haidi: loretta chen in hong kong as we watch those developments.hina economist at lloyd. always great to have you with us and i'm curious does the fate of one property developer even if it is evergrande at this point in the process of the broader sector still have an impact? >> it is indeed a messy situation but i do not think there will be systemic risk. i think we are seeing some signs of stabilization in recent offshore bond market. but of course as your colleague highlighted whether onshore creditors will get a priority remains to be seen but the goal of the policy is to get the project finished. haidi: when it comes to the property sector and the growth narrative over the past two decades over how businesses have operated, can we get a revival of confidence if we do not have a fix for property? >> well, the property sector is so huge and chinese consumers so far have only made decent returns from the property sector , not from the equity market. over many years. the property sector is tied to 70% of consumers wealth so the government has recog

loretta: that's right.quidation scenario, also from the bondholder group lawyer. we are hearing there's a possibility that the ad hoc bondholder group can be replacing the petitioner to wind up evergrande. you have a local hong kong investor trying to wind up evergrande but stopped short of the final step. the bondholder group is saying they rejected the latest proposal from evergrande, which they see as a worse scenario than liquidation. they could step in and say if the company cannot reach an agreement for better terms, they will head toward liquidation again. haslinda: a story that keeps on giving. loretta chan, thank you. now to a money laundering probe in singapore shining a light on foreign fund flows in the city state. coal -- gold and cash has been seized. it was the focus of monday's big take with our senior reporter. what do we know? >> so far we know that at least 10 people who are from china by birth, some of them have been involved in an online gambling ring in -- gambling ring. online gamblin

. >> those parents are nels and loretta rasmussen. >> doesn't make any difference what day it is.a pain that is always there. there's no cure for it. >> who would want to kill sherri rasmussen? she was hard-working, caring, and popular with her coworkers. trained as a nurse, sherri was director of critical care at a large local hospital. >> we are implementing the people difference program. >> it was a devastating day. she was 29 years old and just in the prime of her career. >> althea kennedy was sherri's boss at the hospital and had originally hired her. >> we couldn't believe it. first of all, like how could someone do this? people crying. people upset. i mean, the hospital was like a tomb, you know? so, the loss was real palpable. >> sherri had just married three months earlier to john ruetten. >> where the happily married? >> unusually so. >> months after the wedding, john found sherri sprawled dead. he might seem a likely suspect, but john was cleared almost immediately. the lapd focused instead on evidence that this was a burglary that turned violent. >> this was no acciden

loretta, what i hear from rick multiple times is everything. feel like everything is up.erience? >> everything is up, just like he said. everything is up. like, 150, 200, 300%, everything is up. so, i mean, it's a lie if he -- joe biden says that our costs are down. they are up. they're up to, like, 300, 400%. pete: well, and you're having to face rising crime too. i believe your coffee house was vandalized last year. is that true? >> it is. it is. it was vandalized. i'm dealing with drug addicts outside of my business. we deal with everything, you know? it's like we are the ones to try to keep all the crime down and and deal with everything ourselves. our ppd, our portland police, they're dealing with a lot. hair hands are restricted, so it's left up to us, you know? pete: yeah. well, it shouldn't be left town a coffee shop owner to maintain the san de. that's what authority -- sanity. that's what authorities are there for. jason, real quick, you have a food truck, a brick and mortar store, you're a food service company. i saw you kind of nodding your head when rick was

for more, let's bring in loretta chan in hong kong.tion right now? what kind of credit protection to give creditors? -- did it give creditors? loretta: this result was really hard fought by both the company and the regulator in china. they have an early redemption option for the investors. the exchange has been talking to holders of one of the notes which has a credit default swap, plus an early redemption option, trying to convince them not to ask for early repayment of the bond. so this week, we learned that none of the investors proceeded with that early redemption requirement which helped the company to essentially manage to avoid in onshore default. haidi: how significant would it be for country garden to avoid a default? loretta: i think importantly, we have to distinguish for these developers what happens with their on share -- onshore debt versus their offshore debt. country garden has defaulted on the bother you -- dollar bond in october. since then, it's been trying to avoid such a scenario because the result or the consequen

our reporter loretta is with me now.ore bond in question, what kind of creditor protection are we talking about? >> country garden sold this bond last year same time as part of a government program to help them keep selling more debt. there is a credit protection called credit default swaps. theoretically, investors on the state can ask for early redemption of the bond to get payment, even though the bond is maturing next year. we know from sources that since last week, regulators have been in active talks with bondholders trying to persuade them not to ask for early redemption. country garden saw sales falling 77% and probably doesn't have cash to meet those demands. rishaad: it's pretty good that they have managed to avoid default, but if they hadn't had these bondholders saying we will not demand repayment, we would've had one. >> that's it. this is a top-down process with regulators going to bondholders, holding exchange meetings with investors telling them not to proceed with that demand for early payment. you do yo

you have loretta mester coming up to the board. she's always been under the voting rotation and always been fairly hawkish. we also have rossville bostick -- raphael bostic who is not at all hawkish. looks like it will be about the same. i don't think it would be a question of hawkish and dovish then divisions are not that deep. it will be a question of timing and inflation. how far inflation has to come down before they agree it is time to make a rate cut. scarlet: michael mckee, thank you for setting the scene for us. bloomberg's international and policy editor michael mckee will be there when the fed decision comes out. we will check out with him in the top of the next hour. let's head over to kailey leinz who was standing by with the chair of the sec gary gensler. kailey: thank you so much. i'm joined by chair gensler. effect concerned about leverage and the treasury market. does this will go far enough to address those concerns or will the sec or will the sec do more to address them? chair gensler: what we did today is one par

you think the thing, loretta castro and her team redesign, public spaces and water is always at the center of their planet. they get inspiration from all over the world, but also work with indigenous techniques such as those used by the aztecs who built mexico city as a floating metropolis 700 years ago. but i don't know the name of the week, let's get gather as possible for recording and stuff through that. and it's clear to us that every public space in this city must also be a place for both to rent that they've got that all up the last i guess. and if the park in front of your house, so the neighborhood square became a large system to collect rainwater. will replace, to treat wasteful to, oh, just towed it back. and then the city could function much better to that video into anatomy, which one the court. good ideas and political support are needed, so everyone in the megacity has access to water. because even if everything looks normal in the city center, experts predict that mexico cities ground water could be completely used up in 30 to 50 years. the the environmentally friendly cult

everything is designed so that we know what to runs off and seats in the you think the thing, loretta castro and her team redesign public spaces and the water is always at the center of their planet. they get inspiration from all over the world, but also work with indigenous techniques such as those used by the aztecs who built mexico city as a floating metropolis 700 years ago. but i don't know the name of the week, let's get gather as possible for recording and stuff through that. and it's clear to us that every public space in this city must also be a place for both to print that bill got that or left. last, i guess and if the park in front of your house, so the neighborhood square became a large system to collect grain water or replace to treat wasteful to one. 0, just towed it back and then the city could function much better to that video into anatomy, which one the court good ideas and political support are needed. so everyone in the megacity has access to water. because even if everything looks normal in the city center, experts predict that mexico cities ground water could be

. >> judge loretta preska as january. 1st to be day when more than 170 names will be released as part of their association with a civil lawsuit that was settled in 2017. but we know that many of the people on that long list of names could be friends, associates or even victims of jeffrey epstein. the judge also allowing individuals to file an appeal asking that their names either be redacted or sealed, essentially blocked from becoming but that has to happen before those documents are formally released on january. first, i mean, while we know that many of those names or at least some of them, our notable and known associate of jeffrey epstein. again, they're all a part of what was a noun settled civil lawsuit against ghislane maxwell brought by virginia giuffre giuffre accused maxwell of helping epstein abuse her by arranging travel plans. a low with setting up meeting times and places to facilitate her abuse. maxwell is now serving 20 years in a federal prison after she was convicted in 2021 for her role in game to sexually exploit and abuse multiple teenage girls with epstein over a

i mean mohammed, we, we had from loretta about the christmas solomon to this. i want to get back to that . but if possible, i do just want to hear about the latest developments from the west spine. has that been an increase in finance? how people uh, ceiling apartment, a yes actually sensitive enough to, but i know those bank a witness incursions of the i did the on my it was a t v. if you use chance, our towns, odyssey they've got a senior sit up 700 to close that to 6 feet a month to connect people eh, but assessor with those children is 7 october icloud, seated with 300 students and the others to exceeded 4700 by the students, and some of them are women and children that may be used in a break and come in if there's a change between how much is what it allows of, of just the medias. so the situation, our interest and those bank and also just to close, but us increase that kind of stuff out of to you about the book and the here's of the christian chair twisted on eastern chips and decided that to cancel any kind of separation of vectors las vegas here find li

the identities of close to 200 people close to epstein will be revealed following a ruling by judge lorettaa who ordered the release of documents part of virginia due fray's lawsuit against ghislaine maxwell. dufresne accused britain's prince andrew of raping her when she was a teen-age victim. andrew played a settlement last year. many are expected to be passengers on epstein's private plane which was frequently used to furry under aged girls on the private island. some in congress say the public has the right to know those names. >> we need to know who was on that plane, who was participating in this. they redacted those records in the ghislaine maxwell trial. but getting to the bottom of this is important. >> but republican congressman tim bur charred of tennessee says he believes the release of the full night logs might be blocked because too many of his, quote, colleagues would be named. epstein died in jail of course in august 2019 about one month after being arrested on sex trafficking charges. his death was ruled a suicide. haley? >> kayleigh: unfortunately that's all the time we ha

the red investor spoke to the financial times. -- loretta mester spoke to the financial times.ble are those? shannon: i think we should be paying attention. powell surprised many of us with how dovish she was in we are seeing a lot of that being walked back. the market has gotten exciting about easing in the fed speakers are trying to walk back some of that so they do not see an overly accommodative stance that puts them in a precarious situation with inflation meaningfully above target. we still have work to do. i think they're trying to walk back some of the market excitement the best they can after powell's comments. lisa: let's pair these ideas together. you say they are beginning to think about changing their behavior. beginning to think about rate cuts. you put these things together and you wonder if the combination we have seen in markets will change people's thought process in households where thinking about changing their behaviors to be less the bully and when it comes to shopping. is that what you are seeing, that financial conditions matter at this junction? shannon

we are even hawks like loretta master and christopher waller came out and said inflation is coming downrally for november is the cpi. that came out on november 14 and we sell some information and data from the pce that inflation is falling. i'm looking to see what powell is going to say today. i don't think he'll say anything new. i think he'll be a cut-and-paste that we will be data dependent inflation is coming down and let's see if jay powell is as stubborn then inflation i think that's a risk to the market. maria: rebecca jump in one of the reasons the market has been so strong is the expectation that rates will go down. if rates go down in the fed is forced to cut isn't that in response to exactly what jamie dimon is talking about a potential recession. >> exactly the whole story that we had bad news is good news, the market is anticipating that things are slowing down and even though cpi is coming down it reminds with the beginning of japan and stagflation, deflation we push so hard to get people to stop spending and stop having money and savings that now the savings have dwindled

cleveland fed president loretta masters is pushing back on that today saying markets have gotten a bit ahead of thepss and just this morning chicago fed president goolsbee told our steve liesman the fed is ready to hike again if inflation is not under control. >> as long as we're being data dependent and we're getting external shocks that drive inflation back up or make us feel like the economy is overheating, i would be prepared to take that into accot and keep adjusting the policy. so our job as central bankers is to be paranoid about everything. to be on the lookout for what could go wrong >> let's bring in cnbc senior economics rerter steve liesman, welcome to you both dave, let me kick things off ask then bring steve into this and talk about why ts is a moment when we could be off to the races with rate cuts and sitive market pect eggs and all of our worries are behind us. >> i don't think all of our woies are behind us. i lake what austin said today. they should be always on the lookout for things that will go wrong, but it'nice to have them in a position, kelly, where they can r

her 33rd nomination in meryl's being recognized for her supporting performance as aspiring actress lorettas in the building she's won eight golden globes for her work on both the big and the small screen. john gregory, abc7 news. >> meryl streep is something else. well, the golden globes awards ceremony will be held on january 7th. coming up next, how a national decision could have an impact right here in the bay area. >> we are talking about your health. plus a rare request by the special counsel to get an answer to a critical question does donald trump have immunity from the state that's already helped millions of people like you get and pay for health insurance. with financial health to lower the cost of health coverage, you could get a quality health plan for less than $10 a month. every plan covers preventive care, doctor visits, emergency care, and more. if you have questions, we're here to help every step of the way. covered california. this way to health insurance. enroll by december 31 at coveredca.com. loving this pay bump in our allowance. wonder where mom and dad this got the e

. >> judge loretta preska as january. 1st to be day when more than 170 names will be released as part of their association with a civil lawsuit that was settled in 2017. but we know that many of the people on that long list of names could be friends, associates or even victims of jeffrey epstein. the judge also allowing individuals to file an appeal asking that their names either be redacted or sealed, essentially blocked from becoming but that has to happen before those documents are formally released on january. first, i mean, while we know that many of those names or at least some of them are notable and known associate of jeffrey epstein. again, they're all a part of what was a noun settled civil lawsuit against ghislane maxwell brought by virginia giuffre giuffre accused maxwell of helping epstein abuse her by arranging travel plans. a low with setting up meeting times and places to facilitate her abuse. maxwell is now serving 20 years in a federal prison after she was convicted in 2021. >> for her role in game to sexually exploit and abuse multiple teenage girls with epstein ove

. >> judge loretta preska has water in january. 1yt to be day when more than 170 names will be released of their association with a civil lawsuit that was settled in 2017. but we know that many of the people on that long list of names could be friends, associates or even victims of jeffrey epstein. the judge also allowing individuals to file an appeal, asking that their names either be redacted or sealed, essentially blocked from becoming but that has to happen before those documents are formally released on january. first, i mean, while we know that many of those names or at least some of them are notable and known associate of jeffrey epstein. again, they're all a part of what was a noun settled civil lawsuit against ghislane maxwell brought by virginia giuffre giuffre accused maxwell of helping epstein abuse her by arranging travel plans. a low with setting up meeting times and places to facilitate her abuse. maxwell is now serving 20 years in a federal prison after she was convicted in 2021 for her role in game to sexually exploit and abuse multiple teenage girls with epstein over a

district judge loretta prescott b, who has ordered the release of documents that were part of epstein victim virginia giuffre's lawsuit against epstein's right hand woman, maxwell giuffre previously accused britain's prince ell. of her when she was a teenage victim of epstein. pla >> andrew paid a settlement to giuffre last year. now, many of the namesa sett are expected to be of passengers on epstein's private plane, which was frequentlyengers o used to ferrr underage girls to his private island. >> some in congresged girls sayi the public has a right to know those names. >>he p we need to know who was o that plane, who was participating this. they redacted those recordsd in the lane maxwell trial. but getting to the bottom of this is important. >> but aof republican congressman, tim burchett of tennessee, says he believe tennesssays hs the rs full flight logs might be blocked because too manf yna. his, quote, colleagues would be named. epstein died in jail af course in august 2019, about one month after being arrested on trafficking charges. his death was ruled a suicide. >> kelly.'

us judge loretta preska ruled on monday . loretta preska ruled on monday. more than 170 associate friends and victims of epstein should be made public. they include 40 documents of evidence from johanna sjoberg, who has claimed the duke of york touched her in appropriately while sitting on a couch inside epstein's manhattan apartment in 2001, buckingham palace has previously claimed the allegations are categorically untrue . this is gb categorically untrue. this is gb news across the uk on tv, in your car on digital radio and on your car on digital radio and on your smart speaker by saying play your smart speaker by saying play gb news now it's back to andrew and . pip. andrew and. pip. >> well , let's see what you've >> well, let's see what you've been saying at home. some people are also quite exercised by the bbc sports personality or should i say non—sport personality of the year. >> yeah, you are not alone. andrew roberts. good morning to you. you say or given an example as an example , ronnie as an example, ronnie o'sullivan, the snooker player , o'su

so this american judge, loretta preska , has, uh, has asked for preska, has, uh, has asked for these ordered the unsealing of hundreds of files. so she's obviously going to hang herself over christmas that i've seen these names by the way, they circulated online shortly afterwards. well, that was the black book. but i think this is a this is a separate. oh, is it a this is a separate. oh, is it a separate thing. >> yeah. yeah. so what are these people. >> uh, so i'm not i'm not entirely they are, but entirely sure what they are, but this um, is high profile. this is, um, is high profile. >> another contacts list, right? >> another contacts list. i don't these were the don't know if these were the people who are actually, you know, that, know, let through that, uh, you know, let through that, uh, you know, curtain. know, that that velvet curtain. oh, know, that that velvet curtain. 0h, mean, know, that that velvet curtain. oh, mean, the people oh, okay. but i mean, the people he's on island, you he's had on his island, you know, his private jet, you know, on his private jet, you know,

loretta messer said as much in the ft this weekend. markets are a little bit ahead she said.going to normalize quickly and i don't see that. the market has ignored it. >> totally. >> last week 3.88. >> it's hanging right in there. what do they see that fed is not telling them? >> that the fed, when it starts cutting, doesn't usually stop cutting. it's not making adjustments. it's bringing it down to neutral where it doesn't disrupt growth, and from there the market thinks the fed is going to cut further. the question is does that have anything on the recession along with it? will they be able to do that even? look, oil prices, i don't know if you guys were talking about this morning with the bp decision to stop shipments through the suez canal because of the houthi rebels, in the red sea, on top of almost every major shipping company stopping shipments, hard to tell how prolonged this will be. the instinct the shippers will see higher rates, longer delays, supply chain issues, not what we need at this stage again. it's a risk i wanted to point out while we're talking about in

. >> loretta scott king. do you know who that is? dr. king's wife. michelle obama.am doing great things, not just for me, but for my culture and for the world. that is actually the position i'm in. the woman with me needs to be a great woman. >> reporter: majors did not testify in his own defense, but his attorneys tasked him as a victim of grace jabbari's aggression. if convicted he faces up to a year in prison. guys? >> aaron, thank you very much. now the 32-year-old woman accused of posing as a high school student. she faces new charges after pretending to be a traumatized child while collecting a salary as a massachusetts social worker. trevor ault has the story. good morning, trevor. >> reporter: good morning, george. investigators say this all began when a man claimed he was withdrawing his daughter from school because she was bullied even though she had just enrolled in the school a week prior. school officials thought something was up. prosecutors say that student was a woman in her early 30s. this morning the massachusetts woman accused of posing as a bosto

few attorneys general we have had, jeff sessions, the current guy, going back to eric holder and loretta lynch. these people thought they were the president's lawyer. they are not. they are your lawyer. we need to have a president who says, you go and do the job and enforcing the rules, and as long as you do it fairly and evenly and consistent with the law, i'm not going to bother you. go do your job. i would do that regarding any of the issues you just talked about. on the health into -- health issue in particular, during covid a lot of those rules were not being enforced when we were in a real crisis. it can't happen again, because if it does the american people have no faith in our medical system, and that is dangerous. on your first part, i really agree with you, and that is why i'm running. when you say i want to believe in my country again, that this country can be the country that i have always loved and can be that way again, if there is one reason why i am running, that's it. i just watched what was going on with both parties, but particularly with my own, and said i can't stand

cleveland fed president loretta mester said the fed is jumping ahead. in the interview, mester pushed back that the central bank will pivot. we are back to pivoting to lower borrowing costs. mester is a voting member of the fmoc. we will talk to austan goolsbee about her comments and maybe he has comments of his own. he is no slouch when he joins us in the 8:00 hour. i would be embracing my previously stance of a dovish stance that austan said the whole time. i would claim i have been vindicated. i don't want to put words in his mouth. >>> investors prepare for the first day of the week after the record high. joining us is stephanie link from hightower. we can't get away from it, stephanie. the big tech names like apple and microsoft. it is the big story in "the journey." it jumped 75% in 2023. it said leaving the other 493 companies in the s&p 500 in their dust. left these other companies in their dust. stephanie, it says that. it must be true. i see what they mean, anyway. >> well, we actually have seen in the past month a healthy rotation, joe. i'm e

us judge loretta preska ruled that documents relating to more than 170 associates, friends and victimstein should be made public. they include 40 pieces of evidence from johannes sjoberg, who claimed that the duke of york touched her inappropriate only while sitting next to her in side epstein's manhattan apartment. in next to her in side epstein's manhattan apartment . in 2001, manhattan apartment. in 2001, buckingham palace has previously claimed the allegations are categorically untrue . go on tv, categorically untrue. go on tv, onune categorically untrue. go on tv, online dab+ radio and the tune in app. this is gb news is britain's news channel . britain's news channel. >> i've got to start the show with an urgent warning. don't . with an urgent warning. don't. you dare get sick for a week. that's because militant junior doctors have gone on strike and they're gloating about it. a chap called doctor lawson hughes, a first yearjunior hughes, a first year junior doctor in yorkshire, tweeted that was now until after that he was now off until after christmas and god bless the bma peopl

we are going to start in cleveland, ohio, loretta on the democratic line, go ahead.good morning to you. good morning, star. and good morning america. star, we tend to go back to the 1990's. i know you probably do not remember me, but i called in and spoke with you over the years. when you mentioned renewal, that brought up terror in my history because every time urban renewal has been used, it tore up black neighborhoods, black communities, and built all of the highways. we know that. you need to change the name of urban renewal because it does not ring right in the black community. second of all, i want to know whose culture is jacked up, whose culture is tore down? we have been here before anybody else. black people were here. for society to step over those who have built this country, i think we probably need to go back to the drawing board, girlfriend. guest: a lot of people do want to go back to the drawing board put they want to go back to the fissions of the country the founders envisioned. the principles of chris canty, the virtues of capitalism, and the rule

we are going to start in cleveland, ohio, loretta on the democratic line, go ahead.good morning to you. good morning, star. and good morning america. star, we tend to go back to the 1990's. i know you probably do not remember me, but i called in and spoke with you over the years. when you mentioned renewal, that brought up terror in my history because every time urban renewal has been used, it tore up black neighborhoods, black communities, and built all of the highways. we know that. you need to change the name of urban renewal because it does not ring right in the black community. second of all, i want to know whose culture is jacked up, whose culture is tore down? we have been here before anybody else. black people were here. for society to step over those who have built this country, i think we probably need to go back to the drawing board, girlfriend. guest: a lot of people do want to go back to the drawing board put they want to go back to the fissions of the country the founders envisioned. the principles of chris canty, the virtues of capitalism, and the rule

us judge loretta preska ruled on monday that documents relating to more than 170 associates, friendsnd victims of epstein should be made . public. made. public. and so, look, uh, have we got pictures of ellie's cat yet? >> no. okay right. we'll we'll hold that story. that's that. says it's a it's a heartwarming story about abandonment at christmas on a snowy steppe. and someone who took the pussy indoors and loved and cared for it. would you like to have been taken indoors by ellie today and cared for and nurtured ? we've cared for and nurtured? we've got the full story coming up. >> coming up for you on breakfast. very good teas. now, the question on everyone's lips will there be a white christmas this year? well i would like that very much. the met office has said it's highly likely that the country is set for snowfall, particularly in the north, but it won't be pictured perfect. >> the leading weather organiser , nation, has issued a danger to life warning in the build up to the big day. now this is tomorrow. large parts of the country expected to experience really, really strong

the decision by judge loretta preska has been welcomed by prince andrew's accuser, virginia giuffre.ein associates, victims likely to be publicly id'd in court docs in coming weeks. publicly id'd in court docs in coming weeks . thank you and many coming weeks. thank you and many blessings for judge preska, blessings forjudge preska, a truth seeker and justice maker. well joining us now to discuss this further is journalist and royal biographer angela levin. >> very good to see you this morning. thank you, angela, and tell us a bit more about this. so expecting list of so we're expecting this list of associates of jeffrey epstein to be released on new year's day. >> yes, i there's going to >> yes, i mean, there's going to be people who are not be a lot of people who are not going to enjoy this christmas. it's coming out at it's coming out right at the beginning , and it's beginning of january, and it's anyone anything to do anyone who's had anything to do with it will be a huge with him. and it will be a huge revelation. apparently some of the names are extremely well known and will s