Remove me steps down after thirty seven years in power so what next for zimbabwe well ask our correspondent in the capital harare. And a verdict is due this morning in the war crimes trial of rocco blondish the serb warlord who terrorized balls new in the one nine hundred ninety s. Is expected to be convicted today for the last genocide committed in europe. And failed Coalition Talks are looming large over german politics will ask the deputy leader of the social democrats why his party isnt stepping up to form a government with on the back as conservatives. Well im terry Martin Thanks for joining us. Elation on the streets of zimbabwe citizens have celebrated late into the night after president Robert Mugabe and now its his resignation ending nearly four decades of rule the shock announcement followed a to mull truest week that saw a military takeover mass demonstrations and a desperate move they clinging to power in the face of impeachment proceedings. To me and relief on the streets
Republicans as he rallies support for the Senate Tax Bill ahead of a floor vote later this week. Its going to be a tremendous tax cut, the biggest in the history of our country. You have to pay a lot less tax. People have great receptivity. Weve have great spirit. I think that number will be substantially higher, but at these 4 trillion, which will immediately be put to work in this country. I think the tax bill is doing very well and i think republicans will be very proud. Maria the latest as the white house pulls all the stops to get this done by the end of the year. Marcus look like this. Dow industrial to a been a better than 30 points. Fractional move as the s p and nasdaq also in positive territory. In europe, look at the indices up again across the board. Ft 100 up one half of 1 as is the cac in paris at the third of a percent in germany. Meanwhile, in asia overnight, markets were mixed at the close reaching hack about that as is the cost in korea. Japan and hang seng flat on th
South Africa Jacob Zuma his party meets today in another bid to oust him from the presidency it could be the end of his political career the new leader post a sixteen and pushing him out. Knitting for the war effort most turks support the countrys offensive against kurds in syria those who dont are being targeted by the government. And in football vertebrae in rebounding will have the highlights from that point of the match. Almost comical to have you with us in her first interview since clinching a deal for a new government has a question for him or said she would step down early to make way for a new generation of leaders the german chancellor has faced growing dissent from within her own party as just to put together a new Coalition Government well talk about that in a moment but first this report. Angela merkel hits back critics she has vowed to stay on. The for years what a help promised and i am one of those people who keeps their promises matterless come under criticism from wit
Washington about the massive spending bid are the bond vigilantes back power lunch starts right now good afternoon and welcome to power lunch. I dont know about you, but i cannot remember a week quite like this one. Another day of wild swings on the dow. Worst week on track for since october 2008 during the financial crisis the dow and the s p 500 hitting correction territory. They are off 10 from the recent highs and nasdaq darn near close to it. Tesla touching bear market levels, off 20 from its recent high fedex, ups, taking hits on the reports that amazon is now going to muscle into their territory michelle. Well see on that the latest on the topsyturvy friday lets get to bob pisani on the floor of the new york Stock Exchange. We are off the lows lets look at sector were getting a flight to safety in the ten year bond and reits beaten up, Leadership Groups and banks count them in the middle but industrial and energy and materials, the growth sectors, they are the ones that are gett
Leaderboard. No bubba watson. Its right behind you there it is there it is. Caterpillar, apple moving up, boeing, intel, verizon, theyre all there. Mandy is still down under. Kayla tausche down on the floor of the New York Stock Exchange. Great to be with you here on this monday afternoon. We are watching the dow snapping that sevenday losing streak. Also seeing its first 200pluspoint gain since the middle of july. Bob pisani is here with me on the floor to look a little bit deeper into what exactly is pushing the markets higher. Is it all industrials today . No, it is pretty broad rally. 41 advancing to deshriclining stocks. Seven days down in the dow industrials. That doesnt happen very often. Were due for a bounce. Theres hopes for stimulus in china for all the wrong reasons. Look what happened to china today, both shenzhen and shanghai up 4 to 5 . Economic data was very disappointing overall here. Ppi and trade numbers were terrible. But shenzhen and hang shy both rallied, hong kon