First of all, imagine for a moment someone tells you that theyre giving you a gift worth 237 million. I mean, thats enough money to make you want to shout. Write this, start making plans, telling everybody you know but then you find out that the actual value of that gift could be zero well, thats what happened this week on an historically black college, black University Campus in tallahassee, florida this would have been the largest donation ever to an hbcu and we know how these schools have been so underfunded, right . This one has had some very public financial challenges, especially but to understand this massive collapse, lets go back one week, to may 4 thats the de of florida a m universitys Commencement Gregory Two Rami is introduced as the ceo of better sun farms corporation. He gave a speech that ended with the Surprise Announcement along with a huge ceremonial check hundred and 37 million and bad away the money is in the bank all the cheering there. Did you hear the background
Add cost, we are at 75 after two years. The yen source to a 15 month high. The new fed chair says he will push ahead with rate hikes despite the stop stock market route. Grows that zuma will quits today. His home was raided this morning and one brother arrested. He is denying calling a press conference. Than a half less hour away from the start of european trading. Thats take a look at futures after the markets closed down yesterday. We have a positive trading futures indicating gains at the open. We also have a positive trade on u. S. Futures indicating gains for the open and new york as well. Take a look at treasuries here. We have the threeday chart of the 10 year yield. You can see we are now trading at 2. 8222. The yield continues to come down on the 10 year. That may be some of the relief that you see in stocks. We could see some gains. Some more risk on activity at the open this morning. Lets get an idea of what will happen today. The futures uptick to a positive start. Take a l
Budgets or get the details from our brussels correspondent. Thanks so much for your Company Everyone the feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and is promising new more aggressive sanctions against the north he met with south korean president moon in the following on his warning not to allow pyongyang to quote hide behind feel a big banner and today acumen presided over a military parade a show of force after sending athletes and performers over the border while that move is seen as either a bit to thaw our relations with the south or a ploy to provoke the us. North korea and the United States are still sending mixed messages a day before the twenty eighteen winter games. Despite signaling it was willing to talk north korea hasnt traded the savior for the olive branch quite yet pyongyang staged a massive military parade marking the founding of its armed forces. Add
Built up for our sports team plus a germanys or probable new government gets the european stamp of approval and thats not just because berlin will contribute more to e. U. Budgets forget the details from brussels correspondent and the textile company in burke enough i also using the internet to fend off chinese competition a look at the quality cotton garments of that are a runaway hit in europe. Im loyal to her are great to have you along everywhere. The feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and is promising new more aggressive sanctions against the north while he met. With south korean president moon jay in following on his warning not to allow pyongyang to quote hide behind the olympic batter and today kim jong owner presided over a military parade a show of force after sending athletes and performers over the border well that move is seen as either a bit to tha
That has. Happened a big issue on the obviously immunity. Potentially facing off for the presidency. Has also been reluctant to give him bet one can understand why this is a very complex political situation christine explain to us the Different Centers of power here. Right now has to say youve got jacob zuma in the president s. At the. House and whats happening now is sort of really wants to get to the presidency he wants to start implementing his agenda and getting that jacob zuma and just to give you a sense of how bad this policy struggle has has. South africa for the first time in its democracy bowed to the state of the nation address that was a speech that the president gives the country signal direction the countrys taken of course people did not want to give that address opposition parties and made that very key. Well there for them is also voicing their opposition to that its also crucial for sort of that zuma did not give that address it would signal that is too weak doesnt fa