Stay updated with breaking news from Hurst inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
huge. friday at midnight is the deadline. this is the last thing the piend administration wants as the economy is on an upswing this could have a big economic impact. pete, president biden is calling rail unions, calling rail companies in an attempt to avert the shutdown. what power does he have to affect the outcome and congress? reporter: many layers of the biden administration are engaged from the department of labor to the department of transportation. if congress comes into play, it could put into play a 60-day waiting period renewing a waiting period or could force a deal on both sides. the biden administration recommended big changes for these unions including pay raises, back pay from 2020 and bonus pay although not satisfactory enough for every rail union involved, jake. pete, tell our viewers what freight trains typically carry. reporter: we re talking about 30% of all the freight in the united states. we re talking about gas. we re talking about cars. ....
rest at the royal family s official scottish residence after arriving sunday in edinburgh where crowds turned out to pay their final respects. in the hours to come, the queen s coffin will be taken in procession from the palace of holyrood house to st. giles cathedral for a prayer service. god save the king played as charles iii was proclaimed king across the uk, including in scotland. he was formally confirmed as the new monarch on saturday before meeting with commonwealth leaders in london on sunday. and in the hours ahead, king charles will visit westminster hall where he ll receive condo lances from both houses of parliament. he will later depart for edinburgh to take part in the service for the queen. royal historian kate williams joining me now here at buckingham palace. and it is a busy day ahead. we also have nic robertson standing by with more from edinburgh. let s start with you, kate. king charles iii well and truly now ensconced in his new role. it is a bu ....
will culminate with her funeral september 19th. following the service at westminster abbey she ll be interred at windsor castle. well, a trumpet fanfare on saturday heralded king charles. even though charles automatically became king upon his mother s death the title was officially bestowed in an accession ceremony. with one voice published and proclaimed at the prince charles philip arthur george is now by the death of our late sovereign of happy memory become our only lawful and rightful liege law, charles iii. by the grace of god of the united kingdom of great britain and northern ireland and of these other realms and territories, king, head of the commonwealth, defender of the faith, to whom we do acknowledge all faith and obedience with humble affection. as part of that accession ceremony the new king then put his signature to the formal proclamation. it was also signed by the prince of wales and the queen consort. the queen s death may help close a rift betwee ....
hello there. governments around the world should subsidise food and edgy for the poorest members of society to double the cost of living crisis. that s the call from the head of the international monetary fund. she is concerned that if central banks raise interest rates too aggressively to tackle elation, stoked by the war in ukraine, they could cause recessions. she says any financial help from governments must be carefully targeted to avoid making inflation worse. they ought to care for and review who and what to support, to prevent the tightening of financial conditions and the shock but inflation is now causing one confidence, to turn what is still a positive world projection into the recession, you rightly are concerned about. so we say to our members, be very careful how much you spend and what for you stand. there are two priorities. one, the very poor people, segments of society that are now struggling with high food and energy prices. for people for whom this i ....
meanwhile, one challenge on top of another for the president of the united states, joe biden. ukraine, inflation, the markets, and now a nationwide shortage of baby formula. the president pushing back when asked if he could have acted sooner. if we had been better mind readers, i guess we could have. but we moved as quickly as the problem became apparent to us. and we have to move with caution, as well as speed because we got to make sure what we re getting is, in fact, first-rate product. so the baby formula shortage coming in the middle of worldwide shortages of grain and cooking oil. what can we do to make food supplies more stable in an unstable world? and we have got shocking video tonight. watch what happened this is jerusalem it is at a funeral of an al jazeera journalist who was shot dead while she was reporting. cnn s atika shubert was there. reporter: as the funeral procession began, israeli riot police first blocked the coffin from moving forward, t ....