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Transcripts For CNN At This Hour With Kate Bolduan 20240706

state visit since russia launched the invasion into ukraine. and china is promoting this visit as a peacemaking mission. you will be hard-pressed to think that any ending of the war is coming from this visit, but world leaders are watching it very closely for any clues to what moves russia and china might make. we are covering all of the angles of the visit for you, and we will start with matthew chance in moscow. matthew, what are you hearing from the officials today? well, russian officials are treating it as a diplomatic coupe, and the leader of china coming to visit russia is the support that the kremlin is looking for. it is first time that xi jinping has come to russia since russia launched this invasion a year ago, and it is days after vladimir putin has been indicted by the international criminal court for war crime, and it is a strong message that vladimir putin is not as isolated as the west would like to think he is, and he has this figure standing side by side w

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Transcripts For CNN CNN Newsroom With Jim Acosta 20240706

you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own problems to

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Transcripts For CNN CNN Newsroom 20240706

hello. i m abby phillip in washington. and happening right now, supreme court hearings underway that could effect millions of people who owe money on their student loans. justices are hearing arguments in two cases, challenging president biden s plan to wipe away more than $400 billion in student debt. six republican-led states and two individuals are challenging its legality. let s bring in cnn s jessica schneider and renee marsh. both are at the supreme court right now. jessica, i want to start with you first. it s no surprise, this is a conservative court. and so far, it sounds like they ve been pretty skeptical of the biden administration s argument so far. tell us about what s been happening. that s exactly right, abby. the conservative members of this court are really giving considerable pushback on the idea that president biden and his administration can even put into place this sweeping debt relief. they re really zeroing in on the price tag of this program, more th

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Transcripts For CNN CNN Newsroom 20240706

good afternoon. i m kasie hunt in washington. right now the family of tyre nichols is speaking out after all five former memphis police officers appeared in court and pleaded not guilty to his murder. for the first time since nichols death his parents were in the same room with the men who brutally beat their son last month after a traffic stop. we have to start this process of justice right now. and i want each and every one of those police officers to be able to look me in the face. they haven t done that yet. they didn t do that today. they didn t even have the courage to look at me in my face. each ex-officer is facing seven charges including second-degree murder and aggravated assault. what is the latest? reporter: yeah. it was their initial appearance for the first time, we got to see them inside the courtroom where they pleaded not guilty and the legal battle getting under way. attorneys indicating this was going to be a vigorous fight. they feel the district at

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Transcripts For CNN CNN Newsroom With Jim Acosta 20240706

you re live in the cnn newsroom. i m jim acosta in washington. we begin this hour in ukraine. new worries, one year into the war that russia could soon receive support that could be a game changer. the source of the concern is china and the possibility of beijing providing lethal aid to russia. now, the white house has called this a red line and the cia doesn t believe a final decision has been made by beijing, but it s worrisome, nonetheless. and, you know, beijing will have to make its own decisions about how it proceeds, whether it provides military assistance, but if it goes down that road, it will come at real cost to china and i think china s leaders are weighing that, as they make their decisions. but first, let s go to cnn s alex marquardt, who is in ukraine with the latest on the fighting there. jim, some of the heaviest fighting, some of the worst casualty rates on both sides is now taking place around the eastern city of bakhmut. russian forces from the gro

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