jacking up interest rates, raising bar owing costs. on thursday our first look at u.s. economic growth for the second quarter, another decline in gdp is expected. of course, two quarters of a loss in a row is a sign of a recession, so are we head there had? here is the treasury secretary. the labor market is now extremely strong. we are in a period of transition in which growth is slowly. we re likely to see some slowing of job creation, but i do i don t think that that s a recession. a recession is broad-based weakness in the economy. we re not seeing that now. we re not seeing that now, but here is this from someone who used to have that job, the former treasury secretary larry somers. i think there is a very high likelihood of recession when we ve been in in kind of situation before. recession has essentially always followed when inflation has been high and unemployment has been low. soft landings represent a kind of triumph of hope over experience, i think we re v
seeing cases in the u.s. plus, the u.s. is condemning russia s attack on the ukrainian port city of odesa, just one day after a deal was struck to get vital grain shipments moving again. we re live in ukraine. new day starts right now. hello, everyone. it is sunday, july 24th. thanks so much for waking up with us. it is nice to be with you again alex. it is early, but being with you makes it just that much easier. that just put a big smile on my face. thanks for that. we have a lot of news to get to, we start with the brutal heat wave baking many parts of the u.s., showing no signs of letting up today. right now, more than 90 million americans are under excessive heat warning, and advisories. high humidity mixed with sweltering temperatures are pushing some heat indexes into the triple digits. the national weather service warns it will feel extremely oppressive. philadelphia could see its hottest day in more than a decade, and boston is forecast to possibly break a
there s been widespread condemnation of a russian missile attack on the ukrainian port city of odesa only one day after moscow signed a deal with kyiv to enable the export of grain through odesa and other ports. ukraine s president, volodymyr zelensky, said russia would always find ways not to keep its promises. these are pictures of the port after the attack. the un secretary general, antonio guterres, also condemned the missile strike, saying that full implementation of the grain deal made between russia, ukraine and turkey was imperative. the bbc europe regional editor paul moss has been following the latest developments. i russian mp was talking to bbc radio and said, we have attacked military infrastructure at odesa pot, destroying harpoon missiles there, no civilians injured or killed, he said. he said we didn t damage any grain storage facility. hot on what is going on. it sounds like they are saying they attacked the poor but they were going for weapons, not anything
i will deliver tax cuts but tax cuts you can believe in. i will make that happen. what i m about is about cutting people s taxes, reversing the national insurance increased to put more money in people s pockets and making sure those who work hard and go out to work are rewarded. there s been widespread condemnation of a russian missile attack on the ukrainian port city of odesa only one day after moscow signed a deal with kyiv to enable the export of grain through odesa and other ports. ukraine s president volodymyr zelensky said russia would always find ways not to keep its promises. the un secretary general, antonio guterres also condemned the missile strike, saying that full implementation of the grain deal made between russia, ukraine and turkey was crucial. evgeny popov is a member of parliament for president putin s united russia party. he claims russia is abiding by the grain deal. we are following every letter of the istanbul deal which my government have signed