For the first time in two years. Our road map begins with the market. Stocks set for a tripledigit drop as investors react to claims that argentina default earnings and the fed. The food safety scare in china causes big damage to its kfc and pizza hut locations. The earnings parade marches on. And the biggest u. S. Ipo of the year set to debut right here at the nyse about an hour from now. Were going to start with yum, though. That start down sharply in the premarket trading. Reports of Improper Food handling at one of its China Suppliers is causing significant negative damage sales in that country. Interestingly, osi was not a major supplier to yum, but theyre saying that all the Media Coverage in that country is enough to make this filing. They dont know how long it will last. Its been ten days. But if it continues at this pace, it will be material to the year. Yeah, it took 18 months for the company to turn last time on one of these scandals. People do have memories. 18 months, mayb
Argentina s Economy Minister and presidential candidate Sergio Massa announced Monday that he would not wait for the results of the Oct. 22 polls to send to Congress the bill for the creation of the new digital currency he announced during Sunday s electoral debate. We are going to launch the Argentine digital currency, Massa told the C5N network.