CBS Evening News, August 2, 2022
Pelosi visits Taiwan amid warnings of China retaliation; Ex-Laker puts championship rings up for auction for Ukraine
Asia
Pelosi's Taiwan trip provokes China’s anger
House Speaker Nancy Pelosi landed in Taiwan's capital of Taipei on Tuesday, arriving for a controversial stop on her tour of Asian countries that has become a flashpoint amid rising tensions between the U.S. and China. Adam Yamaguchi reports.
Pelosi in Taiwan despite China's warnings
Tensions are rising with China as House Speaker Nancy Pelosi visits Taiwan's capital of Taipei. CBS News chief White House correspondent, Nancy Cordes has more on her visit. Then David Sacks, a research fellow at the Council on Foreign Relations, joins anchor Lana Zak to discuss the impact of Pelosi's trip.
House Speaker Pelosi makes trip to Taiwan
House Speaker Nancy Pelosi has made her controversial visit to Taiwan despite threats from the Chinese government. CBS News' David Begnaud and Debra Alfarone speak with CBS News chief White House correspondent Nancy Cordes and CBS News contributor Isaac Stone Fish on the implications of this closely watched trip.
Pelosi visits Taiwan amid warnings from China
House Speaker Nancy Pelosi landed in Taiwan on Tuesday, making her the highest-ranking U.S. official in 25 years to visit the self-ruled island that China claims as its own. China responded by announcing new military drills. Nancy Cordes has the details.
China lays out its economic blueprint
China's National People's Congress charted the country's future during its annual meeting Saturday. Amy Celico of Albright Stonebridge Group joined CBS News' Lana Zak to discuss the meeting, as well as how Russia's invasion of Ukraine is impacting China.
Stocks fall as House Speaker Nancy Pelosi lands in Taiwan
Financial markets wobble amid investor concerns that the House speaker's visit could heighten U.S.-China tensions.
Feds target U.S. companies caught in lucrative shark fin trade
Every year, the fins of as many as 73 million sharks are sliced from the backs of the majestic sea predators.
China warns U.S. if Pelosi visits Taiwan
Nancy Pelosi is expected to make a controversial stop in Taiwan as part of her Asia tour, long rumored but never officially declared as part of her itinerary. As the White House seeks to de-escalate tensions, China warns the U.S. will pay the price for challenging its sovereignty over the island. Nancy Cordes reports.
Biden begins Asia trip.
President Biden is in Asia, in South Korea for the first leg of his trip. He’s decided not to visit the heavily fortified Demilitarized Zone separating South and North Korea. A baby formula factory that's been closed since February due to contamination, Abbott Nutrition's Michigan plant, could be back open by next week, the FDA says. But the company says once production resumes, it could be about two months before new formula begins arriving in stores. And for the first time, there will be female referees at a men's World Cup final, set for later this year in Qatar.
Biden's COVID rebound; Pelosi heads to Asia
President Biden remains in isolation two days after testing positive for COVID-19 again in what doctors are calling a rebound case. This comes as questions arise over House Speaker Nancy Pelosi's possible plans to stop in Taiwan during her trip to Asia. CBS News chief Washington correspondent Major Garrett has more.
Pelosi confirms trip to Asia, but makes no mention of Taiwan
Pelosi would be the highest-ranking elected American official to visit Taiwan since then-Speaker Newt Gingrich in 1997.
China says remains of rocket booster fell to Earth
China's space agency says debris from a rocket that boosted part of China's new space station into orbit has fallen into the sea in the Philippines.
Nancy Pelosi to potentially visit Taiwan
Chinese officials have threatened military action if U.S. house speaker Nancy Pelosi visits Taiwan during a congressional trip to Asia. China claims the self-ruling island of Taiwan is a part of its territory. Christina Ruffini has more.
North Korea threatens to use nukes in potential conflicts with U.S., S. Korea
Experts say Pyongyang will likely intensify its threats against the Washington and Seoul as the allies prepare to expand summertime military exercises.
Stocks rise after Fed announces second consecutive 0.75% hike
Strong financial results from Alphabet, Boeing and other corporate bellwethers helped lift investors' mood.
Stocks sink after weak profit report from Walmart
Weak profit reports from some of the biggest names in corporate America are souring the mood of investors.
Volcano erupts in Japan, sending large rocks and ash into the sky
Japan's Meteorological Agency raised the eruption alert to the highest level of five and advised 51 residents in two towns facing the volcano to leave their homes.
Sri Lanka protests resume as lawmakers pick unpopular PM to lead
Demonstrators hit the streets again as a widely unliked political veteran was tapped as president, but one expert says he may give the nation "a fighting chance."
Stocks rally as investors look for "pockets of optimism"
Investors were cheered by new data on strong consumer spending, but worries remain about the impact of high inflation.
What's next for Sri Lanka after president resigns
A Sri Lankan parliament speaker says lawmakers will officially announce Friday that President Gotabaya Rajapaksa has emailed his resignation. This comes after the embattled president fled to Singapore and named Sri Lanka's prime minister the acting president. CBS News' Tanya Rivero and Elaine Quijano spoke with BBC reporter Ranga Sirilal about what's next for the South Asian nation.
U.S. stocks sink as investors worry Fed hikes might derail growth
"Growth fears are hitting the markets harder than inflation concerns," said one analyst.
U.S. caused $2T in climate harm to poor nations, study finds
"It's the countries that have emitted the least that are also the ones that tend to be harmed," says co-author.
Sri Lanka's embattled government declares emergency as protests rage
Protesters want the president and prime minister out, but the PM is taking a hard line, saying Sri Lanka "can't allow fascists to take over."
China fumes U.S. Navy destroyer sails through disputed South China Sea
Beijing says it sent forces to drive away a U.S. warship that violated "China's sovereignty and security" and undermined "peace and stability."
Federal food aid will not go out starting Nov. 1, USDA website alert says
The USDA notice comes after the Trump administration said it would not tap roughly $5 billion in contingency funds to keep benefits through SNAP.
Exclusive
Newsom says he will consider White House run after 2026 elections
In an exclusive interview, California Gov. Gavin Newsom said that he will consider a presidential campaign after the 2026 midterm elections.
Graham says land strikes in Venezuela are a "real possibility"
The U.S. has carried out several air strikes on Venezuelan vessels that the Trump administration has accused of carrying drugs and cartel members.
Arrests made in crown jewelry heist at Paris' Louvre museum, prosecutor says
Thieves took less than eight minutes to steal jewels valued at $102 million last Sunday morning from Paris' famous Louvre museum.
Hurricane Melissa strengthens into a powerful Category 4 storm
Melissa strengthened into a major hurricane and is expected to bring "catastrophic" flash flooding and landslides to Jamaica, Haiti and the Dominican Republic.
TikTok deal to be finalized Thursday, Treasury Secretary Scott Bessent says
Treasury Secretary Scott Bessent said the TikTok deal announced last month is set to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.
U.S. warship docks in Trinidad and Tobago amid tensions with Venezuela
In an interview aired Sunday on CBS News' "Face the Nation," Sen. Lindsey Graham said land strikes in Venezuela are a "real possibility" amid rising tensions.
Hamas expands search for remaining hostages' bodies as Egypt joins effort
Under the fragile U.S.-brokered ceasefire, reached on Oct. 10, Hamas is expected to return all of the remains of Israeli hostages as soon as possible.
Nick Mangold, New York Jets legend, dies at 41, team announces
Two weeks ago, Mangold revealed he was looking for a kidney donor.