Good morning. It is thursday, november 29th. Im Ayman Mohyeldin alongside Frances Rivera and louis burgdorf. D President Trump is now publicly discussing a possible pardon for his former Campaign Chairman. President trump left open the possibility of a pardon, telling the new york post, quote, it was never discussed but i wouldnt take it off the table. Why would i take it off the table . In that interview the president criticized Robert Muellers probe claiming they were all asked to lie. If you told the truth, you go to jail, trump said. You know, this flipping stuff is terrible. I have three people, manafort, corsi i dont know corsi but he refuses to say what they demanded. Its actually very brave. Im telling you this is mccarthyism. Mueller claims manafort violated his plea agreement by repeatedly lying to investigators. Those lies may include comments about his personal business dealings and contacts with a former associate in ukraine. Manafort allegedly made inaccurate statements a
And even his north american neighbors any criticism of trumps policies might have been inappropriate for a fed chairman but trump himself had on relentlessly attacked the feds policies demanding larger rate cuts to support pledging to act as appropriate to sustain the expansion of the fed signaled possible future rate cuts for the wall street however did not immediately react as such action had been widely expected. And lets go now to our financial correspondent jose luis to haro in new york who is it there you are so the decision finally made how are the markets reacting. No it will stephen especially after listening to your own paul will giving context. Was more hawkish done investors anticipated he was a very poor estate in just a minute cycle policy adjustment. Its different from the start of a long cutting cycle as we saw for example in 2007 obviously did not see well with the investors who we are still seeing i believe 2 more rate cuts before the year and so we. Will let everybod
Stereotype classic figures thinks hes a country that i dont. Need to be fixed to describe. Its all that. I might show join me to meet the gentleman from your. Post. As expected the u. S. Federal reserve cut Interest Rates and believes many scratching their heads that the u. S. Economy is strong why the need for even cheaper money is. Also on the show go breakthrough no progress no deal the 12 rounds of u. S. China trade talks ends with the same result as the previous 11. And the new british Prime Minister brings new worries for business with the brics that brinksmanship into much dreaded no deal. This is your Business Report im stephen bears in berlin thanks for watching its a modest cut Interest Rates that has some scratching their heads the u. S. Federal reserve has lowered rates by a quarter percent despite strong Economic Indicators in the country officials pointed to softening Business Investment and muted inflation its been a long time since the last rate cut almost 11 years in f
Nas President Trumps attitude tonight, according to a Senior Administration official. And its all about the growing calls for trumps embattled hand picked labor secretary to resign for not prosecuting jeffrey epstein. Epstein is accused of raping younger girls. The president sending alex acosta before cameras for an hour to defend himself. And acosta performed a audience everyone. He was unapologyist fiercely defending his role in securing the sweetheart deal in 2008 for epstein. A state grand jury brought that single, completely unacceptable charge. A state official allowed epstein to selfsurrender. I wanted to help him. That is why we intervened. We did what we did because we wanted to see epstein go to jail. He needed to go to jail. There was value to getting a guilty plea. You can always look at a play after the fact and say should it have been the safe play or gone for the big score . Well acosta certainly went for the safe play. Despite authorities having evidence that epstein sk
For. Them to do. W. Plates. A 12. 00 punch practically designed to take off donald trump is responded in kind out there china if the u. S. With a fresh round of tariffs on American Goods and after the feds Jerome Powell didnt respond the way trump wanted into. Some worries they cant drink away french pensioners are anxious over Donald Trumps threats to slap levies on their want. A historic free trade deal between the e. U. And the works. Block may go up in flames as pressure mounts on brazil over the wildfires raging in the amazon. This is day w business im in berlin welcome now this may surprise you but chinas earlier unveiling of a new round of retaliatory tariffs on about 75000000000 dollars worth of u. S. Goods triggered an angry response from President Donald Trump hes an entire tariffs on chinese goods starting in september thats after an earlier tweet storm accusing china of costing the u. S. Trillions of dollars he also said u. S. Companies were quote here by order to immediate