A couple of hours ago. Hes charged with 3a counts of fraud, relating to hush money allegedly paid to the former adult film star Stormy Daniels before the 2016 president ial election. Hes now in the courthouse itself for the start ofJury Selection. Prosecutors accuse him, of arranging payments to Stormy Daniels in an effort to buy her silence. Donald trump has pleaded not guiltydescribing the case as a witchhunt. He spoke to the media just before heading into the courtroom. Hes been in the courts for around an hour and a half. Lets hear what he had to say. Something like this has never happened before. Theres never been anything like it. Every legal scholar said this case is nonsense, it should never have been brought. It doesnt deserve anything like this. There is no case, and theyve said it. People that dont necessarily follow or like donald trump said this is an outrage that this case was brought. This is political persecution. This is a persecution like never before. Nobodys ever se
from new york. michelle fleury reports. we should get further evidence there is slowdown in the job markets. employers are growing more cautious and employees are sticking around longer. one caveat should see some distortion to the numbers, the auto and actors strikes both endedin auto and actors strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. american central bank, the federal reserve, it will be watching closely because lowerjob growth will feel expectations the pheasant will leave rates on hold. they have risen 5% from nearly zero since march of last year as it wrestled to bring down inflation. thejobs report is a lot of economics data before the us central bank s meeting next week. despite expectation for a slowdown, america s labour market remains strong by historical standards. still, market remains strong by historicalstandards. still, if historical standards. still, if ec
a investment. warm welcome to the programme. a warm welcome to the programme. good morning. sounds like a bit of a mess in germany in terms of trying to sort out the money matters so they can go ahead with much needed spending, your take? go ahead with much needed spending, yourtake? it is go ahead with much needed spending, your take?- spending, your take? it is a mess something spending, your take? it is a mess something that - spending, your take? it is a mess something that the i mess something that the introduction said is self imposed, this constitutional break supposed to be stopping undue spending and returning to balanced budget, it was introduced into 2009 at a time when germany thought it could beat off the rest of the world in terms of its own economic competitiveness, it ought then the euro crisis would not be something that would be hugely problematic for it. so it had built into the constitution its commitment, to have a balanced budget every year. and there
after aggressively raising interest rates for the last year and a half, the federal reserve believes it s in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america s central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn t would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it thinks is appropriate at the time. right now, things look good, even though it s pricey for americans to get a mortgage or carry credit card debt. growth was stronger than expected over the summer. the world s largest economy is still adding jobs on a monthly basis. and the government s latestjobs report is due out this friday. fed staff also don t see a recession, so they don t want to rock the boat,
another busy programme. let s get started. world leaders are meeting at the g7 summit in southern italy later to impose fresh economic pressure on russia in response to its war against ukraine. there is a lot to discuss. the leaders of the seven powerful economies are expected to agree to use the interest from frozen russian assets to raise $50 billion a year for ukraine. but some european countries are nervous about who ultimately will bear the risk. president biden is also due to sign a new security agreement with president zelensky, as part of long term support to kyiv. for more on this, i m joined by andrew d anieri resident fellow at the atlantic council s eurasia center. good to have you on the programme. what progress will they make, do you think on that very point of increasing the economic pressure on russia? thanks for having me. in terms of sanctions pressure, that s what we mean immediately by economic pressure on russia i think it can be relatively modest, ux