On four courts in two days inside a gym in rockland and some parents are concerned because the california guidelines specifically say no indoor sporting events. The players, the families attendi attending, the coaches, the refs. One parent who doesnt want to be identified says while supporting the league and their son on the bay area base aau Basketball Team that helps young people with skills and scholarships, this gym looks alarmingly full. I was aware that it was guidelines. It was not supposed to be happening. Wishing there was another way to play. That puts you in an impossible situation when your child wants to play and they want to go to college and they have talent and theyre given an opportunity to play. We reached out both to the Sheriffs Department which says it does not enforce california sports oriented rules. As for the local Basketball Team, even after they were told multiple parents voiced concern about playing in rockland, they would not confirm that they were at the t
In the nhs is unveiled, so they wont be deterred from working overtime. 15 million customers will benefit from Cheaper Energy bills, because of a change in the price cap. Coming up in the sport later in the hour on bbc news. Former arsenal captain Laurent Koscielny has been accused of disrespecting the club after using a gunners shirt in a video to announce his signing with bordeaux. Good afternoon and welcome to the bbc news at one. The uk Food Industry has asked the government to waive Competition Laws to help cope with possible shortages if britain leaves the European Union without a deal in october. Existing rules prohibit suppliers and retailers discussing supply or pricing, but industry bosses say they will need to Work Together to prevent shortages and other problems. Today, bbc news is taking a close look at the implications of a no deal brexit. The phrase refers to the uk leaving the European Union with no formal agreement in place about the future relationship between the uk
To prevent Food Shortages in the event of a no deal brexit. And theres a warning of long delays for more than 5,000 lorries crossing the channel every day if britain leaves without a deal. President trump visits 0hio and texas after the weekends Mass Shootings amid continuing accusations his rhetoric has helped spread violence. Severe weather warnings for cornwall leads to a Music Festival for 50,000 people being cancelled at the last minute. Good evening and welcome to bbc news. Thousands of passengers have been left stranded after it problems with the airlines check in system. There were long queues as more than 100 flights were cancelled at heathrow airport. With more than 300 delayed at heathrow and gatwick. Leaving around 15,000 passengers affected. Ba say the problems have been resolved but there will be a knock on effect. Its not the first time the airline has experienced it problems. It suffered major computer failures last may. Lucy manning reports. This is not how the start o
Language or some appropriately until ahed safe harbor, new reference rate can be used, significant legal problems and challenges are likely to occur. Liborsthis in mind, as farduled end nears, and so is the secured overnight Financing Rate will apparently take its place, tell us, what can be done to accommodate the numerous contacts that do not have fallback positions . Chair powell thank you, mr. Scott. I think you said it very well, i think theres 300 trillion plus in contracts referencing libor 500 different currencies. The maybe elation 300 trillion plus in contracts referencing libor in 500 different currencies. Supervisesty which libor banks has said it will not compel the banks to submit libor past the end of 2021, and libor could then and. We spent many years looking at ways that contracts do have fallbacks. Weve worked with the retail groups in particular for mortgages and things like that to find a way so that if libor is not published, there will be a rate that is the fallba
The committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I recognize myself for four minutes to give an opening statement. Today this committee convenes for a hearing on Monetary Policy and the state of the economy. Chairman powell, welcome back. Today i would like to start by addressing the current elephant in the room when it comes to Monetary Policy and the fed. This president has made it clear that he has no understanding or respect for the independence of the Federal Reserve. He has said the fed, quote, doesnt have a clue, quote, unquote, called it the most difficult problem for the u. S. According to media reports, he discussed firing chairman powell because of policy he doesnt agree with. Lets be clear, it is essential that the Federal Reserve maintain its independence from the executive branch. So i urge chairman powell and other Federal Res