Assistant to president trump. This is 25 minutes. Good morning. My wife and i just moved home recently and we had a house warming. A neighbor from where we used to live came to the house warming. Great guy, wonderful family, former marine, now works in the intelligence community. He regailed us the sad story of what happened to his house in the recent floods here. We had some very heavy rains in Northern Virginia and he ended up with three feet of water in his basement. Huge amount of damage. I asked him how bad it is and where are they now . He said, were negotiating with the insurance company. Its all going to be fine, except we lost all of our photo albums with our children. Not valuable in terms of currency value, but priceless in terms of memory. Are the think, what items that i would grab if that hurricane were happening, if god forbid there was a fire, what are the handful of things that i would reach for before i left our home to the elements . Its not many, really. Most things
A possible pathway to peace in yemen how did they respond. By dropping more bombs on yemen of course local groups on the ground claim that saudi air strikes occurred not only the polling day on sunday but then again on tuesday the 22nd of september with almas were t. V. Reporting that 16 yemeni civilians died in the 2nd round of strikes including 7 children. I guess peace doesnt get a chance when there are still buildings to civilians to kill and the u. S. Military Industrial Complex to feed which is why we are always watching the whole mess. With the. Rails that we see. As a part of. What they like you know that i got. The. Guts because. Well were going to watching the entire robot and. This would be my shocked. I just cant believe you know its one of those things where its like here we are you know. Were off for a truce or offer a little peace and saudi arabia responds with us which is just seems so typical in the world today because its not as if theyre fighting something thats a th
A call for truce and peace last friday night body armor shot to head to the Supreme Political Council one donaghue to run t. V. In yemen and told viewers we declare ceasing to target their Saudi Arabian territory with military drones Ballistic Missiles and all other forms of weapons and we wait for a reciprocal move from them he added that while they do reserve the right to respond if attacked the continuation of the yemen war will not benefit any side the sentiment was then acco the next day on saturday at the Un General Assembly through the special envoy for human martin grip of those who welcomed the initiative and sudden a statement if this initiative by is implemented in good faith it can send a powerful message of the will to end the war. Now how did saudi arabia and its allies respond to this call for a truce and a possible pathway to peace in yemen how did they respond. By dropping more bombs on yemen of course local groups on the ground claim that saudi air strikes occurred no
Rates. A couple members wanted to cut by 50 basis points instead of 25 basis points last meeting and most members viewed the 25 basis point rate cut as quote a midcycle adjustment. Members think trade tensions are far from settled. They expect trade uncertainty to persist. While the minutes are released with a threeweek lag and since they met, President Trump decided to move forward on further tariffs on remainder of chinese imports, it appears fed officials view actions like that likely to persist. So bottom line here, charles, while the fed cut last meeting it is unclear whether further Interest Rate cuts are going to be a slam dunk as they want to preserve optionality even in the face of ratcheting higher trade tensions. Back to you. Charles jennifer, thank you very much to help hash this out, President Trump continues to press on the fed,. Fed chairman Jerome Powell has totally missed the ball he said on Interest Rates. Watch. The Federal Reserve let us now. They missed the call. T
We also had gains in yuan lifting currencies. You can see the u. S. 10 year yield at 1. 72. The fixing at 7. 04. We are getting breaking news out of the philippines, another central bank that needs to do something because of the world economy. 4. 25, cut the key rate to following india, new zealand, amongst others. Coming up, we hear from the chief executive of adidas about trade wars and global demand. Now, lets get straight to bloomberg first word news in new york city. This morning, oil is rebounding from a sevenmonth low. Looks tos saudi arabia stem the slide and processes in prices. Bloomberg learned react will not tolerate continued price weakness as oil has been driven down to the worsening trade work and a surprise increase in stockpiles. Pakistan suspended a trade with india and downgraded diplomatic relations after new delhi revoked decades of economy for the disputed region of kashmir. Islamabad says they will take the matter to the united nations. India says the issue is an