This is real money and you are part of the show. Joint the conversation is the five years after a worldwide economic downturn the risk of financial implosion to america and the globe subsided. In our interconnected world there are growing Political Risks that can damage your posterity. Here are three you need to Pay Attention to the escalatining crisis of russia with the ukraine appears to pull it into recession, if it happens, its not clear that it will, it will be felt beyond that country. Investors are pulling as much as 70 billion out of the country as fears of sanctions set in. Russia today is the secondlargest exporter of natural gas in the world, and, number three, when it comes to oil. Russia is not the only threat to the global economy. Mass protests by growing and assertive middle classes in venezuela, turkey and brazil is challenging the order. The unrest led to currency controls and emergency Interest Rate hikes, moves that make markets jittery. Each country has challenges,
Gerri tonight we begin with the gm recall. The story gets bigger and bigger. We received word General Motors is recalling 8. 4 million more cars. Gm has recalled over 28 million cars so far this year. That is more than every other carmaker recalled last year, all of last year. And settlement announced today is shaping up to be the biggest in u. S. History. Some of the recalled cars today were involved in fatal crashes. Well have more on that with consumer advocate ralph nader. First we have details of the gm ignition switch Compensation Fund. The following individual can file under this program. The driver. Any passengers in the automobile. Any pedestrian. Any occupant of a second vehicle involved in the accident. All eligible to file a claim. Gerri that was ken feinberg. He is the funds administrator. If his name sound familiar it is because he handled the Compensation Fund for september 11th victims at the world trade center. Also victims of the bp oil spill and survivors of the bost
Almost 16,000 cases of coronavirus werent entered into the test and trace system last week the government blames a technical error. Whos 007s latest victim . Could it be cineworld . Theyre weighing up the closure of all of their uk screens after the bond release was delayed again. 5,500 jobs are at risk. The premier league is all at sixes and sevens. Champions liverpool concede seven goals at aston villa, and Manchester United lose 6 1 at home to tottenham. Good morning from beautiful hever castle intent. Showers will be happy and thundering in the west, and plenty blustering. More details on about ten minutes. Thundery. Its monday 5 october. Our top story President Trump has briefly left the hospital where hes being treated for coronavirus to greet well wishers who were gathered outside. The impromptu appearance, which mr trump described on twitter as a surprise for patriots, came after it emerged that his condition is worse than was first suggested by white house officials. 0ur north
Consequences. Shootout in a remote mountain cabin in the u. S. , the latest twist in the hunt for a former Police Officer accused of murder. Pope benedict xvi has given his first weekly general audience since he shocked the world by becoming the first pontiff in six centuries to step down. He received a long standing ovation as he made its way into the audience hall at the vatican . Later he will preside over an Ash Wednesday mass. Will go to our correspondent at the vatican. He said that he is stepping down for the good of the church. Absolutely. The pope went straight into it. His first words were that he has taken the decision in full freedom and for the good of the church. He went on explaining that he understood the gravity of the moment. Then he came to the realization that he did not have the spiritual or the materials strength to carry out his ministry. It was a standing ovation for the pope. It was a very festive atmosphere in the auditorium. 8000 people were there singing bef
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