Costs for them the russians want to do it because it means profits and money for them great so 2 countries agree on this and the United States decides no we cant have this because they claim that this would somehow in danger to the Energy Independence of germany it would endanger europe in fact by pompei of the secretary of state is using this act essentially called the peace other protecting Europes Energy Security act of 2019 to justify why the u. S. Is placing same sions on germany and russia in order to try to block this pipeline as you said they already stopped a Swiss Company from being involved in it who quit the project with a very small amount left 93 percent of this pipeline is now constructed but the u. S. Doesnt want to leave it alone they want to stay involved and they want to literally force their will on these 2 sovereign nations who should have the right and the sovereignty to be able to say we want to be able to pursue this pipeline its in our best interest and the u.
In washington coming up the rate in new unemployment claims may be leveling off but congress and the white house look to be stocked yet again on a stimulus plan and the pressures continue to rise across the globe due to the pandemic swine flu and unpredictable weather well tell you what this could mean for those who are already struggling to get enough to we have a lot to get through to a lot of markets. We begin today with jobless claims as u. S. Unemployment fell just slightly for the week ending on october 3rd to a fresh pandemic low the u. S. Labor department reported initial jobless claims at 840000 worse than expected showing the labor market is still experiencing a slow recovery while the economy is still growing its been a gradual comeback as concerns rise over another wave of layoffs without another federal relief package still some 25500000 americans are collecting some sort of benefits so for more on this and the overall state of the economy and markets we bring in boom bust
This is the one business show you cant afford to miss im sorry montevideo brainwashing and coming up Global Markets are reacting to buying rather trump health is improving in his tweet just hours ago as well as hoped for more stimulus we have a panel standing by Airline Industry hoping for another stimulus bailout but will the industry boost passenger confidence after administering rapid covert 19 tests have a lot to get to our. Internal documents reviewed by bloomberg show exxon mobil is planning to increase annual Carbon Dioxide emissions the documents revealed exxons output will be the size of the entire country of greece in a statement exxon said these projections are an early assessment that does not include additional mitigation and abatement measures that would have been considered as the next step in the process adding the same planning document illustrates how we have been successful in mitigating emissions in the past this comes as rivals b. P. P. L. C. And Royal Dutch Shell
This is the bus the one business show you cant afford to miss im sorry monteith theyre going to washington coming up president ial candidates joe biden and donald trump take the stage one last time before the election will discuss their plans and what it could mean for you at home with our teeth and claws we released its latest mobile device but it may be the last one for a while thats because u. S. Sanctions have the chinese Film Producer in chip french we have a lot to get. A big day for the u. K. And brags that as the country signed its 1st large post bags that agreement with japan Japanese Foreign minister said it is paramount to maintain the supply chain. In between the u. K. And the e. U. While British International trade secretary list truss called the agreement a landmark stating it is to be in the land of the rising sun to welcome in the dawn of a new era of free trade this is the 1st new free trade deal to be agreed since the u. K. Once again became an independent trading nat
This is your weekly Global Market walk where were starting in russia where the molex is up this week Russia Central Bank kept rates at 4. 25 percent as it doesnt see a need for special intervention at this time the ruble strengthened against the dollar at weeks close moving to asian markets the shanghai composite is in the red losing more than one percent on friday alone it declined earlier week on news that g. D. P. Grew by 4. 9 percent in the 3rd quarter year over year compared to the expected 5. 2 percent in hong kong the hong saying is in the green for the 4th straight week up about half a percent on friday while companies petro china and seen opec really help those gains in japan were seeing another red arrow here the government says the economy remains an 8th of. Dear situation this is obviously due to the pandemic but its showing some signs of growth in india the sun sex is up on the week its showing some pretty strong earnings 7 of the 14 nifty 50 Companies Reported Higher Expe