the at the brookings think tank. us is really rolling ou carpet the us is really rolling out the red carpet here pulling out all the stops. looking at this, you mostly did this at the same leader is denied a visa over human rights concerns and there is a change in tenor in this relationship. why has india become such a strategic partner for the india become such a strategic partnerfor the us? india become such a strategic partner for the us? india become such a strategic partner for the us? you re right that the administration - partner for the us? you re right that the administration is - partner for the us? you re right| that the administration is rolling out the red carpet. and it is along the lines of the last few american administrations of done and strategically important as a rising power that will play an influential role, notjust on the world stage but specifically in the asian pacific and there s also this steep convergence strategically on the question of china.
desperate hours in the search for the missing titanic sub. still no sign of the craft as oxygen quickly runs out. plus a deadly tornado strike, three people killed in north texas, the state s second fatal storm in less than a week. and president biden is welcoming narendra modi for a state dinner even though some of his policies may be a little tough to swallow. welcome to our viewers in the united states and around the world. i m christine romans. we begin with just hours remaining until the air runs out on that titan submersible. the sub went missing sunday morning less than two hours after its launch to tour the rec of the titan . they had a 96 hour supply of oxygen and that is due to run out this morning. if they are still alive, and we re looking at dwindling oxygen, that the decrease in oxygen getting to the brain and that increase in carbon dioxide is a very panicky situation. you feel your world closing in. paula newton is live in halifax. what is going o
i like the governor, the lieutenant governor of south carolina. and henry mcmaster has turned out to be a great, great person. i put her over there, but much more important to me because henry mcmaster was great, always great. and people love him in south carolina, and i got him to be governor of south carolina. that was a very big thing to me, and i put her in that other position. that s donald trump trashing his former ambassador to the united nations and then offering a down right strange explanation for why he appointed her in the first place. you heard the former president talk about haley s poll numbers and new data showing his own are slipping a little bit. we ll dig into that in just a moment. plus we ll get expert legal analysis on the plea deal for hunter biden as we re learning more about the terms agreed to by the doj and the president s son. also ahead the latest on the search for the missing titanic tourist submursable after canadian aircraft detected unde
right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southeast as
which strips out volatile items like food and fuel is actually going up! rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. lets hear from some of them. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends. and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go onto variable, and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact . on our expenditure, and it has a huge impacti on the family as a whole. the government s finance chief chancellor of the exchequerjeremy hunt says bailing out struggling borrowers only risks stoking inflation further no matter what the pressure from left, right or centre, we won t be pushed off course. because if we re going to help families, if we re going to re