Stories were watching this morning starting with oil. Wti crude closing higher than brent yesterday. That was the first time of august 2010. Watch for Inventory Data. Well get that at 10 30 eastern time. And break in the last hour a new report coming up from opec predicting that oil will rise to 95 barrel but only in 24 years. Also on tap we get durables goods and personal income and spending and at 10 00 new home sales and Consumer Sentiment but some of the numbers came earlier when the Commerce Department released spend dag at a yesterday. We got november Consumer Spending rising. 3 last month. That came in line with forecasts. Also apple making it easier to nominate a director but there are restrictions. In a new filing that it put in with the sec the tech giant says its going to be eligible to make a nomination. A shareholder or a group of the 20 shareholders must hold 3 of shares continuously for three years. So also the good news there is it prevents some of the shorttermers. 204
Opec. A secret candidate from nigeria refuses to admit she wants to be secretary general. I do not believe that countries actually lobby for that job. It is a consensus and consensus it will be. And uber extends an olive branch, offering to open up its platform to london black cabs now as they threaten to bring traffic chaos across major european cities. Youre watching worldwide exchange, brings you Business News from around the globe. Good morning, every. Hello. Welcome. Yes, youre watching worldwide exchange, very glad youre with us today. On todays show, weve got a packed two hours for you. His successor has not gone too far in the war against deflation. Find out what else the former ecb president told us in his exclusive interview. Well be showing you that today. We head out to tokyo to get the details of toyotas latest recall as they admit to potentially defective air bags. Find out what other carmakers could be up pacted by the same supplier. And questionable behavior is justifie
First round and impressing everybody. So president obama, layed out today how the u. Will respond to the crisis in iraq. The troops will not return to combat, but he did not rule out air strikes against the Islamic State of iraq. Going forward we will be prepared to take targeted and precise military action, if and when we determine that the situation on the ground requires it. If we do, i will consult with congress, and in iraq, and in the region. Joins us live from the white house, the president says he intends to support Iraqi Security forces but he is drawing a very clear line here. If you look at what happened last friday, potential air strikes over the skies of iraq, and against those forces and today and see how far he has come, it is clear, tony that the president is further away now from a decision to launch those air strikes than he was when this first began unfolding just last week. A Senior Administration official on a background call with reporters not long ago, said we ar
President obama lays out today how the u. S. Will respond to the crisis in iraq. The president says u. S. Troops will not return to combat. But he did not rule out air strikes. Going forward we will be prepared to take targeted and precise action, if and when we determine the situation on the ground requires it. If we do, i will consult with congress, and leaders in iraq, and in the region. Mike, the president says he tends to support forces but he drew a very clear line today, didnt he . The key phrase is if and when, and the when seems to be down the road. To try to turn back those advances. Time and time again over the course of the last six days since the president first appears. And talks about it, but first he is not going to take that step until the government, the Prime Minister brings in a more inclusive government until the political situation, and there are the prospects for the irocky government to stand back and fight these rebels. Then the air strikes would go forward, bu
We actually have to listen to the few sharp but isolated showers experts. Across the south, and i will have the premier League Return really ramps up today with four more games, all the details coming up shortly. And in last nights game, Manchester United need a late penalty to earn its saturday, the 20th ofjune. Our top story the government says a draw away at spurs. It will make an announcement good morning. Nota bad about the two metre social distancing rule in england next week, amid growing signs good morning. Not a bad start to our it will be relaxed. Weekend weatherwise. Dry with lots pubs and restaurants are planning of sunshine around for many of us. To reopen next month but the Hospitality Industry just a few sharp at isolated showers is warning that without a change businesses will struggle to survive. Gcioss just a few sharp at isolated showers across the south. I will have all john mcmanus reports. The details coming up shortly. Its saturday, the 20th ofjune. Our top story