The General Assembly for the very act of exercising our right as a sovereign nation. The u. S. Ambassador to the u. N. Lashes out at nations that reject americas recognition of jerusalem as israels capital. And im norah kyle this is al jazeera live from doha also coming up. As wanting to break from spain claim victory in catalonia Regional Elections. Perus president survives Congress Votes against impeaching him over corruption allegations. And a mystery one hundred years old solved a strain is first Naval Submarine discovered in the oceans deep. United nations General Assembly has overwhelmingly adopt said the resolution rejecting president Donald Trumps recognition of jerusalem as the capital of israel defying u. S. Threats of aid cuts one hundred and twenty eight countries voted for the nonbinding resolution thirty five abstained the Nine Countries that sided with america israel guatemala honduras muslins micronesia narrow. And the u. S. President was asked for his reaction to the d
For a conversation on Monetary Policy and the possibility of inflation in the u. S. Economy. Former Federal Reserve chair bernanke and Larry Summers speaking. Live coverage just getting underway. Will undoubted lly weighing. Thats the fun. We think that the question of rethinking the two Percent Inflation target is one of the most important questions facing Monetary Policy makers at the moment. You might say the backward looking question that we need to think about which we are thinking about is how did unconventional policy really work and should unconventional policy really be considered conventional policy. We look forward i think you have to argue that one of the biggest questions now is whether given everything we know whether a two Percent Inflation target framework is the right one for Monetary Policy. After all, when it was conceived nobody anticipated we would have so many years of trying to get inflation up to two percent and nor did we think that the long run equilibrium Int
Monetary policy. This is part of a conference on inflation hosted by the Brookings Institution center on fiscal and Monetary Policy. Its about an hour. And then were going to move to the next segment, which is really important, because it seems to me that theres a question not only about what we should do, but how we should get there. And it may that be we have something to learn from the canadian experience. So i want to introduce john david murray, who was, for 32 years at bank of canada, 32 or 34, john . 4 years at the bank of canada. Last four as deputy governor. He retired three years ago and is now an academic and a board member. Hes going to talk a little bit about how the bank of canada has come to have a much more organized process about reviewing the framework. And then the president of the Federal Reserve bank of boston, who has been thinking about just that question, is going to respond. So, john . Is this mic on . Thank you. There should be a power point that accompanies t
Eurodollar, 1. 20 two. A lot of the conversations today will focus on the dollar. Im looking at gold for a second day, down a touch. Coming up on bloomberg surveillance, we talked doing business in italy and natural gas. Later on, we also speak with margaret from the World Economic forum. She joins us to talk global risks. Plus, janet henry talks trumps first year with us. She the global chief economist there. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra the u. S. Secretary of state offered a sobering assessment about the possibility of war with north korea. Madeillerson said advances the situation very tenuous. He was speaking in vancouver, where top diplomats gathered to explore new ways to enforce sanctions. North koreans know our channels are open, and they know where to find us. But a sustained cessation of threatening behavior is necessary indicator of whether the regime is truly ready to pursue a peaceful diplomatic resolution to the Security Threat it has
The last fewave minutes of this and take you live to washington or the role of congress in renegotiating the north American Free trade agreement. This is from John Hopkins School of international studies. [captions Copyright National cable satellite corp. 2017] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] nafta is significant because it is a copy hats of trade agreement comprehensive trade agreement and it is this template and model for the the unitednt that states negotiated, and it served as a template for certain provisions and bilateral trade negotiations. As soon as this year, congress will decide on what legislation to consider and amend on nafta. The will also consider ramifications of negotiating or withdrawn from nafta and how it would affect the u. S. Economy and Foreign Relations with partners, mexico and canada. Ande concerned Economic Leadership in the region, seat as a wherewithal