plus rising prices falling ratings. can president biden win the argument on the us economy with just days to go until the midterm elections? and a pressing crisis. the cost of olive oil set to soar with harvests shrivelled by europe s summer heatwave. hello. we start here in the uk which is now facing the longest recession since records began, a century ago. that was the bleak warning from the bank of england on thursday, as it raised interest rates to 3% to try to dampen down soaring inflation. the bank says the uk economy is already in recession, and could keep declining until the middle of 202a. the pound slumped on the news to its lowest in more than two weeks. here s our economics editor faisal islam. the end of a decade and a half of ultralow interest rates was always going to be difficult, but dealing in mortgages has in recent weeks felt more like the stock market than the housing market. , , stock market than the housing market. , , . ., , market
On the other hand, gave what was billed as a thanksgiving address to the nation. Exhorting the American People to join him in fighting the virus and not each other, a call for resilliance, while noting how tired we are in the face of this uncontrolled pandemic. I know the country has grown weary of the fight. We need to remember were at war with the virus. Not with one another. Not with each other. This is the moment where we need to steel our spines, redouble our efforts and recommit ourselves to the fight. So hang on. Dont let yourself surrender to the fatigue. I know we can and we will beat this virus. Americas not going to lose this war. America holds fast with conviction out of pain comes possibility. Out of frustration comes progress. And out of division, unity. As the transition moves forward both biden and harris will receive their first daily intelligence brief on monday. More cabinet nominees expected to be announced last week. Politico says that biden is leaping toward appoi
Christmas. Plus, president elect joe biden suffers an injury to his foot while playing with one of his german shepherds over the weekend. The question is, how serious is it . And more historic hires as the president elect continues to fill out his cabinet. An allwomen Communications Team and a first to lead the influential white house budget office. The question is, will biden have to fight Senate Republicans to get the Economic Team he wants . Its way too early for this. Good morning and welcome to way too early, the show that is definitely still eating turkey sandwiches for breakfast. I dont know about you. Im kasie hunt on this monday, november 30th. Well start with the news. The president elect will be walking in a boot for the next few weeks. Joe biden suffered a hairline fracture in his midfoot while playing with his rescue dog, major, on saturday. His personal physician confirmed the diagnosis, which was initially believed to be a twisted ankle. Biden was seen leaving the Doctor
It was my Justice Department that arrested them. Its not my Justice Department. Its the peoples Justice Department. Yeah. Yeah. Just one of the ways things will be different 47 days from now. Its definitely not his Justice Department. So let me ask im just curious. So its not going to be his Justice Department. No. Not his. Its not going to be his military. Its not going to be like the bullets that he gets what was that one, willie, before i became president , what did trump say . My army was out of bullets. Ammunition. Theyre out of ammunition. Oh, my gosh. It was monopoly or something. He talked about my generals. He loves to talk about my generals, my military. Its amazing to listen to joe biden. It seems radical to Say Something as conventional as the Justice Department does not belong to me. I mean, it is a radical departure from the last four years but its something that the president should say. Its in line with what republican president s and what democratic president s have sa
Ukrainian diplomat in that country, then theyll also hear from george kent, a Career State Department official. And on friday, theyll hear from marie yovanovitch, and a senior aide telling me the story on wednesday will be about what has occurred over the last several months. Theyll be able to tell the American People exactly what events transpired. And on friday, of course, yovanovitch will be able to tell her story about being ousted from her post. Jim and poppy . Lauren, you have this request list for witnesses from the republicans. I have in front of me eight, at least, that they want to hear from, some of whom have already testified behind closed doors. Some not. You have people like nelly orr, hunter biden, devon archer, former board member of burisma. Inthought it was interesting, we heard patrick moloney, a democratic congressman on fox yesterday saying, we can see calling some of them, obviously, not people like hunter biden or nelly orr. Where does this thing go . Reporter de