The evacuation of victims from flooded areas, 11 temporary Accommodation Centers have been deployed to receive them, with a capacity of more than 800 beds, housing 510 people, including 116 children. Alexander kurenkov proposed temporarily banning the sale of alcoholic beverages in flooded areas, and also stated that Everything Possible must be done to prevent food prices from rising. Denis pasler, governor of the orenburg region, noted that the population is being provided with all the necessary assistance at the moment. Let me remind you that denis pasler previously ordered double payments to victims. Novel. Mash, thank you, our correspondent, maria valieva, spoke about the meeting of the Government Commission on the situation in orsk. Due to the flood, the orsy oil refinery temporarily suspended operations. All schools have switched to distance learning. More than 4,000 people have been transferred to temporary Accommodation Centers due to a dam failure. Contact us directly. We cont
The dow had been up about 1. 6 , on pace for its best day of the year, nonetheless up 1. 2 now. 500 up a 10th of a percent, both indexes with record highs. Yesterday,down 1. 3 rebounding nicely today as investors are buying mthe dip on the confidence of the mentality that we have seen some much this year. Take a look at the dow. Something else happening. Earlier, when it was up 1. 6 , and it had been the best day of the year, at this point the secondbest extending all the way back to february. After the election we had lots of big rally days, that was one of those days. A very strong day for the doubt and again of the five days in a row. And lets take a look at some of the stocks helping the s p 500. Kroger up 7. 5 . Earlier, up more than 10 . Their best day since 1993. Very positive. They put up a Strong Quarter and they beat earnings by 11 and comps rose. Everybody thought that kroger would be decimated by amazon, but they are doing with a do best, selling groceries and investors the
Lots to talk about. Looking at chinese debt, its another way of looking at all of this as the Deleveraging Campaign continues. , have a up the chart look at this is the borrowing binge. It has really been chronic. It is a chronic concern. Looking at this, we have total 206 of gdp, higher then twice the average economies. Should we be paying that much attention to the total amount or should we be looking ahead . This is deleveraging, the push that we have. There could be some light at the end of the tunnel for the naysayers about the chinese economy. Kong, shenzhen, shanghai and just under half an hour. And we have singapore, taipei, and kuala lumpur. On the street of dreams overnight. A tech rally, it was felt by the draw we saw in metals. It could be in for an interesting session. We will take a look at the big picture. The longest losing streak this year. A dollar. Tracking the decline into your treasury yields. Some of the tax talk optimism. Sliding with bond yields on the gdp. Seei
We are looking at industrial metals, the first down day in nine sessions. The emerging markets index climbed for the highest and about three weeks. Euro strengthening against the u. S. Dollar despite the likely passage of the tax reform plan. Gold gaining. 1 . David lets find out whats going on outside the Business World and for that we turn to emma chandra. Emma today, Congress Begins the final step toward the biggest inrite of u. S. Tax laws three decades. House republicans are expected to easily pass the tax bill and the senate is likely to follow later today or tomorrow. The measure permanently slashes the top rate of tax for business to 20 1 . O 31 35 in washington state, federal investigators say an amtrak train was speeding before a fatal the realm and. According to the data, it was going 80 Miles Per Hour in a 30 mile per hour zone. At least 30 people three people were killed and several others treated at the hospital. The train was making its first run along a new route. A tou
Housing startswere pretty soli this morning roadmap begins with that record run for the markets. The dow has now closed at a record 70 times this year. Will the rally push through year end amid turmoil in d. C. Speaking of records, the nasdaq breaks through 7,000 for the first time were going to take a look at the names driving that index higher. And downgrade for apple has the stock down slightly and hot holiday item that is sold out. Weve got the latest first up, futures are on the rise after another historic day for stocks, including the dow posting the record close of the year the house is expected to vote on the tax reform bill later on today. Looks like pretty clear sailing and Senate Begins a mandatory debate but pretty much with colins and corker and lee, this thing will get done. I think that people are driven by estimates. And i had United Rentals last night. United rentals immediately gets more cash. What are they going to do . Put more people to work, buy back more stock. W