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Oil inventories on the way and the fed minutes, 2 00 p. M. Eastern time. Our road map begins with raids overnight in france. More from the ground in paris this hour. And a number of deals this hour. Norfolk southern and Canadian Pacific probably not going to happen. But air gas finds a buyer and a deal among some semiconductor companies. Retail, lowes, target, staples are all out with results. First up, this raid by heavily armed police in france targeted the suspected architect of the paris terror attracts. The operation ending with seven arrested and two dead. Forever more we go to saintdenis and our chief internation international correspondent, michelle carusocabrera. Good morning. Reporter good morning. Were on the street where the raid took place overnight. If you look over my shoulder, about seven buildings down on the left is the Apartment Building where the rai ....
Breaking pmi data slightly ahead of expectations. Pmi rising. 51 point five. Just half a basis points higher than expected. If you look at the competence of each country, it is the same as manufacturing that was week and some parts. We have to put up. For in percentage terms. We are trading at highs on the back of a composite number we have had out. I think what will be fascinating is to see how the european economy reacts to significantly lower oil prices. Russia. Lets talk about russia and what is happening there. The backbone for the ruble. The russians situated and cruising entries rate to 70 overnight to defend the currency. That went well. The Russian Central Bank 17 overnight to defend our currency. They lost percent of their value yesterday and you have to go back to 1998 to see a similar day loss. And a rate hike and today, the ruble has given up all of the gains on the back of that and is down against the dollar. I ....
Win a war against russia. But it can impose on Vladimir Putins aggression and slow russias advances. It has a chance to remain on its feet when all is said and done, if it cannot impose a greater cost on puritans in aggression and slow russias advances. The administration along with the vast majority of our european allies has resisted providing such assistance. To be sure there are risks involved, but there are also risks and allowing cute and to continue aggression in putin to continue aggression and ukraine. If russias aggression on the west reaches the frontiers of our nato allies, the dangers to europe increased tremendously the dangers to the Nato Alliance increased tremendously. In december, congress unanimously passed the ukraine freedoms were act. This legislation authorized the provision of lethal defensive aid. I was out to lead efforts to pass this legislation and ....
Defensive weapons. At the committees hearing last week, secretary kerry said that president obama still has not made a decision on whether to send defensive lethal military aid to ukraine. Six months after the president told congress that one cannot win the war with blankets, it was not surprising but still discouraging to see him have to shop for defense of weapons and, unfortunately, it has been difficult. I was just as discouraged to read in the wall street journal that u. S. Intelligence sharing with ukraine keeps ukraine in the dark. Satellite images are delayed and obscured, making them less useful. Frustrated, ukraine is approaching other countries like canada to share such information. This is not u. S. Leadership. Moscow is also undermining ukraines economy. Today, russia is using his natural gas and other Energy Sources for political corrosion and to generate economic chaos in the country. Ukraine is facing an economic p ....
Mentioned, all of a sudden thats when it became so rotten that we no longer are the people or the people could no longer put up with it. The Pivotal Moment wags when it accepted the deal that was moment was when it accepted the deal that was offered by russia which our european allies were not willing to do. That ignited this situation. Thats what turned the policy type of situation and perhaps the and perhaps the overturn of rotten government through a electoral process into instead the overturn of the rotten regime by violent demonstrations and nondemocratic means of overthrowing that regime. They could two years later could have kicked that guy out with a free election. They didnt wait. Let me ask you about ok. Lets hope what were doing now is aimed at trying to end the conflict that started in that more complicated way than black and white. What people are advocating that we send weapons and to ukraine, the defensive weapons w ....