sluggish exports and waning demand had been weighing on the economy. earlier i spoke with a former us diplomat who explained the balancing act germany has to trade with china. i think germany is trying to do what it can to enhance the economic relationship while still respecting the important political alliance with the united states of course the crux of this is ukraine, where both germany and the united states support ukraine at pushing back russia and china is on the other side of that with a warm embrace of putin. what challenges will both countries face moving forward economically? there is a question for germany about dependency or concentration risk. remember as a lead up to ukraine germany continue to build its economic relationship with russia and ended up in a vulnerable position in regard to energy supplies. i think there is some sense it s germany might want to repeat that with china or not. at the same time they have a business obligation to do what they can to b
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welcome to our viewers in the united states and around the world. this is early start. we begin with global markets in turmoil in the wake of the failure of two major commercial banks, svb and signature bank in the united states. global markets, asian shares closed down sharply as investors fear further bank collapses to come. european stocks have been climbing though in the last few hours, a mixed performance now, but trying to find some footing this europe. and look at u.s. futures, they are up slightly. we ll try to make sense of all of this for you in a moment. one place you don t want your investment dollars right now, regional bank stocks. first republic shares first more than 60%. western alliance bank corp down 47%. driving the u.s. market overall, extreme fear. according to cnn business fear and groeed index. clare sebastian is joining us now. explain why u.s. futures are up again. yes, and there has been five straight down sessions, basically a week of losses le
nancy mace coming up. reckless. in his sharpest rebuke yet, mike pence says history will hold his former boss accountable for january 6. will other potential trump challengers agree? a new voice. a multimillionaire businessman says he is running for president to shake up the gop. we are hungry to be part of something bigger than ourselves. is his new approach striking a cord within his own party? that s ahead. hello. i m caitlyn collins in washington. the state of our union is watching the 2024 race heat up. big news in the gop presidential primary last night. mike pence went further than he has before behind closed doors at the gridiron dinner in washington, describing his experience at the capitol on january 6 and delivering a blistering line attack against his former boss and frankly many in his own party saying, tourists don t injure 140 police officers by sightseeing. make no mistake about it, what happened that day was a disgrace. it mocks decency to portray i
cnn s state of the union right now with caitlin collins. fallout. a key bank fails prompting some calls for a government bailout with washington split over a plan for the overall u.s. economy. i don t know what there s much to negotiate on. where is it heading? former economic adviser under president trump gary cohn joins me and republican congresswoman nancy mace coming up and reckless, in his sharpest rebuke yet, former vice president mike pence says history will hold his former boss accountable for january 6th. will other potential trump challengers agree? plus, a new voice, a multimillionaire is running for gop. we are hungry to be a bigger part of ourselves. will he be the head of the republican party? hello. i m caitlin collins in washington where the state of our union is watching the 2024 race heat up. big news in the gop presidential primary. mike pence went further than he ever has before behiendz closed doors at the gridiron dinner in washington d