A great\showing backlash. Welcome to countdown. Anna a very warm welcome to the program. It is past 6 00 in the morning. Here in london. Lets get to a very interesting chat. A reminder of where we have been in the dollar over recent months. Fed chat boosting the dollar once again and that has been the story for the past month. We have here in the blue a chart that is showing what is happening in the dollar to dollar index which is sinking. A bit of a boost as investors increasingly factor in june, withas possible meetings the fed getting a boost from the minutes that came out from the april meeting. Williams adding to the constant flow of relatively hawkish commentary we seem to be getting from the fed. Youve got for the First Time Since march more than a 50 chance of an Interest Rate hike from the fed on june or july. Manus the big question is what the fed is about to do. Thsoose possible rate hikes are easing off the issues are the canadians. This could get everybody that bit of brea
These are completely counterfactual. Speed mac. The fed used to have reserves and one of the changes is that now they can pay it and they look at the new tool of the interest rate. And number of people to put this in context a number of people have been arguing one of the problems in terms of Funding Investment in the private sector is that the fed is taking the money out of the system by paying interest on reserves. I think there is very little evidence that that is the case created the design of the policy was primarily to make sure that there was control over the rate to keep the fund rate is much narrower than they had been. Remember that as a time when it was all over the place. It seemed to have worked quite effectively, and i think the evidence to that policy is pretty positive. The evidence against it in terms of its longterm effect is minimal. That doesnt mean that it couldnt be used to harm the private sector by taking the money out of the economy because they have discretion
Lets go to a second question and that is given the way in which this nexus crosses two communities, the Law Enforcement community and the National Security community, are we effectively organized to deal with these problems and the special issues of this nexus and how should we be changing our organization nationally or internationally to be dealing with these issues. Any thoughts from the panelists . We should not go to knee jerk reactions when a major disaster happens and ill give you an example. Back in the days of my partnership of trying to bridge that gap between intel and Law Enforcement and Work Together, during that time we had an Organization Called the organized crime operation. S group. Case officers from the cia, i had about 15, at any given time 15 to 20 fbi agents and analysts assigned there fulltime. It was very successful. With regard to Human Trafficking internationally, we did two renditions in that program for Major International human smugglers working together. 9
We have evidence that they gave disease infected chocolates to children. I plead guilty to having exercise to direct guidance of preparations for conducting biological warfare. Chiefly against the soviet union, biological bombs were to be dropped on vladivostok. But a sheila, about of jetta and blood go visions. Tribunal transcript, general yamato auto commander in chief japanese quantum army. Ceramic bombs containing typhoid and cholera and anthrax. What will so shuttle is seized, brainchild me today. You may go and medical russia. No, nothing to do with it. More like it. You gondo that up. How did serial not donia. So i wish i could build a pitch, looked at them. Aah bombs packed with deadly bacteria were meant to be dropped on soviet cities. O june 21st 1945 victorious soldiers marched across red square. With many of those present with martial va, soleski, as their leader would be re deployed to the far east, immediately after the victory parade. Ah, you fornia the meal of one of th
Protesters in ukraine refuse to leave Independence Square despite a new law targeting demonstrations. And how one of north americas most famous folk rock stars is lending his voice to canadas indigenous people. But first a Syrian Rebel Group has claimed responsible for a car bombing in the lebanese capitol of beirut. At least four people are dead in the attack which occurred just a day before peace talks are to get underway in switzerland. An alqaeda group claims they are responsible for the blast. The explosion went off in the street in a neighborhood loyal to hezbollah which is fighting on the Syrian Government side. This latest bombing is in retaliation for an attack allegedly by hezbollah on the lebanese town on friday. Abraham is hezbollahs head of Media Relations and joins me now fromdy rate. What is hezbollahs reaction to this attack . This is the fourth bombing, isnt it . In the same area in just a few months . Well, im afraid we we have lost the hezbollah spokesman. Well try t