and u.k. firing 100 precision guided missiles into yemen. the strikes coming from ships, planes and even u.s. submarine. carley: this is significant escalation in the region and 60 targeted at 60 houthis locations. the defense secretary warns there will be more of this if the iranian-backed fighters do not and attacks on international shipping lanes and the red sea. todd: you are watching fox & friends first friday morning my am todd piro. carley: i am carley shimkus and the u.s. and the u.k. should be prepared to pay a heavy price. todd: for overseas reaction here at home and taking to the streets in new york city and washington to condemn the strikes, alexandria hoff in washington with more, alexandria. todd and carley 100 position guided houthis in both land and sea with animal production facilities. the iranian-backed rebels launching systems and houthis air defense radar systems according to the u.s. air force command. president biden state of the strikes car
we begin in france today, where a third national lockdown looms large, but the french government is insisting it s doing everything possible to avert more restrictions that could be devastating for the economy. a year ago to the day, president macron appeared on television confirming the closure of schools and the stay at home order that led to the country s first lockdown. officials say the paris region may be forced to lock down soon, as patients with new covid 19 variants fill up hospitals intensive care wards, with special medical planes taking patients from the paris area to less saturated regions over the weekend. france currently has a 6pm nationwide curfew in place with weekend lockdowns in two regions, but it is still seeing a rise in case numbers. joining me now is tomasz michalski, economics professor, hec paris. good to see you again. first, do you think a third nationwide lockdown is inevitable as macro unfortunately, the lockdown of some sorts might appear at t
of detoxing withjuice. the founder of nosh detox will be in the studio with us. and ten years on from the beginning of the credit crunch, we want to hear your memories of the crisis and how it affected you. let us know. use the hashtag bbcbizlive. hello and welcome to business live. get in touch with your memories. i know for us, it was the start of ten long years of covering the stories and the repercussions of it. this week the main stock markets in the us have had another record run and london s ftse 100 flirted with breaking into record territory. it s a far cry from ten years ago when the global credit crunch began. ten years ago today 9th, august 2007 banks suddenly found that they had billions of dollars in toxic debts that customers couldn t afford to repay. so overnight, they stopped offering loans. the financial crisis that followed cost the british economy over £7 trillion in lost output that s close to $10 trillion. for the us economy, the cost hit a stagge
Actions to protect u.s. forces. that comes from wall street last night. until tonight the navy captain ships did not have authority to shoot at the missiles being launched at them, to shoot at the actual houthis shooting at them from shore, even when they detected them. so look, better late than never. president biden has received some blowback from select members of his party. progressive congresswoman to leave said article 1 of the constitution by carrying out air strikes in yemen without approvr that was backed up by democratic congresswoman ro khanna who also said the president needs to come to congress before launching a strike against the houthis in yemen and involving the u.s. ani will stand up for that regardless of whether a democrat or republican is in the white house. republicans largely in lockstep with the armed services committee senator roger wicker said the strike is two months
After the election. there was a lot of uncertainty heading into last night and markets don t like uncertainty. there wasn t a lot of buying or selling heading into that. we saw the sharply unchanged market for a couple of days and here we are markets seem to be responding to, as i got many texts from those on wall street last night, it seems that wall streeters who wanted republicans to retain control didn t see a worst case scenario, that s why we would see this up. bill: divided government. maybe infrastructure spending and cooked in here. sandra: there is a case for that. one might be surprised if you saw the headline. divided government and potential gridlock. then the dow surges triple digits. that s the story this morning. bill: i like it when you call me hemmer. sandra: hemmer. bill: 9:33. here we go. election results now. several crucial races too close to call from georgia, republican candidate brian