moody's has cut its outlook for china.ent about the thinking behind that. we see significant buffers, fiscal and foreign exchange buffers, eroding for china and the country's ability to absorb shock has diminished. something, what about the behavior of the markets and the volatility we have witnessed when it comes to china's equities. how much of that has played a role here, and is a concern that you that itcern could spread to the wider economy? marie: how we look at market , earlier this year, equity and exchange rates, is that we see potentially a sign of weaker confidence and weaker credibility of policy. set athorities have wide-ranging reform program, two steps forward and once that back in reform steps, so that is creating some uncertainty, and that is reflected in asset prices. rishaad: you keep mentioning the reform process. nobody said it wasn't going to be painful. pain that miss the china would naturally have to go through for the transformation of the economy to one that is more service oriented? is by nature

moody's cut its outlook for china from negative to stable.esays it debt increasing to 42% gdp by next year. says beijing policies to support growth may slow the reform. the u.s. attorney general, loretta lynch, has challenged apple's refuser to unlock a dead terrorists iphone. in an interview, lynch says the company has been doing similar things for years. >> in the present, we have seen how we have balance between privacy and security every day. until recently, apple was able to reply with our requests, and they have some of the strongest security out there, and we haven't seen that in those cases. u.k. will generate less economic growth and have a drop in investments, if they decide to leave the european union, according to black rock. in a report to clients, the vice chairman says "brexit offers a lot of wrecks with little -- a lot of risk with little obvious rewards." the return to growth at the end of last year as it falls off the impact of a currency shot. aftercreased .4%, contracting the previous quarter. that growth beat analyst esti

this move by moody's, as rich pointed out, largely ignored. i think cues from wall street, where u.s. shares and their best day in over a month, are helping boost asia. we had stellar growth out of australia. , moneyoosting sentiment flowing back into risk assets and risk currencies. yen above 114. little changed, though. 113.99 yen. we were talking about super tuesday. also got a mention from donald trump. he mentioned the yen, blaming the delivery devaluation of the currency by the japanese for economic challenges. rish? rishaad: looking at hillary clinton and donald trump, looking to be the big winners on super tuesday, projected to have won half the contest across the states. they have been consolidating their positions as the favorites in the race for the white house. let's get more from derek wall bank in new york. >> how are you? it is a huge night for donald trump and hillary clinton as well. donald trump has won most of the states that have come in so far. ted cruz has won his home state of texas. that was considered must win for ted

we decided to ask the young men themselves. >> andrew moody is part of this documentary. talk about your role. >> i was one of the young men that they interviewed, i was on the phone and spoke to them about my experiences and poor decisions i was making. she brought up an interesting question, what is the reason behind those poor decisions? school systems, parenting, and it's a complicated question with complicated answers. there are a lot of factors that play into this. something that played into my experience, my parents were getting divorced and i began making poor decisions and realized i needed to change the results. that is a message that can benefit of lot of black males out there experiencing minutes long, includes a lot of interviews, and then you are going to have a panel discussion following the show. >> we are going to have a panel discussion and let the audience tell us what they think about the film, what they think about what we mentioned. we will have a survey afterwards, but, we want to get everybody's feedback but really believe this is going to be life-

shona: thank you so much, kate moody. now it is time for "the press review." .elcome back oliver farry joined me on set for a look at today's french and international papers. hi there, all over. francois hollande and david cameron met on thursday, and the french president warned the u.k. about what might happen if britain does leave the e.u. co the so-called jumbo migrant camp is called a ticking bomb for the june 23 recommend him -- the june 23 referendum. france is warning the u.k. that if it wants to lead the e.u. -- to leave the e.u., it would no longer be france's responsibility. caps off' on --cameron says more leaving some people to accuse the two leaders of orchestrating an attack. shona: france does seem to be the e.u. nation most responsible for speaking out against brexit. --ver: the problem is relations between france and london are suspended pending the june referendum. migrants dominated the agenda, but the only questions of defense and security were carried by a real sense of bilateral is him. both sides fe

moody was later found dead in a swamp from a drug overdose. >>> for the first time, andrea recounts the horrific chain of events the night her daughter was killed. hear her story and what she wants victims of domestic violence to know before it's too late. >>> new at 6:00, in the last two hours, a busy intersection in east charlotte reopens. crews had to repair low-hanging power lines. albemarle road at east wt harris boulevard was closed for an hour this afternoon. traffic was moving smoothly again by 4:00. >> new at 6:00, d.o.t. gaston county. number of structural structural issues. they report the bridge on hallways street road between monday. traffic will be detoured. it's unclear when the bridge will reopen. >>> right now, meteorologist john arens -- ahrens is tracking the showers. >> i think a lot of this rain will wait until saturday night. most of your evening plans. 9:00, 10:00, we'll start to see some of those showers outside. right now, it's mostly cloudy, making for a beautiful sunset in charlotte. still fairly mild in the middle 50s. good temperatures out to the east over a

moody's has cut its outlook for china's credit rating to negative the cause of rising government debt and falling reserves. the agency sees state debt increasing by next year. moody's affirmed its long-term rating for china but says beijing's policies may slow the reform of state owned enterprises. apple and theween fbi heated up yesterday as lawmakers in washington heard arguments from both sides on the phone encryption issue. are no demons in this debate. you have a lot of good people who see the world through different lenses, who all care about the same things in my view. the companies care about public safety. the fbi cares about innovation and privacy. we care about the same things. we should make this any easier conversation. >> if what happens here is that apple is forced to write a new operating system, to degrade the safety and security in phones belonging to tens or hundreds of millions of innocent people, it will weaken our safety and security, but not affect the terrorists in the least. nejra: global news 24 hours day powered by 2400 journalists around the world. guy: tha

moody was the first to pay a fine this year -- after posting on facebook about a discussion over the city )s confederate monument. 22;18 i think fining members of council for communicating with the public is not good it s not a healthy situation and it needs to end newschannel 3 reached out to mayor wright about both matters. he responded in a text message saying he would not comment on personnel matters. rowe )s announcement for mayor is significant because he )s had an adversarial-p&relationship with the city-p&council. turning now to the weather. the sun made an appearance today on the campus of tidewater community college in

moody's cites uncertainty over the capacity of authorities to implement economic reforms. the agency also has concerns over rising government debts and falling reserves. chinese markets shrugged off this bad move with the shares in shanghai jumping 4% on wednesday. markets may be hoping for fresh measures when china holds its annual national people's congress later this week. the warning from moody's, though, highlights the challenges ahead for chinese officials as cheans growth shows. many workers say they are having trouble finding jobs and the steel and coal industries in particular have been hit by job losses. there are warnings that more are on the cards. reporter: china's steel jobs under threat, across the factory, a dozen factories like this have shut down. with international steel prices hitting an all-time low, jobs are at risk. among the worst hit are young graduates and internal migrants to help them find new jobs, the cheans government has announced a 14 billion euro fund but it won't be enough. >> work is difficult to find for the industry that i want to go i

is chris moody with us right now? all right.ting more information about what's going on in utah. we will get that to you as soon as it comes in. meantime, let's go back to max foster nor brussels. >> joined here by our journalist, raid on friday, where abdeslam was captured. and this heightened tensions, security tensions within the city, and then of course we have the attacks yesterday and the feeling is the security, authorities here in brussels think there are links between the paris network of attacks and the attacks here, is that right? what are they saying to you? >> yes. surely the same group. and this happens, so, there is a link between the two. our best guess is that the guy from the paris attacks, logistical role until the paris attacks is one of the main targets now. that's only al guess. we are not sure yet. >> where is the search focussed? is it focussed on brussels or beyond? >> it's brussels and the suburbs of brussels. yesterday it was a search in a house, in an apartments. they found bombs and stuff -- >> it wa

. >> chris moody, big upset in michigan for bernie sanders. there are all these questions, can he replicate it in some of the american states, ohio, missouri, illinois. the answer this morning is a definitive no. i think people wish -- they were certainly surprised bernie sanders upstaged that win in michigan last week, but i think there might be equal surprise that hillary clinton may have run the table. she's leading there. she might have gone five for five. >> you're right. after michigan, the big test for bernie sanders was to pull it off again because you have to one more than one state or obviously bernie sanders has won more than one state, but you've got to be able to repeat it over and over and that's something john kasich on the republican side is going to have to prove as well. but hillary clinton really showed her strength tonight, not just in one region of the country, but she's already shown she can do it in the south, she can do it in the midwest, and as we head further west this week, if she does well, you're going to see her g

p>>laura: and i'm laura moody. pwe have an accident involving a ptractor trailer. p>>reporter: right now sky fox is pjust arriving on scene showing pus that the semi truck has been puprighted. pit was overturned but it has pspilled some debris in the proadway. plooks like a whole bunch of psand. pyou can expect these lanes to be pclosed for quite a bit. pthis is along main street near pvan fleet and what we're seeing, preally, as far as the delays in pthe area, mostly eastbound pdelays along van fleet papproaching main street and also pwestbound delays along main pstreet approaching van fleet. pdrivers heading through the parea, if you're usually one to ptake van fleet drive, basically

moody was the first to pay a fine this year -- after posting on facebook about a discussion over the city )s confederate monument. 22;18 i think fining members of council for communicating with the public is not good it s not a healthy situation and it needs to end newschannel 3 reached out to mayor wright about both matters. he responded in a text message saying he would not comment on personnel matters. rowe )s announcement for mayor is significant because he )s had an adversarial-p&relationship with the city-p&council. turning now to the weather. the sun made an appearance today on the campus of tidewater community college in downtown norfolk. but we )re tracking more rain moving in. chief meteorologist patrick rockey has the details in your first warning storm team forecast. tracking colder temps, along with rain and a little snow....get ready for a quite ride with our weather over the next few days. we )ll start our thursday morning with temperatures in the low to mid 30s. by afternoon, highs will climb into the mid 40s. we )ll see sunshine for the morning, but by afternoon and

chris moody, the map in florida is stunning.o rubio, the sitting senator from the state of florida won one single county, his home county, dade. so he won basically his friends and family and lost everywhere else in state this he's rented for nearly six years. >> can we employ a little cloos your own adventure here and look at florida, who thought what florida was supposed to be? it was supposed to be between jeb bush and marco rubio, the apprentice. it's turn ee eed into something completely different. nothing has come to fruition as planned. donald trump coming in and just annihilating him. i can't imagine people seeing that map for the first time and seeing that little speck for marco rubio. he's the sitting senator of a state. we talk about john kasich for ohio. of course, he won ohio, of course. well, marco rubio should have done something similar or at least won a few more counties, but donald trump's power there in strength have reflected in the rest of the country as well and i think that that is a real sign, a real scar

have a look at the shanghai composite. , alsoown across sectors moody's revise the credit outlook for 38 state owned chinese companies from stable to negative. long story short, and this is based on their statement, the change in sovereign rating , their capability to thanrt soe's weaker moody's expected. china a picture of an economy that sputters on all fronts. sector slowed down in february. onare in beijing with a look the back of disappointing pmi manufacturing data. china keepsews for rolling in. pmi coming up 49.4, falling from 50.1, so it did hold its head above water in the previous month. broadly painting a picture of disturbingn what is is this services sector is meant to be the new driver of china's economic growth, more than 50% of the economy. this has been the intention to overtake the traditional drivers. data shows it's starting to lose steam. year it isf difficult to get a read of the , factories and businesses closing, finishing up a seasonal distortion. we tend to have to wait until march later in the year to get a good indication of how the economy is going. the p

let's not forget what moody's did today. the ratings outlook downgraded because of the debt situation. the corporate credit and corporate overhang in terms of the debt is quite sizable. i had somebody tell me in the region about 160% of gdp. herein lies a problem. when the economy is making this transition towards the consumer, away from an investment-led growth, there's going to be bumps along that process. there's going to be defaults. there's going to be unemployment. it's going to be quite messy, in a word. there's going to be more debt being brought into the system. i think the market's arguably a little complacent. they seem to be riding on the coat tails of the stimulus effort of the pboc. nikkei up by 4% largely thanks to the rebound in dollar-yen. i think it comes down to the u.s. data. payrolls at the end of the week. if it's a constructive number, that could help the dollar and weaken the yen. that could be constructive for the nikkei 225 amongst others. that's where we stand. back to you. >> sri, good to see you

josh rogin, in l.a, dylan byers, chris moody, senior correspondent for cnn politics.com. and alex burns, national political reporter for "the new york times," all with us. great analysis and insight for you. dylan, i want to start with you. there was a moment last night in trump's press conference that wasn't a press conference. he had said -- the press said he was going to have a press conference but he did not take questions from the press. in fact, i think he had some choice words for the press in that conference. but then he said something about his right-hand man, cory lewandowski. let's listen. >> sit down, everybody. this is mara la go. good job, corey. >> an endorsement of corey who has embroiled in some of the controversy on the tactics of the campaign. that was a pointed moment of support for corey. >> yeah. it was a moment of support. it was an effectively an endorsement of his campaign manager, who has been embroiled in controversy, and it was a thumb in the eye of reporters. and frankly, especially, female reporters, who feel like this whole scandal involving

the two victims tell police that last monday...levi moody and another man walked for a ride.when the victims refused and began to drive off...they say moody reached into the car and grabbed cash out of the center console. when the victims got out of the car to confront moody...that's when they say he pulled a gun and threatened to shoot.moody is charged with armed robbery. robbery.limestone college tells us moody will face a charge of violating the school's student conduct code...which will be treated independently from the criminal case. 3 its a day that only comes once every four years! years!so imagine being born on leap day...or getting married! why this day was so special for some upstate families! families!clemson's historic football season just ended... and they're already practicing for next season!here from coach swinney next! next!and rain is in the forecast--so get your umbrella's ready as you head out the door tomorrow...coming up i'll have a full look at your week ahead.stay with us us 3 3 3 3 3 3 for just $4 you can get an everyday value slam, all you can eat pancakes,

elizabeth psimas, bill moody, and danny meeks. c1 18:50:30 - we need john. you need john. we all need john. so it's very important to get john elected as mayor. moody and sheriff bill watson - who have both had public disagreements with wright - made contributions right then and there. c1 18:48:15 - john, i want to be the first one to publicly endorse you. and i want you to take my experience, was appointed willson, at the same time. c4 19:23:55 - it comes with the job of being city manager. at the time - wright said it was because rowe presented a 17 cent real estate tax increase in the gap. c4 19:23:01 - it would take 17 cents to continue to provide the services that council are eager to see rowe back...in a new position. c2 19:11:14 - i just have so much confidence in him that he will do a great job. c2 19:12:22 - now more than ever, portsmouth that he will do a great job. c2 19:12:22 - now more than ever, portsmouth needs him. former portsmouth sheriff gary waters had previously said he would run for mayor too. he said tonight he is stepping aside for rowe to run. cand

she is moody's before i did not know . mike: this is what we have for the forecast tonight. the forecast high at 150 warmer. it's 100 shy of 76 . we have another day where we have a mix of clouds and sun. we are going to say one more out there . with a clear sky and we have temperatures with cloud cover over the tri-state region but it doesn't look like we're going to see precipitation here.we'll six showers hanging to the north and that's about it. we see a breezy day headed down to 600 in the city. 600 tomorrow and 64 on friday. don't forget the weather app in the apple itunes belgium media is identifying suspects. the two men in this surveillance video on the left has been named as brothers, khalid and abraham broke. the man in the white is said to be nudging the man who built the bombs in the terror attacks and paris. >> this memo struck and killed by a gray suv. the city council has smokeless cigarettes. the ban will go against chewing tobacco's by major league baseball players. both teams have publicly supported the ban. >> duke is here now with a look at sports. >> i

img joined in the studio by kate moody. you are going to start off with what we are seeing out of brazil as we have had huge protests against the government in recent weeks. >> the business community is weighing in now. the president of sao paulo industries is calling for president, roos f2 resign. say dilmaess leaders rousseff has improperly failed to -- the corruption scandal has done little to help the situation. >> the brazilian wall street occupying its own sidewalk. the federation of sao paulo industries faced a weeklong protest in front of its headquarters, and on thursday the umbrella group of 130,000 businesses publicly came out in favor of dilma rousseff's in pitchman. rousseff's impeachment. she was 2014 when elected, the economy has collapsed. at one time we had 30 employees. now we have seven. >> brazil's economy has suffered under the current president, with the gdp dropping by 10% over the past two years and the public debt increasing. it has faced its worst recession in decades. after dilma rousseff's latest

. >> moody's investor service released a couple of scenarios that could play out when it comes to ac's future. right out in the state legislature considering two bills. one rescue legislation. if both bills pass the city's $102 million deficit, will shrink by 73 where's and almost gone by 2020. if only one bill passes, crippling deficits of 30 million to 40 million annually over the next five years. if neither passes moody's believes atlantic city will run out of cash in the next few weeks. >>> we learned one of six people killed during a violent night in philadelphia was the brother of nba player dion waiters. waiters plays for the thunder. he graduated from live center academy in burlington. waiters shared the news on instagram. his brother one of six people killed in philadelphia last night. the police commissioner expressed his frustration today. >> one of the most violent nights we've seen in a long time. all over the city five different police districts. no rhyme or reason. it wasn't consolidated to one place. >> the thunder expressed their support for waiters and his family. >>>

. >> a market rally in asia overnight despite a moody's downgrade. >> and new this morning, ex-chesapeake energy ceo indicted. a pioneer of the u.s. shale boom charged with conspireing to rig bids. it's wednesday, march 2nd, 2016. "worldwide exchange" begins right now. >>> good morning to "worldwide exchange". >> donald trump and hillary clinton move closer to securing their party's nomination for president. clinton winning seven states. bernie sanders taking home four super tuesday wins. >> instead of building walls, we're going to break down barriers and build -- [ cheers and applause ] -- build ladders of opportunity and empowerment so every american can live up to his or her potential. >> clearly going after trump there instead of sanders. on the republican side, trump did turn in seven victories last night. ted cruz picking up wins in his home state of texas, also neighboring oklahoma, and just a short time ago he did pick up alaska as well. >> there's much less enthusiasm for the democrats. so look, i'm a unifier. i know people are going to find that a little hard to believe, but be

moody's says the strong economy favors the democratic candidates right now. it comes down to tangible things that make people feel confident that the personal economy is strong and gas prices, epitome of that. many drivers fill up once a week and moody's says keep an eye on prices in florida, ohio, new hampshire and colorado. many have the prices close to the national average of $1.75 a gallon. families are expected to save $320 a year on gas. moody's says if you strip out gas prices or voters choose to ignore gas prices, the republicans have the edge when it comes to the economy. the economy has been polling consistently as the top issue for voters. in an hour and 18 minutes, we will have new polls that will be fascinating. >> the business guys and economists think they are right. the political scientists say no. the opposite is true also. interesting to see. >>> erin andrews gets very, very emotional in court talking about the video of her, a naked video secretly recorded by a stalker. stay with us. >>> welcome back. emotional testimony from sportscaster er

as in a time when the country depose to a local election but also an international rating agency moodys is in the country as we speak deciding whether to down grade us to junk status > >>> [indistinct] what will happen there? do you expect any sort of drastic measures to be taken and how far are they willing to go especially considering that this is an election year in south afri africa? >> let's not forget that it was in 2008, around september that year, that the anc decided to recall former president and those conversations are currently happening in the country in the build up to this big meeting of the national executive. the last time the president faced his national executive in the ruling party 85% of that rule supported him even though they're discussing matters, the majority of the national executive in the country comes from the executive meaning there's little room for them to be held accountable. party leaders are coming out to say under the president we're seeing an mafia state and how the anc responds to the dilemma will chart the course for the anc, old liberation movemen

let's bring in senior politics chris moody. let's start with the republicans, chris, because that is the most recent result and that result being that ted cruz got over 50% of the vote in utah which means he wins over 100% of the delegates. >> that is right, donald trump had a good night tonight, but certainly not a great night. he would have if he had been able to keep ted cruz under 50%. that allow s him a little bit o momentum to keep moving forward. because of that donald trump needs to get just over 50% of the remaining delegates. there are about 500 he will need to get to that magic number of 1237 in order to win. so keep watch of the delegate cou count in the future. if he continues to get over 50% it will look better and better for him. >> as for bernie sanders, he had his best state since his home state of vermont, just huge wins in idaho and utah. but partially offset by hillary clinton's big win tonight. >> let's look at the numbers in general. the cnn estimate has hillary clinton with 1229 pledged delegates. and ber

city councilman bill moody says rowe will formally announce today that he )s running for mayor. rowes not the only one in the race - there are several other contenders. most notable -- the incumbent -- kenny wright. he announced in a february facebook post that he would be seeking re- election. the election is in november. news channel 3 reached out to mayor wright to get his thoughts on the challenge -- but haven t-p&heard back. john rowe is scheduled to make the formal announcement tonight. today fire crews in currituck county will try and figure out how a fire started. 6-30 last night. it )s the area right where it intersects with south currituck road. there aren )t any reports of anyone hurt. it has been one year since anjelica "aj" hadesell was reported missing. norfolk police say the 18 year old disappeared while home from longwood university on spring break. her body was found months later outside of an abandoned home in southampton county. anjelicas step father - wesley hadsell - is currently in jail - but on charges not related to her death. the southampton county commo

i want to bring in the rest of our pachblt chris moody.lan byers, and cnn political analyst josh brokegu breaux begn josh row begin. donald trump won at least three if not four out of the five states. missouri is still to be determined but hee leading there. and he picked up such delegate hauls in illinois and missouri that he may have emerged fine after losing in ohio and inching closer to that nomination. >> right. i think what political insiders look at is the number that eric mentioned, which is what percentage of delegates does trump need in order to lock up the nomination outright. and that percentage actually went down last night. he actually made progress, and his chances are actually better than they were yesterday, although, far from assured. the kasich narrative has always been wait till ohio. after ohio, after i win ohio t whole race will change and money and support and media attention will come to me. well, that doesn't look likely to be the case. and as we look at the next three primaries, we're talking about arizona, utah,

chris moody. he's in boynton beach, florida. and alex burns. thanks for being with us. alex, let me start with you, i guess. what are your first impressions from the night here? big night for the front-runners, but a lot of wrinkles that could be interesting going forward here in these next contests. >> absolutely. the democratic side is, i think, a lot more clear cut than the republican side. clinton really just an overpowering favorite at this point. it would take just a staggering upset for her not to be the nominee at this point. trump, on the republican side, we can now pretty confidently -- really confidently say he's going to go into that convention with a majority of the delegates. but whether he's able to get -- excuse me. he's going to into it with the delegate lead. whether he can get a majority is an entirely different question. you do see john kasich winning ohio, taking those 66 delegates off the board. that's a big setback for trump if he's going to clinch this thing before the cleveland convention. there are a bunch of other states coming up. arizona, ut

moody's also says this year's budget doesn't solve pennsylvania's budget deficit or its pension crisiseather with meteorologist bill henley. >> 5:38. friday morning and a warm morning. we're in the 60s right now. the wind is blowing but we're watching for rain. it hasn't at riffed yet in philadelphia but it will be moving in this morning. 64 degrees. it will be warmer this afternoon. we will see sunshine break through the clouds. right now pottstown, doylestown, trenton, all in the low 60s. rain has just started to fall in portions of gloucester county, logan township seeing light rainfall. harrison township doesn't seem to be bothering the temperatures at all. still in the low 60s. the first round of rain moving through the next round will be here later this morning. all we've seen so far is light rain, allentown, limerick see something of the rain showers. philadelphia getting a few sprinkles and into gloucester and camden counties. the rainfall won't be all day. the hour by hour futurecast shows at 8:00 this morning, more light rain and that light rain is going to taper off at times

. >> the question is how moody is it? is it moody like a teenager? >>> breaking news this morning. it is the wednesday after the second super tuesday. big wins for donald trump, stunning upset for bernie sanders. so many people casting their states on that tuesday, looking to a huge tuesday six days from now. the entire race shaken up. we'll break down the winners and losers ahead. good morning. welcome to "early start." >> it's wednesday, march 9th. it's 5:00 a.m. on the east. we've been on tv for 76 straight hours. want to welcome our viewer the in the united states and around the world. this was a stunning result, an upset victory for bernie sanders in michigan. i don't think the sanders campaign saw it coming, the clinton campaign didn't see it coming and the polls didn't show it likely to happen at all. hillary clinton won decisively in mississippi. look at that margin there. as a result, hillary clinton won the most delegates on this super tuesday. she extended her delegate lead. that is the margin now, that includes superdelegates, hillary clinton more than 200 ahead and it

our kate moody has more on his wins and losses. ate: another triumph for trump.e cemented his front-runner status of the republican race with seven victories in states on super tuesday. >> i'm a unifier. people may find that hard to believe, but believe me, i'm a unifier. after we get all this finish, we're going to go after one person -- that is illegal and. we will be more unified and we are going to win in november. kate: it was not quite a clean sweep for donald trump. home stateaimed his of texas, oklahoma, and alaska. he also asked voters to unite behind him. >> as long as the field remains divided, donald trump's path to the nomination remains more likely and that would be a disaster for republicans. kate: marco rubio, the candidate considered closest to the party establishment, trails and second or third place in many states. he claimed his first win of the primary season tuesday in minnesota, but failed to gain traction in southern states, strongholds for republicans. he is counting on a strong showing in his home state of florida in two weeks time and v

moody's is concerned about that levels.er guests say they are not concerned about that in china because the government is not that indebted, when you compare it to the rest of the world. obviously, this distention between corporations and government is not as simple as it looks on that chart. jim: no it isn't, because the slightly pink one, which looks like about 180% of gdp, that is basically state-owned enterprises. primarily state-owned enterprises. that is government that actually. and you get that level, which is really out there, hardly any countries that have that much debt that is ultimately backed by the government. that level of debt becomes a deflationary impact on the economy. has it stops growing, china played a bit of a trick in the last five years. by running up that debt in order to invest. a massive investment boom that has kept the economy growing much faster than a natural trend. this is getting to be the end of is kind of gdp getting to the end of that voyage. and at some point, chinese growth has got to

moody's downgraded its outlook for china last week.he topix has cap's best three weeks. it was within touching distance of a bull market. is there a feeling the worst is over with? wasn't that far down given the volatility we have had in 2016. >> there is a growing sense of the worst being over. we have to bear in mind how far japanese stocks fell this year. after the pboj interest rate announcement, it fell further. the banks have been doing well recently. also, globally shares have been doing better as well. data,anufacturing, jobs economic data, looking stronger, giving investors a bit more confidence, but also we have the idea of stimulus in japan. what's interesting this time around is how japanese stocks have been moving. the public's pension fund will be having their first full year of potential losses under the of a administration, a difficult thing for abe to deal with. there is speculation about how stimulushave to boost and hinting at different fiscal policies to try to boost the market and make results look at her at the en

chris moody, thank you so much. hall. moderated by anderson cooper. live at 8:00 p.m. eastern on cnn. >>> let's take a look at what is coming up on "new day." alisyn camerota joins us. >> good morning, ladies. love the purple. christine. in a few minutes, we'll talk about new striking developments in the 2016 race. donald trump laying out his foreign policy plan and he and ted cruz trade barbs over a salacious tabloid. >>> and we will ask the sanders campaign about the new strategy to win the state of new york. >>> in the wake of the brussels terror attacks, the threat continues throughout europe. police spreading a dragnet across several countries. we will have the latest on the manhunt for all of the attackers. >> thank you, alisyn. >>> investors in a bad mood last week with a long holiday week. we will get an early start on your money next. living with chronic migraine feels like each day is a game of chance. i wanted to put the odds in my favor. so my doctor told me about botox®, an fda-approved treatment that s

moody's also says this year's budget does not solve pennsylvania's budget deficit or pension crisis.>>> this morning, there's still no solution the horizon to avoid a shutdown in atlantic city next month. the city is getting closer to running out of money leading to a threatened city hall shut down. a planned city hall shutdown on april 8th. governor chris christie said the city has failed and he will only sign bills that allow the states to break the casino tax collection system and take over the city. the mayor still wants an $8.5 million temporary loan from the state. >> how longç can we last? not long. three weeks, we make it. may 2nd, second quarter taxes come in. it will only be a matter of weeks, not months, before we run out of money again. >> police, fire and trash collection continue. some city employees have volunteered to work for ious from the city when they do get money. others will sit home and collect unemployment. >>> it's 4:34. this morning, secretary of state john kerry is in brussels for counterterrorism talks with the european union. plus we're learning more abo

moody was later found dead in a swamp from a drug overdose. >>> on monday, d.o.t. crews will close a bridge in gaston county after an inspection found a number of it's the bridge on hills creek road between dallas and stanley. traffic will be detoured to old willis school road and rine road. it's unclear when the bridge will reopen. tomorrow is the beginning of severe weather preparedness week in north carolina. governor pat mccrory declared march 6 through 12th as a time to get ready for spring. mccrory encourages everyone to have evacuation plans in space. john is tracking showers in the area. john. >> starting to pick up right now up across north western parts. should say of lake norman. right now, some light rain fall all over statesville. down in the east to the southwestern parts as you get into ford, and near lake norman state park. down to the south and west, still some rain fall. just past conover, right now over the maiden area pushing into denver. and lincoln county. put a tracker on this one with live early doppler 9. these will be the communities get i

city councilman bill moody says rowe will formally announce today that he )s running for mayor. rowes not the only one in the race - there are several other contenders. most notable -- the incumbent -- kenny wright. he announced in a february facebook post that he would be seeking re- election. news channel 3 reached out to mayor wright to get his thoughts on the challenge -- but haven )t heard back. john rowe is scheduled to make the formal announcement tonight. today fire crews in currituck county will try and figure out how a fire started. crews were called out to caratoke highway around 6-30 last night. it )s the area right where it intersects with south currituck road. there aren )t any reports of anyone hurt. this morning we now know the names of two people killed in a massive fire at a middlesex county marina. police say 75- year-old frank blantz and 65 year old julia blantz were on their boat when it went up in flames monday morning. police say the couple had a home in urbanna . along with the couple killed in the massive fire -- nearly two dozen boats were destroyed. po

elizabeth psimas, bill moody, and danny meeks. c1 18:50:30 - we need john. you need john. we all need john. so it's very important to get john elected as mayor. moody and sheriff bill watson - who have both had public disagreements with wright - made contributions right then and there. c1 18:48:15 - john, i want to be the first one to publicly endorse take my check for $500 for your campaign. rowe, who has 45 years of public administration experience, was appointed city manager in 2012. but, in april 2015 - council ousted him and city attorney george willson, at the same time. c4 19:23:55 - it comes with the job of being city manager. at the time - wright said it was because rowe presented a 17 cent real estate tax increase in the city to close a budget gap. c4 19:23:01 - it would take 17 cents to continue to provide the services that council wanted to provide. while he's been away from city hall for nearly a year - many saying they are eager to see rowe back...in a new position. c2 19:11:14 - i just have so much confidence in him that he will do a great job. c2 19:12:22 -

back at moody's after it cut a long-term debt outlook.ong kong's of ratings long-term unchanged, but downgraded the outlook negative to favorable. john tsang says that movies has got it wrong. john: they can look at the economic conditions we have. it is time to consider an upgrade for hong kong. yvonne: central banks out of ammunition when it comes to boosting growth. good morning. ♪ yvonne: it is 8:14 a.m. in hong kong. these are the stories making headlines. at least 34 people killed in an explosion in the turkish capital ankara. the suspected suicide bomber blew up a car close to the prime minister's office, injuring 125. the blast comes less than one month after another explosion. that attack was claimed by kurdish separatist in response to turkey's campaign against ethnic kurds. president xi jinping has called on the armed forces to step up defense by being more inventive. issaid military there essential to combat efficiency. he called for what he described as unique advantages in key areas. korean and u.s. forces have states their

outlook cut by moody's.ng it off, focusing on yesterday's better-than-expected u.s. manufacturing data. asian stocks rallied and european stocks on track for a five-day winning streak. positive news on australia's economy. the ucf as a positive sign that we are beginning to shrug off china? , thewe saw china sweating markets fell apart. >> something interesting is going on around china and it is related to the g20 meetings we had in china last week. we are talking about china as a normal economy that has normal challenges. it has significant challenges, but we need to talk about china in a context in which they knew better and the china case is different. it is not different. it has a problem of excessive use of leverage, overcapacity in sectors, credibility issues on the government side. it is good that the whole dynamic of western finance has been to bring china to the side of the table, putting them into and subject them to western standards in terms of transparency and policy behavior. what we saw yester

i'm walter allen((laura)) and i'm laura moody, in for jen epstein. we'll get to all that, and the weather and traffic in a moment... but first, we're following a developing story out of *belgium. 3 (laura two explosions ripped through the brussels airport during the morning rush hour... the blasts went off in the departure hall... hundreds of passengers were trying to check-in at the time... and several people were injured when they went running for cover. they were taken-out to the tarmac, to receive first aid... we can also confirm, that one person has died. and officials are come to the airport... until they can figure out what's going on. this comes just *days after the prime suspect in the paris terrorist attacks was arrested in brussels. and now we're hearing there may have been another blast, at a brussels metro station... we're monitoring this situation, and will bring you updates as they come in. but now, let's go to dave. 3 3 (dave 3 3 3 no closed captioning is available for traffic. 3 3 3 3 3 3 3 3 (walter 3 new this morning: a scary scene

p>> i am laura moody. pfirst we need to start with ptraffic. p>> nasty crash, effecting puniversity parkway. pwe'll show you video from the pscene. peastbound and westbound lanes of puniversity are completely closed pin the area of desoto road, all pthe way to bradenton road. palternate, myrtle street. pclosure can be fairly extensive, pdeadly crash investigation. pif we can, we can show the pvideo. pthree people have passed away in pthis crash. pspeed was likely a factor paccording to police. pone other person injured, pexpected to survive. pwe'll keep you posted any new pdetails that come from this one. p>>> we have cloud cover tampa psouth this morning to the north pmostly sunny. pit is the temperatures that are pgoing to get you. pcooler than they have been. p52 p58 in tampa when i came in, pbrooksville, 48, 46 crystal priver. pgoing to be cooler tomorrow. pwe have about 30 hours, i think pof a nice cool down. phighs in the mid 60s. resident obama and first family pin havana. resident obama first sitting resident to step on in 90s. p>> rays

it is less risky than china, though moody's does not seem to be singling that. next, we're going to talk itv. ♪ guy: half past the hour. will come back. it is the banks that are leading eses by the 6/10 of 1%. caroline: wanted to focus on those miners. these stocks are on the higher side today. anglo-american is having his best day for the month. we are at our highest levels since november for anglo american. the reason seems to be optimism and the buying of metals. the outlook for china seems to show promise of the stimulus coming from japan. that is boosting the economy until they hit that 2% inflation figure. and of course, better data out of the u.s. and europe is feeling those slightly beaten up stocks. the miners lead the charge. and only downside, medical performers. -- and on the downside, medical performers. third-quarter results are very disappointing. they are missing analyst's estimate by 20%. overall, they are worried about sales that are particularly weak. elexa was beat up today on the stoxx 600. itv is up by 3.5%. ity actually managed to beat in

i'm walter allen((laura)) and i'm laura moody, in for jen epstein. we'll get to all that, and the weather and traffic in a moment... but first, we're following a developing story out of *belgium. 3 (laura two explosions ripped through the brussels airport during the morning rush hour... the blasts went off in the departure hall... hundreds of passengers were trying to check-in at the time... and several people were injured when they went running for cover. they were taken-out to the tarmac, to receive first aid... we can also confirm, that one person has died. and officials are

deutsche bank may have its credit rating cut by moody's investor service.is on concern that germany's largest lender will struggle to carry out an overhaul and improve profit. changingays that since leadership and recalibrating strategic plan, the operating environment has only worsened at deutsche bank. that is your bloomberg business flash. manus: thank you very much. the race for the white house turned to international matters. the conference organized by america's most powerful pro is really lobbying group. anna: hillary clinton and three of her republican rivals declare their support for the state. elliott gotkine has more details for us. good morning. the candidates are presumably falling over themselves to see who could be the most row israel in front of that -- pro-israel in front of this audience. elliott: not particularly surprising. if you are going to address them, it is nice to say some good things about israel. hillary clinton, the democratic front runner, was speaking earlier in the day on monday. she sought to emphasize how she has always su

has kong's financial sector hit back at moody's after it cut the city's long-term debt outlook.atings agency cap the long-term ratings unchanged, but downgraded the others to unstable. tsang says moody's has it wrong. >> if they look at the economic conditions we have, it is really time to consider an upgrade for hong kong. developmentperty deal that would see them by more than 90 and dollars and assets. vanke aims to fund the acquisition through a share sale per the company is fighting for control of itself. the chinese government ease property curves. -- curbs. the pboc governor has been in for sizing that china does not need to devalue its currency, but that does not mean the yuan is on the strong side. david: it can get confusing. part of what we need to understand really is that we now have two measures of the oneinbi, the conventional and then the basket. it depends on which one you look at. you get a better sense of why there is so much that's for the yuan to weaken. the basket is actually weaker. very quickly, this is dollar-yuan, basically at the strongest level so far

>> we just got the warning from moody's. they cut the outlook to negative, and there was questioning over whether the chinese leaders could actually stop the. -- stop this. the question is where is the impetus for reform. issues,arly unpopular session four popular issues -- ,articularly for popular issues there is a difficulty, but a longer-term gain. the balance is shifting towards a sugar hit in the near term, and you've got to ask, what is going to happen down the path for china? we have got to deal with these problems sooner rather than later. >> thank you so much. rishaad: a quick check now on some of the other stores today. turning to the telecom companies. business has been suspended in hong kong this morning following a reuters report saying u.s. authorities are set to impose restrictions on the company, and ge is hit with a live session ct said to have is violated -- shock in the other direction in tokyo after report that the chief executive will resign it amid the foxconn takeover. denied this onan thursday. foxcon

moody's has cut australian iron with a negative outlook.sing it to levels below investment grade but acknowledges the efforts to cut cost and reduce debt. cyber security experts say bangladesh much take the blame for the theft of $100 million of its account of the new york fed. the government has pointed the finger at the fed but denied the systems would compromise. david tweed has been on this from the get-go. is really to blame. >> the hackers are the one to blame. centralpened with the bank, the finance minister turned and looked at the fed and have been too many irregularities about what the fed will do and we will have a legal fight to get the $100 million or so still missing. said we got these instructions from the bangladesh central bank. we follow the protocols and we did what we needed to do. the thing we need to do is one of the thanks and what the transactions noticed a spelling error. stopped moreat money coming out. the people i've been speaking to around asia are like saying if the bangladesh central-bank had the right protoco

moodys odowngrading its outlook on china. moody's sights reform and fiscal risks.with us is ann van praagh of moody's sovereign risk group. i want to get into the specifics of what you talked about within your note and changing your outlook. normally i would never start on this question but today is unique. donald trump is coming up soon. he's talking about a trade war sometimes at some point with china and tariffs of 45% to stop their imports. at what point have you thought about whether you have to consider whether or not the election could impact china's outlook? >> yeah, for us right now that's not a major driver. the main drivers of our outlook change this week from stable to negative and affirming our double a three rating. first is china has significant rise in debt levels. it has direct debt levels that have risen about 10 percentage points of gdp over the last couple of years. and it also has a rise in what we call contingent liabilities, these are liabilities coming from other parts of the economy. so if system wide leverage in china is about 180% of gdp,