Welcome to the pulse. Manus lets get some breaking news we have on the oil report. Is topply is outside opec fall the most since 1992. So, this is quite a severe warning shot from the iea. They going to say supply will fall by 10 overall. In august, opec, barrels. Ll 220,00 ba0 looking we have been at what Vladimir Putin would have to gain by lowering oil production. He is not part of opec. Forecasting that supply outside opec will fall the most since 19 oil glutday see the after reaching a 17 year high this year. That goes back to Goldman Sachs slashing their forecast, may we see 20 a barrel . I do not know if it is a positive but it does give a boost to certain countries. Cheap oil mean to produce for less and that drives gdp. Manus it does, indeed. Oilrig count drop in u. S. Production has been dropping for five weeks. The longest streak in 11 years. A lot to chreew over in terms of where we are with the opec and nonopec supply. Francine Chinas Central Bank was seen taking the step
Permission to do this, and i did not inform Mitch Mcconnell. I took to the floor of the United States senate and to be power that comes from being a senator representing one of the great states in this nation to force a debate on an issue that i felt strongly about and they feel strongly about for many years. The issue is not dead, though. Senate republican leader Mitch Mcconnell says lawmakers will vote on keystone next year when of course there will be more republicans in the chamber. Meanwhile, senators blocked an attempt to put limits on the nsas ability to collect phone records. It would force spy agencies to only obtain records of proof by a court order records approved by a court order. According to people familiar with the matter, president obama will issue a reprieve for undocumented immigrants whose children were born in the u. S. That is part of a plan to prevent up to 5 Million People from being deported. Russiasise from president vladimir putin. He plans to go for a crackd
They are young and they have a smile on their lives and a song in their hearts. Tom unlike friday, on a cynical surveillance. Vonnie Angela Merkel is stamping out any optimism of a solution to the greek crisis. She met late in the night with leaders of greece and france. Merkel says there is a lot to do before that can happen. Angela merkel i will have some bilateral talks and have already spoken last night with the french president and the greek Prime Minister. It was a friendly, constructive exchange, but it is clear further work between the institutions is necessary. Vonnie merkel is referring to the imf, the ecb, and the european commission. President obama says the u. S. And its allies are not losing the fight against Islamic State but he says more needs to be done to help iraq. He told the atlantic several days after he told that to the atlantic several days after ramadi was captured by isys. By isis. Maybe this is a prediction but i say it with full confidence. The president wil
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Jpmorgan and wells fargo out with their earnings reports. They beat the estimates but there are worrisome signs. Should Investors Bank on the banks or not. The top banking analyst on the street. Ty is down on the nyse. Sue, thank you very much. Again, stocks as you point out in rally mode. The dow up about 97 points, 96 right now and the Standard Poors back above 1700 at 1702 on this day 11 of the Government Shutdown. Five days and counting until the u. S. Hits the debt ceiling. The house gop offering a debt limit hike and the shutdown. Is it being played out behind closed doors right now . Luke russert of nbc news live on capitol hill. Luke, what is the latest state of play . The latest we can report is tomorrow morning at 9 00 a. M. The house gop conference is going to have a meeting where they will presumably leadership will present the plan forward in terms of the deal to raise the debt limit and possibly fund the government. The offer that was put forward to the white house by the