Percent for the year that was earlier in december before the end of the year so were still looking back at that time going to comparison some 899. 00 youre. Indicating or inferring bubble like qualities i would imagine and it does look bubblicious you know but these are the rest of the world is a dire straits other you know also think about it the venezuelan stock market was up spectacularly recently since you said that im going to jump ahead to some a few another tweet tweet here to indicate what might be happening the rest of the world might be in distress but the fact is the u. S. Federal reserve bank has been printing enormous amounts of money and its going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last 2. 00 weeks the 2019 here were in 20202020 but theyre still printing the last 2 weeks of 21000. 00 a printed 450000000000. 00 their assets at thei
After he dies at the age of 59. And coming up in the sport on bbc news. Ryan giggs is set to be named the new wales manager later. Hell replace Chris Coleman, who stepped down after failing to qualify for this years world cup. Good afternoon and welcome to the bbc news at one. The construction giant carillion has gone into liquidation, putting 20,000 jobs at risk in the uk. The company has huge debts and has failed to secure a Financial Rescue from either the banks or the government. Carillion is involved in Major Projects such as the h52 high speed rail line. Its responsible for many Public Services including hospitals, prisons and schools. Now the government is facing questions about why it handed Public Sector contracts to the firm after it had issued profit warnings. Heres our business correspondent, simon gompertz. The bigger they are, be harderfor eve ryo ne the bigger they are, be harderfor everyone when they fall. Carillion was the new name for a huge business taking in age old
Of disease among Rohingya Muslims in the worlds biggest refugee camp. Im in the kutupalong refugee camp, where people are living in the most and many tributes for cyrille regis, the man who led the way for black footballers in britain hes died at the age of 59. Its five oclock. Our main story is the collapse of carillion, the Major Construction and outsourcing group which is involved with some of the biggest public building projects in the uk. The business, which employs 20,000 people in the uk, went into liquidation with debts of £900 million. Its involved in projects such as crossrail and the h52 rail link, as well as cleaning and maintenance contracts for schools, prisons and hospitals. The Cabinet Office minister David Liddington has told mps that protecting those services would be the governments priority. Labour is asking why the government awarded major contracts to carillion even after it was clear the company was in difficulties. 0ur correspondent Simon Gompertz has the lates
Company, about succession and more. Apparently that race is down now to two guys. Yeah. Well take a look at who they are and why they are potentially his successors. Lots of good questions there. Meantime, stocks are rallying on the first trading day of the month, and even though they are coming off the best month since october 2011. The big market story here is the nasdaq hitting 5,000. Remember, it was 15 years ago this month on march 10th 2000 to be exact when the nasdaq hit its peak. March 2009 when it hit its low. We Team Coverage for you. Melissa lee on why it is different this time around. Bertha coombs on what the fax 100 is telling us. Are first, dominik chew standing right next to me looking at the stocks that got us here. Dom, what are the names . I mean over the past year there have been stellar runups. Obviously, when were at 15year highs for the nasdaq a lot of companies have to contribute but its a market cap weighted index, and these are the stocks that have big market
In Disaster Relief for those members of our fishing community, so many of whom have had their whole livelihoods taken away from them. And this Disaster Relief money is going to help them during these difficult times, help them to recover, to rebuild what i believe is one of the most critical economic sack ters still in new england. Its one of the oldest, certainly. Im also pleased that this bill reverses some of the reckless cuts from sequestration and instead it makes important investments in the friewrt of this country, in our education, infrastructure, in science and innovation, and yet it also makes strategic cuts. For example, one of my favorites in the bill is that it prohibits taxpayerfunded expenditures on Oil Paintings for public officials. This is an idea that senator coburn and i have been work on over the last year and i think its exactly the kind of Government Spending that we need to get rid of. It seppedz sends a message, a. Even though its not a lot of money, its symbol