Forecast, hurt by charges for wind turbines. The ceo tells cnbc there are some clouds on the horizon for the german economy. The level of industrialization is very high. But then again, we do see some slowdown and we will for this one. Weakness at europes core ramps up pressure on mario draghi ahead of the Central Bank Meeting while the bank of england looks set to hold steady. And a Strong Performance in the u. S. Market gives astrazeneca sales a shot in the arm as the drug sales raises its full year forecast. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lets have a look in in European Markets. As you can see, there is more reds than there is green. The stoxx 600 is down 0. 44 so far in todays trade. Lets look at the individual markets, try and work out why theyre down. Yesterday, European Markets were pretty strong. And why was that . Well, there wasnt any specific data. It was more off the back of positive sentim
Solve his problem. Well, the problem is, miss secretary, you got 20,000 people working for you. Every one of them has a problem going to come to you and youre going to solve that . This problem of and this rule spoke of, supervisor who has been firing people and is still there and apparently after providing retribution to people trying to improve the system, you need to have a system where those people are removed and you need to make it stick because not everybody can reach you and have you intervene and solve their little problem. You need to have a managementing that manage 20,000 people in an effective manner. How huh are you fog to do that in. Congressman, we have several complaints that we forward to the ig that come directly from our leaders and staff and they are raised by an employee a trusted chain of command and the chain of command raises the issue and we forward it over. Ill give you example and ms. Halladay mentioned this, the baltimore situation. It was raised by the cha
The Financial Markets and puts the people ahead of politics, and we have to deal with these tax increases and spending cuts in a humane and tolerable way. The calm act does all of that. Look what happens to people in need if we go over the cliff and just do nothing. On new years day, the lowest income tax rate will jump from 10 back to the clintonera rate of 15 . Thats a pretty big financial bite for people in West Virginia and i know in ohio, too, sir. These are people that are struggling right now. Instead of an overnight tax hike of 5 , the calm act smooths the transition by phasing in increases over three years. So instead of a 5 increase, the 10 bracket would only go to 1 1. 6 the first year. The calm act does the same with the other tax rate tax rates phm in over three years. But the calm act also puts the senate on record in support of comprehensive overhaul of our tax system. We can still work towards a big fix like the simpsonbowles framework and if we can do that next year, w
Make it easy for americans to get home for the holidays. Cbs 5 reporter cate caugiran is live at sfo, where dozens of flights have already been canceled. Reporter good afternoon. Actually, the count now is at 60. Thats right. 60 flights have been canceled out of sfo. And depending on how this storm pans out, we could see more along the way. Just be a drag to be stuck here like this close to christmas. Reporter flyers are out in full force today. The busiest travel day of the holiday season. We tried to catch a very early bart train from berkeley where we live but its pretty crowded. Reporter 130,000 people are expected to pass through sfo including the big guy himself. Well, im going around to various airports to talk to the Traffic Controllers and meet with the Airline Pilots to make sure they dont freak out when they see anything on christmas eve. Reporter santa and our holiday hopefuls are battling longer lines and mother nature. Dozens of flights have been canceled because of a slo
It that he will reshuffle his governments tough about changing the coach of the show. To protest. Aye all watching the jets with me catherine dollars tickets it was always going to be a very delicate balancing act trying to break a direct talks between the Syrian Government and the political opposition. The Syrian National Tennis Center the sonics on syria in geneva has been coming up against as soviet diplomatic handles this unjust in its friday that the Un Special Envoy on the brahimi says the two sides will meet face to face in the same name as that take place on site today. Un envoy very nice but short on advancing the signs understand the need to come together to save syria he said. They accept the outcome of the fast geneva conference calling for transitional daunting. Girl we expect. We have agreed not really into central. We never considered that this was going to be an easy process. We knew about it too is going to be due to coast called the k two. As i said i think in long te