Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdated data. That is right it is based on outdated data. That is right. It seems is based on outdated data. That is right. It s
Since he took office tax cuts. Thats in beyond 100 days. Well be crossing live to the scene of the deadly Train Derailment in the us state of washington. And behind the scenes at the first vending machine for the homeless providing essentials to those who need them 2a hours a day. Thats all ahead on bbc news. Now on bbc news its time for sportsday. Hello and welcome to sportsday imjohn watson. On the way tonight. Suspicion hangs over sprint World Championjustin gatlin as the head of world anti doping calls for evidence to be produced. Can anyone stop Pep Guardiolas Manchester City this season . The latest to try, will be Leicester City in tonights League Cup Quarter final. And we meet the man who made his name in darts 35 years ago. And hes threatening to again at the age of 63. Justin gatlin, who powered to world 100 metres gold in the summer, facing allegations of doping. An athletics agent alleged the sprinters using performance enhancing drugs, while his coach Dennis Mitchell told
7. 2trillion. Thats how much the value of all stocks has gone up since the election of donald j. Trump. Thats why we call it the trump rally. We are already seeing more gains from the Big Tech Companies closing at record highs last friday. The big five are going to open mostly higher again this monday morning. Pay very close attention to amazon. The super cold weather for the last two weeks has surely helped them. Who wants to go outside in subzero temperatures . It was minus 13 at my farm yesterday. That has helped founder jeff bezos to increase his fortune. Hes now worth 103 billion. A half hour from now, no sell off. The dow closed friday just shy of 25,300. Well stay right around this level when the opening bell rings. Monday, january the 8th, Varney Company is about to begin. More fire at trump tower in new york city. Ashley well, fire and furry, and it had nothing to do with a book. Apparently its a electrical fire on the cooling tower. As you can see from this video. It was firs
In the morning here in singapore and midnight in london, seven in the evening in washington where President Trump has spoken about the appointment of a Special Counsel to Ta Ke Appointment of a Special Counsel to take over the Russian Investigation into potential ties to his campaign. He said the entire affair was a witch hunt which hurt the country, as he put it, and he denied ever asking the fbi director to end the investigation into his National Security adviser Michael Flynn. We have the details from washington. The president s just not happy with the scrutiny he continues to come under over his links with russia. The entire thing has been a witch hunt. And there is no collusion between, certainly myself and my campaign. But i can only speak for myself and the russians, zero. I think it divides the country. I think we have a very divided country because of that and many other things. Did you urge the former fbi director to close or back down the investigation into Michael Flynn . N
In the morning here in singapore and midnight in london, seven in the evening in washington where President Trump has spoken about the appointment of a Special Counsel to Ta Ke Appointment of a Special Counsel to take over the Russian Investigation into potential ties to his campaign. He said the entire affair was a witch hunt which hurt the country, as he put it, and he denied ever asking the fbi director to end the investigation into his National Security adviser Michael Flynn. We have the details from washington. The president s just not happy with the scrutiny he continues to come under over his links with russia. The entire thing has been a witch hunt. And there is no collusion between, certainly myself and my campaign. But i can only speak for myself and the russians, zero. I think it divides the country. I think we have a very divided country because of that and many other things. Did you urge the former fbi director to close or back down the investigation into Michael Flynn . N