World tour have agreed to a shock merger with the saudi backed liv golf. This comes despite the pending litigation between pga and liv. That will now be halted as they move forward as part of the same enterprise. Over the past year liv golf caused huge disruption in the mens game, with top players such as rory mcllroy and tiger woods boldly criticising it. But other players such as Brooks Koepka joined liv golf for large sums with the backing of the Saudi Arabia Public Investment fund. The bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. Players can get along fine when they are playing for the biggest prizes. Money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. Michael roy was a groomsmen at garcias wedding. They now do not speak. But that sort of thing will be shoved to one side. What we wait to see is what shape mens golf take Going For
world tour have agreed to a shock merger with the saudi backed liv golf. this comes despite the pending litigation between pga and liv. that will now be halted as they move forward as part of the same enterprise. over the past year liv golf caused huge disruption in the men s game, with top players such as rory mcllroy and tiger woods boldly criticising it. but other players such as brooks koepka joined liv golf for large sums with the backing of the saudi arabia public investment fund. the bbc s golf correspondent iain carter believes it is the big investment being offered that has made this deal possible. players can get along fine when they are playing for the biggest prizes. money is the massive driver here, the likes of rory mcilroy and the establishment from the live setup, they used to be west friends. michael roy was a groomsmen at garcia s wedding. they now do not speak. but that sort of thing will be shoved to one side. what we wait to see is what shape men s golf t
chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is your as
move into new. what progress has been made move into new. what progress has been made so move into new. what progress has been made so far? - move into new. what progress has been made so far? you . move into new. what progress i has been made so far? you have h drouen has been made so far? you have hydrogen ships has been made so far? you have hydrogen ships at has been made so far? you have hydrogen ships at the has been made so far? you have hydrogen ships at the moment i hydrogen ships at the moment and they are building ethanol ships. the technologies there. the infrastructure is not there. when you are dependent on the ship owners taking a risky decision to go for this or that. risky decision to go for this orthat. ll risky decision to go for this or that. ., , . or that. if the infrastructure is not there, or that. if the infrastructure is not there, of or that. if the infrastructure is not there, of course - or that. if the infrastructure is not there, of course t
are talking about 500 jobs that the government could have replaced, 500 jobs to make the climate of everyone in this country worse. it is entirely unacceptable and the figures do not stand up and if they think they are going to be producing this coal in the 20 505, frankly they are not. because the whole world is moving to net zero by 2050 and therefore what we are doing is giving planning permission for a period where the point at which this sort of amount of coal could be used. a certain small amount will be used. a certain small amount will be used with carbon capture and storage but even that may be replaced by hydrogen. bud but even that may be replaced by h drouen. . . , ., , hydrogen. and challenges to this decision? will hydrogen. and challenges to this decision? will there hydrogen. and challenges to this decision? will there be - hydrogen. and challenges to this decision? will there be a - hydrogen. and challenges to this l decision? will there be a challenge in the cour