19 people are arrested as police say theyve broken the uks biggest ever drugs operation more that 50 tons of drugs are seized. The impact of knife crime on its young victims more than 20 thousand were injured last year alone and for many the trauma continues. We will reveal the winner of this new building best new building of 2019. Join us live here in the news channel for the announcement of this yea rs channel for the announcement of this years stunning price for architecture. Prize. Good evening. A deal with the eu by the end of this month in time for the brexit deadline now looks extremely unlikely. Downing street says brexit talks are close to breaking down after what was described as a challenging phone call between the Prime Minister and the german chancellor this morning. A source at number 10 says Angela Merkel made clear that a brexit deal was overwhelmingly unlikely unless Northern Ireland remained in the Customs Union indefinitely. There was an angry response from brussels
In an Ongoing Investigation that now has its principle player dead. But first stocks in and out of session lows. Though not as low as we were earlier on, on the first hint of trouble in hong kong, the 10th straight weekend involving the airport. Susan li at the new york stock exchange. Hey, susan. Susan neil with all the uncertainty we have investors running into safety. 10year treasury testing a new threeyear low. 166 basis points, that is below the borrowing rate from the u. S. Federal reserve. Industrial, energy, consumer cyclicals all those names being sold off. In rather what i would call you a thin volume summer trading day. Some of the moves might be more exaggerated. Mcdonalds, home depot, accounting for 1 3 of the dows losses. The vix surging above 20. 20 is not out of the realm possibilities. It is not panic levels. We have to look at volatility. Goldman sachs getting all buzz on the trading floor. We started out with goldman putting out a note, chances of recession have now
The southern us state of louisiana is being battered by a powerful Tropical Storm, bringing torrential rain and winds of up to 112 kilometres per hour. But storm barry has lost some of its strength since coming ashore as a category1 hurricane. Forecasters have warned of a dangerous storm surge on the gulf coast, with flooding expected to be most severe south west of new orleans. The bbcs sophie long is in new orleans and explained why storm barry remains dangerous. What we are experiencing is sudden downpours of rain, forecasters are warning that rain is going to become more persistent. That is what theyre really worried about here, the conditions that preceded this storm, that the Mississippi River was very, very high, silence of flooding levels already. Forecasters predict they could be up to two feet of rain to fall over the next 48 hours. Now its going to land on already saturated ground, the street behind me was flooded three days ago, and as i said, the Mississippi River is alrea
You realize a couple things. I want to show you a couple things here. The things we were fixated on dont change. Concepts and fears, crowds generated when big selloff on corner of wall and broad, they continue. I experienced that firsthand 30 years ago today. Take a look. There werent people flinging themselves off of buildings but there were near Record Number of people gathering outside new york city today to witness history in the making. The opportunity to see incredible drops in the dow right before their eyes. I want to see what it is like when it is in this condition. I wanted to see stock market anyway. Want to see a piece of the action. Neil what they saw was program selling taken to the ultimate art form. As wall streets very biggest players, stepped in and unloaded multibilliondollar blocks of shares. To the end market analysts steadfastly refusing to mention the word crash, to describe what is going on now. They like to look at it a correction that has to work itself out wh
Next 10 years. Donald trump just talking about however his aggressive spending anano send taxes down. The cost of the trump then you are looking at is going to bust the budget. What is eyepopping here and we are getting a sense of the dramatic nature of this is Hillary Clinton calls for raising the estate tax from around 41st and now to 65 albeit to just a few people with over half a billion dollars. That would be the Charles Payne crowd. Let me explain with rdb and talked about. Hillary clinton wants to lift the present 40 to 45 and limit the roughly 5. 5 million threshold to about 3. 5 million. She wants to take that up to 50 with states of more than 10000055 worth more than 50 million begins 65 on the state with more than 500 million. We are still laughing a lot of folks keep two out of the 3 that they want. Reversing that in only telling the government that it could take two out of 3. Think of what they are philosophically saying. What are you about . At a certain point we will sti