In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on
Issues could say more than that. I was president harris was not on the Campaign Trail Today or yesterday. Her opponent was talking today in georgia about him his plans for the economy, but also throwing out lots of red meat, including this about haitians living in springfield, ohio you have to move the people back to the country from which they can. You have a haitians are by Enlarge In Springfield lawfully and i was a Gary Tuchman reported Last Night, many now saying they are afraid do you feel safe for your family and this community absolutely not nobody knows whats going to happen. Leader when garys report aired Last Night, the foreign president was actually speaking at a rally in Western Pennsylvania where he said this do you think springfields will ever be the same . I dont think the fact is and ill say it now. You have to get them the hell out gaffe to get them out. Im sorry. Again can have it good havent send, them back there chanting the former president has also been talking t
Tonight on 360, the former president campaigns on the economy, but once again ends up questioning the future of democracy if he loses as new cnn polling shows his strength and weakness just six weeks out from election day. Also, what that new polling says about vice president harris and the economy. Cnn s john king breaks it down for us and his report from battleground, georgia and have communities of color see the vice president and how they plan to vote good evening, thanks for joining us sixweek in the presidential election. New cnn polling says, it is close and what people told the pollsters about the economy and other issues could say more than that. Vice president harris was not on the campaign trail today or yesterday. Her opponent was talking today in georgia about his plans for the economy, but also throwing out lots of red me including this about haitians living in springfield, ohio you have to move the people back to the country from which they came you have haitians are byi
Lays out her plans for the uk economy. We take a look at how they stack up. Take over or turn around . Rumours mount over the future of struggling Chip Maker Intel. And still there for us. Friends after all these years. How the Hit Show is doing after 30 years since monica, ross, rachel, chandler, Joey And Phoebe met in that new York Coffee bar and made a fortune. Welcome to business today. Im mark lobel. We start here in the uk where the chancellor, Rachel Reeves, has been laying out her plans for the economy ahead of the new governments first budget next month. The first ever female Uk Finance chief struck a positive tone. She is pledging a new era of stability after years of economic uncertainty. Saying his is a pro business, pro Worker Government that will deliver a New Industrial Strategy to unlock Growth And Draw in investment. Im joined by chief Uk Economist at pantheon macroeconomics, rob wood. Thanks forjoining us. What is your big takeaway from this speech ahead of next Month
I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring in steven schoenfeld, ceo of financial Data Provider marketvectors here in New York. We see equities rallying today.