and the latest economic numbers participate a conflicting picture. we ll help you figure out what it all means. the sri lankan president say they ll resign after tens of thousands of people stormed their residences to protest the country s economic cries. this comes after months of protell uses across the south asian nation. it reached unprecedented levels on saturday. at one point more than 100,000 people converged outside the president s residence calling for his resignation. the prime minister says he s willing to make way for an all party government to take over. sri lanka s parliamentary speaker is calling for calm as the country waits for a transition of power to occur. translator: there is no need to destabilize the country any longer. i respectfully request for the cooperation of everyone on behalf of the country and for the country s future in order to maintain peace. cnn s will rippley joins us now from taipei. the protesters got what they wanted in a sense. t
on some level, i was wondering after reading into this, reading your work, is this a matter of timing, like behavior hasn t caught up to the reality that is coming before us? what i think it is, is we had a huge buildup of savings during the pandemic. and that is helping to buttress spending going forward and has been for several months now. that only could last so long. and at the same time businesses need to retain workers because they learned how hard it was to operate during the pandemic when they didn t have the workers they need. they still don t have all of the wor workers they need. and they re increasing wages and the delicate balance is staying put, which is that businesses could keep workers on because demand remains strong and people continue to spend because they have built up savings and their incomes are rising and while inflation remains pretty high, historically high in a major problem, that we could continue on this for the time being.
were down for a week. analysts believe the national average price for regular gas could fall 15 to 20 cents in the coming weeks. analysts say this could be due to fears of a recession bringing demand down. meanwhile u.s. president joe biden says he hasn t decided whether he ll lift trump era tariffs on china. the tariffs apply a 20% duty on billions of chinese goods. but china s behavior hasn t changed and the biden administration says beijing hasn t upheld agreements on purchasing u.s. agriculture products included in the trump era trade deal. and for more on the state of the economy joining us now is ryan patel, a senior fellow with the director school of management at claremont graduate university. thanks for being with us. it seems the numbers are just all over the place. some of them suggesting we re sliding into recession. others seem to show the economy has recovered, even booming. like the fact that the gdp is
from riyadh. a lot of focus on the time the shooter spent in saudi arabia. reporter: yeah. it would be timed like military students do when they go to the united states. they have the holidays back home with the family in saudi arabia. we had the prince calling president trump yesterday, promising absolute cooperation with the authorities and investigators here. what does that mean, absolute cooperation? it kind of gets a little murky, as the precisely what that will be. the officials saying, what that cooperation will look like. what we can expect it to look like, the saudi investigators will be talking to his family, talking to his friends, trying to figure out what he was doing, where he was going, who he was meeting, how he changed his behavior. his family said he behavior
that s all he ll have. even after 72 hours on special controls, schreiber s behavior hasn t improved. he s acting out, still yelling, still trying to disrupt the other offenders. he s been on for 72 hours so by policy, he has to get a shower. we re going to extend it for 24 hours. i want a shower and a piece of property bag. this isn t negotiation. if your behavior is appropriate, we ll go ahead and proceed with giving you your property as outleaned in tou outlined in the property. can i have a mattress today? if your behavior is appropriate? at what time that s what