Do you save this rally or buy into it do you fade this rally or buy into it . Those are the questions throughout the next two hours. For now, it is time for global exchange. We will bring you todays market moving news from all around the world, from shanghai to berlin to london. We begin in shanghai, where president xi jinping address Global Investors for the First Time Since china and the u. S. Resumed trade talks in september. He were a firm set the country would open itself up to trade even further. In order to boost growth at home and create more , chinar Global Growth will give greater importance to import. We will continue to lower tariffs and institutional transaction costs. Alix joining me now is bloombergs china correspondent selina wang in shanghai. President trump wasnt specifically mentioned, but it was almost like he was there. A thats right. Im here at the shanghai Second Annual import expo conference. There are thousands of countries here from from alibaba to astrazeneca
Good morning. Im phillip mena. Im frances rivera. A Southern California remains under siege from five massive wind whipped wildfires. Fire fighters are now entering an eighth day of battling the thomas fire. It is the largest blaze in ventura and Santa Barbara counties, now scorching 230,000 acres and is only 10 contained. One official calling it the most taxing fire he has ever seen. Ferocious santa ana winds continue driving the flames triggering power surges and temporary outages for tens of thousands of customers. The thomas fire is now the 5th largest wildfire in the states modern history. Nbcs Kristen Dahlgren has more from the ground. Reporter in the hills above carpenteria, Luis Contreras is on edge. Highway 150 is way below, three quarters of a mile and just reporter watching the fire rush toward his home and avocado groves as Fire Fighters try to slow the relentless spread. If a wind comes it is going to kill this in ten minutes. Reporter from the air a constant assault. Chop
And frances rivera. Firefighters are gaining momentum on some wildfires raging across southern california, but the ever expanding thomas fire is still out of control, scorching 230,000 acres and just 10 contained. Its now the fifth largest wildfire in the states modern history. The inferno leveled 790 structures while damaging nearly 200 others, and its threatening 18,000 more. More than 5,700 firefighters are working around the clock to battle thomas, but extreme weather conditions are hampering their efforts. Nbcs dan schenamen has more from the ground. Reporter the thomas fire, the biggest in southern california, is still on the move. Over the last 12 to 14 hours, weve experienced some extreme fire behavior. Reporter a new flareup in Santa Barbara county. More than 5,000 residents under a mandatory evacuation order. The conditions perfect for wildfires. Were in december. Right. The vegetation is as dry as its ever been. You know, we havent had rain, what, since last february or some
Good morning. Im phillip mena. Im frances rivera. A Southern California remains under siege from five massive wind whipped wildfires. Fire fighters are now entering an eighth day of battling the thomas fire. It is the largest blaze in ventura and Santa Barbara counties, now scorching 230,000 acres and is only 10 contained. One official calling it the most taxing fire he has ever seen. Ferocious santa ana winds continue driving the flames triggering power surges and temporary outages for tens of thousands of customers. The thomas fire is now the 5th largest wildfire in the states modern history. Nbcs Kristen Dahlgren has more from the ground. Reporter in the hills above carpenteria, Luis Contreras is on edge. Highway 150 is way below, three quarters of a mile and just reporter watching the fire rush toward his home and avocado groves as Fire Fighters try to slow the relentless spread. If a wind comes it is going to kill this in ten minutes. Reporter from the air a constant assault. Chop