An upgrade is due for the U-S nuclear missile defense system

( ) -q-18- UNDATED (Correspondent Jeremy House) “performed by hand.”

The U.S. will spend more than $750 billion over the next decade to overhaul nearly every part of its nuclear defenses.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: That includes replacing systems that in some cases are more than 50 years old. Until each of those programs is ready, it’s up to young military troops and government technicians across the U.S. to care for the existing bombs. That will often be done through delicate maintenance performed by hand.

UK inflation falls unexpectedly, though rates still set to rise

Inflation in Britain has fallen unexpectedly to its lowest level since Russia invaded Ukraine. Britain’s Office for National Statistics says inflation was 6.7% in August, down from 6.8% in July. It raised hopes that the Bank of England’s widely expected interest rate increase on Thursday will be its last — for now. The decline took inflation to its lowest level since February 2022, when Russia’s invasion of Ukraine led to soaring energy and food prices.

British PM Sunak waters down some climate goals

Prime Minister Rishi Sunak is preparing to water down some of Britain’s environmental commitments. Sunak says the country must fight climate change without penalizing workers and consumers. He adds he’ll set out a “proportionate” approach to the environment in a speech this week. The BBC has reported that Sunak is considering extending deadlines for bans on new gasoline and diesel cars along with new natural-gas home heating.

Hong Kong looks to crackdown on cryptocurrency abuse

( ) -q-25- UNDATED (Correspondent Jeremy House) “in the city.”

Hong Kong’s leader has said the territory will tighten regulation of digital assets.

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Out-cue: in the city]

TAG: Correspondent Jeremy House reporting. The Securities and Futures Commission said it had received more than 1,400 complaints against JPEX involving more than 1 billion Hong Kong dollars (about $128 million) in losses. JPEX suspended trading on its platform on Monday and blamed a third-party market maker for freezing its funds. It complained of unfair treatment by the authorities.

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VERBATIM: The announcement comes after Hong Kong police arrested six people following allegations of fraud at an unlicensed cryptocurrency exchange in the city. The arrests followed an announcement by Hong Kong’s securities watchdog last week that the exchange, JPEX, was unlicensed. The watchdog adds JPEX did not have authority to operate its cryptocurrency trading platform in the city.

Unions concerned after remote-controlled train death

( ) -q-17- UNDATED (Correspondent Jeremy House) “investigating Anderson’s death.”

Railroad unions are calling for a review following the death of a worker who died over the weekend after he was struck by a remote-controlled train in a CSX railyard in Ohio.

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Time: 17s
Title: TRAIN-RAIL-WORKER-house-q-TUEam
Out-cue: investigating Anderson’s death]

TAG: Correspondent Jeremy House reporting. The president of the Transportation Communications Union says regulators need to ensure that remote-control technology is making workers safer and not just “replacing people to continue lining the pockets of Wall Street.”

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VERBATIM: The unions that represented carman Fred Anderson said his death highlights the need for an in-depth review of the use of remote-controlled locomotives. Every major railroad has used them for years. The National Transportation Safety Board is investigating Anderson’s death.

Foreign firms in China say vague rules and tensions with U.S. hurting business

( ) -q-30- UNDATED (Correspondent Jeremy House) “destination for investment.”

Foreign companies operating in China say tensions with Washington over technology, trade and other issues and uncertainty over Chinese policies are damaging the business environment.

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Out-cue: destination for investment]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: The companies say those tensions are also causing some to reassess their plans for investing in the giant market. The results of surveys by the American Chamber of Commerce in Shanghai and by the European Union Chamber of Commerce in China largely concurred in appealing for greater certainty and clarity over China’s stance toward foreign businesses. Shanghai AmCham’s survey showed a continued downgrading of China’s importance as an overseas destination for investment.

Caught in a lie, CEO of embattled firm caring for NYC migrants resigns

( ) -q-20- UNDATED (Correspondent Jeremy House) “was a fabrication.”

The chief executive officer of a firm hired by New York City to house and care for hundreds of migrants has resigned abruptly.

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Time: 20s
Title: NYC-CEO-RESIGNS-house-q-MONam
Out-cue: was a fabrication]

TAG: Correspondent Jeremy House reporting. The development comes as DocGo comes under continued scrutiny over its $432 million no-bid contract with the city.

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VERBATIM: Anthony Capone cited “personal reasons” for leaving his post as chief executive officer of DocGo. But the resignation comes the same day as the Albany Times Union reported he had lied about his educational record. Capone had said he had a graduate degree in artificial intelligence but later admitted that was a fabrication.

Chinese police detain wealth management staff at developer Evergrande

( ) -v-34- UNDATED (Correspondent Jeremy House) “std.”

Police in a southern Chinese city say they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer. Correspondent Jeremy House has more on the story.

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VERBATIM: Evergrande is the world’s most heavily indebted real estate developer, at the center of a property market crisis that is dragging on China’s economic growth. A statement by the Shenzhen police said authorities “took criminal coercive measures against suspects including Du and others in the financial wealth management company under Evergrande Group.” It’s unclear who Du is. Evergrande is undergoing a restructuring plan, including offloading assets, to avoid defaulting on $340 billion in debt.

The future of electrical aircraft is coming soon to Ohio.

( ) -q-29- UNDATED (Correspondent Jeremy House) “some two-thousand jobs.”

The same Ohio river valley where the Wright brothers pioneered human flight will soon manufacture cutting-edge electric vertical takeoff and landing aircraft.

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Time: 29s
Title: OHIO-ELECTRIC-AIRCRAFT-house-q-MONam
Out-cue: some two-thousand jobs]

TAG: Correspondent Jeremy House reporting. The project is supported by about $325 million in the state of Ohio, JobsOhio and local investment.

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VERBATIM: An agreement between the state and Joby Aviation will bring air taxi production to a 140-acre site at Dayton International Airport by 2025. Futuristic eVTOL (ee VEE tall) aircraft are making their way toward market around the world as a ridesharing alternative in crowded cities. California-based Joby’s Ohio facility would produce up to 500 of the quiet aircraft a year, creating some 2,000 jobs.

The Federal Reserve is set to decide whether to raise the cost of borrowing again, or to leave well enough alon

The Federal Reserve is set to decide whether to raise the cost of borrowing again, or to leave well enough alon

VERBATIM:

Chairman Jerome Powell will announce the Fed’s decision on interest rates on Wednesday, at the close of the central bank’s latest two-day policy meeting. The widely-held consensus among traders and analysts is that rates will stay where they’re at for now. There’s concern that raising rates too high too fast could tip the economy into recession. While Citibank economists do NOT expect a rate hike this time, they predict a quarter point increase in November. Rich Thomason reporting.

Some top Republican presidential candidates spoke to a gathering of influential evangelical Christians in the Hawkeye State yesterday

Some top Republican presidential candidates spoke to a gathering of influential evangelical Christians in the Hawkeye State yesterday

VERBATIM:

The Faith and Freedom Coalition held it’s annual banquet and town hall in Des Moines, Iowa Saturday.

Chief political rivals of Former President Trump spoke to the group of more than a thousand people.

Former Vice President Mike Pence attended the gathering along with fellow candidates Florida Governor Ron DeSantis and entrepreneur Vivek Ramaswamy.

Former U-N Ambassador Nikki Haley and South Carolina Senator Tim Scott spoke there as well.

More than 700 million people worldwide face food insecurity

( ) -v-33- UNDATED (Correspondent Jeremy House) “std.”

The head of the United Nations food agency says a global hunger crisis has left more than 700 million people not knowing when or if they will eat again. Correspondent Jeremy House has more on the story.

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VERBATIM: The agency also says demand for food is rising relentlessly while humanitarian funding is drying up. World Food Program Executive Director Cindy McCain told the U.N. Security Council that because of the lack of funding, the agency has been forced to cut food rations for millions of people, and “more cuts are on the way.” She said a series of concurrent and long-term crises “will continue to fuel global humanitarian needs” and the humanitarian community will “be dealing with the fallout for years to come.”..JH reporting.

Britain, France and Germany to keep their nuclear, missiles sanctions on Iran

( ) -q-21- UNDATED (Correspondent Jeremy House) “with the accord.”

Britain, France and Germany have announced that they will keep their sanctions on Iran related to the Mideast country’s atomic program and its development of ballistic missiles.

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Time: 21s
Title: IRAN-SANCTIONS-house-q-FRIam
Out-cue: with the accord]

TAG: Correspondent Jeremy House reporting. Iran has violated the sanctions by developing and testing ballistic missiles and sending drones to Russia for its war on Ukraine.

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VERBATIM: The measures were to expire in October under a timetable spelled out in the now defunct nuclear deal between Tehran and world powers. The three European allies known as E3 had helped negotiate the nuclear deal. The countries now say they’ll retain their sanctions in a “direct response to Iran’s consistent and severe non-compliance” with the accord.

New US sanctions target workarounds that let Russia get Western tech for war

( ) -q-24- UNDATED (Correspondent Jeremy House) “its war effort.”

The United States is sanctioning more than 150 businesses and individuals.

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Time: 24s
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Out-cue: its war effort]

TAG: Correspondent Jeremy House reporting. The package also aims to hobble the development of Russia’s energy sector and future sources of cash, including Arctic natural gas projects, as well as mining and factories producing and repairing Russian weapons.

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VERBATIM: The State and Treasury Departments are trying to crack down on evasion and deny Russia access to technology, money and financial channels that fuel Moscow’s war in Ukraine. The latest sanctions package is one of the biggest imposed by the two departments. It targets countries, notably Turkey, that sell Western technology to Russia that could be used to bolster its war effort.

Applications for US jobless benefits tick up slightly

The number of Americans applying for unemployment benefits ticked up modestly last week. The Labor Department says U.S. applications for jobless claims rose by 3,000 to 220,000 for the week ending September ninth. The four-week moving average of claims, a less volatile measure, fell by 5,000 to 224,500. Overall, 1.69 million people were collecting unemployment benefits the week that ended September second, about 4,000 more than the previous week.

China says EU probe into Chinese EV exports, subsidies is protectionist

( ) -q-22- UNDATED (Correspondent Jeremy House) “gain an edge.”

China’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles.

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Time: 22s
Title: CHINA-EU-house-q-THUam
Out-cue: gain an edge]

TAG: Correspondent Jeremy House reporting. Automakers like BYD and Geely have quickly gained market share after launching sales of EVs to Japan and Europe.

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VERBATIM: The ministry says the E-U’s decision is a protectionist action aimed at distorting the supply chain. The EU says it will probe government subsidies provided to Chinese automakers that the union contends keep EV prices artificially low. China has become the biggest market for electric vehicles after investing billions in subsidies to gain an edge.

A controversy in the Garden State over two offshore wind power projects

( ) -q-28- UNDATED (Correspondent Jeremy House) “their political allies.”

Two major offshore wind power projects are taking steps forward in New Jersey.

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Time: 28s
Title: NEW-JERSEY-WIND-POWER-house-q-THUam
Out-cue: their political allies]

TAG: Correspondent Jeremy House reporting. New Jersey’s Democratic-controlled Legislature supports offshore wind and Gov. Phil Murphy’s drive to make the state the center of the industry on the U.S. East Coast.

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VERBATIM: The owners of one, Community Offshore Wind, are bringing the federal government in on their environmental monitoring plans at an earlier stage than has ever been done. And federal regulators have determined that plans for Orsted’s wind farm off Ocean City are not expected to kill or seriously injure marine life. They come as New Jersey continues to grow as a hub of opposition to offshore wind projects from residents’ groups and their political allies.

Biden rules on clean cars face crucial test as GOP-led challenges go to appeals court

( ) -q-26- UNDATED (Correspondent Jeremy House) “against climate change.”

Efforts by the Biden administration to limit tailpipe pollution from automobiles face a crucial test.

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Time: 26s
Title: BIDEN-CLEAN-CARS-house-q-THUam
Out-cue: against climate change]

TAG: Correspondent Jeremy House reporting. The cases could go to the Supreme Court.

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VERBATIM: Legal challenges brought by Republican-led states are heading to a federal appeals court. The U.S. Court of Appeals for the District of Columbia is hearing arguments on three cases challenging Biden administration rules targeting cars and trucks. Republicans say the lawsuits are needed to curtail government overreach, while environmental groups and the Biden administration say an adverse ruling could jeopardize U.S. action against climate change.

Ukraine claims to recapture Black Sea oil platforms seized during Crimea’s annexation

( ) -q-20- UNDATED (Correspondent Jeremy House) “taking back Crimea.”

The Ukrainian military says it recaptured strategic gas and oil drilling platforms from Russia in the Black Sea.

[CutID: <Cuts> UKRAINE-OIL-PLATFORMS-house-q-TUEam.mp3
Time: 20s
Title: UKRAINE-OIL-PLATFORMS-house-q-TUEam
Out-cue: taking back Crimea]

TAG: Correspondent Jeremy House reporting. The deputy defense minister said Ukrainian forces also liberated part of a Donetsk province town and advanced on two other towns south of Bakhmut.

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VERBATIM: The military says was also making gains in occupied areas near Bakhmut. That’s a city in eastern Ukraine that was left in ruins after the war’s longest and deadliest fighting. Ukraine says the recapture of the Boyko Towers platforms that Russia seized in 2015 provides a foothold toward taking back Crimea.

US approves updated COVID vaccines to rev up protection this fall

( ) -q-15- UNDATED (Correspondent Jeremy House) “the same time.”

U.S. regulators have approved updated COVID-19 vaccines from Pfizer and Moderna, shots aimed at revving up protection this fall and winter.

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Out-cue: the same time]

TAG: Correspondent Jeremy House reporting. The Centers for Disease Control and Prevention must sign off. Its advisers meet Tuesday to recommend how to best use this round of vaccinations.

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VERBATIM: The Food and Drug Administration’s decision is part of a shift to treat fall COVID-19 vaccine updates much like getting a yearly flu shot. The shots could begin later this week. Both the COVID-19 and flu shot can be given at the same time.

US sets record for billion-dollar weather disasters in a year

( ) -q-18- UNDATED (Correspondent Jeremy House) “set in 2020.”

The deadly firestorm in Hawaii and Hurricane Idalia’s watery storm surge helped push the United States to an annual record for the number of weather disasters that cost at least $1 billion.

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Time: 18s
Title: WEATHER-DISASTERS-house-q-TUEam
Out-cue: set in 2020]

TAG: Correspondent Jeremy House reporting. So far disasters this year have cost more than $57.6 billion and claimed at least 253 lives.

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VERBATIM: Meanwhile, there’s still four months to go on what’s looking more like a calendar of calamities. The National Oceanic and Atmospheric Administration says there have been 23 weather extreme events in America that cost at least $1 billion this year through August. That breaks the annual record of 22 set in 2020.

Federal railroad inspectors find alarming number of defects on Union Pacific

( ) -q-26- UNDATED (Correspondent Jeremy House) “address its concerns.”

Federal inspectors found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world’s largest railyard in western Nebraska this summer.

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Time: 26s
Title: UNION-PACIFIC-DEFECTS-house-q-MONam
Out-cue: address its concerns]

TAG: Correspondent Jeremy House reporting. Railroad safety has been a key concern nationwide this year ever since a fiery Norfolk Southern derailment in Ohio in February.

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VERBATIM: The inspectors also found that the railroad was reluctant to fix the problems. Federal Railroad Administrator Amit Bose wrote a letter to UP’s top three executives expressing his concern that the defects represent a “significant risk to rail safety on the Union Pacific railroad.” A spokeswoman for the railroad defended Union Pacific’s commitment to safety and pledged to work with the federal agency to address its concerns.

BMW to build new electric Mini in England

( ) -q-22- UNDATED (Correspondent Jeremy House) “94-million dollars.”

German automaker BMW is announcing plans to build the next generation electric Mini in Britain.

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Time: 22s
Title: BMW-UK-EV-house-q-MONam
Out-cue: 94-million dollars]

TAG: Correspondent Jeremy House reporting.

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VERBATIM: The announcement comes after the German automaker secured U.K. government support for a multimillion-pound investment in the company’s Oxford factory. The government confirmed its backing for the project, which will protect 4,000 jobs. The Department for Business and Trade didn’t specify the level of taxpayer support, but British media put the figure 94-million dollars.

Europe’s economic outlook worsens as high prices persist

( ) -q-19- UNDATED (Correspondent Jeremy House) “for 1.1% growth.”

Europe’s economic outlook just took a turn for the worse.

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Time: 19s
Title: EUROPE-ECONOMY-house-q-MONam
Out-cue: for 1.1% growth]

TAG: Correspondent Jeremy House reporting. Despite fears of recession, it’s more stagnation because unemployment is low. The weaker outlook could affect what the European Central Bank does on interest rates this week. Some economists think the ECB might avoid another rate increase after nine straight hikes.

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VERBATIM: The European Union’s executive commission has cut its forecast because high inflation is still discouraging consumers from spending money. The European Commission now expects economic growth of 0.8% this year for the 20 countries that use the euro currency. The old forecast was for 1.1% growth.