Designing also, caution is in the air as President Donald Trump prepares to address the nation and the world. He will call for unity after a deeply divisive year. Yvonne just starting things off with breaking news out of south korea, Industrial Production numbers missing by a longshot here, here are your numbers, falling 6 for the month of december. We were expecting that we would see a bit of a rebound here of a contraction of 1. 5 . We were expecting in october 6 soe saw that plunge in we have not seen the momentum yet when it comes to these numbers even though export growth still remains quite strong. There is a lot going on with the south korean economy in general. Something to watch here, the month over month numbers not looking good as well. The territories down half of 1 . In the meantime, we have been talking about the red across the screen for the last 24 hours. We are expecting day three of decline here in the asiapacific. As we mentioned, we saw a Global Equity in general. S
Counsel Robert Muellers investigation. The pair pleaded not guilty to a dozen charges including Money Laundering, conspiracy against the United States. White house chief of staff john kelly said he was not worried following the indictment. Everyone is presumed innocent and staff is very comfortable. The vast majority of the staff would have nothing to do with this kind of thing, so there is no worry about it. We been saying since day one there is no evidence of trump Russia Coalition and nothing in the indictment today changes this at all. Maria Technology Takes executives from google, facebook and twitter set to testify over the thoughtful impact russia had on the election. The latest as they spoke once than 120 Million People may have been exposed to content backed by russia. Earnings of mostert among the top names. Aetna and pfizer earningspershare top expert patients. Take a look at those stocks over the last three up 11 as the deal was announced the cvs as well. In the u. S. , loo
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
The border tax is dead. This was one of the Critical Issues in tax reform. This was about trying to keep tax reform revenue neutral. One of the ways was a border adjusted tax. About thisn talking 20 tax rate on Companies Domestic sales and imports. Staunch opposition to this. Paul ryan is telling republicans that border tax is dead. The question is, if thats the case, how are they going to finance tax cuts . Are they going to be just shortterm, not permanent . Otherwise, youre not going to be able to keep it. Scarlet thats the big question mark. This was predicated on replacing obamacare. Thats not forthcoming at the moment. We have bloomberg reporting that steve bannon has proposed increasing taxes on the highest earners. Perhaps thats another way of doing it. That is something paul ryan loved. Wasa a trillion dollars it supposed to raise. Try finding that somewhere else. Scarlet its a tricky one. Look under the covers. Julia we will bring you further headlines on that as we get them.
Russian river has overflowed its banks. The once pristine shoreline now awash in a sea of mud and deb s debris. Residents many of them living in tents, moved out before the flooding. Its spectacular to see the river come back and north nature say you occupy a lot of space here, but im in charge. Reporter down the road to the west, the river bend rv park is largely under water. Fortunately, not before most of the rigs relocated to higher ground. I live in santa rosa, but this kind of thing interests me and i like to take pictures of it so i came out to take a few snapshots. I think its going to get worse, right . More rain, could get higher . Well see. Reporter on the uphillside of river road, it was a tree that snapped in half and landed on this house. At least it looks superficial, not too much damage. Thank god it was vak angcant an one was in there. Reporter the folks who live in this area know how to take events like this in stride. People that live up here, they know its going to