In europe that can become in some way mediators or those who can send a message across the atlantic for them to a lot of messages were already sent by the way or european friends of the United States in the recent months so there is nothing to it so once again it is december 29th being and economic punishment against russia is back in the headlines so this time around what is the biggest threat for the russian economy is it once again sanctions or uncertainty or volatility in the commodity market what can you say well of course there is a number of negative trends that are coming from the Global Economy would change impacting russian economy as ive said through this year is the weakest here in terms of economy girls in store and that is of course impacting the peace of god also for our exports in real terms in the in the terms of those who are being hit by the lower Commodity Prices some on the different come what is starting from oil metals call and so on so force of course this impac
The pipeline project so what does that say about how much moscow is able to come up with a plan b. Plan c. Etc well there was there was already extensive comments there that coming from president bush him is to cause a mutual friend in jail and what i would like to attract your attention to is the problem of the. Sanctions coming from the United States and its you know it big program for the water as a whole its being named as a problem not only from own slaves but the review from the review and say it just recently for example we cant go into commission was friends who were discussing the new mode of the amused when the me in france so and friends of friends the issue and he was telling me he was putting this publicly that these type of. From the United States. And acceptable so maybe that. We should talk more about that story which is you know supporting the overall global treaty sion and you know well that the global battles these here we can see im still in line and this is one of
, but overall stocks are indeed mixed. A little change after closing at record highs yesterday. A bit of a cause. Not unusual in this current market environment that we have record after record after record and little bits of causes in the in the middle. S we are not seeing those in the various industrial stocks. A lot of different news flow in this industry. Lets start with john deere, the tractor maker. Farm incomes are still languishing, but the cycle has now gone on so long that peoples equipment is wearing out, so they have to replace it anyway. That is driving sales there. Axalta coding, after a bit cell apart, those shares are rising about or percent. Rockwell automation on the flipside, spurning a third takeover proposal from emerson electric, saying it is still undervaluing the company, 29 billion is the current bid. Emerson electric shares up by about 2. 5 . Pricesg it out with oil this morning, a significant upward move in oil trading close to 58 a barrel for wti. That is af
Good afternoon. Thank you ladies and gentlemen, for turning out on a cold, late fall day. I can assure you its going to be worth your time. Im daniel disalvo, an associate professor of Political Science at city college of new york and a senior fellow at the Manhattan Institute here its my pleasure today to introduce our speaker, beth akers. So first things first id like to welcome beth to the Manhattan Institute wishes result become a fellow. Prior to joining us she was a fellow at the Brookings Institution center on children and families. And before that she was a staff economist at the president s council of economic advisers, and worked extensively on Higher Education policy. Second, i like to welcome beth back to new york. Beth received her ph. D in math excuse me, her ba in math and economics from suny albany at a ph. D in economics from columbia university. So beth is here today to talk about her book, game of loans the rhetoric and reality of student debt. Recently published by
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