Leading the s p this morning after their results. The cfo joins us this hour for an exclusive big news of the morning, fitch downgrading u. S. Longterm credit to aa plus to aaa it is the second downgrade ever by a major agency after s p back in 2011. Joining us first this morning on cnbc, the interview with the man behind that call, Fitch Ratings richard frances. Great to have you with us. Thanks for the time. Thank you i would love to know, sort of, your some color on the timing and the thinking behind the call now as some have pointed out, some of your quantitative models have been on the mend the last six months or so yeah, i mean, honestly, this is a steady deterioration that weve seen in some of the key metrics for the United States for a number of years. In 2007, general Government Debt was less than 60 . And now its up to 13 theres been a clear deterioration. Furthermore, were expecting physical deficits to rise over the next three years and we expect debts to continue to rise o
as pressure mounts back home over the debt ceiling. stunning new video of a police pursuit caught on camera in iowa an officer injured after clinging onto the hood of a suspect s car. the first state in the nation to ban tiktok entirely. what does that mean? what happens if you cross state lines watching videos on your cell phones? the answers to all of your questions on cnn news central . shards of metal left behind in flames after ukraine said it shot down dozens of russian missiles overnight. this is what is left from one missile intercepted in the capital kyiv. ukraine said they stopped 29 of 30 cruise missiles overnight. the missiles rained down on a number of cities. in crimea, trains between the two cities are at a stand still after a freight train derailed. sam kiley is joining us from eastern ukraine. russia is now claiming that it hit a weapons depot, what are you hearing there this morning? reporter: so, sarah, i think the thing here is that we are worki
about it. those questions are significant enough that we wanted to find someone who could provide a definitive answer. elon musk seemed like the right person. musk has been thinking about ai and worrying about it for most of his life. nearly a decade ago he help founded a non-profit research project called open ai. the pint was in the name. if we re going to have artificial intelligence, and apparently we are, it ought to be open, open to the willed world. that would help inner ensure it s used for good and not evil. that was the idea. as the years passed and musk town himself preoccupied building a couple of enormous companies, open ai gay gotway from him. as of tonight, open ai is nut open. it s not a non-profit research project dedicated to artificial intelligence to serve humatin, it is in fact backed by micro microsoft and control to some extent by the democratic party. elon musk thinks that s a problem. in fact, he thinks it s threat to human civilization. mount tantamo