the u.k. as it positions itself on ai. stay with us. this is bloomberg. ♪ >> welcome back. the prime minister of the u.k. is set to appear alongside the nvidia co-founder at london tech week to mark an agreement in which they help train more people in ai and expand research. he is keen to emphasize a positive vision. and i am joined by the ceo of luminous, a platform used by lawyers and enterprise. they will speak about how they can expand. talking about expanding outside home countries, know the u.s. is a big focus. you produce ai for enterprise. your clients include tesco and others. the u.s. is a major market and you have seen a lot of success. and in terms of the demand you are seeing in an environment where growth is slowing, how is that looking? >> it is exciting for us. our revenues have increased by five times and if you look at demand we have part of our platform where you can ask questions and get results on your contracts. the usage has increased by 40 times over the last year so de

u.k. chancellor rachel reeves said that her spending plan over the next three years with some departments facing real term cuts to their budget. so we have a framework for conversations between the u.s. and china. both of the presidents did not get much deeper on the back of two days of talks between the two sides here in london, but at least on the very margins, and easing of tensions between the two world's largest economy. by the end of the futures -- close yesterday, european futures pointing lower by around .4%. ftse also lower by .3%. looking as well for the capital expenditures plan coming from the chancellor rachel reeves late today. s&p down .4 percent, nasdaq 100 down around .6% by the close yesterday in the green, today, pointing lower by .4%. let's have a looking across assets. as we look ahead to the inflation data out of the u.s., month of may year on year expected to pick up. for inflation at about 2.9%. that is the estimate. what does that do to be expectations? 42 basis po

and u.k.elations and made a new age of great power and rivalry with china, calling for a reboot of the transatlantic alliance at this one hour event. c-span2. ♪ ♪♪ [inaudible conversations] >> good morning from atlantic council global headquarters in washington. thank you for those joining us in the united states, the united kingdom, elsewhere in europe and around the globe. it's my honor to welcome you to the 2025 christopher j. makens lectures. the atlantic council's tribute to a dear friend of this institute, a dear friend of mine and many others in the audience and a tireless advocate for transatlantic relations and in particular the u.s.-u.k. relationship. it's a pleasure to see the executive vice chair of our board, adrian, in the audience and also a friend of lord mandelson's and many other atlantic connell board members, in particular wendy makens, thank you so much for being here and marion, are you here as well? i think marion will be here, so, it's always wonderful to have you here

coming up, after the u.k.es an always on munitions production capacity, we will ask how the country can fund its increasing defense aspirations. that is next. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe. the white house confirmed president trump will attend the upcoming nato summit at the hague at the end of this month. trump is said he wants members to spend 5% of gdp on the military and what would amount to a substantial increase from current levels. joining me now from berlin is bloomberg's charlie kirk. this is significant, is in it, given all the question marks around trump support for the nato alliance. all: i don't think he would've had shift on the scale had basically trump not threaten to do that. it's something most european leaders here acknowledge. the question is whether these european leaders are going to hit that 5% target if that is going to be the formal commitment put forward by nato in saying this is basically what we are willing to do on the european side in order t

the u.k.inister keir starmer says the threat from russia cannot be ignored as his government ramps up defense spending. we bring you full analysis. more talks but still no cease-fire as russian and cranium representatives met in turkey for a second round of negotiations. we will assess where the talks are headed. what does the election of a nationalist anti-e.u. president mean for poland? we are live in warsaw. the suspect in the firebomb attacks in colorado in america is due in court. we will bring you an update. but first a major review of u.k. defense says written is not ready for war and needs more drones, attack submarines, nuclear weapons and ai technology to deal with a new era of threat from russia. the government has accepted the recommendations and says the british military will move toward fighting resident -- readiness. the prime minister called for a battle ready armor clad nation equipped for the decades to come. new proposals include plans to spend $20 billion on nuclear weapons

and the u.k.ernment has given the go-ahead for an investment in the size will see nuclear power station in suffolk in eastern england. it's already been in planning for more than a decade with the private sector expected to contribute more than half of the likely price tag. bloomberg has learned barclays is preparing to cut over 200 investment banking jobs. staff may be impacted with managing directors and senior roles affected. it is meant to give the bank more capacity to invest in priority areas such as rates, equity derivatives and product trading. and u.k. retail sales recorded their slowest growth in six months. the british retail consortium says sales rose 1% year on year driven by a 3.6% rise in food sales the smallest overall gain since november when sales declined. russia unleashes a massive drone attack on kyiv and odessa after a major prisoner swap transferred the first group of soldiers. more details on that conflict next. this is bloomberg. ♪ confession: i moved here because xfinity

the u.k.er repeated incitement of violence against palestinian communities in the occupied west bank and their comments on gaza. israel's security measures -- minister in finance minister will both face a travel ban and see their assets frozen. the u.k. has joined norway, australia, canada and new zealand in imposing sanctions on the pair. the u.s. ambassador to israel has described the decision to sanction the ministers as a shocking decision on the part of countries i considered to be allies. he spoke to bbc radio. >> i have not yet heard a good reason for why these two elected ministers have been sanctioned by countries that ought to respect the country's sovereignty and recognize that they have not conducted any criminal activity. it is a huge shock and i have a feeling the united states will respond appropriately to what they will see as an incredible overreach. >> mike huckabee there. the u.k. foreign minister explained why this decision was taken. >> we are announcing sanctions against

and see their u.k. assets present. the u.k.ustralia and new zealand in imposing sanctions on them. reporter: two ministers on whom israel's coalition government depends, both hardliners, both on the nationalist far-right, both now officially sanctioned by britain, australia, canada, and norway. they accuse the two men of repeatedly inciting acts of aggression and violence against civilians in the occupied west bank, encouraging the growth of illegal sediments -- settlements, abusing the human rights of palestinians. for that they are subject to travel and asset bands. >> today we are announcing sanctions against those individuals, because we have been absolutely clear. this has to stop. and we stand for a two state solution. the violence we have seen in the west bank particularly is entirely unacceptable and must stop. >> mr. speaker, 2024 saw the worst settler violence against palestinians in the west bank. reporter: in part to the government is responding to political pressure. this evening mp's urging ministers to formally r

tom: u.k.r keer starmer attempts to woo more tech into britain he will be keen to attract more unicorns and this status is a goal as well. it has backed about 40 startups, including cybersecurity start up in a food security startup and has around $370 million in assets under management. let's speak to the founder who joins us from paris. thank you so much for joining us this morning. we heard from jensen wong, he talked about the infrastructure needs of europe and the u.k. to ensure we are not left behind when it comes to this ai revolution. you say you are more bullish on european tech now than you have been previously, why? >> 100%. but we've seen over the last 10 years is that the scale of capacity here in europe has only gone up tenfold in the market. on a per capita basis, and this is now very excited and the press, europe has 30% more engineers in ai in the u.s. does, three times as many in the year than china does. in some of the most interesting companies, he talked about a couple of th

while he emphasized israel has the right to self-defense and the u.k. recognizes that right, he was very careful to stress de-escalation was what he wanted now. that was going to be the theme of his call with prime minister netanyahu. when i asked if he thought the preemptive strike by israel on say he thought it was. scarlet: he will be attending the g7 as well. i'm curious how that positions him. please become the leader among european nations -- he has sorta become a leader among european nations when it comes to the middle east and international conflicts. mishel: and on russia and ukraine a particular he's worked really hard in the last few months to try and get president trump to support ukraine more and to be tougher on russia. he's put time, effort, and energy into that. he has not got as far as he wanted. that part of the conversation was the hardest one. i'm at the go, he went to kyiv with other leaders and with president zelenskyy they called president trump and keir starmer made a statement saying together with the u.s. we are going to up sa

in the u.k., prayers have been held for the british people killed. our senior u.k.ts. >> hindu prayers for the dead and the families who will never see their loved ones again. several members of this congregation someone on that fatal flight. >> it's a really big loss for us , and we all know a person. >> ahmedabad is just nearby where i am from. reporter: there are hundreds of thousands of people of gudrathi heritage in the u.k. and this flight was coming from there. the worshipers have made clear this prayer is not just for one community, but for all the communities affected by this crash. the former chief minister of gudrath was a close friend of the priest here and is believed to have been on the plane. >> he gave support to the gujarat community. it is very sad news. one family lost one person, but the entire community lost so many people. >> we are at the airport, just boarding. goodbye, india. reporter: a married couple, jamie and fiongal greenlaw-meek, who run a spiritual wellness center in london. this was their last instagram post before their flight. also

around the world and across the u.k., this is bbc news. ♪ ♪ let's get more on the trade deal betweena, which leaves in place 55% tariffs and import duties on all goods from china. busy baby is a small business based in minnesota which supplies baby equipment such as placemats and other accessories, which are all manufactured in china. the business is run by two siblings, beth and eric. thank you, beth, for being with us. we have this announcement with trump and president xi come expecting to sign off on a trade deal, but these 55% tariffs remain. what is it for your business at the moment? beth: it has been an absolute nightmare. it's been a roller coaster. we don't know what this means. there are supposed to be a 90-day pause, 30%. we made a lot of business decisions on that agreement, and now it appears that is changing. so we don't know what it means yet. we don't know what to do. it is literally impossible to make any business decisions as a small business owner. sumi: so what do you do about importing the goods that you need? beth: yeah. so, my goods were actually held in china

the government wanted to see if they could help u.k.d all toes bound for london at the time. we are also hearing again that the u.s. transport secretary saying f.a.a. hasson gauged boeing to review any necessary information as part of the investigation so a number of agencies involved in the investigation led by india but an international element to this. we got the latest from on the ground. >> while i have been coming i have seen hundreds of mental works and firefighters and policemen and other emergency response team and what i want to describe is the smell. it is an being a rid smell of burning that hits as soon as you get off the aeubgt in the airport which is close by and grows stronger. really strong smell of smoke and things around us are still smoking. next to me there are fair officials who are trying to point the hose toward a tree still burningment there's they are tree that has fallen over the bottom still smoking. there are charred bits everywhere. they were trying to pout a fire in that building and the plane crash happen

the government wanted to see if they could help u.k.d all toes bound for london at the time. we are also hearing again that the u.s. transport secretary saying f.a.a. hasson gauged boeing to review any necessary information as part of the investigation so a number of agencies involved in the investigation led by india but an international element to this. we got the latest from on the ground. >> while i have been coming i have seen hundreds of mental works and firefighters and policemen and other emergency response team and what i want to describe is the smell. it is an being a rid smell of burning that hits as soon as you get off the aeubgt in the airport which is close by and grows stronger. really strong smell of smoke and things around us are still smoking. next to me there are fair officials who are trying to point the hose toward a tree still burningment there's they are tree that has fallen over the bottom still smoking. there are charred bits everywhere. they were trying to pout a fire in that building and the plane crash happen

we've headlines crossing in the u.k. prime minister and the last 30 minutes.eir starmer urging all parties to reduce tensions urgently. the redhead across the bloomberg terminal. the iaea saying there is no increase in radiation at iran site according to the afp, we know that the site has been targeted by israel in this attack. if we just take a step back, help us understand what the rationale is for israel launching an attack of this scale. >> israel has been chomping at the bids for these kind of strikes since the fall of the assad government in syria and since he achieved a major victory overheads below last fall at the end of 2024. this remove two significant layers of iran's proxy network from the defense matrix. israel also struck iran twice including in october of 20 24 were destroyed a substantial amount of iran's air defenses and iran's retaliation was something that the israeli government believes they can tolerate. they can deal with military to military strikes and they could shoot down most of the ballistic missiles and drones. so for netanyahu, h

and others like the u.k.ing words like intolerable to describe the situation in gaza, the killings of palestinians in recent days around those aid points as inhumane. if you go back a year or two when the u.s. and u.k. were in lockstep over these issues, it shows you how sharply that divide has grown since. sumi: great to speak with you, thank you. the failure of that resolution of the un security council comes as the head of the international red cross says gaza has become worse than hell on earth. speaking to the bbc in geneva they said humanity is failing and palestinians are being stripped of human dignity. this follows the closure of aid distribution centers from a controversial u.s. and israeli backed group wednesday. the gaza humanitarian foundation says closures are for update, organization and efficiency improvement works. witnesses and international medical teams reported terrible scenes at the new aid centers. dozens of palestinians were killed by israeli fire near one site tuesday. they fired it t

the u.k. softer , down 1/10 of 1%. weakness came through by the end of the session yesterday, pointing to gains of four tens of 1%. nasdaq 100 was hit as a result of the tesla drawdown. relief coming back into the nasdaq 100. let's have a look cross asset then. pressure across treasuries in the dollar yesterday. today, relatively stable. 438 on the benchmark as we lead up to the nonfarm payroll print. expected number of 126,000 in terms of jobs added. that would be softer than 177,000 in the previous month. unemployment expected to remain at 4.2%. brent at three tense of 1%. gold getting a bit up. let's check in on the asian markets. indian central bank coming through with a surprise cut of 50 basis points to 5.5%. changing their stance to neutral. we are watching the impact across india. the indian rupee not much movement right now on the currency. volatile on the back of the lines coming through. across the regional index, set for seven gains out of the last eight weeks. hsi, softer at 3/10

a bounce in europe and the u.k. is coming. jonathan: d.c. white house as pro risk or progrowth? bob: the single thing investors are looking for right now -- there's not one thing but if i picked one out is certainty. calming down the situation with u.s. and china would be a very big part of that. i think the announcement today -- if we move forward with solving some of those situations -- keep in mind, if you go back 10 decades, tariffs were like 2.5% on average. they got the 25% or 30% with all of the noise. if they settle around 5% or 6%, we have confidence again and certainty again and we will have dealmaking come back. i think this is a big moment. i think what has been recognized is that china actually has some pretty strong cards. rare earths is one of them. as you look at the latest numbers, china still had an increase in exports. exports to the u.s. were down 30% but exports to the rest of the world were up 11%. overall the exports were up. less than 10% of their exports into the u.s. today. jonathan: dan, this is something you talke

in the u.k. the ftse 100 looking to add nine points adding up by .10 present.ys higher after gains of .4%, pointing lower. nasdaq 100 futures off by 63 points. let's put the board and have a lacrosse asset. stability this morning in treasury market after a selloff yesterday. you saw the 30 year yield crossing back about 5%. yields up about 6, 7 basis points. today the 10-year is yielding 440. just down close to two basis points. relief for around an auction in japan on the 10 year, well received. that is leading to stability in the treasury markets. 114 on euro-dollar. down .2% as the dollar picks up a bit of steam after the losses of yesterday. brent adding to the gains of yesterday up .2% on oil and gold. selling off by .6% after strength of yesterday and that haven move, some of that has been paired into the session at 3003 hundred 60 per troy ounce on the yellow metal. let's get details on how to think about these markets with a particular lens on credit and rates. i'm pleased to bring in the fund manager at invesco. thank you for joining us in the studio.

harming the industry and harming the country. >> carnegie u.k. was founded by andrew carnegie and found that people under 49 are twice as likely to be negatively impacted by the rising cost of living compared to those over 65. despite more tuns for young people and putting more money in their pocket, we saw the scottish government try to close off an opportunity by refusing to back a new plan from rolls royce. what is the prime minister doing to ensure that young people in scotland are served by the government? >> at a time of local conflict it's staggering that the policy is to block an 11 million pound investment for a new national welding center. to block it. i was there, mr. speaker, this week. i saw the huge potential for apprenticeships if job opportunities and for young people. i support it. they block it. in england, mr. speaker, we're backing 120,000 more apprenticeships and three billion pounds of funding as part of our plan. despite the highest fundle settlement in history they're cutting college budgets, blocking opportunities, they h

beef in the u.k. corn in the u.k. cereals in the u.k. in europe, in india. won't buy a bushel of our corn. if they by ethanol, that will help our corn farmers. we've got to open these markets. beef, poultry, pork. you won't believe how poorly are farmers and ranchers are treated and fishermen. we weren't allowed to sell lobster in the u.k.. if you read the way we are treated so badly, you would understand why the president is on these trade deals. make it fair for our people. i always lead with agriculture because we are just treated so badly. you would keep shaking your head. i can't believe it. i didn't know it when i wasn't here but when i first read it i said come on. it is sort of old rules that are just not true anymore and we are blasting those open and that is what i'm going to do for our farmers and ranchers and fishermen. vice chair strong: i'm thankful for what you are doing and these trade agreements have got to stop where america is being taken advantage of and i commend you and your staff for what you are doing. i know it is a lot of hours bein

we will breakdown what it means for politics across the u.k..s set to receive a knighthood in the king's birthday honors for service to the kingdom and british society. president trump has said he is not interested in making up with elon musk after their relationship broke down in front of the world on thursday, just a week after mr. musk left his role at the white house. republican lawmakers are trying to contain it with speaker mike johnson saying he hopes it resolves for the sake of the country. there were reports earlier the two men would speak but that was quickly shut down by the white house. reporting tonight by our u.s. partners at cbs news are that donald trump is considering selling a red tesla he bought several weeks ago in a bid to promote elon musk's company. the bbc took these images of the card today still parked outside the white house. the row ends the relationship that saw the world's richest man become first buddy with the president and whose mandate was to cut to truly dollars from the u.s. government budget. but criticisms o

martine: this story continues to feature on the front pages today of a lot of u.k. newspapers.involved? daniel: in this particular bit of the investigation british police are not really involved at all. this is not part of any british investigation, the british investigation is still being funded by the home office is taking over at the moment. they don't have fresh leads. this is very much a german led investigation because their main suspect is in prison in germany, he is a german citizen even though many of the crimes he is accused of and the crime he has been convicted of took place here in portugal. he is currently serving a prison sentence for sexual assault of an elderly american woman here in 2005. there was a couple of years before madeleine mccann disappeared. he is due to be released from that sentence either in september or if he does not pay his fine then early next year. the german prosecutors are now quite concerned they are acting against a clock. he and his lawyers have made clear if he is not charged he is going to disappear, there is not much the german polic

inspiring christians in the u.k.re in america with a growing number of young people who are seeking christianity. it was a blessing to be there. i wanted to share that with you. you inspired me. harris, go on this trip. >> i loved following it's on instagram. beautiful. >> thank you. here's "america reports." >> sandra: the feds announcing charges against two suspects accused of hurling the molotov cocktails at officers during the l.a. riots. >> john : one of those suspects, a mexican national in the united states illegally. the announcement made in the last hour as los angeles deals with

in the u.k., two teenagers have been sentenced for the manslaughter of 80-year-old bhim kohli who wasused and punched and kicked to death last september. a 15-year-old boy will serve seven years in custody, a 13-year-old girl who filmed him carrying out the attack has been given a three year youth rehabilitation order and a six-month curfew. any child in england whose parents receive universal credit will be able to claim free school meals from september next year. currently, a household must earn less than 7400 pounds a year to qualify. the prime minister says the change will make another half a million people eligible but has not said how the move will be paid for, all those schools will not have to find the money. police investigating the disappearance of madeleine mccann have finished her latest search after three days scouring scrubland in portugal. it is 18 years since three-year-old madeleine disappeared while on a family holiday. there is no significant signs of new discoveries in this latest search. now, if all goes to plan, we are just a few minutes away from a private japan

now let's turn to the u.k.of pensioners in england and wales will have their winter fuel payments reinstated later this year after a major u-turn by the government. a year ago, the chancellor announced only those receiving pension credit will get the extra money, a decision which sparked an outcry. there are just over 11.5 million pensioners in england and wales, 9 million of them will now get at least 200 pounds extra for the winter. let's go back to the united states, washington. donald trump is investing investors, talking about the economy in the u.s. let's see if he says anything about l.a. pres. trump: you had a disaster happening. they now admit it was a disaster. i watch the chief yesterday, a good man, by the way. he said we are lucky we did this. they were overwhelmed. you saw what was happening. so we did the right thing. everybody agrees to that. you have a governor who let the city burned down, who didn't want water to be sent down. i sent billions of gallons of water. i wanted to do it in the firs

so why do you think the white house pointed the u.k. out as the one exception? >> that's the only sort of framework deal. >> we. >> have on the table here. >> so i think. >> that is part of the president's negotiating ability, saying, look, if you don't want steel and aluminum tariffs to be 50% or higher, then come and talk to us about all these other things. this the big picture with your country's trade deal. there are still a lot of. things to work out. >> with the u.k. by. >> the way, that was the first deal was very heralded. right. but it isn't really kind of inked yet. and, you know, the i's are. >> dotted and. >> the. t's crossed. so we'll watch to see what happens. there are a lot of deals to be done on a july 9th. is the end of that so-called pause on the liberation day tariffs, country by country, tariffs. still an awful lot of work to do and a lot of uncertainty in in normal times. >> it takes years. >> to do. >> these. >> trade deals. i mean you just look at the snarls with the china deal right now and there are so many different levers you push her

another brother in the u.k. spoke to sky news. >> he said our plane has crashed. i don't see any other passengers. i don't know how i'm alive. how i exited the plane. >> reporter: on board, passengers from india, the u.k., portugal and canada. the first crash ever involving the boeing 787 dreamliner, a plane with a stellar reputation, and 1,100 in service worldwide. already federal investigators are looking at this video of the plane taking off and noticing that the flaps do not appear to be extended. >> without the flaps extended, the wind cannot produce enough speed. >> reporter: the nose pointed up indicating a possible aerodynamic stall. and the landing gear stayed down well past the point it should have been retracted. the captain had 8200 hours of experience. the first officer, 1100 hours. one of them radioed a mayday but it's not clear who was piloting the plane. >> this is a difficult day for all of us at air india. now our focus is focused entirely on the needs of our passengers, crew members, their families and loved ones. >> reporter: while indian inves

what they were dealing with was the british empire, the u.k. was the preeminent industrial power. they were there first giant industrial power on planet earth. they had built a commanding economic and technology -- technological position. and america at the time of the revolution was mostly farmland. there was a raging debate about whether america should be an industrial power which is what hamilton wanted or a rural farming and aristocratic power which was what jefferson wanted. hamilton won the debate. the american system led to the creation of the u.s. as an industrial power. that developed over the 19th century but really told off at the tail end in what was called the second industrial revolution. between 1870, 1880 and 1930, everything we view today as the modern world was invented them. you can look around the room today and say that every piece of physical infrastructure literally everything, the airplane and you factoring techniques to be able to make -- the airplane, the manufacturing techniques to be able to make glassware at scale, television, radio, the automobiles we

we are celebrating a china stand down and deal with the u.k. both of those deals if we start on january 20 and liberation day got us here, both of those are not even close to pre-liberation day. what a master dealmaker. even if it is some power, it's so most better than the two worst presidents in his -- in american history, barack obama and joe biden. that's his analysis. jonathan: is it important for your party to move on by acknowledging what happened last year and that biden should not have run again and just say it plainly so you can move on? rep. himes: i may have been the first house member to call for president biden to step away from the campaign. i won't pretend i had a lot of contact with the president, but i had enough that i had serious misgivings going into the debate and on the debate clinched it for me. in this hyper politicized era, i am listening to scott jennings say this is the biggest cover-up in american history. we saw joe biden. he had moments of great lucidity. we seem to have forgotten about the state of the union addr

we talked about japan and the u.k. but there are details. annmarie: the u.k.oes have questions to talking about the what the 50% new steel and tariffs level might mean. lisa: coming up, we will discuss this with the former trade official. from new york, this is bloomberg. ♪ you think those phone guys will ever figure out how to keep 5g home internet from slowing down during peak hours? their customers have to share a wireless signal with everyone in their area. oooh. -you know, it's kinda like when you bring a really big cake for your birthday, and then there is only a piece left for the birthday girl. well, wish her a happy birthday. happy birthday... -it's... ...to her. -no, it's me. have your cake and eat it, too. don't settle for t-mobile or verizon 5g home internet. get super fast xfinity internet you don't have to share. forty's going to be my year. lisa: coming into a monday with a bit of a softer tone after the biggest may performance for the s&p 500 going back to 1990, more than 6% going back 18 months. today, softening a bit led by some of the bigges

the u.k. gets a reprieve. mexico says it is ready to retaliate.oke to vladimir putin in the first call between the leaders since ukraine's unprecedented attack on airbases deep in russia. posting about the call on truth social. [reading statement] let's speak to our america correspondent. the news in the last hour that this call took place. what did you pick out? >> the first time we heard from president trump since the surprise attack by ukraine. president trump presented it as this is what putin plans to do. he was basically relating facts. no indication whether he tried to persuade putin of not doing that. lighthouse didn't give us details after. seems like donald is a bystander now when it comes to ukraine-russia. he said in the past he would stop the war. clearly it has been complicated. he is exasperated with both sides. he has shown more optimism by pivoting, which is working with russia to try and deter iran from nuclear capabilities. sarah: ukrainian issue, the iran issue, what do we know? >> basically saying him and putin agree iran shou

such a wonderful time in fellowship with 40 christian women from she leads america and she leads u.k.th organization founded by elizabeth doyle. i spoke to about, i don't know, 60 plus people in the group about god working in our lives at the toughest points and the miracles much. an amazing connection with her royal highness duchess sophie married to edward. we spoke about faith and tv news and bold about her belief in god inspiring vice re christians in the u.k. to lean toward prayer. now "outnumbered." (tom) i'd like to take a moment to address my fellow veterans because i know so many of you have served our country honorably. one of the benefits that we as a country give you as a veteran is the eligibility for a va loan... ...for up to 100% of your home's value. if you need cash for your family, call newday usa. with automatic authority from the va... ...we can say “yes” when banks say “no.” give us a call. (vo) call: 1-844-383-1567. go the national guard is on the ground in los angeles after three straight days of chaos. thousands of anti-ice rioters took to the stre

exports and 10% tariffs on u.k. goods that will stay in place.f course the "big beautiful bill". trump is still pushing along with the united states senate to find a compromise on the "big beautiful bill" and selling it as a tax cut. >> president trump: it will go down as certainly one of the most important things you will ever have done, in addition to the largest tax cuts in the history of our country. it delivers major economic relief to the american workers and families. >> will: will there be big enough spending cuts to satisfy house and senate republicans? here to answer that question when we talked to senate majority leader john thune and a couple of moments here on "the will cain show". and third is inflation, the main consumer cpi inflation numbers came in lower than estimated, it was taught to appoint 5 percent, the actual numbers at 2.4%. -- 2.5. it is on pace from 3% in january, 2.4% in may, much lower despite of the hyperventilating and hyperbole about the effect of tariffs on inflation coming in lower than expectations. joining me n

and u.k. had reached a trade deal. a frame for a deal. now there are at least some conservative m.p.'s who are complaining that parliament has not seen the text of any deal. i'd like to ask you from this side of the pond is there a text for the deal ready to be released, submitted? if not, when can we expect it? and i have one more. karoline: most definitely text with this deal. there is language that this side has seen. you'll have to ask the u.k. parliament why they haven't seen it from their own government. i can't answer that question. reporter: one more on ukraine. it's been a couple days since ukraine made that audacious drone strike on russian airfields. the president hasn't said a word about it. usually he's not shy about making his thoughts known. on the war or any other subject. what have you heard from him on this audacious drone strike. is he surpriseed? he said zelenskyy didn't have the cards when they met in the oval office a few months back. does zelenskyy possibly have cards that the president hadn't known about? karoline:

the prime minister reasserted the u.k.'concerns about the iran fukudome programs and they look forward to speaking next week. but images from israel where iran is retaliating after the huge strikes from israel on iran where nuclear scientists and civilians were killed in that initial israeli strike. israel justify ing we hear because they have long feared an excess is tension risk from iran and they thought iran was days from developing nuclear weapons. there will be questions whether israel will produce that evidence to justify its actions overnight. >> well, look, in this meeting security council members look at briefs from the i arraniaea and right, we already heard from the israeli ambassador who essentially claims that iran was close to a nuclear weapon and this was a threat that they could not deal with, that they kocouldn't let stand without israel acting. but diplomats here, you go back and you had benjamin netanyahu holding up a cartoon image claiming iran was days or weeks from a weapon. so diplomats are used to h

because ai, we are learning could actually devastate the earth's population down to the size ever the u.k. the reason is they are replacing jobs that humans did with ai and we will lose our purpose, right? >> there are a bunch of theories kicking around in the tech sphere, one is about believing that the act of allowing ai to take our jobs now is in and of itself setting off devastating chain of events it. goes like this. ai takes our jobs. we stop having kids fearing that they are not going to find work. now this causes population implosion taking what is today 6 billion human beings on the planet down to what you said the size of the u.k. which is about 100 million people, by 2300. if you think that's fiction, think again. some academics think this population shrinkflation is already happening before our eyes. if you look at the stats right now out of the cdc it measures that we are now at the lowest total fertility rate since the 1930s. >> rachel: yeah. >> the date that, 1.62 births per woman is the figure now. what does it take to replace the human race in america as we age out and le