For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to me what is going on. Your summary was pretty accurate. The higher for longer Interest Rate environment is spooking investors who have been for at least 15 years of the view that Central Banks have their back in terms of keeping Interest Rates low, but also buying Government Debt, quantitative easing, money printing, which many viewers have been familiar with over the last 15 years, has gone into r
Brighter with a few showers and it is still going to be worn this weekend. Its wednesday the 4th of october. After weeks of speculation, the Prime Minister is expected to use his leaders speech at the conservative Party Conference to confirm that hes scrapping the second leg of h52 from birmingham to manchester. Labours andy burnham, the mayor of Greater Manchester, accused the government of treating people in the north as Second Class Citizens, while the West Midlands mayor andy street, a conservative, was said to be distraught. Our Political Correspondent Damian Grammaticas reports from the conference in manchester. Pushing his way through the late night conference crowds, rishi sunak, relaxed and smiling. He has, it seems, made his mind up. Its the end of h52 to manchester. This was what the pm was saying 2a hours ago. What i want to do is make the right decision for the country. This is an enormous amount of peoples money, taxpayers money, everybody watching, billions and billions
Responsible. Nobody working for the government his responsible i am responsible. This is really an attack on a political opponent thats all it is. Jessica dean, cnn washington im thanks for joining us. Anderson starts now tonight on three 60 what Opening Statements and early testimony say about where things are headed in the first ever criminal trial of a former president. Also tonight, Breaking News in one of his three other criminal cases this is what a witness says. The former president told his valet and the part and he says he dangled in the classified Documents Case plus the antisemitism and fear jewish students say theyre now enduring you on campus after days of propalestinian demonstrations at some of the countrys foremost universities. Good evening. Thanks for joining us today. 12 New York City jurors and six alternates. Got there. First peek inside a highstakes world far removed from the everyday white collar charges. Theyve been chosen to here a world of celebrity tycoons, p
Id front next opening day of trumps trial in between trump and what will be a star witness . Michael cohen this is the first witness is starting to testify. The david helped trumps case, plus russias new it girl, stink television. Now fawning over Marjorie Taylor greene even though she tried but failed to sink american aid to ukraine. Here what they are saying tonight about quoteunquote moscow, marjorie, and Melania Trump now selling more jewelry. Is it to help her husband pay his legal fees . Lets go out front and good evening. Im Erin Burnett Outfront tonight. We begin with trumps trials spilling out of the courtroom on a day when the prosecution and defense laid out their cases for the first time to 12 jurors and the six alternates in the room. And its on this momentous day, the former President Trump and his former fixer, Michael Cohen, are now in a free for all know, it did actually start in the courtroom. It was during Opening Statements, trump was watching as his lawyers were te
Years in the making. Five americans wrongfully detained in iran are now on a plane and its just taken off from tehran on their way to freedom. Were there headed just next, details on all this and the deal that was made that led to their release. Also this hour, one of Donald Trumps codefendants heads to court. Jeffrey clark, the former Justice Department official, now arguing why his case should move out of georgia and into federal court. A sheriffs deputy ambushed and killed. A reward now offered to help find the suspect as a clue emerges they hope will lead to an arrest. Im john berman with sara sidner and kate bolduan. This is cnn news central. Just moments ago, a qatari jet carrying Five Americans imprisoned in iran took off from tehran and is tet to arrive in doha, qatar. Three have all been imprisoned for more than five years. The identities of two other americans in the deal have not yet been released. Its all part of a complex u. S. iran deal involving the release of 6 billion