Blaming uk Consumer Confidence and pulling the rug from kingfisher in the sector. And your move, senators. A u. S. Golf. Shutdown a imminent address lawmakers try to round up enough votes to avoid it. The pressure is on the senate after the house passes a shortterm spending bill the iea is forecasting a big increase in nonopec crude production over the course of the next year. It expects the pick up in oil prices to spur higher levels of shale production in the United States but the iea says the recent rally has the potential to rupp out of steam as higher prices weigh on demand. Joining us from paris is Neil Atkinson from the iea. Thank you very much for joining us the question i have is about what is going to happen with the opec numbers weve seen them last year try to curb production. Weve seen that spur this higher price. Thats encouraging shale producers to get back into the market that could depress that price. Is the only solution for opec for that greater demand . You could arg
A little drizzle off the coast, South Lake Tahoe and truckee at daylight it will be gorgeous. Chains will be required and as far as any rain goes, we are just seeing a few areas east of san jose and milpitas. Look towards the mountains today. You may see a light dusting of the white stuff. The usual slowdowns on westbound 580 in the yellow between 205 and 680 about 25 minutes. No accidents. Heres a live look at your ride along 580 near first street. You can see traffic does start to pick up out of livermore. A crash at the highrise no slowdowns. 13 minutes to 101. Stacking up in the cash lanes. No metering lights just yet. Back to you guys. A bitter fight erupted in the senate as it now holds the power to avoid a Government Shutdown. Without a measure, the government will shut down at midnight. Anne makovec reports. Reporter the clock is ticking. Its going to be an interesting day. The house passed a shortterm spending bill to avoid a Government Shutdown. Now its in the hands of the se
And over im julie went on with this is the news hour live from london coming up Security Forces a back a gunman at a major hotel in the Afghan Capital reports of at least fifteen People Killed or wounded. Turkey says its launched an air and ground offensive on kurdish positions in syrias aspirin region. U. S. Politicians get back to work trying to break the deadlock lets shut them government on the First Anniversary of dumb trumps presidency. A sanctuary in northern kenya thats helping at the community as well as vulnerable as. In sport olympic bosses confirm north korea will be at next months once again chang twenty two north korean athletes will compete with the two koreas marching behind one flying at the Opening Ceremony. Of their warm welcome to the news hour now. A major hotel in the Afghan Capital kabul is under attack by gunmen thats according to the interior ministry local media reporting at least fifteen People Killed or wounded the government Spokesman Says special forces im
Direct assess to the Vice President for most lawmakers. Francis says he realizes it was a slap in the face to victims he never intended. He defended a chilean bishop accused by victims of covering up for the countrys most notorious pedophile priest. During an Airborne Press Conference as he returned home from south america, the pontiff said, im convinced he is innocent. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Vonnie its noon in new york, 5 00 p. M. In london. Shery welcome to bloomberg markets. Vonnie from bloomberg World Headquarters in new york, here are top stories. We are following this hour. Shut down, day three. Mitch mcconnell calling for a temporary spending bill with a promise to deal with daca and immigration later. So far, no democrats willing to budge. We await the senate scheduled vote this hour. Stocks are edging higher to a certain extent as i investors shrug off the dollar continues to
Misconduct by aid workers. Uk charity, Plan International, admits to six cases of sexual abuse and exploitation of children by its staff and associates. A cold weather alert as britain braces itself for an arctic blast from russia dubbed the beast from the east. Philip will tell us more. Good morning. Dry and bright and sunny this weekend for all of the British Isles. A bit chilly. Next week, things get much more cold. We could seei real return of winter. I will see a real return of winter. I will have more information injust 15 minutes. Good morning. First, our main story. Team gb is celebrating its best ever Winter Olympics, after billy morgan won bronze in the mens snowboard big air. Taking them past the four won in 192a and 2014. The Womens Curling Team faces japan in a bronze medal match later this morning. At the age of 28, morgan was the oldest snowboarder competing in the final, and fell on his first jump, but came back with two good runs to finish less than one point from silv