Battlegrounds to watch in washington, d. C. Is senate is set to vote on the confirmation of judge Amy Coney Barrett after clearing a key hurdle over the weekend. Time to make the donuts. A possible 9 billion deal topping this mornings news that is sure to get your coffee brewing. Its monday, october 26th, 2020. Youre watching Worldwide Exchange right here on cnbc good morning welcome to the show im dominic chu kicking off your monday morning with stock futures pointing towards losses right now. As you can see the implied open for the dow is roughly 308 points to the downside s p is implied lower by about 39 and the nasdaq down by 129 points if these futures holds into the opening bell for regular cash Equities Trading the major averages coming off their first down week in the last three the nasdaq taking it the hardest with more than 1 loss on that side of things on the flip side, youve got the russell 2,000 small caps continuing its run higher. Seeing third positive week in the last f
When it is right, we will listen to very interesting programs with a new wind format, which has received a lot of attention, but in the new period , tell the viewers that our Voice Assistant has made changes in the field of science and technology, what programs have been added and what output. Delivery to our dear listeners, the Vice President of voice consists of networks that are active with our esteemed audiences, we have Public Network communications, which topics include, what channels do we have, which are exclusive, such as radio javan, which is dedicated to the youth of the country, and we have a Specialized Network that deals in specialized topics of economy, health, entertainment. The teachings of the quran we are busy making programs for these networks , including morning and evening programs. We have a very important part, which is the representation of the scientific atmosphere of the country, and the orders of the Supreme Leader zarif, scientific programs are always on th
I do believe the riskiest fossil fuels are easily identifiable youve gotten rid of some of them already. And there are others that can be done in a more immediate fashion. And in how many weve sold in the thermal area, what, Nine Companies . Right. Restricted. Okay. Thats what were looking to build on right now. How many people have come to you and said, weve divested and we made a mistake . Or we wanted to slow it down, if we had a chance to resell . Walk me through none of our signatories whatever divestment theyve done. Its important to differentiate. If you divest from all fossil fuels and you do that tomorrow, thats different than selling off two Coal Companies or whatever it is. So i think what ill say is that every signatory thats taken some kind of divestment action, has done it in a thought out, procedural way and not a reactive, getridofthistomorrow way. I can safely say that, right . Thank you. Thats helpful. Are we on time . Behind. Shall we go to alan or do you have more q
That we double up in this category then . You are a consultant. You are giving us advice for now and in the future. So if you believe its going to go up, why was that not in the recommendation that came before the board . Everybody in this room needs to understand that you hold securities in two places. You give them to managers and those managers make the decision on if the security is attractively valued or not. As a consultant, why dont you recommend us investing more money in the field if you think its going to go up . Were not recommending adding Additional Energy to the portfolio unless a manager hired to make that recommendation determines that thats what they should do. Were arguing that you dont take away that choice from them. The figures i quoted to you do not embed an expectation that Energy Prices will increase. What they do embed is taking energy away diversifies the portfolio. You made a statement that were making a political statement. Could you please back that up . My
John mentioned. That is to say, that the directionality is clear and transition to a lowcarbon economy is nuanced in the impact its going to have. John spoke really well to the nuances. It will create winners. It will create losers. The question is, how do you manage that Downside Risk and capitalize on the upsides of the transition . This response, how do you manage that and mitigates the solutions. Time check . I havent been timing you. Thats all right. Bill mckibbon called for a managed transition off fossil fuels. If were talking specifically about fossil fuel companies, which oil and Gas Companies are currently aligned with a two degree pathway and which are spending capital on projects that will be stranded down the line. To answer that question, there was a report that ranks the 69 largest oil and Gas Companies on the proportion of their capital expediture that falls either inside or outside of a two degree budget. What emerges is a picture of which companies are most exposed to