Insurers for losses first three years the law is in effect. Senator marco rubio is introducing legislation to repeal the clause but it may not stop you from having to dig deep into your pockets for a bailout for the Insurance Companies. Here to explain radio talk show host Monica Crowley and weekly standards steve hayes. Both are fox news contributors. So i cant believe that were sort of just hearing about this and figuring it out now. It is called the risk corridor. It basically it says if insurers costs are 3 more than what they targeted, we the taxpayer, will give them 50 of that difference. If it is more than 8 above what they anticipated, were going to give them 80 of that difference. Oh my yeah, youre exactly right. Were just finding out about this over the last week or so but those of us who opposed obamacare all along, steve and weekly standard, and i we were warning exactly read this. Nobody read the bill. We were warning about these kind of time bombs that would blow up as th
People are missing in the philippines. Its been a week since super typhoon haiyan ravage the the country. Food and medicine are arriving in the devastated communities, aids groups say they face huge challenges getting help to people in remote areas. U. S. Military say its rescued 3,000 people and delivered more than 100 tops of food, water and other supplies to hardest hit and isolated towns. International humanitarian groups are on the ground giving medical help to survivors. We turn to craig leeson at cebu. Hopefully you are there still. Do you feel like help is getting to the people who need it . Early Morning Light filters to the deck of the mv gemini6. It fails to make the sleeping crew. Theyve been up most of the night loading supplies for a rescue mission, bringing relief aid to a Remote Island of bantayan off the northern sip of cebu. It was one of a dozen islands to be decimated by typhoon haiyan. I can only imagine what the people have been experiencing, and other suffering,
Tonight hope is beginning to reach the far corners of the philippines, coming too late for many, and more than 1,000 people are missing from typhoon haiyan. Our craig leeson is live at the airport in cebu. Craig, in you can, describe to us the relief effort. To you feel help is getting to the people who need it . Well, certainly in the most immediate areas, the epicentre of where the typhoon struck in leyte, tacloban, we are seeing a flood of International Relief come in here at the cebu air force base. Thats been taken straight to tacloban, where its being distributed. What we are getting now is a bulge effect. More is coming in, it hits these areas and bulges out into the more remote areas, which then goes into a trickle. We have seen the u. S. Navy fly into gihan, taking evacuees from other islands bringing them into a base and bringing in food to that area. Up until this point it has not received it. That copped the brunt of the storm on the east coast, the first place that the tid
Putin made a statement about the elections, sort of acknowledging that they would take place, probably a good thing, i think was his language. We acknowledge that he said that the referendum should be stopped, but it didnt stop the referendum. William hague a few moments ago told you that it is in the attitude and behavior that you make this judgment about what is being done. Im not going to start laying out a whole series of definitions, except to say to you that it is clear what proxies mean. If russia or its proxies disrupt the elections, stand in the way of the ukrainian people being able to exercise their vote, that is when and if there would be additional sanctions, but our hope is that russia will join in to encourage the vote, that russia will encourage prorussian separatists to say that they should work through the process that has now been opened up, that russia has helped insist on, that that process now be given a chance to work through the osce and otherwise. That is our p
Month lows, three and a half month lows, today up 4. 25 . At these levels the are they bee more cautionary on wall street . That being said when you look at the s p 500, there is resistance at the 1802 level. While 1800 sounds like a great level, the traders and analysts looking at 1802 as the resistance area. Lori thank you so much, nicole. Dennis a stock alert. We are watching of microsoft on a downgrade from comerica merrill lynch. Cut in the stock to underperform on neutral citing challenges to the you have to be named ceo. Tech giant may be getting closer to replacing steve ballmer. Meeting today to narrow down that list of candidates ahead of tomorrows shareholder meeting. Lori and sonys new playstations off a strong start, over 1 million councils sold within 24 hours lunch. The speed is the first updated videogame system in seven years. Dennis hoping to sell 5 million by march. Reports of some glitches here and there, but they say this is within expectations of a new Product Lau