Fastest pace in three months. I think probably the fed needs to be here, but the october number is the one you want to look forward to. Lets get the totals of what we learned today. It is kind of a good news, bad news day in terms of the economy for some we have had one good, one bad, and michigan is kind of neutral. Retail sales of 1. 9 in the month of september, much better than the forecast and much better than the. 6 gain the month before. Retail sales, ex autos also big. Car sales were strong during the month. And then we look at the control group, the part that goes directly into gdp, and that was percent inly up, 1. 4 august. In august it was down by. 3 . A significant boost for retail sales in the u. S. Economy in september. On the other hand, that news on the manufacturing side, Industrial Production falls. 6, a lot of that because airconditioners were switched off, utilities went down. When youre factoring production surprisingly went down by. 3 . That was the bad news for to
President trump refuses to commit to if he loses the election. He says he could try to accelerate the vaccine approval process ahead of november 3rd. Just 6 00 a. M. Here in the si of london. Ma us in is off today. Lets get a look at the markets. The nasdaq dropping below 3 . The benchmark in asia down more than 1. 5 . Futures, there you all in the red. Move over the board. Lets look at what happened across as set. The dollar still on course for the strongest week since april. Were up. 1 of a percent. Trading below 1900. Citi says more upside. And Morgan Stanley taking the flip side. Well talk about that later. The crude just under 4 a barrel. John authors hes without a piece. He says this bout of stock market angst looks much darker. Earlier sell offs is an intent to correct excessive prices in companies. Dominant he said we took things too far as we might have taken things in completely the wrong direction. Lets digest all of this with georgette, senior analyst. We had this selloff.
The freeman foundation. By judy and Peter Blum Kovler undation; pursuing solutions for americas neglected needs. And by contributions to this pbs station from viewers like you. Ank you. Welcome to outside source. Has given a blistering respoe. The the European Union has given their blistering response. It says it will take legal action unless thes u. K. Ba down. Pretty strong when it comeshe tou that was strong language. Images like this people say looks like something out of blade runner. Crazy. 11 15 in the morning and it is like the middle of the night. Finding shelter for thousands of migrants. And an indepth look at the continuing ravaging in china. Right. Latest development in the brexit story. Uthe europeon is threatening to take legal action over its controversial new legislation. They want to ignore last years withdrawal agreement, which they signed. They want to change matters concerning the european island. The European Union says that would be an acceptable. This is their v
The detention of muslim uighurs. Voiceover live from our studios in singapore and london, this is bbc world news. Its newsday. Good morning. Its 8am in singapore, midnight in london, and 6pm in chicago, where the aircraft manufacturer boeing has announced it will temporarily halt production of its 737 max aircraft, which has been the subject of intense scrutiny following two fatal crashes. The move which will cost the company billions of dollars was made by the company at a Board Meeting in chicago in the last few hours. The best selling boeing aircraft has been grounded since march after two crashes in indonesia and ethiopia, which killed 346 people, costing the plane manufacturer more than 8 billion in charges so far. Our Business Reporter Samira Hussain has the latest on boeings decision. Well, it was not a decision that anyone was expecting a few weeks ago. But certainly there were rumours swirling for the last few days that perhaps the plane maker would ultimately have to make thi
We appreciate your spending your time with us. My name is dan hamilton, im a professor here at Johns Hopkins, Foreign Policy institute fellow. We have a post doctoral fellows. We are delighted today help publicize it in the first public release of the book. So shes here as a post doc fellow has this new book. Pretty timely. And shes been working on it with her colleagues in europe on those questions. We thought the context of the book would be good to talk about very timely issue now, which is whats going on with brexit. What does it mean, not only for the uk and the e. U. Member states, but also for broader Security Issues, which will start to affect, of course, the u. S. Interests quite intensely. So what well do is i will just briefly introduce the speakers. Youve had an invitation and so on, more about their backgrounds. But just to keep it brief, ive got cornelia to tell us briefly about the book. Then were going to go to two colleagues, the assistant professor here who does work