Still trying to get the final meetingfrom opec in the that started two hours ago. Those details continue to come through. I want to take a look at the s p 500 on a four day week. It is a shortened holiday week, so the bond markets will be closing in a few hours. It does mean the market is still having some of the best week, going back at one point since 1974. David thank you so much to taylor riggs. As we said, it has been largely a day about the federal reserve. Cioing us is rick rieder, for Global Fixed Income for blackrock and also head of their global Asset Allocation team. Welcome. When i heard this this morning i said my jaw literally dropped. What was your reaction . Rick i am right there with you. This is an incredible amount. It is followed by chair powells presentation afterwards. Not only are they getting into already what they have announced has been incredible. They are going deeper in terms of what they are doing. They are getting at wide swaths of different marketplaces.
Us to say that we are generally on the parent to civilian led government thats premature at this point mr reeves we thank you very much for your time and your expertise on this that is eric graves live in northampton massachusetts thank you. There are plenty more ahead on the news hour including mothers march in hong kong support of Young Students against a controversial extradition. Zimbabwes underpowered a commie unreliable electricity supplies are putting businesses and workers under pressure and the president has some big plans for the womens world cup the whole has the details and. The uns Nuclear Watchdog will hold a special meeting next week on Irans Nuclear program the meeting was called by the u. S. Which pulled out of the 2050 nuclear deal last year and says it will begin the 2nd phase of its planned to reach the deal starting on sunday iran has set a 2 month deadline for the remaining signatories that is russia china russia and france and germany to provide Economic Relief f
Havent happened because there are some other conditions as well and the candidate must go to certain support from the population at large im from elected officials if they dont they cone stone and the 2 persons who did want to stand couldnt get that support they would have were disqualified the moment the elections that should have been held yesterday simply couldnt go forward. Why are there not the people that can get that support where are those people. Well the problem is that there is a fundamental argument between the demonstrators on the one hand and the army and the elite on the other the army and the want to preserve the existing constitution the demonstrators want to replace it and remove the elite from office and that means that it is extremely difficult for the 2 to agree the army wont agree to we still formulating the constitution the demonstrators wont accept the only coming back into power and therefore fundamentally there is no agreement between the 2 how long can this t
Do you i think it you who. Ready are you did you come out to unite and unions of the orange unions most. Are willing to sacrifice their time in force for the future of their country the same protesters who forced out president Abdelaziz Bouteflika in april. As a member of the same elite accused of corruption vote rigging and for governance. The. 57 years after independence many algerian say theyre still fighting for freedom they want to clean sweep of the political establishment and a National Unity government to lead the transition to democracy victoria gating be out there. Still ahead on the bottleneck an Iranian Oil Tanker at the heart of the diplomatic dispute between 10 and the u. K. And others march in hong kong thousands rally in support of Young Students against a controversial extradition ban. Hello there is still showers wandering around her jake is stan but not many of them youre hard pushed to see very much in the satellite picture in fact you might say why am i showing it
We are having a lot of divisions. And a new beginning. It couldnt have encouraged impunity because it is very clear that. The our forces dogs if you dont mind change they do not. Issue of accountability yes but you know what happened at this strike site. This issue had been brushed aside. Again there is no. Clear link establish a clear link between the issues or for bringing peace and ending wars we have. And this is a big issue yes in the history of sudan and you have named some real issues with the agreement with what we know about the agreement so far including as you were saying the strike on june 3rd where dozens of protesters were killed and as far as we know there is still no timeline for this investigation what do you think the opposition has if anything has got out of this deal because you are also saying that its not a surrender. Well their position now they are to offer a new transitional arrangement but the rekers party and especially given the presence of and it glorious m