The country. 3 people coming forward following a deadly fire at a german soup both are seen as believe the illegal sky lanterns spot the planes that killed dozens of animals in the town of clayface on new years eve. And farming that was once thought impossible well meet a pioneer growing fresh vegetables and one of the worlds most inhospitable climates the dog total winter of norways finalists. I mean you could as mckinnon thanks for joining us. Australia in the authorities are taking drastic measures to save lives as some of the worst wildfires on record ravage the country with 18 people already confirmed dead and thousands. Of homes destroyed authorities have ordered Mass Evacuations in 2 of the hardest hit states now the worst affected state is New South Wales where fires have burned more than 4000000 hectares now to put that damage into perspective thats more than 4 times the number of hectors lost in the 2019 amazon fires the State Government of New South Wales has declared a 7 da
Looking up for the economy and then suddenly we got negative data points that changed everything and made the recession a plot more likely sure, that may be the profrnl mat cause of todays decline, losing another 494 points, s p 500 plunges 1. 79 . Nasdaq plummeting 1. 76 . Sell, sell, sell, sell but the truth is a lot simpler. We were due for a selloff. How i do know . Because thats what ive been telling you for weeks. A month ago i told you about the s p 500s short range oscillator indicator. This is a tool i pay a lot of money for that tells you almost with uncanny accuracy when the market is overbought or oversold, overbought meaning due for a pull back, oversold means you have to start buying when the oscillator is above five, it always almost means we came too far too fast. And you need to do some selling. Well, when its well above 5, you need to aggressively raise cash as i told you last month the oscillator went extremely high reading, told you we were due for a bruising i stwu
Accident. We can confirm that mr. Sanchez did not know cate caugiran and he had no reason to want her to be harmed in any way. Reporter now, sanchezs story has changed along the way. We initially heard he said he was using that gun to shoot sea lions at the pier. We also know that of course he is an illegal immigrant and this whole case is reigniting the sanctuary city debate in San Francisco. I dont the supervisors have anything to say about that yet. They all seem to be laying low. Is there any word from mayor lees office on the sanctuary issue . Reporter yeah, everybody has been choosing their words very carefully on this but we did hear from the Mayors Office that they are reaching out to the feds to figure out a way to cooperate with i. C. E. And still stay true to the citys sanctuary city status. Francisco sanchez had been deported five times. The feds wanted to make it six but San Francisco refused to hand him over or continue holding him. Now city supervisors are in the hot sea
On its first day. And Biotech Company holozyme therapeutics surging today 18 now on new partnerships. The ceo of the company will join us exculusively to discuss whether more deals could be in the offing as well. Lets begin, though, with the day in washington. Ylon has more on todays Senate Finance Committee Hearings on tax reform eamon javers has the latest on President Trumps talks with democrats on daca and what exactly they talked about. Ylon, lets start with you, though bill, the chairman of the Senate Finance committee, orrin hatch, made absolutely clear today that the negotiations over tax reform are only just beginning. Part of the big six, gop leadership, as well as members of the Trump Administration who have been working together on a framework for tax reform but hatch said today anything they agree to is just a guideline, not a guarantee. Anyone with any experience with the Senate Finance committee knows were not anyones rubber stamp. For a bill particularly on something as
Days, brexit, and global banking. This is bloomberg surveillance. Im Francine Lacqua in paris. Mark barton is in london. Im here at the j. P. Morgan Global Markets conference and we have some great guests lineup. Where going to speak to alain minc. We also have jeanClaude Trichet , former president of the ecb, and we also speak to the publicis ceo. We are the focus on france. I know theres a lot going on in the markets. Tell us about it, mark. Mark counting down to the culmination of that meeting. Stocks are falling for the second day in europe. Ive looked at the last 10 days. They are down for seven days in 10. Europes benchmark 0. 2 lower. The euro is up against the dollar. Earlier it was falling. Ahead rebounded slightly of that ecb meeting. I think the data point to watch today is the u. S. 10year yield. 2. 58 . The yield rising for the ninth day. That is the longest stretch since 2012. Were hovering around 2. 58 , highest level since december. Gross, 2. 6 is the level to watch. Th