Capitol, a twoyear, 60 million renovation is underway. Gaveling will be constructed around capitol dome but work continues with the house gaveling today at noon. They are expected to approve a resolution and limiting the need to hold sessions while on break. They do return on letter slated for it on tuesday, january 7. From the Labor Department this morning, reports that the number of unemployment benefit applications dropped by 42,000 last week. Planes had jumped by 75,000 over the two weeks ending december 14. Todays news is a sign of a decline in the improving job market. The issue of Unemployment Benefits is shaping up to be a good focal point when congress returns. Congress failed to agree on a deal to extend longterm benefits which were said to expire december 31 for 1. 3 million americans. President obama has called for a retroactive or wrappers asian of the program, and house and Senate Democratic leaders have vowed to make it there first order of business when they return from
Oil supplies. Gdf falls to the bottom of the market. Trader say the sale rose 1. 5 billion euros. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome, again, to todays worldwide exchange. Some interesting news in the market yesterday. Selloff in the u. S. Market. Wall street. Can we call. 7 a selloff . What i found surprising was that the markets didnt react to the robust Economic Data as it was in the back with mirrors, lagging indicator, oil remains the big headline risk. Maybe they did react to the data, sri. Maybe were back to good news is bad news as far as the fed is concerned. Supporting consumer housing data, Consumer Confidence. Maybe this is the start of a good news is bad news. Like parting a baby from its candidate. You could say that, but the price of oil, i think, is going to be a factor that we continue to watch. The situation in iraq, headline risks from the oil market, is it going to be, though, the catalyst tha
Lauren taylor. This is al jazeera, alive from london, also coming up lebanons migrant boat tragedy survivors tele, their grief not being able to save others. At least 97 people are now feared dead. Dozens of people are killed in bangladesh when a boat carrying hindu pilgrims, tips over and sinks and Mass Evacuations and major flood warnings as the philippines is pounded by. Super typhoon north ah hello pose in italy due to close and about 2 hours in what will be an historic general election. As the expectation the country will elect its most right when government since the 2nd world war. The most recent polls forecast victory for an alliance said by the brothers eventually party that would pay the way for its far right leader, georgia, maloney to become the 1st female Prime Minister. But theres been a 2 week polled blackout leaving scope for surprise. That could come from the center Left Democratic Party of former Prime Minister in the letter, the voters taking place against the backgr
Developments in that part of the world. What is next for president obama and how should the u. S. Respond . You can join in on the conversation by calling the numbers on your screen. We are also on facebook or you can send us a tweet. Latetement was issued yesterday by john kerry, who is making his appearance on sunday morning programs. He says that unless immediate and concrete steps are taken by russia to deescalate tensions, the effect on our relations will be profound. I have convened a call with my counterparts from around the world to negotiate our next steps. Towill work closely together coordinate. This is a headline from the Washington Post. As Russian Troops continue to seize crimea, a region that was once part of the soviet union, kathy says that Russian Troops and Vladimir Putin are setting the stage for a highstakes International Showdown over the future of ukraine. We are in the cspan studios and this is dominating the programs that will be heard later today. Nancy, good
Ah, youre watching all your life from headquarters and hi daddy and also coming up a desperate bid to save homes and livestock firefighters in western europe, badly heat wave and strong winds as they tried to extinguish blazes in the u. S. A. Texas wildfire is still growing, nearly a 3rd of all americans are being warned to stay out of the heath. And were in to don blue now state where tribal fighting has left at least 80 people that ah hello vote. Counting is underway right now and sure. Link Us Parliament where members are choosing a new president. It comes a week after a former leader got to buy or bucks, a fled, and then resigned. There are 3 candidates in the running, including interim president , ronald wicker, im a single, hes a raj, packs or ally, but his deeply unpopular with protesters who brought down the government. Sure lanka has seen months of Anti Government protest fueled by crippling economic crisis. Now for an end, as joining us in the capital columbus. So how close a