and the us is pausing the approval of exports from new liquefied natural gas projects. we find out why. hello, everybody, welcome to the road business report. give me about 30 minutes and i will try to give you a fascinating snapshot of the world of business and money. welcome to the world business report. the uk has suspended free trade talks with canada, after nearly two years of negotiations. the british government had been trying to extend temporary arrangements put in place after brexit, but disputes about agricultural exports couldn t be overcome. it marks the first time the uk has formally suspended talks with a trade partner since formally leaving the eu trading regime in 2021. lets get more on this with the directorate general of the international trade. just for those who haven t been keeping up with this, why has the uk walked away? 50 with this, why has the uk walked awa ? ., . ., away? so once the uk had left the eu, there away? so once the uk had left the eu.
a fox news alert. a russian fighter jet collided with a u.s. drone over the black sea. here we go again, sandra. brand new at 2:00, sandra smith, the president has been briefed on the matter and the u.s. was operating in international air space. it posed a there s no one and the lust reach out the u.s. will reach out to russia about what we re learning. we re also keeping an eye on the pentagon briefing and we will bring news when we get it. we begin with news impacting every single american family and that is inflation. brand new numbers out today. the consumer price index up 6% from a year ago. 6% from already high prices and that means that families are already paying stubbornly high prices as they drop plans for summer travel. the federal reserve in a tough spot about whether or not to raise interest rates further. inflation is nowhere near where they want it to be, but the silicon valley bank collapse has the markets on edge. so you have to get that inflation