Nearly 6 feet of snow fell in the city. Reporter there is already more than 5 feet of snow on the ground in parts of buffalo and more is on the the way. Thats a years worth of snow in four days, three days. Reporter waves of blinding lake effect snow paralyzed drivers forcing hundreds to ride out the storm in their vehicles. There was so much snow, some plows couldnt make it through. Temperatures dropped to record lows. Police found one driver dead in his car. A 46yearold male in the town of alden. The car was buried under approximately 12 to 15 feet of snow. Reporter officials are urging people to stay home. First responders are having a tough time. One crew carried a patient through several feet of snow to a hospital blocks away. Its no longer snowing here but by late tonight, another lake effect storm moves in, and it will target some of the hardest hit areas. An additional 1 to 2 feet on top of what theyve already seen. The storm also stranded the Niagara University Womens Basketba
Audi drive volkswagens trading higher in the Third Quarter. The auto giant is at the top of the dax. Spain is finally out of recession after two years, a mere 0. 1 uptick in Third Quarter gdp marks the first time the economy has grown for a while. All right. The fed wraps up its twoday meeting this afternoon. Central banks announced last month that it wouldnt start tapering purchases just yet. The move comes amid concerns about the budget fight in washington. Senator paul wants to hold up Janet Yellens nomination. He also wants a bill on transparency. Very good morning to you. Were seeing tenyear treasury fall down to around this 2. 5 level where we stand at the moment. Expectations now for tapering starting in march next year. Will yields stay where they were . Is there any chance of them going low . I think if it becomes apparent tapering wont commence until march, treasury yields could fall a bit further, maybe as low as 2. 25 . But with that threat of tapering in the background, it
CARE is thrilled to welcome four social enterprises – Kickstart, Jibu, Sistema, and Ujuzi Kilimo – to its new global initiative to scale innovative solutions for small-scale producers to help them adapt to climate change: the CARE Scaling Network.