So that is pretty evenly split, actually. Theres certainly quite a lot of recognition that Central Banks need to think about new toolkits. We are going to go to some questions now, but if you want. O use the platform to submit i think larry gave an excellent description of what the core problem is that the developed world faces, that there is a glut of saving and a , and it of investment really means that we have to have fiscal policy, structural policy, and things other than. Ust relying on Central Banks i think Central Banks need to do what can come about they can. Adopting a system called flexible average inflation targeting, i think this is an appropriate change. Somewhat improve the scope of Monetary Policy to show that shortterm Interest Rates are often constrained by the effect of lower bound. I think it is helpful in preventing a cycle of falling inflation feeding falling inflation expectations, but i strongly believe Central Banks need to be independent and need to do everythi
And desperate for help hundreds of thousands of people are affected by flooding in sudan. Thank you very much for joining us we begin with breaking news in afghanistans Vice President has survived what appears to have been an assassination attempt at least 6 people were killed when his convoy was bombed in kabul the former intelligence chief is one of the most targeted men in afghanistan and has escaped several attempts on his life a short time after the blast he post said this video goes lot after work about it for i want to assure you in a message that im following unsafe but some of my security guards injured and they are in hospital i do not know about because you are to use about 0 people and once again im sorry about this i dont want to thank all of those who sin the messages about my health i want to thank all the Security Forces were fighting against terrorism and theyre acting as a shield to face these terrorist attacks and im proud of them they saw speak to producer in kabul
A corona Virus Outbreak one of the front runners recovered 1000. 00 vaccine suspends trials after a bear to spend falls ill. And displaced and desperate for help hundreds of thousands of people are affected by flooding in sudan. Thank you very much for joining us afghanistans Vice President has survived what appears to have been an assassination attempt at least 10 people were killed when his convoy was bombed in kabul the former intelligence chief is one of the most targeted men in afghanistan and has escaped several attempts on his life a short time after the blast he posted this video and was a well you saw it after about that offer i want to assure you in a message that im fine in saif but some of my security guards are injured and they are in hospital i do not know about because you are to use about our people and once again im sorry about this i dont want to thank all of those who send their messages about my health i want to thank all the Security Forces were fighting against te
Desperate for help hundreds of thousands of people are affected by flooding in sudan. Thank you very much for joining us fire has forced thousands of migrants and refugees to flee their camp on the greek island of les pauls strong winds fanned the flames of several fires that moira come the largest in the country before say some of the blazes where started deliberately to protest newly imposed coronavirus restrictions the facility was based on to quarantine last week after the 1st case was found infections have since risen to fetch the 5 caroline will menace project coordinator for covert 1000 unless falls for Doctors Without Borders she says the conditions in the camp have been bad for some time. When i was a camper to best of the over 3000 people who are at the moment theres between 12 and 13000 people that were host up there until last night and so over nights fires have been raging in different places in the calm and the earliest reports this morning seem to indicate that the camp
You are watching cnbc. Good morning, good afternoon or good evening from wherever in the world youre watching. Im Brian Sullivan im glad to be with you during this troubled and turbulent times. Coming off friday 700point game gain for the dow futures are lower, indicating a drop of about 200 points for the dow, slightly less for the nasdaq 100 your big story right now is the price of oil and a new week bringing the same old story prices, they are falling in a big way. The may contract right now at an incredible 14 and change per barrel now down 22 overnight. The may contract, keep in mind, does expire tomorrow its also important to look at other contracts. Primarily the june or july contracts for oil. They are slightly less dire. The june contract at about 23 bucks. The problem with oil is very simple there is so much oil being produced around the world and so little demand right now for gasoline or jet fuel that unneeded and unused oil is simply piling up everywhere. Many storage tank