That talks are back on between the chinese and United States when it comes to a deal, anyones guess. But the fact theyre back on is good enough. Edward lawrence, live at the white house with much more on all the above. Hey, edward. Reporter neil, wall street likes the fact that the president said china would come back to the bargaining table. The chinese agreed to talk again. President trump agreed to hold off imposing any new tariffs. So far china has not brought back any concessions but secretary ross told me that will come when the two sides sit down at bargaining table again. The president thinks he already has sufficient leverage over china. U. S. Will not sell out for a bad deal here. Will take time it needs to get the right deal. Lastly shows that maybe the administration found a little bit after sweet spot on the tariffs. Reporter critics say the other walkback from china might be make a mistake. President trump reversed himself that allows u. S. Companies to sell parts to huaw
And now its time for Economic News russia will continue to voluntarily reduce oil supplies to the world market until the end. Year, by an additional 300,000 barrels per day, deputy Prime Minister Alexander Novak announced this. According to him, in november, after analyzing the market, a decision will be made whether to further reduce the volume of exports. Today it became known that saudi arabia will also continue to reduce production by a Million Barrels per day until the end of the year. The russian budget may receive more than 513 billion rubles in Additional Oil and gas revenues in october. About it says on the website of the ministry of finance. The agency also reports that within a month they will allocate about 399 billion rubles to purchase foreign currency and gold within the framework of the budget rule. Let me remind you that these operations are not currently carried out on the Moscow Exchange so as not to cause fluctuations in the ruble exchange rate. In russia , car sale
Lets take a quick look at the markets after a long weekend not after a long weekend. A week. Nasdaq up 25 points and the s p up. A longer weekend than usual. It was longer for me because i wasnt here friday. Here are the big stories. Greek banks reopening three weeks after they close. Capital controls remain in place including limits on withdrawals and no word yet on when the stock market might reopen. Although some are trying to play this with the etf and trades here. Increases in value and a tax agreed to on the new bailout terms have now taken effect on things like coffee and tea. Well hear more from Michelle Carusocabrera pulling double duty. Lets take a look at asia. It was another volatile session. The shanghai stocks closing higher. But closed up just shy of 1 . There have been a media report earlier in the session suggesting the government was studying how to end its bailout. Well continue to watch the ongoing volatility in china. Every day there seems to be a new story there.
To keep track of it and just sheer points, the dow up about 1,100 points and 2,000 points this year and theyre saying you know what, this may not stop and the climb to 20,000 may not be that far away. This is what he told matt lauer this morning. Well, i never have been a big person for the stock market frankly. Over the years i have bought stock, and i bought them when they were low and saw what was going on with the Interest Rates being low. It seemed like it was easy to predict what was happening. Why did you sell the holdings in june . Because i felt that i was going to be winning. I thought that i would have a really conflict of interest and owning these destinations. Why not announce this in june when you were under fire for a lack of transparency . I let everybody know. I let everybody know. Now, to be fair donald trump told people that they were leery and it goes further than that when he last appeared on this show to do just that and the wild markets. Now this dates back to de
Come here. Reporter the new face of hunger, why a growing number of young people need help. And inmates learning to be entrepreneurs, the Transformative Program that puts them on a new path. Welcome to al Jazeera America, im stephanie sy, the growing unrest in ukraine is getting the attention of u. S. Leader, secretary of state john kerry is expected to meet with key opposition leaders this weekend and next week assistant secretary of state Victoria Nuland travels to kiev to meet with both sides and come a day after reports of potential u. S. Sanctions against ukraine. Russia has stalled on a promise 15 billion bail outto ukraine and also new allegations of Human Rights Violations being levelled against the Ukrainian Government, a new report says Police Attacked dozens of journalists and medical workers during antigovernment protests and our Jennifer Glasse has been covering the protest from kiev and good morning and how serious are the allegations in this Human Rights Watch report . W