gravel, building, nigel farage. first, we will talk about labour. simon i notice a real rachel reeves vibe to the start of the week. she seems to be everywhere. it s no secret that labour have gone from, you know, the corbyn era to speed dating business to having a world wind at romance with business and that took a new chapter today when she met some of her british infrastructure counsel, which included the chief executives of lloyds banking group, mng, lots of top executives from international investors and what have you. and it is quite interesting that she did that during an election. because the sitting government cannot do that, but they were saying they were there in an advisory capacity. nevertheless, quite an interesting thing. and i think that what strikes me is their whirlwind romance with business is actually upsetting some of their traditional in their bid to woo the board room, they are upsetting some people on the shop floor, for example, the unite union did no
Lets check the markets. The europe 600 on a tear. Higher because of expectations of tax reform in the u. S. And what that can do not only to the dollar but to the world economy. It could make the spirits of the u. S. Move up a touch. Lunch in brussels. Will they are will they not . To severalspeak groups interested in brexit. Lets get to the first world news. Sebastian in the u. S. A Senate Investigation of the russian meddling in the trump case a instruction of justice case is coming. This is from Dianne Feinstein after Michael Flynn pleaded guilty to line to the fbi. I think we are beginning to see the putting together of a case of objection the case of obstruction of justice. I think we see this in the indictment please that take place in some of the comments being a. I see it in the hyper frenetic attitude of the white house, the comments, the continual suites. U. S. House republicans are drafting a contempt of Congress Resolution against members of the fbi. They claim that the rem
Hearing comes a month after the us air force admitted a clerical error that allowed a former airman who shot 26 people at a church in Sutherland Springs, texas, to buy a gun despite a Domestic Violence conviction in 2012. The Senate Judiciary Committee Hearing runs a little over three hours. [inaudible conversations] good morning everybody. Thank you for attending todays hearing. We gather here today in the wake of violent acts by evil man in las vegas and Sutherland Springs. Those two places get all the attention but there is lesser number of people dying in other places as well. Today, with the help of our witnesses, we hope to learn more about how those tragedies might have been prevented. And we will discuss various proposals on preventing similar tragedies in the future. Before october 1, 2017, few americans know what a bump stock was. Then, a shooter used bump stock to fire more than 1100 rounds into a crowd attending a Country Music concert. The shooting lasted only 10 minutes.
Hours. Morning, everybody and thank you for attending todays hearing. We gather today and the wake of violent acts by a violent man in las vegas and southern springs. There is a lesser number of people who find other places as well. Today with the help of our witnesses we hope to learn more about how those tragedies may haveve been prevented and we wil discuss various proposals on preventing similar tragedies in the future. Before october 1, 2017, few americans knew what they dump stock was. Then a shooter used him to fire more than 1100 rounds into a crowd attending a Country Music concert. The shooting lasted only ten minutes. The bump stocks enabled this person to fire ammunition as fast as if he had used an automatic weapon. 58 people died, 500 wounded. The deadliest mass shooting in our history. The law laws prohibiting the factoring of machine guns for decades and decades as has been the case and greatly restrict the sale but during the Obama Administration it was determined bump
Bill. The other group that we are seeing have the biggest reaction is perhaps the medicaid exposed insurers. So were seeing here molina is up by 2. 4 . Centin, wellcare, a couple of other insurers that are trading higher. Theres Something Else from the bill and im looking here as we are all trying to piece through the bill and look at the various pieces of it, apparently this latest proposal will provide an additional 50 billion over four years to stabilize the insurance exchanges. So even some of the larger insurers have been reacting, not as dramatically as this. But they are higher today. In fact, if you take a look at the groups that are moving in the s p 500 on the bloomberg, on the imap youll see that health care is in the top spot. And in fact has been rising all week. And has been outperforming the s p 500 all year. Health care in the top spot here, up 1. 25 . As we see these gains here as we get these details of the bill. Again, with the caveat that we dont know if this is wha