The transatlantic row has domestic ties with brexit and the conservative Party Leadership race all entangled in this resignation. Also on the programme. The us labor secretary comes under fire for his role in a plea deal reached with a financier now charged with sex trafficking. Alex acosta will soon speak out. And thousands cheer on the Us Womens Soccer Team and their fight for equal pay at their ticker tape parade in new york. Hello and welcome im katty kay in london, Michelle Fleury is in new york. British diplomats are supposed to be able to tell their bosses in london what they think, without those thoughts becoming public. They are supposed to be able to give candid analysis without fear of losing theirjobs. Today, Sir Kim Darroch, britains ambassdor to america learned that neither of those things still hold. Sir kim resigned today after leaked emails printed in a uk newspaper revealed his less than flattering assesment of the us president. The resignation is highly unsusual and
The committee on health, education, labor and pensions will come to order. Senator murray has an important meeting right now and she has asked me to proceed with the hearing because we have six excellent witnesses and we want to make sure that we hear from each of you, and we want the senators to have a chance to ask questions of each of you. So patty should arrive about 10 00. When she comes, why, well interrupt and let her make her Opening Statement and then we will resume the hearing. Good morning, senator murphy. Nearly a year ago dr. Brent james from the National Academies testified before our Senate Health committee with a startling statistic. Up to onehalf of what the American People spend on Health Care May be unnecessary. Let me repeat that. Up to half of the 3. 5 trillion the United States collectively spent on health care in 2017 was unnecessary according to dr. James, and many of the other witnesses at our hearings agreed with that. Thats 1. 8 trillion, three times as much
Surveillance. Jonathan good morning, good morning. This is bloomberg surveillance. Posited by 0. 2 on the s p. Chairman powell would like a little bit more data. Going into the Federal Reserve meeting last next week, will he have sufficient evidence to change his view on the economy . Lisa people are really looking at this as being one of the most important in the last couple of years which is what we hear every single time, this time or option more often. The idea here is if you see another hotter than expected cpi print, you will start to reprice the Federal Reserve so they cannot cut rates until well after june. The question is exactly the same. The question on wall street has not changed. While the upside surprise a oneoff or not . We dont expect the report to provide clear and of evidence of disinflation to boost the fed confidence to cut Interest Rates. This is about how we set up that meeting going into next week. What i extrapolated yesterday was actually how they view inflatio
Spshakeup inuleadership at that prison. Yeah. Jacob. Indeed, even as we see fbi agents coming and going throughout the prison, now, they are possibly building yet another criminal case in the wake of thatc massive sex abuse scandal involvinguguards and female inmates, a major shakeup at the all womens federal prison in dublin on monday as fbi agents swarmed the facility, ktvu has learned. The wardenuand associate warden and a captain leadership is now in place. The restructuring comes as about 20 fbi agents raided the facility. A bureau spokeswoman confirmed those agents were at the prison conducting, quote, Court Authorized Law Enforcement Activity but declined to elaborate. The fbi agents were at the prison for most of the day. At one point, they were seen removing at least one box of potential evidence and placing it inc a minivan. The prison has been at the center of a long running sex abuse scandal thats been documented extensively by ktvu. Eight prison workers have been charged b
I mean, these figures for trade are actually even worse than economists had anticipated in terms of exports. Its the weakest data since back in february 2020, when china, of course, was right in the thick of the pandemic. Why is this data so bad . Well, its mainly to do with chinas customers abroad. Theyre really struggling with high inflation, high Interest Rates. So theyre spending less money on chinese goods. And if youre a policymaker in beijing, well, its difficult to say what you should do about that. You cantjust force other countries to start buying more of your goods. But theres also more to contend with. If you look at the spending within china, thats also looking not very encouraging at the moment. Tomorrow, were expecting some more figures to be coming out, which will probably show Deflation Prices actually going down in china. Thats a bit more difficult to explain. But there are some people who think that chinas Zero Covid Policy went on for so long that customers just are