toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a
right now on early start, new rules now in effect at the southern border. are migrants and border mayors ready. plus the marine veteran who used a chokehold on a man in a new york subway about to surrender on manslaughter charges. and a key meeting called off as joe biden and kevin mccarthy stare down a default deadline. what is really going on behind the scenes. welcome to our viewers in the united states and around the world. i m omar jimenez in for christine romans. a lot to get to, and we ll start with the biden administration saying it was prepared for the end of title 42. we ll find out if that is true. the pandemic era immigration restriction expired five hours ago and a surge of migrants is expected to follow at the southern border. at midnight secretary my mayorkas put out this warning. starting tonight people who arrive at the border without using a lawful pathway will be presumed ineligible for asylum. we are ready to process and swiftly remove people witho
100 hours. so i think i ll get started right now. i m literally already in the game right now. so i ll get started with this. cnn this morning, more important, starts now. good morning, everyone. caitlyn is off. phil mattingly is here. where is your coffee? i can t get to it. that is the only safe way. i only bought you one that is not even the one control room the spillable one is even under that. impressive effort to make sure i don t screw up to day. phil mattingly, it s been a great week. let s get through three hours. let s get started with five things to know this friday, may 12th. title 42 expired at midnight. officials are bracing to handle tens of thousands of migrants in the weeks ahead. prosecutors say they re filing manslaughter charges against the man that choked a man to death on a new york city subway. sources tell cnn that daniel penny will turn himself in. and elon musk has chosen a ceo to head twitter. she currently heads up nbc universal s
We look at what that could mean in the region. Plus, remarkable artwork from 2,000 years ago uncovered in pompeii, the Ancient Roman city. And later, we have ai decoded, our weekly look at whats making news in the world of artificial intelligence. We are going to start with this news in the last few hours, the death of 0j in the last few hours, the death of oj simpson. He was one of the most divisive figures in modern america football star, turned movie star, turned Murder Suspect in what became known as the trial of the century. His family said he died of cancer on wednesday, surrounded by his children and grandchildren. He was 76. Oj simpsons trialfor the murder of his ex wife Nicole Brown Simpson and her friend was televised and followed Around The World. Millions were transfixed. And when he was sensationally acquitted, many Black Americans celebrated seeing him as the victim of a bigoted police force while many white americans were appalled by his exoneration. He was later found l
britain s ecomomy is expected to have gone into reverse shrinking by 0.1%. and if that continues for the rest of the year two quarters of negative growth that would constitute a recession. the bank of england has raised the cost of borrowing to a 15 year high, to try to rein in soaring prices, and that s weighing heavily on many businesses and households. on thursday, official data showed a steep jump in the number of people falling behind on mortgage payments. our cost of living correspondent, colletta smith, reports. good morning, donna speaking, how may i help? with rates on the up, more people have been struggling to pay their mortgage bill. don t worry, i m sure we can get this sorted out for you. ..and an increasing number are now officially in arrears. you know, nobody wants to send debt collectors to your door. nobody wants that. that s not what we want. we want to help you, we want to get a solution in place with you, but we can only do that if you give us a ca