transitory, despite the best effort to gaslighting americans into taking higher prices with this magically disappear inflation sparking to another 40 year high and hitting 9.1% making president biden the undisputed mvp of unaffordable gas and grocery bills. joe and cospending the numbers. there is no question that we still have work to do, but it is important to know that these numbers do not fully reflect the recent drop in gas prices june prices are down a $0.40 a gallon, fighting inflation is one of our administration s top economic priorities. greg: the new inflation numbers at sure give ammo to people desperate to put joe out of pasture and 2024, like any old timer that resists change, as defiant as ever, so listen here, jack. mr. president, what is your message to democrats who do not want you to run again? they want me to run, look at the pole, jack. you guys are all the same, it should ve been 92% of democrats if iran would vote for me. a majority of democra
he s actually done. so there s never any upside in letting joe biden speak injo public. d but unfortunately for the white house, sometimes you don t have a choice. disasters happenn ha. and when they do, the public expect somebody to pretend to be president. the american economy a is currently a disaster. therefore, joe biden had to h talk. so his aides dutifully let him out to the podium today to say something edifying about it. what happened next has got to be one of the weirdest presidential briefings ever conducted. new economic numbers show has declined for two quarters in a row. that s the definition of a recession. we re in a recession. that s why joe biden had tofi hold the briefingng. and yet biden never once mentioned those numbers, not a single time other than that, mrs. lincoln, how was the play? it was completely bizarre. instead, biden simply announced that there is no recession in the united states no matter what you may have noticed aboutt your own country. i
nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we re goin
in ukraine a russian solider pleads guilty to killing an unarmed civilian in the first war crimes trial of the conflict. we have a special report on the taliban s vice and virtue enforcers who have returned to the streets of cable. tonight with the context, former conservative ministerjustine greening and democratic strategist mary ann marsh. hello. welcome to the programme. inflation has hit a ao year high. figures out today showed the rate at which prices are rising jumped 9% in the 12 months to april, up from 7% in march. that is driven by the cost of household energy that rose on average £700 last month. and for millions of people wages are not keeping up. the average pay rise excluding bonuses in the three months to march was 4.2%, which meant given the rate of inflation british workers suffered a fifth consecutive cut to real term wages. the inflationary problems are not unique to the uk, farfrom it, but uk now has the highest rate of inflation of any g7 country an
We will continue to forge ahead to do that, but that decision, as youve said, on so many levels, is totally wrong headed, and well be happy to work with congress, with this committee, on an appropriate response. Those comments from the us Secretary Of State came as he faced criticism from democrats and republicans over the administrations israel policy. As he began his testimony, mr blinken was interrupted by protestors, who called him a war criminal, and accused him of being involved in genocide. Medical workers in israel have told the bbc that palestinian detainees from gaza are routinely being kept shackled to hospital beds, and forced to wear blindfolds and nappies. Israels army has said that restraints are only used when theres a Security Risk. This report, from our middle east correspondent lucy williamson, contains some details and images you may find distressing. Sufiane abbuseleh survived months of war unscathed. He left military detention in israel permanently disabled. A tax