Good, well researched, deep dive into what works in organizing. One of the problems with our media landscape is i could probably go find mike 1700 pieces on whatever the president put out on twitter yesterday. But an actual helpful account of how to organize communities, grassroots, anticorporate power, that is asking too much. And i know the richmond california story is an important story and has been told. Ive seen a couple of articles about it. And again it is one of the real sort of stories we should be learning from especially in a town like baltimore that shares a lot with richmond in the deindustrialization, racism, poverty and really one of the most important things is the lack of luxury to kind of get hung up on not working together. Like baltimore, richmond is simply too small to have too many divisions and what is exciting about what i know about the story is they found a way to get over the divisions, worked together in alliance that was able to get stuff done including ele
Why google could be turning into movers competitive competitor. Welcome. Will get a chance to see the impact of lower crude prices. Bp reports earnings. The earnings are due in under an hour with the backdrop of the employee pay freeze. The central bank became the latest to cut the Interest Rate overnight in response to the deflationary impact of the tumbling oil prices. We will have more on that. Lets go to Ryan Chilcote in london. I believe that it is snowing outside. You can tell us in a moment. Capital expenditure and dividends. Yeah. What is falling faster . The oil price or the snow. Perhaps it is the oil price. Look, we have seen the earnings and we will be looking at the oil prices and the expectation on fourthquarter profits dropping. Nothing particularly surprising about that. They all reported profit declines and the oil price fell. They have a unique problem with exposure to russia and it will be interesting to see how the ruble the valuation affected profits there. We will
I think its worth taking time to point out the bright side of this sell off, which is principle participated, participated by a crime, something we like, a decline in oil. The fact of the matter is weve had this epic here and we were due for a profit taking. You know what . It would have been surprising if we didnt sell off after the gains this quarter so dont pay too much attention to those who wine and how this decline in oil indicates the Global Economy is doing worse than we thought. You hear a lot of these gripes on an ugly day like today but i think it obscures the hard work and intelligence of the many executives who are dedicated to exploring your own companys opportunities regardless of the backdrop. Im talking about companies that can pay up for on days like today because the growth is not dependent on the oil of larger issues that everyone is always fretting about. These are the kinds of Companies Whose stocks you should think about buying into the broad market wide sell off
Caroline welcome to c ountdown, i am caroline hyde. Why he backs the takeover did. Bid. Manus airlines are adapting new rules in the wake of the german wings crash. Caroline. the french prosecutor suggested the pilot was locked out of the cockpit. Manus under the regulations already in place, a commercial pilot cannot be left alone in the cockpit. Easyjet, air canada and Norwegian Air are among the carriers confirming they will amend their procedures. Caroline its go to bloombergs aviation correspondent. Tell us more about this to any cockpit rule that resides in the u. S. After 9 11, there were so many rules about 9 11 and they made a firm rule anytime one pilot stepped out, a Flight Attendant had to step in to make sure they were two people in the cockpit. Part of that were if the first were to fall sick, the Flight Attendant could warn the other. It is not just about terrorism. In europe, the lots are different. It is left to each country and airline in europe to decide how they wan
Welcome. We have full coverage of the stocks and stories making headlines. Reports on the latest forecasts for flooding this spring. Ryan chilcote is in brussels, where eu leaders are discussing how to put more pressure on russian president Vladimir Putin. Thats begin with peter cook on how the u. S. Is ratcheting up sanctions against russia. Give us the highlights for president obamas from president obamas quick speech today. Things are escalating. Laughing quite as hard at this list. Things have gotten tougher from the administration. The president designated 20 more russians with asset freezes and travel bans on the including 16 government officials. List, russias 17 the biggest bank. A latest executive order also 17ths the u. S. Russias biggest bank. The latest executive order also allows the u. S. This is not our preferred outcome. These sanctions will not only have an impact on the russian economy but could also have an impact to the global economy. However, russia must know that