What do we know about this? it s significant. At least from a perspective of the optics as well as the legalities, given that we knew that there was this manhattan district attorney investigation that had been happening. That involves the former president and his business empire and the finance. Really, the most we are going to learn was probably from this manhattan d. A. Investigation. You had the civil investigation that was going on by the new york attorney general. Now what is so significant is that the attorney general s office in new york is saying, we have moved from civil to criminal territory at this point. We don t know why that is necessarily. We can t tell you right now the specifics of what her office may have found that is triggering this. One of the reporting threads we are working on. Obviously, this is something that s listen, in layman s terms here and from talking with legal experts, it doesn t seem to be good news for the former president. We don t have a response f
Nbc correspondent kelly cobiella is reporting for us and from outside the white house, nbc news white house correspondent, monica alba. Kelly, let me begin with you. We always have to insert the word fragile when we talk about a ceasefire like this. How did this come about and how fragile is it? reporter: well, we began to hear about this, willie, at about 10:00 local time last night. There was talk that a ceasefire was going to be in place, as of 2:00 a. M. At the time, there was still air raid sirens in the border towns in israel. Rocket fire from hamas into israel and at least one air strike from the israelis into gaza. But at 2:00 a. M. Local time, silence here. The hostilities did, in fact, stop. The ceasefire began. There was celebration in the streets in gaza, a place that has been absolutely pummeled, bombarded by israeli air strikes over the past 11 days. The idf, of course, saying that they were targeting hamas infrastructure, tunnels, headquarters, homes of hamas leaders. Bu
we started with financial markets, some say it s the perfect storm, oil prices surging after opec and its allies did not increase crude production as many had hoped to. with europe and asia dealing with tight energy supplies, what impact will this have on inflation and economic recovery? fears of central bank action and possible interest rate rises coming sooner triggered a sell off. on wall street we saw a slide intact stocks, facebook down and we will hear more about facebook in a moment, but the likes of apple, amazon, microsoft, many other tech darlings dragging down since latejuly. let s have a look at things are progressing in asia now. the hang seng has recovered, it was down over 1% earlier in the day. just to say that the chinese markets are still closed, for a public holiday but look at the price of oil, still above $80 each barrel. after the opec decision it was above $82 per barrel, let s have a look at wall street, you can see for the s&p 500 the broadest market
are you expecting inflation to slow in february? yes, we should get quite a significant slowdown, probably welcome in the mid 30s, between 3.2 and 3.5 present, it will be good news down from four core inflation which is what the bank of england is about amidships at energy, it will probably come in around four there will still be a big difference between this but there will be significant progress. there will be significant progress- there will be significant rouress. ~ ., , progress. do you think anything could bring progress. do you think anything could bring forward progress. do you think anything could bring forward the - progress. do you think anything could bring forward the bank. progress. do you think anything could bring forward the bank of| could bring forward the bank of england s decision to cut interest rates because you think it s unlikely, partly because it looks as if, actually, the economy is starting to grow at the start of the year, so some of the we