Return to Transcripts main page
Connect the World
Trump & Netanyahu to Discuss Gaza Ceasefire Plan; Democrats Demand Extension of Health Subsidies; Moldova Voters Stay on Pro-European Path; U.S. Government to Shut Down if no Deal by Midnight Tuesday; Europe Hold Off USA Comeback to Win Ryder Cup. Aired 9-10a ET
Aired September 29, 2025 - 09:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
[09:00:00]
(COMMERCIAL BREAK)
BECKY ANDERSON, CNN HOST, CONNECT THE WORLD: Well U.S. President Trump promises something special is coming on Gaza, but is the Israeli Prime
Minister on board? Well, the two will meet in the coming hours. It is 09:00 a.m. in Washington. It's 05:00 p.m. here in Abu Dhabi. I'm Becky Anderson.
You're watching "Connect the World" from our Middle East programming headquarters. Also coming up, four people dead and several missing after a
deadly shooting and fire at a church in Michigan. Deadlock in Washington over how to keep us government funded beyond tomorrow and Moldova's ruling
pro Europe party wins an election marred by claims of Russian meddling.
The stock market in New York opens about 30 minutes from now. U.S. stock futures are slightly higher, indicating a higher open as investors mull
whether or not there will be a U.S. government shutdown. More on that at 09:30 a.m. Eastern Time. Well in the coming hours, the U.S. President will
welcome Israeli Prime Minister Benjamin Netanyahu to the White House.
Mr. Trump promising that something special is coming when the pair sit down to discuss his 21-point plan to end the war in Gaza. Here's what we know
about the plan, according to a number of our sources. It calls for all hostages held by Hamas to be released within 48 hours of the agreement.
It provides a framework for how Gaza can be governed without Hamas, and for Israel's gradual withdrawal from the enclave. The plan also recognizes
aspirations of a Palestinian state, though it falls short of committing U.S. support for the creation of one. I'm joined by CNN's Jeremy Diamond in
Jerusalem.
Kevin Liptak is at the White House view. Let's start with you, Jeremy. Donald Trump insists we are on the brink of an end to the war, and that
quote all are on board his words in a post on Truth Social over the weekend. It's certainly not clear, as we speak, whether Trump's plan has
been agreed to by the Israeli Prime Minister. Explain, if you will.
JEREMY DIAMOND, CNN JERUSALEM CORRESPONDENT: Yeah, that's exactly right. I mean, we know that there have been a series of meetings over the course of
the last few days, while the Israeli Prime Minister has been in New York attending the United Nations General Assembly, meeting subsequently with
senior White House officials as recently as yesterday.
All in preparation for this meeting between the Israeli Prime Minister and President Trump, in which it seems that the United States is trying to get
Israel on board with this new 21-point plan that would not only lay out how the war in Gaza could end all of the hostages be brought home, but also
looking forward to what post war governance of Gaza actually looks like.
And there's no question that there's already been some wrangling over some of the specific provisions inside of this. And we can already start to see
the kind of political lines that are being drawn here in Israel about this plan, and what would happen should the Israeli Prime Minister choose to
support or oppose it.
The Israeli Prime Minister's right-wing allies in government, such as Bezalel Smotrich already beginning to lay out their red lines for this
proposal, and it includes several items that are in this proposal. For example, Smotrich has said that this proposal can have no mention of any
kind of aspirations for Palestinian statehood.
He is also making clear that he wants to see the full and complete demilitarization of Gaza. And he also has several demands about where
Israeli troops would need to be deployed to in the event of a partial or complete withdrawal of Israeli forces from the Gaza Strip.
And so indeed, this is kind of the choice that the Israeli Prime Minister is going to have to confront yet again, is whether he will be listening
more to the Americans and going on board with what they are clearly pushing him to sign on to, or whether he will, once again, as he has in the past,
take his own political considerations into account here, and perhaps put those ultimately above what the United States is pushing him for.
And I think ultimately it will come down to how strongly President Trump is actually going to pressure the Israeli Prime Minister to accept this
American plan, which already has the backing of some Arab countries as well. In the past, we've seen that so much hope has been placed in
President Trump's lap, in terms of the hope that he would bring that sufficient pressure to bear to get the Israeli Prime Minister on board with
a plan to end the war in Gaza.
But ultimately, that pressure has fallen short of what is required it would seem to get the Israeli Prime Minister to move forward.
[09:05:00]
But it is important to note that even as we are focusing today on this meeting between the Israeli Prime Minister and President Trump, there is
also Hamas that is not part of the equation today, but will need to be part of the equation for any of this to become a reality. And we heard just
yesterday from a Hamas, a member of Hamas' political bureau, speaking to Al Jazeera, who was saying that Hamas has yet to actually receive this full
proposal.
As of yet, they've only seen reports of it in the media, and so we've seen this movie before, where the United States and Israel try and get to an
agreement, and then try and bring enormous pressure to bear on Hamas to accept what they have already agreed to. But of course, Hamas is the other
party in these negotiations.
And they are the ones who will decide whether or whether or not to release the 48 Israeli hostages being held, including in the 48 hours of this
agreement. The first 48 hours as this agreement calls for. So important to keep in mind that even if Israel gets on board with this plan, there is
still the wrangling that will need to take place to see whether Hamas can also get on board, and that will likely take some time, Becky.
ANDERSON: Yeah, important point. Jeremy, thank you. Kevin, let me bring you in here at the White House. What are you hearing from your sources there
ahead of this meeting?
KEVIN LIPTAK, CNN SENIOR WHITE HOUSE REPORTER: Well, certainly the optimism is extraordinarily high. You know, this is Netanyahu's fourth visit to the
White House since President Trump returned to office. Each of those times, there had been some expectation that they would agree to some kind of deal,
and it all sort of collapsed.
This time does feel different. They do seem more bullish than they have ever been at some sort of agreement, and the fact that they have put a
press conference on the schedule for today gives you a sense that they do expect to have something to announce. Now that's from the White House
perspective and from President Trump's perspective.
And he has been sort of out all weekend telling reporters that he does expect this to cross the finish line, that he does expect Prime Minister
Netanyahu to get on board that, in and of itself, does appear to be a pressure tactic to kind of front run, the Israelis, to say that we have
this deal in hand and that they had better agree to it.
Now we just heard in the last few minutes from Karoline Leavitt, who's the White House Press Secretary, saying that quote, she expects both sides to
agree, and when she's speaking of this 21 point deal, saying that it's as good of a plan as both sides will see, saying that both sides will have to
come away from this a little bit dissatisfied, essentially saying that this is as good as it's going to get, both for the Israelis and for Hamas.
And there is an impression among White House aides that this could potentially be sort of a final breaking point for President Trump, if
Netanyahu doesn't come along. You know, exasperation has been building steadily for the last several months here at the White House towards
Netanyahu.
There's the impression that he's sort of bombing countries in the region, that he's resisting efforts to bring the war to an end. So far, you haven't
seen a distinct break from President Trump. But the view among White House officials is that if he doesn't come on board with this plan, that this
could be that moment.
We did hear yesterday from the Vice President J.D. Vance, speaking a little bit of the dynamics. Listen to what he said.
(BEGIN VIDEO CLIP)
J.D. VANCE, U.S. VICE PRESIDENT: The president has been very clear. He actually wants Gaza to be controlled by the people who live there. He wants
the West Bank to be controlled by the people who live there, and he wants the terrorist networks that are around the Israelis to be dismantled so
they can no longer pose a threat to Israel, especially the innocent civilians who live in Israel.
It's never easy, as we've learned in the Middle East over many years. This stuff comes in fits and starts, and it can take very weird turns, but I
think the president has gotten us to a point where we're at the one-yard line, and all of us are very hopeful we can sort of punch through the end
zone and accomplish a major, major thing for peace in the region.
(END VIDEO CLIP)
LIPTAK: So, you hear him there acknowledging that this could potentially fall apart, even as he's optimistic. I think the question that a lot of
people have, and we don't necessarily have an answer to, is, what points of leverage President Trump plans to apply in order to bring this across the
finish line?
Is it just sort of his rhetorical approach to Netanyahu, or is he willing to pull any of the other levers that so far? He's been unwilling to use to
try and get Netanyahu on board, Becky.
ANDERSON: Yeah, to both of you, thank you. And once again, we expect that meeting in the next couple of hours more, of course, as we get it. Well, in
Michigan, a source says up to seven people are possibly still unaccounted for after a deadly attack on a church there on Sunday, at least four people
are confirmed dead and eight others are injured.
Police say a 40-year-old man rammed his truck into the entrance and started shooting with an assault rifle before setting the church on fire. He was
killed in a shootout with police. The search for more victims is underway.
[09:10:00]
The FBI leading the investigation describing the act as an act, the attacks as an act of targeted violence. CNN's Leigh Waldman joins us now from Grand
Blanc. And at this point, what more can you tell us about the investigation and the suspects motively?
LEIGH WALDMAN, CNN CORRESPONDENT: Becky, it's good to be with you. We actually just saw the Sheriff of Genesee County, leaving where the church
is. It's down the road from where we are. He was leaving, and people were shouting questions. In the update, he said, we're close.
They asked if they found any more victims in their ongoing recovery efforts at that church. We know the chapel completely destroyed by that fire. He
said he can't answer that yet. We know that there's going to be another press conference at some point this morning, so we're hoping to hear more.
But the FBI is leading this investigation and what they're calling an act of targeted violence here. We know that they began searching at the
suspected gunman's home yesterday. They're obtaining search warrants to look through his digital footprint to hope to shed any kind of light on a
motive into this attack.
What we know about him at this point is he is a marine veteran who served between 2004 and 2008 and served in Iraq. According to his social media, he
was an avid outdoorsman, but we don't know at this point any insight into the possible motive ahead of this attack. What we do know is four people
have lost their lives, unfortunately, Becky.
Two of those from gunshots. They updated us and said there was two more victims found after they continued to search through that burnt down chapel
just up the road from where we are. The chapel, like I mentioned, completely destroyed, but they're working tirelessly to try and uncover
more of those victims. Take a listen to what the police had to say there.
(BEGIN VIDEO CLIP)
LT. KIM VETTER, MICHIGAN STATE POLICE: Investigators are tirelessly combing through evidence under difficult circumstances and working to identify each
victim as quickly and accurately as possible.
(END VIDEO CLIP)
WALDMAN: And what we also know is there's eight others who have been injured in the gunfire that erupted once that suspect drove through the
front doors of that church before he used an accelerant and set that church on fire. We also spoke with a local area church as well.
They were treating at least five people for smoke inhalation who came from that church as well. Our thoughts are obviously with everyone who is
injured and who lost their lives in this tragedy here.
ANDERSON: Yeah, and a reminder that a source says up to seven people are possibly still unaccounted for after that deadly attack on a church on
Sunday. Leigh Waldman, thank you. Well, to North Carolina now, where a marine veteran is in custody after officials say he opened fire at a
waterfront bar, killing three people, at least eight others were injured in what was Saturday's incident in the small town of Southport.
Officials say the suspect pulled up to the bar by boat and opened fire. Police say he's an ex-marine sergeant and Purple Heart recipient. They say
the shooting appeared to be highly premeditated. A motive is not yet clear. Well, happening today, a last-ditch effort to avoid a looming U.S.
government shutdown.
President Donald Trump is set to meet with top congressional leaders at the White House. Later, they've got less than two days to hand out a deal
before funding runs out, but Republican leaders still need critical votes from Democrats to sign any funding bill into law.
At the moment, neither side appears to be backing down. CNN's Arlette Saenz covering the latest for us from Capitol Hill. And Democrats have a sticking
point in exchange for any support of this funding bill. So just explain, firstly, if you will, what that is, Arlette.
ARLETTE SAENZ, CNN WHITE HOUSE CORRESPONDENT: Well Becky, Democrats are demanding major changes when it comes to health care if Republicans want to
get them on board with a plan to avert a government shutdown. What Democrats have outlined is they want to see an extension of Obamacare
subsidies that are set to expire at the end of the year.
They're also asking for changes made to the Medicaid cuts that Republicans have implemented over the summer in President Trump's domestic policy
agenda bill. And they also want to prevent future attempts by President Trump to claw back already approved funding by Congress.
But so far as Democrats are making these demands, Republicans have not budged. They don't believe there is anything to negotiate on. They think
that Democrats need to pass a stop gap funding bill to fund the government through November 21st. Here were the two leaders, Republican and Democrat
in the House over the weekend.
(BEGIN VIDEO CLIP)
REP. HAKEEM JEFFRIES (D-NY): Cancel the cuts, lower the costs, save health care so we can address the issues that really matter to the American
people.
[09:15:00]
REP. MIKE JOHNSON (R-LA): The Obamacare subsidies is a policy debate that has to be determined by the end of the year, December 31, the December 30
if not right now, while we're simply trying to keep the government open.
(END VIDEO CLIP)
SAENZ: Now, Senate Majority Leader John Thune will need seven Democrats to help pass this stopgap funding bill, but so far, only one has indicated
that they would vote for that. That is Senator John Fetterman, who had also voted for a government funding bill back in March, complicating further the
matters is the fact that House Speaker Mike Johnson has many of his Republican lawmakers staying back home in their districts this week.
Democrats will be here at the Capitol, but the decision by Johnson to keep lawmakers back home is an attempt to try to jam the Senate with the stop
gap funding bill that had already passed the House. Leaders on both sides are in both the House and Senate are hoping that ultimately, Senate
Minority Leader Chuck Schumer will cave like he did back in March.
But right now, both of these camps are firm in their position. So, there's a lot of questions about whether this meeting at the White House with
President Trump will actually conclude in a breakthrough, or if it will simply harden people in their corners when it comes to their approach.
ANDERSON: Arlette, always good to have you. Thank you. And more on that as we get it, of course, that deadline, midnight, tomorrow night. Still to
come, Ukraine's President warns Russia is testing just how far it can go with its recent violations of European airspace.
Plus, why pro-Russian political leaders are refusing to accept election results just in from the Republic of Moldova. The significance of that is
coming up.
(COMMERCIAL BREAK)
ANDERSON: Well Ukrainian President Volodymyr Zelenskyy has warned that Russia is, quote, testing how far it can go with its incursions into NATO
airspace earlier this month. Now these comments at the Warsaw Security Forum came as Denmark closed its airspace to all civilian drones ahead of
hosting European leaders this week.
The temporary ban will be in place from Monday to Friday, with the Danish Transport Minister saying it would eliminate the risk of hostile drones
being mistaken for legal ones, or Copenhagen on high alert after several unexplained sightings of drones over airports and military bases last week.
Well, CNN's Clare Sebastian joining me now. What else did Zelenskyy have to say, Clare?
CLARE SEBASTIAN, CNN CORRESPONDENT: Yeah, Becky, there's a couple of key themes that I think Zelenskyy really wanted to emphasize today in his
virtual address to this Warsaw Security Forum. He obviously has been warning since the start of Russia's full-scale invasion that Russia, if not
defeated, would not stop at Ukraine.
[09:20:00]
And he is essentially citing as evidence these incursions into NATO airspace by drones and jets, which Russia, of course, continues to deny. He
said, Russians never just stop at one country history has shown this many, many times. And there's a secondary point that I think is critically
important that he really wanted to hammer home, is that given these incursions, these threats, as NATO sees it, to its security.
Ukraine possesses the expertise and experience that NATO and European allies need at this point. And this is something that he also wanted to
emphasize in his address today. Take a listen.
(BEGIN VIDEO CLIP)
VOLODYMYR ZELENSKYY, PRESIDENT OF UKRAINE: Ukraine proposes to Poland and all our partners to build a joint, truly reliable shield against Russian
aerial threats. And this is possible. Ukraine can counter all types of Russian drones and missiles, and if we act together in the region, we will
have in our weapons and production capacity for this.
If Russia loses the ability to strike in the skies, it will be unable to continue the war.
(END VIDEO CLIP)
SEBASTIAN: This argument that he has again been using, really, since the beginning of the war, that giving Ukraine aid will lead to it, having these
battle tested expertise will essentially pay this dividend, really, now coming into sharp focus, and especially as we see in Europe, European
countries coalescing around the idea of a drone wall.
This is something that 10 EU countries signed on to last week. I think these arguments are particularly powerful. And we're going to see European
leaders meeting later this week in Copenhagen, a summit that has been given greater urgency, of course, by these threats which have affected Danish
airspace.
And so, I think Zelenskyy really wanting to emphasize this point that supporting Ukraine really does pay back in terms of this expertise that
Europe and NATO allies now so sorely need, Becky.
ANDERSON: Yeah, and European security is going to be on the agenda when leaders meet in Copenhagen later this week, and these drone sightings in
Denmark have become a real concern, not just locally in Denmark, of course, but across Europe. And we have heard the German Defense Minister suggesting
that we're not in war, but we're sort of as close as in recent weeks, which was a remarkable statement from the Germans.
What do you expect? What are you looking for this week out of the sort of European narrative?
SEBASTIAN: Yeah, I think we're at a moment, Becky, where we're seeing some Rubicons again, shifting within Europe, where this has been a significant
wake up call. These drones and jets moving into NATO airspace, even though, of course, Russia continues to deny it.
We heard that from the German Defense Minister. I think, look, that's something that we've heard before from the NATO Secretary General, but to
hear it coming from Germany, significant. We had the German Chancellor shift his position at the end of last week on the issue of using Russian
frozen sovereign assets to help Ukraine.
So, I think there is a significant now understanding of the threat that this drone escalation poses and the usefulness of Ukraine's expertise in
countering that. So obviously, practically that will affect the meetings coming up this week in Copenhagen. You heard about Copenhagen closing its
airspace.
A number of European countries, Sweden, France and Germany have pledged to send personnel and anti-drone systems to -- then I think in terms of the
discussions. We're going to hear more about beefing up defenses. I think there'll be talk of how to help Ukraine as Russia, of course, escalates its
attacks, as we saw over the week, its attacks, as we saw over the weekend, its drone and missile attacks.
And then I think, interestingly, also on freeing up Ukraine, perhaps to increase its long-range strikes on Russia that have been so effective in
terms of Russian refinery capacity, military installations, We've certainly had moves from the U.S. JD Vance on Sunday, the vice president, suggesting
that U.S. Tomahawk missiles with a longer range than anything the U.S. has previously provided could now be on the table as part of this program where
NATO countries buy U.S. weapons and send them to Ukraine, Becky.
ANDERSON: Yeah, teeing up what is going to be a busy week in Europe. Clare, always a pleasure. Thank you very much indeed. Well voters in Moldova
deliver a solid win for the pro-European candidate versus a pro-Russian opponent who is now protesting the count.
Antena 3 Reporter Ana Maria Roman has more on parliamentary election results there, just in.
ANA MARIA ROMAN, ANTENA 3 REPORTER: It's now official Republic of Moldova stays on its pro-European path. President Maya Sanders party has scored a
decisive win, more than 50 percent of the vote according to the final results. The pro-Russian patriotic bloc, led by Igor Dodon, who is also the
Former President of Republic of Moldova, came second with 25 percent.
[09:25:00]
And the new political movement founded by the Mayor of Chisinau rank third with around 8 percent. Now early projections show action and solidarity
party securing over 55 seats in a parliament that here in Moldova has only 101 members. So enough for a comfortable and very clear majority for the
next four years.
The opposition is calling people to the streets. First protest will take place on Monday in Chisinau at 12 o'clock. The pro-Russian political
leaders said they won't accept the results, and they are already calling for the new month of the election, but for now, the east clear Moldova has
chosen Europe once again.
ANDERSON: Well still ahead, Republicans and Democrats are in a standoff as the deadline for a government shutdown booms. We're going to tell you
what's holding up a potential deal and look at how it might affect Americans, the U.S. economy and beyond. Plus, the state of the race for the
Mayor of New York City, now that Eric Adams has ended his reelection bid.
(COMMERCIAL BREAK)
ANDERSON: Welcome back. You're watching "Connect the World". I'm Becky Anderson in Abu Dhabi. Time here just before half past five. These are the
headlines. U.S. President Donald Trump will host Israeli Prime Minister Benjamin Netanyahu at the White House in the coming hours to discuss his
new proposal to end the war in Gaza.
Trump is boasting something special is coming though Netanyahu told Fox News the weekend an agreement has not been finalized. Hamas, for its part,
says it has not received the proposal. The FBI calls a deadly attack at a church in Michigan on Sunday, an act of targeted violence.
Police say at least four people were killed, eight others injured on Sunday after a man rammed his truck into the church, opened fire with an assault
rifle and set the building on fire. He was killed in a shootout with police. A motive is at this point unknown. Portland and the state of Oregon
have filed suit against President Trump for his plans to deploy the National Guard to the city.
The president says 200 troops are needed to protect an ICE facility from what he claims are, quote, violent protests. In their lawsuit, the city and
state allege that President Trump has overreached his mandate.
[09:30:00]
All right, getting ready for the opening bell on Wall Street. This shipping company celebrating the arrival of Oceania cruises the newest ship, Oceania
Allura, that's the company ringing the bell today at the New York Stock Exchange. And a reminder of one of our main stories here on "Connect the
World".
President Trump set to meet the top four leaders of Congress later in an effort to avoid a U.S. government shutdown that is just one day away.
Republican leaders need critical votes from Democrats to sign any funding bill into law, but there is deadlock as Democrats demand specific
provisions around health care.
This is how the stock markets then are doing on the opening. And this shutdown could delay the release of key economic data, which would in turn,
impact how the Federal Reserve reacts. The markets shrugging off, what is this sort of less than 48-hour deadline. They may feel, and I say they
being investors that we've been here before.
Why is this different, and why are these markets perhaps a little more sanguine about things than they might be well. CNN Global Economic Analyst
Rana Foroohar joins us now with more. What are these last-ditch negotiations? Let's be clear, the proposal being discussed would only
actually fund government spending until mid-November.
But in the short term, I'm just wondering what the impact of a shutdown would be on ordinary Americans in terms of their sort of pocketbooks and in
terms of the U.S. economy. And why did you think that investors really don't seem to care.
RANA FOROOHAR, CNN GLOBAL ECONOMIC ANALYST: Yeah, Becky, it's an interesting confluence of events. We have been here before. We've seen
numerous government shutdowns. They tend to be resolved after both sides of the aisle, Republicans and Democrats make their political points.
In this case, the points are being made over health care. Democrats, led by Elizabeth Warren, are saying, look, you've got to put back some of the
spending cuts for the poorest Americans in the form of Medicaid cuts that were put into place by the president. This is a values question.
Republicans aren't even trying to negotiate. She is really trying to position Democrats as the party of the working people. Trump, for his part,
is, of course, using tariffs as the blunt tool to deal with health care costs. He's putting tariffs on European drug makers talking about more drug
resiliency at home.
The truth of the matter is, neither thing is going to change the U.S. health care system, which is a complete mess. In terms of the immediate
effect of the shutdown, I think what it would do if we do see a shutdown, and there's going to be a big meeting today at 02:00 p.m. Eastern Standard
Time, big pow wow between the parties to talk about this.
If we do see a shutdown, I think that the impact will be to give Donald Trump, in the short term, a lot more power, even in D.C. than he already
has. You could see him arguing for emergency cuts, staffing cuts. I mean, he already wants to make more cuts to federal government staff positions.
He'd love to get rid of certain agencies. I think that that would give him more leeway to do that, and that could, in turn, affect Americans that are
interacting with those agencies, people that are getting, you know, pension checks, people that are trying to file taxes. I mean, you know, you just
don't know what the cuts are going to come from, but certainly would have an impact.
ANDERSON: Yeah, and this is perhaps one of those classic examples of how Wall Street, you know, considers an issue this being on this occasion,
government shutdown, completely differently to the way that main street might.
FOROOHAR: Yeah.
ANDERSON: I mean, the impact on individuals may be swinging were there to be a shutdown. And look, I mean, I'm looking at one big investment house. I
think it was Goldman Sachs that I was looking at earlier, suggesting that a shutdown is more likely than not at this point.
FOROOHAR: Yeah.
ANDERSON: And yet, of course, Wall Street shrugging that off. It is effectively the beginning of the fourth quarter that is often a good
quarter for equities. We saw a bit of a sort of rollback of investor sort of enthusiasm for stocks last week, not least those in AI and advanced
tech.
As you look at where things stand, and you talk to those, and I know you do all the time, those who are sort of, you know, trading these markets, what
are they telling you about, you know, their forecasts for this next quarter?
[09:35:00]
FOROOHAR: So interestingly, even though companies are preparing for a slowdown, they're still really recording pretty strong profits, and those
AI companies in particular are still just rolling in cash, and they have the president's ear now, you know, he makes certain political statements
now.
And again, the H-1B visa would be a perfect situation where tech companies now going to have to pay for the privilege of bringing in skilled workers,
but honestly, Becky, that's a drop in the bucket for these companies. They are incredibly profitable. They continue to drive the market story, and
until we have another event, you know, the way we had last year, where you see a big Chinese company coming in and undercutting the performance of
some of these AI companies.
I don't think that we're going to see a correction now. If you were to see a move like that, a competitor from China coming in and showing it can do
what these other AI companies are doing for a lot more money, then you might see a ripple in the markets. And if that came at a time when the fed
maybe moves in an unexpected direction, or there's more stress geopolitically with China, then I think you could be talking market impact.
ANDERSON: It's really interesting that you say that, because I'm listening to you, and you know, we never know when, when these individual events
might happen. What we do know is that we shouldn't be surprised by this clash between the president and Democrats over government funding.
This is at a time when Donald Trump has been pushing a hardline power play, whether that's ordering troops, as we've just been reporting to Portland
now, or dismantling the Justice Department's independence. I just wonder whether this government funding issue is the first time that we might just
see the Democrats up for a fight, because at present, the U.S. President does seem to believe he has the upper hand, correct?
FOROOHAR: Yeah.
ANDERSON: Is this --
FOROOHAR: Yeah, yeah.
ANDERSON: 9 months in, 10 months in time for the fight?
FOROOHAR: Well, you would think Democrats are standing up more and more vocally than they have in the past, but I got to tell you, I'm not so sure
it's a fight they're going to win. For starters, they don't have the congressional power at this stage. And you know, Elizabeth Warren, who I
have a lot of time for, I have a lot of sympathy for, is saying, look, this is a fight over values.
Well, sadly, you know, Americans care a lot more about their pocketbooks. And polls show this Gallup polls show this, money and kitchen table issues
are the single biggest priority for most family's values, sadly come second generally. And health care is a complex topic. It's a difficult topic to
message politically.
Now, if you were to see a shutdown followed by a market event that really hurt people and Democrats could then immediately jump into the fray and
say, look, look what Donald Trump has done to your 401-K's, look what he's doing for the interest rate and the credit picture in America.
Maybe. Maybe you get some political hay being made with that. But I'm just not convinced yet, because there aren't other good alternatives that
markets see at this moment, either in China or in Europe, that that's going to happen.
I will say, though, Becky, I think when President Trump and Xi Jinping meet later in October, that will be an interesting moment, because I personally
think that China does have the upper hand right now, geo strategically with the U.S. and geo economically, but I don't think markets have realized that
yet.
And so, if you see a dovetailing of the debt and deficit picture the U.S.- China relationship and budget talks sort of coming together, that could be a market event.
ANDERSON: Yeah. And it's interesting, because while we are seeing this continued sort of push, I know we saw markets sort of row back a little bit
last week. I mean, there's still a sort of record high.
FOROOHAR: Yeah.
ANDERSON: So, we still see gold at a record high and continuing to push higher. And that may just be that hedge that people are taking.
FOROOHAR: 100 percent.
ANDERSON: You know, against this sort of event that is, yeah, likely to come at some point. You know, it's just a question, sort of, it feels like
a question of when not if, doesn't it? It's always good to have you, Rana. Thank you so much for joining us. Keep an eye on that gold price, folks.
Still to come, Team Europe, hold off the U.S. late rally to win the Ryder Cup despite a hostile reception from American crowds.
(COMMERCIAL BREAK)
[09:40:00]
ANDERSON: Well after a weekend of bedlam at Bethpage, the dust is now settling on another extraordinary Ryder Cup. Team Europe claiming a victory
that for two days looked all but assured, but a late USA push on Sunday definitely kept things interesting. Amanda Davies joining me now. Wow, that
was some long weekend, wasn't it?
AMANDA DAVIES, CNN WORLD SPORT: Yeah, the dust settling, and you suspect the hangovers now very much starting to settle, from a team Europe
perspective, anyway. And how needing three points can seem such a small gap to close.
ANDERSON: Yeah.
DAVIES: And then suddenly, so quickly, become such a mountain to climb. You know, we went into that final Sunday, the 12 singles match very much
talking about it was being a done deal from a Europe perspective, because they are dominated, but you could see just what those first two days are
taken out of them.
And Team USA were not going to give up without a fight. We know they had the weight of that, that crowd behind them, a great performance from Cam
Young to get that first point from Justin Rose, and then Justin Thomas doing what he needed to do as well, and suddenly the ball started rolling.
The Ryder Cup tension that we love so much, very much, started building. But ultimately, there was that moment from Shane Lowry clinching that that
half point the team Europe needed to retain the crown, and you saw just what it meant to him and his teammates, but we had politics, didn't we?
ANDERSON: Yeah.
DAVIES: We had the crowd going all in.
ANDERSON: Yeah.
DAVIES: Now it rolls all the way over to Ireland in a couple of years --
ANDERSON: Isn't that going to be the best? I mean, it was pretty toxic at times, and I know you're going to talk about the atmosphere on "World
Sport". And there was some stuff in there that nobody wanted to hear. But ultimately, you know, an amazing event and more on that on "World Sport",
of course, Amanda's got that after this short break, stay with us for that.
(COMMERCIAL BREAK)
[09:45:00]
(WORLD SPORT)
[10:00:00]
END
