Transcripts For KQED PBS 20240704 : comparemela.com

Transcripts For KQED PBS 20240704

Major funding for the pbs newshour been provided by the ongoing support of these individuals and institutions. And friends of the newshour, including jim and maxie goldman, and kathy and Paul Anderson. The john s and James L Knight foundation fostering an informed and engaged community, more at kf. Org. And with the ongoing support of these individuals and institutions. And friends of the newshour. This program was made possible by the corporation for public broadcasting and contributions to your pbs station from viewers like you. Thank you. Good evening. Welcome to the newshour. The u. S. Economy added 187,000 jobs last month, slightly fewer than expected, but still a sign of a resilient job market. The under plane it rate dipped to 3. 5 . The Unemployment Rate dipped to 3. 5 . To break it down, we are now joined by catherine ramp l. Thank you for being with us. What are the Key Takeaways from this report . What stands out the most . I think it was a solid report. It was a slower pace of growth. But a more sustainable pace of growth. And frankly, not even that slow. 187,000 jobs is exactly equal to the average pace of job growth we had in the decade proceeding the pandemic. In many ways, it was a relatively strong report, probably what the Federal Reserve was looking for. Hopefully assign that we might be able to avoid a recession. The economy seems to be holding out now against a recession a lot thought was closing in. Has it led to concerns that jay powell might be overdoing it . Certainly some people think he is. If you look at where the fed says rates are going to go, they have anticipated one more Interest Rate hike this year. Markets donteem to believe them, they dont think it will actually come. I think what happens in september, in the months ahead in terms of fed policy, it is still a live issue. We dont know what they are going to do. They will be monitoring the data to make sure they do their best to avoid tipping us into a recession. Womens Labor Force Participation rates are at an alltime high. What do you make of that . It is remarkable. Viewers may remember that a couple of years ago, three years ago, there were a lot of articles and coverage about a she session, the idea being that women were disproportionately hurt by the pandemic recession because of the kinds of occupations they were in, as well as being disproportionately hurt by childcare disruptions in schools going remote. There were a lot of fears working women would be set back a generation. Instead, the reverse has happened. Women have come back at least financially, or labor wise, stronger than ever. The Labor Force Participation rates for prime age women are around record highs. I dont know what to attribute that to. It could very well be the fact there is more remote work available. It could be the fact more women are collegeeducated today than in the past. As a result, that has country beaded to the greater likelihood to be in the workforce. It is a bit of a puzzle and a good problem to have, or a good puzzle to have. Lets talk about wages. The fed doesnt want them to rise too fast. Workers want to make more money. Where does that stand right now . The numbers for wage growth were a little bit stronger than the fed might want to see. I dont necessarily know that means we should expect the Federal Reserve to raise rates more aggressively than we thought they would have done. In the sense that it is a lag. It may be that workers are catching up to the price growth that we have already seen elsewhere in the labor market. Demanding higher pay to compensate for the fact they are getting more expensive. And it does not seem so high that i think it will be because for concern. It is one month of data, we will have to watch what happens in the months ahead. Other indicators have been more comforting for the Federal Reserve. Things like overall price growth coming down for example. Thank you for that insight and analysis. We appreciate it. Im stephanie sy with newshour west. Here are the latest headlines. Former President Trump entered another not guilty plea. This time to a revised indictment in the classified documents case. The new charges say mr. Trump a worker to delete security video at his estate in florida. He was already accused of illegally taking classified documents and making false statements. A court in russia has sentenced Alexei Navalny to 19 more years in prison. This time for extremism. Showing him looking gaunt and wearing a prison suit. The state news report said he will serve the new sentence concurrently with existing terms of nearly 12 years. His supporters said it is part of a campaign to silence the kremlins fiercest critic. Ukraine attacked a major russian port today, damaging a warship and halting maritime traffic for several hours. The Ukrainian Navy and Security Service said drones hit a black sea naval base and hub for exporting grain and oil. Ukrainian media showed a drone heading toward a russian landing ship. Russians said they repelled the attack but reuters retained video showing the ship listing badly. Republican president ial candidate Chris Christie got a firsthand look at Battle Damage in ukraine. He met with president zelenskyy in kyiv and visited aearb town where russian occupiers left a mass grave of civilians. He called for u. S. Unity on supporting ukraines fight. Hes the second gop president al candidate to visit. Mike pence visited last month. Antony blinken announced a pause of select foreign assistance programs for niger. Humanitarian and food aid will continue, as will diplomatic and Security Operations for u. S. Personnel. A military junta overthrew the democratically elected president late last month. Back in this country, the u. S. Food and Drug Administration has proved the first oral medication to treat postpartum depression in adults. The major depressive episode typically occurs after a childbirth. Until now, treatment for the condition was only available as an iv injection given at Certain Health care facilities. The Biden Administrations new policy limiting asylum for migrants will remain in effect while legal challenges play out. A federal Appeals Court on thursday overruled a lower court that ordered the policy to end. The rule says migrants must first seek protection before they reach the u. S. Border or apply for asylum online. Officials in florida carried out a live fire reenactment today of the Parking School massacre that killed 17 people. It was part of a civil lawsuit accusing a former sheriffs deputy of failing to protect students and staff. Earlier, nine members of congress toward the crime scene, joining the victims families and prosecutors. Afterward, the democrats and republicans spoke of bipartisan action. To see the blood of children on the floor in a School Together is going to change the way we interact and cooperate with each other. Text messages. Hes serving life in prison. Two house members expelled in april they said they were celibate. Justin pearson said they want special elections on thursday. The victories allow them to fully reclaim their seats in the republican dominated legislature. Local officials had already reinstated them, but only terror temporarily. Famed harvard law professor and longtime advocate for reparations, charles overture junior, has died. He represented anita hill, tupa shakur, and survivors of the 1921 tulsa race massacre. He had been battling an alzheimers disease since 26 team, but no cause of death has been officially cited. Chars ogletree was 70 years old. Basketball pro Diana Taurasi is the first player in wnba history to score 10,000 points in a career. The Phoenix Mercury star reached the milestone last night against the atlanta dream in her 19th season. After the celebration, she went on to win t finish with a seasonhigh 42 points. Still to come, negotiations to end the hollywood Writers Strike resume. A Top State Department official discusses threats to Global Health and a lifesaving aids relief program. David brooks and jonathan k partway in on the latest trump indictment. And much more. This is the pbs newshour from weta studios in washington, and in the west from the Walter Cronkite school of journalism at Arizona State university. Back in march, newshour revealed allegations american Machine Tools gaa haas automation sold millions of dollars of its technology to the russians arm industry through its foreign administer distribute her. They said it halted sales to russia as soon as they sent troops into ukraine in early 2022. According to new research, they may still be supplying the russian arms industry indirectly. Support from the pulitzer center, our correspondent reports from kyiv. This is the instrument Building Plant known as npz. It manufactures high end optics used by the Russian Military. Everything from targeting system to their weapons and night vision for infantry. Npz does not want you to know where it gets its hightech equipment from. That is why they have pasted their own logo over the one of the manufacturer of this machine tool. Seen in a promotional video in april. But they missed a spot. Zoom in and you can see the distinctive red h above the control panel identifying it as a computer numerical control machine tool made by haas automation of oxnard, california. Npz is not alone in being partial to haas Machine Tools. They are used throughout the Russian Military industrial complex. They can be used to mil, cut, or shave metal with any shape necessary. For years, they sold Machine Tools in russia through its official distributor. Even though sanctions have been in place against the Russian Defense industry for almost a decade as a result of the annexation of crimea. Only after the fullscale invasion of ukraine last year did they officially sever its relationship with them and made no direct or indirect shipments or sales to russia since march 3, 2022. But the organization that originally exposed their dealings in russia says even that may not be true. He is an advisor at the Economic Security council of ukraine. He told newshour spare parts needed to maintain the machines already being used in russia continue to flow into the country via a Mysterious Firm in china called Machine Tools co ltd. It does not seem to have a website or phone number and was set up two weeks after haas officially pulled out of russia. Since the moment when russia received the shipment from oxnard, california, since october 2022, this Chinese Company supplied or conducted around 200 shipments of haas products. All of those shipments are worth about six hundred thousand dollars. Customs records show that they branded spare parts were being shipped to russia as recently as april of this year. More than a year after they say they halted any sales or shipments to the country. Many of the spare parts appear to be made specifically for a haas model vf2yt machinetool. One of which is owned by the npz plant 2000 miles east of moscow. Further procurement records show the plant is one of their clients. Meaning it is possible the spare parts sold via china were special ordered to maintain the haas machine at npz, whose owner has been subject to u. S. Sanctions since 2015. [speaking russian] npz did not always obscure the logos on its equipment. In this promotional video released seven years ago, several machines are featured to highlight how modern the factory is. Including the vf2yt, capable of shaping materials as tough as steel. Then in 2018, npc announced on russias official state procurement marketplace that it needed a replacement engine. Illustrating how reliant russias arms industry was after sales support. In that instance, the Spindle Group of switzerland supplied the motor. Today, npz uses its machines to shape the casings for its various sites and scopes. The finished casings look like this and are collected in the wooden box before being painted and fitted to army equipment. Like this. These instruments are supplied to the russian army with tags, vehicles, and also exported. Ask the applications are analysts, and so is the list of Russian Defense firms that use the equipment over the years. They make Flight Control system control systems attack helicopters. This is nii victor, for the russian Army Surveillance systems. In this is electro pens, having its machines disinfected during the covid pandemic. They make Communication Systems for the Russian Military. The list goes on. That is why ukrainians have been pushing u. S. Enforcement agencies, like the office of foreign asset control, to act more aggressively against American Companies whose products continue to flow to the russian arms industry. I think most of all it has powerful tools at its disposal to make sure for the sanctions. It is hes an advisor to the office of ukrainian president Volodymyr Zelenskyy and coach of the u. S. Cochair of the group on russian sanctions. He said russia managed to ramp up production despite the unprecedented sanctions imposed by america and its allies. They are partners, which we have been dealing with sanction matters. Quite disappointed about our findings. They have been doing a lot of efforts to stopping this. And now we are telling them that this has not stopped. I think on that rate of production that has just doubled. I think this is quite obvious that much more has to be done. The Biden Administration says it acted forcefully to restrict the russian arms industrys access to technology and needs to sustain its war machine. Like setting sanctions on Russian Companies and export controls on american firms. But what have the agencies that set the rules done to enforce them . Four months after newshour exposed the allegations haas was violating those rules, the u. S. Treasury and department of commerce could not say whether they were investigating the company or planning. We reached out to haas to inform the company its equipped and continued to be shipped to russia via the chinese intermediary company. They did not agree to an interview but said in an emailed response they had no records of sales to the entity and any sales to russia were being made by third parties in contravention of haas policy. If the company is selling genuine haas parts, it doesnt appear to have acquired them from haas. They voluntarily terminated their relationship with the sole distributor for russia and belarus on march 3, 2022. Haas has not conducted sales or shipments to anyone else in russia since the date. Haas has repeatedly told us it voluntarily stopped doing business in russia last year after the fullscale invasion of ukraine. Sanctions have been in place against the russian arms industry since 2014. Sales of millions of dollars worth of haas equipment to Russian Defense firms between 2014 and 2022 plainly helped moscow rearm ahead of its unprovoked aggression. I dont need any of this their past sales in russia are not the first time its dealings with the country landed the company in hot water. They own americas only formula one racing team. Which was prominently featured in the popular Netflix Series drive to survive. C true criticism for a sponsorship deal with a russian company. The deal meant putting the russian flag on race cars and putting his son in the drivers seat. Its very strange. The sponsorship was only canceled after russias fullscale invasion, and both father and son were subsequently slapped with eu and u. K. Sanctions. But officials at the department of commerce and treasury have yet to give any sign that they plan to go after american manufacturers that may have violated the sanctions regime on russia, nor is there any sign that they plan to add the distributor to the list of officially sanctioned entities. Im sign human im simon is from ski in kyiv. Major studios and producers are sitting down today for the first time in three months with the Writers Guild of america, the first sign of any progress and possibly the first step on the road to a deal. Jeffrey brown has the latest on the standoff for our arts and culture series candace. The strike by tv and film writers began before the summer, and last month, sag aftra joined with their own strike after their negotiations broke down over similar issues. The dual strikes have upended the industry, halting promotion of new movies and shows, and shutting down production. Jane fonda is among those out on the picket line. These unions coming together is historically important. Union solidarity forever. The new talks will have to solve major divides over streaming, revenues, and the role of a. I. We get an update now from matthew bellamy, entertainment journalist and Founding Partner of

© 2025 Vimarsana