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the police in sydney, australia, waited hour after hour today and then gunfire rang out so they could wait no longer. they stormed a cafeé where a gunman had taken 17 hostages. the prime minister said the man who apparently acted alone had a long history of violent crime, infatuation with extremism and mental insablty. ben tracy begins our coverage in sydney. reporter: just before 2:00 a.m., five hostages managed to escape and made a frantic dash toward riot police. minutes later there was a series of loud explosions. [three explosions] followed by flashes of heavy gunfire that continued for 30 seconds. more than 16 hours after the hostage crisis began, australian army commandos poured in to end it. when it was over, five people were injured and three were dead, including the hostage-taker, an iranian refugee called man haron monis. monis sought asylum in australia in 1996 and was well-known to authorities. a self-proclaimed chief, he sometimes protested publicly on sydn
CanadaAustraliaSandy-hookPennsylvaniaUnited-statesIranAfghanistanPhiladelphiaMinnesotaCaliforniaQuebecBrussels cracking lineup so far. is the european car market is recovering. there is a glimmer of hope. he is going to be producing an suv very soon and the global markets are developing. we are talking to a higher die. what plans do they have this year? we will talk to renault. this is a european car company that has made a big investment in russia. are they regretting the investment and how will they manage the situation as this tory develops in the ukraine. how carefully are they watching every move that could and is making that vladimir putin is making? that could upset the apple cart and it will be a great show. looking forward to it. let s get more on the top story and the standoff between the ukraine and russia continues. vladimir putin withdrew soldiers soldiers remain in the crimea region. crimea region. a tense standoff in the crimea. base in crimea was taken over by russian troops and they took control of crimea. unarmed ukrainian servicemen have marched towards the ba
New-yorkUnited-statesMadagascarMoscowMoskvaRussiaQatarJapanGermanyIranKievUkraine-general a fascinating company. three decade train wreck? they made a big bet on low-cost cell phones and they have really screwed it up. they made a big bet 30 years ago and it really has not paid off. we also have american apparel and smith & wesson. the 2015 budget this morning. mardi gras today. the president will be a mardi gras? [laughter] i expect to have a band coming through at any minute now. let s do a data check. look at stocks, bonds, currencies, commodities. the headlines overnight. russia backs off a little. we will go to president putin here in a moment. futures are up 20. the euro really does not turn much. churn much. nymex crude celebrates. yen weaker. 13. futures are down brent crude follows nymex. the papers and the website this morning. here is our front page with scarlet fu. ukraine. speaking right now. he says there is no need to send troops to ukraine yet. he says that yanukovych is ukraine s legitimate president. g8 doesn says that if not want
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