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we are very grateful. i will be back with you tomorrow. the beat with katy faang in for ari melber starts right now. hello. what a fantastic show. good to see you. thanks so much for everything. and welcome to the rest of you to the the beat. i m katy faang in for ari melber. breaking news on donald trump s coup charges and the united states supreme court. late today donald trump s lawyers urging the united states supreme court to delay hearing arguments on a monumental question, whether he has absuit immunity criminal prosecution from actions trying to overturn the 2020 election. the filing coming in response to special counsel jack smith who is urging the high court to fast track this case. today trump s lawyers telling the court it should wait until a lower court has ruled while questioning why smith wants to move so quickly. arguing that smith s proposal would lead to a, quote, radically compressed timetable, and that, quote, the special counsel identifies no dp ....
ukraine and israel. republicans are blocking the bill until they get concessions on border security and immigration. we will get the latest from the hill, plus 2023 was the hottest year in 125,000 years. it seems like a good time to convene a nearly 200 world leaders and thousands of representatives of global industry to work on climate change. i am going to be joined by the legendary bill mckibben to talk about what actually gotten at this year s massive u.n. climate conference. another hour of velshi begins now. ence another hour of velshi begin now. reporter: good, morning it s not a december 17th. i m ali velshi. we are now less than one month away from the start of the 2024 primary season, which kicks off on january 15th. with the first-in-the-nation gop caucuses in iowa. january is going to be a busy month, in addition to iowa, new hampshire will also hold its primary, plus there are three republican debates currently scheduled to take place during the month, an ....
let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jam ....
issues, from supporting ukraine with weapons and sanctions to welcoming sweden into nato. my guest is hungary s foreign minister peter szijjarto. will hungary pay a price for its defiance? foreign minister peter szijjarto in budapest, welcome to hardtalk. thank you so much for the invitation again, iam happy to be here again. it is a pleasure to have you back on the programme, mr szijjarto. let me start with simple question. a terrible war has been raging in ukraine for more than a year as a result of the russian military invasion. who do you in hungary, want to see when that more? win that war. we want this war are to be finished, to be stopped as soon as possible because this war takes place in our neighbourhood and you can imagine that if there is a war in your neighbourhood the impacts of the war are being immediate and severe, unfortunately, and please do not forget that when you talk to me, you talk to a representative of a nation, members of which are dying in ....
that s the first increase after five consecutive months of declines. consumer prices edged up from 6.9% in march, which could further encourage the european central bank to raise interest rates on thursday. joining me now is christian schulz, deputy chief european economist at citi bank. lovely to see you. so, the number is on the up, no great surprise considering what we have seen elsewhere, but the big question is how the central bank response. the ecb has made some progress, i guess, the base rate was in double digits at the end of last year, we are now down to 7%. no further progress in april, it seems. looking at the details, there are some positives. food inflation is down, it had been rising and rising. hopefully that is a trend that will continue. also called goods inflation, that is also decreasing for the first time. the bad news is, for the ecb, that services inflation keeps rising and thatis services inflation keeps rising and that is the surprise in this, r ....