in what is being viewed in come circles as a sign that eurozone borrowing costs may soon reach their peak. the move mirrors the us federal reserve s quarter point rate rise on wednesday. central banks on both sides of the atlantic have dramatically raised rates since last year in response to a surge in inflation. professor christian de boissieu is emeritus professor of economics at the sorbonne university in paris. the lending service from the bank suggest that a credit crunch is looming. does that suggest to you that the era of credit cycle tightening has come to an end? i would first say that this credit cycle is not over yet. it is true that it cycle is not over yet. it is true thatitis cycle is not over yet. it is true that it is becoming more and more difficult for people to borrow, given the rising borrowing rates but if you take the example of the eurozone, i expect further increases in key rates before the fall. the cost of borrowing will continue to increase, there c
so what is dhs secretary mayorkas doing during his visit there? happening as we speak. to convince folks the government has things under control. and the gunman accused of shooting five people in atlanta is expected in court later today less than 24 hours after he was captured, why the police chief says technology was key to making the arrest. we are going to start, though, with the breaking news, four members of the right wing militia group the proud boys have been found guilty of rare seditious conspiracy charges, all of them now facing the possibility of spending up to 50 years behind bars. this is just a partial verdict. the jury was considering more than 40 counts against the five defendants, and is yet to decide several of them including a seditious conspiracy charge against the fifth man, dominick pizzola. i want to go ahead and bring in nbc s ryan reilly outside the courthouse in washington, carol lamb is a former federal prosecutor and msnbc legal analyst, and ma
good afternoon. i heard that karine jean-pierre, the spokes woman at the white house says she doesn t know what title 42 will look like when it lifts may 11th. let me help and give you an idea. we re here at ground zero at camp monument in brownsville. there s over 2,000 migrants a day coming to this location. nearly 15,000 in the week i ve been here. they re getting better at screening, processing and transporting these migrants out. that is the problem that we re dealing with now. this is the calm before the storm. it s already overwhelming agents on the ground. let me show you also some of the humanitarian crisis. we can show you video. the migrants are in the water on flotation devices. many struggling with trying to deal with the river. some of them can t swim. that s why you have border patrol agents along with texas dps and texas national guard down on the river literally saving lives around the clock as well. we talk though to some brownsville residents, neil. the
room for compromise yet on an issue that impacts the global economy. us treasury secretary janet yellen says the us could run out of cash byjune 1st, prompting president biden to call a meeting with the top leaders in congress next week. in a letter to the leaders today, yellen warned: speaker mccarthy responded to yellen in a statement, saying: the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a $10.6 billion deal brokered by regulators. they seized first republic early on monday, after efforts to rescue the bank fell through over the weekend. the failure of the bank is the second largest in us history, and the third in the country since march. samira hussain has more. as of mond
mariucci video predict what another four years could look like. teacher s union boss randi weingarten expected to get grilled on capitol hill with. a new report out on the response to covid calling it collective national incompetence. many of the schools could have been opened earlier. [applause] high drive center field. it is out of here! this game is over! here we go back this is the moment tonight is the night we ll fight until it s over so we put our hands up like the ceiling can t hold us like the ceiling can t hold us can we go back this is the moment. ainsley: lots of people already on the streets in hot atlanta down there in georgia. it s 58 degrees. feels like it s 56. going to get up into the 60 s. not too bad. 63, going to rain around noon. take your umbrella. actually, 60% chance of chance of rain around noon. steve: right now is probably a pretty good time to go to work. ainsley: beat the traffic. steve: it s a beautiful town but t