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those are the faces of the immigration surge. there are more children coming across the border than we have facilities for. there is a crisis on the texas border right now. this crisis as a result of president biden s open border policy. announcer: this is new day weekend. a shot of capitol hill there and the flags flying as we begin with we have to tell you we have a crisis at the u.s./mexico border. this is an unprecedented high. homeland security secretarial happen droe secretary alejandro mallorcas is directing fema. up on capitol hill for us this morning, what do we expect to see? reporter: victor, it s going to be an incredibly busy week in congress. as you said, house minority leader kevin mccarthy leading a group of 12 republicans to el paso tomorrow where they will tour a migrant processing facility. this has been a major issue with republicans. they have been hitting the biden administration on this influx of migrants crossing the border ....
They went ahead. and the private sector is something the president can t control. the saudi stock market fell on sunday because companies and investors are worried about what may be coming. the saudis have said if they get hit with some kind of response, they re going to essentially hit back harder, whoever implores sanctions will pay the price essentially. what do you anticipate the response from the saudis to look like? these threats haven t deterred president trump before. in fact, they ve led to an escalation and a war of words. the saudis do have leverage. they can kick out our diplomats, they could sanction us, divest from our economy. their hand is literally on the pump. i went to saudi arabia in 2011 to try to get them to increase oil output, they said no then, but they did increase oil input over the summer. they can say we decided the market was oversupplied, we re going to cut production again. ....
Doubt over first quarter reports. this week the pressure is on apple, intel, goldman sachs, and citigroup. also ahead, before markets close for good friday, more data on the struggling housing market with fresh figures on new construction and home prices. overseas, asian markets shrugged off another move by china s central bank to stave off inflation to upping the reserve for most of the country s banks by 0.5%. crude oil futures dipped today, despite news out of saudi arabia that it had cut back on output in march by some 800,000 barrels a day because it believes the market is oversupplied. the move quashed hopes that opec would step in and alleviate prices. toyota has resumed production at all of its plants in japan for the first time since the natural disaster. due to parts shortages, it s unclear when they ll we back up to full speed. samsung may be looking to sell its hard disk drive unit for upwards of $1 million. ....
It. reporter: no word yet when they think it might be restored here, but we re about three miles right outside one of those small towns here and we just drove in there and there is power there and mainly around here where you see a lot of the downed power lines and the power crews are working on that and at this point everybody they have he been looking for in the town and this county has been accounted for. tara lynn out of wrsl thank you very much. the world s top oil, porter says it s about to cut production. when gasoline is getting more examines seive by the day in the united states. saudi arabia s oil minister saying the world oil market is oversupplied, but oil is now at the highest price in two and a half years and consumers are urging opec to increase the supply. what is going on? sandra smith of the fox business network. so, gas prices for us are high. yes. harris: is it they don t care or is that the situation doesn t have anything to do ....
Cancelations. and, alex, the super bowl is something that s always been controversial in terms of how much economic impact it usually has. we see estimates go from $100 million all the way up, as you ve said, to $600 million. but the simple fact of the matter, there s a lot that doesn t get reported at all. so i suspect that the numbers usually err, they re too low. for instance, there s apartments right around here, i ve heard that have rented this week for $40,000 for the week. whoa! those kinds of things yeah, they don t get factored into the project. so you just don t know what that number is ever going to be. but this year, i know they canceled events out of texas motor speedway. a lot of restaurants have closed down, and they ve overordered now oversupplied for the expected influx of people that didn ttarily i didn ttarilyize. i suspect didn t materialize. i suspect it will be in the $200 million to $300 million range, but it s going to be disappoi ....