[inaudible conversations] okay. All right. Hello. Are we on . Hi, guys. Welcome to sunday morning at the texas book festival. Does anybody know what time it is . And how awesome was that extra hour we all got this morning. Lets applaud the extra hours. Im going to officially welcome you to the 22nd annual book festival. Thank you for coming out to support the authors, the still and great literature. First off, please silence your cell phones. Ill silence my phone while you silence yours. Well have a book sinning after the session 0, so arm that both of the authors are going to go back to the booksigning tent and sign books, hopefully youll pick some up as the book people tent before that. When you buy book at the stifle, the festival, youre supporting the author, the festival, and the local independent book store. The mission is to support libraries in texas. And the reading rock Stars Program and to fund grants for libraries in texas. Your book purchase makes a difference and for the
Oppose him we will have reaction from our correspondents in washington and jerusalem also coming up catalonia as crucial election leaders of the main regional parties have cast their ballots in a vote that is testing the regions appetite for independence and no evidence of links to terror groups and police say that a tribe or intentionally crashed his car into pedestrians in melbourne but his motive remains unclear. Plus the face of a childhood that no child should have to endure five year old zahra is a syrian girl and a refugee this image of her has just been named unicefs photo of the year in a competition dominated by the migration crisis. Im sara kelly welcome to the program. Thanks for joining us the United Nations General Assembly has overwhelmingly passed a resolution asking the United States to withdraw its decision to recognized as the capital of israel at an emergency session on thursday one hundred twenty eight of the one hundred ninety three Member States voted in favor of
In sport, theres a festive feast at the emirates. Three goals in five minutes for arsenal, but its not enough as liverpool strike back to earn a draw in a cracker to kick off the christmas fixtures. One of the worlds rarest pigs, caught on camera scientists thought the javan warty had been driven to extinction. Well hear how its now been rediscovered. And matt has the weather. Good morning, another incredibly mild state across the uk, fairly grey for many at the risk colder air getting closer. While it arrive in time for Christmas Day . Yourfull forecast is coming up. We look forward to finding out, thank you, matt. Good morning. First, our main story a former us marine has been arrested on suspicion of planning a terror attack in San Francisco on Christmas Day. Everitt Aaron Jameson was held after allegedly discussing the plot with undercover fbi agents. Our north america correspondent peter bowes reports. One of San Franciscos most popular tourist attractions, pier 39, packed with sh
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
Decline in the open and s p in 18 best start in 30 years. Buffett on the market, succession planning at berkshire, stocks not richly valued and remains a buyer but not of bitcoin. Tech under fire a powerful gop senator demanding answers from apple good battery gate the s p is off to the best start since 87 and buffett says markets are not richly valued according to rates and what he told becky a few moments ago. What has happened in the market has been very sensible. Nobody thought we would have these kind of Interest Rates for a long time. Additionally you have the tax act which is a huge factor in valuation. Says the Interest Rates are the gravity to value and munger chiming in saying share prices are not crazy. Point blank tell you, this was becky quick, congratulations, unbelievable interview. You sit there and what you get are people who know more than anyone else alive and they are saying, look, theres some interesting things and lets not go crazy, just because Interest Rates go