pushing a radical program. the floodgates opened in 2020 when they came up with a bright idea to defund the police. they wanted us to believe take resources away from hot police would make us safer. major cities that embraced the idea found themselves in crime. and no city saw so much of a change in life than portland, oregon. portland jumped to the defunds the police movement in 2020. the council cut its budget by $15 million. in 2020 homicides increased 83% in portland. that trend continues in 2021 and 2022. the city tried to combat growing crime by refunding the police in late 2021. but the force is struggling to bring back officers. portland has become a prime example of how quickly a city can fall into anarchy when there is a break down in the rule of law. burning down buildings, squatters. violence in the streets. last year there was a 17% increase in burglaries. if you look at the property crime, it s not much better. they had a truck pull up and break into the front
unfolding in the banking sector has boosted the odds of a recession in the u.s. within the next year. but treasury secretary janet yellen is about to wrap up her senate testimony and she argued the fallout has been contained. i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong and that depositors savings remain safe. now, the market seemed skeptical until they got word that chase and morgan stanley are considering rescuing the struggling first republic bank. regional bank stocks are mixed, which is actually a major improvement from earlier today. elsewhere in the economy some promising new data on jobs and mortgage rates. we have cnn s matt egan, who s here once again to help make heads or tails of all of this for us. okay, matt, let s start here wit
we ll dig deeper into the decisions made by police and first responders and the decisions officials are faced with right now that could stop the next attack from happening. our new nbc news poll showing americans increasingly grim about the country s future saying it s a disaster. the warning signs for joe biden s expected re-election bid, how can he turn things around. no golden elevator, no wild crowds. donald trump s 2024 campaign kicks off with what one publication called a sleepy event in new hampshire. just 400 people in a high school auditorium. does that kind of kickoff open the door even wider for other republicans to jump into the race? a lot to talk about today. at this power the country is struggling to come to grips with the sheer brutality and inhumanity of the death of tyre nichols, put into devastating focus by today s new york times analysis. it concludes that officers shouted at least 71 commands in 13 minutes, many of them orders described as impossib
of the government s plans. hundreds of thousands of workers go on strike in uk today more could be the biggest walk of industrial action since last year. a state of emergency has been declared in malawi with more than 200 people now confirmed dead after storm freddy hit southern africa for the second time in a month. and a small number of wolves have started to settle in belgium, for the first time in more than 100 years, as numbers increase across europe. hello and welcome to bbc news. let s begin today with the latest from pakistan, where the police appear to have stopped the operation to arrest the former prime minister imran khan. it appears to be due to a cricket match taking place. they say they will resume trying to arrest him afterwards. unrest continued in lahore through the night as imran khan s supporters clashed with security forces after police made another attempt to arrest him on a court order. he has accused the authorities there of acting outside the law in t