it will be interesting to see if richie sunak offers him a job.ng told that he will be much more inclusive in his cabinet formation if he gets to that stage and either orest johnson or liz truss. and it is unclear if he will want to serve under richie sunak or not. a problem that will face richie sunak is will he find himself with a set of mps who are not reconciled to his leadership. francine: professor, i don't know if you can hear me. we may have lost connection. i think you are back. the one question we need to try to figure out is if richie sunak is prime minister, does he put country above party? does he govern as the leader of the tory party's or does he just try to unite the nation? >> the honest truth is that if he wishes to have any prospect at all of being able to take his party to 2024, the truth is the odds are given the conservative party presided over a fiscal crisis they will not be able to achieve that. if he will have any chance, he is going to have to demonstrate he can turn the economy around, get inflation down and begin to de

chancellor jeremy hunt, chancellor for the time being he says, "congratulations to richie sunak, ourt prime minister. this is a time of honesty about the huge economic challenges we face and courage in addressing them. " jeremy hunt, who didn't throw his hat into the ring to sign, added "we have a p.m. who can be trusted to do just that and give us all confidence in the potential of our country." let's get the latest from correspondent damian grammaticas. we will come to the choreography tomorrow, but the visage of united or die, he really has to. damian you look at the conservative party's poll ratings, they are at lowe's they have not seen in a couple of decades. really far down in the polls, facing dozens of mps, maybe more than that, fearing they might face a white out if there was an election. part of the reason liz truss is gone is that whole disquiet. that is one thing, yes, rishi sunak has to address. he was talking about the urgency of the economic crisis and political crisis. the two are totally interlink. we have seen the disastrous budget that liz truss presented crashing

richie sunak has taken office. jeremy irons will continue as finance minister. >> i will place economic stability at the heart of this agenda. this will mean difficult decisions to come. you saw me during covid doing everything i could to protect people and businesses with schemes. there always limits. more so now than ever. >> hundreds of billions of dollars are needed for reconstruction. a recumbent is plenty victory. the ethiopian government these are the first negotiations since war broke out two years ago. palestinians killed during an israeli army raid. five people were killed in the city. i russian court has rejected an appeal by brittney griner, upholding her nine year prison sentence for drug possession. she was convicted in august after police said they found canisters containing cannabis oil. those are the headlines. inside stories next. >> myanmar army airstrikes. the military intensifies the fight. this is inside story. welcome to the program. at least 60 people have been killed in a myanmar air ride.

. >> i am concerned about richie sunak. 90 -- $985 million at the start of the year.not quite a billionaire though. >> that is not talking about the shares. yvonne: it just goes to show that it is not just the cpc. it is the tech crackdown and the pain we have seen with fortune's gone on the back of that. that is what we are watching out for today. it seems like today in terms of stocks we are seeing a bit -- >> talking of richie sunak, the incoming prime minister warning u.k. faces a profound economic challenge calling on the nation and the parties to face the headwinds. he will officially take office later tuesday after visiting king charles. >> there is no doubt we face a profound economic challenge. we now need stability and unity. i pledge that i will serve you with integrity and humility and i will work day in and day out to deliver for the british people. >> treasury secretary janet yellen cautioning that stresses in the global economy and markets could disrupt the u.s. financial system. she says the world faces a dangerous and volatile environment and risks to

>> the betting margins have richie sunak, ben wallace, penny moredaunt. and boris johnson who does have a good chance. richie sunak will hope that lots of people put their names forward so that only he gets over that initial 100 mp threshold and by default gets there by wednesday and boris johnson's challenge is to get the 100 mp support. if he does he'll probably do pretty well. in >> boris johnson i thought that was over. >> so did we all, and so very, very recently as well. extraordinary that it is possible he could come back to downing street just two months later. though, if the country, and if the party is looking for a unity candidate to deliver stability, he might not be the right choice he is divisive many people love him, but just as many despise him. here by the way earlier today was the former leader of the conservative party, lord howard. >> i really do not think we can afford to go back to that psychodrama. boris had his chance and he failed to retain the confidence of conservative members of parliament. and that, i'm afraid, for all his und

richie sunak has taken office.ill continue as finance minister. >> i will place economic stability at the heart of this agenda. this will mean difficult

. >> richie sunak will become britain's youngest prime minister and the first of asian heritage.e was the only candidate to get 100 ballots from the mps. a prominent pakistani journalist was shot dead. he fled his home country to avoid sedition charges. he supported the former prime minister, con and has been critical of the government and military. ukraine has invited officials from the nuclear watchdog to examine the facilities after russia accused it of planning to use an explosive. moscow has not provided evidence to back the claims. the u.s. justice department says it has disrupted them and i give it he by people working for the chinese government. two suspected chinese intelligence officers are charged with trying to obstruct u.s. investigation in trying to take down huawei. using the cover of an academic institute. those are the headlines. we are back in half an hour. right now, it is "inside story." ♪ ♪ laura:t least 220 people killed in the latest fighting in sudan. it has created more turmoil a year after a military turnover scuttled the transition to civilian rule. wha

of course, we are talking about boris johnson, who is well known to us, about richie sunak .efense minister of britain bena street said that he is leaning towards the candidacy of boris johnson in the fight for the post of the next prime minister. this is reported by sky news. the beehive refused to participate in the race and made it clear that he would support johnson - johnson was not categorical in his support . but he said that he is inclined and adds that there is still a question for johnson referring to the parliamentary investigations regarding his behavior well, i remind you that there is information about the negotiations with the secretary of defense of the united states with the minister of defense of the russian federation after which it has already become known for additional information that mr. ustin spoke with our minister of defense oleksiy varshikov, meanwhile, i think it is worth taking a closer look at the events inside our country, and the higher anti-corruption court chose a preventive measure in the form of detention until december 16, with the possib

caused mass vi- power outages across the country the king of great britain charles iii appointed richie sunakminister the king accepted a bag in buckingham palace and asked to form a government sumak became the 57th prime minister of the united kingdom and the youngest head of government in the last two centuries for the first time 42 -year-old politician of indian origin was elected to the house of commons of great britain in 2015, and already in february 2020 he headed the british ministry of finance. now he will replace listraz, who held the post of prime minister a record short period, a period of 45 days, ukraine must win, former prime minister kalistra mentioned ukraine in her farewell speech before her resignation, taras noted that it was a great honor for her to assume the position of the leader of the government of great britain, she added that under her leadership, the government acted urgently and decisively on the side of rightful families and enterprises at the end of the routes, she called on britain to continue supporting our ukraine and to raise the sum of which she wished her

the head of the ministry of finance and the competitor of the tracks in the previous elections, richie sunak. and also the friend of ukraine, boris johnson, who is the minister defense band wallace, who was also considered by bookies as one of the possible candidates, refused to participate in the race, while saying that he will support his former leader boris johnson , i am leaning towards boris johnson, this will be our third prime minister after the 2019 election, this means that we have to think about the questions that the public will ask, and also about who can lead the party out of the crisis and lead to victory in the next elections, ensure large-scale reforms and the promised growth of the economy by two and a half interest, on the contrary, this economy began to feverish because the plan combined social support measures on the one hand and a large reduction in taxes on the other, and more large-scale reforms required new loans. and this is an increase in the national debt, and now our correspondent kateryna rudeshko joins us from london. kateryna i congratulate you rapid flow on th

embarrassment, you may have missed this from earlier in the week, biden talking about new uk prime minister richy sunak. >> whether it's the united kingdom or not. sunak is now the prime minister. as my brother would say, go figure. the conservative party expected to become the prime minister tomorrow when he goes to see the king. >> first of all, what a total global embarrass wment biden is. sunak. what a despicable racial slur. biden thinks black people cannot be republican and british prime minister of indian origin can't be conservative. so many americans of racial backgrounds are rejecting as they dump the democratic partim much more up ahead. >>> welcome back as the democrats realize far too late their abortion insurrection and last minute panicly pivot -- panicky pivot and the congressman running for congress in california and wrote a brilliant piece on yours truly democrat's are suffering more and die sooner without even addressing reasons why drugs are expensive. joining us is the offer of the piece, california congressional candidate brad allen and jason chaffetz. tell us why it's going to be

embarrassment, you may have missed this from earlier in the week, biden talking about new uk prime minister richy sunak whether it's the united kingdom or not. sunak is now the prime minister. as my brother would say, go figure. the conservative party expected to become the prime minister tomorrow when he goes to see the king. >> first of all, what a total global embarrass wanment biden . sunak. what a despicable racial slur. biden thinks black people cannot be republican and british prime minister of indian o origin cant be conservative. so many americans of racial backgrounds are rejecting as they dump the democratic partim much more up ahead. over 5 million people have fallen in love with a portable blender. blendjet 2 gives you ice-crushing, big blender power on-the-go. so you can throw in your favorite ingredients and blend up a delicious smoothie anytime, anywhere. blendjet 2 even cleans itself. just add water, a drop of soap, recharge quickly with any usb port. ready to fall in love? order yours now on blendjet.com >>> welcome back as the democrats realize far too late their abortion insurrectio

embarrassment, you may have missed this from earlier in the week, biden talking about new uk prime minister richy sunak. >> whether it's the united kingdom or not. sunak is now the prime minister. as my brother would say, go figure. the conservative party expected to become the prime minister tomorrow when he goes to see the king. >> first of all, what a total global embarrass wanment biden . sunak. what a despicable racial slur. biden thinks black people cannot be republican and british prime minister of indian o origin cant be conservative. so many americans of racial backgrounds are rejecting as they dump the democratic partim much more up ahead. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. over 5 million people have fallen in love with a portable blender

richie sunak who had this to say. >> i am humbled and honored to have the support of my parliamentaryelected as leader of the conservative and unionist party. it is the greatest privilege of my life t

richie sue not -- richie sunak was beaten in the last election.d a big question over boris johnson, who still will require a parliamentary inquiry. 80% of the public believe he live -- believe he lied to the house of commons, but it is about the fractions inside the tory party. that is what will make this election interesting to observe. the very hard to believe they can actually resolve the conflicts inside the party because they are deeply ideological. they are split deeply on the way that a modern economy and modern welfare state, all these things work together, what trade policy you should have, what defense policy. there really are big divisions in the party that would come out almost immediately as the party tries to shape public spending and the increased cost which has been imposed because of this disaster at budget imposed by liz truss. >> one thing the party seemed very united on just over two months ago was how bad a job boris johnson was doing some, -- was doing, so it is incredible we are in a situation where he could be the next cont

richie sunak is now the front runner after penny mordant just moments ago withdrew and listen to this. there were demonstrations in london demanding that britain return to the european union. yeah, that's how bad the turmoil is over there. monday, october 24, 2022. 15 days until the mid-terms, "varney" & company is about to begin. ♪ wake me up before you go-go ♪ stuart: i'm not quite sure whether that's a good idea to start like that. i just opened up with a big story and the first thing lauren says to me is well that was depressing. thanks, lauren. lauren: as much as the weather don't you have any good news this monday morning? stuart: i'll find something just for you but meanwhile i've got this. china's xi-jinping has secured a third term, got it. he could be in a position for life long role, got that too we don't often put china's tech stocks way upfront of the program but that sell-off, lauren? that's huge. lauren: tremendous okay so xi-jinping personally vetted his leadership team, so now, he has a third term, maybe a lifelong term and he's surround ed by yes-men. what does that

richie sunak is the country's third prime minister in just two months.his wife are reportedly worth more than 100 million dollars. making them richer than the royals. sunak is also making history as the first person of color to lead britain. the washington post writes this. in india, the development took on additional meaning. particularly among nationalists to celebrate the prospect of a politician of indian origin and a practicing can do. taking the reins of a former colonial power that once ruled their country. the 42-year-old takes over as the hindu festival of lights to wally begins. enhanced first public statement, sunak spoke of the economic challenges facing written. and promised to bring the country together. and just ahead, they wake up call in the new national report card. covid's devastating toll on reading, writing and specially arithmetic. we will talk about what we can do next when the 11th hour continues. ying ovulation—and you can resume your regular birth control right away. i've got this. ♪♪ let's dive in! but what about your back? it'

richie sunak officially sworn in moments ago after meeting with king charles at buckingham palace. >>l deliver a stronger asf. better schools. it control of our borders. >> former prime minister liz truss giving final address at downing street earlier this morning before handing in her resignation officially. she served just 49 days in office. check out the story here a kentucky coal miner in disbelief after getting shoutout from john calipari. tweeting a photo of the father with his son saying quote my family's american dream started in clarksburg, west virginia coal mine. so this picture hits home. don't know who this is. but i have tickets for him and his family to be treated as vips. that coal miner his name is michael maguire. he says is he looking forward to taking calipari up on that offer. how cool is that? the back story is that he was working, obviously in the coal mine and he really wanted to spend this time with his son. so he didn't even goat take a shower or anything. picked up his son, went to the game. and the coach saw and now he is going to be treated to v.i.p. ticke

. >> reporter: it is richie sunak as he accepted and thought might happen over the weekend. it has been a dramatic few days. we saw yesterday former prime minister boris johnson dropping out of a race he never officially entered. rishi will be the first nonwhite prime minister to walk in to 10 downing. just minutes ago we saw a tweet from the other contestant. i'll read this. there was no -- we just saw her concession tweet, and that is how we knew that rishi sunak gets the top job. she says, "our party is our membership, whether we are elected representative, activists, fund-raisers, supporters, we all have a stake in who our leader is. as a result, we have chosen our next prime minister. this decision is a historic one and shows once again the diversity and talent of our party. rishi has my full support." the deadline was 2:00. over the last several days since liz truss stepped down, it has been a race to 100 backers to get on this short list before it went to a potential runoff among conservative party members. the contenders needed 100 backers. penny morgan's camp claime

former finance minister richie sunak now has the edge to replace truss who announced her resignation the job. rory mcilroy is back on top of the golf world. mcilroy kin winning the cj cup first start of the season yesterday. the biggest star also rising back to number one in the official world golf rankings since july 2020 for the first time. mcilroy held the world's number one ranking on nine separate occasions. good for him. janice, over to you. >> janice: good morning. everyone. take a look at those temperatures because you know what? we have a cold front marching across the central u.s. and that could bring the potential for stronger storms as well as snow on the back side and that's what's happening right now. you see the snow in the blue and the pink for the southwest up towards the rockies and the northern plains. we also have an area of low pressure off the coast bringing wet, yucky weather to the northeast. here's the big storm that we are talking about for the central u.s. through tuesday. rain moving in from the gulf of mexico, snow behind this. and, you know, very strong

it is possible that richie sunak could win as well, the leadership, but not saying it's dead certain boris will win, but the bookies that take money on this are now making boris favorite. >> ed, we just put up a graphic showing the contenders as well. one of those, ben wallace, the defense minister, has come out in support of boris johnson. just moments ago he said he's leaning toward supporting boris johnson and the torry leadership race. perhaps you can take ben wallace soon off of that graphic in support of boris johnson. and can you speak to, for our american viewers, just how narrow these votes are? for example, joe biden had to win 81 million votes to become president of the united states. liz truss earned 81,000 votes within her own party to become prime minister of the uk. so how does this work exactly? >> yeah. i mean, the number of people who elected liz truss could have been fit into wembley stadium, the soccer stadium. so they're going the now do an accelerated version of the long, agonizing summer that we'll wait through with the previous leadership contest. they'll deci

ex-chancellor richie sunak expected to run for the job. the ruling conservative party trying to move quickly the goal is to have a new leader in place in a week david smith joins us now, d.c. bureau chief for "the guardian." dr. johnson really have a -- does johnson really have a shot at returning to number 10? >> i would not rule anything out given the current turmoil in british politics and certainly he's picking up some support reportedly more than 40 mps are supporting him, and six cabinet ministers. that's not as many as the former chancellor who reportedly has support of more than 90 mps already, and the target is 100 to qualify but johnson has shown himself an effective campaigner in past elections, and if he makes it through, then it may be the case he could lose among mps but still actually win the vote among grassroots conservative members. so he should certainly not be ruled out at this stage. >> he is nothing if not a colorful character what case would he make for his return, and what are the principal obstacles against it >> i

richy sunak was the runner up in truss in the last election.lso did best last time among torre nps who play an important, very important role in choosing the next leader. he is the bookie's front-runner right now. so watch that space. another frontrunner is boris johnson. he doesn't poll as well with the colleagues. they recently just booted him out of office. but he does poll very well with conservative party members. and that's a group of about 170,000 people. they also will play a part in this contest. this group is generally older, whiter, more right-wing than the rest of the party and the rest of the country. and they really feel buyer's remore with luz truss. -- liz truss. they want boris johnson back. these are two real contenders in the race. >> we'll have our answer quickly, without seem. alex, as we noted, labor leaders are calling for a general election s there any chance at all that actually happens? >> the rules are very publish indicated and changing all the times. it's hard to keep track of this. but basically the only way that a

announce she's running but other members have been declaring their support for former chancellor richi sunakinister boris johnson both expected to run a report found more than half of britains would be unhappy to find johnson return. >>> a top performing yet again today and gaining 20% this month, but there are some new signals in the market you edne to know about if you're thinking about riding that rally. we'll discuss that and we'll do it next. you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. i started as a single mom with $2000 and a passion for new orleans. i'm lauren haydel owner of fluerty girl. today, my tiny online shop has grown into eight stor

>> well, the betting markets have installed richi sunak ben wallace the defense secretary, a name we all know well the man of course liz truss took over from, boris johnson, who does have a good chance. rishi sunak will hope lots of people put their names forward so that only he gets over that initial 100 mp threshold and by default gets appointed as prime minister as soon as monday, whereas boris johnson the challenge is to get the initial 100 mp support if he does he'll probably do pretty well with the party members as of course he's done in the past. >> boris johnson i thought -- i thought that was ov over >> well, so did we all and so very, very recently as well. extraordinary that it is possible he could come back to downing street just two months later. though if the country and if the party is looking for a unity candidate to deliver stability he might not be the right choice he is divisive many people love him but just as many despise him here by the way earlier today was the former leader of the conservative party, lord howard. >> i really danot think we can afford to go bac

this after the former chancellor richy sunak was appointed as leader of the conservative party and setpointed as prime minister. we had 37 basis point rally in two year guilds. this is the biggest rally. the ft-se was .5%. today, however, indices are actually trading slightly more negative. we have a lot of focus going forward on those tech earnings with microsoft and alphabet kicking things off today after the close. >> yeah. we dipped in live earlier to take some of outgoing prime minister's brief remarks, fitting for a short tenure. this -- a lot of headlines. i sa you this last night. unilever recalled products because of a chemical that causes cancer. what is the latest? how concerned should people be? >> yeah. so they're reporting 19 different products because of an elevated presence of benzene. they published an announcement and recalling all products that were made before october 21. they were all air sprays. they include dry shampoo before dove, nexus, suave and the bed head brands. they're directing customers to a website as so that anyone who has been affected would be entit

side, i think richie sunak can delay that statement. oid writers would've had a field day with the halloween headlines. it makes the decision harder on november 3 but what rishi sunak is hoping that if the current momentum continues, they will see bond yields coming down everywhere. jonathan: i have no idea why it was ever october 31. lisa: i wanted to be then so we could see those halloween headlines. jonathan: thinking about the incompetence of the former leader, the timing was ridiculous. we have a meeting at the bank of england and the decision will come november 3, does it complicate things for them? >> for this meeting, probably 75 and wait and see and further out the curve, there is more action in the price maybe it will rally a little bit. they don't need to make these decisions and do forward guidance. they are not in an easy position but i think that position is easier now than it was a few weeks ago. lisa: also this is very much a dollar weakness story so how sustainable is that? >> that's a critical question. on friday, we ha

rishi sunak— tear up the rule back was a rishi sunak is— tear up the rule back was a rishi sunak is different. richieem about coming onto it was spending cuts. but so they are all in it together. they know very well they are _ in it together. they know very well they are measured people, the three of then _ they are measured people, the three of then ft— they are measured people, the three of them. . ., they are measured people, the three ofthem. . ., .,~ ~ of them. a good point to make. all in it together- _ of them. a good point to make. all in it together. particularly - of them. a good point to make. all in it together. particularly being . in it together. particularly being its going to get even more it's going to get even more difficult for all elected leaders in the coming months. james, of the daily mirrorfor the the coming months. james, of the daily mirror for the rishi the coming months. james, of the daily mirrorfor the rishi sunak try to polish up his bedside manner. indeed as all prime ministers have to do when they go on visits. they come across certain people that challenge them, more

i'm joined now by dr liam fox, mp for north somerset and a richi sunak supporter.g to i do you it is all over? think everyone is going to have l do you it is all over? thinki everyone is going to have to do you it is all over? think i everyone is going to have to wait another four hours because everyone is going to have to wait anotherfour hours because i imagine rishi sunak and penny mordaunt will spend time talking to colleagues over that period. i imagine, to maximise the number of supporters that they have. and i am afraid i don't think there will be an early end to this today. you don't think there will be an early end to this today.— don't think there will be an early end to this today. don't think there will be an early end to this toda . ., ., ., ., end to this today. you have moved on from boris johnson, _ end to this today. you have moved on from boris johnson, but _ end to this today. you have moved on from boris johnson, but has _ end to this today. you have moved on from boris johnson, but has the i from borisjohnson, but has the party? have all of you

boris johnson and richie soon at -- sunak have yet to throw their hat in the ring.sident trump ordered to give information to the investigative committee. italy's far right leader, the first since mussolini. he will challenge the election commission's decision to disqualify him from holding public office on charges of unlawfully selling state gifts. hello, and welcome if you are watching in the u.k. on pbs in the u.s. or around the world. and in a few days time, the u.k. will have a new prime minister. and penny morton has become the first conservative mp to say she is running to replace liz truss. no other mp has declared yet but former prime minister boris johnson and richie's neck have -- they each need the backing of at least 100 colleagues in parliament. whoever wins become conservative party leader and therefore the next prime minister. but opposition parties are calling for an immediate general election. >> i will remain as prime minister until a successor has been chosen. >> a vacancy at the top of government once again. conservatives now need to choos their

empathetic of their situation, when the word that is overwhelmingly associated with richie sue not is not that he is -- rishi sunak that he is the first british asian and office, it is the fact that he is rich. when you contrast that with american politics, where that seemed to serve donald trump well, almost inning him credit ability. jonathan: wonderful to hear from you, minutes after hearing from the british prime minister. difficult decisions to come. the price action on the s&p 500, down .25% with the big day of earnings. features negative a little bit. yields are lower by seven basis points. 4.1732. coca-cola out raising the full year guidance, organic revenue, yet plus 14% to plus 15%. it had been positive 13.4%. tom: this has to do with price inconsistently. can you rice -- raise prices? here is coke, leading the way. jonathan: organic revenue beat come up 16% or the estimate 9.81. lisa: including a currency headwind. it is one thing to blame the fx issue and it is another to say, that is the reason for the disappointment. jonathan: reaffirming your outlook. gm did that 15 to 20 minutes ago. lisa: that is