Burst. But first, coming to terms with an attack in egypt that left 300 people dead. Of the sears this could be in a function point. A is a truly shopping truly shocking event. Think the thing you have to remember is egypt has gone through a series of proposals on the political side as well as i thinktreet for now, we should view it as an isolated event and see where it goes. They will clamp down hard on this. I think we should take a moment and see where things progress before jumping to too many conclusions. The question is how should investors should look at the story. Market sold off. Egyptian assets remain firm. It is an interesting one. If you look at it and go back a year. You have to view this as a timeline situation. Few foreign, very investors had an appetite for egypt. Bitsecurity situation was a of a mess. Last october or just over your go, 20 billion dollars. Today, they are 36 billion. Half of it has been dispersed or approved something to looking good. ,ven if we talk ab
We have the brexit show coming up, brexit negotiations over last week. Beopean stocks seem to pretty steady. There hasnt been that much move over the last five days. Study after yesterday. Concern that of the u. S. Tax reform plan is encountering stumbling blocks. Gains, asng back some theres not so much of a risk. You can see the vix index up 5 . Heres nejra cehic with first word news. Nejra President Trump has arrived in vietnam and delivered a speech. He said that washington will only make trade deals with countries that play by the rules. Not formally will meet with Vladimir Putin. There has been speculation that the president and his russian counterpart what cost talks today. Letident trump will not the United States be taken advantage of anymore. Put americagoing to first, the same way i expect all of you to put your countries first. The u. S. House ways and Means Committee has approved intervention of tax cut plans. Bill costs have been trimmed, while adding limited Liability Co
Economics, finance, and investment but is america exhausted by a stunning game last night . It will truly get super bowl ratings. Francine well. Politics, sports has been amazing. Government british is bracing for a court ruling in the lawsuit challenging brexit. In about an hour three judges will roll whether theresa may can begin the u. K. Exit from the European Union without permission from parliament. Wasish parliament overwhelmingly eu. Egypt has taken the unprecedented move of letting its currency trade freely. The measures move egypt closer to getting the 12 billion loan from the imf. Federal reserve policy makers have telegraphed their intent to raise interest rates. The fed says it needs only some further evidence that employment is on track before hiking the rates. What they do not know is what impact next tuesdays election will have. Our kids priced in an 80 chance of a fed move next month markets priced in an 80 chance of a fed move next month. The report has ordered an inv
It happened just outside the capital city of daka. You can see that every window is lit with flames. Some workers did try to escape by jumping out those windows. 200 people were injured. Officials say there were 200 workers mostly women, in the factory. They expect the death toll to rise. China has successfully landed a fighter jet on an Aircraft Carrier for the very first time. Chinas official News Agency Says the Aircraft Carrier was originally being built for the old soviet union. Its expected to hold 30 j15 fighter jets. It could be years before that carrier is fully operational. And a sixalarm fire kept firefighters busy overnight. It continued until the Early Morning hours. Two firefighters were hurt when a wall collapsed on them. 20 apartments and several businesses inside that building were damaged, but all the residents, they got out safely. A voluntary recall for the generic version of the popular anticholesterol drug lipitor. It is made by a Company Called ranbaxy. They fear