Morning. Its heading east. The pilots will take turns flying day and night. If goes as plan the trip will end in mid june. Four u. S. Stops are planned. Here are the big stories today. Apple holding a major press event in san francisco. The Company Expected to offer details on the watch including a high end model that some say could cost as much as 10,000. Well talk more about apple and the entry into the dow in a few moments. A new survey finding the fed to raise rates in the second half of the year. 57 of those polled by the National Association of business economists say uncertainty over the Central Banks plan is no longer slowing the economic recovery. And in europe, its official. The ecb has begun the 66 million a month Bond Buying Program. Scotland Goldman Sachs argues that oil prices will reverse the recent gapes with wti. Likely dropping all the way down 240 a barrel in the near term. The main reason . Global crude inventories are beginning to increase again. We did see that st
Home. China is calling for calm and restraint after north korea said it is planning a new nuclear attack. The announcement was made days after the u. N. Increased sanctions against north korea following a rocket launch last month. Harry fawcett has more. If north koreas recent rocket launch was regarded as an act of defiance at the u. N. , the Security Council resolution said that from peon yang reform pyongyang there was more to come. Were not hiding from the fact that the various satellites and longrange rockets we will fire and the highlevel nuclear test we will carry out are targeted at the united states. This was both a return to the kind of fiery antiu. S. Rhetoric that has been notable by its actions during kim jonguns first year in power and the confirmation that a Third Nuclear test was in the works. That confirmation comes as no surprise to south korea. The Defense Ministry debriefing saying that the proportions of the test site in northeastern north korea were now complete.
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