vonnie quinn, what is the story? toll is at least 43 in the severe weather that slams the south and mid west. in texas, tornadoes touched down near dallas, killing at least 11 people. flooding in the midwest is blamed for at least 13 deaths. there is a state of emergency in missouri. iraq's government is planning a major breakthrough against islamic state. a spokesperson has announced that ramadi has been fully liberated from the militants. the western provincial council was overrun by islamic state last may. since then, the militants repelled several attempts by iraqi forces to retake it. dozens of opposition fighters are being evacuated on the border town. buses and ambulances will take them to amazon -- will take them to -- legislature has passed the country's first antiterrorism law. it requires tech companies to help investigators break code. one of basketball's greatest ambassadors has died. meadowlark lemon of the holland globetrotters -- of the harlem globetrotters. he was 83 years old. global news 24 hours a

first we go to vonnie quinn. possible new year's eve during a raid on

to new york city, first word news with vonnie quinn. vonnie: the coalition fighting islamic state is getting a new member. germany's parliament approved a plan to send planes and 1200 troops into syria. will conduct reconnaissance, and soldiers will be used only in support bowls. it is -- in support roles. officials in a juice say a fire bombing that killed 16 people today was not terrorism. police are looking for two young cocktailsssed molotov into a nightclub. investigators think the suspect attacked because they were not allowed to enter the club. ♪ but i never let it get me down i know someday it will all turn around ♪ thousands last night morning the california shooting victims in san bernardino. leaders from several states conducted a prayer and several -- a prayer and candlelight vigil. about 200 muslims prayed for those killed and wounded. leaders said it is too soon to determine whether the killers were led by their faith. in washington, the senate rejected a bill calling for background checks on those buying guns and weapons o

here is vonnie quinn. vonnie: a u.s.ys the defeat of is inevitable,y but it will not be easy. the gains are the biggest by government troops and ramadi since they seized the s may. government reinforcements are rushing to the scene to battle the taliban. troops in the southern helm and district -- troops in the southern helmand district called for help. the afghan defense minister says downity have been pinned for days by the militants. a human rights group is accusing russia of killing hundreds of civilians. saysty international russia is using cluster bombs and unguided weapons in densely populated areas in syria. the governor of washington state 's depending prisoner releases until a computer glitch that freed inmates early is fixed more than 3000 prisoners have been released in error since 2002. most of the errors were small, but a few inmates got out nearly two years early. military officials say a streak of light seen in the u.s. last night was debris from a russian rocket. it produced a fireball while burning up i

here with the first word news is vonnie quinn. : vladimir putin painted a picture of his meeting with barack obama at the white house didn't see it to same way. they say they have an understanding of what needs to be done in syria. the white house said that barack obama stressed that president assad cannot stay in power. the russians are still attacking legitimate opposition forces. in london, the house of commons will vote tomorrow on expanding tradition attacks on the islamic state. david cameron called for the it has led to a split in the labor opposition party. partysenior labour members are in a very. the talks in paris are highlighting a major split in europe. western europe is accelerating its response -- but eastern europe say that they should keep mines open for decades. the country that has become the world's worst polluter wants money to solve the problem. indonesia's problem comes from burning forests. the country says it needs $4 billion with international help, it could restore those forests. a college student has bee

i am vonnie quinn.ou imagine flying a drone like you are flying a kite? maybe it was amazon delivering one last christmas package. that is a very appropriate topic as we head into 2016. the actions of the federal reserve are going to be paramount in determining where markets go. banks arehose central going to be the most important to investors? the ecb cutting rates? i think the fed will be the most active. be in anill still easing stance. they don't expect any major further easing coming out of the ecb. that, if we're looking at term rates, despite the fed a probably raising rates who think a year, rates will be relatively stable. a selloff ining european rates. markets, it's not really pricing yet. your view of the fed in 2016 is in line with what we them.from it contradicts what the market is telling us. future suggest we will see an interest rate hike in march and perhaps again in september. we won't see anything close to 100 basis points by the end of the year. the market is doing is pricing the po

vonnie quinn at the news desk. time for the battle of the charts, where he look at some of the most telling charts of the day. joe weisenthal joining me, the miss,"r of "what do you and mark barton standing by. knows the fed is probably going to hike tomorrow -- why is it not coming up? betty: you forgot to login. [laughter] joe: may be let's go to mark. betty: market is repaired. mark: is the bank of england decoupling? in the last two decades, they tend to follow the fed in policy by roughly three months but all of that is changing because teachers are telling us that if they start hiking rates until january 2017, and there are two reasons this is a shot. the first is the white line, consumer prices today rising an annual .1 percent. we are so far below the bank of england 2% inflation goal. the other reason, average hourly 2.5ings and rose by percent. where the fed goes, the bank of england may not follow. are you logged in? joe: and here is why we will probably go. we have inflation data with energy the highest

here's vonnie quinn. chairs of syngenta are climbing in the premarket after there are talks to take over. people familiar with the matter they will buy 70% of syngenta with an option to require the remaining 30%. the board is expected to vote on the deal. $1 billion for roughly 40% stake in the u.s. money manager, according to a person familiar with the matter. they could happen early next year. eyeing the stake would be their biggest overhead investment since 2007. is planning to raise as much as $1 billion in new funds, this is according to a delaware state filing. lyft's filing didn't indicate how much money has been raised. this the value to its $2.5 million when it announced the previous round in march. tom: very good, thank you. angus blair owns the analysis of international relations in egypt. he has 30 years of experience working through the investment business for egypt, and is the linchpin of the middle east, a huge population and the population in excessive turmoil right now. with the terror and

vonnie quinn has more. vonnie: saudi arabia announced its leading a 34 nation islamic alliance against the team is in. it includes pakistan, turkey, and egypt. u.s. secretary of state john kerry is meeting in moscow with russian president vladimir putin and other officials. coordinating attacks against the islamic state is on the agenda. defense secretary ash carter is in turkey, looking for new ways the u.s. coalition can strengthen its fight against islamic state militants in iraq and syria. they're urging them to better control their border with syria to help control the group. reviewing raising interest rates for the first time since 2006. investors see an almost 80% probability of an increase. coverage starts tomorrow at 1:00 p.m. eastern. at 2:00 p.m. followed by secretary janet yellen's conference at 2:30 p.m. more on that meeting shortly. deniedimore, a judge has motions for a mistrial and change of venues as a jury deliberates in the trial of a baltimore police officer charged in the death of freddi

time now for our first word news with vonnie quinn. .s. midwest caused at least eight deaths in three states. at least 40 people were hurt. 14 tornadoes touched down in mississippi alone. the high winds wrecked houses, uprooted trees, and toss cars into the air. into -- rain a spin it wind and rain extended into arkansas, and tornadoes were spotted in indiana. at least 30 people are dead and more than 100 hurt after a fire raged through hospital before dawn today in the southwestern port city of jazan. were moved to nearby hospitals. the saudi's civil defense agency says because in so far unknown. iraq is sending more troops to fight islamic state in ramadi. this is the third day of the government's offensive to retake the city. charginguthorities are a ninth suspect in connection with the paris attacks. investigators say the man had been in contact with the suspected ringleader. police in brussels have staged a series of raids. the attacks in paris last month killed 130 people. promptsparis attacks calls to change the french constituti

here's vonnie quinn. ter turkey pot air defenses, but the alliance says it is not reacting to russia. turkey shot down a russian were plane last week, saying it violated turkish airspace. russia responded by bombing rebel held areas along the turkish border with syria. nato will send planes to turkey. john kerry is taking part in today's nato meetings in brussels, and he is scolding germany -- he is holding germany .o commit service members john kerry: in order to facilitate syrian-led negotiations for a cease-fire, and for political transition in keeping with the geneva communiques. cabinet okayed's a plan yesterday to commit 1200 troops to noncombat roles. a highway bill would revise the import-export bank for american products to be sold overseas. the highway bill must be passed by friday or agree to another temporary funding extension. the fbi says it received more requests, 5% more than black friday last year. a new study shows high school and college players may risk the same brain injuries as pro fo

at one point, no light sabers in the kitchen, vonnie quinn. vonnie: i want to know what your kids got. brendan: first word news with vonnie quinn. vonnie: in iraq, a setback for islamic state. soldiers have captured a in ramadi complex that has been held by islamic state since may. minister, since 08, has made a landmark apology for korean women, for forcing them to be sex slaves during world war ii. japan also agreed to establish an $8 million fund to compensate victims. a series of tornadoes near dallas has killed 11 people, one miles perup to 200 hour. flooding in the midwest is blamed for at least 13 deaths. missouri's government -- missouri's governor has declared a state of emergency. day, powered by 2400 journalists. a look at what is going on with s&p futures this morning, as well as the other major averages. we are seeing a decline. we have seen this correlation recently between stocks in the united states and oil prices. oil prices have been trading lower. decline.eing a 2.5% as we begin to get headlines from saudi arabia regarding th

i vonnie quinn.ly what you want to be seeing if you are trying to celebrate the new year and a few hours in st. louis. zealand, no more trading. there is trading in europe. although several markets are closed, in general stocks are down 2/10 of a percent for the 600. s&p futures suggest that maybe we can call the game for the year in the u.s. that is not a correct number for the canadian futures. they are not trading today. i put that in there and honor of erik schatzker. canada is getting hammered by oil prices. down 25% on the year in u.s. dollar terms. world stocks are a little lower. brent crude, higher today, because we broke below 37 yesterday. 36.70. the ruvell was at 74 earlier today. -- the rubel was at 74 earlier today. michael, let's start with you. are down 2% of the year. you look at asset class out -- asset class after asset class. what went wrong this year, and how do you as a money manager change that in when he 16? .ichael: i can't change it happy new year, by the way. i think it was

this is the first word news with vonnie quinn. ghanistanle in six years ago will face a military judge today. bowe bergdahl will be arraigned on charges of desertion and misbehavior before the enemy. he was held by the taliban for five years. the free him last year in exchange for five guantanamo prisoners. the army says he will face a general court-martial, and the misbehavior charge carries a penalty of life in prison. the white house is calling the killing of six u.s. soldiers in afghanistan cowardly. they were killed while on patrol . they were targeted by a suicide bomber on a motorcycle. if caliban -- the caliban claims responsibility. one was a new york police detective serving in the air national guard. members and ance american contractor were hurt. the number of americans killed in afghanistan this year to 21. a man in china will be freed. he criticized the communist party. he loses the right to practice law. the man accused of buying rifles used by the san bernardino killers -- it was ruled yesterday that in recap -- tha

here's vonnie quinn.tion that has been attacking the islamic state is about to get a new member. lawmakers are expected to approve sending more planes into syria. it is called the most dangerous to employment by chancellor angela merkel. fou years agor, they cap germany out of international intervention in libya's civil war. three men on a motorcycle through firebombs early today, and 12 people killed. authorities in egypt are investigating. aslifornia gunman h reportedly been in contact with islamic extremists according to the associated press, which quotes at u.s. intelligence officials. shorter's killed 14 people, authorities are still searching for a motive. police say they found a 12 pipe bombs at the suspect's home and more than 16 rounds of ammunition when they died in a police shootout. 30 days to review and historic decision by the pentagon. the announcement by ash carter is a review to the marine corps, which covers exemption for infantry and armored positions. in brazil, the president's allies

vonnie quinn has more from the news desk. greek and euro border authorities have launched the andch and rescue operation the agency after a boat carrying dozens of refugees sank off i went of less posts, leading to death. boats are coming to area for survivors. investigatinge two men arrested several days ago for possible links to the attacks in paris. the two were arrested in a migrant shelter. officials say the suspect arrived in europe from the middle east but refused to give further details. united nations experts say that iran has violated sanctions involving ballistic missiles. it has to do with iran launching a media range missile in october 5 the sanctions barred iran from launches capable of nuclear weapons. the launch was the first after i ran and six nuclear powers reached a landmark deal. a new poll finds majority of americans oppose banning assault weapons for the first time in more than 20 years could the agency news poll finds that 53% oppose such a ban. say that encouraging people to carry guns is a better res

vonnie quinn is here.e quinn: the first baltimore police officer will go back to court in june. william porter's trial ended with a hung jury. five other officers will go to trial. conferring that a huge china landslide. bodies were pulled from a pile of rubble. still missing. were damaged or destroyed. a man-made pile of debris triggered the landslide. i'm vonnie quinn. betty: despite intense debate over gun control, gun stocks are on a tear. they are outperforming the s&p. one firm has no palms about investing in these dark stocks. you wrote that story. this one investor. >> the london company of virginia. i had not heard of them. this portfolio. a sizable chunk of it is in stocks of company that make guns, ammunition, private prisons, funeral services, and tobacco on top. betty: they had no qualms about it. >> to the contrary. emotion came up during the reporting of the story. one of the clients and a guy who helped them get their start said a lot of people get emotional about guns. he is not going to g

vonnie quinn has more from our news desk. lice in brussels have staged a series of raids in the neighborhood with some of the paris gunman lived. the attacks in paris last month killed one hundred 30 people. americans and foreigners traveling in china are being alerted to a possible threat. the u.s. embassy in beijing has learned that westerners could be at risk during the christmas holidays. the unspecified threats centered on a popular shopping district. the british embassy has issued a similar warning. are securingements neighborhoods recaptured from isis militants. by the the third attempt government to retake the city. government forces are holding onto a key district after two ws strikes overnight drove off the television -- cws airstrikes overnight drove off the tele-band. taliban. carriers expect about 38 million passengers between now and new year's. that is an increase of about 3% from last year. in business news, bnp paribas is writing down part of its see in dell unit. france's biggest bank says it is setting aside

bloomberg first word news with vonnie quinn.th-quarter earnings, $.43 a , joy global. night,dy in debate last the candidates on stage in las vegas, all claiming president obama is weak on terrorism but little else. jeb bush: this is a tough business. donald trump: you are a tough guy, jeb. i am at 42 and you are at three. jeb.tarted off over here, you are moving over further and further. vonnie: bush was called a total disaster. he was trying to breathe life into a failed campaign. iran is charged with -- the tests came after iran and six world powers reached a deal to stop iran from building new year weapons -- from building nuclear weapons. of toronto was convicted of -- expected totle is end tomorrow with a series of congressional votes. the measure makes billions of dollars of tax cuts permanent and lifts a 40 --year-old ban on exports. the $1.1 trillion measure is 2200 pages long. to get these on other breaking stories 24 hours a day, go to the new bloomberg.com. you know what you can read after the tom: fed guidelines. --

vonnie quinn has more from our news that -- desk. vonnie: beginning with president obama issuing a challenge to the fight to slow global warming. at the yuan global climate conference today in paris, mr. obama said any deals to limit greenhouse gas should be legally binding. that could rankle some senate republicans who don't think human activity causes global warming. the president also praised the efforts of bill gates. president obama: we're not batting an air -- i. we have to invent new technologies to tackle this challenge. that kind of optimism, sense that we can do what is necessary is infectious. you tend to believe somebody like bill what he says we are going to get it done. he has done some remarkable things. the president wraps up his paris trip today. 1200 troopssending to back the fight against islamic states. parliament is expected to give it's ok by friday. the soldiers would be used in support roles, not combat. the eu says they have unveiled new aid packages to use the syrian refugee crisis. $350 million is being pump

here is vonnie quinn. officialnd an egyptian says there is no sign of terrorism so far in the october crash of a russian airliner. the nation's chief investigator reported preliminary results of the crash probe. he says there is no hint of an illegal terrorist act. the investigation is not complete. russia has said and expose of device was placed on the airliner. all 220 four people on board were killed when the plane went down in the sinai. . a big defeat for france's far right national france party. the leader helps to build on historic election results. instead, the party failed to win any regional semis and yesterday's run off. they want tougher immigration policies and france and want to leave the euro area. japan, and germany are among the 18 nations who will work together to build national carbon markets. this according to a new zealand government. those markets are designed to speed the pace of emission reductions called for under the new climate change agreement. it allows patients to cooperate pl

. -- first,eak down first where news from vonnie quinn. vonnie: the coalition that has been a attacking islamic state is about to get a new member. -- it is in germany the most dangerous deployment of forces for angela merkel, who has been in power for a decade. four years ago, she kept germany out of international intervention in libya's civil war. firebomb attack earlier today in egypt, according to news reports. firebomb a deadly attack earlier today in egypt, according to news reports. a molotov cocktail was thrown into a nightclub. police say the attackers were young men who were not able to enter the club. the california gunman, syed farook, was reportedly in contact with islamic extremists on social media. authorities are still searching for a motive a day after two shooters killed 14 people. police say they found 12 pipe bombs at the suspect's home, and the two had more than 1600 rounds of ammunition. when they died in a police shootout or you can get more on these and other breaking stories 24 hours a day at the new bloomberg.com.

we want to turn to vonnie quinn and get the latest news. a says it is innging together 74 nations an islamic military alliance to fight terrorism. it includes pakistan, turkey, and egypt. the operations center will be in riyadh. the mission is not clear yet. the saudis say every muslim country is fighting terrorism on its own. a new poll shows 42% of americans favor sending u.s. troops to fight islamic state. that is up 31% in one year. president obama says the u.s. is taking the fight to the militants with urgency. he is meeting with his national security team. he says the u.s. is focusing firepower on islamic state in syria and iraq. major tim peek of britain is carrying on britain's great tradition of exploration. he made history when he rode a russian rocket to the international space station. he will be the first to represent the european space agency on the orbiting lab. you can get more on these and other breaking stories 24 hours a day at the new bloomberg.com. i am vonnie quinn. back to london and francine. francine: let's focus on

vonnie quinn has the first word news. vonnie: a former israeli prime minister is going to prison.mert will serve 18 months instead of six years. the african nation where the ebola outbreak began is now free of the disease. one fourth of the 11,000 people killed by ebola lived there. the outbreak spread to liberia and sierra leone after starting in guinea two years ago. keep your drone away from president obama. a small drone was spotted flying near the president's motorcade in hawaii. the operator landed as he was approached by secret service agents. he said he didn't know about the motorcade and no charges were filed. i'm vonnie quinn. brendan: now let's take a look at our morning must-read courtesy of matt winkler. here's an extract. the number one stock picker in america in 2015 is no out the mail, she is the manager of the fidelity select retailing portfolio. all.ecret is no secret at how often do we have to rediscover value investing? actually we don't have to rediscover it. it's there. it has been there since the 30's. colombia finance professors started this and warren buff

vonnie quinn has more. onnie: the kremlin is not commenting on an ejection report saying there is no terrorism in the crash of a russian airliner. she says is no hint of a terrorist attack but does say the investigation is now done. a branch of islamic state claimed responsibility. down -- planewent went down on october 31. a bus crash in argentina killed 41 police officers. the bus went off of a bridge and plunged 65 feet into a ravine. 19 people were rescued. the -- creditors will counsel 8.5 billion dollars over new interest in exchange for cuba's promise over the next 18 years. 18 nations will try to speed up the pace of a mission in the new climate change deal. the u.s., germany, and japan are among those developing the carbon market. making it the world's largest. and serena williams is sports illustrated sports person of the year. the tennis superstar is honored on her own by the magazine in 27 years, the first one to ever done that. including the australian open, twoch open, she came within matches o

let's get to an first word news with vonnie quinn. aring is set monday for the man who bought the rifles used in the san bernardino attack. ofrique marquez is accused helping the terrorists. farouk and his wife killed 14 people and were killed with a shut in a shootout with police. the u.s. security council -- finance ministers voted to impose travel bans and asset freezes on companies and individuals that fund the terror group. carter orders the navy to spend more money on planes and fewer navy ships. carter also wants more missiles and improved warfare capability. some monuments to the confederacy will be taken down in new orleans. the city council voted to remove civil war statues, including one of robert e lee that has stood for over 131 years. the mayor signed the order. you can get more on these and other breaking stories at bloomberg.com. it was extremely talked about down there. tom: how was the food? it is to die for. vonnie: it is amazing. pecan or pe-con? a price change. i will let them explain this. oil cannot find a bit. t

now, let's go to vonnie quinn. vonnie: thank you.fter two airstrikes overnight. crews are fighting the taliban. the militants had the soldiers surrounded until reinforcements arrived. the u.s. embassy in beijing says it has received a threat against westerners in china. a british and french embassies have issued similar warnings. are using their biggest planes to cope with holiday travelers. 38 million passengers between now and new year's. that is 3% more than last year. bloomberg news. i am vonnie quinn. i'm sorry. i'm guilty. gave me time to build an index. let's look at the time of oil. it is a little bit of a volatile morning. 5:30-6:00, we came down but now we are back up. $37.76. take a look at the 40 chart for crude. -- at the four day chart for crude. we were excited when we got to $34, but $33 didn't happen. take a look at nasdaq, even though it is 70 degrees today, natural gas above two dollars right now. i am building an index on the terminal that gives great returns for any index. i was looking at energy over the past fo

i am vonnie quinn.ty: still to come, it has been a long, winding road, but for the first time, tonight, the beatles will hit streaming services like apple music and ify.fy -- spot how will that change the music industry? ♪ carol: you are listening to the bloomberg advantage. i am carol massar. cory johnson is off on this wednesday. --want to talk about our about the energy space, the worst performing industry group. us for aickman joins little bit more on the -- stuart glickman joins us for a little bit more on the energy space. if you love it all together, it has been a tough year. the whole group down, but the big majors took the brunt of the hit, if you will. glickman: yeah, it has been a year a lot of the energy companies would just as soon forget. a lot of the producers are taking it on the chen, mainly because crude oil has been decimated so badly, but it has been almost across the board. in fact, every sub industry in energy, except for the refiners, is in negative territory this year. carol: wha

how about we get to some first word news with vonnie quinn. nnie: thank you. -- tog an end to serious syria's war, the talks will begin next month. the talks don't mention the syrian president, western power wants about but the russian power back him. the international organization for migration is saying that the total is four times higher than oft year, for fifth --4/5 them arrive by c. encourages the private sector to offer humanitarian aid. ted cruz is gaining on donald trump in the race. he is four percentage points behind. their rivals are far back from them. voting starts six weeks from now in iowa. brees.ilestone for drew he has given 60,000 career yards, more than four miles. that is your first word update. matt: taking a look at the index futures, you can see not a lot of movement this morning. if you look at what happened overnight in asian stocks, we had a little bit of a lift after the chinese talked about new stimulus, wider fiscal deficit and more underpinning of the housing market. we have more green on the screen and read. this

we will have the first word with vonnie quinn. nnie: john kerry is in moscow trying to resolve differences with russia over syria and ukraine. he met with russia's foreign minister. he will meet with vladimir putin later. the u.s. and its allies say they are targeting rebels opposed to syrian president bashir al-assad. arabia says it has formed an islamic military alliance to fight terrorism. 34 coalition includes nations including pakistan, turkey, and egypt. say every muslim country is already fighting terrorism on an individual basis. republican presidential candidates debate tonight in las vegas. ted cruz is now in the lead in iowa. he and donald trump have been friendly for months, but now that he has the lead, trump may be more aggressive towards him tonight. you can get more and these on other stories at bloomberg.com. rami: u.s. futures are up this morning. numbers, s&pe futures and the dow jones futures are up .8%. we saw the markets do a little surprise rise yesterday to close higher after oil rallied. today and tomorrow

stephanie: how about we get you news with vonnie quinn. vonnie: thank you.rom president obama about his trip to paris. he met with other leaders against the fight against islamic states. in a few minutes, president obama will hold a news conference and you can watch it on bloomberg tv. in beijing, the solution of the year where some parents keep their children at home. attendance was optional today. meanwhile, city officials in beijing imposed limits on factory outputs. investigators in indonesia blame the crash of an air asia flight last year on a malfunction and pilot error. airbus a320 crashed in the sea, killing all 162 people on board. they say the pilots wrestled each other for control of the plane as they tried to find out an electronic system failure. we had these and other breaking stories 24 hours a day at bloomberg.com. david: just to be clear, we have 825 on the full screen, but now we are told the president may be speaking earlier. in the meantime, it has been a tough quarter for one of europe's fund managers. they saw more than $19 billion out

tom: let's get to vonnie quinn. banca -- vonnie: post numbers.bout the weaker economic data we have seen in the last month? pmi's for example. 2017 --ession goals for the recession goals for 2017? erik: we are coming into an election year in the states. the service numbers were good still. into they about midway recovery. you can roll for a year or two more in the states. monica does this bring uncertainty to the markets and election-year? does this bring uncertainty to the markets, and election-year? no.: tom: spheres of interest. tell me about the economic spheres of interest. we make light of the divergence of draghi, yellen, carney. erik: we are close to the worst spot we can be in where -- because central banks do not cooperate in a time when they are starting to mess around with the one effect they should cooperate on, the exchange rate. in your, we are worse off because essential banks don't seem to coordinate with the fiscal authorities. we talked about it early on, in germany you have negative rates way out of the curve. the government s

let's check in on the first word news with the vonnie quinn. vonnie: thank you and good morning to u.s. diplomats are talking with all the role hours in new york about how to end the syrian civil war. they are debating a plane for political transition. it does not mention a removal of bashar al-assad. rights --o bought the rifles in the san bernardino attack is accused of helping terrorists. atique marquez is being held the moment until his hearing on monday. he purchased the rifles that were used in the san bernardino attack. president obama holds his end of the year news conference today. to reporters before leaving to his annual vacation in hawaii. along the way, he will stop in san bernardino, california to meet with the families of the victims in that attack. you can watch the news conference at 1:00 eastern time. the house has passed a $1.4 trillion spending deal to fund government through september. this also ends the ban on oil exports. senators are expected to vote on the measure in combination with a year and tax plan which would give

vonnie quinn has more. vonnie: good morning and thank you. a tent arrest related to the paris terrorist attack. arrested yesterday in the brussels neighborhood were some of the attackers lived. he's accused of terrorist murder and taking part in the activities of a terroristic group. authorities say about 10 cell phones received during a search are being examined. russia has begun a major modernization of its maybe according to u.s. naval intelligence. russia will expand appointment of its most advanced cruise missiles so they can be used for attacks at land and sea. officials say that will change destroyian's maybe to -- the russian navy to destroy targets. a record influx of refugees to the nation's advantage. encouragedel citizens to reject hatemongering. half of the asylum-seekers are fleeing -- are seeking it is a matter of course that we are open with people who are seeking refuge with us. there has seldom been a year it that we have been challenged to follow up words with deeds. vonnie: she thanks germany for helping syrian refugees. b

vonnie quinn has more. you are monitoring the situation and l.a. vonnie: yes, thank you. they are telling the associated loss that the threats at angeles school district was e-mailed to a board member and appeared to come from overseas. they have 640,000 students and kindergartners through 12th grade and northern 900 schools. -- and more than 900 schools. >> it was not one school, to schools, three schools. it was for many schools, not specifically identified, but there were many schools. that is the reason i took the action that i did. vonnie: school officials say they decided to close the schools out of what they call an abundance of caution. police will search for schools and parents are being told to keep children at home. new york officials received the same threat that led to the closure of all the schools in the los angeles system and new york concluded it was a hoax. ashton carter is in turkey, looking for new ways they could strengthen the fight against islamic militants in iraq and syria. carter wants turkey to control their border with syria. republican preside

vonnie quinn has more from the is desk. hasie: the u.s.senate rejected a bill calling for background checks on those buying weapons online and at gun shows. this comes one day after 14 people died at the san bernardino massacre. authorities are looking for a man who bought the two rifles used in the attacks. the weapons were all bought legally more than three years ago. the u.s. has launched a major effort to track down and kill a leader of the islamic state. that is according to an obama administration official who says that he has gone into hiding. the official says that at the current pace, the u.s. is killing a mid to high level islamic state leader every two days. germany is joining the fight against the islamic state. planarliament approved a to send surveillance planes and 1200 troops into syria. used onlyrs will be in support roles, but is still the riskiest use of force yet by angela merkel. she kept germany out of libya's civil war. progress in the fight against pollution. cities and companies have pleaded to cut and mission. the

before we get there, let's europe to speed on the news with vonnie quinn. sing to pay damages for shooting down the russian fighter bomber. the russian diplomat said the country should be compensated. turkey said it violated their airspace and one of the two fires was killed. executions in the u.s. this year fell to the lowest level since 1991. a nonprofit that opposes capital punishment says 28 inmates were put to death up to date and that because 98 was set back in 1999. executions are allowed in 31 states but only six conducted them this year. a milestone date for the federal reserve. they have kept interest rates at zero for seven years and not raising 49. they are widely expected to make a move today. liveage has started, but coverage starts at 1:00 eastern, followed by decisions at 2:00 and janet yellen's conference at 2:30 eastern. you can get these stories and more at the new bloomberg.com. ramey: u.s. futures in the green. up by moreures are than 1% and the dow jones up by about .6 of 1% and the nasdaq not too far behind. all of this green you are s

let's go to vonnie quinn with first word news. ted cruz has taken a double-digit lead in iowa, where the first republican caucus will be held february 1. a poll says that he leads donald to 21%.% -- 31% to 21%. in the area of voters without a college degree. a statement out today indicates that this is not a final conclusion of investigators in a downed crash -- in a downed plane. concern that the crash was caused by terrorism led to the evacuation of thousands of tourists from egypt. and 18 nations will try to speed up the pace of emissions reductions under the new climate change deal. they have developed international carbon markets. among those taking part, the u.s., germany and japan. china lands to create the world's largest carbon market by 2017. more on these and other breaking stories on a four hours today at the new bloomberg.com. ramy inocencio has more on the markets. ramy: u.s. futures are mixed. the dow as what -- at one point was as high as 75 points, but now it is into the negative. this is after we saw markets clos

erik: here's vonnie quinn with the first word. e taking no chances on new year's eve. according to the telegraph newspaper come all 2000 london police officers will be on duty. at the paper says an intelligence agency warned that islamic terrorists may be planning attacks in the city. u.s. has vowed to impose sanctions on those involved with iran's missile programs. no word on who will be targeted are what the sanctions involved. more than 8.5 million people have signed up for individual health plans to the affordable care act. renewed upr coverage from a year ago. the u.s. has estimated nearly 10 million people will be enrolled in aca plans by the end of 2016. julie: i'm going to start with oil. we have seen some declines in oil capping off what has been a terrible year for crude. we see it down about three quarters of 1%. we have this downward, still mysterious. yesterday we got an unexpected build in weekly inventory number in the u.s. so that put pressure on oil prices. currencies this morning, a mixed picture for the dollar. w

this morning, vonnie quinn has more from our news desk. vonnie: nato will bolster turkey bus air defenses of the alliance says it is not reacting to russia. turkey's shot down a russian war airplane. russia responded by bombing rebel held areas along the turkish order with syria. nato will send british planes to a base in turkey. john kerry is taking part in today's nato meeting in brussels. >> every alliance member expressed clear backing for the efforts of the international serious support group. -- syria support group in order to negotiate -- facilitate syrian led political transition in keeping with the geneva communiques. vonnie: a plan to commit 1200 troops to noncombat roles. nato's plan to add a member is angering russia. metilingual -- john kerry the deputy prime minister. russia sees nato expansion as a threat. president putin spokesman says retaliation will be considered. escrowht house is bulk white house is bulking up the price for shutting guantanamo bay. the plan to build a replacement in the u.s.. 107 prisoners are still bei

first word, vonnie quinn. authorities in belgium today say five people are being detained in connection to the paris attacks. police in brussels conducted raids for two dates. that for two days. 130 people were linked to boldin. made an emergency landing yesterday in kenya after a fake bomb was found in the bathroom on an airliner. the airline ceo says security has been tightened worldwide since the paris attacks last month. authorities in china say a man may pile of construction have triggered a huge landslide. construction waste. newly three dozen buildings in the city of shenzhen. you can get more on these stories at bloomberg.com. the markets now with matt miller. matt: we see gains in futures right now. the s&p evening contract up 18 points. the dow jones of hundred 28 point stocks are coming off their worst two-day drop in three months. rebound today, and we have seen it in europe as well. take a look at my terminal. i am going to show you what is going on this month. in december we saw more than a 3% dr

meantime, let's check the first word news with vonnie quinn. voters in spain's parliamentary elections put the country's political future in doubt. that uncertainty is rattling the bond markets. tom mackenzie is with us from madrid. investors are expecting this to be an uncertain election. all the polls pointed to that. no one expected it to be quite as fragmented as we got. you are seeing that in the bond markets, the yield is up, selling off all day. 2.5%.ex is down that is because investors were hoping the ruling party, the ,arty of prime minister rajoy would form a coalition with the pro-market citizens. that looks very unlikely now. the prime minister's future is in doubt as well with rival parties saying they will not support him. here is the timeline. horse trading stocks between the political parties on the ground here in spain. herery 13, lawmakers come and they have two months to form a government. if that does not happen, fresh elections. vonnie: thank you. that is the first word news right now. for more, go to bloomberg.com. betty:

i am vonnie quinn. >> much more ahead in the next half hour of bloomberg television, saudi arabia beingthat saudi arabia being squeezed. crude is down about 30% so far , dragging down oil producing but also profits back home. those stories and much more coming up. >> you listening to the bloomberg advantage. i want to talk about the markets on this monday. also what is going on in the world of economics. we want to welcome everybody to .loomberg radio covering the equity side of things. on the economic side of things is our own michael mckee of bloomberg surveillance, bloomberg television. >>ht week for economic news? and of thenumbers, month look at spending. everybody is gone this week. nobody has to wake up and look at the numbers. so far so good. to me about the equity markets, it was a pretty bullish week last week, a different government and tone on this monday. >> it seems like the markets are taking a bit of a breather. it was a decent week and at like that and like mike said, the markets are down 70 basis points now. seeing weakness across .ll 10 major industry groups this is m

stephanie: vonnie quinn, what do you have? vonnie: ukraine has set the stage for a big legal battle with russia. ukraine defaulted on a $3 billion bond payment due to russia on sunday. last week russia said it would take ukraine to court if it missed the payment. investors were caught off guard when the bank of japan tweaked its monetary stimulus. the central bank is extending the duration of bonds to buy. japanese stocks rose as much as 2% on the news, and the yen fell tremendously to, those moves evaporated and reversed. the yen strength and russia let another international conference , and continue to lead one today on new -- in new york on syria. the agreement said nothing about a sharp al-assad's future. russia wants him in power, the west wants him out. that is your first word. now to markets with matt miller. matt: oil is really an amazing story again today. take a look at crude. just about 20 or 30 minutes ago, we saw oil come smashing down through the 35 handle, right now trading at 34.46 per barrel. this.are two reaso