A i will tell you so much to get to so lets get started. Ahead of the World Economic forum in davos today the i. M. F. Has tremendous Economic Forecast for 2020 from 3. 4 percent to 3. 3 the downgrade was issued on the back of weak data at the end of 29000. 00 led by india slowing growth and credit squeeze this is the i. M. F. 6 straight reduction though its cautiously optimistic that Global Growth may be stabilizing at subdued levels Manufacturing Activity and global trade have bottomed out but the im not warned that the Global Outlook remains on the downside additional risks include rising geopolitical tensions between us and iran and higher Tariff Barriers between us and its trading partners most notably china mark conflict is a rising between france and the u. S. Over the new french general attacks targeting Big Tech Companies and this poses a big risk if it is not resolved davos as italy the u. K. Turkey and other e. U. Countries are likely to follow frances lead. The i. M. F. Upg
But are looking for more suspects, surveillance cameras captured the moments surrounding the attack on sunday night. Now the victims brother is speaking out. Reporter the victim kevin cullen grew up in may fair and people still know his family and i spoke to one of his brothers today that described the devastation the family is now feeling. 57yearold kevin cullen was the fourth of six children and tom cullen says he was very loved. He got holder and was my right hand man. Kevin cullen was assaulted sunday evening in may fair and died at the hospital early monday morning and Police Believe a group of teens are behind the attack. They had two in custody but today said there are no arrests. He was viciously assault bid a pack of youths. They beat him into unconsciousness from which he never recovered. Police were called to the 4200 block of lauering street for a robbery and officers found cullen lying on the ground unconscious and the seconds before the brutal beating they were caught on
Again, stocks marching higher despite any noise that is out there in the political world. Overnight, youll see what happened. The nikkei was up by half a percentage point. Hang seng was slightly weaker. Shanghai composite up by a quarter of a percentage point. In europe, the biggest surprise, even though the conservative party was not able to win back a majority, and even though there are all kinds of questions about theresa may and her government, you can see right now the ftse is trading higher. It is up by about three quarters of a percentage point. Stocks in france up as well. Germany, the dakotx is up. And the current sy market, youve seen more of a reaction. The pound is under pressure, the dollar pound is at 12736. Dollar up against the yen and up against the euro as well. Check out the ten year, the yield, at this point, looks like it is trading at 2. 199 . Just below 2. 2 . And if you look at crude oil prices this morning, crude oil is down yesterday. This morning, up by 15 ce
When the japs bombed pearl harbor, they may people think of a lot of things. Most people when they thought of alaska, they thought of a cold, rugged wasteland. Now suddenly, it seems to have considerable additional value. Both to us and the japanese. Its strategic position was not comforting. From alaska, the Aleutian Islands stretch out invitingly. The great Japanese Naval base is only 750 miles away. Japs in alaska would be a direct threat to america. Alaskas long and broken coastline was weakly defended. Our bases were few and far between. Our only means of supplying them was by sea or air. With no overland connection across the wilderness of northwestern canada, not even a trail. If our shipping lanes could be interrupted, alaska might fall. The situation called for immediate action. The canadian government had already carved out a series of five airports between edmonton in alberta and yukon territory. With canadas consent, the United States War Department decided to build a milit
When the japs bombed pearl harbor, they may people think of a lot of things. Most people when they thought of alaska, they thought of a cold, rugged wasteland. Now suddenly, it seems to have considerable additional value. Both to us and the japanese. Its strategic position was not comforting. From alaska, the Aleutian Islands stretch out invitingly. The great Japanese Naval base is only 750 miles away. Japs in alaska would be a direct threat to america. Alaskas long and broken coastline was weakly defended. Our bases were few and far between. Our only means of supplying them was by sea or air. With no overland connection across the wilderness of northwestern canada, not even a trail. If our shipping lanes could be interrupted, alaska might fall. The situation called for immediate action. The canadian government had already carved out a series of five airports between edmonton in alberta and yukon territory. With canadas consent, the United States War Department decided to build a milit