Well. Guy thats interesting. Interesting about the u. S. Consumer. Tells us a lot about where we are right now. European stocks are higher. Volumes arent exactly great right now, but the trade narrative is helping. We may get an effective rate cut out of the chinese overnight. Pay attention to that one. Looks like the huawei extension is likely to go through as well. All of that helping lift stocks up, but it is unlike volume. Yields moving as well, moving higher. Bond prices are coming down. Big focus on germany on the fiscal side. We will talk about that in just a moment. That is a narrative moving markets at the moment. Brent crude up by over 1 . A bunch of reasons for that. Weve had an attack in saudi arabia, a drone attack. Also, the trump tariff talk helps out, may be giving brent a bit of an uplift. The Global Economy obviously a significant factor. Vonnie sticking with markets, we are joined by ash alankar, Janus Hendersons global head of asset allocation, live from denver. Wel
Ambitions or the issue of sales by u. S. Suppliers like intel and others to huawei for new products going into the future. They are still prohibited from doing that. This is a limited move. We need to be careful about over interpreting this. There is still a crackdown happening on huawei. The department of commerce added 46 new huawei subsidiaries to its blacklist today, but at least a temporary reprieve for some u. S. Customers and a limited suite of suppliers. That is anid important distinction. Thank you so much. Now lets go to carolyn in frankfurt. We had a report germany will move ahead, the finance ministers and 50 billion euros. What we know about what they are planning . Carolyn just a backup, we heard from the bundesbank earlier that they see the German Economy potentially facing the risk of contracting in the third quarter. , that wouldarters mean we find ourselves in a technical recession. Were are also hearing from sources close to the government that the government is look
Testimony on capitol hill from the white house budget director, shalanda young. A special welcome to director young, who has had a very busy past few weeks and we look forward to your testimony. The budget is a statement of values that makes clear what we prioritize. President bidens budget would lower costs for households, strengthen medicare and protect Social Security. Invest in our kids, families, and communities. Reducing the deficit and making our corrupted tax code fairer. It is decidedly not budget for b billionaires and for creepy billionaires and fossil fuel overlords. Its a budget for families. These investments are more than worthwhile, they are overdue. I challenge anyone to say it isnt worthwhile to make investments in our kids. This would create Childcare Options for 60 million kids and fund prek access for fouryearolds and restore the full Child Tax Credit which we beta tested and saw work wonderfully well through covid. I challenge anyone to say that it isnt worthwhile
this is gps the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you from new york. today on the program, germany will give leopards as america offers the abrams. they re the most capable tanks in the world. what will the tank deliveries to ukraine mean for the future of its fight? how will russia retaliate for what it sees as a major escala escalation? we ll talk about all of that and more with the new panel. and the new government led by netanyahu is the most far right ever. its first month in office has been marked by provocations and protests and problems. a fight has begun over the power of parliament to overturn the rulings of the nation s highest court. would it be a major step back for the middle east s only liberal democracy? i ll talk to a close observer. and we ll bring you an important update on iran. on the anti-regime protests, and the status of the islamic republic s nuclear program. b
today on the program, germany will give leopards as america offers the abrams. they re the most capable tanks in the world. what will the tank deliveries to ukraine mean for the future of its fight? how will russia retaliate for what it sees as a major escalation? we ll talk about all of that and more with the new panel. israel s new government led by netanyahu is the most far right ever. its first month in office has been marked by provocations and protests and problems. a fight has begun over the power of parliament to overturn the rulings of the nation s highest court. would it be a major step back for the middle east s only liberal democracy? i ll talk to a close observer. and we ll bring you an important update on iran. on the anti-regime protests, and the status of the islamic republic s nuclear program. but first, here is my take. what should we think of the fact that donald trump, joe biden and now mike pence have all turned out to have classified material sitti