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Transcripts For BBCAMERICA BBC World News 20141215

Placed on the cafes window. Hello, and welcome. Police in australia say theyre negotiating with an armed man hours after he took a number of people hostage at a cafe. The siege in central sydney is being described as an ongoing situation. The lindt cafe is located in the financial district close to the federal bank and the state of parliament. Hundreds of heavily armed police are in the area. Five people ran from the cafe to safety. Its not yet clear whether they escaped or had been freed. The bbcs Richard Galpin has more. Reporter hours from inside the siege, terrified staff run for their lives. Its not clear if these two had escaped or been released, but in total, five people have now got out. It seems those still being held inside the lindt cafe have been forced to stand next to the windows. Some having to hold up an islamic flag, similar to that used by militant Islamist Groups such as Islamic State and al qaeda. But so far, the authorities are refusing to speculate on what the mot

Transcripts For CNBC Squawk On The Street 20141215

Twoday fed meeting begins tomorrow. Crude prices, bouncing off the new 5 1 2 year lows. Looking to come back since their worst week since 2012. Consortium led by bc led by petsmart. Latest on the continuing hostage situation in sydney, australia. Futures on the rise, so are crude prices which fell to 5 1 2 year lows stock markets seven week winning streak ended with a thud and the selloff on friday. Last week the dow fell 3. 8 . S p down 3. 5 , almost every major average, jim, every major sector, was down except utilities, barely got into the green for the week. I went over the chart this weekend and they were amazing. The number of companies, stocks rolling over here, maybe it can be reversed but i see the oil futures hanging by a thread. We go to 57, 56, s p futures will be down. Were just not in a moment right now where people are actually distinguishing between winners and losers. Utility move was part because people feel u. S. Will need more power because they are bond market equi

NACOKINGS Backs Bill for More Muslims Holidays

NACOKINGS Backs Bill for More Muslims Holidays
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