Sovereign debt. And a slowdown in australias mining boom catches up on revenues. It sent the nations deficit looming well past earlier forecasts. Plus, the prognosis with doctors, less than healthy. Gsk will stop paying doctors for promoting its drug, a first for the pharmaceutical industry. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome. Youre now watching cnbcs worldwide exchange. Plenty to get through on todays program as we get into the christmas and new years spirit. Will there be much cause to celebration as far as assets are concerned . Well speak to an expert who is advising caution on european equities in around to minutes. After months of rapid gains, the u. S. Housing market appears to be well on the way to recovery. But buyers beware, the seconder could cool off. Were going to check on housing at 11 00 cet. As glasso smith cline announces a shake up in its policy to promote drugs, well take a look at pharmaceutical
Newtown, connecticut. This is the day that the students go back to school after one of the worst School Shootings in the history of this country. The School District is sending its children back but the school in question, no. The kids from sandy hook elementary are not going back to class today. They wont be going back to class for a while. They will go back to a school in a neighboring town in monroe. It is being readied for those children and they will return. As others have returned on a twohour delay today. All of this as this town buries yet another of its dead. A 6yearold girl, jessica rekos. Her family will lay her to rest today. And just so you know a little bit more about that little child. She loved horses. She wanted a cowboy hat and cowboy boots for christmas. Her parents spoke with abc news about their little angel. She was a ball of fire. She ruled the roost. Our little ceo we called her. She was the boss. Reporter as they remember their child there are so many funerals
Why its hard to keep track of this. So far the administration said that missile strike last thursday destroyed 20 planes at that one base. Theyve also said that it destroyed 20 of the planes in one wing of the syrian air force. Theyve also said it destroyed 20 of the planes that are actually operational in the syrian air force. And theyve also said that it destroyed 20 of all the planes total in the syrian air force. All those things cannot be true simultaneously. Which of those things is true . Who knows . But by tomorrow theyll be seeing it destroyed 100 of the planes. You guys got to figure that one out. Its been five days. Today the Deputy National security adviser lost her job. They are going to trying to send her to singapore to be an ambassador despite her lobbying for a job that would keep her in d. C. D. C. This administration has not been around, but already this is the second Deputy National security adviser to leave, and of course the actual National Security adviser left a
Members. And the prethat is the new star in our country but with gorsuch slash garland being sworn in today, that is officially the way its going to be from here on out. Welcome to your new Supreme Court era in american history. Also today, the white house apparently scrapped its next big policy plan redo the tax code. They are getting shy about big policy stuff. They are getting shy about trying to do taxes overhaul as well according to the Associated Press today. Disagrees on recess this week. The plan to redo the tax code has been a convenient hook for constituents back home to ber rate their members of congress that donald trump shouldnt be allowed to that i think anything about the tax code as long as he hasnt released his own taxes. So we can all check to see if hes making new tax policy thats designed to help himself. But this president doesnt want to release his taxes, and apparently now he wont overhauling anybody elses taxes either. The republicans are giving up on that, at l
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