Money away for loan loss reserves. Alison Williams Joins me now. What were some of your takeaways. [no audio] actually, we are still working on her audio, so lets go to Annmarie Hordern first. Part of what we heard was from fatih birol of the iea talking about how bad demand would be, despite any production deal. Annmarie some seriously drastic headlines out of the iea. The other part is what they are talking about what this means for storage. It is testing the logistic capacity to the limit. On the demand side, they see april serious demand destruction, down 29 Million Barrels a day. For the year, what that means is 9. 3 Million Barrels a day, the worst we have ever seen on record in terms of demand. What the opec cuts probably did was maybe pull us back a little bit from the brink, but not doing that much. You can see that with what is talking about in storage. They say that could be exhausted by the middle of the year. All of this putting downward pressure on the future prices. Wti
At least two people killed, 15 hurt how the actions of a Security Guard helped prevent an even bigger tragedy on edge and on alert police in virginia, bracing for a massive crowd at a guns right rally today, amid fears it will attract White Supremacists and turn violent this morning, what officials are doing to avoid another charlottesville. All that, plus harry breaks his silence. It brings me Great Sadness that it has come to this the emotional admission about the princes decision to step back from royal life friends, former spouses, brad pitt and jennifer aniston, set the internet into a frenzy, with this warm embrace backstage at the s. A. G. Awards and see you in miami the matchup for super bowl liv is now set, as the San Francisco 49ers beat green bay another first down carry and more how about a touchdown . While the Kansas City Chiefs take down tennessee. Still not down. Oh, what a run out of this world. Theyll reach the big game for the first time in 50 years today, monday, ja
The storm that caused problems moved on into the desert. It is nice across the entire state. As we look at our local radar. We dont have any rain. We have clouds passing through. Temperatures in the 50s, 60s. As we look at the evening forecast. The sway isnt swaying in the wind. High clouds at 7 00 p. M. A crisp evening ahead. And if you are stepping out tonight you have out door plans. Jackets are needed by 9 00 p. M. Low to upper 40s turning chilly by 10 00 p. M. We have 30s 40s in the forecast. Even colder heading towards tomorrow morning and i am tracking a storm that will impact part of your weekend. Thank you. Six people escaped a fire in a warehouse in oakland. Investigators want to know why they were inside the building that had been red tagged. It was deemed unsafe. We have the story. This morning the view from drone view 7 showing the damage from the fast moving over night fire. In oakland friday. This video given to us by a neighbor shows the flames out of the building. I se
Her. Postchristmas rush. The deals arent done. The best bargains th you running to the stores this morning. Surprise. The epic secret santa moment that has this military mom jumping out of her seat. My love my love and good morning, america. Happy friday, guys. The last friday of the year. Ah. We have to make it count. I cant wait to show you guys the rest of that secret santa surprise. So cute. Thats all coming up. We have to start with some nasty stuff, the weather. Its severe at this point, in particular out west. It has put a delay on a lot of peoples postchristmas and trying to get home plans, and also their prenew years travel plans as well. Well begin with marcus moore. Hes at Los Angeles International airport. How we looking out there, marcus . Reporter hey, t. J. It is the start of a busy day here at l. A. X. We have seen waves of travelers coming in, lining up, some of them at 2 00 this morning to catch flights home. This morning, with millions of drivers heading home on the
President trump calling for a war on Mexican Drug Cartels. The big question, should they be labeled terror organizations . All that and so much more on making money. Charles President Trump saying he is going to put steel tariffs back on brazil and argentina, this in retaliation over currency manipulation. Coming as House Democrats inch closer to agreements with canada and mexico over usmca. Hillary vaughn live on capitol hill with more. Hillary . Reporter charles, argentina and brazil have been both filling chinas void of Agricultural Products caused by the u. S. China trade war. They are both the latest target of President Trumps tariffs, announcing he will slap steel and aluminum tariffs on these two countries for manipulating their currency which he says is hurting u. S. Farmers and manufacturers. Well brazil has really discounted, if you take a look what happened with their currency, they have devalued their currency very substantially by 10 . Argentina also. And i gave them a big