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We kick off three hours with the euro son Flash Services pmi, 5. 7. A little weaker than consensus. Lowest since july 2009. Business expectations 48. 6. Manufacturing manufacturing pmi 46. 2. Composite pmi as a result 45. 8, which is pretty him bang in line with the reuters poll. So Service Sectors worst since july 2009, decline in manufacturing eased a little bit more than expected in november. Joining us, chief european economist. Ricar ricardo, thanks for joining us. So still a negative territory. What does this point to in terms of the economic decline for the Fourth Quarter . I think its in line with the idea that real sgchlt dp will decline by at least 0. 2 , possibly 0. 3 . It will give us a negative entry point in 2013 when i expect an average growth of minus 0. 2 . So still moderately recession territory. The g ....
Good evening, everyone. Im erin burnett. Outfront tonight, no ceasefire. The killing continues in israel and gaza. The conflict in its seventh day. U. S. Secretary of state Hillary Clinton in jerusalem tonight. She arrived late and went straight to a meeting with Prime MinisterBenjamin Netanyahu. Americas commitment to israels security is rocksolid, and unwavering. That is why we believe it is essential to deescalate the situation in gaza. Deescalate the situation in gaza. What does deescalate mean . There was a spade of rockets just a moment ago, but yet thats the key word being used by the administration. During a brief press conference with Prime Minister netanyahu, there was no mention of a ceasefire. Netanyahu said israel is prepared to take whatever acti ....
Shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. And the National Rifle association speaks out for the First Time Since the attack. It proposes a controversial plan to prevent similar mass shootings. Lets go out front. Good evening, everybody. I am Soledad Obrien in forever inburnett tonight. Out front this evening, lowering expectatio expectations, just ten days until we fall off the fiscal cliff and no deal in site. Tonight president obama urged congress to broker a scaled down deal. I just speak to speaker boehner, and i also met with senator reid. In the next few days a asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects Unemployment ....
Hello. Welcome to todays worldwide exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Investors cheer barclays strategic overhaul, the bank is cutting 3,700 jobs, trimming weakness. Inching towards global currency wars, the warning from the world bank will urge economies to stick to a market base Exchange Rate system. And another day, another bank. And were just hours away from president obamas state of the Union Address. Hes expected to call on more tax hikes and fewer spending cuts. Announcer youre watching worldwide exchange, bringing you bes news from around the world. Welcome to todays program. It is tuesday. Yeah. And loreal is talking about the strong euro in france. Right into trading down double digits this morning. Another story in italy, it seems like the entire world press core at this point will be desending on trade. Ye ....