The veto, only the third of Obama Hospira and see. Janet yellen obamas presidency. The fed chair got the attention of investors when she told the Senate Banking committee that an Interest Rate increase is in the works. The modification should be understood as reflecting the committees judgment the conditions have improved to the point where it will soon be at the case that the change in the target range could be warranted. Betty yellen will faced questions from House Financial Services panel. Greece has more work to do if it wants to keep getting aid. The new reforms from Alexis Tsipras clear the way for a fourmonth extension of the bailout. The imf managing director says the plans may not meet the lenders benchmarks. Christine lagarde says greece must do more. Ukraine talks yesterday between Foreign Ministers broke down to fingerpointing. Russia and ukraine lane each other for violating the ceasefire deal. President Obamas National Security advisor has sharp words for Benjamin Netanya
Today will be the tiebreaker at least but it just tells you a lot about the month. Its been up its been down. In fact an even number of times. But whats also interesting, lets all remember this is the day before the fed announcement and usually you get a very quiet day ahead of that and youre getting anything but right now. Triggers arent taking a stand either up or down ahead of the fed meeting. Final hour of trade begins with the dow down 129 points after a strong session yesterday. Interestingly, its not like yesterday where all the indexes were up by about the same amount. The dow is giving up almost 0. 75 . The s p doing better only off 6 points. A third of a percent. And the nasdaq did turn green on the session. Its up by almost 7 points to 4,936. Some interesting moves. Lets see what oil has been doing as well. Down another 73 cents or 1. 6 . Were sitting near sixyear lows for the price of oil, and i happen to know also that the price of gold has been very volatile in todays tra
They produce about 100,000 barrels of oil per day. This is disconcerting for two reasons. One its a sort of business that was as we are supposed to be deterring and two it provides for russian control over significant European Energy supplies. Mr. Friedman is not currently subject to u. S. Sanctions despite his close ties with the kremlin. Do you know whether he might be a potential target for sanctions . Thank you for that. Im going to give back to on some the details but just to make absolutely clear that u. S. And european sanctions have targeted russian public and government assets and entities. Mr. Friedman runs one of the few remaining private companies in russia and as such has had his own strong views as a private citizen about appropriate russian european relations but let me get back to you on how we have evaluated that particular deal. But it is not a russian government deal. It does not deepen russian governments ties into europeans dependence on the russian government. Tha
Veto of the keystone of her is about protecting the review process for this project. The president deserves to have all of the input from the different agencies deliver to him so that he can make his decision. So today, in the hope that we will be having in the vote we will be having shortly, we are saying the president should be able to exercise his prerogative to review the pipeline and to the side whether or not it is in the National Interest to have this pipeline constructed through the United States of america. But we are also protecting his prerogative to decide in the end because this is a pipeline that should be rejected. Should be rejected on its merits. It feels its test on job creation. It will only add 35 to 40 permanent jobs that the United States will have on its soil. Meanwhile, we should be having a debate about the production tax credit because if we extended that, we would keep 30,000 permanently working here. As this window revolution continues to explode. Last year,
And women we urge you to call in and become a supporter of link tv. Today we will turn to economist richard wolf Professor Emeritus , he is the number of and off a number of books most recently capitalism hits the fan the Global Economic meltdown, and what to do with it. In a moment, so id not drop the book, we will play you a portion of a speech richard wolf recently gave. We are making available to you this amazing book capitalism hits the fan, the Global Economic meltdown, and what to do about it which stepbystep shows that deep economic structures and how they account for the crisis government a lot interventions that have thrown to little money, too late at a problem that requires more than money to solve. We urge you to call in as this news comes out five big banks to pay billions and plead guilty in rate ringing. Please make your call. If you would like to get a copy of the book, it is yours for 100. If you would like to get a copy of the full speech, it is yours for a contribut