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Just wait and hear from the Wall Street. Journal's.

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As we work podcast. This

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season will take you from that first job

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all the way to retirement and all the

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career moments along the way. Listen

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wherever you get your podcasts.

0:19

the biden administration plans to announce its

0:21

largest student debt right off to

0:23

date plus progress in the un

0:25

lead talks to avert a global food crisis

0:28

caused by the war in ukraine and

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britain's queen elizabeth the second celebrates

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seventy years on the throne no mana

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because of a rule the realms long

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as queen elizabeth has and that's

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and a dentist the that stretches by over a thousand

0:41

years it's a very special moment

0:43

for the uk it's thursday june second

0:45

time loop vargas with the wall street journal here's

0:48

the am edition of what's news the

0:50

top headlines and business stories moving your

0:52

world today

0:59

the biden administration has said it intends

1:02

to forgive all outstanding loans

1:04

held by students who attended the now defunct for

1:06

profit corinthian colleges which

1:09

at five point eight billion dollars amounts

1:11

to beat largest ever single action

1:13

of debt cancellation by the federal government

1:16

be , department estimates five

1:19

hundred and sixty thousand student borrowers

1:21

will be affected by the move which

1:23

comes as the administration plots it's way

1:25

forward on be politically potent issue

1:28

of student debt forgiveness ahead of

1:30

november's midterm elections around

1:32

forty million borrowers in the us

1:35

hold one point six trillion dollars

1:37

in federal student debt turning

1:40

overseas you and lead negotiations

1:42

aimed at getting ukrainian and russian

1:44

food exports to world markets

1:46

have begun to show progress wsj

1:49

middle east correspondent jared malsin says

1:52

un officials are seeking are pathway to

1:54

help slow rising global food

1:56

prices and head off head possible

1:58

humanitarian crisis

2:00

because of food shortages the

2:02

idea is that turkish warships

2:04

what help secure a lane in

2:06

the black sea by clearing mines

2:08

and making sure that the ships and get out safely

2:11

with the russian navy there in the area

2:14

turkey has agreed in principle to

2:16

participate in this efforts but

2:18

that they're going to continue the negotiations with

2:20

russia next week when russian

2:23

foreign minister sergei lavrov comes

2:25

to turkey on june eight

2:27

returning to the u s a gunman

2:30

killed at least four people in a mass

2:32

shooting at a medical clinic in tulsa

2:34

oklahoma on wednesday before dying

2:36

of a self inflicted gunshot wound

2:39

the , adds to a recent spate

2:41

of mass shootings including one at a school

2:43

in you've all the texas where nineteen

2:46

children and to teachers were killed killed

2:49

in eighteen year old gunman accused

2:51

of killing ten people last month at a

2:53

buffalo new york supermarkets was

2:55

charged by a county jury on wednesday

2:57

with domestic terrorism motivated

2:59

by hate and ten counts of

3:01

first degree murder if convicted

3:04

murder domestic terrorism charge peyton

3:06

gendron could face a sentence of

3:08

life in prison without parole his

3:10

lawyer brian parker wasn't immediately

3:13

available for comment on wednesday and

3:16

a new poll by the wall street journal

3:19

and north at the university of chicago

3:21

has found that more than two thirds of americans

3:24

want to uphold roe v wade the

3:27

, was taken after the leak of a draft

3:29

opinion that suggests the us supreme

3:31

court may be preparing to overturn the

3:33

nineteen seventy three decisions that establish

3:35

the constitutional right to an abortion

3:38

some fifty seven percent of respondents

3:40

said of respondents should be able to

3:42

obtain a legal abortion if she wants

3:45

it for any reason that is the

3:47

highest share since north

3:49

began asking the question every few

3:51

years starting in the late

4:04

for a cosmetics product to earn certification

4:06

as being cruelty free brands

4:09

must ensure their ingredients and final

4:11

products aren't tested on animals anywhere

4:13

in the world and despite the fact

4:15

that the european union has banned animal

4:18

testing for cosmetics and twenty thirteen

4:21

and number of cosmetics brands are now pushing

4:23

back against back decision by the european

4:25

chemicals agencies to require

4:27

animal testing on some cosmetics

4:29

ingredients the case is now

4:32

at the european court of justice which is

4:34

expected to rule sometime this year

4:36

and joining us now with more is wsj

4:39

consumer goods reporter sovereign

4:41

chowdhry sovereign sabra hi

4:44

the why exactly is the regulator involved

4:46

here asking for these animal tests

4:48

are the regular tests the industry

4:50

performs not enough

4:52

they're essentially a conflict

4:54

between two separate laws

4:56

here for one is the one that

4:58

sort of bands animal testing for cosmetics

5:01

and that's very consumer focused it looks

5:03

at or the ingredients safe

5:05

for consumers and it deemed yes we don't

5:07

need to do animal testing to decide

5:10

that these ingredients essay for consumers

5:12

then you have a totally separate law which

5:14

is implemented by the chemicals regulate

5:17

how cold aca and that law

5:19

looks at work or safety

5:21

and the environment and that says

5:23

workers can come into contact with a chemical

5:26

in far larger volumes

5:28

than a consumer can you know in a very

5:30

rural form in a factory for extended

5:32

periods of time like hours at a time

5:35

and so the has a different set of criteria

5:37

that they're looking for and it's under those criteria

5:40

what they see we don't feel that

5:42

the information companies have provided is enough

5:45

we want these extra test to prove that

5:47

some of these cosmetics ingredients are safe

5:50

and this is despite the fact that there is this other

5:52

legislation banning animal testing

5:54

for cosmetics ingredients

5:56

the european court's ruling sabra

5:58

when it comes how do you have

6:00

implications for the cosmetics industry

6:03

globally beyond your

6:05

yeah i think the concern is just that if

6:07

you are a big global brand

6:09

like say dove shampoo or

6:11

trace the mail any of these brands

6:13

that sell all over the world you

6:15

will no longer be able to claim to be

6:18

free of testing on animals because

6:20

you will have to test in europe and

6:22

the way that the certifications are handed out

6:24

by peter they will not certified

6:26

you if you destined one part of the world and animals

6:29

it doesn't mean you can get a us certification single

6:32

animal testing free if you're still

6:34

testing on animals in europe so essentially

6:36

it's one global certification which is why

6:38

this ruling has really big implications

6:41

told many companies that have friends

6:43

that are owned by european

6:45

companies but essentially sold

6:47

all over the world that was wall street journal

6:49

consumer goods reporter sabra chowdhry

6:52

sabra thanks so much thank you

6:54

coming up we'll talk to our uk correspondent

6:56

max colchester about today's click off of

6:58

queen elizabeth the seconds Platinum Jubilee

7:00

celebration and where the British Monarchy

7:03

stands 70 years into

7:05

her Reign? What that story after

7:07

the break.

7:12

Self

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remember. Steph self-monitoring his powers

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manager ppe.org brought to you by

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the Ad Council, the American Heart Association

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and the American Medical Association in partnership

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with the of minority health and Health Resources

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and services Administration.

7:38

britain is embarking today on a four

7:40

day celebration tomorrow queen elizabeth

7:42

the second seventy years on the throne

7:45

and royal fans from all over the world

7:47

are gathering outside buckingham palace

7:50

the best role model in the whoa it

7:52

always does for the whole pomp and circumstance

7:54

we don't have anything like to see a legacy

7:57

i mean you're along the line resets

7:59

i've been all season

8:00

as we want my my last week i thought about

8:02

it seemingly wsj

8:04

uk correspondent max colchester

8:06

joins us now to talk about the queen's platinum

8:09

jubilee and what my be next for

8:11

the british monarchy max thank

8:13

you for being with us hi good morning lose

8:15

some acts how important for the united

8:17

kingdom is the marking of the queen's

8:20

jubilee

8:21

it's a very special moments from the

8:23

uk no one no monique has ever

8:25

ruled the rounds long as queen elizabeth

8:27

has and that's a dynasty the stretches

8:30

by over a thousand years was just shows

8:32

you how unusual and specialists

8:34

is and what we're gonna see

8:36

over the next four days is a

8:38

lot of pageantry an hour lot of public

8:41

celebration jubilee their an occasion for the

8:43

british people to come together and

8:45

celebrate the kingdom and

8:48

this will be done via street parties

8:50

military parades church services

8:53

and of course lots of tea party

8:55

how popular is the royal

8:57

family in the uk at this moment

9:00

and is the popularity of the family and

9:02

any sort of doubt at this point right

9:04

now no it isn't it is diller firmly

9:06

popular fixture in the uk and

9:09

that is really very much down for the queen herself

9:12

one of the great strength of the monarchy is

9:14

that it's always there and so she's come to

9:16

embody in many ways it's greatest strength

9:19

now the big question is said the day

9:21

come when the queen of no longer

9:23

in place will it be as easy

9:25

for her successor prince charles to continue

9:28

to embody those traits and

9:30

in serious had be he's been around for long time

9:32

to he's the longest serving add to the

9:34

throne in british history and the british

9:36

public a very familiar with him but there

9:38

will be a sort of transitional bump

9:41

as the british people have

9:43

to get used to a new face at the helm

9:45

of this institution

9:46

add to that the fact that he's not as

9:48

popular as the queen is

9:50

if exact i think there is an issue here the child

9:53

is less popular than his mother however

9:55

his cause you point out that he have more popular

9:57

that any political figure in the uk the

10:00

yes there will be a sort of question as to whether

10:02

he can take the same approach that the queen

10:05

so successfully as taken which is to sort

10:07

of stand back from it all

10:09

and rise above it all like not be involved

10:11

in day to day politics not be

10:13

overtly political more overtly have

10:16

views on things and not offend anybody

10:18

so by not having any views not offending anyone

10:20

you remain brought the popular

10:23

the i'm not taking strong positions

10:25

are being controversial how else would you say

10:27

queen elizabeth the second has helped the uk

10:30

government advance it's priorities

10:32

through the years not just as queen but as head of

10:34

the commonwealth and the church of england

10:36

the back a yeah thing to say the break key role

10:39

in the commonwealth what is this club of fifty

10:41

four nations mainly parts

10:43

of the former british empire which

10:45

is headed for many years and have been very popular

10:48

in that role i think in a weird way she's been a very

10:50

very important to in british

10:52

soft power we see it with american

10:54

presidents sees lived through fourteen

10:57

us presidents and presidents love to

10:59

meet her everybody from all across

11:01

the aisle everyone wants to meet the queen and that makes

11:03

are very unique draw for british

11:05

government's not been a very very powerful tool for

11:07

the uk over the last seven decades

11:10

for sure the queen is also

11:12

a head of state in many countries and british

11:14

overseas territories do

11:16

you think the monarchies appeal there

11:19

is going to last what about the very

11:21

big unknown and we've already seen

11:24

the caribbean on the barbados remove

11:26

the queen as his head of state

11:28

and they have been long time rumblings

11:30

in australia about whether the queen's should

11:32

continue in her all their and

11:35

that will be a big challenge for them on a key to

11:37

try and prove relevant to these

11:39

nations of what it actually brings them by

11:41

remaining in place for them and i think that

11:43

the feeding within buckingham palace that actually

11:45

this is the legacy role

11:48

will probably one they go but i

11:50

don't think that diminishes the actual power of the

11:52

monarchy itself and that is

11:54

something is think a fairly comfortable with

11:57

but obviously it's a difficult one because this colonial

11:59

power the britain has me they can't be seen

12:01

to dictate countries how to

12:03

run their affairs but at the same time the have

12:06

to they are technically that

12:08

so it's a very difficult balancing actually base

12:10

that was wall street journal uk correspondent

12:12

max colchester max thanks

12:15

so much and enjoy being out there with there crowds

12:17

i will thanks

12:22

and finally just a twenty minute drive from

12:24

the flashing lights of the las vegas strip

12:26

is a facilities known as the petting

12:29

zoo which for the record it is not a club

12:31

and doesn't feature any animals instead

12:33

it is the threat training facility at

12:36

nellis air force base which required

12:38

it's nickname because visitors their can get up

12:40

close and personal with a range of soviet

12:42

weapons and aircraft accumulated

12:44

over the years by the us government wsj

12:47

national security editor sharon weinberger

12:49

says this quasi graveyard of aging

12:51

weaponry is currently enjoying another

12:54

moment in the sun

12:55

piper people who have followed the war

12:57

in ukraine ukraine has been desperately

13:00

trying to get more make twenty

13:02

nine of these are aircraft that

13:04

even though old are still very relevant in today's

13:06

conflict so in some ways the conflict

13:09

in ukraine reaffirms the value of something

13:11

like the petting zoo the current commander

13:13

of the intelligence quadrant really does not like

13:15

that name because he's as it applies at the museum

13:18

and his point is that even though the equipment

13:20

is old and even though it's pretty much

13:23

inoperable it serves a useful

13:25

training aid is not a museum it is

13:27

still

13:27

the everyday by members military

13:29

and that's what's news for thursday

13:32

morning we'll be back tonight with a new show

13:34

i'm luke farkas with the wall street journal thanks

13:37

for listening

13:49

this big island here from the wall street journal's as

13:51

we work podcast this season

13:54

will take you from that first job all

13:56

the way to retirement and all the career moments

13:58

along the way houston wherever

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you get your podcasts