member states from donna to set a goal in zambia, alleged that's the big 3 ratings agencies. moody's fits and s and p global ratings do not fairly assess the risk of lending to african countries. michigan, which is a lead lead expert for country support on reading agencies with the african union says, agencies on the continent understand the market better than foreign ones. that's what union says view used to explain diversity, do a full b. because if you see the dynamics seem to create a great name that's for you now for you guys being that the big city. if being on the move to apply even the domestic rating agencies that are based in africa. endive i'd meet at the largest in that that these african based rating agencies. they've got engage in understanding the domestic context of african using romance and a, you know, if you, we think that, that it's important to bring a different perspective in terms of opinions because invest is what they are looking for. these credible source of information in these drive these just to feeds towards the diversity do a for opinions in the created for the in

member states from donna to send a goal and zambia alleged that the big 3 ratings agencies, moody's fits and s and p global ratings do not highly assess the risk of blending to african countries. michigan, louise a lead expert full country support on rate to gauge and says with the african union . so he's agencies on the continent on this, on the market back to then following ones. the african union sat view used to explain diversity, doleful things. because if you see the dynamics in the creative virgin industry now for guys being that the big city, if being on the move to play even the domestic, creating agencies that are based in africa. india of, i'd meet at the large extent that, that these african based rating agencies, they've got in age in understanding the domestic context of african using romance and a email of you. we think that, that it's important to bring a different perspective in terms of opinions because invest is what they are looking for. these credible source of information in this drive is just to feed towards the diversity do it for opinions in the created pretty industry

the fact that moody's is warning of the credit rating change. s&p downgraded in 2011. tch was a big one this summer. moody's is still hanging out with the aaa rating. if they change the rating, you have all three major credit rating agencies not rating the u.s. aaa. that is interesting given it is the world's largest risk-free investment market to invest in. i think the economic impact of the shutdown is something that markets are factoring in as well. to give you numbers, goldman sachs put out a piece saying throughout a shutdown, the gdp can contract 0.2% each week. goldman expects the baseline of two-to-three weeks. that will shave 0.6% of growth from the quarter. >> when it comes to the potential of the downgrade, it has echos of what we heard from fitch a while ago with concerns around policy making in washington and the disagreement in what fitch called erosion of d governance in d.c. as we head to 2024 with democrats and republicans both looking to, no doubt, make dgais in the lead-up to the presidential election, this would increase and make the standoff more li

something moody's mourned would affect the u.s.'s credit rating. to walk through all of it, jill is standing by. this feels like quite the stark warning. >> it really does. there is a couple things we have to keep in mind when it comes to the moody's morning. obviously, they are not downgrading the u.s. from its aaa sovereign rating. but when you take into account the fact that fitch jested a downgrade not to recently, you have concerns about this government shutdown. i think the framing of this morning is interesting. they talk a lot about how there is not a ton of economic effects from a short-term shutdown of government. just the fact that we have been having this conversation is impacting confidence around governance and the u.s. relative to other aaa sufferings. combine that with that fitch downgraded which was really jarring and weighed quite a bit after. this is a pretty stern warning from moody's. kriti: pretty stern warning. you had warnings from the likes of kevin mccarthy. his middle name is basically austerity. he is trying to create so

s. president joe biden has already met with the indian prime minister and to render moody. 2 thirds of the world's population is represented at the summit, but the leaders of china and russia are not attending. database chief international editor richard walker is in delhi. he told me more about talks between joe biden and it is prime minister under, under moody to load the invite. and matt, just recently in washington are assigned of the real low growing closeness between india and the united states. and the american side just saying that they're going to be picking up on a lot of conversations loves the agreements they made during that meeting in, in washington. dc earlier in the year, and there a range of issues that uh, i'm sorry, big steps like for instance, an agreement to have american fighter jet engines manufactured in india, an agreement to sell military drugs to india. so they'll be picking up on those conversations. also planning for a plan to visit by joe biden, a major visit by joe biden to india in january next year. so one of that only kind of bilateral level, but of co

moody's, the last credit ratings agency to give the u.s. a top notch rating have to downgraded along with fitch and s&p? stuart: in the past we have seen this during the debt ceiling standoff with fitch and in 2011 with the s&p. it could be the case. i think that one of the things that is most important is that when fitch was deliberating whether or not to adjust the sovereign credit rating of the u.s., the thing that was cited the most is the key driver of this decision is just fundamental issues with governments, and any budget standoff speaks to how important governance truly is, apart from the fiscal trajectory of the united states which is rocky on its own, but governance issues in the budget standoff between mccarthy and biden, mccarthy and some folks within his own party. it speaks to the importance of the observation by fitch. paul: all right. jodi schneider and stewart paul of bloomberg on the looming shutdown for the u.s. government. let's see how asian markets are shaping up in the asia-pacific. some markets close. australian futures positive following on from a good session from u.s. markets

moody's, the ratings agency coming out and saying that would be a credit negative for the u.s. and we have already had a downgrade from fitch. we have seen in the past s&p so this will be one more move from the they grading -- rating and -- agencies on u.s. financing if we have a shutdown. let's get to ed harris right now and find out what this means in terms of a negative. if we get the shutdown, does that mean moody's downgrades u.s. that? ed: no, we have one more step. what we are looking at is a two step progress -- process. one is where the agency -- the rating agency says this is negative for your negative -- rating. then they would most likely move to the next step which is to put the u.s. on a ratings watch negative. then would come the downgrades of this is not as far as fitch went a week before the shutdown. they place the u.s. on a rating watch negative. this is likely before that. matt: what do we think would be the result of ratings watch negative, if they even went that far? the last time i saw an actual downgrade of the u.s. long-term debt profile, people piled into treasuries. >> the interesting bit is, we have seen different reactions

but has backed off our roadmap begins with the september slump for stocks s&p on track for the worst month since deese. >> moody'sarning a government shutdown would be negative for the u.s. rating. no surprise there. >> history in the making president biden would become the first sitting president to visit a piblt line he's planning to join strikers as those workers of the big three hit 12 days of walking out on their jobs. >> let's begin with the markets on track for a lower open on this tuesday jim, you've been watching yields, of course. you commented this morning about the 20-year in particular. >> yeah. i think weave been going toward -- i've been saying this to club members -- a -- let's just say the opposite of an inverted yield curve t inverted is what i'm calling it you've got 4.8, a 5.3. what i think can happen is on the 20-year you can usually get 6. let's say neel kashkari is right, one hike. then you have no more inverted yield curve. the problem is that -- when i go over stocks, locking in a 4.8 is considered to be really pretty terrific. >> it's not bad. >> it's not bad. >> 4.5 for ten years is not

let's remember moody's are the only ratings agency to still have the united states on a triple a rating with the previous two with fitch and sne so previously. of course 2011 who can forget the s&p downgraded the u.s. already from that triple a status and just in august having seen the u.s. having been downgraded there. one more ratings agency holding out but really saying this will be a week -- it may not necessarily be a long shutdown but it is enough to make people wonder whether the united states can keep up with all of its payments consistently for a number of years. >> and another negative headline here is that global trade is falling at astonishingly fast rates. tell us more about that. >> yeah, i seem to be the bearer of bad news unfortunately this morning. that certainly is the case. trade volumes down 3.2% globally. that's as you said the worst figure, the steepest drop since early months of the coronavirus pandemic. that's august 2020. it's on the back of, for example, china having dropped off with regards to its trade numbers. that's gone down 1.5% annually, 2.5% contraction. and the u.s., on the other hand, drop

here�*s matt with a look at this morning�*s weather. very moody skies behind you. ireland with a few showers here later. showers also develop across other parts of england and wales but equally more of you will spend the day dry through the day. in england and wales the winds are a little bit lighter. temperatures down on what we have been used to, if anything a degree or so down on what we would normally be at this stage of the year. heavy showers through towards the midlands and south—east wales. there could be the odd rumble of thunder. after the morning sunshine, that band of rain sweeping across northern ireland. the rain breaking up a bit in the west of scotland. when�*s 40 miles an hourin west of scotland. when�*s 40 miles an hour in the north and west. through tonight clearer skies as we have seen across other parts of the country. a few heavy downpours in the south—east. temperatures down to four, 5 degrees in rural parts of central and southern england. if he have plans for the weekend, saturday looking the best for most of you with their south—east and o

but has backed off our roadmap begins with the september slump for stocks s&p on track for the worst month since deese. >> moody's

moodie and carlos curbelo, thank you both for being with us. coming up, what's next for president biden to reach out to latino voters ahead of 2024? siness. mlb partners with t-mobile to not only enhance the fan experience, but to advance how the game is played. aaa relies on t-mobile's network to stay connected nationwide, so they can help get their members back on the road. and we're helping pano ai innovate, to stop the spread of wildfires. now's the time to see what america's largest 5g network can do for your business. "look at this skin, baby. she is glowing. she is 1 of 1." with new olay hyaluronic body wash 95% of women had visibly-better skin. "my skin is so much more moisturized." see the difference with olay. first subway refreshed their ingredients then they created the perfect menu of subs. the subway series. and now, they're slicing their meats fresh. wow, subway works almost as hard as i do. we'll talk about your ego later. psoriasis really messes with you. try. hope. fail. no one should suffer like that. i started cosentyx®. five years clear. real people with psoriasis look and feel better with cosentyx. don't use if

server products after a month-long s slop, take a look at the stock up 1% right now, the stock is up nearly 40% year to date. coming up, florida attorney general ashley moodyidalia and what to expect from the president's visit tomorrow, first, how you can watch president trump's georgia election case life from start to finish, the new transparency order that just came down from the court, working to talk about it coming up next. ♪ so i consolidated it into a low-rate personal loan from sofi. get a personal loan with low fixed rates. borrow up to $100k. and no fees required. sofi. get your money right. (woman) what if my type 2 diabetes takes over? what if all i do isn't enough? or what if i can do diabetes differently? (vo) now you can with once-weekly mounjaro. mounjaro helps your body... ...regulate blood sugar... ...and mounjaro... ...can help decrease how much food you eat. 3 out of 4 people reached an a1c of less than 7%. plus people taking mounjaro... ...lost up to 25 pounds. mounjaro is not... ...for people with type 1 diabetes or children. don't take mounjaro if you're allergic to it,... ...you or your family have medullary thyroid cancer,... ...or

s. a. that badging does not have. so it's offering a different package and it's hoping to get the attention of many other developing countries at those advocating and saying, moody says he wants to answer why the voices of these developing countries. and one of the things that he's calling for at this j 20 is that uh for the 55 african nations being created as none of the states and the 222. okay. katrina, you thanks very much for letting it out for assessing the sea level. the g 20 which kicks off tomorrow. we are expecting that press conference from the you and that's actually general continued gutierrez, to start in the next hall for all of us. the same. the in the room, we're expecting him to talk. we will be crossing to that as of when it happens of the month long. true. supposed to be broken off to rival palestinian factions with zoomed fighting, and the largest refuge account in lebanon as fools, thousands of people to seek safety outside the. i'm l. hola. come tension began in late july when a start to come on. the was killed of the kind of fueling st bottles to official say a deal for fractions to withdrawal from positions they've been occupying for wee

muddy waters moody who will drown and who will emerge continuation of the drama today on channel one channel one thursday morning will continue broadcasting the news, it’s time to find out what ’stants in the red liman direction of the special operation, before a group of infantry went to storm the enemy entrenchments and worked on them. tankers this time, the t-90 crews fired, closed firing positions adjusted the shooting, and drone operators helped. this method allows the crew to remain in cover while hitting objects. at a distance of more than 5 km. well, tactics according to the fighters depend on the target in the case when the enemy tries to attack face to face cannot be avoided. that is you already see the enemy directly; the easiest way to contact him is to contact him. it's already easier for you to work. so, you are a rival. you see, they raise the bird up , we make adjustments, we hit , we destroy the targets, the ukrainian formations do not give up trying to attack our positions in the artyomovsk area. from time to time they are given russian motorized rifle units on the outskirts of the city, intelligence regularly reports on the movements of enemy sabotage groups.