Things, still seeing the biggest gain or against the msc i asiapacific index as a group. That is currently the position we find ourselves in. David lets bring in our next chest next guest. Changing a lot of the ratings there. India and korea as well. He is here out of Credit Suisse. I wanted to ask about oil. Data out of china as well. Some people were expecting a cut. Where are we in terms of investing in china . The coming nest seems not to be able to find a floor. I think people need to state john take a step back. One thing we stress is the ability for the authorities to provide some offsetting stimulus. That has been true through credit creation and fiscal stimulus. We are to see some monetary easing. Loadsgh i think there are to pull the trigger right now, clearly, pressure is building, particularly on the external account, the current account. I think those oil prices will be offset somewhat by reducing the margin onto endusers on the retail side. I dont think you can escape the
The private equity giant 3g capital sold 20 million shares but there is a reason behind it. Stocks are set to open slightly lower well start off with that wework news, of course sort of trickling out yesterday, after the close. A delay in the planned Public Offering that has been so, well, such a focus over the last few weeks. As the price at least that wework thought it would get for its shares has rapidly declined over concerns about its Business Model, over concerns about governance, ever since they actually issued the s1, which mr. Cramer didnt take a fancy too, a lot of this goes back to mr. Adam newman, the man who founded the company and runs it. And this has been a chaotic process. Having reported on it now for a couple of weeks, i can sort of tell you ive never seen anything quite like this in terms of the disarray in preparing for a Public Offering. And i guess what was clear and perhaps funlly made clear to them was they werent ready. They were not ready to actually face pot
Fog. It is the first sunday in may, which means its the run for the roses Kentucky Derby right here on nbc bay area later this morning. Thank you so much for starting your final or your first weekend of the month with us. Im kira klapper im getting ahead of myself here. Cinthia pimentel has a quick look at our microclimate forecast. Such confusing weather out there, but you say it will be only for today. We were getting ahead of ourselves trying to think it was summer last week with some warm temperatures, but now we are returning things back to maybe february. We have a low pressure system bringing in some rain to california. It has started first in the north bay this morning and its creeping into parts of San Francisco, the peninsula scattered as it makes its way into the trivalley and down here into san jose. But just about everybody should prepare for what is to come. The models are updating our rain totals could get heavy at times as we make those saturday plans throughout about t
And its encouraging that we have continued to make progress since then. First, the amount of Nuclear Material in circulation continues to decline. More and more excess Nuclear Material is being stored and handled in a sustainable manner, like the recent shipment of excess plutonium and highly enriched uranium from japan to the United States. And the use of lowenriched uranium for the production of medical isotopes and other purposes is on the rise. Second, the material that is out there is being made more secure as more countries turn the iaeas recommendations into national legislation. Since the hague summit, 37 have committed to doing so most recently, jordan and china. And indeed, third, International Cooperation and commitment continue to grow. And the imminent entry into force of the amended convention on the physical protection of Nuclear Material is a great achievement. And this important milestone reinforces our efforts at this summit today. Im also delighted that earlier summi
If president obama gets his way, even as he continues to fight efforts by many of us to repeal outdated oil expert ban that would allow us here in this country to send oil to our allies. I think it does beg the question, and part of the discussion hopefully this newing will be with that source of revenue, that iran is anticipating to receive, what do we do with it . What will the intentions of these be . Libby did do good and build hospitals . Libby to direct yet additional sources of revenue to the terrorist organizations. In recent months we have seen a great deal of discussion about isis Oil Production and distribution, and Coalition Efforts to disrupt this source of revenue. Bottom line is that the Islamic State this oil is helping to finance terrorism. Significantly. I have long argued that Energy Security is central to National Security. Last year we released a series of reports. One was entitled Oil Production outages and strategic warnings. Another was iraq, through the lens of