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WSJ What’s News

Biden Remains Defiant Amid Democratic Party Fears

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 12 July 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for July 12th. NATO vows to give Ukraine full membership to the alliance, but as WSJ senior political correspondent Molly Ball reports, all eyes were on President Biden’s performance. Plus, the Journal’s Ben Dummett says economists in a WSJ poll believe inflation would be worse under Trump than Biden. And Journal Heard on the Street editor Stephen Wilmot explains why China is pulling ahead in the quest for fully autonomous cars. Kate Bullivant hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:19.0

President Biden aims to quell Democratic dissent at a NATO press conference.

0:27.0

Ultimately I do not think the president achieved his is not going to bring his candidacy back to life.

0:43.0

Plus, why politics may be a factor in the Fed's decision on whether to cut interest rates,

0:50.0

and how China is driving ahead in the quest for fully autonomous vehicles.

0:55.0

It's Friday June 12th, I'm Cape Bullavant for the Wall Street Journal filling in for Luke Vargas

1:01.0

and here is the A.m. edition of What's News, the top headlines and business stories

1:06.0

moving your world today. NATO Summit wrapped up in Washington last night, with members declaring that Ukraine is on an irreversible

1:21.4

path towards joining the alliance whilst pledging increased military support.

1:27.1

The announcement offers Kyiv a strong gesture of Western support, however membership could depend on who is sitting in the White House next year

1:36.0

and if NATO can sort out differences within the alliance over the urgency of admitting Ukraine.

1:42.4

In vowing to let in Ukraine someday, NATO didn't set

1:46.2

talks with Kyiv on its eventual admissions or outline a schedule for when they might start.

1:52.1

Ukrainian President Volodermere-Ezolensky on Thursday

1:55.0

thanked NATO for its pledge and said he was looking beyond semantics.

2:00.0

Marking the end of the NATO summit, President Biden spoke for nearly an hour at a

2:06.3

high stakes news conference in which both critics and supporters of the president

2:11.8

were watching closely as he tries to slow the stream of

2:15.3

democratic defections.

...

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