Ukrainian armed forces. Markets, focus of this show, seem to be regaining their composure you see there the market dropped to 90 points at its worst levels. The oil is back to 103 doll per barrel on the front month contract 103. The vix is spiking most since february, still near historic lows we should note. President obama is expected to speak shortly. Well bring you as soon as it happens. Right now we want to go to colonel oliver north with me on the phone. Colonel, thank you for joining us. Give me your take on this situation. Melissa, one of the things that did happen earlier this morning there was a russian separatist commander before we knee that the Malaysian Airliner was missing bragged the fact they shot down a ukrainian su27 which is a transport aircraft, very common in the inventory of most of former soviet bloc countries. We also know that the buk surfacetoair Missile System is a sophisticated midrange Missile System t was in both the hands of ukrainians and of course russi
Were about to find out who has won the big prize of the golden lyon. Welcome to the program. Bod sides are accusing each other of violating the ceasefire. Truce on friday after five months of fighting. After the ceasefire was announced, within the last 24 hours rebels sheffiel, shelling was announced. Bring us uptodate on the ceasefire so far. Whats the situation on the ground . 234 reporter to a certain extent, no news is good news. There are no gunshots that weve heard and certainly no artillery fire. We would eternally here if there were artic hear. No evidence of that. That said that doesnt mean that both side are not accusing the other of violations of the ceasefire. We heard in your introduction from National Security double, and just a couple of ours ago i scrolled across Lennon Square and spoke with a senior figure within the pro Russian Separatist Movement here in donetsk. He said he has evidence of the forces of ukraine here in the east are really rather reluctant to abide by
The finance minister says the countries and recession, which will deepen next year. Ah, clubs of robin. This is out there lock. And dave also coming up more russian strikes, hit cities across ukraine, the latest in a series of attacks on energy infrastructure. Republicans with a narrow majority in the us house of representatives. But in finding complicates matters for the top contender for the job of speaker. And the impact of Climate Change in madagascar, millions of people affected as the country faces Consecutive Year of trials. Ah, welcome to the program, the u. K. Silence minister, jeremy hunters declared. His nation is in recession. The chancellor of the extract also say he expects the economy to shrink even further in the next fiscal year. Hunters laid out his plans to tackle, sorry, inflation. Hes included raising taxes, the higher earners. More people with an income of 148000. 00 a ball will have to pay at least 45 percent tax rate and expect public spending to slow down to he
Last four sessions. At this pointed, the dow is now back in positive territory for the year. Still, if you look at where we stood just a week ago with some of the concerns about what was happening, it looked like things were going to expire, but were headed back there now. Well see what happens as we get through to some of the news coming out today. We do have on our agenda this morning Economic Data and earnings from the Worlds Largest retailer. At 8 30 eastern time, we have two reports. Jobless claims and july import prices. Walmart is set to post Quarterly Results. Thats expected around 7 00 eastern time this morning with all that weve heard from the retailers including macys with numbers not as strong as people had expected. Thats going to have people watching very closely to see what walmart has to say about the consumer. Well be hearing from kohls before the opening bell and then this afternoon we have jcpenney. Weird about europe, is it not . When they finally resession . Well,
Well see you next funds dsh fox news. Im harris faulkner. It was supposed to be a fun day of Family Entertainment under the big top. Instead, we now know hundreds of spectators, many of them children witnessed an amazing and frightening scene in rhode island. In just a moment well share some images and they may be tough to look at. This is just a warning. We know 11 people have been hospitalized. Many of them the acrobats. One of them listed in Critical Condition. Now heres that video. It happened quickly, tragedy caught on camera. The acrobats performing as high as 40 feet above the ground,
plummeting, when an aerial platform gave way. One dancer on the ground seriously injured. Brian has more from our new york city newsroom. Nothing of this scale involving this number of performers has ever happened. 11 people were sent to area hospitals, nine with serious injuries. Oneperson is in Critical Condition. It all happened at 11 45 a. M. In providence, rhode island. The curtain drops, the