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Youre watching are to international bring you your live news update from our studio here in moscow welcome to the program cuts as a man for oil falls amid fears about the coronavirus saudi arabia says it will increase output after a dispute with russia with more hears are to scale up in. Quite a somber atmosphere here on wall street they are already calling it black monday we saw a 15 minute free on futures trading when the stock market opened big dramatic plunge on the stock market the biggest drop weve seen since the 2008 financial crisis and on top of all of that weve got an Oil Price Drop 30 percent decline in the price of oil a plunge in the price of oil the biggest drop weve ever seen in oil cents in 1901 and at this point it being traced back essentially to the negotiations with opec saudi arabia has come forward and called for a decrease in Oil Production juju limited ....
Big today gain and as you say, dont fear the fed, even in the face of this perception that the fed will potentially be more aggressive. All three averages hovering near their highs of the session. Been talking lately about anniversaries of record for the major averages and we are approaching the anniversary of the doubt. It was at a record last may 27 and as you can see, distill trading lower by 1. 7 . But since last friday, we have embarked on a significant rally, to thate getting closer record level. What would it have to do to get to that level by friday . Lets look at the last week of trading. We have seen the 360 point gain for the dow. It would have to go up by the same again to regain that record status. Part of what has power to be stocks generally higher has been the financial group, which has seen this big increase here. We have seen financials move higher along with bond yields. Financials still the second worstperforming group year to date, so there is a rotation factor. Ne ....
The u. N. Issues its darkest warning yet on climate change. Pakistans former president Pervez Musharraf has been charged with treason, accused of unlawfully suspending the constitution and imposing emergency rule in 2007. Pervez musharraf pleaded into account pleaded not guilty and said the case is politically motivated. Serious charges, because these carry the death penalty. Take us through what happened in court. Defying all expectations Pervez Musharraf left the cardiac hospital that hes been in for three months. He presented to the court. He was indicted on six charges relating to trees job. The charges, as you rightly point out stem from his 2007 decision to suspend the constitution. He denied the charms and made a plea to the courts. He pled to be able to leave the country to visit his ailing mother in dubai, and asked to go to dubai to receive medical treatment. Th ....
Over 150 current members of the house and over 200 candidates united in the belief that the peoples house must be wrested from the grip of special interests and handed back to you, the American People. Unhappily, americans today are cynical. They are tired of broken promises. Tired of being misled. Tired of spin from a white house that seems to govern on the principle that you can fool the people. Some of the time and tired of a congress that raises their taxes and wastes their money through the lens of cspan cameras. Americans are just dismayed by the sight of a revered institution corrupted by absolute power. A house of representative that now routinely stifles free and open debate cobbles together thousands of pages of bills behind closed doors and refuses to live by the laws it imposes on everyone else. And most damaging, has adopted as its central philosophy, the belief that ordinary people cannot be trusted to spend their o ....
Ladies and gentlemen, for all the good people of america, today we enter a new era in american government. Today, one Political Party is listening to the concerns of the American People. And we are respon in with specific legislation. We are united here today. Over 150 current members of the house and over 200 candidates united in the belief that the peoples house must be wrested from the grip of special interests and handed back to you, the American People. Unhappily, americans today are cynical. They are tired of broken promises. Tired of being misled. Tired of spin from a white house that seems to govern on the principle that you can fool the people. Some of the time and tired of a congress that raises their taxes and wastes their money through the lens of cspan cameras. Americans are just dismayed by the sight of ....