We will figure out where we go from here. Lets started off with nicole petallides. She is at the new york stock exchange. Nicole no panic. The nasdaq was down nearly 2 . Lets take a look at the dow. The fiscal cliff remains front and center. We heard from john boehner today. We are not seeing bipartisan agreement at all. We are off of the lows of the days. Names like bank of america among the biggest losers. While you see a few trying to give it a go in the green, the truth is, you are seeing broadbased selling. The s p 500 is down a full percentage point. While there are some select winners, the truth is, you have many affected. Connell thank you very much. You heard a moment ago from the speaker. You did not hear this morning from the mayans. Brian wesbury is here and he is his usual optimistic self. You are always relatively optimistic about the economy, but even after last night and what we in washington . Sure. You know, yes, the fiscal cliff is coming. We have known him for a lon
Welcome to the journal on dw. Heres a look at our headlines at this hour. Clashes on the streets of alexandria ahead of the referendum on egypts new constitution. Relations between russia and the European Union in focus as Vladimir Putin plays pays a visit to brussels. And today is the start of a new era according to the ancient mayan calendar and the old one draws to an end. In egypt, the final round of a National Referendum on the countries disputed new constitution is set to start on saturday morning. Most observers expect the constitution to be approved. Unofficial results from the first round of voting last week showed 57 in favor of the document. Critics say the constitution is to islamistbased and ignores the rights of women and minorities in the country. In the runup to the vote, opponents and supporters of morsi clashed again on friday. Our souls and our blood we sacrifice to islam, they chanted in alexandria. Thousands of Muslim Brotherhood supporters rallied in the city ahea
In egypt, the final round of a National Referendum on the countries disputed new constitution is set to start on saturday morning. Most observers expect the constitution to be approved. Unofficial results from the first round of voting last week showed 57 in favor of the document. Critics say the constitution is to islamistbased and ignores the rights of women and minorities in the country. In the runup to the vote, opponents and supporters of morsi clashed again on friday. Our souls and our blood we sacrifice to islam, they chanted in alexandria. Thousands of Muslim Brotherhood supporters rallied in the city ahead of the voting on egypts referendum on the proposed constitution. My message to the egyptian people is saying yes to stability. Production needs to start moving. Economic reform will jumpstart political reform, not the other way around. Opponents of the constitution were also out in force. Police tried to keep the two groups apart but were unable to prevent clashes. Reports s
Good morning, america, youre listening to the famous boys and girl s choir alumni harlem ensemble. Theyll be serenading us with sounds all morning. Good morning, america. Two days until christmas, gma never sounded so good. Those guys are great. You can see ron tapping. They do a mean Feliz Navidad. Great to have them with us this morning. Also this morning, we are going to take a look at some fancy high, highend Christmas Gifts affordable only for people who may have recently won the lottery. For example this thing. A jet pack, 100,000. This guy drives it well. I got a chance to test drive it, and thats what happened. Yeah, yeah. It didnt go so well. It looks like fun when he was. With you, dan as it turns out its tricky to use. Yeah. The gift that keeps on giving. Perhaps we shouldnt be running that story. Also this morning, keep a close eye on those gifts you do buy. Unfortunately, tis the season for christmas crimes, as well. And well show you some bad guys caught on tape red hande
Strong one moving into the bay area. All of the reds andie and yells with flooding occurring now near pedaluma. Here is pedaluma. Stony brook road, pen grove park some streams above flood stage. To the north, forestville looking at heavy rain. Further south, southern marin county, south salito lighter rain. Heavier cells here into the east bay around the san ramon valley. Dublin, 5850 heavy rain. Further on the peninsula looking at good cells from pacifica, half moon bay, moss beach and montera. Heavy remember rain. Lighter returns for sunnyvale, coupe cuper it tino and san jose. The suze mountains have gilroy, light rain here. Moisture pushinged in along the coast. Winds up to 38 meals an hour in oakland with a wind advisory through 1 00 in the north bay and 2 00 through the south bay. Continues to increase throughout the morning hours. We clear up, though, the second half of the day. All of the windy Rainy Weather is churning up the waves in pacifica, forcing the peer to close. That