Good morning. The subcommittee will come to order. Without objection, authorized to declare a recess of the committee at any time. I would like to have a few members, congressman jordan, congressman meadows, and the subcommittee to recognize questioning the witness. Without objection so ordered. I recognize myself or five minutes to give an opening statement. We are here to amplify the recent Health Warning for the centers for Disease Control related to 530 ecigarette related incidents of lung disease on 38 states. I want to make clear, this emergency hearing at the beginning of this time. On august 23rd officials from illinois recorded the first death due to a mysterious vaping related lung illness and since then a total eight individuals tragically died. In response to this crisis the cdc considering putting the American Public not using ecigarette. Because the subcommittee investigated the use vaping epidemic we feel it is our duty to draw attention to the recent government Health W
The upside as we brush off some of the bad economic data. Lets get to the nub of what is happening. We see this movement for the u. S. 10 year. We have these gains of late dissipating, some recovery taking place. A little rally for u. S. Treasuries coming through. We have force johnsons brexits brexit Boris Johnsons tradersng, and that as await for a verdict as well. Oil 6. 3 down. The energy index as a whole lower as well. The asiapacific mse a asiapacific energy index is down 1. 3 . Energya asiapacific index is down 1. 3 . Lets get the market ahead of that decision with our Global Economics and policy mliv strategist. A week of spikes, oil and monday, and overnight, that technical issue, the spike in about 50rates, billion in liquidity. Later today, 75 billion more, if needed. Does the Oil Price Impact of rate cut decision . Spike has price already dissipated. Every chart you look at in your bloomberg terminal shows you you jump in oil a 100 prices to tip an economy into recession. I
Yesterday that he appeared eager to accept information from the russian government that could have heard clintons campaign. Secretary of state Rex Tillerson met with the king of saudi arabia today come in the final stop on his middle east mission to mediate the qatar dispute. They will not go into detail about the discussion, but there is no sign a breakthrough was reached. Saudi arabia is one of four countries that has severed ties with qatar. There was a great moment at last nights major league allstar game. Nelson cruz took out his phone and told him to take a photograph of him, the umpire was the first he was named the games m. V. P. Global news 24 hour was a day powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Life from bloombergs World Headquarters in new york. Scarlet fu is on assignment today. Were counting down the closing trading here in the u. S. Stocks and bonds jump. She did not offer much clarity. Key reading
Between President Donald Trump and the president of mexico. We are waiting to hear how that conversation went. Amazingly despite questions about what will happen with the trade agreements and whether or not there will be a border tax the markets are pretty quiet digesting the news and staying close to record highs. We are noticing mexican stocks. Actually doing fairly well. Would you say that it is a positive sign that at least the two sides are speaking behind the scenes . I think that absolutely is a good sign. We are going to have peter navaro. He said the vix isnt looking like anybody is worried. The markets are signaling that perhaps they are less worried about the talk. As you pointed out before and we certainly thought about often over the past year the lesson has been when things happen our Immediate Reaction is bad things are going to happen or whatever. It turns out that the market sometimes has gone against what the, quote, smart money would say and here may be yet another e
A warm welcome to countdown. Im anna edwards in london. Anus im manus cranny and by i suppose there is only one thing from rock my region to your chart. Anna lets talk about whats happening with the oil price. How this has rallied since february, wti oil rallying more than 70 from the almost 13year low reached in february, rallying now, really based around the canadian fires, the fires raging and although to alberta. There are other factors at play. We have seen a big shakeup at the top of the saudi Oil Administration. Is something that anyone involved in the Oil Industry Needs to be aware of as well. Manus it does indeed. That whole conviction trade about what happens with ali willimi, how much hardball they actually play at the next opec meeting . This is what we will touch on throughout the show, which is that change in power, that change in tone. Will there be a change in tone . Will they push you ran ira to get on boardn . Board . To get on anna you can see the couple of stories w