We cannot lose sight of the fact that none of this would be possible without that spectrum, and that is owned by the American People. That spectrum is essential. As a result of the efforts of some swamp creatures, both in and out of government, we came that close to having this spectrum, which belongs to the American People and is worth as much as 30 billion to 60 billion, given away in a back room through a private auction to three Satellite Companies, which happen to be domiciled in foreign countries. The excuse given was that these three foreign Satellite Companies can conduct an auction themselves and allocate it to the american Telecommunication Companies faster than the f. C. C. Can, even though the f. C. C. Has only conducted about 100 of these public auctions, generating about 123 billion for the American People. Why . Because the American People own the spectrum thats being auctioned off. Its theirs. But there was a proposal that came that close to passing at the f. C. C. To j
Treasuries are up in the pound is strengthening. Eurodollar, you can see 1. 10 52. As the focus shifts to Central Banks, a lot is coming up with news this week. We also have to look at renminbi. At seven. 08 7. 08. Some breaking news, a new chief executive at the royal bank of scotland. Alison rose will start at the position from november 1. And makes her the first woman to become one of the big for the over to hong kong, thats where Amnesty International is alleging the police beat be prodemocracy protesters. They also accuse the police of committing acts that amount to torture they would not comment, but say they respect the rights of people in custody. This weekend, demonstrations are expected to continue. And allout war in the case of iran in the country, thats according to the foreign minister speaking to cnn. She denies irans involvement and says he hopes to avoid a conflict and adds iran is serious about defending itself. Benjamin netanyahus days as Prime Minister may be numbere
Rates are the second time this year, but Jerome Powell says only moderate policy moves are needed from here. Down, a more turn extensive sequence of rate cuts could be appropriate. We do not see that, it is not what we expect, but we would follow that path if it became appropriate. Anna the fed also plans a cash injection to tame the repo markets. Sticking to its guns, the boj calls for an october review after leaving policy unchanged. Investors look to the bank of england for their Interest Rate decisions later this morning. A halfhour from the european open. Treasuries, let me trim this chart down. We have come back down from the fridayike we shot up to my currently trading at 1. 70 after Jerome Powells press conference. We see futures pointing to a negative open in europe. On the s p more tellingly. French futures flashing a little green. Off almostures are 0. 25 . What do you also see . Anna u. S. Futures do not will bethe late rally sustained into todays session. We see negative r
Means for retailers. Here at wimbledon, another fine performance from Johanna Konta takes her past a former champion and into the quarter finals shell be back on court again this afternoon. And it will be fully cloudy here at wimbledon today. Just a small chance ofa wimbledon today. Just a small chance of a shower. Some sunny intervals. The heaviest rain is likely to be gcioss the heaviest rain is likely to be across the north. We will be back with more later. Its tuesday 9th july. Our top story President Trump has stepped up his attack on the uks ambassador in washington, saying we will no longer deal with him. In a series of tweets, mr trump also said that theresa may had made a mess of brexit, adding he was thankful that the british people would soon have a new Prime Minister. The remarks follow a leak of emails written by Sir Kim Darroch, describing the Trump White House as inept and dysfunctional. Downing street says sir kim has the governments full support. Andy moore reports. Sh
Highlighted Infrastructure Investments and Natural Disaster response. [applause] [captions Copyright National cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy visit ncicap. Org] excellent. I am a counselor with the center for American Progress and really excited to moderate this discussion on the Climate Crisis and our response to it. The past year has really shown that we are in the thick of it. And to sort of ground us on it. I wanted to read a quick paragraph that struck me in a recent New York Times magazine piece sort of describing the impact of wildfires in the northwest. Heres a quick description. The sun turned blood red, or all but blooded out, disappearing along with the city skyline. The sky turned gray or eerily tangerine and ash floated down like snow. Sometimes there were weeks you were told not to open your windows or exercise outside. Sometimes there were long stretches you