Funding. Was that your experience too and if so is that something thats on going or petered out by now . Senator shut off funding i dont know. I mean, hes a more prolific fundraiser than i am, so he may have felt more of a difference than i did. Youd have to ask him. Im not aware of any conspiracy to shut us out of anything and im not aware of any one person or one group of people who has the ability to do that. Senator paul has this legislation that lets states implement their own medical marijuana laws and make these states no longer breaking law. Is that something you support on the Judiciary Committee . What is your stance on that . Senator is this the one that hes running with senator and had a long conversation with senator the other day. As i recall it would move marijuana from a schedule one to a schedule two; is that right . Right. It has some medical benefit and allows states that legalize it to regulate it. Senator one of the reasons for doing that that senator told me about
Had a red bag. He was detained as a protester. Mistakingly, i want to correct the record. With that i want to thank the panel. [applause] i have confirmed it is true that for those of you that have the temerity to hang out with us all day, we are in fact serving the in drop and the deficit will keep referring to that. The stage nancy cook, whose the domestic and reporter for the national journal. [applause] hello everyone. Thank you so much for sticking around. Thank you so much for joining us. I feel like the public appearances you make are somewhat rare. The cbo has been under fire recently so i think we will have a lot to talk about. Glad to have all you here to join us. Issince this whole event about the economy, i wanted to start off with a broad question. Five years since the start of the recession are you surprised by where we are at this point in economic recovery . We have been surprised and disappointed by the pace of economic recovery. I think the people who are more right a
We are live from bloombergs European Headquarters. We have a great show coming up. Lots of news breaking and some great business stories as well. We will be talking about shoemakers to the stars. And clients like rafa nadal big bucks for his brand. And we will sit down with jamie oliver as he expand his empire to hong kong. We begin with one of our big stories of the day. Bp, profit rose by a third during the second quarter. The british oil giant is warning that new sanctions against russia, which are expected today, could hurt its relationship and investment in rosneft. Ryan chilcote is tracking all of the action. We have learned what is at stake today. Another one of these stories, we start at the beginning. Bp had a joint venture with russia. A got a fistful of cash and 20 stake in rosneft, which looked like a smart move. Is in theosneft doghouse. Their ceo has been sanctioned by the United States and the u. S. Has restricted rose not ros neft, access to Capital Markets. Now they mi
Harvests have failed. Forests have caught fire to rate not witnessed in living memory. And river levels have dropped here, the famous rhine nearly ran dry. The availability of water is something weve previously been able to take for granted. But as awesome as become ever more extreme, a change in behavior may be an order. The conscious management of our precious resources is a theme this week on made d ws business magazine. The scarcity of water is by no means limited to just germany, as well as the problems on the rhine, which may parts of the vital river difficult to navigate. Other european rivers also suffered at least po, run with only 12 percent, its usual volume of water and the u. K. So its hottest ever temperature topping 40 celsius for the very 1st time. Europes agriculture said that the hardest from the drought instead of burying our heads in the particularly dry sand, about the impact of our changing climate. Though it surely time to act. A good way to start would be to mak
Harvests have failed. Forests have caught fire to right not witnessed in living memory. And river levels have dropped here. The famous rhine nearly ran dry. The availability of water is something weve previously been able to take for granted, but as awesome as become ever more extreme, a change in behavior may be an order. The conscious management of our precious resources is a theme this week on made d ws business magazine. Now the scarcity of water is by no means limited to just germany, as well as the problems on the rhine, which made parts of the vital river difficult to navigate. Other european rivers also suffered at least po, run with only 12 percent. Its usual volume of water and the u. K. So its hottest ever temperature topping 40 celsius for the very 1st time. Youre abs agriculture so that the hardest from the drought instead of burying a heads in the particularly dry sand, about the impact of our changing climate, though it surely time to act. A good way to start would be to