Is becoming less sensitive to Oil Disruptions and price spikes as a country became a net patrolling x. Where for the 1st time in modern history analysts have commented that further up style is still remains as iran is almost certain to respond in some scale scope and magnitude and events in 2900 served as a reminder for just how vulnerable the worlds oil supply is when attacks in september briefly took 5700000. 00 barrels a day off line as the outlook for Oil Remains Bullish for analysts across the board Higher Oil Prices could soon hit consumers at the moment pushing inflation hire a Prolonged Oil price surge could raise the risk of a Global Economic recession some learned that in 1970 s. Saudi aramco shares have now slumped to their lowest level since its record breaking i. P. O. As investors brace for potential iranian retaliation over last weekends assassination of the countrys most powerful general the stock dropped over 2 percent even as the price of oil rose 6 percent since frid
Firefighters as they try to tackle the blazes in australia from the and. Close welcome to the program our top story huge crowds have packed the streets in tehran for the funeral procession of iranian general us and still a money following his assassination on friday and a u. S. Air strike in iraq iran supremely to come anigh led the pres and at one point was seen weeping iran has vowed severe revenge and pullback from the 2015 Nuclear Court e. U. Foreign ministers will hold an emergency meeting on friday to try and save the deal the us president meanwhile is threatening sanctions against iraq if it goes ahead with moves to expel foreign troops that had taken iraqi Prime Minister told the u. S. Ambassador that both countries must Work Together to implement the troop withdrawal nato ambassadors of also call for responsible behavior and restraint on all sides but said all members stood firmly behind the United States in the middle east as a beggar ports now from to iran. A nation in mourn
Raging red glow the scene is confronting Emergency Service workers as they continue to battle huge. So that the u. S. Defense secretary says theres been no decision to put american troops out of iraq this comes after a draft letter by top u. S. General in iraq revealed that forces will be repositioning to respect bank that sovereignty the confusion in the pens can follow sundays nonbinding vote in the Iraqi Parliament calling for the removal of all foreign troops in response to the u. S. His assassination of irans Top Commander custom sort of money. Iraq has as the u. N. Security council to condemn the killing of sort of money and i would have. Had to rein in back to recchi paramilitary groups it wont swirled leaders to ensure that bank that is not dragged into international and regional crises here in sexual general hunton you could terraces also calling for restraint ive been following the recent rise in global tensions with great concern i mean Constant Contact with living officials
Firefighters as they tried to tackle the australia blazes from the. Huge crowds packed the streets in tehran for the funeral procession of iranian general custom solar money following his assassination on friday in the u. S. As strike in iraq iran super meta ayatollah ali hominine pres and was at one point seen weeping iran has vowed survey of revenge and pullback from the 2015 Nuclear Codes e. U. Foreign ministers will hold an emergency meeting on friday to try to save the deal u. S. President is threatening sanctions against iraq if it goes ahead with moves to expel foreign troops the caretaker Prime Minister told the u. S. Ambassador that both countries was worked together to implement the truth with troop withdrawal nato ambassadors meanwhile have been meeting calling for responsible behavior and restraint on all sides but they also said that their members stood behind the United States in the middle east as a beggar reports now from toronto. A nation in mourning and tears from the
December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter from north of 3 , 3. 5 well say at the start of the quarter down to only 2. 6 . And i think theres a risk maybe that Consumer Spending which was the major Growth Engine in q2 could fire on a much softer level in the Third Quarter. Alix inventories. We saw it drop on the Second Quarter which is unheard of when youre not in a recession. When is the payback for that . That subtracted about 120 basis points off the headline growth figure. And the expectation was well, that will turn into a significa