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stephanie ruhle. speaker kevin mccarthy may hav won the battle to pass raising the debt limit, but now he i on a collision course with the urged president biden to make deal to give the u.s. from default, and economic disaster now the president can n longer put this economy in jeopardy, we - we have sent it to the senate. the majority of american overwhelmingly want us to si down and negotiate it is up to them now this afternoon, biden again insisted negotiations were out of the question. i m happy to meet with, mccarthy but not on whether or not the debt limit get extended that is not negotiable the clock is ticking, washington has until early jun to act mccarthy s bill now heads to the senate, but according to senate majority leader chuck schumer, the thing is dead o arrival. we are also following the civi rape trial involving forme president donald trump today e. jean carroll wh accused trump of sexual assaul gave explosive testimony i federal court. and we ....
we start here in the uk, where the bank of england has raised interest rates to their highest level for m years. the increase will leave millions of households facing higher mortgage payments at a time when many people are already struggling with crippling energy and food bills. the bank has raised rates by half a percentage point, to 4%. the aim to make it more expensive to borrow and spend so businesses and households rein in, meaning less upward pressure on prices. uk inflation eased slightly in december but was still at 10.5%, close to the highest level in a0 years and more than five times the bank of england s target. the bank governor said inflation had turned the corner, but the battle against surging prices wasn t over yet. we have done a lot on rates already. the full effect of that is still to come through. but it is too soon to declare victory just yet. inflationary pressures are still there, and we can see that in the data and we hear it from our agents. and we ....
i think it is very differen than 2008, because the banks a the center of 2008 wer literally the left ventricle o capitalism the banks at the very heart of capitalism new topic okay, new topic i got, it we covered it do not be scared that is phil cohen s message t you. the disney now disney is trying t retaliate against ron desantis and sue the governor what is your take on what is happening there? wasn t there a time when the republican party were really into big business, so one woul think the biggest employer, on of the biggest employers i florida, ron desantis would be down with? you would think, that but rhonda santas is - as what think about this, in tw weeks, bob iger and donald trump have neutered him for al intensive purposes the guy is finally in a bit, you saw him in japan, news engaged in this culture wa stuff, he is trying to take on ....
You. the disney now disney is trying t retaliate against ron desantis and sue the governor what is your take on what is happening there? wasn t there a time when the republican party were really into big business, so one woul think the biggest employer, on of the biggest employers i florida, ron desantis would be down with? you would think, that but rhonda santas is - as what think about this, in tw weeks, bob iger and donald trump have neutered him for al intensive purposes the guy is finally in a bit, you saw him in japan, news engaged in this culture wa stuff, he is trying to take on corporations and by the fact that they have tens of thousands of jobs, just fo disney alone right within th state, and obviously the infrastructure and ecosystem around that. so to me, i think this i ....
Will be ensured by the strengthening of our diplomatic relations with our allies, preserve peace and create a stable international environment in the asia pacific region. the philippines former president rodrigo duterte had sought closer ties with china. as this deal shows, the new administration of ferdinand known as bongbong marcos has been keen to reverse that. but he needs to tread a careful diplomatic line. because, while the philippines may want to protect its territory, china is its biggest trading partner. here s hermin kraft from university of philippines. this is, to a certain extent, part of the foreign policy plan of the marcos administration about being friends to all, but at the same time, you have to take into consideration the strategic relationship between the philippines and the united states has been a long standing one. and the idea of increasing or putting some teeth to american guarantees of security has been something that the philippines ....