well, joining us live from new york is gabriel elizondo now. so gabriel, a lot has happened, but i imagine it's all starting to sink in there. ah, yeah, that's right. this district attorney's office in court house complex. you see behind me there is really going to be the center of the political world, at least here in the united states, in the coming days after this announcement of this indictment by this grand jury here in manhattan here in new york city. now this was about this money that trump allegedly pay this former adult film star $132000.20 to keep quiet about their alleged affair. but beyond that, that in of itself is not necessarily a crime. it is how that money was allegedly paid, that is part of this indictment, and that is the real key part. it's them back to that according to the grand jury and what they were, the district attorney was investigating was, did was, did trump falsify a financial records in that payment? and then the bigger issue beyond that, perhaps even a felony could be. did he intentionally do that to hide another

was investigating a hush money payment made by trump's former lawyer to an adult films stop. gabriel elizondo begins our coverage from new york. after more than a week of intense speculation and anticipation, manhattan district attorney ivan bragg leaves his office in new york. having just made history minutes later, a spokesperson confirmed that a grand jury bragg convened had voted to indict former president donald trump over alleged hush money to a former adult film star. and that prosecutors were working out the arrangements with trumps lawyers for the former president to turn himself into authorities. it wasn't long before a typically combative. trump responded through a post on social media. trump calling the indictment an attack on our country, the lakes of which has never been seen before. stormy daniels and her alleged sexual encounter with donald trump is at the center of the criminal case against the former president. after she threatened to go public about the affair in the final days of trumps, 2016 presidential campaign trumps. then fixer michael cohen paid her a $130000.00 to k

but as gabriel elizondo reports from new york, the world's largest economy is still facing some strong headwinds. the u. s. economy is certainly giving off a lot of mixed signals, right now. on one hand, there's a banking crisis that has the markets teetering, but there's also some positive signs as well. i spoke to maxwell and economists to your new york city to try to make sense of it. all. most americans are nervous, some are really suffering and no one really knows exactly what's going on. inflation was a big deal last year where it reached over 9 percent in june, in response to federal reserve raised interest rates. and it did the job, bringing inflation down to about 6 percent where it is today. but that still high, because most economists say the target is around one to 2 percent. inflation will be less of a problem going forward. but we have a lot of instability risk around the global supply chain and around the conflict in russia and ukraine. higher interest rates might have health, low inflation, but it's also had a negative effect on the housing market. that's because intere

daniel's, by his former lawyer, michael cohen trump has called on his supporters to protest. gabriel elizondo has more from new york. this is the center of the political world right now, at least here in the united states were in this court house behind me here in new york city. there is a grand jury that we believe is in the final stages of making a decision if they will bring a criminal indictment against donald trump. if they do, it would mean trump is the 1st president ever in us history to face criminal prosecution. the man had district attorney has been investigating trump for several years. the case revolves around stormy daniels, a former adult film star, who claims she had an affair with trump and threatened to take her story public right before the 2016 election. knowing that the embarrassing claim could derail his presidential campaign. trump allegedly had his then fixer michael cohen kaye daniels, $130000.00 to keep quiet. but as part of that payment, the grand jury is investigating if whether trump also falsified business records, which would be a felony. police in new york have

museum of modern arts display shows visit is the painstaking process of stop motion animation. gabrielle elizondo reports. ah, we shall call. yeah. tina mexican director, guillermo del toro st. pinocchio is the latest adaptation of the classic children's story of a wooden boy whose nose grows when he lies in new york's museum of modern art, is giving visitors the chance to see the care and craft behind making the movie in an exhibition fittingly called crafting pinocchio unlike most modern animations, pinocchio was made not with computer generated graphics. but with traditional stop animation techniques, a painstaking process in which the movie is literally made frame by frame. there are a full scale animation sets from the film just as i appeared. this is the largest one. this is the fastest re education camp we've installed on one of the studio cameras. and it's taking one still image at a time between each till image the enemy is would move all the puppets and then take one photograph. and when you run it altogether, you've got a of the see, up to 40 animators worked simultaneously on pinocchi

economists expect the federal reserve to suspend that streak of interest rate hives from new york. gabriel elizondo has more on the state of the markets. they're doing quite well, frankly, they're all in the green s and p. the dow, the nasdaq, all gaining about $1.00 to $1.00 and a half to 2 percent or so that's good news for the white house. and quite frankly, for a lot of people, they've been watching this closely. what they were trying to do was prevent panic. that is what the white house did not want to happen. they did not want people rushing to their banks to withdraw money. because that could have led to a wider banking crisis for wider one that we already have in the united states right now. so based on the market reactions so far on tuesday, it appears that that policy by the white house and speaking out aggressively over the last 24 hours trying to contain this to the 2 banks that have been shut down, appears to be working. but it doesn't necessarily point to necessarily long term stability. to give you an idea of moody's rating agency downgraded the u. s. banking system from stable to ne

in 1900 spread to the united states in early 2020 new york city quickly became the epicenter. gabriel elizondo reports on what lessons were learned. 3 years on the state of emergency in new york city, new york had just surpassed 7000 covey cases. the most cases in the state and 35 corporate related deaths. this is overwhelming. the cities, hospitals, and 1st responders, the virus spreading fast. the number of cases doubling in the new york city area overnight fear was setting in the community spread dynamic is unpredictable and worrisome. then governor andrew cuomo had seen enough and did the unthinkable and ordered new york to be shut down completely. it was march 20th, 2020. today we're bringing it to 100 percent of the workforce must stay home. and when i talk about the most drastic action we can take, this is the most drastic action we can take. new york would soon become the global epicenter of the coven outbreak. 3 years on, and 6500000 covey cases, and more than 61000 deaths later, what lessons have been learned this pandemic, as a silent pandemic associated with it. and those are the i

after a surge of woods rolls trigger the worst bank collapse since the 2008 financial crisis. gabriel elizondo has more from the new york stock exchange. it was another tough day on wall street. as all of the major indices were in the red and down throughout the entire day, any of the gains that were made on thursday were wiped out on friday. but the market is also giving very mixed signals as we enter this next phase of the u. s. banking crisis, in some ways we're seeing the markets very much down. but for the week the market has been quite resilient. for example, the s and p down 1.2 percent on friday, but for the week up over one percent. the nasdaq down a little under one percent on friday, but for the week up 4 percent. and we saw the same with the dow jones industrial average down 1.4 percent on friday, up a little over 0.4 percent for the week. so we're really getting a lot of these mixed signals and are getting a sense of you really don't know how the market should be reacting to this banking crisis. it's clear that this is top of mind here on wall street now, but it's really a sense o

street vested have been reassured by report, showing inflation in the west marginally slowing. gabriel elizondo has more in this now for new york. there's a real sense that the 2 banks did have collapsed the damage from that, as so more been contained and not spread to the wider banking system in the united states, as some had feared. as president biden came out on monday saying, your money is secure and safe, trying to add confidence to the market and recruit, seeing that you're on tuesday, as even the smaller regional banks that saw declines in the market of 30405060 percent. in some cases, all have made up a lot of those losses for monday and the data from triple cycling friday and malawi, mozambique, and madagascar has risen to 220. after ripping through southern africa for 2nd time . in a month, milan we is declared a state of emergency with 190 people killed that after devastating floods and landslides. well me to logical organizations as it might have broken the record for the longest lasting tropicals cycling. those the headlines, the sal, we have the news, our coming up at $2100.00 g m

the next step for trump is to turn himself in and appear in front of a judge. gabriel elizondo has more from new york. when is this process supposed to happen for donald trump? we simply don't know yet. it could happen any day, but based on what we're hearing is that it probably will be early next week. that will be incredible, seems pretty assuming trumpet does show up here and turns himself in, in this building behind me. obviously, it would be a remarkable scene to see trump a former president, the 1st president in us history to have criminal charges against them. malaysia's highest court has dismissed an attempt by former prime minister energy resolved to have his corruption conviction reviewed the jeep, soothing a 12 year sentence. the case relates to the looting of the states investment funds . at least 35 people have died in central india after flaw collapsed at a hindu temple. dozens of worship is celebrating a religious festival plunged into a step well when the floor gave way in the city of indoor. the u. s. has condemned the arrest of an american journalist in russia. ivan, g

first we're going to go to new york or gabriel elizondo was standing by outside the manhattan district attorney's office at gabriel. let's talk about some of the fundamentals of his tenant. tell us about the case and what could trumps legal defense b? well this case is quite frankly, more complicated than its 1st blush if you will, that the center of it is this so called hush money payment, that donald trump allegedly made to this adult film star 2016. but this grand jury was looking into more than that and what they were looking into and why they have pursued this is because it's not that donald trump might have paid this money. it's how he might have paid this money. that is the key. and what the da here has been investigating for several years now is that key question of how the we believe that the district attorney and this grand jury have been looking at this indictment on falsifying business records in how he paid that money. that is still a misdemeanor in new york state, but then to get it to a felony which apparently it is, is that then it's a matter of, did he falsify those bu

ok, thank you for that. gabriel elizondo in new york. let's cross over to london now and nice baka. so a positive reaction on wall street as we heard from gay bare bunny we saw just re markets in europe earlier despite u. b. s. s. takeover of curtis's yeah, that's right. i think across the board and the still on of trading on monday he got his think sense that people felt that the, a financial crisis on the scale of 2008 was said no way in sight. but nevertheless, there were jettas across european markets. we saw a fluctuation in the share price. the european central bank, i think, will be largely because of the unorthodox mainshine of this takeover. let's not forget the abs was essentially strong armed into taking over credit suisse at the behest of the swiss central bank without consulting shareholders. of course, that's incredibly unorthodox, big concerns about what that means in the future. whether that sense the precedent and as such that affect the share prices of e b. s. and start of trading on monday they found 12 percent small. so those are some outstanding questions about

as for european stocks will be also ended the week down. gabriel elizondo has more from the new york stock exchange. it was another tough day on wall street, as all of the major indices were in the red and down throughout the entire day. any of the gains that were made on thursday were wiped out on friday, but the market is also giving very mixed signals as we enter this next phase of the u. s. banking crisis. in some ways, we're seeing the markets very much down. but for the week, the market has been quite resilient. for example, the s and p down 1.2 percent on friday. but for the week up over one percent. the nasdaq down a little under one percent on friday, but for the week up 4 percent. and we saw the same with the dow jones industrial average down 1.4 percent on friday, up a little over 0.4 percent for the week. so we're really getting a lot of these mixed signals and are getting a sense, you really don't know how the market should be reacting to this banking crisis. it's clear that this is top of mind here on wall street now, but it's really a sense of will this crisis be conta

is calling the indictment political persecution . gabriel elizondo begins coverage from new york. after more than a week of intense speculation and anticipation, manhattan district attorney ivan bragg leaves his office in new york. having just made history minutes later, a spokesperson confirmed that a grand jury bragg convened had voted to indict former president donald trump over alleged hush money to a former adult film star. and that prosecutors were working out the arrangements with trumps lawyers for the former president to turn himself into authorities. it wasn't long before a typically combative. trump responded through a post on social media. trump calling the indictment an attack on our country, the lakes of which has never been seen before. stormy daniels and her alleged sexual encounter with donald trump is at the center of the criminal case against the former president. after she threatened to go public about the affair in the final days of trumps, 2016 presidential campaign trumps. then fixer michael cohen paid her a $130000.00 to keep quiet. cohen, who testified bef