manus: he's got a bloomberg.i: why else will really be talking to him -- why else would we be talking to him? [laughter] no, he is brilliant. does this not reduce credibility where you have a situation that markets are dictating policy? gordon: markets dictate policy because markets are the weighted opinion of where we are going. you have to trust that more i think than a politician that wants to be reelected in a few years. manus: that is on the assumption that the chancellor and current prime minister endure beyond the end of the week in birmingham. gordon, thank you. what does your reprieve in the pound look like? let me show you the pound, from hell and back. looks like a backtrack on the 45% tax rate for high earners, off the table. 11185. confidence void, clarity void, credibility void. the three c's that imploded the pound, destructed the gilt market and pilloried the tory party. it might be the beginning of a backtrack. dani: so much bad was priced into sterling it was primed to pop. it something we look

manus? manus: thank you very much, simone foxman.dit suisse with more news, the chief compliance officer is set to leave the firm in the coming weeks after spending just under a year on just about a year in the post. we understand his departure is not related to the strategic overhaul credit suisse is set to announce this week. to date, credit suisse down. we need to ask how much capital credit suisse needs? will they tell us answer when we sit down with them later this week? they are coming to london to do the interview. $4 billion, between $4 billion and $9 billion. will they do bonds, will they do convertibles? would you buy it? who is the sovereign investor that makes it side-by-side with the ceo? they braked in $12 million in terms of capital from investors. how much more they need? for sale, the asset management business, spg could be for sale and indeed other parts of the business. the mandarin oriental, savoy in zurich, hard assets, the latin america wealth business. what is credit suisse? will the real credit suisse stand up

europe still down .1%, manus. manus: lovely around up, let's talk about the fed.y struck that cautious tone in the beige book as it noted that u.s. economy grew modestly with risk of recession rising, and outlooks undimming. the minneapolis fed president kashkari said the bank could potentially pause interest rate increases at some point next year, but only if there is -- there is a paid if in the story. >> i want to see confidence that core inflation has peaked, then i will head back down in the right direction. financial markets are suggesting inflation should fall rapidly and the new year after. i certainly hope they are right, but have not yet seen evidence of that in play. dani: joining us now is nina skero, ceo of the centre for economics & business research, if we are looking at a china that is slowly moving towards opening quarantine and oil punches higher, do we need to rethink how fast the fed is hiking? nina: the story out of china is important, and it's perhaps not too shocking. we were saying just a couple of weeks ago, that we're going to probably se

manus: let's extrapolate.lion in capital, two billion from asset sales, four billion in equity. do you just dump the investment bank or turn it into u.b.s., investment bank light? feed the puppy, feed the wealth management? andrew: ultimately that is what, i would say, lots of the recent credit suisse business plans in the past few years have all kind of gone in that direction gradually. i would says this time to make a more decisive move in whatever direction management chooses. it has to be decisive. it can't, in our opinion, should not be an incremental plan. it has to be a much more desitessive move. if we look at where that's worked in the past, with deutsche bank, it's been a decisive move. shrinking of the big business. dani: we're almost out of time, i want to squeeze this in. you talk about the idea that credit suisse will be a buy. at what level are they a buy? 10 seconds here, andrew. andrew: we'll need to wait and see how much. see what the strategic plan is going to be. it's all uncertain at the m

manus: it's your friday edition of daybreak europe with manus cranny, that's me, and dani.i: amazon shocks the street, projecting the slowest ever growth for the season while apple warns of a slowdown. elon musk will take the role of c.e.o. at twitter, bloomberg reports, after pleating the contentious $44 billion deal he feel also plans to scrap permanent bans on users. ermt c.b. policymakers weren't unanimous in the size of the rate hike with several wanting a smaller increase. >> it might well be several meetings. how several is that will be determined, meeting by meeting. we know the path. we know the journey. we know the destination, which is not as clear as a figure that you would like to pin down. because we cannot do that. manus: christine lagarde,ed of the e.c.b. equinor beat estimates to boost its extraordinary dividend. it's going to come in at 70 cents from 50-cents for the third quarter. a two-cent boost. let's get anders opeddal, why did you not increase the ordinary dividend? we have this extra dividend but why not move on the ordinary dividend? and does that

manus: former u.s.reasury secretary larry summers on his outlook for the economy to keep tightening. christian kopf is our guest, head of fixed income at union investment. with the drawdown in the bond market, this collision course is breaking something. we are far from broken in the treasury market, we are just getting started with this drawdown by central banks, is it a fracture or the beginning of a break in bond markets? christian: i think it is neither a fracture nor the beginning of a much bigger selloff, i think we are nearing the end of a selloff. if we look back in 2020 this has been a year of three parts. the first part went from january to june 15 and was marked by rising market yields and falling prices. then a recovery from june until jackson hole. then from jackson hole onwards we have had a second selloff all the way to the current levels we're seeing. i think we are moving into restrictive territory now, and we're seeing the first signs that central banks are becoming less hawkish. the p

manus: taking a stand. china's president xi backs covid zero at his party congress and doubles down on the policies. chinese stocks slide. the eu plans a temporary overhaul. the gas market with a dynamic price cap. the latest effort to rein in soaring energy bills. dani, good morning, it was captivating watching the spectacle of the downing street press conference friday night. the gilt market reacted with some verlyn's. -- virilance. good morning. dani: the pound moving higher, at least confident there will be a full u-turn. will we get details today? we are looking at a headline, the u.k. chancellor will make a statement today on the new fiscal plan, that is jeremy hunt, who spent the weekend talking about this idea, as we heard. that those tax raises need to stay in check for now. manus: there is still a confidence void, still a credibility void. the only void they can fill is the fiscal unfunded gap and the question is, how much more brutal will he be with u-turns and how much longer will she be in powe

manus: it's your friday addition of daybreak europe with me, manus cranny in dubai and dani burger inn. dani: u.s. inflation hits a 40-year high, all but guaranteeing a jumbo rate hike next month by the fed. the s&p 500 swings for a loss to close 2.6% higher torching the bears who sold in the wake of yesterday's cpi report. liz truss abandons key measures of her market agenda following weeks of market turmoil. kwasi kwarteng races back from washington vowing to press ahead with his strategy. >> our position has not changed. i will come up with the new fiscal plan the 31st of october. what i am focused on is delivering on the mini-budget. manus: so dani, the consequences of that potential u-turn from number 10 turning on number 11. the hottest cpi since 1982, and you had the whip around rally in stocks. you are looking at dollar-yen spectacular. mini-intervention, the dollar-yen at a 30-year low, nothing can stop the rot. dani: yesterday was the biggest turnaround in u.s. equities since the data started in 1990. the gains continued today, up more than half a percent for s&p futures. na

manus: u.k. prime minister liz truss faces a showdown in commons today amid a tussle at the, while the bank of england prepares to start delayed bond purchases. netflix can chill, shares shoot up in late trade after posting a beat on subscribers, after nearly a year of disappointing results. wall street continues its rally with an upbeat earnings season, asml hits the tape, nestle follows. with that in mind, good morning, asml, europe's largest semiconductor equipment maker, sales went from 6.1 billion to 6.5 billion, the estimate was 6.5 billion, and net sales in the fourth quarter expected to be 6.1 to 6.6, the estimate was 6.13. 15% of revenue comes from china, dani, good morning. dani: we are watching for any commentary on new u.s. export restrictions to china. growth margins were a beat, estimates have been 49 and a half, there estimate for the fourth quarter growth margin is weaker than expected. the estimate had been 50.3, two key customers tsmc and micron have cut spending, so that is a h

manus: exactly. other red headline is of course they are going to raise 4 billion overall, a radical overhaul at the investment bank. the swiss national bank taking on 9.9% equity holding in credit suisse. the qataris haven't shown up yet, nor have the m iraqis -- emiratis, we understood it would be the sovereign wealth funds that would step in here. the workforce will be measurably changed from 52,000 down to 43,000, a monster set of job cuts. the headcount cut of 2007 our jobs is already underway. dani: it's tough regardless of where you are even for wealth management. you talk about this line earlier. they saw significant deposit in a um outflows in early october. the cfo saying that social media noise led to wealth outflows. we saw strange rumors on twitter last month about the idea of potentially a bank going under. those were completely unfounded, manus, but that led to panic over the weekend. the cfo saying that social media noise led to wealth outflows. the question is, where did those outflo

manus: u.s. futures point to an extended rally on wall street as asian equities broadly higher after downing street's reversal and positive earnings. tom: -- manus: plus sources say credit suisse is considering divesting its u.s. management business and make it interest from private equity firms. good morning, tom, good to have you on the early shift. this headline that there may be a pause in you take until the -- in qt until the gilt markets calm. but it is pervasive across all risk markets. tom: adding onto the risk on sentiment, we saw that very strong close for the nasdaq and s&p and we will break that down in more detail. as you say, the ft reporting that the bank of england has again delayed or is planning again to delay quantitative tightening, it did that at the end of the month and now a further delay. we did know there was pressure on the bank of england to consider this. the financial times saying officials at the bank of england said they came to the decision after looking at the gil

i'm dani burger in london manus back in dubai. manus: the u.k. chancellor says the boe will be to blame if markets tank after bond buying ends. asian stocks and treasuries decline before today's critical inflation print. plus, as opec plus trims its demand outlook, u.s. officials fear the russian oil price cap plan may fail. this as vladimir putin warns all energy infrastructure is at risk. dani, one thing is for sure when you are looking at gray swan and black swan events, it's not like 2008, it's multiple attacks and the gilt market is the personification of ground zero left tail risk and gray swans rising. dani: on a day like today, where we look at fire sales coming from pensions ahead of cpi, why put risk on your book? yes, stocks are down in europe, we are seeing consolidation everywhere else save european equities and ftse 100 futures. those are down .5% for europe, the ftse 100 underperformed yesterday. what got hit was asset managers in the u.k., these fears of fire sales, and property developers with mortgage rates shooting higher. the

this is bloomberg, manus?us: simone foxman they at delhi financial center --there at doha financial center. jamie dimon says headwinds are likely to push the u.s. into recession by the middle of next year. speaking with cnbc, he said europe is already in a downturn and is likely to put the u.s. in some kind of recession in the next six to nine months. the head of the world bank and imf sounding alarms, the imf director said higher u.s. rates are starting to bite. and the world bank president warning of real danger of worldwide contraction. let's unpack all of this, we are joined by the chief economist at high frequency economics. carl, some pretty brutal warnings from imf and world bank. jamie dimon same recession in the next six to nine months, does 4.5% from the fed delivery a hard landing or just a mellifluous slowdown? carl: i think the notion of a soft landing is a nice dream. but it's something central banks have rarely been able to deliver. almost every experience in my career, which goes back many year

manus cranny is in vienna still. we also have another correspondent with a breakdown of a political meeting. we are joined by singapore for update. an action-packed 24 hour. the most in two years. that is directly from the white house counsel director. president biden is disappointed by the shortsighted decision. >> we are disappointed that they made this decision. we think it is unnecessary. if you look at the global environment were supply continues to be the predominant challenge, we have been working for some time to take and encourage action to make sure that supply actually matches demand. dani: on top of that, the eu has new sanctions. let's head to vienna from here. manus: i was in the car on the way here and i thought, what do we do in vienna? we jumped up 6.5% in a week. clear, collision course with the united states of america, a vast amount of capital with the kingdom. in the conversation, we are asking to be drawn into the response. course, the red headline is the russians. it is about the price caps. on

manus: that uncertainty is what is irking everybody. let's listen to his royal highness, prince abdul-aziz bin salman. >> lack of clarity. and that we still have two months to go for these to be activated. these two months would be a period of uncertainty. we don't see what would be the reaction of the market participants. manus: he reaffirmed his message that the markets were fragile and illiquid. i asked if this was the start of jumbo cuts to come, going listen to the whole interview -- go and listen to the whole interview, it is about central banks taming inflation at any cost the growth. i went back to him and said you are stoking the flames of inflation, but it may be one of many to come. francine: it was a fantastic interview. i just think the world economy is going to be much worse than expected, or they are just trying to give russia a helping hand. manus cranny with all of those exclusive interviews and he will have plenty more. let's bring in kristine aquino and the chief investment officer at neuberger berman. i'm looking at

manus: did you say mild recession?> there is always this terminology, deep or moderate, two or three quarters, doesn't matter. for the u.s. market, that market is so dynamic so the rebound will be good. the job numbers are still good, household numbers are good, so further increases in yields will not be so detrimental to the economy. francine: that was they ubs chief executive ralph hamers speaking to bloomberg's manus cranny this morning. let's bring back tatjana, what you do with banks, is there an opportunity with european banks? tatjana: i would be careful with taking too big bets on sectors because we have a lot of unknowns, a lot of types of uncertainty mean if you take a large bet, you can get caught on the wrong foot. we don't know where they conflict with ukraine is going to lead us. and we don't know what is going to happen with fiscal policy and how favorably it will play out for banks. what we see in the subordinate market, the credit financials, that clearly there is potential to the downside. this is qui

dani: that is our very own manus cranny. moving to the world of geopolitics, luis ignacio lula da silva has won the brazilian election after narrowly beating jair bolsonaro in a comeback. beat the incumbent with 59% of the vote but bolsonaro has not yet conceded. >> luis exhaust see over lula da silva has made a dramatic comeback. he won the election by a narrow mark, saying in a speech that the economy must improve everyone's alive. -- everyone's lives. the initial reaction was positive, perhaps a nod to the close election that may move the leftist president to a more economic center. lula says brazil will regain its credibility to learn investors -- lure investors. dani: let's take a look at the market reaction. japanese listed etf that tracks the brazilian index was at one point up 4%, but it is a light volume on this, not the most heavily traded thing, but still indicating a positive than the brazilian equity market. let's look at other key things we will be watching out for. today we will get euro area cpi at 10:00 a.m.

and of course manus cranny. we are missing him in london but he's going to be in vienna all day covering opec. twitter shares soaring after elon musk revived his bid to buy the social media giant at the original price of $54.20. he had previous efforts to quit the deal. bloomberg had the story first which was then confirmed by a letter must filed with the sec. -- musk filed with the sec. so what now? >> it certainly looks as though the court case is done. elon presumably completes this deal. it seems that the die is cast. he's now going to pony up the money and perhaps more significantly, the banks have to find a way of financing this. dani: that is such a good point. that markets are absolutely dead at this point. there was this discourse of everybody wants to see him forced to buy twitter. now there is discourse, what does a twitter with elon musk look like? >> what emerged from the discovery, not least his text messages, is he wants to end bans of people. the most prominent person that will affect, dominant t

manu: yes. it is good that you started by giving a little bit of background on how the infrastructure was supposed to be managed around this area. let's not kid ourselves. this issue is more than a water management issue. i know the minister has talked about the rains being unprecedented. while yes, the rains are heavier this year, all the rains and the flows of the rivers have been studied for so many years and all of this is predictable. so you have issues of poor town planning in nigeria, pour water management in nigeria, and talking about the case of cameroon, cameroon built a dam anticipating nigeria to respond with a dam that could manage their flow. cameroon informs nigeria of its necessity to release some of the water in the dam. nigeria does nothing. and when the floods come, as they have come, nigeria tries to use cameroon as the scapegoat. so we have to be clear that this is an issue of poor governance. as the other speaker said, this has implications on economics. if you went to buil

manu raju is on capitol hill. what is speaker pelosi saying about this? >> they've only commented through a spokesman so far. the spokesman indicated -- laid out essentially what en laid out in his reporting. that someone broke into their home at night, overnight, that attacked paul pelosi, who's being treated in the hospital, expected to make a full recovery. the speaker herself was not in san francisco at the time. she was in washington. that is a significant part in which a lot of the lawmakers are reacting to privately and has gotten a lot of attention. the fact she has security detail travels with her. that does not extend to lawmakers' families. also security does not extend to beyond the leadership in both the house and senate side, among republicans and democrats. rank and file members don't have that level of security as well, leaving them open to security threats. leaving -- opening up some questions about what else should congress do to enhance security at the time of rising threats and rising violence against members of congress. against famil

manus: why are we here?y are deeply concerned about global recession, we are looking at jobs numbers. we are all paranoid about the state of the global economy, and the pending gloom. that is the downside risk. the upside risk is that russian production conveyed, -- could fade, sanctions could squeeze the markets higher. the oil man from russia, the perhaps nuanced twist is the apoplexy in the white house, they are in full panic mode. >> democrats thought they got a reprieve one oil prices fell. they are facing difficult elections in november. the last thing in the world they want or need is anything to cause prices to start marching up again. manus: more emergency releases from the spr is on the agenda. exports control for refined products? congress, and the one phrase that strikes angst in the main bulwarks of opec is nopec, that is one a sovereign is in a lawsuit, and that changes the game for congress. tom: manus cranny in vienna for that important meeting of opec+, implications of potentially 2 million

manus cranny and in a few seconds, we will hear manus speak with ubs chief executive ralph hamers. the concentration is the outlook. they say the ongoing war in ukraine means that the bank is keeping a cautious stance. with that in mind, let's listen into the conversation between manus cranny and ralph hamers. >> volatility in the foreign exchange markets where we profit a lot, but you also see volatility leading to further uncertainty with our investors or clients on the wealth side. that uncertainty is translat

manus: it's going to be the same story.amie dimon and jp morgan -- i need to check whether they had a record net interest in this quarter, but i would need to fact check. it was good. that is going to be -- if you can deliver on that and have not just a dollar book, but a material european book, which some of these -- santander is tomorrow, and standard chartered as well. guy, that is going to be on the interest rates on asia as well. so, you know, they might not get the tailwind, but santander will have a big u.k. book. harmon's, i asked him at the end of the interview, this is a talent pool, this is where you pick up resources, and this is about delivering predictability once we have rishi sunak's coalition. can i call it a coalition? scarlet: i government. guy: i think you just did. manus: government. thank you, scarlett. end of a partnership, and a long day. scarlet: credit suisse, i have to ask you whether hamers intimated anything when you used that word with him. manus: i tried. and everybody loves a trier. there is

manu, thank you very much. i want to go now to editor in chief of the dispatch and an "l.a.int, it is clear no major establishment republicans right now are banning rocker. you hear mcconnell, manu saying that mcconnell making it very clear that he is going to stand with walker, and walker knows he can survive this, he's not backing down at all. here he is. >> it's sad that people say october surprise. but you're destroying families. and this race is too important for me to give up or for me to stop. so october surprise is not going to phase me. >> look, they're willing to go ahead with whatever hypocrisy and dishonesty and whatever this whole thing could actually mean. could this controversy ultimately work to herschel walker's advantage? >> i think it's possible that it could work to his advantage in terms of this rally around the victim. herschel walker's playing a victim here, which i think is ridiculous. but so be it. i think, though, if you gave truth serum to virtually all the republicans that you name-checked there, they would all say, gosh, i wish we just had a gene

manu raju is live on capitol hill with his exclusive reporting.n't really always embraced walker. what is he now saying about walker's problems and the party's chances in november? >> reporter: i asked him specifically about that abortion allegation, walker denies he paid for a girlfriend to have an abortion 13 years ago and he said he plans to, quote, stick with walker despite the questions. he believes that the election will ultimately turn on other issues, such assara raphael war. but this is significant because his group has plans to spend roughly $60 million on the airwaves from now through election day, and he said he's been speaking with walker, quote, fairly often. now i asked him also about the midterm environment, how he feels about getting back in the majority and he indicated it is still too early to tell whether or not this would resemble gop debacle of 20 10 and 2012 when flaw ed republican candidates cost them at the polls. he said it was a problem in 2010 and 2012. whether it is a challenge or whether it is fatal or a big problem t

manu, do we expect to hear directly from speaker pelosi today? >> reporter: it's unclear at the moment. two statements have come from her office so far from her spokesperson, she has been very busy in the last several months and weeks. she's been traveling across the country trying to raise money for house democratic candidates who have been trying to hang on to the majority. the midterm elections are just a week and a half away. she's been appearing at campaign events and was back in washington when this attack occurred at her home. but unclear when she will speak publicly about this harrowing event, but she is with her family as they're going through this and as paul pelosi is recovering from that surgery. >> sanjay, what worries me is that he's 82 years old, and a skull fracture for an 82-year-old, i assume, is different than a skull fracture for a 30-year-old. >> no doubt. you've always got to take age into consideration with this sort of thing. the doctors have telegraphed a pretty optimistic picture here, having said that, even before the o

joining us now with his exclusive report, cnn chief congressional correspondent manu raju.g to hear him describe it like this, manu because it's a different tone from other republicans who are pretty optimistic heading into the midterms. >> you hear from rick scott on the republican side saying they think they'll get a couple of seats and be in the majority. not mitch mcconnell because he has seen what has happened in elections past, namely two bad election cycles for senate republicans, 2010 and 2012 when they nominated flawed candidates and in the general election, those candidates in states like delaware and nevada, indiana, they petered out. they lost those races and as a result, mcconnell was in the minority until they retook the majority in 2014. when i asked about this midterm environment he made very clear, it is uncertain, the flaws that have been exposed by these candidates will be fatal or pra problem, we can get there at the end of the day. he said it's uncertain, a positive one for the republicans, one that can end up as a debacle. >> despite what he has said a

manu raju, we've obviously heard from speaker pelosi's office. what are we hearing from other leaders there on capitol hill? >> we're hearing from both sides of the aisle. shock. members saying they're horrified by this expressing their simple thou -- sympathy and calling for paul pelosi's quick recovery. president biden reached out to the speaker today, spoke to the speaker this morning in the aftermath of the news of paul pelosi, the attack on paul pelosi. chuck schumer, democrat from new york also spoke with the speaker. the republican leader mccarthy is yet to issue a statement but a spokesman conveyed concerns he reached out to the speaker today. unclear if they also connelgted. then we're hearing some other republicans also raising concerns on social media. ted cruz among others about the political violence that we're seeing here in this country. some even urging republicans to go further. adam kie ken -- adam kinzinger tweeted when you convince people that politicians are igrigging elections, drink baby's blood, et cetera you get violence.

our manus cranny did a great interview with unilever ceo. return to one of our top stories, credit suisse tumbling after announcing plans to raise $4 billion to fund a sweeping overhaul. the bank announced thousands of job cuts after reporting is fourth straight loss. we asked for chief executive ulrich koerner if this is the final reset the bank? >> what is new in credit suisse, it is a much more simple, stabler more focused bank going forward. which will deliver sustainably profitable results to our shareholders. what is important if i may add, how we came here so to say, we took a hard look at the needs of our clients and designed everything around the needs of our clients. >> what was your overarching theme to come up with this plan? >> many different reasons. i think the bank is slightly too complicated. today the bank has parts which are not profitable enough from the shareholder perspective. that's why we came up with the need of taking very decisive actions in three different areas mainly. the one his radical restructuring of the inv

manu raju mentioned threats to mike pence. it wasn't much further than that according to communications. >> days before january 6th the president's senior advisers at the department of justice and fbi, for example, received an intelligence summary that included material indicating that certain people traveling to washington were making plans to attack the capitol. this summary noted online calls to federal buildings. >> norquist says during one of these calls the great ets threat is a direct assault on the capitol. >> their plan is to literally kill people. our lawmakers in congress can leave one of two ways. one, in a body bag. two, after rightfully certifying trump the winner. >> the chief of staff to former vice president mike pence testified thursday in washington before a grand jury investigating january 6th. a person familiar with the matter said mark sure was compelled to testify despite donald trump's claims of executive privilege. thursday was short's secretary appearance. >>> the u.s. supreme court has dealt a setbac

manu raju, thanks so much. let's discuss with my panel. let me start with you.e reasons i think it's fair to say, one of the reasons this story seems to have legs is because walker's son christian who is 23 years old and has been an outspoken influencer and trump supporter, went to a campaign event for his dad, he went online and social media and talked about it. here is a little more of what he had to say. >> lie after lie after lie the abortion his handwriting on the card, they have receipts whatever. he gets on twitter and lies about it. i'm done. done. everything has been a lie. don't lie on my mom. don't lie on me. don't lie on the lives you've destroyed and act like you're some moral family man. y'all should care about that conservatives. >> we should note that christian considers himself to be a conservative. do you think that's going to have any impact on the race? >> this is what we're watching for now. there is the initial "daily beast report" with the initial finding in there and herschel walker's son, a member of the family coming and alleging hypocr

manu raju on capitol hill.to stand by. >>> i want to bring in cnn's chief political analyst and national affairs analyst. gloria, what does it say about where the republican party stands right now, that key republicans right now are still rallying around herschel walker, some of them even getting ready to travel to georgia to campaign for him? >> they want to change the subject. they're worried they're going to lose the race. they want to take up some of the oxygen that's been taken up by herschel walker, who hasn't always been adept at answering questions about his problems with women. and they're going to head down there and they're going to try to turn this into a race about the evil democrats versus herschel walker. and you've heard rick scott sent out a statement saying the democrats want to destroy the country, they want to destroy anyone who gets in their way, they want to start talking about the issues that work for them, which are the economy and crime and immigration. they don't want herschel walker t

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we still have to get through november 8th, 2022. >> and manu raju joins us from milwaukee.printed -- before the midterms? >> anderson, it is not entirely clear. we are just campaign what he is doing, especially this week as we are reporting on this piece. they would not disclose his campaign events, and they wouldn't disclose that to other reporters as well. he did appear on fox news a couple of times. he did ask for some donations. now, on the democratic side, an outside group today was releasing an ad attacking johnson over his comments over january six. but that has not been a major focus of the democratic campaign. in fact, i asked mandala barnes why they have not chose to focus on that issue. instead he said we wanted to focus on other issues like economic ones instead. democrats still believe that there is a path to victory here, that market university poll that has barnes down by six points tested likely voters. it tested a larger set of voters, registered voters, it showed the race in a dead even race. so, democrats hope of they can get their voters to the polls, th

manu raju, cnn, new jersey. >>> how are democrats doing?arry entin crunched the numbers for erin burnett. >> most agree the house is leading the senate. in three of those four states what we see are democratic leads but what we see is their momentum is with republicans. you can see the democratic margin in three of the four states, georgia being the one that is not the case, we have seen three of four point movements towards the republican party over the last month and a half. for me, it seems like even if democrats and republicans are in the senate, momentum is on the side. >> they snapped the winning streak. spoke too soon. proctor and gamble beat estimates and the dow dropped 100 points or 1/3 of 1%. the nasdaq closed 92% lower, nearly 1%. whooifls inflation, the irs announced changes to federal income tax brackets which could mean uncle sam might be taking less out of your paycheck starting next year. cnn's max egan explains. >> reporter: today inflation is so high that they have to make these sweeping changes. let's start with the stan

problem in american politics is too much of the conversation is about the politicians. >> reporter: manuu, cnn, atlanta. >>> today is liz truss's day in the spotlight at a conservative party conference in england. instead of celebrating her new role as british prime minister, she is fighting for her political life. a series of missteps have brought criticism from labor and toris alike. bianca, this really is the speech of her life. >> reporter: this is the key moment and if you can hear a little hubbub in the background, max, that's because delegates are starting to make their room towards where truss will be addressing the conference. the stakes couldn't be higher. this has been an unqualified political disaster for the prime minister and the government, from u-turns to cabinet members openly breaking ranks which is highly unusual. you get the rebellious back benchers. when your own cabinet is coming out of their policies instead of pushing you into a corner, that is unusual. truss will try to unite the party in her speech after what has been such a difficult conference for her although

manu raju has those details. >> reporter: there has been bipartisan concern about what happened at the pelosi household. we have heard from republicans, democrats, in the house and the senate, about what happened here, condemning the attack. there's also been more reaction from democrats than from republicans. that caught the eye of adam kinz kinzinger, a republican from illinois, someone who has been on the outs of his party, who called on his party to do more. >> this is what happens when you convince a third of the country the election was stolen and that the other side is an enemy. you otherize people. you convince folks that your political opposition is out to get you and your family. i mean, this is the kind of stuff that every republican needs to speak out on. >> reporter: now, the top republican in the house, kevin mccarthy, has yet to weigh in himself. he's not tweeted about this, not spoken about this, not issued a statement. he did issue a statement through a spokesperson, not from him. the spokesperson said leader mccarthy checked in on paul and said he is praying for a ful

people are dying here, the call to remain sensible did not help manu avoid detention.olice found unregistered weapons and drugs on him, and investigators opened a case on the fact of organizing mass riots. now, however, history. apparently the newspaper is acquiring a new turn about him time, according to investigators, wild arman was responsible for all processes in the criminal world of kazakhstan for more than 5 years. he was helped in this by curators from the national security committee. arman allegedly cooperated for a long time, now with the former head of the fifth department of the knb , ruslan iskakov, who is also under arrest, he allegedly protected the guildivists from the attention of law enforcement agencies, and in the summer of 2021 gave the wild task to recruit physically developed outcasts in order to prepare them to further participation in the coup attempt. it is worth clarifying once again that this is only the version of the kazakh press with reference to sources of official confirmation. she has not yet found, but still cannot be ruled out. which

manu raju is here with me in studio. for more on what we know and the stunned reaction here in washington. >> we know -- we're learning a little more piece by piece through the course of this morning. we do know this individual when he broke into the pelosi home, it happened in the middle of the night, 2:27 a.m., according to the san francisco police, came in through the back door of the house and had a hammer in his hand, going into the pelosi house, attacked mr. pelosi with a hammer, was supposedly taken to the hospital. mr. pelosi, quote, is expected to make a full recovery and receiving excellent medical care. we're learning month are about that. it's so key to point out about the security detail and the security situation itself because she travels with u.s. capitol police but it does not extend to the family members themselves. we have seen through the course of this last couple of years, all this political violence directed towards members of congratulations who have had to boost their own security. they're not pr

>> manu, thank you very much.milwaukee for us, excellent report. >>> just ahead a top advisor to president biden joins me here "the situation room." we'll discuss his strategy and the agenda as the midterm elections close in. when you can't sleep... try zzzquil pure zzzs gummies. from the world's #1 sleep aid brand. its special formula helps you fall asleep naturally with an optimal dose of melatonin. so you can wake up refreshed. for better sleep, like never before. for people living with h-i-v, keep being you. and ask your doctor about biktarvy. biktarvy is a complete, one-pill, once-a-day treatment used for h-i-v in certain adults. it's not a cure, but with one small pill, biktarvy fights h-i-v to help you get to and stay undetectable. that's when the amount of virus is so low it cannot be measured by a lab test. research shows people who take h-i-v treatment every day and get to and stay undetectable can no longer transmit h-i-v through sex. serious side effects can occur, including kidney problems and kidney

jonathan: we've got my good friend manus with us.me through what we are expecting in the next couple of hours. manus: welcome to the bowels of opec. this is where the decision will be made. they will come here and talk about a monster pivot and a monster cut of up to 2 million barrels a day. is not going to change the narrative? may in real terms -- maybe in real terms but it is redefining the forward guidance. to the point you just made, they are -- in the white house. biden fist bumped his royal highness and what do you get? 2 million barrels a day cut. recession is the risk, recession is a moniker for this 2 million a day cut. by the way in the report, in the opec report, we will expect a demand growth of about 2.7 million barrels a day. lisa: is the russian energy minister they are, and how political is that? -- minister there, and how political is that? manus: it is the oil minister, not the gas minister. to a certain extent, the europeans have not. this is about solidarity with russia from the whole of opec. that is going down

su: that is russia's deputy prime minister alexander novak speaking to bloomberg's manus cranny -- manusu.k. prime minister promises to get the country back on track. details just ahead. this is bloomberg. ♪ ♪ >> the u.k. conservative party conference has ended with prime minister liz truss trying to rally her party and the markets. tom mackenzie reports from birmingham. tom: this speech by the u.k. prime minister was an attempt to regain the initiative. this leader has been weakened. weakened aftermarket turmoil that followed the many budget of her chancellor of the exchequer. we conductor a u-turn on a major tax cut proposal and also weakened by divisions within her own cabinet around her policies. but she stressed in the speech that she is sticking with what she describes as a progrowth center performs on policies. she said she wants to create a new britain. listen. >> i have three priorities for our economy -- growth, growth and growth. [laughter] cutting taxes is -- [applause] cutting taxes is the right thing to do morally and economically. cutting taxes means going for a better job

our chief congressional correspondent manu raju has a closer look at all the latest news from today's hearing. >> those in favor will say aye. >> aye. >> aye. >> reporter: tonight the january 6th committee escalating its fight with former president donald trump, issuing a subpoena for documents and testimony after compiling a mountain of evidence showing his role provoking the deadly attack on the capitol. >> we are obligated to seek answers directly from the man who set this all in motion. >> reporter: the move coming at the end of the committee's tenth public hearing after revealing new evidence showing trump planned all along to try to stay in office, regardless of the outcome of the 2020 election. >> trump had a premeditated plan to declare that the election was fraudulent and stolen before election day. before he knew the election results. >> the key thing to do is to claim victory. >> let's get right to the violence. >> if biden's winning, strup is going to do some crazy [ bleep ]. >> reporter: even drafting a prepared election day statement days before votes were cast, declarin

manu, this herschel walker news. the details but the political director fired 30 days out, walker is mad about something. he's in the middle of a controversy. he's mad about something else. it's risky to shake up your top campaign staff, the yurgent business. >> the way they have handled this controversy whether or not he paid for an abortion with a former girlfriend, which he denied vociferously at first, threatened to sued. has not sued. the second report came out and they said the mother of the child is the one alleging this, they declined to comment on that. then they denied it. herschel walker went behind the scenes for several days and went public yesterday, answer add few questions to reporters. they have been uneven, shall we say in how they have responded to this controversy. shaking up a campaign is never a good sign at this key moment. i do think i was in georgia earlier this week, interviewed a lot of voters. voters' views are very entrenched at this moment. we didn't really get a sense of the true real s

the campaign would not let manu in. >> how are republicans on capitol hill reacting?ke so republicans are standing by herschel walker. that's their goal, winning back the senate and the path to do so is partly through georgia. so the senate leadership fund, a group aligned with mitch mcconnell have come out with statements saying he has denied the allegations and they are sticking by him. i also spoke with a source yesterday who said they're not going to reconsider this $8.5 million joint ad buy they set aside with the walker campaign between now and election day. so they're maintaining their investments in the race, saying he has met their threshold, which is to deny the allegations and they're moving on. it's worth noting that former president trump came to walker's defense yesterday as well. walker was essentially a hand-picked candidate by donald trump much to the frustration of a lot of republicans who said from the get-go he was vulnerable and might have issues with electability but trump came to his defense yesterday. >> so much ahead in this story. thank you.

manu raju for us on capitol hill.nk you very much. >>> senior political correspondent abby phillips anchors "inside politics sunday." the two davids here as well, former senior presidential advisors. a cnn political political analyst. david axlerod a senior political commentator. there have been plenty of warnings, plenty of warnings about the lies surrounding the 2020 election that could lead to violence. so when someone who is seemingly brought into the lies, engages in a violent act like this, should anyone be surprised? >> no. i think, you know, when you legit mate the idea that the election has been stolen, the fundamental tenant of american democracy has been compromised, then what we consider an act of domestic terrorism is in the minds of that person an act of patriotism. and this has been legit mated again and again and again from the larm of president trump's rallies and also by other leaders in his party. look, there have been -- i remember the attack on steve scalise and the other republicans on the baseba

cnn's manu raju is following these breaking details coming in from capitol hill. what is the very latest that you're hearing? >> reporter: this is a scary and staggering situation that occurred, according to san francisco police, at 2:27 a.m. this morning. that is what we are learning that an assailant broke into the home of the pelosis through the back of the house and attacked mr. pelosi with a hammer. now, according to the speaker's office, mr. pelosi is in the hospital. he's received care and expected to make a full recovery. they give more detail in the statement from pelosi spokesperson saying earlier this morning an assailant broke into the pelosi residence in san francisco and violently assaulted mr. pelosi. the assailant is in custody an motivation is under investigation. mr. pelosi was taken to the hospital where he is receiving excellent medical care and is expected to make a full recovery. the speaker was not in san francisco at the time. the speaker and her family are grateful to the first responders and medical professionals involved and request priv

let's bring the conversation in studio to share reporting and zin sights, cnn's manu raju, jeff zeleny, and punch bowl's heather cagle. i want to get some of the conspiracy theories in a moment. first the speaker of the house, the election is one week from tomorrow, hshe's out busy helpig democrats. did see her yesterday. what is the impact on her? >> that's a great question because there's questions about what's going to happen after the elections and what will happen if the democrats don't keep the house. but she has been so busy this election cycle traveling across the country, raising tons of money for house democrats. yes, she's always been a target of republican attack ads, but she's essential to that effort to try to raise money, appear with some of these key members, along the stump to try to get them across the finish line. she's obviously not able to do that now. she's been dealing with this very serious situation at home. what impact does it have on -- come tuesday we'll see. she's already raided a ton of money. -- raised a ton of money. >> what we are seeing sadly is just t

i want to begin with manu raju. we're hearing from the speaker's office about this incident. what more do we know about the attack? >> reporter: we're still learning more about the stunning attack. she was not there at time but her husband, paul pelosi, who was 82 years old was at the time. and what wae're learning is an assail aent broke into the couple's home and attacked paul pelosi with a hammer. the speaker's office put out a statement of what they believe has happened. they said early this morning an assailant broke into the pelosi resident in san francisco and violently assaulted mr. pelosi. the assailant is in custody and the motivation is under investigation. mr. pelosi was taken to the hospital where he is receiving excellent medical care and the speaker was not in san francisco at the time. we have learned that the speaker was in d.c. at the time. she's been traveling across the country raising money, appearing in campaign stops as we head into the critical midterm elections. sometimes paul pelosi travels with her and oftentimes he does not. he has his own company,

here's cnn's manu raju with the story. >> herschel walker's senate campaign now reeling, up ended byosive report alleging the staunch antiabortion republican paid for girlfriend to get the procedure for a child conceive 13 years ago. >> i never paid for an abortion, and its ally. >> walker stayed behind closed doors on tuesday, with his aides refusing to disclose his schedule. even after the initially agreed to say where he would campaign this week. cnn, however, did obtain an invitation to an event hosted by prayer warriors for herschel at a baptist church in atlanta. but cnn was not allowed to cover the event or weight in the parking lot. even as a leading conservative activists, ralph reade, came outside to defend the candidate. >> i will promise you this. the voters of georgia are going to reject this kind of gutter politics. >> tell herschel author that you came here and answer these questions. >> this is a closed event, a prayer event with faith leaders. >> according to daily beast, walk in 2009 reimbursed his then girlfriend $700 for the cost of the abortion. the woman was not