and welcome to morning joe: weekend. let s dive right into the week s top stories. let s begin this morning with a new report from house democrats that alleges the first two years of donald trump s presidency. his family business received seven point $8 million from foreign governments. democrats on the republican-led house oversight committee yesterday released the findings of an investigation that began back in 2016 into violations of the constitution s foreign cause. the report finds from 2017, to 2019 alone, trump s businesses received at least seven point $8 million from 24 in governments. most of that money? according to the report came from china! whose government allegedly paid more than five and a half million dollars to rent out trump s own properties during that time. the government of saudi arabia where, trump visited on his first foreign trip as president paid his business is more than $600,000. the. information stems from documents obtained from the trump s fo
morning. morning joe starts right now. it s the top of the hour. welcome to morning joe. it is tuesday, january 2nd. happy new year, everybody. israel s ground offensive in gaza is entering a new phase. the israeli military has plans to pull back some troops and shift to more localized operations. we re going to go through that development and the escalating tensions in the red sea. plus, a damning, new report on the intelligence failures by the israeli military. new york times investigation found there was no battle plan for a massive hamas invasion that they were warned about. also ahead, a look at the long to-do list for congress in 2024 with several crucial items that were simply not addressed late last year. plus, the supreme court has a tight timeline to rule on what would be one of the most consequential cases involving the presidency. we ll get expert, legal analysis on the issue of removing donald trump from the ballot in two states. are there going
4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, many pe
for a couple of years there was bad communication, so good communication with chinese officials, and to make sure that the us government understands that having us business in china, active in china, competing in china, is good for the companies and is good for the companies and is good for the united states. the treasury secretary is also wanting to push back on china about overproduction whilst also advocating for favourable conditions for us businesses in china. do you think she s going to be able to achieve that? ho. to be able to achieve that? no, in a word- to be able to achieve that? no, in a word. not to be able to achieve that? no, in a word. not today, to be able to achieve that? iifr, in a word. not today, but i think we need to keep that message coming. you know, if you drop a talking point the chinese will feel, 0k, well, it is sold. so market access will continue to be a strong message, as well as national security. she s going to talking about national se
we are looking at oversupply thatis we are looking at oversupply that is enormous. the prices of panels we are looking at oversupply that is enormous. the prices of panels drop we are looking at oversupply that is enormous. the prices of panels drop between we are looking at oversupply that is enormous. the prices of panels drop between 35% we are looking at oversupply that is enormous. the prices of panels drop between 35% and we are looking at oversupply that is enormous. the prices of panels drop between 35% and 50% in all european countries last year so obviously this is a challenge for everyone whose manufacturing or owning panels in warehouses, but for the consumer it is excellent news. no one has got as cheap european energy as consumers are getting this year. how many ofthe are getting this year. how many of the solar are getting this year. how many of the solar panels are getting this year. how many of the solar panels you - are getting this year. how many of th