Monday cutting the companys expected revenue by nearly 20000000000. 00 saying quote we estimate will reduce production by 30000000000 dollars this year and the next our revenues will be around 100000000000. 00 while way had previously planned for revenue of 120000000000. 00 in 2019 up from 104200000000. 00 in 28. 00. And signs of weakness in the jet in chinese economy that many or it should be doing in part to the lingering trade fight with the United States seem to be driving the slip and Oil Prices Oil prices fell by about one percent on monday on reports of the growth rate of chinas industrial output falling to a 17 year low growing just 5 percent year over year in may concerns about chinese growth appeared to have exerted enough downward pressure on prices to roughly cancel out the upward push late last week in the wake of the apparent attack on 2 oil tankers in the gulf of oman west texas intermediate futures rose by about one percent on friday while brant futures were up by about
This is boom bust broadcasting around the globe and covering the world of business and finance the impact and the impact upon us all im daniel brito in washington heres a look at whats on deck today while prices are in choppy waters with invent some forces pulling prices in either direction in recent days they must lamo think markets is on hand in london to drill through the market prospects for black gold last swine fever continues to spread this time reaching another nation in africa while it continues to roil markets around the world fred kaufman author of bet the farm joins us to sort through the swine situation and later big pharma is back in the headlines of major drug giant pfizer has carried out yet another takeover barrows contributor to americas lawyer is standing by to dig into the details of the drug making deal with the pack show to this lets go and dive right in. The continuing and increasingly consequential effects of a trade war between the u. S. And china on chinese te
And signs of weakness in the jet in chinese economy that many are attributing in part to the lingering trade fight with the United States seem to be driving the slip and Oil Prices Oil prices fell by about one percent on monday on reports of the growth rate of chinas industrial output falling to a 17 year low growing just 5 percent year over year in may concerns about chinese growth appeared to have exerted enough downward pressure on prices to roughly cancel out the upward push late last week in the wake of the apparent attack on 2 oil tankers in the gulf of oman what west texas intermediate futures rose by about one percent on friday while brant futures were up by about 4. 4 percent. On. And on hand now to break help us break down all the goings on in the Global Markets and oil trade and perhaps some surprising topics is name shes a market analyst at think markets. Name 1st 1st on oil prices what is your take on the slide in prices thats happening despite the tensions in the gulf lar
Mean to, i accidentally, im sorry, you planted evidence on me, its a box without barcodes, that means it was sold without a cash register, well, now you have to go to the store, tie everyone up, lock them in a torture room and inject them with what, where, for what, you need to detain the store director, put them in an Interrogation Room and interrogate them, oh, well, go , its already worth it, yes, yes, okay, of course, youre with me, of course, you wont help draw criminals, from me a big, thick, cuban cigar, yes, i cant stand the smell of the kuban, goryosha, kokavance, demands to smell a cigar, im not a kokavance, now it will be, im not a kokavance, oh, i ll catch up, yes, the whole shoe fits me, yes, what i understand, maybe a little later, you wait a while, yeah, some kind of garbage truck drove into the doors of the warehouse store, its still there, i told you right away that there will be a garbage truck, soon, soon, dont make a promise. im with you, i immediately realized that
Witnesses. Our second panel of witnesses to take their seats and we will reconvene basically as soon as our witnesses get comfortably seated here and ready to go. [captions Copyright National cable satellite corp. 2024] captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org. Mr. Thompson meeting will come to order and pleased to welcome our second panel on this topic today regarding the threats of china to american agriculture. First witness for the second panel is josh, president of the american soybean association. Second witness is nova brings private and Public Sector experience, numerous agencies, the senate and cfius committee and third and time witness for this panel is a great friend. Committee the former United States ambassador to United Nations agencies for food and agriculture. U. S. Soy is working in 112 markets to introduce new customers to our high quality, high protein crops. Opening new ma