Good morning and welcome to Worldwide Exchange. Its been a wild week for the markets and a little bit of respite coming today. Lets get you up to speed on what happened while you were sleeping. China suspend its market Circuit Breaker system set the yuan midpoint higher as well for the first time in nine days. Reuters is reporting that chinas Foreign Exchange regulator ordered banks to limit purchases of u. S. Dollars for the rest of the month. Chinese stocks rising about 2 . A lot of wild swings in the first 30 minutes of trading and the rest of asia didnt fair too well. It was pretty mixed. Opening year with five Straight Days of declines. The first time that has happened since 1949. You did see green from hong kong to shanghai. This was some relief but there are also new rules that came with it. Well talk a lot about it in the next hour. I want to show you whats happening with u. S. Stock futures right now because there is relief there as well. Absolutely right and about time too of
Deepens with protesters calling for elections and a stop of corruption. We begin in syria where at least 63 people have been killed in strikes apparently carried out by russian planes. A bus station was hit. At least 100 people have been killed across the province in the past two days. Gerald tan has the latest. Reporter they gather to search for bodies to cyst through their belongings and what is left of their homes sift. They say air strikes on saturday killed relatives and friends, just ordinary citizens. This man could only muster a prayer, calling on god to help his people. They say russian jets were responsible for the strikes and that this isnt the first time. Dozens of civilians are reported to have died in days of fighting. Russia launched its military operation in syria last september at the request of syrias president Bashar Alassad. Since then russian planes have flown an estimated 570 missions. Rights civilians say many have lost their lives in that time. It has rejected c
Washington correspondent, peter cook and john kerrys diplomatic trip to ukraine. Our peace efforts yielding any results so far . Right now, he might be more of a side player in all of this. Hes not the only foreign visitor trying to forge a medic solution. At this hour, german chancellor Angela Merkel and the french president are in kiev and they brought with them a new ceasefire initiative. They did not provide details on the proposal itself. They had next to moscow to meet with Vladimir Putin directly who has offered up his own peace plan. This is their response and this will be Angela Merkels first visit to russia since 2013 with a goal to end the violence between the Government Forces and russian backed separatists. Fighting has escalated as the rebels mounted a new offensive stop the conflict has claimed more than 5000 lives. In his own meetings today, kerry says russian russia needs to ds goalie crisis. Russia and me separatists are seizing more territory, terrorizing more citize
It was important to hamilton, for example. Jefferson very adamantly disagreed with burkes reading of france. He was a friend of paines, a close friend during the revolutionary years. He thought that paines great pamphlet, common sense, was extreme lu important and ought to be extremely important and helped it get distributed. He helped him get a job as the secretary to the committee on Foreign Relations of the continental congress. And he was a kind of patron of Thomas Paines in some ways. When paine came back to america after france jefferson was president. He was wary of being associateed with paines views on religion so didnt hang out with him very much. But he helped him get established, helped him get a job, and the two knew each other very well. They were friends. Sue finish. Well, the most superb. Well, the most important rule of a bill of rights book fair is that it end on time, so im afraid were going to have to skip the remaining two questions. But, ladies and gentlemen, were
Tornadoes and flash flooding. Before that lets take a look at the market. The u. S. Equity futures shaping up to a positive day with the bulls if they stay for the early trends. S p fauutures up by 3. 5 and nasdaq up by 14. Lets tell you the big stories were watching this morning. The april employment report due at 8 30 eastern time. Forecasters say the economy added 228,000 jobs last month. The Unemployment Rate is seen declining to 5. 4 to a near 7 year low but of course there are lots of varying views on what this could all mean including some much higher estimates and also much much lower estimates. Also Billionaire Oil man boone boonepickens say oil will hit 75 by end of year. He notes Oil Inventories peaked. And the New York Times reporting that Taxi Service Uber submitted a 3 millioned by for nokias map business. Its a competitor to google maps. Theyre teaming up on an offer for that service as well. Google bought waves too. Ways still has its own app. They have their own app. T