I am not making political statements. Olivia a number of republicans backing to give more power to the feds. Greece is counting on the European Central bank. They country must make a payment to the imf in march. The ecb owes greece more than 2 billion from a bond selling program. He says the ecb should hand the money to the imf. This is not borrow money. It is our money. Our normal payment to the ecb. Why not have the two institutions find it amongst themselves a way of transferring these funding. Investors are showing confidence in the new greek reform proposal. Almost 800 million returned to greece Bank Accounts. In ukraine, the ceasefire may be taking hold. No attacks by prorussian rebels overnight. The country has another problem. They are losing more than 50 against the u. S. Dollar this year. The central bank imposed a ban on foreign currency but lifted it yesterday. Two suspects were planning to go to syria and join a terror group. Two of the men are from uzbekistan and the othe
Senators who sent a controversial letter to irans leader. What i do know is this letter was absolutely calculated directly to interfere with these negotiations p. It specifically inserts itself correctly directly to the lead are of the country saying dont negotiate with these guys because were going to change this. Olivia it has been predicted he will make a bad deal with iran. Crude fell today to its lowest price in six years. Trading below 4 a barrel before rebounding slightly earlier this morning. There is speculation the record oil glut in the u. S. May start to strain the countrys Storage Capacity. And the man arrested in the shooting of two Police Officers in ferguson, missouri, is said to have admitted to pulling the trigger but Authorities Say Jeffrey Williams told him he was shooting at someone else and not at the police. A Prosecutor Says they arent sure they buy that part of the story. The officers were wounded at a protest in ferguson last week. A shocking admission to the
Zionist union. Whoever wins will have to form a coalition. Nine told voters he will not allow the establishment of a palestinian state. Iran is sending weapons to iraq to help fight Islamic State. The weapons include artillery rockets and missiles. There is a concern that the weapons could cause massive civilian casualties. Iraqiled forces are trying to recapture tikrit. The Usled Coalition launched airstrikes. The u. S. Is not taking part in that assault on tikrit. New York Real Estate heir robert durst has been charged with murder of a friend in california. Durst was the subject of a documentary on hbo. In a finale durst appeared to admit to killing three people. Brendan mario draghi says the euro area needs to calm fears that governments are not accountable. Draghi was speaking in frankfurt. He says it is time for europe to make a link between decisions and responsibility. Mario draghi there must be a leap in institutional convergence. We need to move from a system of rules for poli
Dow up 228 points. Youre looking at a few red arrows with the dow down by 60 points. The nasdaq down by 13. A couple of other stories. Lets take you through some of them this morning. February Housing Starts and Building Permits released at 8 30 eastern time. Stocks expected to drop by more than 2 with the weather being a big factor. Two wellknown Tech Companies to post quarterly result afs the bell and then theres the buzz story of the day. Apple tv and the wall street journal reporting this morning that the company is working with programmers to offer a bundled service of about 25 channels. Now broadcasters as part of the bundle are said to include abc, cbs and fox but channels owned by cnbcs Parent Company comcast so far at least will not be part of the service. The price tag 30 to 40 for the bundle. They would include things like espn in that and the question that i have is whether the economics of whether were actually seeing the true unbundling of all of that. It seems like it is
Even looked up at sky 7 hd overhead to rub his arm at times which may have been been scraped as a result of the overturning vehicle. Thats when officers handcuffed him and arrested him ending a pursuit that lasted about an hour and involved about 70 miles of driving around the bay. The speed was greater from 80 to 95. He was using the Center Median the entire time. It looked like his vehicle, he lost the front and rear axle. Had no control or steering mechanism and lost control as he was traveling to the Center Median. The driver is now in the hospital being treated for his injuries. The chp tells us hes facing felony charges for what he did today causing a pursuit that went all the way around the bay or nearly around the bay down the east pay, 680 and up the 280 up the peninsula and well, of course, have more details as we get them including the identity of the driver as soon as that information is released. Were live in Los Altos Hills david louie, abc 7 news. Incredible, david. Than