With mid day and half on a midnight in shanghai and 7 an evening. Here in moscow. Welcome to the global news roundup. On our group of 7 finance chiefs have agreed to impose a price can up on russian oil. According to a Statement Released after a meeting of the organizations ministers now the new restrictions bomb any Services Enabling Maritime Transportation of russian crude Petroleum Products. However, exceptions could be made only in the case of all purchased at a price below the cap. G 7 leaders claim the move is aimed at reducing rushes revenues and it comes to spike mosque warning that it wont supply anyone applying the new restrictions just to run a credit order. Those countries that will join the potential price caps will not be among the recipients. Of russian oil, we simply will not interact with them in terms of oil on such non market conditions. Would you, our oil will go to other markets to those countries that are ready to act according to market conditions. A response fro
Clashing with riot police in the streets. How delay in education is effecting students in one african nation. Another round of bonechilling cold and snow is set to arrive today in the midwest and northeast, temperatures are expected to go well below zero in minnesota and wi and michigan and up state new york are expected to see the worst of it with sub zero temperatures and feel the freeze as far south as florida. In washington dc where 8s could fall all federal offices are closed and welcome to Al Jazeera America, im stephanie sy, the cold air wont be as dangerous as the blast we had a few weeks ago but many may feel some of the very same effects. Two weeks after dangerously cold hit the nation a new wave of air is making a come back and temperatures will plummet to below zero in 11 states starting today through friday. With that cold scenes like this will surely play out again and includes Airlines Delays and cancellations like the ones that left thousands stranded for days the first
The First Quarter. Profits down at yahoo but the numbers beat the street thanks to a great performance by alibaba. And russia warns ukraine it stands on the brink of civil war after kiev launches military operations to try to win background from the separatists. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. There is a huge amount to get through in todays show, an awful lot to talk about. Coming up, could the mobile phone as you know it soon be ancient history . Googles planning a modular smartphone that consumers can customize with various hardware features. Well take a look at that. Bank of america set to report numbers from the bell today. Find out why this is a top stock pick. And a fatal ferry industry. Well be in seoul later in the show. First, asian stocks are up. First quarter gdp came in at 7 another 4 , thats down 7. 7 from last quarter of last year. Lets get a breakdown of
We will start this morning on the domestic front. You have seen the headlines about the heightened volume of flu this year and the decision of some Health Care Workers not to get vaccinated, a choice that has cost some of them their jobs. What are your thoughts on mandated vaccinations for Health Care Workers . All others can call in, 202585 3882. Yuka post your thoughts on facebook, twitter, or email us. Dr. Anthony fauci is the director of the National Institutes of allergy and infectious diseases, joining us on the phone. The Houston Chronicle headline this morning what is going on . Guest you never know why, with influenza. Its unpredictable accept that we have a flu season every year. What we are seeing this year and what is spurring the headlines is the way this started off earlier than usual with a strain of flu that is a bad sprain in the sense that its making people more ill than some other strains, we are on the way to what looks like as bad a year as we have had since 2003 a
Cspan. Ok. Com first, jeremy herb with the hill was quoted joining us on the phone. What did they get out of this . What did the two sides agree to . Some 63 billion dollars in sequester savings over the next two years. Have for defense and half for discretionary. The numbers right in between where the house and the senate each wanted. They picked a number right between the two. When it comes to sequester, the automatic spending cuts that were agreed to under the budget control act of 2011, how do they deal with it . 63 billion is restored. What does that mean . There are still some sequestration that happens. How much and when . Back somey will give of the sequester cuts, but still not all the way there. The pentagon, for instance, they will reduce sequester by 22 billion next year. That would have meant that the budget level that they are at this year would have been cut by an additional 22 billion. Is still 30 billion lower than the budget proposed by the pentagon and by the house a