Biden Meets Zelenskyy, June Inflation, SAG-AFTRA Deadline Expires
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The president, joe biden, meets ukraine's president vladimir silly's ki at the nato summer after the alliance said ukraine .

can join eventually. So grain.

when or how might that happen?

Our Michelle l. Martin, that's a Martinez. And this is up first from N, P, R. news. After a long stretch of seeing Prices rise, our wallets may finally be getting a break.

We are not the problem. Are the federal reserve at same mission accomplish inflation .

seems to be easy. So what about those interest rates?

And tonight, major hollywood studios face a deadline before their contract with the actors union expires.

We're ready to go on strike, but we don't know if IT is going to come to that.

Well, the actors join the screen writers and go on strikes. Stay with us. We've got all the news. You need to start your day.

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President biden and the leaders of other nature countries are wrapping up their annual summer in lithuanian. Today.

I will meet with ukraine's president, volatile elenchi, a day after need to agree ukraine would be allowed to join the transatlantic military alliance eventually, but the current members didn't say when .

or exactly how mps. L orb. Sely joins us now from the summer filing center in lithuanian capital vilnius. And or ukraine will likely dominate the day. Take us through what got us here.

Yeah absolutely. Yesterday night to put out a communication and ukraine future is in the alliance. And secretary general, yes.

Stolberg said nato would be issuing an inviting for ukraine to join when allies agree and the conditions are met. And it's clearly not gonna. En, while this war is raging, ukraine wants a timeline and assurances.

Now he says it's fighting a brutal russian attack on its people in land, and ukrainians say russian president ramier putin can just keep the war going and use IT as a kind of veto for ukraine. Getting into nato analysts is actually the us. exercise.

The most cautious president biden is made IT clear. He doesn't want again into a direct conflict with russia. Of course, the allies are pledging assistance to keep ukraine fighting as long that takes by in the g. Certain leaders will outline a long term commitment that will know, help ukraine defend itself and deter future attacks. They say this will send a strong message to russia that time is not on its side.

Then you mentioned ukraine wants a timely and insurance is right now. How is president's ellsbury reacting?

Well, he arrive you yesterday here with his wife, and they were given a heroes welcome by tens of thousands of people in the park and downtown fillers as leaders met at the summer side outside the city. Let's hear what that sounds is like.

Thanks, livonia. Thank you very much.

So yeah, you hear how we thank lithuanian for its courageous supports, but he wait before arriving. That nature, failure to set up a time line was absurd. The linsley is always said that ukraine doesn't have time, so he's clearly peak.

He wants something more concrete. Nothing replaces nato membership with article five. An attack on one is an attack on all, meaning your allies will fight alongside you steals a lensky has also said grateful for nato support during this war. He's meeting with buying today. We'll see what they say when .

you think about a levana. I A used to be a soviet republic. So what's the mood like there as people watch russia wage a war on ukraine, which also was a former soviet republic.

Well, I just feels so close aid. This is nothing like the summer in madrid, where IT was held last summer. Liz wana is one of the three bolt nations that were occupied for fifty years by the soviet union.

And the idea of nig's collective defense is not some esoteric concept. It's about real protection from what they view as a clear and present danger. Russia and leaders are much more gang hoo about ukraine getting into nato very soon. Let's listen to estonian prime minister ka callus.

Ukraine is using the equipment uh that the allies are giving uh and the ambition so IT is already uh taking those boxes. So what more can we do in order to really go to the membership?

So you know, the people in the baltic states, they really consider them sells on nato front line. They see ukraine as the only buffer between them and russian forces. And the quicker the allies can do everything to help you claim defeat russia, the Better.

Mp, r elinor, bigly in lithuania. A thanks for .

checking in. Thank you.

Americans have been rustling with high inflation for more than a couple of years now.

Like many people, Alexander closer is getting tired of Prices for everything going up, everything from rent to growth. Reason gas.

it's just has been really difficult to try to raise a family and to get ahead. IT feels like two step forward and one step .

back closer in her. A family, along with the rest of us, may finally be getting a breather when the government's cost of living in report for june comes out this morning is expected to show an annual inflation rate of around three percent. That would be the lowest since the spring of twenty twenty one.

Scott horsey joins now the preview of today's report. Scott, good news to hear that inflation is coming down because high Prices have been really tough to budget for what how our folks may can do.

what people are definitely looking for ways to economize a we've heard from a lot of people who adjust to their grocery buying habits, maybe cut back on entertainment expenses. A closer told me she's turned to a second hand store to find shoes and blue jeans for her two growing children. At this summer time, though, many people are still eager for a getaway, closer who works in a medical office in her husband, who's a full time student, are spending this week at a calin in northern wisconsin, SHE says is nice to get out of their cramped department in malawi. I, but they are still watching their pennies.

We're really not doing as much going to town or doing the tourist things, were just trying to find three things to do, like walking, fishing on, trying to keep my kids entertain, but also trying to keep our budget low.

Some good news forecasters think we may see a break in some travel costs, things like affairs and hotel rooms. Even though there's a lot of demand for summer travel, airline capacity has pretty much caught up now, which is very different than we were last summer. Jet fuel Prices are also down, so that's helping as well.

We're else. We seeing a break inflation.

Gasoline Prices have certainly come down a lot from this time last year. Course, last year, gasolines hit a record high in the wake of rushes invasion of ukraine. Grocery Prices have also eased up a little bit as supply chains of Normalized.

We've talked in the past about egg Prices, which took all off and then came back to earth. We'll see what happens with rent in today's numbers. You know, we know that new leases being signed now are generally showing smaller went increases.

Then has been the case in the past. And over time, that filters end of the government's cost of living statistics. But IT doesn't happen right away.

right? I'm going to do a little if this then that if inflation is cooling off, does that mean the fed will stop raising rates?

Not just yet at the fed is still expected to raise interest rates at least once more, maybe twice, even at around three percent. Inflation still above the fed target, which is two percent. And if you strip out food, energy Prices, which bounds up and down a lot, so called core inflation is still around five percent. So there's still the ways to go. But my camera, who is a senior economic analyst at bankrate, says inflation is moving in the right direction, especially compared to the nine plus percent rate we saw this time last year.

We are not yet at the promised land where the reserve can say mission accomplish that that that two percent target has not only been met but has been sustained. But we are surely on the journey still.

fed policymakers think IT could take another couple of years to get that back down to two percent. So in other words, the last mile could be slow going. Earlier this week, the federal, a bank of new york, released the survey that shows people are feeling little Better about inflation in the short run, but they also think inflation still gonna up around three percent five years from now. So inflation might be a less urgent problem that I used to be, but it's being seen as kind of chronic for a while.

M, P, R, scotorum.

you welcome.

Right just before midnight tonight in law and lost the contract between hollywood studios and the film and T V actors union sag after I will expire.

that means the actors could go on strike. Joining screenwriters who walked off the job in may .

on delete the bottle has been reporting on hollywood labor news model. Ted seems like we were just here a couple of weeks ago.

Yeah, it's right. The two sides agreed to an extension backbone and now coming down to the wire, the union has agreed with the studios represented by the alliance of motion picture and television producers to call in federal mediators.

federal mediators. So what have been the a main sticking points of the negotiations?

You know, both sides have a media blackout, but we understand there's still very far apart and at least two key issues, that is residuals and A I actors want to get paid more residuals from the streaming platforms, especially if their movies or series our hits. They want to tie their compensation to the number of views. And there still may be disagreement over the use of artificial intelligence on work done by actors.

They want to control where their lights, snow are used. They don't want to be replaced by a computer generated images. These are very similar issues to what the writers go to. AmErica has been fighting over in their strike. And, you know, I should note that many of us hear IT in pr are members of sag after, but broadcast journalists have a very different contract than the .

hollywood actors uni drive around all the time. Um we see people you know all around the studio on strikes. So what's been the mood like in los Angeles? Because it's hard not to think about the story live in here.

That's right. You see that the picket lines all over the place, and there's a lot of nervousness and in some excitement now over how this could go. This could be the first time hollywood actors and writers walk off the job together.

Since one thousand nine sixty, uh, ninety eight percent of sag, after members already voted to authorize a strike if their demands aren't meant. And a lot of big named actors, including moral streep and friend treasure, the president of the union, signed a letter urging negotiators not to cave into the studios. Yeah, I was outside amazon studios yesterday and I found jella web. SHE is an actor you may have seen on family reunion on netflix or reboot on hou. Well, like a lot of actors, she's been picketing in solidarity with the writers.

We're ready to go on strike, but we don't know if IT is gonna come to that. I know sometimes hollywood and an entertainment, and I can feel like we're in our our own bubble, but this is opportunity to really get the message out to people who are like, are my shoes coming on in the fall? no.

And this is why ultimately be the goal is right to get a great contract. That's what we want. And if that comes to that, me, my friend.

already ready in web, says she's prepping to be a strike captain. But already the writer strike is closed down. Almost all production shows and films are delayed. So the union actors haven't been working anyway, and the writer say they're still waiting for the to return to their negotiations too.

So okay, if they do strike, what happens first?

Well, we might see a lot of movie and TV stars on the picket lines, but union actors won't be able to promote their shows or movies that are in the ema war dominations are coming up today. And the actors won't be able to do press for that. They won't be able to show up but next weeks comicon on to promote their projects.

They won't be interviewed to a photographed on the red carpet ah there are reports of sag after met with one hundred and forty hollywood publicity week to advise them about what the actors will and won't be allowed to do. These folks are reportedly very nervous about the possible strike. Panic is the word i've ve seen um the whole hollywood machine is .

really on penetang today.

Thank you.

And that's a first for wednesday. You like twelve .

tinea and a Michelle Martin up first is produced by I shall be hackers and k. Cline, our editors are a living in hampton and Alice woods ly, our technical director. Is that common with engineering support from Arthur? And start your day here with us tomorrow.

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