Hello. Egypts president says he is ready to work with what he described as all of our frebs to ensure the safety of Foreign Tourists after the sinai plane crash. He has been meeting with the british Prime Minister in london. Hundreds of people have been protesting nearby at president sisis human rights record. Cameron says britain is working with egypt to restore normal flights to Sharm El Sheikh as soon as possible. But role is to keep british citizens safe and secure and put their safety first. And i act on the basis of intelligence that i receive, and advise that i get. Of course i cannot be sure, my experts cannot be sure it was a terrorist bomb that brought down that russian plane, but if the intelligence and judgment is that that is a more likely than not outcome, then i think its right to act in the way that i did. Translator even after the crash of the russian airplane there was a telephone call with his excellency, the Prime Minister, and we agreed on more coordination on chec
Oil prices are now solidly below 70 a barrel and many analysts say they have more room to fall. That has americans celebrating as prices at the pump continue to fall, but not everyone is in a celebrating mood. Ill explain. But first, u. S. Oil futures settled at 69 a bashl. Prices seesawed between 63 and 74 a barrel. Prices have fallen 36 since peaking in june, and since crude oil is the main component for gasoline, prices at the pump have come down 29 in roughly the same time. The big reason that oil prices appear to be in free fall is because of a decision by opec producers last week not to put oil out put. Normally when demand lags, the leading Oil Producers get together and try to agree on supply cuts. But these arent normal times. Americas energy boom is creating more supply right when economies in europe and asia are starting to pull back on their demand for oil. Saudi arabia is viewed as the worlds sing producer. It has the ability to flood or cut supply into the global market.
Oil prices are now solidly below 70 a barrel and many analysts say they have more room to fall. That has americans celebrating as prices at the pump continue to fall, but not everyone is in a celebrating mood. Ill explain. But first, u. S. Oil futures settled at 69 a bashl. Prices seesawed between 63 and 74 a barrel. Prices have fallen 36 since peaking in june, and since crude oil is the main component for gasoline, prices at the pump have come down 29 in roughly the same time. The big reason that oil prices appear to be in free fall is because of a decision by opec producers last week not to put oil out put. Normally when demand lags, the leading Oil Producers get together and try to agree on supply cuts. But these arent normal times. Americas energy boom is creating more supply right when economies in europe and asia are starting to pull back on their demand for oil. Saudi arabia is viewed as the worlds sing producer. It has the ability to flood or cut supply into the global market.
Im ali velshi. And this is real money. Oil prices are now solidly below 70 a barrel and many analysts say they have more room to fall. That has americans celebrating as prices at the pump continue to fall, but not everyone is in a celebrating mood. Ill explain. But first, u. S. Oil futures settled at 69 a bashl. Prices seesawed between 63 and 74 a barrel. Prices have fallen 36 since peaking in june, and since crude oil is the main component for gasoline, prices at the pump have come down 29 in roughly the same time. The big reason that oil prices appear to be in free fall is because of a decision by opec producers last week not to put oil out put. Normally when demand lags, the leading Oil Producers get together and try to agree on supply cuts. But these arent normal times. Americas energy boom is creating more supply right when economies in europe and asia are starting to pull back on their demand for oil. Saudi arabia is viewed as the worlds sing producer. It has the ability to flood
The top Global Business stories. Another sign of progress in the labor market, u. S. Companies 000 workers last month which is the seventime in the last eight months payrolls have climbed by at least 200,000 according to adp research. The payroll report is a out officially friday and it is expected a gain of 230,000 jobs. Record. Nday set a sales according to Research Firm com score, shoppers spend more than 2 billion online monday. Growth is officially slowing and consumers of and spreading out there shopping two other days during the holidays. On ready for fireworks again capitol hill. This morning, congress will question an executive from the airbag maker who is refusing to issue a nationwide recall. Rejected the recall demand by u. S. Regulators and the airbags are lame for at least four deaths and they have recalled cars only in states with high humidity which is partially blamed for the malfunction. Ralph nader says takata thinks it can get away with defying the government. They