families can t buy baby formula. bill: 40% of brands are out of stock nationwide. one republican lawmaker saying she is hearing from border agents who say their facilities have entire pallets of formula set aside for illegal immigrants crossing the border. these agents themselves have families and they have family members that can t get this baby formula in the stores. in texas and arizona, new mexico. the richest nation in the world and we re scrounging around for baby formula? the formula crisis is just one of many disasters facing biden s administration. americans scrounging for gasoline money as inflation is running at nearly a 40-year high. today the average price hitting yet another all time high, $4.43. bill: crime is another concern. the president will meet with police chiefs and mayors today to talk about it in cities across the country see a staggering rise in homicides. let s go to the white house where peter doocy is reporting live from the north lawn. w
Wiped out the last of its gains made for the year so far. Some of the heaviest losses came in from the big tech stocks which sent the Nasdaq Composite to a Market Leading Loss of nearly 1. 9 . Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 sincejuly valuation has fallen by almost 99 since july 2020. Valuation has fallen by almost 99 sincejuly 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. 0ver to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. 0thersmaller over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, le
That. It doesnt involve me, but i still feel, you know, its a very sad thing that happened. This has nothing to do with russian collusion. This started as russian collusion. This has absolutely nothing to do. Its a witchhunt and its a disgrace. Harris the president also claimed a double standard in the charges against his former attorney tweeting. This. Michael cohen pleaded guilty to two counts of Campaign Finance violations that are not a crime. President obama had a big Campaign Finance violation and it was easily settled. But democrat leader nancy pelosi says, quote the guilty verdicts are further evidence of the rampant corruption and criminality at the heart of trumps inner circle, end quote. Chief White House Correspondent john roberts. John, day two of this and a lot of movement. Yeah. And still a lot to talk about. First of all, let me just reflect back on what you illuminated in the president s tweet about obama Campaign Finance
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The last straw some plastic items could be on the way out in the e. U. Including drinking straws as the European Parliament votes to ban certain single use disposable products from. The u. S. Fed is normally seen as the caretaker of the u. S. Economy but now it seems to have made an enemy in a high place the white house. Also ahead underinvestment in a bad harvest take their toll on cubas sugar industry deila nation turns to imports for the first time. Im Stephen Beers limber lead welcome plastic may be cheap for producers but its become an environmental menace now the e. U. Parliament has voted through a ban on a range of single use Plastic Products environmentalist say it cant come soon enough. The mountain of waste on land and waterways and seas continues to grow
the e. U. Currently recycles only a quarter of the Twenty Five Million tons of Plastic Waste it produces annually now european lawmakers say urgent action is needed to tackle the problem you need to yeah Eight Billion tons
NEW YORK :U.S. stocks dipped, gold surged and European stocks suffered their biggest weekly loss of the year on Friday amid cooling economic data, a hawkish Federal Reserve and unfolding political crises in Europe.The dollar gained ground against a basket of world currencies, while the euro saw its largest Fr