Pedestrians in the crosswalk. Today in front of San Francisco city hall, a moment of silence for those pedestrians and bicyclist who have die this had year after being hit on city streets. Lucy morales. Nancy ing. While this chart shows the number of People Killed has dropped over the years, city Officials Say more is needed. We need real enforcement on our streets. The mayor put out a directive which we support to focus on the five most dangerous traffic behaviors and increase citations. Reporter but San Francisco is often criticized for being reactionary yet failing to follow through with enforcement. Heres an example. A few months ago, police were stopping people on 19th avenue caught texting while driving. Today there is no enforcement in that location. Last may citations were given out to uber and lyft drivers who double parked to pick up passengers. If you will go today, theyre no longer there. The driver of the car that hit the two pedestrians was charged with involuntary vehicu
Putting Jeremy Corban in as their leader. Looking forft and radical economic changes there. The dax in germany is 15 points lower now, just under. 2 . Everybody watching the dollar. The dollar index is lower this morning by just. 1 . The u. S. Trade weighted dollar is something we need to teac kep an eye on. The fiveyear going for 1. 5 percent once you rounded off. The twoyear is at 71 basis points. Topping the list of things were watching today, volatility. The vix fell. Volatility lower this morning despite the fed ahead. Congress is back trying to find a way not to shut down the government in two weeks. Last shutdown hit the economy hard. China, more weak economic data. Credit is growing there. Tom sees may be tiny green shoot out there . Tom yes. A little bit of a green shoot. What an ugly win for the Denver Broncos. That was terrible. We enjoyed the mets, and still managed to pull things out. Wonderful worda for our sponsors and then i will pull up a chart. Bloomberg surveillance
Energy coming under pressure as the price of crude continues to decline. We are seeing positive gains. 1 . Hang seng up by 3 10 of angie oil is back in the headlines today after opec ministers abandoned any pretense of unitive and a chaotic meeting pretense of unity in a chaotic meeting in vienna. It is all down to this saudi arabia won the day. Zeb eckert is here with the economics and politics behind it all. There is only one boss in town, apparently. Zeb there is a bit of tension between saudi arabia and russia. Saudi arabia does not want to give up market share until others do. It has been maintaining the production levels despite the glut of global oil. No one wants to see their market position eroded. It shows opec is in a freeforall environment. There is no target, they are breaching the target about 31. 5 Million Barrels a day. Will bes output tolerated, that is the message out of this meeting. That is what we see in saudi arabia because the key concern for them is that oil is
Taking the taint out of buying. We seem to be buying back into exports this morning. The euro is trading slightly weaker. I want to show you oil. This is what is continuing on the downward to decorate downward trajectory. Still sub 48. It is all about the supply issue. Inventories in the United States at 900,000 arrows last week. Iran starting to say we are looking at upping the output. They could be adding one Million Barrels per day. Itsonder Oil Continues in funk. You were just talking about some Corporate News laced in today. It is all about retail. I wanted kickoff with tesco. Could be selling its south korea unit to the tune of 6 billion. The International Market could be selling it to an bk partners. It would be the biggest deal in south korea. Ryanair up by a half percentage point. Weve got ryanair showing. Oosting passengers 10 that was happening for august. Ryanair looking on the downward trajectory. I want to show you a little bit later, we are expecting it weakening after n
Just a moment. First, we need to take a look ahead to a big problem weatherwise. Eileen whelan joins us now. You expect all of this slush to freeze overnight . Temperatures are in the mid 40s right now, but other than that, we will be seeing temperatures drop through the overnight hours into the 30s and eventually into the 20s and that is why black ice is a big concern overnight tonight. Expect falling temperatures through the day tomorrow as an arctic front moves in and then expect more cold weather to in the month of february. Urological spring starts on sunday. Ive got details from the belfort furniture Weather Center in just a bit. We are starting to get School Closings and delays in a culpeper, spotsylvania and stafford schools delayed two hours. Williamsburg is closed because of the broken water pipes. Stay with us and at wjla. Com for closings throughout the night. Developing right now in the district crews and southwest washington are scrabbling to figure out why a manhole cove