world, i m max foster. bianca nobilo is off. the president will host for a high-stakes meeting. the president keeps changing positions, waiting those days and changing positions. why the financial markets are nervous about this, is it the 1st or the 14th. it is they destroyed us, it s tragedy tonight, but for today, in our hearts. three, two, one, engines, full power, and liftoff, falcon 9. this is just the beginning of a great journey for all of us. announcer: live from london, this is cnn newsroom with max foster and bianca nobilo. it is monday, may the 22nd. 9:00 a.m. here in london. 4:00 a.m. in washington where the clock is ticking down until the u.s. possibly defaults. negotiations in debt ceiling are set to resume between president joe biden and house ecker kevin mccarthy. u.s. treasury secretary janet yellen is again warning congress anded white house they must come to a resolution soon. i indicated in my last letter to congress that we expect to
Kyrgyzstan s lucrative business of reexporting vehicles to Russia is under threat due to potential customs-duty hikes and pressure from the Kremlin, following a boom in trade driven by sanctions against Russia.
As ukraine took major steps forward getting the f-16s, the fighter jets that it s been pushing fors for a long time. the u.s. signaling training and reexport from other countries i think that sort of provides a context. let s take a listen to what jake sullivan, the national security adviser had to say about it. the united states has mobilized an exceptional effort to deliver on time and in full everything ukraine needs to launch this counteroffensive. now that we ve done that, we can look forward to the lock-term capacity of ukraine to be able to defend itself and deter russian aggression. fourth generation fighter aircraft, western fighter aircraft, f-16 are relevant to that fight. no one is disputing. $37 billion with the u.s., more than double than anyone else put together. but it s the trickle effect that they ve put together because russia has adapted its tactics.
The mountainous, landlocked country of 8.7 million hasn’t invaded anyone since 1815, hasn’t fought a major battle since 1499, and has been effectively neutral since 1515. Now, the European security crisis sparked by the NATO-Russia proxy conflict in Ukraine has prompted lawmakers in Bern to rethink the country’s defense exports policy.
U.S. Department of the Treasury’s Office of Foreign Assets Control issued a Determination pursuant to Executive Order EO 14071 hat prohibits the export, reexport, sale, or supply of any accounting, trust and corporate formation, or management consulting services to Russia