u.s.180 people have been killed in flooding in kinshasa the capital of the democratic republic of congo. >> to our authorities who are going to say this, we are congolese, we have lived here a very long time and now warehouses are washed away. i don't know where to go with the children, i have been a widow since 2015, and now one of my children is gone with the rain, i don't know where he is. i've lost everything even my clothes. >> president biden is combating the chinese and russian influence in africa, he has invited african leaders to ace -- to a summit. he is also expected to invite leaders to become a permanent member of g20. castillo in peru arrested last week after attempting a coup. seven people including teenagers have been killed in the ensuing protests. here's al jazeera inside story. ♪ laura: u.s. president joe biden is hosting a three-day summit with african leaders this comes as china invests heavily, and russia is involved in regional conflict. what does the u.s. hoped to a

the u.s. will commit $55 billion to africa over the course of the next three years, across a wide range of sectors to tackle the core challenges of our time. these commitments built on the united states long-standing leadership in partnership and give element, economic growth, health, and security in africa in the past three decades. amy: the biden administration is hosting leaders from 49 african nations for a three-day summit in washington organized in part to counter the growing influence of china and russia in africa. we will get the last. then to arizona where outgoing republican governor doug ducey is using shipping containers, and razor wire to build a makeshift border wall. >> follow the law, governor ducey. what you're doing is making a catastrophic mistake that i daresay will come could not bode very well for your legacy. amy: and we will look at the significance of arizona senator kyrsten sinema's decision to leave the democratic and register as an independent. all that and more, co

the u.s. is also -- ftx's u.s.awyers are saying there might have been some collaboration between bankman-fried and the bahamas at that time, so that will be interesting as to how exactly the bahamas and the u.s. interact on this and whether they are cooperating or whether they start to come onto opposite sides on it. yes, there is a little bit of disagreement, it looks like, other have not seen anything from the bahamas saying they are opposing the u.s. at this point. it is just u.s. lawyers saying there could have been flows into the bahamas that may have been improper. tom: bloomberg's joanna ossinger on the latest in a significant turn when it comes to the ftx saga. in an interview since the collapse, sam bankman-fried has admitted major managerial missteps but said that he never tried to commit fraud or break the law. francine: coming up, s&p for -- s.a.p. shares are higher after the outlook that came from oracle. that is up next and this is bloomberg. ♪ >> this with regard to security of supply, it is not a ye

u.s.but only 14% are female. >> we want people to start practicing and using this inspiration as fuel for action in their own lives. >> whether or not it involves skydiving? >> that's correct. >> reporter: women soaring with each other to new heights. nancy chen, cbs news, new york. >>> and that is the overnight news for this friday. for some of you, the news continues, for others, check back later for "cbs mornings." and of course follow us online anytime at cbsnews.com. reporting from the nation's capital, i'm jericka duncan. >>> this is cbs news flash. i'm dan lieberman in new york. the house panel investigating the january 6th attack on the u.s. capitol plans to release its final report the week of december 19th. the committee will likely make criminal referrals related to the capitol attack. former president trump was subpoenaed by the panel but has not cooperated. >>> the house voted to repeal the u.s. military's covid vaccine mandate, passing a sweeping $858 billion national defense

the u.s. inflation prints but there are other things we are monitoring as well including in new zealand. we continue to see these signs of economic weakness from rising rates. also tighter financing conditions because home sales slumped in november. other factors we are watching, in china, expanding covid case numbers, more stress on the hospital systems. and geopolitical tensions as well. given we just heard that japan could now be following the u.s. in imposing export controls on the chipmaking technology or equipment to mainland china. we're singh futures .2 a fractionally weaker start. china is the sole market in the trade in the red. this is the picture across the rest of the board. the yen dropped as much as 1% against the greenback strength. head of the inflation reading. shery: let's talk about those inflation readings. the u.s. cpi print expected it show easing in november. as the federal reserve goes into its last meeting of the year. our policy editor kathleen hays here with the lat

the u.s. trade representative's say the u.s.- strongly rejects the ruling and does not expect to remove the requirement. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm honey going -- i'm vonnie quinn. this is bloomberg. ♪ >> president biden has welcomed volodymyr zelenskyy to the white house, as the ukrainian president seeks to firm up u.s. support for his country's defense against russia. >> for me, as the president, just piece is no compromises as to the sovereignty, freedom, and territorial integrity of my country. the payback for all the damages inflicted by russian aggression. >> for more, let's bring in our u.s. government reporter, emily wilkins. we are minutes away from that expected address to the u.s. congress by president zelenskyy. what are we expecting? >> this is going to be an absolutely historic address to congress. the last time a leader whose country address to congress in the middle of a war was winston churc

u.s. futures -- asia futures move longer. another look at the u.s. economy, nonfarm payrolls. south african president cyril ramaphosa ways resignation amid corruption allegations. their currency takes the worst tumble is in six years. plus, bank cuts. lenders start slashing bonuses at jobs. francine: let's take a look at the futures. we will have plenty more from current entries and we will also speak to the south african finance minister later on. the dax is pretty much unchanged, similar for the ftse 100 futures. it is all about data from the u.s. today and what the fed does or does not do. tom: given the buildup to nonfarm payrolls on the estimates, slightly softer than the month of october where the number came in around 260,000. the participation rate will be in focus. wage growth continues to be above the levels pre-pandemic, all of that feeding into expectations as we build up to that. the ftse 100 is currently down 0.2%. in germany, a loss of 10%. let's switch it over and have a lo

the u.s.must also expand the tools available to hold problem companies and their officers and executives and owners accountable and work to coordinate these activities with allies. finally, the u.s. should apply diplomatic pressure to the countries that have become safe havens for these problematic companies. with that, i thank you for your time. >> thank you very much, mister huntley. >> chairman schiff, ranking member turner, and esteemed members of the committee, good morning. my name is shane huntley. i'm the director of google's threat analysis group, or tag. it is the team within within google whose mission it is to analyze and disrupt serious and targeted threats and against google and our users. these include government backed actors, serious cybercrime, and disinformation actors. -- large investment in making the internet more secure. we work with many other teams within the company, including project zero, android, and chrome security. we also work across the industry civil society a

the u.s., 441,000 citizens. our reservation is in northeast oklahoma, the part of the country we were forcibly removed to in the 19th century. through that treaty you mentioned. the 1835 treaty of -- we are a government that does a great deal. we look to the u.s. to meet its obligations under treaties and laws and that is what this effort is about. kristen: you want our viewers to know about that treaty and your efforts to finally get representation in congress to that treaty. tell us how did the treaty come about? what did you give up in the process and what were you promised and who promised it? >> treaties are the supreme law of the land. there are lots of indian treaties that the u.s. has entered --they broke everyone of them with the cherokee nation. this treaty is unique in that it was the basis for our forced removal. the cherokee people were living in parts of the country that were the state of georgia, north carolina, that part of the country is what we are talking about. in the 19th

more than half in the u.s.ands out. -- and another lens. >> we have to give a big shout out to those very few investors who were already on the bet the boj were crack. >> may be an early christmas present. some investors to get this right. some had been middle -- that the bank of japan would be forced to pivot. but the question was around the timing and a handful of them seem to have gotten it right. we spoke with bluebay plus chief executive officer, he expects the upper window yields to 75 basis points by march. here's what he said. >> do we think this is just an isolated move? no. this is the beginning of normalization. they have been increasingly struggling to hold their emergency policy. that has now changed and we are on the pathway towards normalization and the market is going to be volatile along that path. >> we will have more on the boj later. but, sam bankman-fried reportedly signed extradition a person will return to the u.s.. this is bloomberg. ♪ >> south korea's hyundai has quietly slipped into be

it is over in the u.s.. we did see an index of dollar strength up swinging between small gains and small losses. it ended up trimming a weekly rally that was from the boj early adjustment for curve controls. let's look at other moves we are watching out for. yesterday we had a slump in u.s. technology stocks. more economic data validating the case for the fed to keep hiking interest rates. that set a downbeat note. old pretty much unchanged. you can see some european stocks stabilizing. little gains for the ftse. remember the ftse closes at 1230 u.k. time. if you are u.k. trader, you can go home nice and early. cross asset, we talked a bit about treasuries and dollar. overall again, the focus today is really court pcd inflator which is eight measure tracked by the fed. we have another piece of news. stocks falling yesterday on strong u.s. data back further fed hikes. it felt as much as 3% before recovering into the close. valerie tytel joins us with the latest. what stood out in the u.s. data that impacted s

a u.s.ourt throws out a class-action lawsuit claiming its heartburn medicine causes cancer. >>> blue bell capital calls for larry fink to step down. speaking to cnbc, he says the strategy is only paying lip service. >> we see a number from that practice of the government's social embattlement perspective, which is not exactly in tune with what they say. >> nbc concludes raphael warnock wins, giving the democrats the lead in the senate and a major blow to 2024 presidential candidate donald trump. >>> good morning well, our top story today, china has announced that asymptomatic covid patients as well as those with mild symptoms will no longer have to quarantine in isolation centers and that close contacts of positive cases will have their quarantine period cut to five days as part of a raft of covid policy reforms. let's get out to evelyn who joins us from beijing. you and i were talking about this last week, the potential for easing the measures to be announced. talk us through the latest mea

the u.s. quite yet. some 3 feet of snow has already fallen in the plains where blizzard conditions are expected for the next few hours at least. in the northeast, the slow-moving storm could bring a foot of snow to parts of pennsylvania, new england h. in some places freezing rain. i'm joined by meteorologist britley ritz. it sounds pretty hectic. take us through what we're expecting. >> quite a few travel delays. that is already what's happening. heavily populated areas dealing with heavy snow. across upstate new york, that's where the heaviest is at the moment. rain for new york city on up into boston which as you know can cause some travel delays in itself. the best thing and best advice i can give you isis slow down as this moves on over all across the region. we'll watch this closely here where of course it will bring in the chance for snow, but also the opportunity for still freezing rain as we move through. of course, my system has locked up on me here so i can talk about what we expect

they needed the u.s. and they welcome the u.s. back in this present administration but there remains a great deal of concern and skepticism that there will be a fall back from the united states. the united states is necessary and it is the beacon but we cannot do it alone. we have to begin with our european allies because we share so many common values and strengths. they can't do alone there and we can't do alone here so to gather, we have to deal with this issue and that's what's important and that's what we saw coming around ukraine is a very important effect of vladimir putin digression. you saw the nato allies come together and the expanded european countries coming together. you suck countries like sweden who's been neutral coming together but it's just not a military issue and that's the importance of understanding the threat to democracy from authoritarianism right now. >> where you think the area can be most instructive? how will that help solidified democracies around the world? congressman keating: when you look at chin

the u.s. and the eu are weighing new tariffs on chinese metals in a bid to fight carbon emissions. >> we had the open of the asx 200. in the early minutes here, we are on the downside. futures suggested a drop of .6%. we did have a lead in from the u.s. session but also the other big factor today is going to be in australia with the rba decision. the general consensus, a hike of 25 basis points. the big unknown is a sort of guidance -- -- sort of guidance we got from officials on what is the outlook for rates. the governor won't shut the door to more hikes ahead. we are seeing fairly flat trading in terms of bond yields. the aussie dollar also unchanged. . the other big factor driving sentiment is what came through in the u.s. specifically the data around services. it forced an adjustment around the expectation for the fed and that's tightening path. we are seeing new zealand trading on the red. futures also looking lower, including in china, even as we see china's pivot away from covid zero a

the u.s.ays it is willing to help china with vaccines. what are the chances that the party will be able to extend that request for foreign vaccines? >> highly unlikely. if they were going to utilize foreign vaccines, they would have done so by now. it really doesn't fit with the politics of china. prevailing over this disease and going it alone. they stick by their locally made vaccines even though they have been proven less effective. there is a sense that the u.s. is using this a little bit of poke china, given the efficacy of their vaccine and the position that they are in. it is highly unlikely china will avail itself of any u.s. vaccines. haidi: emma o'brien with the latest. let's get over to su keenan with headlines. su: fcx co-founder sam bankman-fried has been released on $250 million bail after his first u.s. court appearance on fraud charges. a prosecutor calls it one of the largest pretrial bonds in u.s. history. the package includes a personal bond from his parents. it's terms requ

the u.s.. meanwhile, binance downplays concerns after record bitcoin outflows. plus, loosening its grip. apple will allow rival app stores on its iphones to comply with new eu rules. sources say, getting shares rise. tom: futures are range bound. the backs down .2%. the focus will be on the fed and inflation seems to be coming down not a huge amount, but maybe we saw peak inflation. tom: recalibration by markets after big moves across fx, bonds and the equity space yesterday on the back of that 7.1 percent from 7.7% cpi the focus shifts to the commentary from jay powell. the market pricing a terminal rate of 5%. watching the commentary on the steer of rate hikes, the future essentially priced and by markets. the ftse currently down .3%. inflation moderating. the cac 40 in france down 17 points. in spain, the ibex down under a tentacle percent. oil is five and focus today on the back of opec+ downgrading its forecast of expectations of demand. we have the iea report out in under an hour. that w

the visit coming as the u.s. announces a $2 billion aid package for ukraine that includes a patriot missile and defense system considered the most advanced in the u.s. arsenal. in the oval office biden was presented with a military cross metal and called his visit a great honor, a similar sentiment echoed by mister biden. >> it is all about looking somebody in the eye. i do not think there is any substitute for sitting down face to face with a friend or foe and looking him in the eye. this guy is who he says he is to his very soul. he is willing to give his life for his country. >> cnn has correspondence across the globe. we are live in london, lieberman is at the pentagon with a look at the patriot missile system. we begin at the white house. >> for a leader that has become a beacon of freedom, hope and democracy for the western world over the last 300 days, there was no more dramatic or consequential 7-8 hours then those hours he spent at the white house and capitol hill speaking to a joint session of congress

when the u.s.ests and pulls forward innovation, that lowers costs and makes it easier to deploy in other jurisdictions. certainly we are going to work with our partners and allies for their concerns. we can sit down and talk about them but the president's strategy to make the u.s. an attractive place to invest but also postal -- but also pull forward innovation is not a problem. >> one of the issues is it has to be a longer-term basis for them to bear fruit. how important is consistency? i say this at a time when president biden was talking about this in the past three days and is expected to announce running again. members of the economic council have talked about leaving. i know there have been rumors about yourself. how much is that important to keeping things on the rails? >> who are raising a really important point which is if we are going to provide long-term incentives for private capital to invest in the u.s. and we need policy --. one of the important elements we got done over the past yea

u.s. is already seeing some of those setbacks as a result of extreme weather this year. the price of orange juice is set to skyrocket given a lower supply of the fruit thanks to florida's hurricane season and a citrus disease as well. >> u.s. department of agriculture says florida is going to are produce the smallest crop of oranges in nearly 90 years. orange juice prices are already up 40% this year and experts say the next price hike is set to hit early next year. >>> there's finally some relief from sky high interest rates here in the u.k. year-over-year is down to 10%. it was 11% in october. they are going to raise interest rates for the ninth time in a row as the next meeting is on thursday. >>> former ftx ceo sam bankman-fried spent the night in jail. >> he was arrested and at the request of the u.s. he was denied bail. his next court date is set for february 8th. >> and bankman-fried faces extradition to the u.s. where he's been indicted on charges ranging from conspiracy and fraud

the u.s.conomy and the current debate over 2023 federal spending with peter marie see from the university of maryland. ♪ c-span is your unfiltered view of government. we are funded by these television companies and more including media com. >> the world changed in an instant. but media, was ready, internet traffic soared and we never slowed down. schools and businesses went virtual and we powered a new reality because that media come we are built to keep you ahead. >> media calm support c-span as aublic service along with these other television providers. giving you a front row seat to democracy. ask 2823 programmed out of the next couple of weeks. some lawmakers wonderful the intelligent authorization into the legislation into foreign-made commercial spyware. the house intelligence committee hold on the spyware in july predicted hour and a half. [background noises] >> good morning and welcome the committee will come to order. without objection nature may declare recess at any time. an unclass

u.s. congress. the ukrainian leader was greeted by cheers and a standing ovation and a remarkable moment coming 300 days after russia launched its unprovoked invasion of his country. mr. zelenskyy's visit lasted hours but marked his first trip outside ukraine since the war began. he went before congress to express his gratitude for the critical u.s. help but asked for more assistance. >> our two nations are allies in this battle, and this year will be a turning point, i know it, the point where ukrainian courage and american resolve must guarantee the future of our common freedom, the freedom of people who stand for their values. your support is crucial to get to the turning point to win on the battlefield. we have artillery, yes. thank you. we have it. is it enough? honestly, not really. >> zelenskyy also telling congress he believes next year will be a turning point as the u.s. and ukraine remain allies on the battle. house speaker nancy pelosi gave him the american flag and he gave her

the u.s. now? >> i think there was a question of substance. of course, there was the loss of that some $60 billion submarine deal to france. but there was the way in which it had been announced since europeans learned about it, from the press conference that president biden held with his british and australian counterparts. i think that really ruffled their feathers. the ambassador recalled since they've patched things up and both sides we're told have taken measures to try to restore trust. it really had become an issue of trust. and yet, things ahead of that bilateral meeting we're going to be following today, not as simple as you might think. after that submarine deal, all the events in ukraine brought these transatlantic allies together, various g7 summits at nato specifically. behind the unity, the question of the consequences of the war. we in europe are facing a very chilly winter with extremely high energy prices. the french president is going to be asking for help, cheaper gas prices

he's finally answering to charges here in the u.s.an 30 years after the attack that shocked the world just days before christmas. here's cbs's catherine herridge. >> reporter: the alleged bomb maker abu agela mohammad mas'ud refused to answer questions until his own attorney is retained, slowing down a legal process that pan am flight 103 families have waited 34 years to witness. >> justice delayed is justice denied. >> reporter: victoria's husband was among the 190 americans killed on the plane. >> so this is a significant milestone for me, my family, and all the families of those killed. >> reporter: four days before christmas in 1988, the shattered nose and cockpit bearing the name "clipper maid of the seas" symbolized american lives lost to international terrorism. the bomb ripped through the luggage hold nearly an hour into the flight from london to new york's jfk. 259 lives cut short on the flight and 11 more killed by falling debris in lodgeere,scnd carabrother, rick, one of 35 syracuse students on board. >> why did it matter s

we also have a u.s.igh-yield peer we still hold some of the in the shorter duration were we also see a relatively solid backing from the ratings levels. even if we get a small recession, that should hold off. we are also -- which gives me some comfort. we are seeing analysts on the equity side is starting to have negative earnings expectations for next quarter just marginally. this gives us a little bit more realistic picture of what is going on. in a realistic world where maybe we also get a u.s. recession, that can happen, but things don't have to blow on like they normally do. dani: got to push you on this point because when it comes to credit, both junk and ig, we have already seen spreads compress very considerably. they are back right now at long-term averages. as a chart i have up for you. junk is on the top. investment on the bottom. they are nowhere near close to where they are during normal recession. even if it is just a mild recession, how much further can these spreads already compress? to s

i know our u.s. team was doing a lot on the washington side of things looking at the response from europe. what are you hearing on the ground about how the eu is poised to respond? >> reporter: in essence, julianna, i was here four weeks ago for another meeting of finance ministers of the eu. i was telling you at the time how worried they were about these concerns regarding the u.s. inflation reduction act the eu has been clear it has issues with the subsidies within the legislation meant to support the u.s. industries. this is a threat to many european carmakers within the context, we are starting to hear comments on how the eu should essentially address the problem. over the weekend, as you mentioned, we heard from the president of the european commission suggesting that state aid rules should be relaxed and new funding should be put on the eu table to support european firms in the context i have to say the comments were received by the german finance minister with skepticism if the commissioner's

the u.s.as joined a growing list of countries imposing covid-19 restrictions on people arriving from china. it comes a day after beijing announced it would drop quarantine measures for all inbound travelers. our white house correspondent kimberly halkett has more. kimberly: the biden administration is concerned of the chinese government is not being fully transparent, a concern that goes back to the start of the pandemic. as a result of the ease of recent restrictions in recent days, the u.s. says there is a spike of cases in china. kerry: ukraine's military says russian forces have stepped up military attacks in the city o 6 kherson. israel's incoming coalition government is promising to make expanding illegal is really settlements in the west bank a top priority. a statement says, "the jewish people have an unquestionable exclusive right to the whole land of israel. several western states in the u.s. are battling major flooding days after severe winter storms struck north america. california

the world was reminded how u.s. leadership and the u.s. dollar can tighten the screws on governments which violate long-standing norms. the strength and privileges of the dollar are far from uncontested. around the globe, allies and adversaries alike are taking critical steps to de-doll arise there economies. to develop new methods -- and to control the plumbing of global finance. in some cases, these alternative payment systems are proactive measures taken by government to medicaid the expected brunt of economic sanctions and international vilification. in other instances, -- the global payment sector. this weekend's u.s. competitiveness and jeopardize the area of dollar dominance. requires u.s. regulators and the international committee to -- closely monitoring -- make sure we are not caught flat-footed. our panel this morning helps us understand these challenges and highlight how congress and the administration can prepare for alternative payment systems to grow beyond financial integrity and compromise national security. in order for t

the u.s. relationship is important because most of saudi arabia's defense framework is built with u.s. weapons. and it's also maintained by u.s. specialists. saudi arabia is in a bit of a sweet spot, and the conversation i had this morning with experts including from eurasia, is basically that saudi arabia is getting closer to china and russia in leverage with saudi arabia to get to the united states and ask for more commitments. this is an old playbook, we'd seen this in the past in terms of the cold war, nothing new for diplomacy, but it will raise the stakes for the united states. rumor that awkward fist bump during president joe biden's visit, probably we are not going to see anything like that with the chinese president and the saudi crown prince, but we are waiting for more detail on these investment deals. and how far into the military portion of saudi arabia at chinese investments go. dani: and it does come at a precarious time as you highlight, also a bill is making its way through th

u.s. futures are muted ahead of the data remain on pace to close the week in the green >>> eu ministers edge closer to a deal to cap russian crude prices tentatively agreeing to $60 per barrel ceiling just days ahead of a defacto >>> president hosting his first state dinner >> we want to build peace and sustainable peace means full respect of sovereignty and integrity of ukraine >>> good morning, everybody. happy friday let's catch you up on how markets are faer faring. right after those manufacturing numbers came in showing a 2.5-year contraction the first contraction in 2 .5 years which prompted risk appetite to turn lower. in aceh some negatives coming through. sentiment has turned south, trading down 3 percentage points overall we're weighted all eyes of course on non-payroll expected to show 200,000 jobs created and for the unemployment rate to hold steady but very big number in terms of the direction for the fed moving ahead and all eyes on that next fed meeting. 80% possibility of t

the u.s. and eu said to be weighing joint tariffs on chinese steel and aluminum to fight emissions and global overcapacity. let's look at the futures. the ftse down to tenths of a percent. european stoxx 50 overall down 3/10 of a percent. they are really falling. some disappointing data in terms of u.s. service data and unexpectedly strong. that is fueling more hikes from the fed. tom: good news on data is bad news for the markets. the theme is coming through. we saw losses across equities yesterday. in terms of how we position, it is a question around the terminal rate. once again strong on payrolls and strong services data out of the u.s. just readjusting and leaving to a rise in terms of forecast for the markets in terms of where the terminal rate ends up. plus 5% now is what the markets are expecting. ftse 100 down to tenths of a percent. france down 19 points. germany the dax off by 3/10 of a percent. we had the ecb chief economist as well coming on saying we are close to peak inflation b

u.s. aspirations at the present moment over the last year or so, that it's very possible that this conflict, this war, could spread to include other countries, in other words, more likely than the possibility that ukraine and russia can contain this conflict is the possibility that the conflict will spread to include additional countries other than ukraine or russia. already, you have lots of countries, including the united states, they're involved in the conflict from a certain distance. it's an open question whether they can retain that distance, and that sense, this is to be very melodramatic and hopefully not irresponsibly so, in that sense, the war new crane runs the very very real risk of becoming a world war. that is unfortunately the precedent with these kinds of wars in europe, because of the density of countries that are so closely connected and related, they draw one another into these conflicts, so, we have two examples from the 20th century of what we're at the beginnings smal

u.s. ♪ this al jazeera live from doha. also, a defiant stand against the taliban, a group of women protests against the ban against women at universities. a cabinet reshuffle in peru as the president tries to find a way out of the political crisis. and, a colorful glow, how the pink iguana is making a comeback on the galapagos islands. ♪ ukraine is getting a significant boost to its air defenses in its war with russia, a new 1.8 billion dollar assistant package announced by u.s. president joe biden including u.s. patriot missiles. speaking alongside volodymyr zelenskyy, president biden said u.s. will stand with ukraine for as long as it takes. it is the first trip abroad for president zelenskyy. >> i wish you peace. i think that is the main thing, and you understand only win the war is in your country, when somebody like these terrorists from russia come to your houses. we really fight for our common victory against this tyranny. that is real life, and we will win. >> the package will incl

u.s. population, around 170 million people, are under winter alerts for snow and icy conditions that are bad and getting even worse. those hitting the road see family for the holidays, you might want to reconsider. this is what it's like trying to drive in cheyenne, wyoming. for those who are looking to fly, that's a wild card. airlines have canceled 128,000 flights. homes and businesses are without power. that number is also growing. cnn has reporters across the u.s. covering this. britt britley ritz is with us. pete muntean is at the airport in chicago. lucy cavanaugh is in denver, colorado. omar jimenez is in chicago. first we'll head to britley for the conditions. >> that arctic air pushing down into texas and through the ohio valley and southeast. we have actual temperatures below zero. des moines, 9 below. that's fahrenheit. when we factor in the wind, that's what counts. the wind chill. what it feels like to your skin. 39 degrees below zero. wind gusts in indianapolis, 41 miles per

u.s. federal appeals court has dealt a major blow to donald trump in the case of those documents seized from mar-a-lago. the three-judge panel has posted a review of the materials from a special master. trump has seven days to appeal. a source tells cnn the former president's legal team is weighing its options. fbi agents seized 33 boxes from a florida estate in august. they include classified materials including some marked top secret. cnn's sarah murray has more. >> reporter: an appeals court halting the special master review of documents seized from mar-a-lago. this is a huge blow to the trump team and frankly a big win for the justice department. this three-judge panel ruling the special master should not be involved in this case. here's a part of what they say in this ruling. the law is clear, we cannot write a rule that allows any subject of a search warrant to block government investigations after the execution of the warrant nor can we write a rule that allows only former president

u.s. has a crew on the scene ready to bring any updates. from there griner will be taken to a nearby army medical center that specializes in the treenlt of torture and other issues. >> reporter: the dramatic moment of the high stakes prisoner swap. brittney griner in the red coat walking towards the american plane. coming towards them, state department official roger carstens viktor bout. griner is shown leaving russian detention and boarding the plane in the snow. her passport returned, griner smiles knowing she's heading home. >> are you ready for the flight? >> yes. >> congratulations again. >> back in the u.s. griner's wife sherrell was invited to the white house. >> today i'm just standing here overwhelmed with emotions but the most important emotion that i have right now is just sincere gratitude for president biden and his entire administration. >> reporter: the release was the culmination of many months of negotiations with russia. >> this work was not easy. negotiations are always

we know u.s. equities and nasdaq and growth stocks benefit from the dovish fed nasdaq in particular will benefit. if that goes up, bitcoin will go up it is lumped in that category. dovish fed for many believe that will equal better bitcoin performance over the coming months >> i thought it was supposed to be an inflation hedge. here we are are coming off the biggest spike in inflation in 40 years and bitcoin did not perform. >> there is still a bit of risk. not a little bit, but a lot of risk in the market contagion story is not over yet. we see daily issues with the crypto companies kraken laid off 30% of work force. over 1,000 people. that is huge you will continue to see more and more layoffs as the crypto winter continues it will get deeper a lot of analysts are looking at the down side level of the. >> i have spoken to a lot of people retail investors who did not know a lot about crypto, but it was exciting and put a big chunk of savings and a lot of people lost a substantial portion of their

pharmacies across the u.s.irecting customers to stores for supplies of children's medications. buenos aires through the party of the year to celebrate argentina's world cup champions and everyone was invited. the government declared a national holiday for tuesday's victory parade and check that out. as a result, an estimated 4 million people flooded into the streets to celebrate the country's first title since 1986. the street parade as amends as scale as you see in your screen, if you get out of hand especially when to, man they jumped from an overpass bridge on to the teams open airbus. a bold move, the parade was later halted and leonel messi and his teammates. they were forced to move their party to the air. what does that mean? well, stefano pozzebon has more from buenos aires. >> in the end leonel essay and his teammate of the national football team of argentina were not able to complete the day parade as they were planning to do on an open bus cruising through the streets of buenos aires. with the world

u.s.? if we had a daily lens into the location of customer money and customer property, you can imagine given what we learned what happened with f.t.x. we could have certainly prohibited many of the actions we're hearing about. senator boozman: do you agree that the f.t.x. collapse shows the need for, number one, bring entities into the u.s., to enable regulatory oversight into them, and number two, create a framework focused on regulating custodians' exchanges and scrutinizing conflicts of interest relating to common ownership and control of exchanges and trading firms? chair behnam: absolutely, senator. i think naturally if there was a regulatory framework in the u.s. you would see a number of entities, perhaps, migrate to the u.s. and register and this would bring the transparency that is direly needed around all the issues that you stated. these are core fundamentals of market regulations. these are core fundamentals of cftc regulation, ensuring there are no conflicts of interest and th

the u.s.tral bank hiked interest rates again, warning more rises will be necessary to curb record inflation. the u.s. is her sting african leaders in washington as tensions -- over tensions over the war in ukraine and china's close ties to the continent. >> what seven motherwort describes -ven letter word describes what you will be doing over christmas day? >> the brainteas for kids set by real-life agents at the u.k. spy agency. >> welcome to world news america. we begin with the football world cup. france, the defending champions, will meet argentina in the final the sunday. the stage is t for a clash of two giants. france defeated morocco 2-0 this afternoon defeating the best run ever by an african country in this tournament. >> what a final it should be sunday between france a argentina. the french winning 2-0 in the semifinals against morocco. the moroccans have been the story of the worldit is the ther them. the french took the lead very early on. a scissor kick from a very tight angle a

our forecast for u.s. equity markets next year in terms of earnings is -6% versus single digits, which is why we are underway to develop market equities. but we expect to turn more positive either through dialing up our risk budget, or if markets were to price recession more adequately. francine: i want to ask about china and what we're getting wrong, then japan. on china, is there a misunderstanding that when they fully open up, we will see energy prices go up? we will see the commodities they need to reopen the economy become scarcer. wei: in terms of china reopening and what that means for global demand and inflationary pressure, it's not straightforward. on the one hand, you have supply chain easing. that should alleviate pressure on the inflation side, on the other hand it alleviates greater demand. so, we believe the effect from china reopening is nuanced, but a bigger driver for inflation next year is what we just talked about in terms of the net zero transition and the goods-service rotation. but m

the u.s.. the fed is very confident in their models that the u.s. economy is holding up well. they are looking at things like the u.s. employment rate which is still extremely low and jobs are being created. if you look at the fall in equity markets, that tells you where short-term traders what they are thinking and where they are putting their money. the hedging in the long end of the treasury market, i think you can take it with the pinch of salt. that's not a huge commitment to the market. the reality is what's going on in the equity market and that's not so serious. >> the u.s. is also adding dozens more chinese companies to a trade blacklist that prevents them buying certain american components. stephen engle is joining us from hong kong. what specific action is the u.s. taking? >> adding 36 companies to this entities list. it is in an effort to limit chinese companies from accessing the most advanced chip technologies as well as ai technologies because of the fear that it could end up at

>> yes. >> so before ftx u.s., u.s. customers were not, didn't have a former platform to participate in, because as i understand, it ftx international was for non-usa customers? >> that is correct. >> so, do you happen to know how many ftx u.s. customers there really is? >> we don't have an accurate customer account. we have a user number, which is about 2.7 million. customers did have multiple accounts. some of those accounts of zero balances. >> so 2.7 million. we were told that's, i saw some information that we were told was about 2% of the total picture of ftx customers, is that about right? >> i don't know how they're calculating. that on a relative basis, the u.s. users and the value and the petitions day is relatively small compared to.com. >> i'd be curious to find out, and i've asked this question, -- just about this whole crypto space, who is the consumer here who. are the people being harmed? i'm not talking about hedge fund managers. i'm not talking about investors. and not talking about entities. how many r

five u.s. military aid for ukraine is a big topic at this weekend's annual reagan defense form when california defense secretary lloyd austin is keynote speaker today. our chief national security correspondent jennifer griffin isn't moderating a panel there. she is live there joining us now with more comments and what more can you tell us? >> hi arthel. defense secretary lloyd austin just started speaking to the luncheon crowd here at the reagan national defense form. i just hosted a panel on the way ahead in ukraine and which greg hayes who is the ceo of raytheon and makes us a javelin missiles and the stinger missiles that have been so effective in the hands of the ukrainian, he explained and highlighted his concerns about u.s. weapon stockpiles and the need to ramp up production. >> the problem is we have consumed so much supply in the first tendons of the war have essentially used up 13 years of signal production in five years worth of javelin production. the question is how are we going to

there is no more u.s. embassy in kabul.the legally required in-person interview instead of at the u.s. embassy. it would allow them to do it online. it would create a task force to speed up the processing and extend eligibility to the afghan commandos and special forces who do not have a viability pathway under any plan currently available to the united states. >> matt, to hear the surrealism in this brattic paperwork which boils down to men, women and children who are unable to escape that hell hole as you described of the regime there in afghanistan, it's amazing. there's no embassy. that's where you have to go to get the paperwork done. >> yeah. >> i thank you, matt, for being with us. it's really important that we continue to have this conversation. >> i thank you for having me. for folks watching at home, if you want to help us, show up. call your member of congress, tell them you want them to pass the afghan adjustment act. >> matt zeller, i thank you so much. >> thank you. >>> up next, president trump's challenge of

the u.s.at a time when the biden administration is moving to ease some sanctions on venezuela that have devastated the country. plus, we go to atlanta, georgia, where five activists are facing domestic terrorism charges for taking part in a forest encampment to protest the building of what's known as cop city. >> cop city is basically where they're going to the police department will practice urban warfare. the ct they need this kind of facility, the largest in the country, to fight so-called crime is a disgrace and a dishonest use of resources. amy: all that and more, coming up. welcome to democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the irs failed to audit former president trump for his first two years in president, while trump paid little or no federal income taxes between 2015 and 2020. the long-awaited revelations came to light tuesday after the house ways and means committee voted to release trump's tax returns after a years-long battle to obtain them. tru

for 10 years the u.s. mexico partnership was driven by an initiative, but by the time the current mexican president got into office, his new government declared that agreement dead and wanted to renegotiate a new one -- social programs, trying to discourage young people from getting involved in drugs. it created a rift in that partnership and to this day u.s. agencies like the dea are still trying to re-accommodate themselves to this new reality. it has certainly limited their ability to operate in mexico and by many accounts it has strengthened mexican trafficking . host: nick miroff, hope we get more times with you. >> fridays at 8:00 p.m., c-span brings you afterwards from book tv, a program where nonfiction authors are interviewed on their latest books. tonight, how the u.s. can avoid the worst economic catastrophe of our lifetime. watch afterwords tonight at 8:00 eastern on c-span. >> c-span's "washington journal," every day taking your calls live on the air on the news of the day and discussing polic

happy that a u.s. citizen is back on u.s. but we have to look at other folks that are still out there and what does that say to their fate? >> carley: brittney griner does live in phoenix, she is landing in san antonio to be taken to brooks army medical center, place where people go to be debriefed and place that handles people who require sensitive medical treatment, people who have been tortured, as well, so with that, what do you think brittney griner has been through over the past 10 months and what does her future look like? >> had it is unimaginable for what she has been through for first 300 days, shea will try to gather and debrief and gather information that she has been through and be reunited with her family pretty quickly. this is a process. i keep going back to all the other americans that are out there. we celebrate brittney griner being here, but i think our heart and certainly our thoughtses need to go with mr. wheeland others still out there and i think this administration and hopefully they are, are doing ev

the u.s. rolls out the red carpet for african leaders as they try to counter trash -- as they tried to counter russian and chinese influence in the region. just one win away from the title that has eluded him for his entire career. they lost 3-0 it was messy, much of this boring -- much of the scoring coming from the penalty box. >> argentina has just won the semifinals. you can see, what buenos ares looks like. we are celebrating, the country is exploding right now. this country loves argentinians national team. they love the players. they love watching the messy plays. -- watching wessi -- messi plays. people like who they are seeing. >> i love messi, our country has so many footballers. we're just so happy. >> a you can see what people are feeling right now, they are celebrating what the national team means for this country and what messi means for the country. there is a deep political pluralization, but there is -- political ploy already seshan but there is one thing that unites this coun

it says that u.s. government congressional officials fear the conflict in ukraine is exacerbating $19 billion backlog of weapons bound for taiwan. can you say something about that? is there a backlog? and if so, what are we doing to get rid of it? >> let me say emphatically that the u.s. support of ukraine is in no way negatively affecting our ability to provide and fulfill fms cases. and otherwise support taiwan. in fact, there is a lot of lessons learned out of ukraine and a lot of congressional support for building out the defense industrial base that we knew would be critical to our ability to continue to support whether it is taiwan relations commitments we have or other ally partners that bring forward or request this. the major difference to demonstrate this why these things are not connected. we've done presidential drawdowns. the new york times report javelin for instance we been drawing our own equipment stocks for ukraine for that. but we have for taiwan is an -- brand-new car on javelin amo