Agreement ratified House Speaker nancy pelosi announced the agreement Tuesday Morning calling it a victory for American Workers listen. This is a day weve all been working to and working for on the patch to yes we were in range for elia but until we could cross a certain threshold of enforcement for our workers rights floor and environment and point of view drug issues as you know they learned the areas that we had played out there. Well so heres the problem though everybody on capitol hill is patting themselves on the back for this historic incredible deeply meaningful trade deal that will impact workers in such a positive way but can we just tell the truth here because politics aside the u. S. Embassy a isnt a great trade deal its in fact only a little bit better than nafta so lets go back over here to the wall where we can break down exactly what is different about this particular deal compared to the original nafta. Because remember President Trump campaign that nafta was the worst
Technology. This will only happen if the world hangs together and ofperates to create a sort and in the wake of that, a growing trading system. So, we need whether you call it multilateral is him or not, we need cooperation to maintain that, cooperation on the big global issues of dealing with climate change, someday dealing with what happens with the adoption of new technology that could be disruptive. We need a kind of cooperation that is sustained. We will have to leave it there. David lipton, thank you very much. The First International director of the monetary fund. Getting morell be Imf World Bank interviews over the next two days from francine and tom. A massive old in Oil Inventory through the week of october 11 has wti falling, down half of 1 now per barrel. We have a 9. 3 million build. The market was anticipating a 2. 5 million build. Gasoline inventory saw a drawdown more than anticipated with refinery use down by 2. 6 , of the mediocre gains that we had been making this we
Syria. The move comes days after washington effectively okayed the operation. The u. K. Government pushes ahead with brexit, although the current eu president says there is no chance of a deal this week. Shery later in Bloomberg Technology global link, we will outline the possible rescue plans for wework and what softbank can do to save the struggling unicorn. Lets get you started with a quick check of the markets. U. S. Futures at the moment unchanged after stocks fluctuated between gains and losses throughout the session. The s p 500 was led lower by utilities and materials. The Energy Sector down as wti lost the most rampant about two weeks, 53 a barrel. Investors still trying to figure out what a partial u. S. China trade deal actually means. Acrosslots of anxiety markets. Pretty light trading. We saw about 30 below average volumes when it comes to the 30 day average. We had u. S. Debt markets close away on holiday, so pretty thin trading. The focus this week now switching to earni
We have full coverage. Were down almost a percent right now and the small cap is down by 1. 6 take a look at the stock netflix down 4 . Well have much more on these moves later this hour. Kelly. Lets begin this hour at the United Nations where President Trump talked tough on china seemed to turn markets and the headlines about impeachment sending us lower e eamon has the details. Reporter the president taking a tough line on china today suggesting that theyre guilty of intellectual property theft and putting that in the context of a deglobalization of the overall World Economy saying leaders for too long have participated in globalization that hurts their own citizens. The president has been ticking the opportunity throughout the day to defend himself on this burgeoning ukraine scandal even as democrats are talking up the idea of impeaching him here is what the president had to say earlier today they have no idea how they stop me. The only way they can try is through impeachment. This
Its a peaceful saturday afternoon in a Rural Community in botswana a sleepy Little Village but not today. Because today members of the countrys heavy metal music scene have descended on a lady there the rock rockers in the local language of sets one of. The outfits are an integral part of the parade. And that applies in particular to the queens. 000. 0. Its a scene dominated by men but one in which the women are establishing themselves. Their her. Brother. In botswana is often called the garden of eden of africa the Okavango Delta with its unique terrain and wildlife is a popular Tourist Destination become a hurried desert is a semi savannah scattered scrubland it appears inhospitable but his home to a range of exotic animals the tourism of diamonds and cattle the 3 pillars of the countrys economy the herds of cows are free to roam and graze where they please its a sign of prosperity as it always has been. In court as much as people in botswana look to the future they remain rooted in