Recession fears dampen, ‘Diddy’ trial witnesses, refugee status controversy & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 12 May 2025
⏱️ 6 minutes
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| 0:00.0 | From CNN, I'm a phoma dk, with the five things you need to know for Monday, May 12th. |
| 0:07.0 | The United States' trade breakthrough with China may help the nation avoid a self-inflicted recession. |
| 0:14.0 | Starting Wednesday for 90 days, America's tariffs on Chinese goods would be reduced to 30%, while China's levies on American imports are cut down to 10%. |
| 0:24.6 | Here's CNN's Matt Egan. |
| 0:25.6 | I talked to Moody's economist Mark Zandi, and he told me that before this agreement, he thought there was about a 60% chance of a recession in the United States this year. |
| 0:36.6 | He now sees a 45% chance. |
| 0:39.3 | Justin Wolfers also says it's about a coin flip, about 50, 50. |
| 0:42.3 | So yes, recession odds are coming down, but not nearly as low as you might think if you were just looking at the stock market. |
| 0:50.3 | The first day of Sean Dutty Combs' federal criminal trial wrapped up after prosecutors called |
| 0:55.9 | two witnesses. Prosecutors have shown the jury footage from a hotel in 2016, where Combs |
| 1:02.3 | was recorded attacking his then-girlfriend Cassie Ventura, a key witness in the trial. |
| 1:08.0 | L.A. police officer Israel Flores was at the Intercontinental Hotel at the time, |
| 1:12.8 | working security, and testified that he responded to a woman in distress and found Combs |
| 1:18.2 | with a, quote, devilish stare and Ventura with a purple eye. |
| 1:23.1 | He said Combs offered him cash, which he interpreted as a bribe. |
| 1:27.2 | Flores declined the money. |
| 1:29.3 | When Flores was cross-examined by the defense about why he didn't know Combs' facial expressions |
| 1:34.3 | in the incident report, he wrote at the time he said he felt it wasn't relevant. |
| 1:38.3 | Here's defense attorney Misty Miris on the importance of this incident and the footage to the case. |
| 1:48.9 | It's part of this bigger narrative, and this is where the defense is really focused. |
| 1:56.1 | Is this an altercation between a couple, which they had to concede bad behavior on Combs's part? Is this an altercation between a couple who has a tumultuous 10-year relationship? |
| 2:01.2 | Or is this part of a freakoff? |
... |
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