Going on the president announces a travel ban but the lack in detail and large scale coordination is rattling the markets on the legislative side, theres little agreement on how u to move forward on any relief and just this afternoon, the fed announced a massive injection of liquidity into the market. It briefly shocked stocks higher but now weve drifted back down towards the lows o the day a number of big interviews this afternoon. Jack lew on the economic response cmes ceo, terror ki duffey on ty and ben is the former ceo of sprint currently sits on board of jet blue hell join us to discuss the pain thats being felt in the travel sector, and zoe, does it hurt we are all over this massive market sell off. Charlie from Ariel Investments is with us for the hoyer hour. Meg is tracking all the new details on this coronavirus outbreak and elan is in washington with the latest on the house stimulus vote. First, the new york fed just announcing that massive liquidity injection. Cnbcs senior
Bloomberg. Com. Shopping day, the shocking news that a malaysian airliner may have been shot out of the sky in ukraine. The circumstances are not clear him about what is clear that everyone on board is dead. John dawson is here with more. 15 malaysian crew, 154 him a the majority dutch, australians 27, 9 british, and curtly at the moment of figure of about 23 u. S. Citizens. Also 23 malaysian citizens as well. Arrivede would have about two hours ago. It left from amsterdam and went down over the eastern ukraine, 50 kilometers from the russian border. It was traveling at 33,000 feet. It was very much cleared and the International Transport association said there were no flight restrictions. This was not a designated war zone so they were quite right to fly over this region. Was assile itself widebody plane. It a gadfly surfacetoair missile is designed to shoot down the lee terry aircraft, helicopters and cruise missiles. Comment from the mayor about his reaction. It simply technically i
Front door. Happy friday. This is Market Makers. Schatzker. I am i am scarlet fu. It is up to the senate in the Upper Chamber beginning debate on a 1. 1 trillion spending bill just hours after the house barely managed to pass it. It faced strong opposition from the left and right. Elizabeth warren and ted cruz have both threatened to block it. She is worried about a provision that rolls back part of the wall street reform bill and he was to block president obamas immigration plan. The senate has until saturday to avoid a Government Shutdown. Wholesale prices are falling. In november, Producer Price index was down 0. 2 , the strauch sharper than forecast. Economythe overall picks up steam. Oil cost is playing a big part. A data point the fed will be looking into when it meets next week. Pressure yet again this morning after the International Energy agency predicted demand will be weak and supply will be strong. The iaea is protecting what is a vicious circle or virtuous one, depending o
Waste a lot of time in training breaking bad habits pilots acquire while trying to quickly get to 1500 hours. A university of north dakota study highlights these concerns comparing pilots hired before the rule with those hired after. The results showed pilots hired after the rule had a significantly higher number of total flight hours but were more likely to need additional training. And less likely to successfully complete training than those hired before the rule. Far from wishing to weaken these important safety measures, our objective is to strengthen first officer qualifications and provide for even better Pilot Training. Regional airlines will continue to do our part. Weve already offered wage increases, signing bonus enhanced flow through and bridge programs. Airlines will continued a justing Training Programs and expending Additional Resources to ensure all newhire pilots have the skills to move from training into the ranks of qualified and competent line pilots. We can prevent
Okay. You projected what you thought might be the most likely Coalition Government which could come in 2024. But i didnt understand clearly who the participants were. There are essentially four players in the political space at the moment. Theres the African National congress which has about 40 of the vote of potential vote, 60 of the actual vote. Theyre player number one. The Second Player is the largely liberal or classically liberal these things arent always clear opposition in south africa. And theyre sitting at about lets talk about the actual vote anc has about 60 liberal opposition sitting around 25 or so. And the marxist left is sitting at about 7 and a few other rats and mice parties. The likely coalition for me is that the anc loses its absolute majority, so it loses another 10 or 11 Percentage Points moves to just below 50. That is attrition both from the marxist left and from the liberal right of the party. If through that process of attrition the young marxists can gather