Deep establishment. Is a process. You cut government spending, increased taxes in order to balance the governments books but you fail. Yes, you reduce government expenditure, but on the other tax, the economy shrinks so a reduced and your books dont balance a you cut even more. It shines even further and cut more, so it is a neverending downward spiral. Amy then six weeks after Hurricane Maria hit puerto rico, millions still lack clean Drinking Water and electricity. Just back from puerto rico, we will bring you a report from the interior where the storm has exploded the fault lines of poverty and austerity. My name is carmen. Everything here was destroyed. It is not easy to be struggling like this, doing everything by hand. There are Sick Children and elders. That is how it is here. My father vanished. He died. So that hasnt been easy for us. We are alive. We have to thank god amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the war and peace report. Im
Elites benefit from global capitalism with former greek finance m minister Yanis Varoufakis. Is due book, adults in the room my battle with europes deep establishment. Is a process. You cut government spending, increased taxes in order to balance the governments books but you fail. Yes, you reduce government expenditure, but on the other tax, the economy shrinks so a reduced and your books dont balance a you cut even more. It shines even further and cut more, so it is a neverending downward spiral. Amy then six weeks after Hurricane Maria hit puerto rico, millions still lack clean Drinking Water and electricity. Just back from puerto rico, we will bring you a report from the interior where the storm has exploded t the fault lines of poverty and austerity. My name is carmen. Everything here was destroyed. It is not t easy to be strugglig like this, doing everything by hand. There are Sick Children and elders. That is how it is here. My father vanished. He died. So that hasnt been easy f
The opening numbers, 3071. Ore, 3071. I will talk more about the open there in singapore. That being said, with the guide, is talking parliament. You look at the balance, do we go up or down from here . It is balanced at the moment. , he we dollar is on the way down. That is really standing out. Not reallyelse is much conviction. Have a look at the bond markets. The rally continues. Massive moves down in yields over in europe. We sought it down about 2. 3 percent. A little higher on the 10 year yield. There is your move. Were back below. 1 here. On the japanese 10 year bond, and in 10 years time we will get best 10 minutes time we will see if it will help support the market and anchor this. Look at the equity markets. We talked about singapore at the moment. Taiwan is also opening up a fifth of 1 to the upside. Said, not a lot of conviction. Just wrap things up with a look at the touchy here hitachi here. The deals. Do long story short, they have a project in south africa. There is a d
Well have more on the major mar announcement. Ment. Reporter and later, tomer brady taking matter noose hisosi own hands. The patriots quarterback posting a list of possible suspects insi the case of the stolen supern sp bowl jersey. Jse well show you who hes hs investigating and the possiblesi motives. Good day at 9a starts right noww no mystery here. Our motive is oh give youou information and entertain youta good day dc. Time right now 9 01. 9 0 it is thursday, february 23rd. 2d wisdom martin, holly morris, maureen umeh. Steve chenevey. Heney first look what will be onewn the hottest new art exhibits ine the nation cass toll it isit is called infinity mirrors itsrs s about to flood your social media timeline. Time. Allison tucker will join us liv later on from there. First, though, it is a throwr back thursday and this morninghm guess what . Were taking it alt the way back to the 7 roll it. Ro it. Lets do the hustle. Yeah. Thats not quite it, tuck. T we werent really talk a tk a dec
Europe is pretty weak. Ten year yield 223, now the lowest since mid november and gold came close to 1290. Our road map begins with a eye on the financials. Jpmorgan, wells and citi all reporting better earnings than expected. Plus, the new centrist president and about face from President Trump on several key Economic Policy positions. And apples big health bet. Sources tell cnbc that the company has a secret Group Developing a new glucose monitor to treat diabetes. But first up, earnings season is here with a bang. Jpmorgan and wells fargo and citi group out this morning. Citi earnings and revenue came in well above the estimates. Mortgages though remain a trouble spot. Pretty good in trading. Equity yeah. Very quickly, jpmorgan is pretty much what im going to say pretty much perfect. But the stock was up very big. People are looking at the futures versus the stocks and just hit them down. That is three basis points better. I love the delinquencies here. Theyre, very very good and comm