trip is the situation with saudi arabia, the topic of the conversation is expected to be oil and energy. highest inflation rate since 1951. mark ed ith has more. both leaders expected to cover a lot of ground and expected to sign a joint declaration. the president got a look at the dome defense system yesterday. we expect iran to come up, both leaders believe ieshgsz ran should never be quire a nuclear weapon. every issue matters to our mutual future. we re united in our shared values and our shared vision. tomorrow the president is off to saudi arabia, could be the most controversial stop of his trip. he is not expected to hold a news conference there. he has called the nation a pariah. there is a news conference today two hours from now, different topics will be asked. carley: the trip is focused on foreign policy. i m sure reporters will ask about inflation, the number came out yesterday, worse than expected. it was way worse than expected. prices within the last
comes from russia unprovoked war against ukraine. we re seeing negative spillover effects from that war in every corner of the world, particularly with respect to higher energy prices and rising food insecurity. cheryl: today we ll get producer price index, that is inflation at the wholesale level. expectation is 10.7% a year. carley: bring in brian brenberg professor of business and economics at kings college in manhattan. economists knew the number would be bad, it came in worse than expected, what does that mean now and for the future of the economy? brian: yeah, it is bad that it came in so much higher than expected because what that is telling you is that we re losing the ability to predict where this inflation will come from.
russia unprovoked war in ukraine, the world has seen horrific cruelties. but behind closed doors, families strive for normalcy even when loved ones have to celebrate a little girl s birthday from different countries, cnn with their story. reporter: russian invasion of ukraine affected about every aspect of life even something as simple and ordinary as a birthday but a father was determined to make sure his daughter had a bright and joyful celebration for her 10th birthday even if they re not together. the cake is ready and most of the family has arrived. and what s a birthday party without birthday hats? happy birthday. reporter: grandpa and grandma get their hats too and it s time to light the candles, but there s something missing or rather someone, the birthday girl herself. is that why her father seems
hold russia accountable. carley: the president expected to announce new sanctions after a meeting with g7 this morning. todd: griff jenkins has details. griff: harrowing scenes steve just showed of the missile attack in broad daylight is why president biden says the prayers of the world are with the people of ukraine right now. he s condemning russia unprovoked attack and added president putin chosen premeditated war that will bring loss of life in human suffering issue the united states and allys and partners will respond in united and decisive way, the world will hold putin responsible. severe sanctions are coming and president biden will speak virtually with leaders of the other g7 nations today to coordinate global effort to try to reign in putin and hold him
russia unprovoked war and really you have to ask, and for what? excuse me, i didn t hear you, something disconnection. i just said it shows how devastating this unprovoked war is and people are asking for for what? and that was my question to you, the body bags you showed. very good question, but i don t have an answer for this. i don t know, it s unprovoked. it s very bloody, and it affects, mostly, this is like the first we re uncovering, the civilians are mostly targeted. so, in kharkiv, and in the morgue, you can see a lot of bodies. really, a lot of bodies, civilian people being brought everyday. there are like 50 bodies, 50 dead people that ukrainians being brought to this morgue. so the chief director of the morgue is saying they don t have more coffins, don t have anymore