The japan has struggled to shake off the impact of last april. Shinzo abe is expected to put off another tax hike to next october. The tax may not be imposed until 2017. Of more a lot of talk sanctions on russia. European Foreign Ministers are meeting today to discuss expanding a list of individuals being targeted. Meanwhile, russia hospiras in a, Vladimir Putin, left the g20 they toldposco prudent to quit arguing quit Arming Ukrainian rebels. At one point he ended up leading lunch by himself. He was Prime Minister David Cameron. If he continues to destabilize ukraine, there will be further sanctions, further measures, and a different relationship between European Countries and america on the one hand and rush on the other. Guzan says he left brisbane early to be at work this Vladimir Putin says he left brisbane early this morning to be at work. He said it is a long flight from moscow and he needed sleep. Families of those killed or injured in crashes with faulty ignition switches will
Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew speaking at the conference. Among the other power players attending, gm ceo mary barra, actress and entrepreneur jessica alba, a. Mex ceo. Well bring you those interviewing throughout the day. Acquired a 5. 1 stake in staples. The hedge fund has also boosted its holdings in office depot. Its move to call for a merger of these two companies. Economic data on the calendar today will get claims. The
The dax in germany, up 2 . The cac up by 2. 5 . The ftse up by over 1 . Greece is the lone decliner here, but they have their own issues. U. S. Equities are coming off their best day of the year yesterday. The vix dropping 18 just on yesterday alone. That socalled fear gauge, its the biggest drop of 2014 for us. Among the catalysts and bulls charged with the fed decision to sound much more dovish than anyone expected. Also, falling oil prices. In fact, things stabilized a bit yesterday. Oil moved higher yesterday and that did help out some of the Energy Sector stocks in particular. Lets listen in to janet yellen talking about the Central Banks pledge to be patient on rates. The number of Committee Participants have indicated that in their view conditions could be appropriate by the middle of next year. But there is no preset time and there are a range of views as to when the appropriate conditions will likely fall in place. So that is something we will be watching closely as the year u
Mary. She has been at the company a long time. She has definitely got her hands wrapped around what is going on there. She is in control. The problem is, as a pr issue, it is difficult. That has been their problem. We have other headlines. Lets get caught up. Lets do that. Shall i . Areines flying to russia being warned to watch for tubes of toothpaste that could contain materials used to make bombs. I had a tube taken away last week. Two big . Yes. According to an official, the alert went out yesterday. Just ahead of the games pulmonary events. The opening ceremonies will kick off tomorrow. I cannot believe we are there. Declinedctory orders in december on weaker domestic demand. Orders adjusted for seasonal swings in inflation dropped from november. The numbers signaled that companies in europes largest economy remain hesitant to invest. House republicans are narrowing a list of conditions that they would seek in exchange for votes to raise the debt limit. Leaders have concluded that
Alcoa kicking off earnings season. Europe was missed and the nikkei was up about 1 . Our road map begins with history in the making. The president set to nominate Federal Reserve vice chair janetijanet i yellen to be the new chairman of the Federal Reserve. If confirmed, shed be the first woman. Young, costco and Family Dollar all down after issuing disappointing results. First up, though, history is about to be made in washington. The president will nominate fed vice chair janet yellen to replace chair ben bernanke. If confirmed, shed be the first woman to head any major world central back. The official announcement taking place at 3 00 p. M. Eastern time in the east room. Jim, its been said theres one less uncertainty that we have to worry about. Breathed a sigh of relief. I felt a sigh of relief because its just nice that something came out of washington that, well, just happened and immediately we saw reaction that, well, corker, my love because he comes on squawk might be against.