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

u. s. economy. economy but also to team very high inflation record high inflation we've seen over the past year has been harm americans, wallace. alternately, painting inflation did win out the fed. calculated that duty so will not push the banking sector over the edge, but it certainly is paying attention to that turmoil just 2 weeks ago. right. we heard debates about whether or not the fed was going to do a more aggressive hike. and now we talked about a potential pause, they decided to do a quarter point hike. now the question is, of course, at what cost will that come? what does it say about the state of the u. s. economy going forward? whoa, there is always the question. putting the banks to the side right of recession. there was optimism at the beginning of this year with some good data coming out that we may not only see a soft landing, but we may not see a recession here in the us at all. now some of that, a fear seems to be coming back even with good data coming and pollution is cooling. th

u. s. economy. as the firm provided financing for almost half of american burke, venture back technology businesses, despite being relatively unknown outside of silicon valley, as we b was among the top 20 us commercial banks with 209000000000 and total assets at the end of the last year meanwhile, some brazilian firms are reportedly said to have failed to withdraw their money on time, while s v be also has branches in india, china, and across europe. it's u. k. branch is set to be declared in solvent. more than $180.00 companies there have from it with calls to intervene. the loss of dirty is business left at vulnerable recession. it's the my sent shock waves across the financial world, leading to a host of other businesses failing a recession in the u. s. economy was one of the factors that led to the finance cut it's benchmark interest rate, cfo for lehman brothers global investment bank, which went bankrupt and was one of the sparks for the 2008 financial crisis professor of economics. and paul

u. s. economy certainly giving of mixed signals everywhere. protestors have set off flayson fireworks and paris as demonstrations against france as pension reforms continued thousands rarely than the french capital a day before president a menu or mac, ron was to to give a televised interview, he's expected to defend his goal of raising the retirement age from 62 to 64, fans of renowned my martin marcel marceau had marked 100 years since his birth and france. marceau was inspired by the silent actor charlie chaplin. he performed around the world sometimes more than $300.00 shows a year. natasha battle reports from paris. michael jackson was one of marcel marceau, his most famous fans. the french my martin spied the pop stars trademark moon walk, dance. ma, so was influenced by charlie chaplin. he crated a carrot to co bip, who could make people laugh or cry with gestures that told stories often better than words, a talent that appeal to people of all generations. but it is very important to see tha

u. s. economy at the moment. if you remember back to 2008, shortly after that financial crash, that came the credit crunch, banks will worry, they want to stay stable. and so they tighten the lending requirements, they didn't want to make so many risky lending decisions. and so what they said is that we're going to lend to fewer people. there's a worry that this is going to happen. now. that means it's more difficult for you to get a mortgage. it's more difficult for businesses to borrow and invest. and that could have an effect on economic growth in the united states. but there was one more thing which j, pell pointed out, that is the journey towards lower inflation, the ultimate goal. he said, it's got a long way to go, and it's likely going to be a bumpy ride. yeah. well, that does not sound good just by that. thank you day. no problem. now to france french president emanuel micron. he has defended his decision to force through unpopular pension and retirement reforms. course these reforms have raised the reti

u. s. economy is high technology. and that is the sector most damaged by the lay offs of the last 6 months, over half a 1000000. and now this collapse in their credit and banking system. it's going to be very hard for start ups to get the kind of financing that have become used to. and that's going to be very bad for the larger american economy. and the other one is that people and businesses looking at the united states for a haven for a place to put government money, private corporation, money, individual money that is being reduced by many phenomena. but now this one will add and that will see foreign people pulling money out of the united states because it is increasingly less safe to keep it here than to move it elsewhere. so that the ripple effect of the ramifications of this. we are just at the beginning of figuring out where this is going to go. now, there are reports that the world's most powerful central banks may stop raising interest rate after the us the crisis. so what does that mean for the average pers

u. s. economy and those of the global north, japan and europe it's, it's no different. you'll find that there has been a systematic study, what we call a secular decline. really, since 960 u. s. economy received a huge boost from the war from the 2nd world war. and it's gone down ever since it's now got to the point where it is no longer profitable to invest in production . so people invest in these risky financial assets. and each time in the cycle, the us, it's over valued, and then there is a crash and a credit ukraine war is, is a response to that weakness. now the connection that i see and let me know if i'm wrong here has to do with the united states. once again, i exceeding its death sailing of over $3012000000.00. but instead of closing the government as required by the law and the federal reserve for the treasury, and now engaging in various what they call extraordinary operations that allowed the government a certain life land but dry on the liquidity on the market, which may have contributed to the collapse of some banks and service difficulties at other banks

u. s. economy dependent on china. and by doing that, you've got a situation now where, where china could really supercede the u. s. which was then the economic powerhouse of the world really, and become the technological innovator manufacturer of pretty much everything in the world. now we still secret the some in the u. s. you know, politicians have described china as a threat. do you think that given the no child is now leading role in many technological says that washington will make some efforts trying could fail? it's really slow it down with, with seeing that already i think now bundle wall. why products being imported in the united states. they tried to put pressure on all of that partners specifically in europe to stop that as well. it's more of a veil in terms of trying to shut down in some way the chinese economy and trying to inhibit their export power. but obviously as we says, they can't inhibit their actual power too much because they're no one's going to get a washing machine shooting themselves in the f

u. s. economy certainly giving off mixed signals everywhere. now, floods of worsening the plight of thousands of displaced people in north west syria, opposition group, se, heavy rains have damaged houses and roads. people have taken refuge in towns and schools. many were left homeless by earthquakes. last month, we are getting report, said israel as carried out an air strike inside syria. state media say that explosions were heard in and around the city of aleppo. the serious defense ministry says the international airport was hit, causing some damage that had been no reports of casualties at magnitude 6.5 earthquake and struck northern afghanistan and parts of pakistan, killing 11 people. the epi center was in the hindu cushman range near the remote northern afghan province of production. the in the pakistani city of the whole, people rushed outside following the quake and in the afghan capital of travel. many spent the night of doors, sri lanka will receive an almost $3000000000.00 bail out from the international monetary fund over the next

u. s. economy, and i'm worried also about contagion about what's happening in banks in america, moving over to europe here. well, the thing that everyone's looking at right now is there's a certain familiar ghost that's over the u. s. economy at the moment. if you remember back to 2008, shortly after that financial crash there came the credit crunch. banks will worry. they wanted to stay stable, and so they tightened their lending requirements, they didn't want to make so many risky lending decisions. and so what they said is that we're going to lend to fewer people. there's a worry that this is going to happen. now that means it's more difficult for you to get a mortgage. it's more difficult for businesses to borrow and invest. and that could have an effect on economic growth in the united states. those one more thing which j pol pointed out that is the journey towards lower inflation, the ultimate goal. he said it's got a long way to go, and it's likely going to be a bumpy ride. yeah. well that d

u. s. economy than many think. at this point, what you have is a mixture of fear and panic, panic for those who have our long histories of knowing that the government always assures us in the middle, middle of the crisis, that all will be well. and many times that turns out to be bad advice, dangerous to follow if you are someone involved in finance and for the rest of us, we're waiting to see whether the proverbial other shoe will fall. how far this will spread, how deep the roots are. is this a problem of a few banks? is this the problem of the entire financial and banking sector? we don't know, but i can assure you of at least 2 or 3 things. number one, the most dynamic sector of the u. s. economy is high technology. and that is the sector most damaged by the lay offs of the last 6 months, over half a 1000000. and now this collapse in their credit and banking system, it's going to be very hard for startups to get the kind of financing they have become used to. and that's going to be very bad for the larger ameri

u. s. economy and those of the global know japan and europe it's, it's no different. you'll find that there has been a systematic study, what we call a secular decline. really, since 1960 u. s. economy received a huge boost from the war from the 2nd world war. and it's gone down ever since. it's now got to the point where it is no longer profitable to invest in production . so people invest in these risky financial assets. and each time in the cycle, the us, it's over valued. and then there is a crash and a credit. ukraine war is, is a response to that weakness. now the connection that i see, and let me know if i'm wrong here, has to do with the united states once again i exceeding it's dad's sailing of over $3012000000.00. but instead of closing the government as required by the law and the federal reserve for the treasury, and now engaging in various what they call extraordinary operations that allowed the government a certain life land but dry on the liquidity on the market, which may have contributed to the collapse of sand banks and serve as difficulties at other

u. s. economy certainly giving off mixed signals everywhere. the use foreign policy chief has warned the tennessee or could be at risk of economic and social collapse just a barrel says the situation was dangerous and could lead to new flows of migrants to europe. tennessee has been through years of economic and political upheaval since its revolution in 2011. it's foreign ministry dismissed morals comments as overblown. which will anchor will receive an almost $3000000000.00 bailout from the international monetary fund over the next 4 years as part of efforts to rescue its better economy. president ronald, we're from a senior, said his country was no longer a bankrupt nation. now fernandez reports from colombo, the government celebrate securing a $3000000000.00 loan for leads national monetary fund. but mostly luncheons are battling to make ends meet foreign currency, reserve, fiscal management, dead sustainability mean little to many people struggling to put food on the table . then they said our enemy, unlike before it is very difficult and

u. s. economy certainly giving off mixed signals everywhere. ah, for it is time for quick recap headlines are not 0.

u. s. economy certainly giving off mixed signals everywhere. still had an opposite of toasting the local vintage. we're going to tell you why ukraine's wine industry is driving the shadow of conflict avenue and one's of a global water crisis. seeing one in 4 people has access to safe drinking water. ah hello, it is looking very spring like now across so much of here. we have got lost clear skies into central and eastern parts, high pressure in charge here, keeping it settled and pleasantly warm and fair amounts of sunshine. not quite the same over towards the or the west particular the north west where we have weather systems rattling through. there we go with those blustery showers which will lead just drifting from the atlantic. but as i said, his feelings bring like at least it is mild temperature, getting up into the mid teens there for paris. and for london was still very touchy 21 degrees, a 10 degrees above the seasonal average. hey, we have got a few showers down towards the southeast to was to clear up towards the black sea bulgaria, s

u. s. economy really well, i think it's kind of for the cobra. you've got they've heights hit by 25 basis points. it seems to every other week we're getting a fed announcement of hiking up interest rates. but why are they doing? i think that's the interesting thing that we kind of need to look at here. in my opinion, the reason they're doing it is because what they're having to do now because of these collapse of the bags, and it's all been downplayed but the, the collapses that we've seen in the last couple weeks, a few weeks, even that one of them s u b was the 2nd largest banking crash in history that saying i cannot make x, but which is, which is crazy that it's not having this follow on effect. and people are talking about it. i mean, we saw credit suisse go down, one of the largest banks in the world, one a bank, which is, you know, with trusted by millions of institutions and ultra high net worth individuals, specifically like s b, b. very, very interesting that these bags, the very cautious private banks like credit suisse. don't you know

u. s. economy and to strengthen public confidence in our banking system. these actions demonstrate that all depositors savings and the banking system are safe. with the support of the treasury, the federal reserve board created the bank term funding program. to ensure that banks that hold safe and liquid assets can if needed, borrow reserves against those assets at par. this program, along with our long standing discount window, is effectively meeting the unusual funding needs that some banks have faced. and makes clear that ample liquidity in the system is available. and heidi j castro has more mouse why the federal reserve in washington d. c. there had been many people say there should be no hike at all today given the term well, we saw in the banking sector and that really the focus should be on regulation. what could have been done to stop silicon valley bank from collapsing and the same for signature bank? what we heard your own, how we'll take some point of questions to those ends as well. today he the same that the blame should be laid on the manage

u. s futures are all up this morning, as comes despite new data showing that the u. s economy grew at a slower pace in the fourth quarter than previously estimated markets ended wednesday higher prompted by a surgeon, big tech stocks and the wall street journal reporting the white house will recommend tougher rules for midsize banks as soon as this week. before the bell is brought to you by cfp profefessionals fd your cfp prorofessional today at let's make a plan .org. check that pretty good. yes crying. that? that no, don't worry about that. here we go. question can greatly impact your future qualified to do this. what specially when it comes to your finances. do you have a question? are you a certified financial planner? yes i'm a cfp . professional professionals are committed to acting in your best interest. that's why it's got to be a cft. find your cfp professional it. let's make a plan .org kids are so expensive dad. katie needs braces. maybe try switching your car insurance to progressive. you can save hundreds. don't know dad. maybe try switching your car insurance to

u. s. economy will enter a technical recession. this is one of the reasons why we think that europe will be in a much more subdued recovery. because i think many analysts, many forecasts have been underestimating the adverse effects that we will be getting this year from this extreme aggressive hiking of interest rates over the last 12 month. all right, that's carson, just key at i n g germany. thank you. we're shifting gears to india where foreign airlines are pushing for a greater slice of the countries growing aviation market, emirates, and turkish airlines among those companies, calling tuesday for the country to open up more international routes in and out of india during an ation conference and delhi their complaints common india plans to invest nearly $12000000000.00 in aviation industry by 2025 and as flat carrier air india raises its international ambitions in part, through the purchase of $470.00 aircraft. the current restrictions on international carriers went into effect during the 2008 financial crisis. after air india

u. s. economy going forward? whoa, there is always the question. putting the banks to the side right of recession, there was optimism at the beginning of this year with some good data coming out that we may not only see a soft landing, but we may not see a recession here in the us at all. now some of that fear seems to be coming back, even with good data coming in, that placement is cooling. the fed certainly is looking at it and saying that it's very sticky. the labor market is incredibly strong, which is good for workers eyes. they feel that they need to put more pressure down and with credit tightening, of course, that always a possibility that investments will be taken away. there will be layoffs and depressing of wages. and of course, okay, including the banks back into it all. we heading for a credit crunch. well, there was hope right in the beginning that silicon valley bank, this was somewhat contained because of the depositors are so concentrated tech sector. the tech sector has been incredibly susceptible to the federal in 1st grade . hi.

u. s. economy, which my people are going to be looking at and thinking is this a sign that the countries in worse shape than officials are willing to admit? well, it most certainly would be very sell it man. but the truth about anything and not just the banking system or the economy. you see these troubles date back to 1999, 24 years ago. when they dramatically changed to banking revolution regulations. prior to 1999 commercial banks could not engage in investment banking. the 2 kinds of banks were separate investment banks took risk on their own money. they were partnerships, people with their own money risk. when they let commercial banks become investment banks, the commercial banks gamble with the posit all the depositors, they're not using their own money, they're using the deposits that their customers put into the buyer. and so this has allowed tremendous risk taking that was previously not part of the system. so when they repealed the glass steel act at 999, this act had prevented by panics

u. s. and global economy. we discuss why many more countries are choosing to pitch the dollar with our panel of gas. the u. s. has shot itself in the foot. it has created the situation where countries are in revulsion to american foreign policy. and want to get as far away as possible from the u. s. normal people will be attracted to the alternative been created by china, russia and the brick. okay. ah . good morning. this is art international. what the latest world news updates. i'm paula isabel. great to have you with he is really prime minister's decision to postpone a controversial legal reform has failed to quell the ongoing unrest. rocking the country police resorted to water cannon and stung grenades to disperse, angry crowds. ah, ah . the protest erected laid on monday with demonstrators, even lighting bonfires, walking rhodes and chanting, anti government slogans. dozens were reportedly arrested. this comes just hours after benjamin netanyahu confirmed that the ruling coalition would postpone the refor

u. s. economy. and therefore the u. s. dollar. it's a good investment. it's a safe investment, even despite the economic challenges sweeping over the world, the united states has a well deserved financial stability. reputation is very, very confident that really there wasn't really anything to challenge challenge the us, follow that. but take the situation now. take where the u. s. stories going the fact they printed so many the fact, but now, you know, most saudi arabia, even, you know, we went to saudi area earlier at the top of the top of the program, accepting payments in the currency, the parts in the us dollar. that wasn't the case in 2009, the how the markets react is going to be very turbulent in my opinion, when it comes to your rights or pretty much any other currency that is allied closely to the us dollar. well, we'll talk a reactions to this. how do you think the u. s. will respond to this latest crisis? yeah, well again, i think that going to have to have a very different response. it's not going to be as easy as that for them as it was bef

u. s, which is the part of the geo political. the problem with biden is that it's, it's all g geo politics. and if you're, what happens to the economy, be damped, really, as the u. s. tries to ring fence a, russia and china and the other countries who may align with them. the u. s. is bifurcated a slowly the global economy, the global capitalist economy. but it's all because the geopolitical objectives, i believe and it's, it's going to be a big price to pay, i think eventually by young couple years from now. i think it's too early, much too early to say that. and unlike in 2008, oh boy, the government is jumping on this thing, ensuring bay aloud and so forth. already within 24 hours, see they learned their lesson of not dragging their feet back then i, i think one of the consequences if, if there is contagion, is the feds gonna stop raising rates? and that means inflation is going to stay high and 345 percent. it's not going to come down. so then between a rock and a hard place and how do they try to keep bringing inflation now my raising rates are by raising rates, do they cause a further financial stress and that the fed doesn't

so if a big economy like u. s, which is the biggest economy in the would if such an issue because we have to accept that whether it's yadda on asia or india, every economy would be impacted up to some extent. now vehicle seeped off to what extent are that economies would be better if you'd talk about india? yes. did has been some impact because india is gone for stops. we have many stops and we are famous for stock of give us many a hot stock up to have been quite successful and the are being respected. float the way i think shock absorption systems, artist reduction are. things has to be much more to flight by closely us. den, all other economies, ah, by the dev, connected much or lesser, who will, a years ago now to georgia, where i demonstrate is in tbilisi, have burned a european union flag right in front of the nation's parliament, calling for georgia's independence from the west. a tuesday, thousands of people to, to the streets, protesting against e. u and western influence on georgia, in stark contrast to

u. s. economy? why would you want to do it? it's a bad investment. again, the u. s. is a very destructive geopolitical active and it's a very carefree one time life, inches, financial actors. so it's actually actually a horrible, horrible bit the us objectively speaking and you're still going forward. we see that the us as an repentant me actually unrepentant. you know, i had this hope, this may have hope that after we pull that up, get us them. that maybe we're going to be finally a constructive actor international arena. and then of course, what they do, they start to warn you crate. the u. s. is hopeless, i'm set, i started to say that, but pretty much i hope with case and i welcome the rise of new blocks across the globe out be great for the global economy. thank you. coming back to mr. roberts, now and as you know, we recently sold a collapse of several us bank, sparking fresh fits of a global economic slump, or even a meltdown reminiscent of 2008. what's your take on the situation and who's trying to blame this time? well, the federal reserve is to blame. they

u. s. economy was also seen as a key factor in prices. attempt to slow the economic downturn. the federal reserve significantly cut interest rates, but due to the loss of revenue and declining market confidence, more banks began to fail lay my mother's why would now going alive to my guest. jim rogers, thanks for joining us here at pleasure to talk to you and see now silicon valley bank collapse. what does it mean for the us? what does it mean for global economy? it's a very large bank. there's, you know, we don't know how the winds up the 1st day or the 1st week even, but use it. there is a snowball effect. you mentioned in 2008. that led to huge problems because the debt was so high. right? since 2009, the debt has gone up very, very high everywhere. so this is probably going to snowball into serious problems down the road, whether it's next month or next year. bad times are coming to, i mean, is this going to affect the rest of the world? was this just a us problem? we're just the us problem. been around the u. s. is the largest economy in the world where the largest debtor

u. s. economy, why would you want to do it? it's a bad investment. again, the us is a very destructive geopolitical active, and it's a very carefree one ton licentious financial actors. so it's actually actually a horrible, horrible bit the us we see that the us as an repentance, actually unrepentant. you know, i had hope this naive hope that after we pull that up, get us them. that maybe we're going to be finally a constructive actor international arena. and then of course, what they do, they start to warn you crate. the u. s. is hopeless. i'm set, i started say that but pretty much hopeless case and i welcome the rise of new blocks across the will be great for the global economy. a federal prosecutor has admitted in or papers that 3 police officers acted as provocative wars during the 2021 us capitol hill riots encouraging protesters to act more decisively. yeah. yeah. yeah. yeah. yeah, we really the go do the game today. good. good. the revelation comes amid an ongoing investigation into william pope, a man charged with crimes linked to the riots

u. s. economy, the european economy, et cetera, is going to get interesting if not already in recession. and that when you buy, she had such a lot of capital flows into sub optimal project. you're going to find more and more benefits coming up in the system. and more and more positive phenix coming through for i would say, what needs to be cautious. it doesn't necessarily say we're hitting for another level financial crisis, but certainly the dates are big malik, and bell allocation of capital as most of via and the possibility of another global crisis. and so as the western markets do look poised a hemorrhage, we keep seeing all sorts of strategic and economic partnerships browsing up around the world. the global south, for example, i see on bricks some calling at the d. dollarization coalition. fascinating details in the world today available for you. i thought you thought com with the ah ah a bunch i should to belong with mister, just alone on the wall. and say for you too. he is new was the wil