Terrible composite pmis from the region. Oil continuing that recordbreaking rally yesterday. Some delegates a little bit more optimistic about getting deals done. Now i want to update you on our top stories from our new york team. We want to begin with europe. Thentioned the economies in slump of unprecedented scale, pointing to a contraction of about 10 . Bloombergs Michael Mckee joins us with more. Good morning, mike. Michael we are getting to the point where Economic Data are almost irrelevant to investors. Yeah, it is terrible. We know that. Weve traded it. Thats why you are not seeing a huge reaction in equity markets in europe because it was largely expected. It is sort of exactly what you think wouldve happened. Services pmis and composite pmis just falling off a cliff. The story in spain and italy there, but also france and germany. Those economies have basically shut down. Economists try to put a number on what that means, and that is where you get that 10 contraction figure,
The dow down as much as 123. The s p is up and the treasury at this point, it looks like the yield has been something people are watching again you dont want to see these move up too quickly it has shown some strength wti, yesterday was down 24 . That was the third worst day ever for oil prices. 18year low. This morning, wti is up better than 13 last i looked it was around 23. These moves with the dow, s p and massive moves yesterday in the market, all of us were a little relieved when the 4 00 p. M. Bell range. I was happier like you. I dont even know what you are thinking at 2,300. When it comes back 1,000 mike spointed out at one poit the dow was down 2,300 points. Im reaching for straws in the ocean but walmart. New highs. Close to alltime highs. I know why i know all of that if walmart lives, i think im going to live. I hang my head on amazon hiring another 10,000 people you saw amazon hiring like 10,000 people. People are still shopping. Becky, i saw we wrote an article. Higher y
Transmitted from human to human. Becomes a city chiefs reach the super bowl for the 1st time since 1007 think theyll face the 49 is after the player that nobody wanted to lead San Francisco the biggest guy even american school. Fellow we begin this news hour in iraq where there are reports that protesters have been killed in the capital baghdad thats after police tried to break down barricades on the outskirts of the city dozens are said to be injured rallies have also broken out in several southern cities including as often also the protesters have cut off the south. Major roads lets bring in it is joining us from baghdad a cautious as weve been reporting taking place osama are the numbers getting larger. Absolutely dreamed throughout monday weve been hearing more and more protesters gathering where we are in tehran square weve been hearing gunshots being fired from a distance been seeing live ammunition is being used let me move out of the frame and if we can zoom in and show you whe
The committee will come to order. Good morning to everyone and without objection, the chair is authorized to declare a recess of the committee at any time. With that, i will now recognize myself for my Opening Statement. I am honored to be convening todays hearing. My very first as chairwoman. As we continue to mourn the loss of our dear friend and colleague, chairman elijah cummings. And as i sit here today in his chair, i am mindful of his Lifelong Mission to seek not only Common Ground but higher ground. With that in mind, i am very pleased to hold todays hearing on an issue we have been fighting for, for many years. The need for comprehensive paid, family, and medical leave. It is an important its important for people to understand the Current Situation in our country. Right now, we are one of only two nations in the world that does not provide our workers with any form of paid family or medical leave. The United States and papua new guinea. I remember when i was pregnant with my f
Luanda leaks the document trove 14 to show how the daughter of angolas former president siphoned millions of state money into offshore accounts. Making the same flip. The deliberate made a mistake that is one giant leap for space. So that libyas warring sides and World Leaders have agreed to help secure a fragile truce in the hope it will develop into a full ceasefire at a summit in germany they also committed to reinforce you know weapons and. Has more now from. It was the most important gathering to an libyas conflict in many years but from the start german chancellor. Was struggling to narrow differences between libyas rivals Prime Minister of the tripoli based government of National Accord phases with used to sit down with warlords highly for have leaving merkel shuttling back and forth to convince spaceship powers to help secure a permanent cease fire and stop the flow of arms into the war torn country. Here in berlin there. Everyone with an agreement including the regional organi