And over 1 Million People are displaced as a powerful typhoon moves across the philippines suspending the bond markets as well as the currency market. Youre watching Worldwide Exchange bringing you Business News from around the globe. A very warm welcome to the show. Lots on the agenda. Well talk europe and china in a couple minutes, but the u. S. Dollar continue this is rally. In november and december, we think, are people looking backward or will they be looking forward at the structural elements for the stronger dollar. It seems like the latter. The strongest unemployment gain in 30 months is providing fuel to the u. S. Dollar. We were talking about it when we first started on Worldwide Exchange at a fourandahalf year high. Now close to an eightyear high. Definitely a resurgence. The question is how far can it run . Well discuss that throughout the show. But the ecb Council Member says he sees weakening in the eurozone economy and calling it a weak spot in the world economy. He cite
Stuart look at this. Oil tumbling again. You are looking at another five year low. The dow 50 a barrel since june. Two cents a gallon a day. The cheapest in the country is at right where you are looking at it now. Come on in. You think we will get to 2. 50 by christmas . I would say so. I was thinking about putting it to 40. At first i hear programs. To four days before christmas. We have seen an extraordinary the client. Gas prices saw their biggest threeday drop in over two years. Six and a half cents a gallon. I do not think it is much of a grasp to speed and to the 240s by christmas. Stuart why those two states. Very close to the west texas intermediate group. Low gas taxes. That is really it. The other states expecting to see 2 prices within the next week or two. Mississippi. All of those states. Much of the south seas gasoline among the lowest compared to any other region across the country. Only two states where the prices above 3 on average. Connecticut did slip under 3 a gallo
Businesses they saw in the past two nights. It was mostly peaceful. We are told another roast is being landed for tonight. And the goal is they try and shut down Berkeley City Council meeting. We are reporting live in emeryville. Thanks. Amtrak service will be rolling on time through berkeley despite the movement by protesters last night, look at the pictures, dozens lay down or stood on the tracks near the berkeley station, this picture was taken by evan with the San Francisco chronicle and sky 7 is showing protesters on the track, some climbed on the safety signals and amtrak put stranded passengers on buss and trains to get them where they needed to go. At look from sky 7 of police making a stand on interstate 80 by powell street and started driving protesters off the interstate that could be the only this evening that kept them from get on to the bay bridge. A woman trapped in the backup caused by protests went into labor. Firefighters met her on the side of the freeway in berkeley
After dark, still will be mild in the midtoupper 50s with you have you may need the goggles for the fog. We have lights on, on generator power after the bridge went dark. We have light here, and i looks like the traffic is moving along swiftly. On the bay bridge the traffic is busy coming in from the maze at 16 minutes from the east bay to San Francisco and this is are we are having problems westbound highway 4, two miles visibility indicating how dense the fog is. At highway 242 we have a twocar crash so possibly a result of the heavy fog blocking one lane. Another big story beside the impending storm is i80 was shut down by protesters last night in the largest numbers yet of alleged police brow facility brutality cases across the country. Amy hollyfield is in emeryville with the arrests. A big protest. The big problem was here on 880. Here is why you were stuck in traffic, c. H. P. Arrested 150 people last night for blocking 880 in both directions in the berkeley area. The people are
They are clearing out all the storm drains, not just the leaves and mudd but sending it down into the drain to clear it out. They are trying to get everything done before the storm hits. Rain is not falling yet. People are already thinking about the storm. Tom loaded up the bed of the pickup truck with sandbags for his berkeley home. The big storm that will come in, in two days is bigger than the last big one. Our drainpipe is broken. Our drive fills up with water lick a big swimming pool. Acity the berkeley order 1,800 sandbags for residents, a third already are gone. Many people are using Lessons Learned from last weeks storm to prepare if this storm. We had the big storm the water came under the door. We dont know that would happen and it flooded the bottom the door so we thought this time we would get sand sandbags. Crews are trimming trees or cutting down those that are leaning. The city of berkeley is in charge of 35,000 trees and private companies are call on the rest. Tree comp