In our news wrap Monday, a winter storm departed the South after dumping heavy snow and killing at least three people. More than a foot of snow fell in parts of North Carolina, causing widespread power outages and fears of potential flooding. Also, 164 countries signed a non-binding resolution intended to ensure safe movement for migrants. It came after two years of negotiation among UN members.
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The leaders of Britain and France find themselves under severe political pressure tonight.
French President Emmanuel Macron promised lower taxes and a higher minimum wage today, in a bid to quell violence in Paris. And British Prime Minister Theresa May postponed a vote on a Brexit deal to leave the European Union. It faced near certain defeat. We will have a detailed look after the news summary.
In the day's other news: Wall Street fell sharply in the morning, but fought back in the afternoon. Doubts about the Brexit deal, plus U.S. trade tensions with China fueled the initial losses. The Dow Jones industrial average dropped 500 points before finishing ahead 34 points to close at 24423. The Nasdaq rose 51 points. And the S&P 500 added four.
A major winter storm moved out of the Deep South today after dumping heavy snow and killing at least three people. Some of the worst-hit, North Carolina, dropping a foot of snow and causing widespread power outages. Streets and highways in the state were empty over the weekend.
Governor Roy Cooper warned today of flooding still to come.
Gov. Roy Cooper, R-N.C.:
This storm dropped staggering amounts of snow, ice and rain across our state. A year's worth of snowfall or more fell in some places in little more than a day.
The overall storm system stretched from Texas to Richmond, Virginia.
A U.N. climate conference in Poland has entered its second and final week, with pressure growing for action. About a hundred protesters disrupted a U.S.-sponsored panel on fossil fuel today. They demanded that the Trump administration do more to combat global warming.
On Saturday, the U.S., along with Russia, Saudi Arabia and Kuwait, blocked endorsement of a major scientific report on climate change.
Some 164 countries signed a non-binding migration pact today aimed at ensuring safe movement for migrants around the world. The deal caps two years of deliberations among members of the United Nations.
In Marrakesh, Morocco, the U.N.'s secretary-general warned against demonizing migrants.
All human beings must have their human rights respected and their dignity upheld. To deny this and to vilify any group of people is the road to dehumanization and horror. We must not succumb to fear or false narratives.
The United States led a group of other Western countries that rejected the agreement.
Back in this country, President Trump today defended hush money payments to women who say they had affairs with him. His former attorney Michael Cohen claims that Mr. Trump directed the payments ahead of the 2016 election. That could violate campaign finance law.
On Twitter today, the president called it — quote — "a simple private transaction" and not a campaign contribution. We will look at all of this later in the program.
And a Russian woman accused of being a covert agent is now expected to plead guilty. Maria Butina will appear in federal court on Wednesday. She previously pleaded not guilty to conspiracy and acting as an unregistered Russian agent. Butina allegedly tried to infiltrate the National Rifle Association and to influence U.S. policy towards Russia.