Locations. Its an historic morning as the fed injects 2. 3 million in loans into the american economy. Powell has a live webcast in about an hour. We have the opec plus meeting to watch. Jobless claims, 6 million for a second week. But your point a moment ago is the fed is helping to take a credit crunch off the table and all we need at this point is a break on the science the fed is not going to be the reason why we go into a depression they want to stop that they want to make it a recession. Sometimes, i mean look, i was critical just a couple years ago when powell was talking about tightening when the economy was actually getting weaker. He is so far ahead of the curve that it will be studied. We will be studying this period, and we will say, unlike 1937, when the fed got tight and they threw us back into depression, we will say that jerome powell, after being a little unsure about how to handle things, decided to go out front and said we will make it so that if you want to make loa
Yesterday, but again we were talking about Massive Gains not just through the month of july but year to date as well well continue to keep an eye on this if youre watching treasury yields, this is where you would anticipate seeing moves if there were a downgrade if people were afraid of rushing into this. But it turns out u. S. Treasuries are still a safe haven and why the yields are still a bit lower. The 2year note trading at 4. 86 . Of course, all that related to what were seeing. Talk about the downgrade because it is our top story. Theyre citing what theyre calling an erosion of governance Emily Wilkins joining us now good morning to you. Good morning, andrew. Yes, shocking news yesterday at least for some of those in the Biden Administration seeing that downgrade in the u. S. Credit ratings from a aaa to a aplus this is only the second time the u. S. Credit rating has been downgraded like this treasury secretary janet yellen is quickly depending the Biden Administration she says
This is not about they would against all was this is really about the United Nation speakers, which are clearly demonstrating that as off just last week or so, only 3 percent of the food commodities exported from ukraine under this initiative have gone to low income countries. So i dont know if the general disturbing idiotic just been callous and being lazy at best to have perhaps. Now, how do you characterize the ukraines farm land and how the Food Industry works in ukraine . Because the, your recent report seems to suggest over many years, really the i m f and will bank to in the institutions along with profit tearing. Big companies have carved the whole of your bread bucks, basket up, especially after the cool in 2014, when a parent visa lensky was elected in a way to say, live were going to stop privatization. The privatization is, is the process now as well . Thats a very important point that he just made. Most of the world does not realize that under the foreign debt, ukraine has
Spurs fears of a fed hold in december. The fcc opens the door for spot either etfs. Rate rises still on track despite the economy slide. We get to april cpi numbers. Plus hedge fund opportunities. We will get around of of some of the stock picks. Haidi looking pretty muted, tracking losses overnight, u. S. Activity data, signaling the fed might keep rates on hold. Bringing home the higher for longer narrative that has been a drumbeat of the past few sessions. We are seeing equity features across the board pointing lower to losses of more than 1 at the open. Sidney futures down by more than 1 . New zealand with losses of half a percent. We are getting april trade data today for new zealand, ahead of the budget at the end of the month. Chicago nikkei futures softer despite the reassertion that policy normalization is on track despite the weakness weve had in the latest string of data. China futures looking pretty tepid. Annabelle a bit of a downbeat mood and it follows but we had with wa
Hello, the hell rahman youre watching the al jazeera news. I liked my headquarters here in doha, coming up in the next 60 minutes. Somali forces and a 30 are seen by algebra fighters at a mall good issue, hotel, 30 people, a dead russia launch is a Murder Investigation. After the daughter of a prominent putin ally is killed in a car. Bomb named moscow also can use Election Officials called for an investigation into threats and harassment during the recent president ial pole. And from ancient buddhist statues in china to these spanish stonehenge trying rivers reveal long submerged treasures. Im Joanna Roscoe at the sport as ukraine boxer. Alexander is sick feats, anthony, joshua, aim saudi arabia to retain his heavyweight titles. Im an emotional mike for both fighters. Ah, i get at the company. Welcome to the news. Are we start with the hotel attack in somalia, capital . Mogadishu . That lasted for more than a day, at least 30 people have been killed, and many more injured out about fig