the world. i am rosemary church. just ahead on cnn newsroom. the clock is ticking down. the stakes are high. and there is still no debt limit deal. but oh away from a default. mounting legal problems for donald trump. new civil, criminal and business troubles and the week is just beginning. plus, a group of anti-putin russian fighters who support ukraine, are claiming credit for an attack inside of russia. good to have you with, us a much anticipated meeting between u.s. president joe biden and house speaker kevin mccarthy has come and gone. still, no deal on raising the u.s. debt ceiling. both the president and mccarthy said monday s talks were productive. but it does nothing for a looming default which could happen in just a matter of days. mccarthy was adamant that i need to strike a deal this week in order to avoid the june 1st deadline. when the u.s. could potentially default on its debt. u.s. treasury secretary janet yellen has been a constant reminder of the urgency
Of people around the world. Here in the uk, theres been another fall in the inflation rate, the global picture is somewhat mixed and thats giving central bankers the people who decide how much it should cost to borrow money plenty to think about. Uk inflation for march has been reported at an annnualised rate of 3. 2 . That data coming out earlier today. Thats a long way from its recent peak of just over ii . The latest figures show a fall in the cost of meat and furniture, among other things. But many forecasters had been banking on a more significant drop than this. So where does that leave the Bank Of England and its 5. 25 Interest Rate . There had been an expectation that the banks policymakers could reduce the cost of borrowing in may orjune, but many forecasters now think it could be later in the summer. The uks central bank has a similar dilemma to its us counterpart, where inflation is at 3. 5 after last weeks unexpected jump. And that stubbornness is why theres a Growing Warin
their lives. senator scott did not mention any of his rivals by name, including the front-runner, former president trump. but he did remind republican voters that they do face a choice in this primary. he framed it as a grievance or greatness. , jeff zeleny, cnn, washington. facebook s parent company meta says that a record setting fine by the eu is unjustified and sets a dangerous precedent. the 1.3 billion dollar fine, the largest ever issued by the european data protection board, it says meta broke eu privacy laws by transferring the data of facebook users from europe to the united states. medicine is that data must be allowed to cross borders for the internet to work. it plans to appeal the eu decision. and an image of an explosion at