u.s. president, joe biden, is on his way to south korea on his first asia trip as president. he will also be visiting japan and meet with leaders of india and australia as well. the asia trip comes later in biden s presidency than he may have liked. he wants to affirm the importance of our indo-pacific alliances. kevin, we ll begin with you. joe biden has been focusing much on the war in ukraine. this an attempt that they can walk and talk and chew gum at the same time. it s meant to reaffirm the u.s. commitment to the key alliance in east asia with south korea and japan and demonstrate that president biden still has this focus on asia despite all of the time and attention he s been spending on the war in ukraine. you saw that play out in the near term when the president in the morning he met with the leaders in finland and sweden. they are trying to join nato and he pivoted and turned to asia. te took flight and still on it now on his way to asia an it s really sort of dem
america s commitment to allies in the region of course after months of focus on ukraine and russia s invasion there. the president s first stop is south korea, where he underscored the importance of this region and this moment. listen. so much, so much of the future of the world is going to be written here in the endopacific over the next several decades. we re standing at an inflection point in history where the decisions we make today will have far reaching impacts on the world we leave to our children tomorrow. the issues the president is facing and tackle anything asia are serious ones. impactful ones, including a looming threat of a possible missile test coming from north korea while biden is overseas. and problems elsewhere, being flown to the president right now for his signature is the bill that congress just approved to give $40 billion of additional aid to ukraine. and that s just to name one of many. let s start in seoul, south korea. jeremy diamond is there. j
top of a brand new hour on cnn newsroom. goold good to have you with me. i m victor blackwell. plunging stocks, rising prices, recession fears. the s&p 500 entered bear market territory, dropping 20% from recent peaks. one bear market in the last 50 years was not accompanied by a recession. cost of living keeps rising, home prices are driving rents to a high. 17% from last year. gas prices are soaring. the national average, 4.59 per gallon, $0.30 more to fill up the tank than the day before russia invaded ukraine. let s start with the s&p 500 now into bear market territory today. what could that mean for the economy at large? well, victor, this is a flashing red light about the u.s. economy. if the s&p 500 closes below 38 s 38.37, and you can see it s trading just above there, if it closes below, it s officially a bear market, a 20% decline from previous highs. this would mean that the bull run that began in late march 2020, would be over. this is a big deal because bear ma
even if most of bet only to us exploit a tragedy. the political reporter conclude that white americans aren t doing enough to fight racism perspex it is really a white culture bowl problem that why yes that that african-americans are more generally seen as the other or so easily we talk about white supremacy but it s also the way in which people talk about folks coming across the bore. it goes round with those folks and also are a threat. so racism is a white bicultural problem and whites should come to terms with it. how does she know that they haven t what planet is she on why they only get cnn and msnbc there appeared she echoes what her. say, that whites share the guil for their racist actions as if individual choice, responsibility, or mental illness don t exist only by uniting pigment that unites us. meanwhile this dope things thos that embrace free speech do so and our races. look at the way the right tr to baptize the depth that dhs was going to essentially try
candidate to declare victory any way. inflation jitters are turning into tremors on wall street. the dow has its worst day in nearly two years amid a crash in retail stocks. and a new report warns the world is coming closer to catastrophe as four key climate change indicators set new records. live from cnn center, this is cnn newsroom, with rosemary church. good to have you with us. the fiercely contested republican senate primary in the key state of pennsylvania is likely to drag on for days while every last vote is tallied. it s a critical showdown that could affect which party controls the u.s. senate come november. tv personality doctor mehmet oz is holding on to a very narrow lead over establishment republican dave mccormick. just over 1200 votes separate them. the race could go either way and a recount is looming. but former president donald trump doesn t want to wait. he encouraged mehmet oz to declare victory now. we can see the path ahead. we can see vict