October and joining us now with more details is r. T. Correspondents our month. So welcome to the show so when these meetings today basically who was at the table and did they get anywhere let me start by saying that the meetings are already affecting the market let me show you what the dow did it sunk basically it really took a steep turn this was an unexpected twist of events Chinese Agriculture officials were scheduled technically to visit u. S. Farm states next week including montana but officials cancer just canceled canceled the trip to montana theyre going to return to china sooner than originally planned u. S. Secretary of agriculture sonny perdue confirmed that these meetings were to provide some or to at least have china build good well with the u. S. Farmers talks began on thursday and they were led by there were 30 chinese. Officials who came to washington d. C. Led by the feisty bice finance minister early on when he met with u. S. Deputy u. S. T. R. Jeffrey garish they we
Leaves our global report today as a modi administrations finance minister announces an 8 percent cut in the base Corporate Tax rate the centex stock markets surge and closed up by more than 5 percent after minister some around the im now 20000000000. 00 policy package indias base Corporate Tax rate was cut 30 percent to 22. 00 companies that do not seek Tax Exemptions will qualify for that base rate while those who do will pay a base rate of 25 percent down from the previous 35 Percent Companies that start out between october of this year and march of 2023 will be offered an even lower base rate of 15 percent and while reaction was positive the sudden and dramatic move by the indian policymakers suggest that they saw a weakening in Economic Indicators that call for such a bold action as indian growth reached its 6 year low tax cuts added to a list of stimulus actions for 29000. 00 that already includes 4 Interest Rate cuts by the reserve bank of india. Meanwhile Prime Minister and the
Good tuesday morning, welcome to squawk alley, i am Carl Quintanilla well go to bob backish, viacom ceo. Well start with we were delaying its ipo as you know amid questions over its valuation and Corporate Governance lesley pickers has more back at hq what do we have today . We were convene employees for an all handson deck it is unclear exactly what the purpose of this meeting is but most expect to hear more from the status well bring you relevant details as we get them in the meantime i have been chatting with sources on the deal exactly what happened to cause the delay and told they realized based on feedback from investors they needed to sharpen the story, they were not ready to have those conversations with investors on a formal road setting. This delay would give the company time Third Quarter numbers in the marketing we were saying in a statement that expects the deal to be completed by the end of the year the important thing to note on that timing is that if the ipo does not ha
There. We suggest using niles canyon road. It is as far as timing and mileage goes. We styles forget its a slicker roadway. Were suggesting an alternate route around the scene. Roz plater is out there. Roz, you were stuck in that for almost an hour . Reporter more than an hour now weve been in this very same spot here. Nobody is moving. All lanes are blocked. A lot of people are simply turning off their engine concerning their fuel. Take a look at the sea of red lights. Traffic is not moving. Lots of big rigs here. People stuck on their way to work. Nobody is moving. Were about a little bit south of vargas road. According to my gps the crash is three and a half miles from here. Theres traffic backed up behind us as well. Nobody is moving. The shoulder is narrow here. We saw a motorcycle come through and try to make his way forward a little bit. Not sure how far he got. People are just resigned that its not going to move anywhere soon. Chp says basically there is a hazmat clean up happe
The scene and mike is tracking it. That is right. Weve had quite an impact all morning. Look at this. We still have northbound 680 from behind my name coming around the bend and this is the washington urban area. Folks know that is where you turn the corner and come up toward the scene of the closure. Folks heading toward mission and then taking up now canyon roadway, that is still jammed up. 680 jammed up. Two lanes closed because of the spill. We still have the jam through Castro Valley through eastbound 580. If this doesnt clear in the next hours well have a problem because the commute starts at about 2 00 p. M. And all morning roz plater has been out there. What is the latest and the hope . Reporter well traffic is flowing. You could see that behind me here. A couple of lanes are open now but this is been almost a sevenhour nightmare here that started just before the morning commute. The worst possible time. Lets show you video from the crash. All of this happened around 2 00 this