what we know about how they were found in what the biden team is doing about it. and a dangerous escalation into the battle over medication and abortion. we will touch down in the state whose attorney general has threatened to prosecute women for taking abortion pills. plus, they would ve been dr. martin luther king junior s 94th birthday. tomorrow, we celebrate his. life later this, hour though, we will talk with his. work velshi starts now. and good morning to you. it is sunday january the 15th. i am ali velshi. we begin with a dire warning for the american economy. a debt ceiling showdown that is set to explode this week in congress, with potentially disastrous consequences. but in order to understand what is at stake, let us start with a history lesson and a historic visit. on, friday president biden hosted the japanese prime minister fumio kishida at the white house. an important visit meant to highlight the close relationship in the alliance between those two nations. a
russia s brutal war and his visit, russia s former president, former foreign minister, former president dimitri medvedev has reacted publicly stating kishida has shown a complete subservience to the u.s. and should ritually disembowel himself, which i admit is a little harsh to be discussing on sunday morning tv. we will have more on russia s war in the chaos inside russia in a few minutes, with russia s foreign foreign minister, but first, back to the brief history lesson i brought up, because japan is interesting for another important reason. one which should serve as a stark reminder to american lawmakers at what happens when you play with fire in a fragile economy. sometimes, as fire goes out of control, and has catastrophic consequences. coming out of the 1970s and 1980s, headed to the 1990s, japan was the fastest growing economic power in the world, a global financial club manufacturing all sorts of things. think about watches, panasonic tvs, toyota cars. when our stuff
would still be unleashing deadly devastation six months after it began in february. vladimir putin sure didn t. he planned a three-day invasion to take the capital city of kyiv and depose that countries duly elected president. the russian president also plan on preventing the expansion of nato instead the alliance has never been stronger. it s a to admit to new members. finland and sweden. nordic nations that have hissed a history of being unlined and would share an 800 mile land border with russia. putin s war of choice is also stated multiple humanitarian crises. the most visceral of which is the flood of people who are trying to escape the deadly violence. the united nations high commissioner for refugees has recorded more than 6.6 million ukrainian refugees across europe. more than 3.8 million have registered for some sort of temporary protected status to remain in the countries that they have led to. another major humanitarian crisis is on hunger. due to ukraine s role
pressure to turn on the former guy. mitch mcconnell s moment of truth. he admits the republicans may not win the senate, do you too can do this quality. in other words, folks like this. i ve never really felt a wise societies responsibility to take care of other people s children. one time science of the man came from apes. if that s true, why are there still layups? yes, and it, you should be worried. i am michael steele in for my friend jonathan capehart. and this is a sunday show. the sunday. donald trump is still trying to play the victim after the fbi searched his home in mar-a-lago. he is threatening to file a major motion pertaining to the fourth amendment, which prohibits unusual search and seizure. meanwhile, a federal judge has given the doj until thursday to submit proposed redactions for the affidavit used to authorize the fbi search. the trump team is also considering releasing surveillance video of the search. but the doj is concerned about the safety of a
are with us. let s start it off with you. this idea that it is one of the bigger sectors relatively speaking, the s&p 500, but it s also, remember, one of the fourth worst performing sectors so far. say a look at the year to date losers. interesting stories lines start to play out in terms of the particular stocks and themes drieding the trading. kohl s is down 19% and fossil, belts, watches, that sorts of thing, down 21% as well. if you take a look at some of the other stocks that perhaps are on the other side of this, you see the winners. off price retail, tj max up 5%. ulta budy up 10%. lulu lemon is up 17%. the biggest one everyone talks about is one that hasn t gained a lot so far this year only up 5% year to date. it s amazon.com. but remember, one of last year s top performers and courtney, i got to sashgs one of the interesting things about this whole discussion is this idea of these stocks as melissa, i don t know if there is a theme that drives all these together.