And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
Lethal violence, an article published by the responsible state craft website notes that these findings contradict claims by the us military command in africa, africom, that it is thating terrorist threats on the continent and promoting security and stability, so what exactly are us troops doing in africa if theyre not fighting terrorists as they claim . Hello, im mubrah kenya and this is africa today, this week we are focusing on an unprecedented absent of terror. Terrism in africa, army the presence of us troops across the continent, our experts will give us their incisive analysis on how the us has contributed to increased terrorist attacks in africa. You can be part of todays conversation by sending us your comments through our social media handle appearing on the screen. Us increase terrorism in africa. Imperial. List powers led by the United States have long viewed the african continent as a place for stealing valuable assets. The continent has huge chunk of the worlds remaining m
Example of the bureaucracy of the government. So many levels of management and no one does anything. President obama is requesting a nearly 4 billion of emergency funding from congress to address the influx of children coming across the u. S. Border. Heres more about that. The administration has requested 3. 7 billion of emergency funding from congress for stopping some of the influx of children dealing with the situation along the southern border with mexico. Laura is with the wall street journal and writing about the story, what is in the administration request to congress . A lot of the money is to house the children and families crossing the border. That is where the crisis has been. A huge influx created children traveling alone and adult traveling have come across the border. And in each of those cases there are sort of special needs for housing them and the administration is not able to handle right now and that is what a lot of the money would go to work. The white house propos
Issue. Finally, the United States and europe need to get serious on alternatives. Practical projects that reinforce cooperation can help u. S. And eu approaches to climate change. I Hope Congress will find a way to allow the government to issue lng export licenses in a sufficient number for u. S. Lng to make a difference under an allied Energy Security act ian while not have an Immediate Impact it will not solve europes problems on the Energy Security it will be a very, very important political message. It would send the political message it would send is incall clabl especially to Vladimir Putin. By the way, i hope senator johnson in the course of the debate you will ask me what i think is ahead of Vladimir Putin when hes stopped short of invading the whole of the ukraine but maybe at another time. What really is at stake here in conclusion i would say is the cohesion and resilience of democratic and free societies. This is really an enormous task. And i do feel the United States must
And principles. So, we have that frank dialogue. We are able to do that with a very strong embassy team there. I think we need to continue to do that. It helps when members of congress visit the capitals to reinforce the message that we take corruption very seriously, not only as a matter of economics, or of moral principle, but as a matter of National Security. And until an ambassador is appointed, has the administration considered reappointing or asking mr. Butcher to stay on . Hell complete the tenure this summer. Theres another sar shay affair and take over by the end of the summer. Okay. Im sure senator murphy agrees with me we dont want to see a void there in romania. It is important we dont do that. Mr. Hochstein, you were talking about developing shale gas in europe. Do you have or does the u. S. Have any estimates or europe in terms of the oil and gas potential is if they were willing to exploit it . Yes, senator. We work with country that is are interested. And as chairman mu