Olivia i like that. Newreece, may have elections to get rid of dissenting voices in his own party. Alexis tsipras said he would quit and copper new elections. He has been in office eight months and he was elected on an antiausterity platform but agreed to more tax hikes and spending cuts to get a badly needed a lot. Greeks, women and men, i want to be absolutely honest with you. We did not achieve the deal we were hoping for before elections in january, but we did not face the reaction we expected. In this battle, we make concessions but we brought a deal that given the overwhelming negative correlation in europe and given what we inherited from the absolute binding of the country in terms of the memoranda austerity measures, that was the best one that could succeed. Greece could hold an election as early as september 20. It received the first chunk of the 95 billion bailout this week which it used in part to pay back the ecb. In turkey, the president is faring is hearing up to call fo
Good morning, annemarie. Here on wall street it is shaping up to be another bruising day. U. S. Stock futures hit a sixmonth low this morning. Wall street had its worst performance in 18 months thursday driven in part by a dramatic drop in the chinese stockmarket. A report found chinas factory activity fell at its fastest pace in more than six years. After the devaluation of the chinese currency, there is worry that the slowdown in chinese economy could slow downworld economic growth. Thursday all indicators were down, more than 2 . The dow lost 358 points, the s p fell 43 points. The nasdaq dropped 141 points. Asian stockmarkets tumbled following wall streets selloff. The shanghai composite lost 4 . Meanwhile greece is apparently headed for another national election. After rebelling in Parliament Prime minister Alexis Tsipras said hes stepping down and calling for early elections. Tsipras said he got the best bailout possible from eurozone countries. If he gets approval, elections wil
Flood concerns throughout the region. Storm accident happen three shows the wet weather which will hang around overnight. Good evening, im jessica dean. Ukee washington is off tonight. A Flash Flood Warning has just been issued for parts of the region. Lets get right over to meteorologist kate bilo who has closer look at whats happening right now. Kate. Joyce today some of heaviest rain weve seen all day is now falling across our western suburb. Montgomery and buck bucks counts and portions of Chester County lets get into it. You can see this line of rain progressing through new york state and our region as well. Heff crest rain again north and west of philadelphia lots of lightning with this and lots of heavy rain its not over yet for south jersey getting steady rain at the moment and watching this line in eastern maryland which eventually will lift into portions of delaware. So we still got several hours of heavy rain to get through and again our first Flash Flood Warning of the nigh
And portions of Chester County lets get into it. You can see this line of rain progressing through new york state and our region as well. Heff crest rain again north and west of philadelphia lots of lightning with this and lots of heavy rain its not over yet for south jersey getting steady rain at the moment and watching this line in eastern maryland which eventually will lift into portions of delaware. So we still got several hours of heavy rain to get through and again our first Flash Flood Warning of the night for our local region has just been issued and its thanks to this line of very heavy downpours moving through portions of especially upper Montgomery County upper bucks and into northern Chester County as well. You can see the lightning associated with this the red shading an indication that rain could be falling at the rate of one to 2inches per hour in the center of this stop. Getting hit right now upper and lower frederick over toward marlboro headed toward 476 northeast ext
Shaping up to be another bruising day. U. S. Stock futures hit a sixmonth low this morning. Wall street had its worst performance in 18 months thursday driven in part by a dramatic drop in the chinese stockmarket. A report founds chinas factory activity fell at its fastest pace in more than six years. After the devaluation of the chinese currency, there is worry that the slowdown in chinese economy could cause a slowdown. Thursday all indicators were down. The dow lost 358 points, the s p fell 43 points. The nasdaq dropped 141 points. Asian markets tumbled fall follow wall streets selloff. The shanghai composite lost 4 . Meanwhile greece is apparently headed for another national collection. Tsipras said hes stepping down and calling for early elections. He said he got the best bailout possible from the eurozone countries. Cocacola plans to Start Publishing information about its health and nutrition efforts. Coke was criticized recently for funding a group that many felt promoted the co