Year slams chicago. Several big city schools are closing and the concern for the commute. Omarosa opens up explaining why america should be worried. A shot of bad news. The city is getting the blame for a looming tequila shortage. Just in time for friday as we do say good morning, everybody. Were going to start with the drama thats unfolding this morning in washington, the federal government shutting down once again. The midnight deadline came and went and the government ran out of money as senator rand paul refused to support a bill calling for billions of dollars in new deficit spending. But with a new day dawning comes a new path to an agreement. Abcs Kenneth Moton has the latest from d. C. , good morning. Reporter yes, there was lastminute political maneuvering but congress was just too late to meet that midnight deadline. Overnight highwire drama on capitol hill. Congress failed to fund the government by midnight sparking the second suddenbreakingnews in less than a month. The rea
8 million merger as the controversial deal sees them extend control in the largest smartphone maker. Shares of google up 10 in after hours trade. Hello everyone. Seema and wilf are on vacation. A very exciting show for you. This is germanys parliament set to vote on the new bailout deal with greece. That will follow about three hours of debate getting underway now but its widely expected theyll sign off on the greek bailout measures and then we can start the talk on the bailout package. Now this comes as imf chief Christine Lagarde warned about the sustainability of french debt. She wanted to see a full program implemented that includes financial reform. However she reiterated that some level of debt restructuring would be necessary to ease the burden on greece. Lagarde added she expects greek banks to open as planned on monday. Cash withdrawal limits at 60 euros a day but greeces deputy finance minister says that will decrease as the week progresses. This is after mario draghi announc
This is Aljazeera America, good morning, live from new york city, im randall pinkston. Global markets are reeling this morning at chinese stocks take another plunge. U. S. Futures falling sharply now with the dow poised to open down about 3 . Lets look at the numbers. The shanghai composite wiped out all gains for the year, its largest fall in that market in eight nears. The nikkei tumbled four and a half , hitting a five month low. Australia had its worst one day sell off in four years, markets plunging wiping some 40 billion u. S. Dollars off the books there. European stocks are hurting, too, in london, down two and a half , germanys Main Exchange is off 3 . Adrien brown has more on whats behind this from beijing. It is another turbulent day for asian stock markets. Shanghai, the worst performing is down more than 8 , the biggest single day drop in many months. The government before the market opened has said that it was going to use billions of dollars from a state pension fund to p
Like celebrity apprentice. Speculation. Talking about how President Trump was meeting with janet yellen. Mike pence. Pins and needles. Kohn. , taylor, a wait and see. Donald trump has us on pins and needles. Stuck in a wait and see mode. Been treadinge water. We have seen a trickle through in the asiapacific. The anzac, 1 5 of 1 . Expecting the new zealand Prime Minister to announce a new Coalition Deal later on. This is the head of the inflation data on wednesday. 7811 for the aud. In 1988 a record we saw after that victory for shinzo abe. The yen. Ramy that slight pullback you just mentioned, taking a cue from u. S. Markets. The first time in a week, after hitting record highs last friday. The s p list down 4 10 of 1 . Tec h, some of the biggest laggards, down about 2 . , just under 52 a barrel. Sectors in the1 s p 500 index were down. Utilities were up. Microsoft,ebec, amazon, they all report next quebec, twitter, phabet,ft twitter, al microsoft, amazon all report next thursday. Pet
Some breaking news hitting the bloomberg right now. Is going Michael Flynn to be resigning as the National Security advisor. Again, we had already known that Michael Flynns future was in question after a warning from is justice arm, and now he said to resign as the trump National Security adviser, so once again the Trump Administration dead center, and that will play into the trade and the next hour and the days to come. Shery definitely. Cautious ahead of Janet Yellens testimony in congress this evening, so all of that playing into markets right now. , ak at my function, gmm mixed picture, the nikkei down. 7 . We are seeing the dollar index paring back those gains that we saw in the previous session, so other currencies in asia gaining up. Nd, south korean won in the commodity sphere, copper surging again, supply disruptions, up. 8 , and bonds in asia following treasuries lower after yields rose for three consecutive sessions. All of this of course going to filter in the markets as we