delegitimized and apply double standards to the state of israel is, in fact, what we should be condemning. it is very, very sad. and the i ve soojee, in many ways, has to make the decision, is it going to be a court of justice like in the trial or will it be a court of injustice just like in the dreyfuss affair. mikael, i want to thank you for our time. i m sorry it is abbreviated. we did lose the connection at first. i m very glad that you could speak with us on holocaust remembrance day. that is this edition of alex reports. i will see you again tomorrow. at next, the weekend. i am ari melber let s get right into the headlines. a jury just hit donald trump with the record-breaking penalty for lying about a sexual isn t to cues are. the defendant ordered to pay $83 million to eugene carroll who is the victorious plaintiff in this case and right here you can see she first walked out of court with her lawyers today. we could tell you the jury deliberated for under three hour
accuser. he s ordered to pay $83 million to the writer e. jean carroll. she s the victor was plaintiff in this case, as she first walked out of court with hers lawyers today. the jury deliberated for just under three hours. that is fast. it shows a very costly miscalculation that he, the ongoing defendant, made by lying and defaming her again after a previous cord victory. $18 million to compensate carroll. okay? that s what the jury foun and then the larger number, a massive $6 billion to punh this defiant defendant. i m going to walk you through why that is such a high number. the injure determined he acted maliciously. this is big in every sense, a large amount of money even for an wealthy defendant they can directly grab the money, as loan as trump owes this and the judgment is not somehow later reversed, the court system can take the 83 mill from his kits, his properties, period. this also sets a huge and significant press den, as legal, as legal reporters ctainly know,
i m sorry, albert let s get right into the headlines. a jury just hit donald trump with this record breaking penalty for lying about a sexual assault accuser. defendant trump, ordered to pay $83 million to the writer e. jean carroll. she is the victorious plaintiffs in this case, and right here you can see as she first walked out of court with her lawyers today. now we can tell you the jury deliberated from just under three hours, that is fast, and they dubbed trump a huge loss, which set its records, and shows a very costly miscalculation that he, an ongoing defendant made by, according to the court system, lying and defaming her again after a previous court victory. here are the numbers tonight, if you ve been watching the news, you may have seen some of this. i want to break it down for me. $18 million to compensate carroll, okay, that is what the jury found she should get for what she went through. and then that larger number, a massive $65 million to punish this defian
liquidation of the company. it basically means its assets will be seized, sold off, in order to repay some of its outstanding debt. in terms of the company public day to day operation including building homes in mainland china, it will probably stay the same for now. this ruling doesn t send a through the chinese financial market because of course for many decades a real the real estate sector has been one of the major drivers for china s economy growth. whether or not this liquidation process will be followed remains to be seen because despite the one country, two systems slogan, many experts that i ve spoken to have said that there are some thornyjurisdiction issues some thornyjurisdiction issues so whether or not the liquidation there liquidator that will be appointed by hong kong court, whether or not that person will be recognised by mainland china remains to be seen. of course a lot of ordinary chinese citizens have been, have invested in evergrande, haven t had thei
more than 3/10 of a percent. this is what they call a bull run. the market s been on the upswing since october 2022, and it s thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hoverin