The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affect production of the companys 737 and 737 max aircraft. Heres our North America BUsiness correspondent ritika gupta. Breaking news on the subject. Boeing workers have voted to strike after rejecting a Pay Offer backed by their own union. T
calling on the president to susspend interest payments for student loans for 12 months. nancy mace on that and who pays for it. she s here. welcome, everyone. i m not neil cavuto. neil cavuto is getting well-deserved vacation. i m edward lawrence. this is a special edition of your world. first to jacqui heinrich on what the white house is saying about next steps for this. jacqui? yeah, the white house is going to have a hard time fulfilling calls from alexandria ocasio-cortez and others to suspect interest on students loan payments during that 12-month great period the administration is enacting before payments resume. as part of the budget agreement, the president signed in to law those payments must start again after august. the first ones are due in october. the only reason this grace period is considered a valid work around is because the bills would still be due but interest would be accruing. otherwise, it would be a postponement, which is barred under the new law.
it s is actual action. the problem that we are dealing with on the border right now, this crisis that lead to 2.5 million people last year, more likely this year, has fueled he man traffickers with north of $25 billion. we got to stop treating everybody coming into this country as an asylum seeker, this is an actual decision that started under the trump administration and continued under joe biden. coming in to the united states because you want a good paying job is not a reason for to qualify for asylum. we also need to be addressing root causes that are driving people in to the united states. a fraction of our foreign policy budget should be going to addressing the root causes in those countries. it s going to be a lot cheaper than having to deal with this here. finally, you have to treat human somethinglers like the national intelligence priority that they are. so you re coming down somewhere between the trump
as we say in tuscaloosa, the crimson tide of international support, another pulitzer. they say that in the new york newsroom, too, roll tide. coming up, peter alexander and jeremy peters with the latest white house reporting. democratic senator chris murphy of connecticut on the president s foreign policy budget. retired navy admiral william mcraven for the secretary of state s moscow visit. morning joe is coming right back. it comes when your insurance company says they ll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you d get your whole car back. i guess they don t want you driving around on three wheels. smart. with liberty mutual new car replacement™, we ll replace the full value of your car. liberty stands with you™.
budget, it s being hollowed out. your foreign policy budget has been cut. understandably you have these cuts, you wouldn t be able to do afghanistan or iraq again you wouldn t able to do the i don t accept that for one single moment. i d like to take this opportunity on a u.s. television station to say clearly britain is maintaining its world role. we re maintaining it in cash terms. our defense budget, 35 billion pounds a year is maintained throughout this parliament. that s a small real terms cut. but we will remain one of the five biggest spenders on defense anywhere in the world. we have one of the best resource networks of embassies and ambassadors in the british council anywhere in the world. we have huge reserves of hard power and soft power. we re actually spending more in terms of combatting cyber security problems. which i think is one of the growing threats in our world. we have one of the most powerful and respected aid budgets in the world. don t understatement that.