first it was saudi arabia which announced it was cutting its production by one million barrels per day from august. then russia said it was cutting its production by half a million barrels per day from august too. the cuts mean global supplies will be reduced by around 1.5%. let s go live now to our middle east business correspondent, sameer hashmi. it doesn t sound like a lot, 1.5%, but it could have big implications. explain how important these two players are. explain how important these two players are- explain how important these two -la ersare. , ., ~ ., players are. let s talk about saudi arabia, the players are. let s talk about saudi arabia, the largest players are. let s talk about saudi arabia, the largest export - players are. let s talk about saudi arabia, the largest export in - players are. let s talk about saudi arabia, the largest export in the l arabia, the largest export in the world. these cuts were announced last month and they were not announced as
that follows the police killing of a teenager on tuesday. 16,000 police have again been deployed, but there have been fewer incidents nationwide than on previous nights. president macron said he supported the security forces but was also looking in detail at the events that led to the death of nahel. he was scheduled to meet with german chancellor olaf scholz today but cancelled his trip on saturday. joining me now is tomasz michalski, associate professor of economics at the hec business school in paris. tomasz, fewer arrests overnight. what is the situation likely you in paris? where i am, i am in the leafy suburbs of western paris, there is nothing happening that you can observe, anything. but having said that, the night has been, in different places, especially in areas where you have a lot of council housing, high rise towers and projects, that s where most of the writing takes place night has been calmer. and in the inner city, where you have shops that can be looted
i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th
since that does seem to be a premier issue. jacqui heinrich on what the latest polls are saying. she s at the white house. hi, jacqui. hi, neil. the first glass, today s gdp report looks good. considerable gain from the first and second quarters of negative growth. that 2.6% is driven in large part by government spending and increased exports. experts believe that those could drop off in the fourth quarter. also, another warning sign. if you look at all three quarters together, the growth is only .4%. which is extremely slow. more over, consumer spending is slowing down. that makes up almost 70% of the u.s. economy. so maybe not on the whole as good as it looks at first glass. the president thinks things look fine. great economic report today. things are looking good. despite that optimism that the job market is strong and a recession is not inevitable, voters are pessimistic. a u.s. a today poll shows 2/3s say the nation is already in a recession or depression. 10% say
still fully engaged. with that as a back drop we begin tonight on the north lawn with rich edson who picks up the story from there. hey, rich, good evening. richard: good evening, bill. job performance to the preferences of democrats and younger voters, a series of tough polling for the president here just a year and a half into his term. this is also a day that the white house held an event on the south lawn to commemorate a rare bipartisan legislative victory. though activists are pushing president biden to be more aggressive. have to do more than that. a gunman murdered manual oliver s son in the park land, florida 2018. this morning he interrupted a presidential speech. as president biden touted the recently passed gun law. this law had been in place years ago, even this last year, lives would have been saved. it matters. this legislation is real progress. more has to be done. with continued mass shootings republican opposition to stricter gun measures and the s