who s based in the turkish capital, ankara. the tour, a lot ahead for president erdogan, he thinks cost of living crisis is manageable is it? that crisis is manageable - is it? that is an excellent crisis is manageable - is it? that is an excellent question, - crisis is manageable is it? twat is an excellent question, and one had so many economists across the world are wondering about, because he has pursued such unorthodox economic and monetary policies over the last several years, he has put a lot of pressure on the central bank not to raise interest rates, as most central banks usually do to combat rising prices, and that has let inflation run away. as you said, inflation run away. as you said, inflation currently at 44%, it topped out at 88.5% last year, so household is really feeling the pinch, and the question is whether president erdogan will put a team around him now who will sort of convince him that more orthodox monetary policy is the way to go. the thing is,
that gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked ab
gives no one everything they want, but that s the responsibility of governing. this is a deal and it s good news, i believe, for the american people. the agreement prevents the worst possible crisis, a default for the first time in our nation s history. the two parties have untiljune the 5th to reach an agreement to prevent the us government running out of money. our correspondent in washington jessica parker has more. this deal is set to raise the debt ceiling for two years. that s a big win for the white house. why? well, it means that, forjoe biden, who of course is seeking re election in the 2024 presidential race, he won t have to face this political drama, instability, brinkmanship, right in the run up to that presidential election, so he ll be pleased with that. but the republicans are trying to say they ve chalked up wins in terms of policy, so they are talking about, for example, kevin mccarthy, the house speaker, that there will be curbs on spending. he s talked abo
woman tells cnn. her town in mississippi obliterated us. forces in syria strike back after coming under attack for the third time in two days. the iranian connection in this escalating conflict and i said you skied directly into my epping back and he said, oh, sorry. sorry. i m sorry. actress gwyneth paltrow gives her version of a skiing accident at the center of a lawsuit against her the case of she said, he said. live from cnn center. this is cnn newsroom leila harare. we begin this hour with extreme weather in the southeastern united states, where multiple tornadoes barrel through the state of mississippi in the past few hours, the national weather service says a large tornado cost significant damage in several towns, including rolling fork and silver city, leaving homes and buildings flattened and trees and power lines down. officials are sending search and rescue teams and first responders to the area northwest of jackson and as the storm system moves east, millions more
joining us live. but first, this fox news alert. two interviews and a primetime speech, but a week of talk from president biden only serving to raise new questions. one was about the chinese surveillance craft. the president brushing off its significance and risk after it loitered across the nation just last week. john: president biden claiming the violation of u.s. air space was not a major breach of national security, yet it traveled thousands of miles over some military sites and collected information from the ground to above. and capable of collecting communications and sending them straight back to china. sandra: a far cry to portray it as no big deal, just a balloon. a lot to unpack as america reports rolls into a second hour here. another busy news afternoon on a friday. sandra smith in new york. great to be with you. john: john roberts in washington, good to be with you, sandra. the president getting attention for trying to downplay the classified document