Proceedings against luis suarez as he bites an italian opponent at the world cup. Well hear how people in his native uruguay reacted. And 60 years ago today, this young ethnic rubble hijacked a burmese passenger plane. Only now can we hear his story. Hello. We start in ukraine where the ceasefire appears to be under threat. Russia says it supports the truce and Vladimir Putin asked the Russian Senate to revoke his right to intervene militarily in ukraine. While that vote has just taken place, the president s right to send troops into ukraine has now been overturned. But sporadic fighting is continuing between russian separatists and ukrainian forces. A military helicopter was shot down on tuesday, killing all nine people on board. Kiev accused russian separatists of being behind that attack. Nato leaders are now meeting in brussels, looking at options to resolve the crisis. What can nato do . There are possible plans that include sending a funding money to boost ukraines defenses. Mili
I am her sidekick matt miller. Market makers. Lets get to the newsfeed. The top business stories from around the world. Consumer confidence is still close to its high mark for the year. The Bloomberg Consumer cover index was unchanged last week after three weeks of gains, the second highest it has been since 2008. In a report says Consumer Spending grew load less than forecast last month. Or largest a lawyer reduce alcoa has agreed to buy British Aerospace parts maker for 2. 9 billion in stock and cash. Alcoa has been closing on probable smelters because there oversupply of aluminum. The Worlds Largest furniture seller is raising its minimum wage in the u. S. Workers making the minimum wage will get an average 10 76 cents starting january 1, 17 raise. It will benefit about half of ikeas employees. The minimum will vary based on the cost of living and their 38 locations. Everyone is talking about on wall street, new York Attorney general Eric Schneiderman is a busy guy, pursuing charges
Then at 10 00, we have new home sales and Consumer Confidence. This afternoon, treasury will she auctioning 30 billion in twoyear notes. And dont forget about the fed. A number of speakers today including philly president charles plosser, bill dudley and john williams. Well be talking more about the economy in the next few minutes with strategists. First, lets get more on corporate news. Ill tell you whats going on that Insider Trading case. Reportedly dean foods has been subpoenaed. It involves carl icahn and Phil Mickelson and las vegas trader billy walters. Looking at securities around july 2011. Which is when icahn made an offer to buy that company. As for dean foods, investors are focusing on trading related to the 2012 spinoff of its white wave food. Also, the u. S. Export import has been in the headlines in recent days. This morning, its in the news for another reason. The wall street journal reporting that ximf bank has now suspended or removed four officials as investigators l
Way. Bait and click. Those online headlines you cannot resist. Last year every time we covered the media story in egypt, we would conduct our producer in cairo. He would advise us on logistics and help en insure we got the story right. But Mohamed Fahmy was not available this week. He and his colleagugiven spreading false news and aiding the band muslim brotherhood. Some of the prosecutions evidence was so flimsy, it might have been funny if the consequences were not so serious. In egypt, some Mainstream Media outlets applauded the echoing a wider view of al jazeera, a big part of the arab spring but fell from grace in the eyes of some over a perceived bias in favor of the muslim brotherhood. The crackdown on press freedom is parallel to larger security operation to quell dissent. Hundreds have disappeared. Some 40,000 have been arrested. Those are the kind of stories that risk going untold with journalists in egypt either parroting the narrative or facing the consequences. Our startin
Region. Help us understand what the fourthlargest city in iraq. I thought there was a. Errific set of maps find out. T is an autonomous part we will talk about this a lot in the hour. Particularly markets on the move in the past couple of hours. Lex jack lew will testify before the house subcommittee today. Finally, soccer to talk about. Italy versus your away versus uruguay. I am enjoying it. I did not think i would. I am a football guy. That we are doing it nothing like the enthusiasm of the mexico coach. Those frat functions thursday nights a few years ago. Markets havenow . Deteriorated in the past 40 minutes or so. Euro turns. Oil was a 105. It was down when we all came in. Back to 106. 98. On to the next screen. Was 113. De there is foreignexchange to keep foreignexchange hounds happy as well. 1015s caseshiller back years. This is the good news we have seen. The rollover as well. Housing of the question. The rent and buy calculation part of that as well. Tuesday we scour the pape