And were overdue. And getting that done, were going to show not only israel, but the entire world that the barbarism of hum us that we have all seen play out on our Television Screen screens is wretched and wrong. And were going to stand for the good in that conflict resolution passed with over whelming bipartisan support in the house. It pleasures the us to stand by israel against the quote, barbaric war launched by him. Us. Nowhere doesnt mention protecting civilians in gaza or humanitarian aid or calling on israel to show any kind of restraint. A competing resolution calling for a cease fire in gaza has been introduced earlier. I wish you to, to leave a palestinian american who represents michigan. That resolution got no traction whatsoever. Heidi to castro out, is there a washington hurricane or just has mainland for and mexico as a category . 5 storm wind speeds of 260 Kilometers Per Hour and torrential rains. Bassett, the beach time of acapulco power outages, have been reported t
Collectively punished for the groups attacks on october. The 7th, although nothing was on on the one that has no Transportation Fuel ambulances cause we tried to find a cod just to move his body, but nothing so many been killed. Its a mastercard, we kind of in theory that buddies we kind of identify how people use well continues to insist it has the right to defend itself. But the question is at what cost . The so i just see that i sold southern as well lets bring in some other well news. Now after weeks of deadlock republicans have elected mike johnson, the speaker of the house of representatives, the louisiana congressman. As an ally for my president , donald trump is election and followed bits by 3 of the candidates that failed to win enough support from hotline. Republicans chamber has been unable to possible since Kevin Mccarthy was ousted within 3 weeks of the 1st bill that im going to bring to this floor. And just a little while i will be in support of our guest, your friend isr
Is planning to buy some of those apartments, relax the rules on Mortgage Borrowing and step in to put the finishing touches on unfinished units. Separately, one of those big developers, Country Garden holdings, was today given another four weeks by the high court in hong kong to sort out its 190 billion of debts before hearing a petition from debtors to wind the company up. Duncan wrigley, Chief China Economist at Pantheon Macroeconomics joins us. What do you make of what weve heard today . Is it enough to contain the chinese Property Crisis . Yes, i think what weve heard today is from various officials, its helpful, but its probably not a panacea. So, you are right, there are moves to boost Housing Demand through easing mortgage terms, allowing people to borrow more, lowering Interest Rates and that should boost Housing Demand but a lot of that will go into the second hand Housing Market where there is a big overhang. The second big policy is allowing governments, especially local gov
Lets start in gaza, because us troops have, for the first time, used a temporary pier, to deliver humanitarian aid. These pictures from Us Central Command show the structure. The first consignments were brought ashore a few hours ago. It comes, as israel has accused south africa, of distorting reality, in its attempt to get the International Court ofjustice, to force a halt to its Military Campaign in rafah, in southern gaza. Heres dan johnson. This is a floating lifeline bringing aid direct to gazas shores, built by the us military, so larger ships can deliver additional supplies under the supervision of the World Food Programme and israels military. The americans stress, this is humanitarian work, there are no us military boots in gaza. Listen to the insistence this should only supplement aid by road. The pier is temporary and not meant to replace land routes into gaza. There is british aid heading from cyprus, and the Royal Fleet Auxiliary ship cardigan bay has helped open the new r
From fed chair jay powell later this week. The thing is it is the higher Interest Rates putting u. S. Treasuries firmly in focus and the looming Government Shutdown not helping either. Lets have a look at the open for bangkok. The thai market down a fraction and at the moment as well we are seeing the thai baht relatively steady in the face of what we have been seeing. The baht actually is not that steady, around 38. Actuallya a big day for the dollar. A rising yield, weve got the japanese 10year approaching 75 basis points. The three year in australia. Talking of bonds, lets bring in charlie jamison. Thanks for joining us. What are you making of this . We have jamie dimon saying the world not be prepared for a fed funds rate of 7 . Now he says the worst case is 7 with stagflation. What do you make of these comments . Charlie look, i think the world is certainly not prepared for 70 7 rates. We would have a deflationary asset unwind and it would burst a lot of asset doubles. It simply w