There is something way more sinister lurking behind electrical grids. A new report is warning that the very source of our globes power could create a National Disaster on a massive scale. The report says our entire air, rail system, it could all go down. Satellite communications, maybe even death and destruction could follow all from a massive solar flare on the sun. A u. K. Cabinet agency says in its space weather preparedness strategy report that humanity would have just 12 hours warning before a socalled coe row that mass ejection disrupts electrical power generation, telecommunication, avionics and, as we said, satellite systems. The Natural Disaster would not mirror those of hurricanes or tornadoes in terms of destruction, but an extreme solar storm could leave 130 Million People without power not for months, but for years and could also produce a catastrophic loss of life depending on how long the nations electrical system is down. So what do we do when weve got big utilities her
Set for 2016 and both u. S. And canada, this could be the last chance for a last agreement. Negotiators, where do they hit a snag late last night over dairy imports and exports along with patents on prescription drugs. A deal would solidify the president s muchhyped pivot to asia. Economists say it would be a 77 windfall for the American Economy 77 billion windfall. Donald trump, Hillary Clinton, joe biden, of course the markets. Fox business exclusive with miracle man, 1980 u. S. Olympic team hockey goalie jim craig. Folks, get out your wallets, he is about to sell the miracle on ice jersey, gear and even the gold medal. Well show it to you all. Less than an hour to the closing bell. Lets start the county down. Liz now way, hawaii, is ground maui, hawaii, is ground zero. Tpp as it is known. Ministers from 12 nations are working fever like what many say could be most important global deal in history. Playing out on sandy beaches in maui, not even part of the talks might be muscling in,
Retail may get a lifeline. Secondquarter loss was worse than expected. Overseas in scotland, a new poll shows antiindependents voters have the lead just one week before the referendum. Rsb may leave at scotland if it votes to separate. Our top headline today, president obama reasserting military presence in iraq and syria. I have made it clear that we will hunt down terrorists who threaten our country wherever they are. That means i will not hesitate intake action against isil syria as well as iraq. This is a core principle of my presidency, if you threaten america you will find no safe haven. Joining us for more is chief washington correspondent, peter your big take away. I thought his speech last night was effective, and it is a bigs beach for a man who is framed much of his presidency around ending americas war. He committed the u. S. To an open ended military campaign against the terrorist group. Discounted as a threat a few months ago. You can sense in his voice the reluctance. st
Today, a somber day here in new york and across the country. We are marking 13 years since the attacks of september 11. The names of nearly 3000 people areed on that horrible day being read at what was known for years ago as ground zero. Four years ago as ground zero. The relief fund ended up donating more than 180 180 million to families of victims. Howard, welcome. When we think about people who have made such a commitment to the cause, your name is at the top. 13 years later, how do you keep this going . The key is to drive close to those families. I was Walking Around the firm this morning and i walked into a young man. George was his dad. A great guy. I see his son how old is he . In his young 20s. I was taking my son for his hest day of kindergarten and has changed. We keep the familys clothes and turn the state into something positive and something beautiful. Families close. How many of the families are still there . Just under 100 left. We had 960 in new york. We had secretarie
Are concerned about the global economy. Do you feel like he is not as concerned as everybody elses. Steve is playing in the private markets. Those investments take a lot longer to mature. Whether he feels relaxed or not it is not easy to move illiquid assets if you are a black so if you are a Blackstone Group and one of the things we talked about was russia. Impossible not to talk about russia. Steve sits on an International Advisory panel. That is a position he still holds. I want you to hear Steve Schwarzman talking about the rifts in russia and how he plans to respond. I think in the short term, other than if you are a market operator, which we are not, we buy assets on a longerterm basis as a rule in most of our businesses. It is time to watch. This can have a variety of from going back to business as usual or lurching off into some other direction. To make markets to make money. Who is on the other side of the market . Steve tannenbaum. At where gasu look is straining in the 400,