bloc known as mercosur likely to dominate. both blocs have entered the last stretch of negotiations to seal a trade deal that has been over two decades in the making. so what progress will be made this week? let s discuss this withjimena blanco chief analyst and head of americas research at the risk intelligence company verisk maplecroft. it s company verisk maplecroft. a really big week for ti eu it s a really big week for the eu and for south america. remind the viewers, mercosur what is it and who is involved with that and why is it taking so long for this trade pact to be aligned? be aligned? good morning, sall . be aligned? good morning, sally- the be aligned? good morning, sally. the mercosur - be aligned? good morning, sally. the mercosur and - be aligned? good morning, sally. the mercosur and eui sally. the mercosur and eu talks have been going on for a couple of decades, but in 2019, the south american block that comprises argentina brazil, uruguay and paraguay
sources, the grand jury has voted to invite daniel penney, the marine veteran will now face trial for the choke hold death of jordan neely, 30-year-old homeless mentally ill man that witnesses say was threatening passengers aboard the new york city subway last month. we don t know the exact charges that he is being indicted on y yet, but he was facing a second-degree manslaughter charge. this grand jury had been hearing evidence and witness testimony on this case since may 31st. they weren t considering whether penney was guilty or not guilty, but rather whether there was enough legally sufficient evidence and reasonable cause to believe that a crime had been committed here. the bar for indictment is low, he only needed 12 of the 23 grand jurors to vote yes to indict, and they have, there will now be a trial. the manhattan district attorney alvin bragg said they believe there was enough evidence. witness interviews, photos, videos, in this case, to prove that penny recklessly
case and what the and he was there was a and they also settled a russian tanker that in karachi on sunday and that is packet study perspective they can get hold of any oil and if they don t have to pay in us dollars that is welcome. of course it is controversial because western countries have imposed sanctions on russia for its invasion of ukraine, so it all oil exports have been restricted. they have announced a price cap of $60 a barrel. pakistan has been negotiating with russia for months to get discounted oil. a short while ago the petroleum minister said that they are going to pay in the chinese currency. that is again a benefit to pakistan because foreign exchange reserves have dropped below $4 billion and now they are looking for ways to pay. this all against a pretty weak economic picture for pakistan. it is facing a lot of economic trouble and therefore it needs this cheap energy. at the same time i wonder what needs to be done to try and set the economy back on an e
the most revly traveled countries in the country. a tanker truck erupted between an i-95 overpass and spread to the lanes above that. high heat caused them to buckle and melt and eventually cause sections to crash to the ground. bill: a mess and still is. crews got the fire under control in an hour. the damage was done. the governor of p.a. set to issue a disaster declaration later today. one car remains trapped beneath that collapsed roadway. listen to this driver earlier today. watched it unfold and described what he saw. hit a bump, again not unusual because it s philadelphia and that section is under construction. after coming back knowing what i knew at that time, that the highway collapsed, you see there on the video i hit a bump that was essentially the road getting ready to collapse. bill: we are on the ground in philadelphia. how are they looking today? bill, good morning to you. we re not far from the scene of the collapse. look at the charred southbound lan
one weekend in march, and now we ll see two cultures colliding. there are likely to be manyjob losses, staff will be bracing for those. however, as you say, the boss of ubs has said, look, we have a lot of opportunities here as well, and of course it does mean that ubs is able to access key markets in wealth management that it would have taken years to do had it not taken over credit suisse. and of course the deal reached with the swiss government effectively for the government to back around $10 billion of losses that it could see when it sells of chunks of credit suisse s business, will have helped sweeten this deal. it is going to have a fight on its hand but arguably, credit suisse s footprint does mean that that is probably going to be easier to at leastjoin the fight now that it has all of these assets under management and of course, has already established partnerships around the world. so certainly that will be the ambition. it s a big ambition. i don t think necessar