The funds of the road fund, and here many people. Are mistaken when they believe that the government, and in general among the deputies of the corps, finally came to the conclusion that the road fund should be directed to more necessary purposes, than rolled into asphalt on paths and there, what else do you call, about we have already heard about corruption in this area all the previous years with numbers, with companies and with those of the advisors of the president s office who are behind all of this. With all the expenses and misuse, although no one was punished, thats for sure, yes, 190, the 190 amendment provides that for the construction of roads in the 24th year, did you think that they would not be built, or funds would not be allocated there, and you are wrong, all the remaining funds that have not been used in previous years as of the first day of the 24th year will be directed there, i. E. For example, i dont own it in numbers, how many billions, 10, 20, 100, 300, of these
Im mike santoli. Good to take over the show for you. This is a first for us. Absolutely. Weve never been on anchor desk together. Im enjoying it already. A lot going on over the weekend. We have a lot to talk about. We sure do. Lets get a quick check on the future the u. S. Markets you see not a lot of movement in the s p 500 indicated to open down just slightly, less than 2 points the u. S. Markets did have the first down week out of nine last week though not by much. Weve recouped most of it. You see the nasdaq slightly in the green. We will have more on these markets in just a moment. First, some big breaking news overnight. Theyre set to announce a major restructuring today. Ge will focus on three core units, aviation, power and health care while looking to exit the rest of its operations. One source tells the journal ge also plans to shed its majority stake in oil and gas operator baker hughes ge Ceo John Flannery is going to announce plans with investors. Hell sit down with cnbc
The shanghai up by half a percentage point in europe in some of the early trading right now we are seeing things a little bit mixed across the board. Ftses hanging in there up by. 10 of a percent. They are seeing pull backs by the dax down and the cac off by 1 3 of a percentage oint. Crude oil prices on a climb again last week where oil was up by just over 1. 10 this morning wti back 1 cent i take that back, its unchanged at 56. 74 lets tell you whats going on couple stories were watching this morning couple big ones. General electric is going to announce a major restructuring is going to happen today ge will focus on three or four units, aviation, power, health care ge is planning to shed its majority stake in oil and gas operator baker hughes. Remember that big bet that shedding . Shedding. Shedding. Like skin. John flannery expected to announce the changes at a meeting. Theyre getting out of it he got into it, now hes getting out of it. You build it up and you take it down were goin
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