Were talking about the headache for finance ministers the exclusive interview with the treasury secretary jack lew. Tom i sure david westin will touch with the secretary on the global slowdown. We are certainly seeing that in the markets. Also, the idea of is america buffered by the oceans and of mexico and canada . Can america stay removed from some of the challenges . Thouge markets are on the move s morning. Is the world extremely globalized when we see nations such as the usa into u. K. Wanting to be more in sealer. Insular. Trump pushes closer to the nomination with a victory in nevada. Marco rubio and ted cruz were battling it out for second place. Pointsan 20 percentage behind. He spoke at a victory rally in las vegas. Mr. Trump if you listened to the pundits, we were not expected to win much. Now we are winning the country. In june, the country is going to start winning, winning, winning. Announced ons super tuesday more than one dozen states and territories will hold primaries
And our chief washington correspondent peter cook tells us how john boehner is pushing back against the call to shut down the u. S. Government. We get to those stories in a moment. First, to our top story. Learned thews has European Central Bank Governing Council will consider proposals next month for broadbased asset programs that would include sovereign debt, according to two euro area centralbank officials familiar with the deliberations. This comes as ecb president mario draghi unveiled what he called substantially lower forecast for inflation and growth. Latest microeconomic projections indicate lower inflation accompanied by weaker real gdp growth and subdued monetary economics. Ecb holds its next Monetary Policy meeting on january 22. Russian president Vladimir Putin took aim at the u. S. And the European Union today in his annual state of the nation address. He said both wouldve imposed economic sanctions on russia, no matter what happened in ukraine. He says their goal is to h
Higher. Heres the big stories you need to know about this morning. Greece topping your headlines. Athens widely expected to ask for an extension of a loan deal with the euro zone. Well talk about the implications of that. The bank of japan leaving it unchanged. The worlds third biggest economy is on the lend. By the way, the nikkei 225 is up 4 this year. Here at home a number of economic reports are set to role out this morning beginning at 8 30 eastern when we get the january Producer Price index. Housing starts as well as Building Permits. Later on in the morning we get Industrial Production figures and breaking at 2 00 p. M. Eastern time we get the minutes from the last months fed meeting. Thats at the top of the power lunch which im told is a fine program. I saw that in the prompter. Did you write that into the prompter . I script everything. Lets tell you whats going on. Fossil with weaker than expected earnings revenue and offering a less than rosie outlook. The company cites a d
Exchanged information over years. Well the people the e. U. Competition commission emigrate to wanted to send a message that the European Commission will not tolerate anticompetitive behavior. Today the commission has decided to fine seven companies a total of five hundred sixty four Million Euros for taking part in fort different act cartels relating to carse and three other Companies Involved in these cocktails well they excrete us getting a fine because they came to us to reveal the contests in the shipping industry the fines affected chilean car shipping carrier three japanese carriers as well as a norwegian swedish carrier together they formed a deep sea vehicle transport cartel for almost six years. In the Automotive Parts industry germanys bosch and two Japanese Companies ran a cartel supplying spark plugs to european car makers but it was also involved in running another cartel fixing brake system prices. Companies can escape fines through the e. U. Commissions leniency policy
European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.