Oversight of wall street. Topics included International Competitiveness of us banks, proposed regulations that increased Capital Requirements aexrand access to capital for Small Business owners,veterans and underserved communities. Piggy â– hauser affairs will come to order. Senator scott, thankyou for your work on this. Ceos appearing before us daithe biggest global systemically important bankswi in the United States of america. Thanks old nearly 15 trillion in assets, manage trillions in investments and retirement accounts from the Biggest Companies in our country. Youll old nearly half the nations deposits, 80 trillion in client assets. Your banks touch ever of our Financial System even if they are not your customers. All that makes you eight onof the most powerful people in the country complex, so interconnected that their distress or failure pose a threat to the Financial System. You may be private companies but the risks you take mistakes you make dont just affect you, they dont
And now there is news from telegram channels, this is what my colleague pavel zarubin, autopresenter of the moscow, Kremlin Putin program, publishes about the meeting between viktor orban and Vladimir Putin, this is what petr szijarta said. We can support cooperation. Between russia and hungary in areas not affected by sanctions, and maintaining this cooperation is important for us. We are always criticized, but we act in accordance with the interests of our country. What will russias trade and Economic Cooperation with other countries be like . This is the main topic todays meetings of Vladimir Putin in china within the framework of the one train one track forum with the leadership of vietnam, hungary, thailand and mongolia, they also talked about the construction of the union east gas pipeline, what else was discussed, Maria Filippova will tell. The first meeting in Vladimir Putins Business Program with the head of vietnam. The main topic is trade and Economic Cooperation. Vietnam ac
Its got to be much more subtle than that. It got to be about helping each side see where there might be limited areas where they could work together. Im not the great believer in the grand bargain. Now sit down and have a discussion about every in. It is unlikely to be good but they will be some areas where people have quite significant differences and nonetheless have it limited junior level of communication which delivers from a practical benefit to both sides. We will obviously return in some detail of course and the next session. The secretary has made it very clear [inaudible] there is a general concern that we seem to lack a strategy on the full spectrum response with their business is taking them on when it comes to do social media before we even get into iraq with the iraq ema to make significant programs and indeed perhaps a more direct relationship with the kurds in trying to combat. The putting all that aside can you tell us what you would hope to achieve from participation
From the missing plane it will be the first confirmation that mh370 crashed into the indian ocean in 2014. The air kraf was travel from kuala lumpur to beijing. Consensus calls for gdp to have increased at a 2. 7 annual rate. Also important today, the government plans to be releasing three years worth of revisions from the bureau of economic analysis. You might remember Steve Liesman first reported in april that q1 gdp was statistically softer than the other three quarters for the past 30 years. They said it was developing methods to try to address this problem. Well see if they have. From the economy to earnings among the companys quarterly result results. Procter gambles ceo will be joining us. I didnt Say Something about that. Earlier, just now . I thought at the top the show you might have said p g earnings. I would know if i said that. I thought you might have said that. Now youre starting to hear things. Maybe its from yesterday. We did talk about john mueller being on the progra
Heavy volume in new york. In europe, shares in henkel with their biggest one day loss of almost four years after missing Second Quarter forecasts. The ceo tells cnbc hes not worried about being left out of the m a frenzy. Well continue to invest but whats also important is that you dont get carried away by the high multiples in the markets. We want to invest appropriately but at the same tile dont pay silly money. Welcome to the show. Now the International Energy agency just releasing its oil report for july. We are looking at a 25 decline through july and early august as well from the end of june. That is down to an abundance of supply and a strong u. S. Dollar. In particular, on the supply front, they said that oecb inventories rose counter seasonably by 9. 9 Million Barrels to hit another all time high of 2,960 Million Barrels in june. Interestingly this Oil Price Weakness over the last six or seven weeks does come in the face of oil demand growing and oil supply overall falling. It