The latest from europe continues top thousands of people turn out to say farewell to founding father of singapore, Prime Minister lee kuan yew. We begin in yemen where the saudi saudis have been striking Houthi Rebels. Saudi arabia says its already destroyed all houthi air communication centers. The houthis though are still on the move towards the Southern City of aden. Air strikes hit targets including bombed ammunition depots airports and long range rocket the saudis and their allies say the air strikes will continue until the houthis and the deposed president disband their militias. Yemens legitimate leader. The move came after all other means to achieve a peaceful solution that includes ending the houthi military coupe. The action will continue until the houthi hand over their weapons. Reporter hadi has this comes after saudi media reported that saleh was in rijjad a day after the attacks against yemen, reports that the president of yemen is willing to turn against the houthi if In
Some held a religious service in and area near the crash site. Egyptian Officials Say yemen is in the planning stages. Egypt and saudi arabia want to send in troops. It is expected to get the ok of the arab league tomorrow. Fighting is turning into a proxy war between iran and saudi arabia. Yemens president is taking refuge in saudi arabia. The senate pulls on all minor and pushes at budget plan through. Passing the plan around 3 30 a. M. The republican deficit cutting plan was passed on a partyline vote. The plan would cut benefit programs and repeal obamacare. What is sure to be a long battle between congress and president obama. Questions about an explosion that destroyed a manhattan Apartment Building an injured 19 people. The blast brought down the building and nearly wrecked another. Faulty work may be to blame. Utility inspectors decided the plumbing and gas was deficient. New yorks mayor says no one is missing but one mans family says they havent seen him since he was dining ne
A sea of red. Dow open 133 points off. S p 500 off. And nasdaq off 37 points now. Lets look at the ten year treasury. The yields hitting the highest level since early december. Looking at 2. 338 there. And also you should Pay Attention to the german bund driving a lot of the action in the global bond market lately and especially overnight. 2. 3 . Didnt we close yesterday at 2. 2 . Pretty big move. It was a big decline of more than one point yesterday in the ten year. And the bund last time it bounced. We couldnt figure it out. Remember that morning we were here early. This chart is incredible. That was the one that went there and the markets were covered. Its going to test the recent highs in yield. It was because the economy was going. Its what we talked about that day. We live by the sword, die by the sword. When rates finally start being normalized in europe we were staying low. Lets show everybody whats going on in the European Equity markets. Theres a big sell off going on this mo
Sarkozy, corruption charges. And winter games in russia. So Security Forces in egypt have come under attack in several locations. The sinai on the suez canal even in cairo itself. In the sinai incident a suicide attacker drove a car into a gate at the National Security headquarters. Four people were killed. More than 50 people were killed over the weekend, all points to a country still divided and under enormous political pressure. An update from our correspondent in cairo who we are not nawrming for security reasons. The bomb left a crater 3 meters deep. The Police General at the station says he thinks it contained 500 kilograms of explosives. He describes how it knocked out the windows in the nearby buildings. Forensic investigation later discovered it had been a suicide attack. Security in altour wasnt tight. It was in southern sinai, just an hour of Sharm El Sheik even though, tourism has droppe dropd significantly since earlier in the year. Lift travel bans on his country. He pers
The decision to kick former Prime Minister Silvio Berlusconi out of parliament. Also coming up, fifa goes to extra time delaying its decision over a possible winter world cup in qatar. One person has been killed in egypt as supporters of the easted president Mohammed Morsi fought with Security Forces. Police fired live rounds and tear gas to try to disban the protesters. Reporter hundreds of anticoup protesters march toward the square. Their intention is to reach the place that symbolized the election. But the military was waiting for them. The protests had begun after friday prayers. At this central cairo mosque, hundreds poured out to declare their feelings. Translator we are objecting to the bloody battles that lead the country to hell. Reporter a day when tradition dictates that the military is celebrated across the country, but not for these people. The banners in the hands of these protesters read raba, a reminder of when more than a thousand people died in august when the milita