Whats to say that the white house quickly penned this lastminute stop rogue little damage control. As we have a long history of president s kissing but. It is all about swallowing dignity to keep the oil flowing. So wouldnt you love not to have to deal in deal with this nonsense. To suck up to all of the skyscraper that is the thing, we cant be choosers. And we already have all the energy pieces until the princes to go to hades. Anything that we are getting from saudi arabia or all of opec. But between keeping the Keystone Pipeline shutdown and natural gas supplies out of reach, is it any wonder that we are kissing those guys hands . I dont know too many big lottery winners of the come back to work the next day bolesta told abbas that you can take this job and shove it. And i dont open access would use those words, but john sununu knows the sentiment. He says we have it within our grasp to free ourselves from all these other situations. So thanks to cracking, we rule the shapira. Is, w
Whats to say that the white house quickly penned this lastminute stop rogue little damage control. As we have a long history of president s kissing but. It is all about swallowing dignity to keep the oil flowing. So wouldnt you love not to have to deal in deal with this nonsense. To suck up to all of the skyscraper that is the thing, we cant be choosers. And we already have all the energy pieces until the princes to go to hades. Anything that we are getting from saudi arabia or all of opec. But between keeping the Keystone Pipeline shutdown and natural gas supplies out of reach, is it any wonder that we are kissing those guys hands . I dont know too many big lottery winners of the come back to work the next day bolesta told abbas that you can take this job and shove it. And i dont open access would use those words, but john sununu knows the sentiment. He says we have it within our grasp to free ourselves from all these other situations. So thanks to cracking, we rule the shapira. Is, w
Especially victims of violence. I love to take part and send us your story. We are trying always to understand this new culture. So you are not a visitor, not a guests. You want to become a citizen. In phil migrants, your platform for reliable information ah, could rising borrowing costs put a stake through the heart of so called Zombie Companies. Theyve thrived on cheap credit until now, but may not last much longer as Interest Rates rise. Well look at why a wave of zombie bankruptcies might be a good thing. Also on the show tensions around taiwan have risen in recent days. Now a new study looks at how dependent german firms are on markets in china. And fish are dying in europes largest salt water, lagoon, environmental groups, blame large farming operations. Hello, welcome to the show. Im seeing beardsley in berlin. The bank of england is signalling yet another hike and Interest Rates as it fights inflation. Thats falling new comments from Deputy Governor dave ramson of the bank, jus
And Health Sectors are have the most such companies coming to one study, their shares tend to underperform market averages. However, for each of those sectors. Now, as Interest Rates rise, the zombies will have to pay more to borrow and that could result in more bankruptcies. And for more on this, im joined by news co vine from rob mornow. Hes a partner at the consulting for firm kinney, and hes been looking in into a zombie firms. Neils, thanks for joining us. Lets start off. I want to ask, can you give me an example of a zombie firm to help our viewers out here understand what these firms are . Sure, as 1st of all, thanks for having me today. And yes, it is a fair number of them that has been around for many, many years and we have taken a comprehensive look across the globe and on the company. Well, we have done is, as you said in the intro, we have analyzed companies that have been at least 10 years on the markets. But im not able to cover their Interest Rates with their operate, o
Saudi arabia online, the lowest cost facility on this planet. And on top of it, there are legacy issues like the one that we are removing this quarter, trying to remove this quarter, with a new initiations. We also have global news today. China consumer inflation picking up more than expected in june. But deflation remains for a 16th straight month. Countrys central bank is seen keeping policy largely neutral in the near term as a result of that. Here say look at the major asian markets today. The nikkei recouping all of the previous days decline, shy of a new sixweek high. There is a boj policy meeting there tomorrow. Two reports to note, at 7 30 eastern time, the nfi survey of Small Business sentiment, well get that. At 10 00, the Labor Department will release its survey of job openings and Labor Turnover in may. Joe . Andrew. Yes, sir. How are you . How do you solve a problem like alcoa . I guess it is maria, though. A 7 stock, 8 billion market cap. And i like kline felt. He acknowl