Vonnie russias president Vladimir Putin says he is trying to prevent the spread of terrorism. U. S. Officials say russian airstrikes in syria are not aimed at Islamic State, they are targeting opposition groups fighting serious president bashar alassad. Asidehas vowed to keep and power. Attacks hit one group of rebels trained by the cia. Secretary of state john kerry called for a political solution. He appeared with his russian counterpart. Even as we do not have yet a resolution with respect to some critical choices in the political solution, we think we have some specific steps that may be able to help lead in the right direction. U. S. Is concerned there could be incidents between russian planes and u. S. Warplanes in the same area. That government stimulus may be having an impact on manufacturing. Chinas measure of factory activity stabilized around a threeyear low. The report signals Government Spending on infrastructure gaining traction. Governmentrom forecasters, they cannot rul
Secondly, even if we are producing okay a few hundred thousand barrels a day more, that in no way changes our linkage to the Global Oil Price and the exposure to a price spike. In fact, if anything, its both the fact that we are connected to the crude Oil Global Market and the fact that we are and i believe will continue to be major oil product exporters. We are exposed just as in that anecdote i gave about britain in 2000, we are exposed to the Global Oil Price spike and thats really the modern issue in terms of what the sprol does for us. Point being, if were allowed to compete in the Global Economy well have a more robust oil and gas industry in this country than well have if were not allowed to compete with a more robust industry were less dependent on the sprol . Again, im sorry, senator i dont its not only the eia but the other studies that have shown that by lifting the oil export ban, we not only, panned our industry we create more jobs and Economic Activity in our country so w
Ericsson shares have a deal with apple. Analysts say it could be worth billions of swedish crohns. And fifa, footballs governing body hands a card to seth blatter. Good morning, everyone. It is the second to the last trading week of the year. Lets see how were fairg on this monday morning. Almost christmas. Yeah. Lets see if the markets are feeling christmassy. The stock 600 is up by 0. 800. Were close to session highs. It belies one very weak spot and that is spain. Were off by roughly 2. 5 . Why . Ibex down by 1. 71 . They did win in the general election yesterday but they couldnt hold onto the majority so what were seeing now is potentially a lot of stability. Well get out to julia. The cac 40 is up by 0. 9 . Take a look at the xetra dax, too. Up 5. 19. Now speaking of whats taking place in spain and as seen here, we are off quite a bit as you were just saying. Jewett yeah chat terrell ljulia joining us. Bring us up to speed with what we need to know from yesterdays election outcome
Retail sales once again blamed on unseasonably warm winter weather. Blame the weather seems to be the scene theme here in the u. S. As well. Anna we have heard this weather cited as the reason for a number of global retailers having trouble. It was a very warm year. So perhaps they do have reason. We heard from Marks Spencer on that subject. But we have to we have to talk about china. We heard patrick talking about a lack of handholding i the chinese authorities in doing whatever it is they are trying to do with their currency. We heard from nick wadhams as well in beijing. He said they botched this u. N. Devaluation. We need to understand better what they are trying to do. The pboc were being accused of the same thing in august. We have the nervousness at the start of 2015 in the pboc says we will cut it by the most since august. That fuels any uncertainty that already exists. As someone tweeted me this morning, if you were 13 minutes late to trading, you missed the whole day. Anna th
[gavel] welcome, ladies and gentlemen to the regular meeting for january 25, 2016 of the San Francisco Ethics Commission. I will call be roll call. [call of the roll] commissioner anders, cohen hur keane. Let the record reflect all the commissioners are here. Item number two, Public Comment on matters appearing were not appearing on the agenda. I would urge if you have comments that relate to the matters on the agenda, to hold them until we get to them because i think this may be a long meeting tonight and id like to minimize the repeat statement. But, anyway, lets go. We have missed you for a few months. Ive missed you. Im patrick. Im not appear to thank commissioner hur over all four years of service on the Ethics Commission as his term is set to expire in early february. Many of herhave been problematic but i would be remiss by not thinking him for his seminal boat when [inaudible] when he cast the Ethics Commission sold vote when behavior had not [inaudible]. As i wrote the time in