Surveillance. I am Francine Lacqua. These are your markets. A lot of these european stocks higher at the opening. Now they are down a touch. Lets call it flat. I am looking at oil. A lot of the picture is contingent surrounding iran so you see a little bit of a lift up for american crude. What is going on with these european markets and you are seeing it reflected in yen. Yen is the one story that is the haven. Any risk attitude is reflected on yen. European stocks, a lot of investors are looking at these amounting into political risks. Ifore getting some figures. The german index, 97. 4. We get up around we get the with hernan a cristerna. Lets get to the bloomberg first word news in new york city. The drumbeat for Federal Reserve rate cut is getting louder. Minneapolis fed president says he called for a reduction at last weeks meeting. These comments reinforcing expectations the central bank is on course to cut rates. Trump says he would be able to demote fed chairman if he wanted to
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
and so give those competent to the winter. and so he give those competent to the winter. and so he needed to happen because we did and so he needed to happen because we did not and so he needed to happen because we did not happen and so he needed to happen because we did not happen businesses - and so he needed to happen because we did not happen businesses wouldi we did not happen businesses would have failed we did not happen businesses would have failed and we did not happen businesses would have failed and small we did not happen businesses would have failed and small and we did not happen businesses would have failed and small and medium . have failed and small and medium businesses have failed and small and medium businesses cannot have failed and small and medium businesses cannot afford - have failed and small and medium businesses cannot afford the - have failed and small and medium businesses cannot afford the scale of increase businesses cannot
And we have talked with you a lot about the Energy Impact of the war in ukraine on Western Europe but china also buys some russian energy, has that come up . Russia wants to sell more of its energy. Because russia is trying to pivot from the west to the east, it sees the market in the east, the Energy Market is very attractive. It wants to sell as much gas and oil as it can. The problem that russia has is it is not easy to quickly reorient its energy infrastructure. All of the pipelines that have been built over decades have basically been built going west. So it will take a lot of money and a lot of time and energy to build more pipelines going to china, for example. There is one gas pipeline that already exists to china, there is talk of building another one via mongolia. But this will take a long time. There are a lot of experts here that think despite moscow being very bullish and are saying, well, if we are suffering from all of these western sanctions, we will just sell our energ