And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, th
being with us. it is 10:00 eastern. i m ana cabrera reporting from new york. we are following breaking news this morning. charges have just been filed against hunter biden, the son of the sitting president has agreed to a plea deal for two tax misdemeanors and a separate gun possession charge that will likely be dismissed. we ll have more on the latest in just a moment, including new reaction from the white house. plus, more breaking news, save the date for the start of donald trump s federal trial. august 14th, this year, as in less than a couple of months from now for that classified documents trial to start. also ahead, the race against time to find a submersible lost in the middle of the atlantic ocean. five people set out to the wreckage of the titanic deep underwater, but according to the coast guard, there is only enough oxygen in the vehicle to last to until thursday. what we know about who is on board and the search efforts currently under way. we begin with
the following images disturbing. it happened during the distribution of charity for ramadan. this is video footage from almasirah, a tv station linked to the houthi rebel group, which controls sanaa. the video was picked up by various news agencies and it purports to show the incident in the the city. it s an apparent crush of people, many of whom look to be in distress. our correspondent simonjones joins us from the newsroom. what more can you tell us? ? what more can you tell us? hundreds of people had gathered at a school where they were handing out aid, they were being given the equivalent of $9 each, but so many people arrived that houthi rebels in charge in the city started firing into the air to try to control the crowd. eyewitnesses say one of the bullets hit an electrical cable, that caused an explosion, that led to panic, led to a stampede, led to a crush. we know that dozens of people have been killed and hundreds more have been taken to hospital, some of those in
and she is saying, i don t care if i lose myjob, i m going to do the right thing. growing political crisis in kenya as the losing candidate in the presidential election, raila odinga, says he ll challenge william ruto s victory result. i request by the court of law. # give me a sign # hit me baby one more time tributes to the former uk pop idol contestant and theatre star, darius danesh, who has died at the age of 41. welcome to our viewers on pbs in america and around the globe. the presidential signature was the final touch forjoe biden to enable the biggest ever investment to fight climate change in the us. the bill, known as the inflation reduction act, includes more than $400 billion of new spending. it is overwhelmingly about greener energy, as well as carbon capture and some incentives for fossil fuel companies in the shape of new drilling opportunities. and it also contains reforms to the price of prescription drugs and introduces a minimum 15% tax for corporations. m