In the United States, are expected them to cut rate another quarter point, dropping the ball on all of this and president declaring not even two weeks ago that hes an enemy, reminder how easy it is to make friends in the city, dow 75 points, lets get the latest first on the trade front on whats going on there and growing talk that at least the talks are back on and so far no one is throwing dagerds. No one is throwing at each other, the jobs are fundamentally strong, 130,000 jobs in august, 3. 3 over the past months, the white house economic adviser say it doesnt really matter that the jobs missed the estimate because the Labor Force Participation edged up. The people on the fringes of this come are coming in and getting jobs, if you peel back some of the numbers, consumer is still spending and thats in construction 14,000 jobs in construction, half in Residential Home construction, people buying homes, consumers are buying, the other half divided among specialty trade construction and
Every other participant on the fomc at least once per cycle. I think this arrangement i reserve banks around the country and seven governors guarantees that we will have a diverse view of perspectives around the table. The reserve Bank President s are chosen by their boards of directors who are largely privatesector people but with the approval of the board. I think this system guarantees a diversity of opinions. There is that risk of groupthink. If everyone went to the same schools, took the same professors we dont have that. We have people coming in every eight weeks with a different views, and i would not have it any other way. I spent a lot of years in the investment business. What you really want before you make an investment is to have the smartest person in the room try to explain why this is a bad idea. Not after you make the investment, but before. I place huge value on that. I have terrific colleagues on the fomc and i really do welcome all of that. It is a lot of consulting,
All new spending, with the exception of Vital Services and protecting vulnerable people, will stop immediately. The government is to relax planning permission for new onshore wind farms. The changes which come into force immediately mean communities can apply to their local authority to have turbines built. Local authority to have turbines built. Communities may also benefit from cheaper energy. The government hopes the new rules will help avoid a potential rebellion from some of its backbench peers. The Shadow Energy secretary , ed miliband, energy secretary, ed miliband, says reluctance to build more wind farms has led to Higher Energy costs. Energy costs. The government is being held to ransom by a bunch of tory backbenchers who since 2015 have stopped onshore wind being built in england and that has raised bills for families by £180 for every family in britain, were going through a cost of living crisis. Surely now those in st giles those conservative mps can see that its much bet
Proactive in dealing with the concrete crisis and has been issuing guidance since 2018. More than 100 schools in england and 33in scotland are at risk of collapse due to aerated concrete. Other public buildings have also been closed , including have also been closed, including a theatre in dartford. Both Gillian Keegan and the prime minister, rishi sunak, are under growing pressure over the issue , laughing gas will be banned and those caught in possession of the drug will face unlimited fines or up to two years in jail. New measures is expected to be introduced this year. Well tougher penalties well also see tougher penalties for the supply and production of the drug. Its been linked to antisocial behaviour with heavy use possibly leading to anaemia , nerve damage or paralysis. Its ten people have been taken to hospital after a bus collided with a car on the cleddau bridge in pembrokeshire in west wales. One of the drivers was trapped and had to be freed by firefighters and was then s
Of new york on edge amount of power of money . Its k y c and swift Banking Systems that can easily be bypassed. And what about how this is happening while actually in nature of countries fintech and its b r is used to impose totality. Irene control over populations red scott is the old of cloud money, cash cards, crypto and the wall for our wallets. And the heritage guide to Global Finance hacking the future of money. You joins me now for bill in germany. Thank you so much read for coming on before we Start Talking about the money gold. Uh, your, your view on crypto given that need to use is very diverse. Its being very volatile and its meant in the past year or so, nato nations dont seem to be able to sanction those they wish to sanction, to sanction labor. Because cook joe big going, bypasses washington. So yeah, being kept a printer has a kind of a be used as a sort of um i guess a kind of like a side. So to the Global Monitoring system. I think when im, when i and think about the c