Local spending from exploration of production dropped by a whopping 10 6 in twirch and is increased by 22 this year. Altogether this amounts to more than 300 billion dollars in lost investment to this industry. Yesterday, [inaudible] some of the focus was reporting high in numbers. Especially between 2015 through 2020. Recently in new deli we have figures rarng between 1 trillion are to 2 trillion are within this period. This track is not to continue in unprecedented in the history of the oil industry. We have never had this in investment for three consecutive years in our history. This is a frightening situation when you consider that it must be according to our oil outlook and must have 10 trillion in Oil Related Investment is required n to to meet future oil demand and the industry must not be able to emit this level of investment. These factors are the reasons decided it was time to take action and that action were there for the industry. And let me say also for the first time, we
Second day straight paid about two tenths of 1 in china. Nicole oil axon with a 20 billion Investment Plan that would create or to bypass and highpaying jobs and gulf states. Lauren chairs of snapchat only 12 below their first day of trading. The lowest price per year. Lauren thriller in texas and the San Antonio Spurs at the Houston Rockets and Cleveland Cavaliers. Lose the game in their new center against the miami heat. We will have all the highlights. Lauren 5 01 a. M. In new york. Welcome to fbn am, your first look at morning markets and breaking news. Nicole House Committee to begin voting on the republican bill to dismantle upon the care tomorrow. The measure would replace incomebased subsidies with tax credit. We give them a tax credit immediately useful. Ranges in price from 2,214,000 a year. Depends on your age and family. But ask him if they can buy affordable plans that are approved and certified in the state they are in end user of planes they need engineers, not the plant
Have five or six and here theres three major ones. Ill be a little tired tomorrow. Lets get to the first word. Heres taylor rigs. Taylor starting in europe, germany has looked at President Trumps allegation it owes large amounts to nato and the u. S. Put german accountant said theres no cannot. Theyve complained in the past most nato nations including germany dont meet the goal of sending 2 on convince of their budget. The challenger to merkel is ruling out a Donald Trump Style campaign. Martin shultze won the parties in september elections and pledge to avoid personal attacks. Social democrats are in the statistical tie with merkels Christian Democratic Led block. In the u. S. The Senate Begins hearings today on President Trumps nominee for the Supreme Court, neal gorsuch and theyre trying to get enough votes for the 60vote threshold for the streak picks and if not they will eliminate the threshold. Nd use a simple vote netanyahu threatened to dissolve his government and call early el
Step away from nafta. Rishaad and tech leaders push forward with grand plans locally and globally. I called for a moonshot of 5 million apprenticeships. 12,000 startups a day in china. 12,000 a day. Rishaad it is all ahead on bloomberg best. Rishaad hello, and welcome. I am rishaad salamat. This is bloomberg best. This week was marked by intense political disputes and startling events from washington to westminster to seoul to points in between with Significant Impact on financial markets. On monday, attention was focused on capitol hill. Joe fbi director james comey testified on the russian interference in the election, and alleged wiretapping. Mr. Comey with respect to the president s tweets about alleged wiretapping directed at him from the prior administration, i have no information that supports those tweets. And we have looked carefully inside the fbi. Joe what is the number one thing we know right now that we did not know yesterday . Well, a couple of things. Director comeys adm
Step away from nafta. Rishaad and tech leaders push forward with grand plans locally and globally. I called for a moonshot of 5 million apprenticeships. 12,000 startups a day in china. 12,000 a day. Rishaad it is all ahead on bloomberg best. Rishaad hello, and welcome. I am rishaad salamat. This is bloomberg best. This week was marked by intense political disputes and startling events from washington to westminster to seoul to points in between with Significant Impact on financial markets. On monday, attention was focused on capitol hill. Joe fbi director james comey testified on the russian interference in the election, and alleged wiretapping. Mr. Comey with respect to the president s tweets about alleged wiretapping directed at him from the prior administration, i have no information that supports those tweets. And we have looked carefully inside the fbi. Joe what is the number one thing we know right now that we did not know yesterday . Well, a couple of things. Director comeys adm