For business after his coalition sweeps the country with a solid majority. Shares fall after italys Third Largest bank is forced to double its capital hike. It hopes to have a Restructuring Plan in place within a month. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Good morning, everyone. Welcome to a brandnew edition of Worldwide Exchange. Ross is out today. Lets get back to one of our top stories. President obama will tape interviews with several u. S. Tv Networks Today as he continues the push to take action against syria. The president will address the nation in primetime tuesday night. He dropped in on a dinner hosted by Vice President biden for Senate Republicans on sunday and will meet democrats on tuesday as Congress Returns from their summer break. White house advisors will hold classified briefings for lawmakers this week and took to the sunday talk shows to stress that any u. S. Military strikes would be limited. This is a targ
Martha you are the seth mcfa martha happening now starts right now. Jon brandnew stories and breaking news. Jenna four days ago in washingtons fight to avoid steep budget cuts u. May feel it in a big way on your next trip to the airport. More on the olympic icon charged with premeditated murder. We have the latest on the blade runner charged with killing his girlfriend. A second serving of severe Winter Weather. Its all happening now. Countdown to the sequester showdown. Hi, everybody, im jenna lee. And i just floated this idea to our audience. You know the jaws music from the Academy Awards . Every time we say sequester this week im wondering if it should come up. Jon a little audio cue. Jenna both because its a little ridiculous and also because everyone is making it so dramatic. Jon im im jon scott. Four days until the cuts kick in. Democrats holding a News Conference now with the air travel association on how sequestration will affect air travelers, but they are not the only ones.
Commitments on further powers for the Scottish Parliament. We will ensure thosecommitments are honored in full. And i can announce today that lord smith of kelvin who so successfully led the Commonwealth Games has agreed to oversee the process to take forward these devolution commitments with powers over tax, spending and welfare, all agreed by november, and draft legislation published by january. Just as the people of scotland will have more power over their affairs, so it follows the people of england, wales and Northern Ireland must have a bigger say over theirs. The rights of these voters need to be respected, preserved and enhanced. It is absolutely right that a new and fair settlement for scotland should be accompanied by a new and fair settlement that applies tul parts of our United Kingdom. In wales there are proposals to give the welch government more assembly and powers and i want wales to be at the heart of the debate on how to make our United Kingdom work for all our nation
To degrade and destroy the terrorist group known as isil. Part of the air campaign, france will join in strikes against isil targets in iraq and as one of our oldest and closest allies, france is a Strong Partner in our efforts against terrorism and were pleased that french and American Service members will once again Work Together on behalf of our shared security and our shared values. More broadly, more than 40 countries including arab nations have now offered assistance as part of the coalition. This includes support for iraqi forces, strengthening the Iraqi Government, providing humanitarian aid to iraqi civilians and doing their part in the fight against isil. Here at home im please that had congress, a majority of democrats and a majority of republicans in both the house and the senate have now voted to support a key element of our strategy. Our plan to train and equip the opposition in syria so they can help push back these terrorists. As i said last week, i believe that were st
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