policies on capitol hill this week. telling lawmakers the $1.9 trillion american rescue plan contributed only modestly to higher prices even as she acknowledged inflation levels are unacceptably high. 8% inflation is an unacceptable inflation rate in the united states and it is president biden s number one objected to get that out. paul: let s bring in cabot former chairman of the council of economic advisers at the white house and distinguished visiting fellow at the hoover institution. welcome kevin. so peak inflation. everyone has said it has picked it has picked looks like it is peaking or that peaking keeps going to higher peaks. what is everybody missing in the markets? everybody really isn t everybody. if you look at google searches for inflation then my friend joe sullivan did a really interesting piece where he correlated google search for inflation with the inflation rate. right now americans are searching at the rate they would do if inflation were 9% which is
through extremely turbulent times, and she has remained constant. i think the respect and adoration that remains for her and it is widespread throughout all those huge upheavals is really testament to the way she s carried herself and responded to people throughout her reign. and it is a more respective representation of the monarchy s role to be custodians of the past but look toward the future. aircraft coming over, representing the battle of britain. we also have very modern aircraft as well. the military very keen to emphasize that everyone you see involved in the military today are working members of the military. and the ones that are on it in particular, the guards, are involved in the covid response. the queen is head of the armed forces. this is a tribute to her and it is quite something. this aircraft coming over us today, emily, i want to bring in a couple of absences on the balcony today. when we talk about the core monarchy, ten years ago prince harry was very
A morning newscast featuring breaking news and weather reports. And we now understand its burned 83,000 acres. Something at play for firefighters, you can almost not get your head around what its like to battle a blaze like this burning so hot here. You can see that firefighters, some of them working 24hour shifts have been grabbing sleep any way they can. Thats what they are up against. Not only are they fighting it in terms of fatigue, but in these conditions, there is a problem with equipment as well. We are used to hot but, you know, 116, 117 degrees on the fire line, humidity is hovering around 10 or less during the day, which is critical Fuel Moisture for us, which means that we have 100 probability of ignition. So we are just battling those two things right there, just the fatigue on the firefighters putting out fires is horrendous, let alone the Equipment Fatigue because the fire is causing the
equipment to overheat and helicopters are put down to cool off and a dramatic step b
terrible idea from the start, it needs to remain dead. jason. this is a missed for boris johnson, prime minister of britain, a no-confidence vote monday, he survived it but he s been shown to be unpopular among his fellow conservatives, partly due to breaking his own covid protocols and holding drinking parties and now he s under investigation for lying about it but it also has to do with not distilling his economic agenda, taxes have gone up, regulations have not fallen in a warning to republicans who might want to flirt with redistribution policies. all right, dan. minus goes to people protesting outside of america s meeting this week because the dictators in nicaragua and venezuela weren t invaded. some may wonder, joe biden this
drinking parties, street parties, it is something the country needs, it has been a difficult time with the pandemic, brexit, and the cost of living crisis. but i would say, max, something that struck me seeing the queen on the balcony there, quite famously noted winston churchill when he met queen elizabeth ii, she was a very little child, i think 2, noted she had an uncommon authority and presence to her. and it is staggering it see at 96 she still commands that balcony. she really does. and we will have more events now coming up, emily. what are going to be the highlights for you and the world? well, coming up next is beacon lighting. i think it will be moving indeed because the queen is playing a dual role with prince william at that, lighting the beacon symbolically from windsor while he does it at the tree of trees down the way here. i think thanksgiving service will be very moving for her. that s something that matters a great deal to her. we might see the sussexes as well.