Shadow chancellor John Mcdonald will measure this budget with joining me now from geneva in switzerland is someone who has advised a shadow chancellor standing cofounder of the basic Income Earth Network guy thanks so much for coming back on so after years of tory austerity the un called it callous policies driven by a political desire for social reengineering how well prepared is the chancellor to offer policies in response to Something Like coronavirus well to be frank i think its almost irresponsible to be having a budget today the chancellor is a young man whos never had a senior government position before and hes been in the job for weeks to prepare a complex budget and an extremely sensitive moment in our modern history when weve not only got the pandemic rushing towards us but the World Economy is at the very very fragile state. Bad mistakes at national and International Level could lead us into a big recession i want to get to those macro level top topics in a 2nd but im not su
Will be possible what does that. Language has been used effectively with. 1 many many images of me. Doing it. Live from moscow thanks for joining us of the week you run out of top stories. Welcome to the program. Now its been a week dominated by events in the middle east iran has admitted to accidentally downing a ukrainian passenger plane due to human error and faulty communications all 176 people on board were killed in that accident in the early hours of wednesday a plane crash follows an exchange of missile strikes with the United States after washington killed a top iranian general and iran retaliated by targeting an american air base in the region r. T. Saskia taylor a caps how would one fall that. This week has shown more than africa that tragically its the average man is the victim of political wars and the tensions not seen in decades terror on and washington have been engaged in a war of. The Iranian Regime is aggression in the region must stand now weve told the Iranian Regi
Down on the central and eastern u. S. The same storm system pounded missouri yesterday. Slick roads caused hazardous conditions, and interstates on both sides of kansas and missouri were forced to close. The snow follow hard as the Kansas City Chiefs took on the Denver Broncos yesterday. At one point, chiefs Tyron Matthew dropped to the ground and made a snow angel. Our chicago station, wbbm shows where the storm is headed. The storm will connect with deep moisture from the gulf of mexico, and its going to create wintry weather from missouri all the way to maine. As it pushes closer to the eastern seaboard monday night into Tuesday Morning, we could see problems with some Ice Accumulation as cold air rushes in behind the system. We see a second front that will be a reinforcing shot of cold air. The snow, yes, it will line up ape good one to four inches possible with some isolated five or sixinch totals as low pressure travels to the east. Cold air rushes in north of that system. But ou
Increasingly concerned. It is the economy. Jay powell fed chief jay powell holds where facetoface talks with President Trump. Warnings from within the fed. Rosengren eric morning policymakers against putting financial policy at risk. We will hear exclusively from him. And now, back to sophie for a look at australian markets. Higher. 6 200 is opening a2 milk leading the pack. Aining 17 after reporting better margin outlook. Checking in on the aussie dollar. Ahead of the rba. Still clearly and a focus for the currency. 1 ancks are adding on hour into cash trade. Futures Holding Steady in chicago. Lets see how we are sitting up in hong kong. Hans sang futures are under pressure after the rebound. Speculation that chinese funds are providing support for the market. Even so, there is some investor caution given they are rethinking their positions with the increasing violence in hong kong. We did have the hans sang in the hong kong index regain their 50 day moving averages. Lets jump to the
Im Morgan Brennan with melissa lee and mike santoli live here at post 9 at the New York Stock Exchange carl and jon are both off this morning. Weve got a big show ahead with shares of uber tanking more from our exclusive interview with Ceo Dara Khosrowshahi in just a few minutes. And later, dropbox dropping in a big way with those shares down 13 . Ceo drewhouse will join us in another exclusive at the bottom of the hour. But first, well begin with whats really been a wild week for the markets with the dow down triple digits again down right now about 165 points. What should investors make of the big swings in stocks that we have seen for this week . Bob pisani has those answers from the floor here for us bob . And the answer is that it depends on what the president is doing on tariffs and what the Federal Reserve is doing the president just making comments moments ago, not ready to make a deal on china yet, and thats frankly whats been moving the markets for the last week or so you see