oklahoma and vermont. british police have made an arrest in connection with a fiery collision off the coast of england on monday. the 59-year-old man was an officer on board the portuguese cargo ship that struck a u.s. tanker loaded with jet fuel. as the fire smoldered today we learned the cargo ship was not carrying sodium cyanide as initially reported to. ♪ ♪ we begin with a roller coaster ride on wall street today that left even the strongest stomachs feeling a little uneasy. the up and down ended with all down. every major index in the red to. it was due in large part to the
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tariff chaos. president trump canceled his additional 25% tariff on canadian steel and aluminum after ontario's premier pause his 25% tariff on energy to the united states. which was originally imposed as retaliation to other u.s. tariffs that are still going into effect. are money watch correspondent kelly o'grady is here to try to make sense of all of this because even in reading that i got a little lost. what did you make of what the markets did today? >> even more uncertainty which i think is my most used word now, even more than tariffs if you can believe it's. >> john: you should have gone long on uncertainty. >> there's still time. the nasdaq was up and you just had all of this data to digest, potential cease-fire in ukraine, all of this tariff turmoil. at the beginning of the day we heard retailers and airlines the consumer that they are pulling back on spending. it wasn't as bad as yesterday but investors are jittery and
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i'm looking ahead to inflation data tomorrow, consumer sentiment on friday and on interest rate decision next wednesday. you and i both know when jerome powell talks the market moves. >> john: almost as powerful as when the president talks. is this sustainable, this back and forth between the u.s. and canada? >> it's going to be hard to whether this uncertainty. the u.s. and canada we rely so much on each other. tech aluminum and steel for example. we buy it so much of that from them but they sell the majority of their product to us. you can't find another buyer. what's really tough for businesses is you get into a bit of paralysis. do you hire, do you lay off, do you invest? can they survive? yes. will they thrive? that's going to be harder. >> john: the president's tariff on steel and aluminum is not at 50 events at 25, what's that going to cost? >> home building prices are likely going to go up, auto, defense. the one i'm looking at is manufacturing committees of the tariffs, these broader tariffs
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are designed to bring manufacturing here. i've talked to tons of folks in the manufacturing space to say now we are going to have to pay more for aluminum and steel which are really critical for those building projects. >> john: there might be more manufacturing but it will be more expensive to do. >> which is exactly what happened last time, you saw less hiring because of those aluminum and steel tariffs in manufacturing. >> breaking it down for us, thank you very much -- we turn now to capitol hill, house speaker mike johnson was able to squeeze a short-term government funding bill through a vote by the psalmist of margins. attention now turns the senators across the building with midnight friday -- that's the deadline for a government shut down. i'm joined now by congressional correspondent nikole killion. how is johnson able to do it? even getting into the house was not guaranteed. >> the speaker could only afford to lose one vote to but in short this was a pressure campaign not only on the part of
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speaker johnson but also president trump. he endorsed to this bill he met with members of the conservative house freedom caucus who don't always support these types of short-term funding bills. he made calls and dispatched vice president vance to capitol hill earlier today. all of that arm-twisting seemed to have an effect. congressman massie of kentucky was still a no. we saw one democrat across party lines named jared golden. >> john: there's going to have to be a lot more cooperation in the senate give us a rundown of how things proceed in the se senate. >> reporter: leader thune said earlier today he believes a majority of his members will back this continuing resolution. senate democrats continued to take a wait-and-see approach. they have been keeping mom on whether or not some of them will break ranks to back this bill even as they hold their noses. pennsylvania john fetterman has been the only one on record thus far saying he will not support a
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shut down. >> john: is the option they can vote for the house bill? or is there a possibility there is a senate alternative? might that be the only thing that could get 60 votes? then you've got a discrepancy between the house and the senate. >> there was an alternative put forth by democratic appropriators, senator murray and congresswoman rosa delauro that would extend government funding through april. this would buy more time for congressional negotiators to strike a bipartisan deal on a broader package of appropriations bills. and talking to both speaker johnson as well as leader thune today, the both handed -- leader thune told me it was a smoke screen and something he's not willing to consider at this time. >> john: the deadline is friday. thank you nicole. former philippine president rodrigo duterte was arrested at an airport in manila today on a warrant from the international criminal court in the hay get.
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the 79-year-old former president is accused of crimes against humanity for his brutal antidrug crackdown while in office including the executions of thousands of people. on american college student has been missing in the dominican republic for nearly a week. she was last seen heading to the beach in the spring break destination town of punta cana. manuel bojorquez is there and reports the search now includes the fbi. >> reporter: this may be the last known image of 20-year-old university of pittsburgh student sudishka konanki before she disappeared after kelp surveillance video from the early morning hours of march 6th shows konanki and five others walking together toward the beach. national police spokesman diego pesqueira has seen the video. >> are there clues that show you it was an accident or something else? [speaking spanish] >> we still have to await the results of the investigation. >> reporter: and konanki and several friends were staying at
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a hotel in punta cana a popular tourist resort town. a police source tells cbs news konanki and other women she was traveling with went to the beach with two american men. her friends returned to the hotel while konanki and one of the men stayed behind to. later video appears to show him returning alone just before 9:00 a.m. investigators in the dominican republic have interviewed the man she was last seen with as they continue combing through surveillance video and phone records. u.s. authorities including the fbi are also assisting in the case. the search has intensified for the local authorities have in using helicopters, drones, diver teams, and k-9 units to find the college student. this year 21% of americans who are traveling for spring break booked trips abroad to. about 2.5 million american tourists vacationed in the dominican republic according to a recent survey. konanki mother cried while speaking to local dominican
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station more than four days after her daughter's disappearance. konanki's parents and flew here to punta cana soon after learning she was missing. they have been pressing authorities to investigate all possible scenarios including foul play and not just the possibility she may have accidentally drowned. >> john: manuel bojorquez, thank you. here are three things to know. southwest airlines says it will begin charging customers a fee to check bags. there will be exemptions for some rapid rewards members, business-class flyers, and southwest credit card holders. southwest was the last major airline to hold off on baggage fees. other airlines started charging them in 2008. on hawaii's big island kilauea volcano was erupting to dominic again, shooting mounds of lava 500 feet in the air. no homes or businesses are threatened. kilauea is one of the most
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active volcanoes on earth. it's been erupting on and off since december. explorers using an underwater drone and sonar have discovered the wreckage of a cargo ship that sank in lake superior during a storm more than 130 years ago. 27 people were killed when the western reserve went down, one person survived. the wreckage was found a 600 feet underwater off of michigan's upper peninsula. coming up on bs evening news plus. >> i could not believe what was going on i was just dropping my husband off at the hospital and i wasn't sure if i would see him again. >> john: five years since the pandemic started we look at the
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>> john: according to the cdc, more than 2,000 deaths were linked to covid-19 last month. that of course is a far cry from the monthly peak of more than 100,000 in january 2021. it is a reminder five years after the world health organization world health organization first declared the global pandemic that it's still with us. for the nights in depth, cbs's bradley blackburn reports how covid changes patients and
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doctors. >> reporter: in march 2021 the 1 when the world locked down, sal mazzara remembers when he had symptoms. >> i had fever, and sweats. >> reporter: the father of two already had a lung condition so when he struggle to breathe his wife josephine drove him to mount sinai hospital. >> i could not believe what was going on i was dropping my husband off of the hospital and i wasn't sure if i was going to see him again. >> reporter: this was an epicenter right here. >> it was, our hospital was beyond capacity. >> reporter: critical care dr. sanam ahmed remembers when the hospital filled up and tents were set up in central park to. the city used refrigerated trucks to hold the bodies. >> all of a sudden it was a deluge, it was a lot of patient coming in all at once. >> reporter: while her own children were in lockdown at home she treated countless patients. >> myself and my team are responsible for treating the
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sick or patients. >> we've been called to bedside to see a patient who is having some problems with respiration. >> i've never seen so much tragedy in a short period of time. >> reporter: cell spent weeks on a ventilator, he needed a tracheotomy and suffered a cardiac arrest. his family could be by his side. >> we are going to take that o out. >> reporter: dr. ahmed was. >> how are you feeling? >> i'm feeling great i'm so happy. >> if you had a cardiac arrest that was extremely unlikely that you would survive and sal did to. he had a cardiac arrest and survived it. >> there's not enough money in the world, not enough thanks to thank them. >> reporter: after 45 days he left mount sinai to go home. last week for the first time since 2020. >> what's so good to see you, you look so good. >> reporter: dr. and patient met again. >> i never forgot you, thank you
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for everything every day. family that will never stop saying thank you. >> my hero right here. and reminding others what it took to survive. >> i hope people remember what it took to support each other. >> reporter: bradley blackburn cbs news new york. >> john: coming up on cbs evening news plus, will the u.s. cease-fire proposal for ukraine lead to peace with russia? we'll focus n
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>> john: the pressure to end russia's war on ukraine now shifts to moscow after the u.s. and the ukrainian delegation agreed to a proposed cease-fire deal. secretary of state marco rubio announced the framework of the
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30 day pause after more than an eight hour meeting in saudi arabia. the agreement also includes a resumption of u.s. military aid and intelligence sharing. to help us understand what cmes next we turn to charles kupchan, senior fellow at the council of foreign relations for tonight's interview. good to be with you again. what do you make of this deal as you understand that? >> is a pretty big breakthrough. the ukrainians -- zelenskyy had a gun to his head to. and trump you need to make a serious offer of peace or we aren't going to keep the flow of aid or intelligence going. zelenskyy didn't have a lot of choice. he had his back up against the wall and we saw the results of that today in saudi arabia where the ukrainians have said very concretely, we are ready for a 30 day cease-fire as long as russia reciprocates. if that cease-fire in fact takes
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effect, you have a pause with breathing room to try to negotiate something that's much more long-lasting. >> john: assess russia's posture for us and how they would receive this deal a or do they feel no pressure? >> i think there is pressure on putin. i would say there is maybe a 50-50 chance this offer flies. the ball is in russia's court. russia doesn't want to be seen as the country of dragging its feet and responsible for the continuation of the conflict. i think putin really wants to work out a good relationship with trump. this is in some ways his ticket to come in from the cold to sit again at the table with the big boys. trump is the person can provide that. yes, putin is willing to continue the war but this has
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been painful. hundreds of thousands of dead and wounded russians, billions of dollars in defense spending. the russians are paying a high price for this war are. everything else being equal, putin may be ready to call it quits. >> john: it's or something putin wants in particular in terms of coming in from the cold? us or something down the road he would benefi from that might put pressure on him in respect to this deal? >> i think he has in mind a reset with the united states, a reset with europe, the coming down of sanctions. the return of russia to a player in euro-atlantic security rather then an object of euro atlantic security. i think the tough issues will not be the cease-fire, will not be where you draw the new line,
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it's the conversations about other things putin will ask for such as ukrainian neutrality. caps on the size of ukraine's armed forces. potential pullback of nato forces from the eastern flank. i think that trump probably pushed by europeans as well as zelenskyy may say no to those requests. i'm guessing the likely outcome here for cease-fire and an end to the war but something looks more like a frozen conflict than a real peace settlement. >> john: last question, charles. for ukrainians is it about territory and security against future russian aggression? >> i think the ukrainians have come to the realization they are probably not going to get back from you and eastern ukraine anytime soon as a consequence they are pivoting to a new goal. the 80% of ukraine it is still free is defensible, secure, and anchored in europe.
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that is their new goal. >> john: thanks as always for being with us
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of seizures or neurologic disorders. >> john: >> john: question for you, how are your animal spirits? are they at pin bowling around the room or plopped on the couch? the fate of the economy may hinge on animal spirits. not exactly but when it comes to using the expression "animal spirits" with the economy the expression can mean whatever you
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want. a good thing or a bad thing. it is an economic mood ring useful in supporting your case which ever way you want to use it. the term was popularized by economist john maynard keynes to describe psychological forces behind economic fluctuations. when people act on emotion rather than rationality. that today the term gets thrown around to mean all sorts of things. when the market crashed monday of white house advisors said "we are seeing a strong divergence between animal spirits of the stock market and what we are actually seeing unfold from businesses." when used in this way, it means wall street traders are irrationally emotional acting on vibes not hard economic data. yet in trump's first term has economic advisors boasted he had unleashed animal spirits. this term they also promised the same. as one investment guru celebrated in january, animal spirits are alive across wall street. when used that way animal spirits mean rational business
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choices made by ceos responding to trump's promises of lower regulation and taxes. the terms ambiguity is its superpower it sounds like you know what you're talking about. you are quoting a famous economist after all no questions please. the rapid transformation of term animal spirits denoting a rational asked response a month ago to becoming an irrational response today is its own economic indicator. when someone uses animal spirits to mean two opposite things yet always to justify their argument, hold onto your wallet. that's in tonight's cbs evening news plus. thank you for >ryan>right now on cbs news bay area. we will meet the san francisco residents making a last ditch effort to keep cars cruising along the great highway and their neighbors, who are, well, not so hot on
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the idea.y at had very, very inclusive processes, and this is the absolute opposite. their answer is filing lawsuits to try to undo the democratic will of san franciscans. >ryan>and a gas station owner in the east bay, picking up the pieces after thieves targeted three of his stores overnight. why he believes the burglars had a specific target in mind. and neighbors in the east bay fighting back against visitors, they say, bring nothing but trouble to their community. we'll talk to them about the flower wars. plus. going to take you to the bay area campus, where these four legged friends are taking some of the anxiety out of schoolwork.

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