High. We will get the view from Goldman Sachs. There are record deliveries for airbus. We will speak to the ceos of both companies this morning. Matt remember how inflation scared markets into a massive selloff a couple of weeks ago . Yesterday we got the strongest month over month cpi numbers 12 12 years anders in u. S. Stocks rallied. You saw a spike in treasury yields. Take a look at the 10 year here. You can see just a massive yields. In treasury the yield has gone up, as investors sell the debt. That makes sense if you expect more increases from the federal reserve. The question is, what happened to stocks . Guy i dont think that you or i could even bother to explain. The yen is really strongly bid, so the dollar continues to go down. The strong concerns see currency out of japan does not seem to be bothering the authorities. Kei wask kind nic also trading higher. Is big this morning, gasoline is also. With parsing a bid we are seeing a bid coming through on some of the muscles. W
Adequately supportive of that traditional ally. People look at the arab spring which has developed into something unsparing like. The question is how much did an american president have to do with that . What can an american president do in response to that . Those are legitimate questions and they are questions you can be sure historians will be debating for a very long time to come. But that in a curious way goes back to my point, like him or dislike him, whatever, the fact that barack obama, and whatever his legacy is will engage the interest and attention the support and hostility of historians and others for a long time to come only testifies to the significance of his presidency and the magnitude of what he has attempted. Richard norton smith is our guest talking about the reporting after the president s win on the trade bills and also the relation ship with the Supreme Court on samesex marriage and their reporting that this was his best week ever. We are discussing his legacy. Y
Lyndon johnson 70 white house and listen to people outside and listened to people outside ask how many kids did you kill today . It doesnt get more divisive than that. It has become unfortunately, the norm. I think we should ask ourselves some tough questions about how we got to this point, and why there is such a bipartisan distrust, not only towards government and People Associated with government, but whoever happens to occupy the presidency. The whole industry of this country, there are networks on the right and left that thrive on the basis of denigrating whoever happens to have that job. It is a Significant Development that say, ronald reagan, who could go on tv and summon thousands of people to make phone calls to southern democrats to pass his budget. Those are no longer available to an american president. The caller has talked about this president being different. Part of that is responding to the different media environments. It is not your grandfathers presidency. The bully
With him. Our two reporters will be asking questions. Rachael of politico. And daniel. Daniel your first. Daniel as we mentioned, the process seemed stalled. It has been widely reported that an amendment was brought up i democrats, three amendments in fact. Can you just take us inside what happened on tuesday night through the end of that week, when the interior appropriations bill was pulled from the floor . Rep. Rogers the amendments that the democrats offered caused a number of our members to declare that they did not support the bill on fast passage. The bill was removed from the floor. It is too bad because it is a great bill. The interior appropriations bill did so many great things. It held back the epa us wild rampage towards regulating everything, among other things. Its a good bill. Its too bad we had to remove it from the floor, but i hope we can force it back. The provisions that bill will be able to be incorporated sometime this fall. Daniel im sorry. It sounds to me like
Welcome to bbc news. Thousands of people have had to be rescued in and around the us city of houston, as waters continue to rise in the wake of Hurricane Harvey. The areas expected to have received a years rainfall within a week. Helicopters have plucked victims from rooftops, as roads have been turned into rivers. And the flooding, already described as catastrophic in texas, is not only expected to get worse, its also expected to spread with concerns now for neighbouring louisiana. Lets crossed now to our correspondent, Laura Trevelyan, he was at the grange, in texas, in houston. Welcome to la grange. This isa houston. Welcome to la grange. This is a small tax on town of 500 people. Many homes have been evacuated. There is extensive, catastrophic, devastating flooding. The Colorado River, we can land, by the way, has broken its banks and is just about peaking at 55 feet. Normally the river level is about eight feet. Flooding level is 2a feet. More than double the normal flooding level