[cheers and applause] norah breaking news. The criminal indictment against donald trump just filed by special counsel jack smith as the former president is once again accused of trying to overturn his 2020 election loss. The narrow scope of the charges after they Landmark Supreme Court ruling on president ial immunity appeared plus our exclusive interview with the justice who wrote a stinging dissent in that case. Tonight, our new report and the new context. The Cbs Evening News starts now. Special counsel jack smith is not giving up, filing a new federal indictment in the Election Interference Case against donald trump be a good evening, im norah odonnell, and thank you for being with us. The former president is facing the same for charges for his efforts to overturn the 2020 election. But the special counsel tailored the allegations to respect and implement the Supreme Courts new immunity standard. Now a big part of that came down to arguing what is an official act of the president v
pace, that is the message from the federal reserve. america s central bank. the policymakers says they intend to raise interest rates practice in its july after taking a break last month to assess the impact of ten brevis increases. it comes as americans are having to pay more for basic goods, but while officials seem to be an agreement are for what to do next, after the meeting on wednesday, there was disagreement over the decision to hold off untiljune. some say they could ve supported a rate rise last month because inflation remains well above its 2% target. the minutes show how policymakers are grappling with how to tame inflation after it hit a high last year, even as they left the benchmark rate unchanged in a five to five and a quarter percent, almost all officials believe more rate hikes are needed. i had of thejuly meeting, there are two marquee pieces of economic data that is due out to the statement a chapter practice friday and consumer inflation next week. us tre
scotland and england with narrow wins in the six nations yesterday. it isa it is a cloudy but mild day and blush it is a cloudy but mild day and blush day it is a cloudy but mild day and blush day for many. wetter especially in western scotland. news of things especially in western scotland. news of things turning colder this week. right of things turning colder this week. right here of things turning colder this week. right here on breakfast. it s sunday, the 4th of february. our top story: the uk hasjoined the us in striking houthi targets in yemen for a third time. last night, british and american forces launched strikes on 36 targets across 13 locations, in response to attacks on ships in the red sea. the uk s defence secretary, grant shapps, claimed the action was needed to protect innocent lives and preserve freedom of navigation but said it did not mark an escalation in the uk s involvement in the conflict. louisa pilbeam reports. british fighterjets taking off
this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis national security. another issue is the weakening yuan. china s currency has lost nearly 5% of its value against the us dollar over the past year which makes chinese exports more competitive on the global market. the
earths just days ago. i think she really wants as she said to get communications open. we are trading a lot with china, china depends on the us, us depends on china but at the same time, security and geopolitical interests are coming into conflict. i would say it is a little bit like good cop bad cop, blinken being the bad cop and now yellen going in as the good cop trying to say, look, we have a lot in common, let s see what we can do together, but boy, back home in the united states, both the democrats and the republicans are bashing on china, trump put in tariffs on hundreds of billions of chinese goods and president biden, who has reversed every trump policy he can, has kept that one. but despite those cooling tensions, the trade between the two have actually been growing but of course just ahead of her visit, beijing announcing those export controls on rare metals, also introducing some new laws on foreign relations and counterespionage and so on. is beijing playing ha