Recognition Surveillance System. For portos strike. Describes a rival fans as idiots after being targeted with racist abuse international walked off the pitch in protest during the game in portugal. Chinas military is sending hundreds of doctors and nurses to work on the epicenter of the outbreak as the country grapples with new cases of more deaths from the corona virus the numbers are huge take a look at this truck from the John Hopkins University now the red circles show the extent of the outbreak in china alone nearly 2000 more infections were reported on sunday bringing the total on the mainland to over 71000. 00 more than 1770. 00 people have died so far the World Health Organization is sending its own team of experts to beijing in 2 provinces there and for the 1st time in recent history china is considering delaying its annual congress the years biggest political meeting. Japan has come for 99. 00 some of the infections on board a quarantined cruise ship in yokohama ports and th
Markets. Through lets whip some of these Asset Classes. A soft recession to europe when i got an early this morning. It has come back a bit further now. Market, shining bright red is sterling. About toright now, are break it. The flask pmis, ugly. Given team is quite a number cents 2009. Down for itk that we havent seen these number sense 2009. Well break it down for you in a minute. About threeown basis point. We will guide you to the markets to the rest of the hour. The worlds go around for indepth coverage over our urtire story all of o stories. Nejra is in london with the havoc wreaked on the u. K. Economy. We are joined in the public and National Convention the republican National Convention in cleveland. Like asurface it looked pretty stellar quarter. Sales were about 33 billion. Theis the stock down on report . Some expectations, they did beat expectations. Wasand gas was weak, but i worried about it being weaker. It is more about expectations and actual results. Alex where did
delay over the individual mandate? gregg: right. you have in every poll consumer ignorance, consumer anxiety the city, and as you pointed out anxiety the city, and as you pointed out, a gift to the businesses who employ workers, why shouldn t they get another break. so i think it is a better political position for the republicans to be in than the one they re in now over something they can t do, and can they really shouldn t shut the government down. gregg: a delay would arguably help the white house because the wall street journal, big story today, they say the pricing software on the exchanges doesn t even work which will affect 32 million americans in 36 states. i mean, already it seems like the obama administration could use that delay to try to fix autoproblems. a.b. stoddard, thank you so much for explaining the procedures and how you see this thing going. appreciate it. thank you. gregg: you can get much more information on obamacare and the budget fight at our brand new
americans. they have no safety net left. also, the payroll tax is going to go up. you know, people keep talking about this as a slope and not a big deal. it takes a while for the full impact fob felt. we ransom numbers and to give you a sense of perspective on this, a family with two working parentses making $82,000 a year. all the tax hikes they experience, it will add $6,000 a year to the tax bill. that s not nothing. that hurts people in the middle. in addition, we get the consumer confidence stuff. according to a recent study, the fiscal cliff gridlock in washington has taken a tol. a new survey by the conference board shows levels in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. the survey indicates that consumer anxiety stems from worries about the fiscal future and not from the current state of the economic.
to take a step back here, what you have in washington is fundamentally a republican party at war with itself. you have democrats who feel that they don t need to negotiate because they won an election. while both of those situations may be understandable, the system has broken down fundamentally. we have to go over the cliff and see taxes rise, and then maybe, maybe they ll understand that they re there working for the american people and not for themselves. i don t think that will happen. according to the study it has taken a toll on the consumer confidence. a new survey shows consumer confidence leveling in the first half of december falling to the lowest level since august. an unexpectedly sharp decline. they say consumer anxiety stems from the country s fiscal future, not from the current state of the economy. let me ask you. you walk around a lot. does anybody, say, what s the story on the fiscal cliff, or