time now, beijing has been failing to comply with its obligations. as nato leaders wrap up their summit in madrid, president biden says the united states and its allies will stick with ukraine for as long as it takes. sri lanka s worst economic crisis deepens the island is close to running out of fuel. and temperatures in japan are the highest in nearly 150 years amid fears the electricity grid could be overwhelmed. live from our studio in singapore, this is bbc news. it s newsday. hello and welcome to the programme. the us supreme court has issued another landmark ruling this time, limiting the government s ability to regulate emissions from power plants. it marks a victory for the coal industry, but the united nations has described it as a setback in ourfight against climate change . from washington, here s our north america editor sarah smith. in california today, wildfires burning out of control are a vivid reminder of the urgent need to take action on climate change
Gainingghai composite. 2 . In the green, continuing that momentum we are seeing across asian markets. We are seeing materials lead gains in asia. Take a look at the chinese 10 year. This is not updated. A survey of fixed income traders, they all expect the bond market in china to end its losing streak, the longest in six years, and may see gains in the latter half of this year by about the Third Quarter of this year, that sovereign debt rise and weekly see yields falling to lower levels than right now. They are predicting that 10 year yield will drop to three point 4 , the deleveraging efforts beoing in china might reversed by the fact that traders are getting used to ander rate in china, talking about materials leading the gains across the asian session, metals continuing in their rally, the subindex gaining or a fifth consecutive session, copper at the highest level in more than two months, a bit of a diversions since the e gold hast year whil stagnated. There was a correlation analy
That . It was earlier than that. Yesterday afternoon that dropoff in oil was stunning. The one thing that has not fallen yet is gold, hovering at 1200, but that is the critical spot. We will do a data check in a bit. Factories cut prices the most in a year. You can see why the euro is down given that action. Change atployment one thirdcuts about of the paychecks for workers. When you factoring and Construction Data manufacturing and Construction Data, and throughout the day we will get auto sales figures from the Auto Companies around the world. Obama hosting Benjamin Netanyahu at the white house, and secretary of state kerry will be meeting with his chinese eng yirpart w. Below 17to sales, just million. Lets do a data check. There is a lot going on here. Futures at negative two. It is grinding in to four digits. Ow, 2. 4789 that bears close watching. There is the euro that adam was 1. 2615. About at at 91. 610. The vix showing a relatively resilient equity market. 109. 78. It really g
With lester holt sub. Substituting tonight, Peter Alexander. Good evening. After this already relentless weather, Severe Weather is punishing much of the country tonight. More exhausting cold and snow. Thousands of flights grounded and ice producing dangerous conditions for drivers. To give you some perspective, right now nearly twothirds of the u. S. Is blanketed by snow and boston is bracing for its snowiest season ever. We begin with kristen dalgren. Reporter in minneapolis today, drivers were going nowhere fast. I got the car stuck now. My wife ran it down and we cant get it up the driveway. Reporter at least 6 inches of snow catching a lot of people off guard. I cant believe it accumulated so fast. Reporter getting around was down right hazardous. In raleigh, missouri crews finally have i44 opened after this pileup on saturday involving at least 25 cars trucks and a greyhound bus. In Virginia State police were working at least five separate crashes on route 60 alone. Near boston a
Workers at the damage. She was dying to plant their mammoth job stopping the building and leafy of radioactive water. A vocal critic of the way the Chinese Government treats and ethnic minority has lost his Freedom Police detained an academic who has been speaking up for the rights of the wee gers our friend ezekiel uncle t says dozens of Police Officers raided his home and ageing and to give away their friends as officers seized his computer and mobile phone to ot criticized authorities for blaming a deadly car crash near Tiananmen Square on a weaker Separatists Group he said they did not have enough evidence for their claim that leaders have launched an organized and premeditated terror attack Security Officials reportedly later threatened him by ramming his car Chinese Foreign Ministry Spokesman always has told he is a crime suspect the outcome. Soon he is suspected of committing the crime. So the police have detained him in accordance with the law. The relevant authorities will inv