It is that we have a broken political system we are trying to understand. How did it get to this situation you have with the divided party and what are the repercussions in europe . We are just trying to figure out where it goes and what it means for us here in europe. Tom i totally agree and particularly nation to nation as may makes a visit to merkel today. Now to our first word news, heres taylor riggs. Taylor Donald Trumps son announced that he had the number of votes needed to win the republican nomination. His son says that as president , trump will not take no for an answer. I know that when people tell him and cannot be done, that is when he guarantees it can be done. When someone tells him something is impossible, that is what triggers him into action. Taylor the convention also nominated mike pence. There will not be any hard targeting when theresa may meets with Angela Merkel. Merkel has said there will be no concrete negotiations until the u. K. Triggers the clause. May and
A year earlier. Chinas Producer Price index dropped more than 6 . 43rd straight month of declines. Delaying its plan amid market volatility and four of the five companies that have gone public priced offerings below their expected range. Two ipos to watch today. First data and super market chain are both scheduled to price this afternoon but of course already starting to see cracks in the ipo market. Well see where those two go. Shares of sandisk jumping this morning. The flash Memory Company hired a bank to explore a sale of Micron Technology and Western Digital said to be in talks with sandisk. Merger is going through. Well talk about that. But is it the end or the beginning . Were getting closer to the end. But its frothey. These are 60 and 100 million deals too, right . I would argue all being done by companies that have weak fundamentals and thats the scary part. The question though, theyre slightly more rational than the deals at the real end of the bubble which is to say the pie
Among people in the Financial Community about what the Interest Rates will go back up to undergo backup. And so we expect someone push Interest Rates down and for example the growth of the labor force which reduces the number of people who are coming to work with any piece of capital and that pushes down Interest Rates and we look at the Interest Rates and a greater share of income going to high income people and increases saving and pushes down Interest Rates and a number of this relative to history and we also is think that there will be a info from abroad and i dont think that will pushes the we have the letter, if you will and we have that using the evidence that exists to assess these rules for sizes and let them we would like them to be somewhat lower over the next 25 years and so we took down the production of this by a percentage point. So if we put that back up, we did show in our report that if Interest Rates were have a percentage point higher over the entire 25 years and we
As well as why someone would have wound up on a further review list. Its taken us a while to do that and i want to apologize for him out of time. I want to make sure we dont miss the followup and anticipate that you would bet many cant do we have been a timeline . The question there as somebody mentioned earlier the ig said over 70 different locations. Do they want to do any additional review . They have created teams to go into all of those where the ig isnt in those are scheduled to be completed by think by midaugust is the completion time but in the meantime we are going to provide briefings on what the findings were. Thank you very much. Im going to be in reynaud in august. I have to go out there and speak. We will get you the dates. The dates when im going to be here and i will visit. Thank you very much. Lastly we appreciate the opportunity to provide technical input on the leasing issue. I think we furnish some of that information to the staff mr. Chairman that would help us be
That is the plan senator. So november for example of 2015. We will have become the drawdown by november of 2015. At that point how many of our Coalition Allies how Many Coalition allied troops will be with us . We will have 4000 plus or minus that will be with us in 2015. As we collapse back to kabul centric approach in 2016 i would expect we would have the least half of that number in 2016. So we will have about 5000 troops . Presents that they would have half in 2016 and 5500 is out there but the president s guidance has been about half. Your testimony before the committee today, and your best judgment to the congress is that the numbers that we protect 42015 will be adequate to provide security during that calendar year. Is that correct. Senator that is correct. The numbers in 2015 are consistent with the recommendation made to the president. Okay ndu reserve the right as i understand it to look at conditions on the ground and change that recommendation as it goes forward beyond cal