this is gps , the global public square. welcome to all of you in the its and around the world. i m fareed zakaria coming to you from new york. today the on the program, we ll bring you the latest on the suspected chinese spy balloon. then, we ll move to the economy. but for a change, it might not be bad news. we have some very good news about the american economy. the imf global outlook is less gloomy than it was a few months ago. and then the fed said it wasn t ready to declare victory on inflation, but it is cooling. i will ask larry summers if he agrees. also, crimea, many powerful people have suggested ukraine should be prepared to officially cede the peninsula to russia as part of peace negotiations. but i ll talk to general ben hodges who said no, kyiv can and should take crimea back. but, here is my take. this week mark theed third anniversary of brexit and it coincided with a grim verdict from the imf. this year the british economy will do worse than al
this is gps , the global public square. welcome to all of you around the world. i m fareed zakaria coming to you from new york. today on the program, we ll bring you the latest on the suspected chinese spy balloon. then, we ll move to the economy. but for a change, it might not be bad news. we have some very good news about the american economy. the imf global outlook is less gloomy than it was a few months ago. and then the fed said it wasn t ready to declare victory on inflation, but it is cooling. i will ask larry summers if he agrees. also, crimea, many powerful people have suggested ukraine should be prepared to officially cede the peninsula to russia as part of peace negotiations. but i ll talk to general ben hodges who said no, he can and should take crimea back. but, here is my take. this week marked the third anniversary of brexit and it coincided with a grim verdict from the imf. this year the british economy will do worse than all of the world s majo
at the start of the next working day. the uk prime minister is in california to discuss defence and the potential threat from china with leaders of the us and australia. and hopes of a deal between gary lineker and the bbc in a row over impartiality which disrupted sports programmes over the weekend. hello and welcome to the programme. very good to have your company. some of hollywood s biggest stars are at the 95th oscars ceremony in los angeles. it s already been a good day for the hotly tipped everything everywhere all at once at the ceremony in hollywood. its cast members jamie lee curtis won best supporting actress and ke huy quan won best supporting actor. amongst the latest winners is all quiet on the western front which won for best international film. let s cross live to hollywood and our north america correspondent, peter bowes whose at an oscars watch party at the legendary roosevelt hotel. with these awards we have had, we are still looking forward to the best pic
just ahead on cnn newsroom what we re living in today is a very traditional run. making sure people can make payrolls and making sure depositors can taken care of. is that what you want for families and jobs? cnn meteorologists predicting more for california, unleashing heavy rain and snow once again. from london, this is cnn newsroom, with max foster and bianca nobilo. it is monday, march the 13th. 8 4:00 amy in washington, d.c., and president biden is promising all customers will have access to their money starting today. mr. biden also promising to hold the banks fully accountable. here in america, hsbc has announced buying the treasury bank. and janet yell assured americans they will make sure this doesn t happen to another bank. we want to make sure that the shortfalls that exist in one bank don t create contagion to others that are sound. and the goal always of supervision and regulation is to make sure that contagion can t can t occur. now,
coast of san diego we ll bring you lat itest. and former president trump heads back to iowa today. and amid the glitz and glam, a look at some of the historic wins during hollywood s biggest night. i cannot believe it s happening to me. this, this is the american dream. we begin this morning with the federal government rushing to prevent a wide scale banking crisis after two of the country s largest banks collapsed over the weekend marking the biggest bank failure since the 2008 financial crisis. today the fdic, the federal reserve, and the trash ri department are taking emergency measures to ensure depositors at silicon bank and signature bank will be able to access their money. this morning president biden insisted u.s. banking system is safe and no losses, he said, will be borne by the taxpayer. over the past few days, americans with deposits in these banks can rest assured they ll be protected and they ll have access to their money as of today. because of the ac