Weve learned that house gop leader Kevin Mccarthy is expected to meet tonight, very soon were told, with congresswoman Marjorie Taylor greene, who is under a lot of fire for spreading Conspiracy Theories and extremist social media lies and posts. Among those criticizing her, Senate Minority leader Mitch Mcconnell, who slammed what he called her looney lies saying theyre, quote, a cancer on the party. Meanwhile, both sides have filed pretrial briefings just ahead of former President Trumps upcoming Impeachment Trial next week on the floor of the u. S. Senate. They say trumps blame for the attack on capitol hill is, quote, unmistakable. Trump says the senate has absolutely no authority to try an expresident. Lots going on. Lets given with our coverage on capitol hill. Manu raju is joining us now. Republicans are piling on Marjorie Taylor greene ahead of her meeting thats coming up, were told, fairly soon with the house g op leader. Yes, Senate Republicans are piling on Marjorie Taylor gr
I will welcome you watching r. T. International with me. Now so ok is that to be carrying out attacks on the syrian army in northwest syria follows the death of 33. 00 turkish soldiers in italy a province according to turkish officials dawn of takes a closer look at this sudden escalation. Situation in the northeastern syrian province of idlib has been hated so far and lately turkey has been saying that more than 30 of its troops have been killed they say that the fire has originated from the syrian army now again just a disclaimer all that we know so far comes from the turkish side the syrian army is yet to comment but turkey is adamant i mean they hold no punches they are saying is that its the syrians who have killed their troops and theyre saying that essentially now they are designating all syrian soldiers as enemies turkey is determined to continue to it for phils its objectives in accordance with its legal rights the murderous regime and those who encouraged it will account for
A congressional hearing in which case that will. Well break down the shake up at one of americas largest banks a lot to get here on a very busy day so lets get started. On oil lost as much as a 3rd of its value monday in its biggest drop since 1901 gold war fell to 30. 00 to 30. 00 per barrel as saudi arabia launched a price war with russia after the 2 failed to come to an agreement at its vienna meeting russia declined to agree to production cuts that have artificially kept Oil Prices Steady officially russia said it wants to wait and see what the Coronavirus Impact on demand is before agrees to cuts on officially russia is angry about u. S. Sanctions of Russian Energy Company Rosneft and attempts to stop the north stream to pipeline to germany by flooding the market and sinking prices russia sees an opportunity to crush the us shale industry which is dangerously levered to the hilt russia is also fed up with cutting production outputs timeout that time while u. S. Shell producers eac
Demand a Global Movement to divest from fossil fuel and crushing debt loads the industry has about 86000000000. 00 of rated debt due the next 4 years and as analysts have warned before below 50. 00 per barrel Many Companies will be unable to service their debt obligations this in turn has the Banking Sector as these Companies Start defaulting big banks including j. P. Morgan city Group Wells Fargo and goldman are down between 9 to 13 percent today as the selling pressure intensified across all sectors u. S. Markets triggered a 15 minute halt at the am the dow fell over a 1000 points as investors continued to seek safer assets the yield on the 10 year dropped below 0. 5 percent for the 1st time ever in the history crude prices have become a bigger problem for the markets than the coronavirus now as itll be virtually impossible for the s. N. P. To bounce when the Energy Sector is down 15 percent. Interestingly enough gold the defacto safety asset is not spiking instead it is trading flat
Warned before below 50. 00 per barrel Many Companies will be unable to service their debt obligations this in turn has the Banking Sector as these Companies Start defaulting big banks including j. P. Morgan city Group Wells Fargo and goldman are down between 9 to 13 percent today as the selling pressure intensified across all sectors u. S. Markets triggered a 15 minute halt at the am the dow fell over a 1000 points as investors continued to seek safer assets the yield on the 10 year dropped below 0. 5 percent for the 1st time ever in the history crude prices have become a bigger problem for the markets than the coronavirus now as it will be virtually impossible for the s. N. P. To bounce when the Energy Sector is down 15 percent interesting way enough gold that defacto safety asset is not spiking instead it is trading flat someone down indicating that people are selling with. Well prejudice this type of broad based sell off is indicative of a cash crunch and that leverage funds are rec