So nbc news now has obtained a onepager, in effect, laying out the stage 3 proposal key terms. Thats the mnuchin proposal for about 1 trillion in stimulus and economic backstopping. Heres whats in it, as were going through it in realtime the Airline Industry gets a secured Lending Facility of 50 billi billion. Theyre saying it would be secured by lateral thats specified by the Treasury Department here. Other severely distressed sectors of the u. S. Economy, thats 150 billion. This document not specifying what other sectors might be included here, but theyre saying that it would authorize use of those funds for secured lending on loan guarantees to assist other critical sectors of the u. S. Economy, experiencing distress here. Also, theyre going to temporarily permit use of the Exchange Stabilization fund to guarantee Money Market Mutual Funds. What treasury is saying here is they will temporarily suspend the statutory limitation on the use of Exchange Stabilization fund for guaranteed
Killing a Novato High School student appeared in court today. Alex savidge joins us live this afternoon with more on that part of the story. Reporter good afternoon. Four young men are charged in connection with killing. However, one of them remains on the run this afternoon. The three who are in custody, they face the judge for the first time a short time ago here in a marin county courtroom. All of these defendants are charged in a vicious attack on two Novato High School student shots and cut with a machete. One of those victims died. The other survived. 17yearold juan carlos and 16 yearold Edwin Guevara are facing firstdegree murder and a testimony the murder while 20 yearold elmer rivera is charged with an accessory after the crime. Now, because of the nature of this killing, the District Attorney has charged the under age defendants as adults. The law allows us to charge in cases of a brutal murder minors over the age of 16 with certain crimes, murder in the first degree, which s
Storytelling the reporter oh that really happened. and after the wall street journal reported discrepancies in carsons account of an incident at yale where he said he was honest student involving a bogus student, who staged the hoax, telling abc news carson was not lyingsaying i think he got it close to right sotcarson i do not remember this level of scrutiny for one president barack obama when he was running. In fact, i but as other all fair game carson finding some support from sentor marco rubio. Sotrubio i know everything i need to know about ben carson. He came from a poor family, with no advantages in life, he worked hard he became one of the worlds most renowned know. After tonights debate, marco iowa for a campaign stop. Tomorrow, rubio will be in davenport at the jersey grille his meet and greet is scheduled to begin at 11 30 am. Jessica rae a sioux city man has been arrested after police say he was caught fondling a 13 yearold girl in the waiting room of a local hospital. Jes
And still months before ttys its fully under control. Will see if it can mount a major operation to push i. S. I. L. Out of dug in positions, and u. S. F16s to attack around ramadi. When i. S. I. L. Is out, if the Iraqi Government can restore government to the mostly sunni city. Sunni force of anbar police has also been trained and is ready to provide security once the city has been secured. Freeing ramadi from i. S. I. L. Control will allow iraq to end the year on a significant victory and allow it once again to set its sights on recapturing mosul, i. S. I. L. s de facto capital in northern iraq. Al jazeeras Jamie Mcintire at the pentagon. Mark kimmit joins us. I think jamie was spot on with his analysis. It is going to be a significant victory not just for the iraqi army but for the police forces, and in many ways the tribal forces that are participating in the operation. More importantly it will be a success for Prime Minister abadis campaign which has come under criticism for quite
A few hours ago. Those are just some offer top stories on this monday, november 10th. Announcer from abc news, this is world news now. We begin with president obama and his efforts to strengthen economic ties with asia. Abcs mary bruce is traveling with the president and joins us from bejng. Mary . Reporter good morning, tai and t. J. I should say good afternoon from here in beijing. President obama touched down here last night kicking off a dizzying week of summit meetings in asia. The president coming off those bruising midterm losses is trying to shift his focus to Foreign Policy. Its just been three years since the Obama Administration announced it would pivot its focus to asia. Then it got distracted by a host of international and domesting crises. This week in many ways, presents the best final chance for the president to cement his Foreign Policy legacy. In beijing, president obama will meet with president xi of china and the two largest economies colliding when they sit down he