Due to the president s plans to simplify the pension system. Macron wants to streamline the unwieldy program made up of 40 different retirement plans. That coming up. Three leading legal scholars in the u. S. Think Donald Trumps push to get ukraine to investigate his democratic forls is ground impeachment. A fourth expert brought in by the republicans refuted that claim. Coming up in business, pope francis retirement system compares to pension schemes across the rest of europe. Our reporter standing by with more. Despite the nationwide strike action, the Southern City of lyon is still getting lit up with its incredible festival of lights. A closer look at some beautiful eliminations, coming up. First, the very latestst on the french strikes. Here in france, the countrywide walkout by Public Workers includes teachers and hospital workers. It is one of thehe biggest stris in this country in decades. It shut down the eiffel tower as well. The stories could go on for some time, with people
Welcome to hardtalk, im stephen sackur. The British Governments Brexit Strategy can be summed up in new Prime Minister borisjohnsons three word phrase do or decline. The uk is leaving on october the sist the uk is leaving on october the 31st he says, deal or no deal. Right now a deal between london and brussels appears unlikely, so what about the alternative . Well, my guest is iain duncan smith, former conservative party leader and ardent brexiteer. Can Prime Minister johnson deliver a no deal exit and what will it mean for britains politics and economy . Iain duncan smith, welcome to hardtalk. If i may, let me begin by quoting to you the words of an eu official in brussels uttered just a couple of days ago. A no deal exit now appears to be the uk governments central scenario. Would you agree with that . In the sense that the government has made it clear they think the existing Withdrawal Agreement is dead, unless there is major surgery to it, and there is major surgery to it, and the
And we celebrate a0 years of christmas classic, the snowman, and its iconic soundtrack, Walking In The Air. Good morning. Its Christmas Eve. Our top story. Around 250 Million People in the us and canada are under Severe Weather warnings, as an unprecedented winter storm sweeps across North America. From alaska to texas, bone chilling temperatures, blizzards and icy winds have caused widespread disruption and left more than a million homes and businesses without power. At least 12 deaths have been linked to the conditions. Tom brada reports. Once ina once in a generation whether out of the worst possible time. Ice, wind, rain and extreme cold are Wreaking Havocin Rain and extreme cold are wreaking havoc in the build up to christmas. Trees have been ripped from the ground and power lines have been knocked out across the country. From maine to texas, more than i Million People are without electricity. People are very frustrated because we pay our bills. All day it has been going in and ou
House. Nightly news begins right now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news with lester holt. Good evening. A lot of investment portfolios including retirement nest eggs shrank today when stocks took another stunning fall. Experts warn we may need a strong stomach because this up and down ride is likely not over. The trading day started with a dramatic freefall. The dow dropping over 1,000 points. And after some halfhearted rallies ended down more than 3 1 2 off 588 points, the nasdaq and s p, down almost 4 . Lets drill down on why this is happening and what it means to you. Well bring in jim cramer to talk about it in a moment but first cnbcs carl quintanilla. It was a stunning drop for a stock market that really hasnt had one in years. But this wasnt about the u. S. Economy faltering. Its about the Global Economy losing steam. It was by wall street standards an historic drop. The dow falling by more than 1,000 points at the opening bell. Tit
Giving them a heart tha stts what it may some. By the way, lester, ird consecutive drop of 300 or more points. The number of times its done that in history, zero. Lester . Carl quintanilla, lets bring in your colleague jim cramer, the host of cnbcs mad money. At this through our own set of lenses, through our stage in life, how close we are to retirement. What should we do before we start moving decisions . Well, first, if youre 100 invested, mistake here. I do believe theres more down side. If you are borrowing money to own stocks i think youre really on the wrong path and youve got to sell tomorrow no matter what. But otherwise, lester, if youve got cash on the sidelines, depending upon your age, youve got some options. We should go over them. I think there are some great opportunities here. Youre suggesting theres more down side, though, in the near future. Play this out. Just play the week out for me. What do you expect . I think this is a contagion, in other words, were importing