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Imus in the morning.
On the -- Good morning everyone president Obama's making comments on the devastating tornadoes in Missouri from London this morning.
Take a listen to what he had to -- Like all Americans we have been monitoring.
Of what's been taking place.
Very closely and have been -- -- broken by the images that we've seen.
In Joplin Missouri in particular.
The president will go there Sunday to see the damage from the tornadoes at least 116.
People have been killed -- result of the tornado.
Making it the deadliest since 1947.
Now let's get the latest on weather in Missouri and elsewhere for meteorologist Maria Molina and the Fox Business weather -- -- Maria.
Hide and unfortunately the danger is not over again and we actually have had a high -- issued for today for severe weather.
Across the states of Kansas and Oklahoma making it the only the fourth.
Hi -- issued this year so far so this is very dangerous everyone out here needs to keep an eye on this.
Throughout the day today's specially during the afternoon hours when he senators from really begin.
To fire up.
And it's also slight risk to see severe weather from Texas up in -- Parts of the state of Maine so we're looking at a race for large -- strong winds and tornadoes possible and that high risk area and Kansas and Oklahoma they could be particularly violent and also long track.
The other problem is there's a lot of moisture with these storms to watch out for flooding possible -- -- areas.
Flash flood warnings already issued -- across.
Parts of southwest in Missouri including the city of Joplin -- -- in use things look like -- me get a little worse out here.
Thanks Maria meanwhile the president did take time out of his schedule to comment on the tornadoes this morning he still has a busy day planned in London.
Fox Business is rich Edson is traveling with the president and joins us now -- rich what's on the agenda.
Good morning Diane from a windy Dublin to less windy London President Obama has arrived here Buckingham Palace.
This is where the head of state visit today from President Obama he will be with some government.
Folks here today but that's mostly focused for tomorrow as he meets with the royal family today.
It seems as -- the economic news continues to follow President Obama at least here in Europe you've got to -- UK.
Banks downgraded by moody or or actually put on review for downgrade by Moody's and that includes Lloyd's in the royal bank of Scotland's Moody's basically -- because of the coming withdrawal of government stimulus they are putting them on review this is also following news out of Greece Belgium and Italy.
-- sovereign debt problems there and they're making their way through international markets they will talk the economy.
Here in line did -- prime minister David Cameron and President Obama.
Writing in op Ed this morning to joint op Ed this morning which they did speak about the economy and they say we are two different countries.
But our destination must be the same strong and stable growth.
Reduce deficits reform of our financial systems governments do not create jobs bolts people and innovative businesses do you.
Now here in the United Kingdom a bit of a different approach -- to -- deficits they've already implemented austerity measures to five year plan to get the budget deficit.
Down from 11% of GDP in 2010 to 1%.
It is sell off they're higher now.
London was up Paris was up and Germany was also -- last we checked.
And Moody's chief credit officer is making comments about Greece this morning saying it.
And would impact all of Europe.
Moody's also putting fourteen UK banks on review for possible downgrades.
Over the US futures are also pointing to -- -- features currently -- 29 points the NASDAQ up five points S&P up almost four.
According to a new report it turned out some of the companies that received stimulus money haven't paid their taxes Robert -- in our newsroom with the details of the report.
Robert that I had to do to get some stimulus money -- not pay my taxes.
Apparently so NN all the better if it do you have a pattern of doing so -- apparently many of these the lion's share of the -- general accountability office's study.
How owed taxes going all the way back before 2003.
So you're looking at 3700 firms in the study they conducted they were looking at the folks Britain primarily government contractors non profits.
Receive 124 billion dollars in stimulus money they owe a combined 757.
Million bucks in back taxes.
For fiscal year 2009.
According to this study now that's about 6% of forties analyze the GAO -- sort of I extrapolated that -- they said they looked at all lady tells authorities were examined.
There would be some 909 million bucks owed in back taxes here -- a -- over some names in cases to the IRS -- -- including.
Well when firm that took a million bucks they almost 0400000.
Dollars in back taxes.
That's not quite a tax bill if you will back you.
I'll take that deal any day.
Taking a look at commodities now oil gold and silver are all up oil around 99 dollars a barrel Imus in the morning continues right now on Fox Business -- -- from.
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