2 2 2 2 2. The global remittance market is growing in its latest novel admittance report for 2018 the world bank finds that while the Subsaharan Africa trails of the developing nations its still saw an impressive growth of 10 percent we go live to washington to talk to economists at the well back. Also coming up soon bob was fall from a once a prosperous economy has yet to hit rock bottom but how much worse can it get. And when in rome recycle as the romans do the city is testing new ecology values for trains conscious. Welcome to this is africa i want to get jones and berlin good to have you with us wherever you are right now because we all know of course that the age old saying sounds like home is where the hottest but it appears that home is also where the money goes and money sent by Foreign Workers to their home countries as one of the largest contributors to Economic Growth in the developing world now that according to the world banks global remittance report for 2018 part of the
Fed rate cuts and a decade. A busy week also brings policy decisions from tokyo and london. Shery lets get you started with a check of the markets closed. The session in the u. S. , the s p 500 and the nasdaq closed at record highs. The biggest jump in three weeks for the s p 500. The biggest in five for the nasdaq. We have twitter and alphabet leading a tech rally on positive results. Gains coming from stronger than expected secondquarter gdp numbers. We will see a rate cut by the fed this week. A very busy week for earnings in the u. S. We are expecting more than 160 companies to report. U. S. Futures unchanged. Lets see how we are setting up for asia. After a bright start, we have seen new zealand grinding steadily lower, looking kind of flat. Nikkei futures, kospi futures also flat. Busy week of earnings out of japan particularly. 157 Companies Reporting this week. Twoy we will hear from among others. 1 5 other kospi will report this week. In australia, the future is looking bright
Road map begins with bracing for the fed. Stocks near records, the market meltup continues as the president weighs demoting the fed chair, lets see what he does. Head winds for facebook, the tech giants cryptocurrency plan greeted by a wall of regulatory and data concerns in washington. And huawei ceo downplaying any revenue impact of a u. S. Ban on the company in an exclusive on cnbc. Federal reserve policymakers will conclude their two day meeting today. A policy statement will be issued at 2 00 eastern time. If the fed does not cut rates today, investors will look for indications it may do so later this year. Powell will hold his usual post meeting News Conference around 2 30 eastern well bring you live coverage obviously. Generally i would say, jim, consensus is no cut today. But maybe clearing the decks for as much as 50 next month i spoke with lance fritz last night, Union Pacific he said something very interesting, he said, listen, he supports tariffs in principle. But understan
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The speaker pro tempore the house will be in order. The chair lays before the house a communication from the speaker. The clerk the speakers rooms, washington, d. C. May 23, 2024. I hereby appoint the honorable Celeste Malloy to act as speaker pro tempore on this day, signed, mike johnson, speaker of the house of representatives. The speaker pro tempore the player will be loved by offered by chaplain kibben. Chaplain kibben would you pray with me. Eternal god, we pray to you as wepter this memorial day weekend. That you would bless our efforts to honor our fallen heroes. In the fanfare of parades and picnics, barbecues and summers beginning, may we take time to recall the countless sacrifices that were made to defend our freedoms and uphold our liberty. These noble men and women have stood firm. In the face of wars, alarms, and up against the anguish of adversity they would not be moved. May they rest knowing that they gave themselves fully to the work you, o lord, set before them to a