Julie it is gaining steam as we go through the day, session highs in the past few moments, and at one point, we were seeing the dow and been closer to 1 than they are right now, so very close. That weisk on scenario are seeing come back into the market, so what happened with oil, as we have been talking about throughout the day, earlier a report that russia and saudi arabia had come to an agreement on some kind of protection freeze, but there was not really confirmation for more information until the roman came out and said there was a path forward to some kind of an until in delhomme the russians came out and said that was a passport of some kind of an agreement in doha, and oil is trading above its 200day moving average. This is a look at the intraday move, and there is the moving average, now bouncing up above it for the first time in quite a long time, as against the. We, technicians are saying are continuing to see and oil rally. Is that a sign that the autumn has been put in . It
He wants to modernize saudi arabia. He is the 30yearold youngest son of the king of saudi arabia. In a very short amount of time, he has consolidated power. He is officially the deputy crown prince, which puts him second in line to the throne. Over the past year, he has been given a portfolio, by his father over the economy, the oil industry, the defense ministry, and he is unveiling what is the biggest redo of the saudi economy for decades. He grew up wanting to be the next steve jobs. In the interviews he has given us, he talked a lot about technical revolution, what it means for people his age, 30yearolds who constituted more than half the population and saudi. In saudi. The biggest scoop to come out of this interview is we always knew they were under pressure over the past year or so, they are running out of finances. They had several hundred billion dollars of foreign reserves. What they told us is that a year ago, they realized their burn rate was giving them to a place that they
Officially the deputy crown prince which puts him second in line to the throne. Over the past year, he has been given a portfolio, by his father over the economy, the oil industry, the defense ministry, and o he is unveiling what is saudiggest redo of the economy for decades. He grew up wanting to be the next steve jobs. In the interviews he has given us, he talked a lot about technical revolution, what it means for people his age, who constituted more than half the population and saudi. The biggest scoop to come out of this interview is we always knew they were under pressure over the past year or so, they are running out of finances. They had several hundred billion dollars of foreign reserves. What they told us is that a year ago, they realized their burn rate was giving them to a place that they would be bankrupt by early 2017. The imf was telling the world they would be out of it by 2021. The world of a have five years. What was true is that they had less than two. Over the past 1
Where all of the borders were taken down when the European Union was formed so there could be a unimpeded flow of goods and people. Workers can cross orders. Of all ofn the wake the terrorism some of the borders are going back up. View profile eight hundred and guy trying to get to the border. It is causing problems. Ellen it takes longer for goods to get places. Is that it could cost 500 billion in extra cost of gdp because people cannot get a lote borders will of construction. 30 years ago. In the original container put along the damaged plant was not going to last forever. So they have been building a new plant they call the arch. To deal with evaluating the deep 3 and radiation. The debris and radiation. The completion of this incredible equipment. It is the business of the town. Carol and the ukraine. Dealing with the political environment. Ellen the ukraine is in the middle of this war with russianbacked rebels and the country is a mess. The government is a mess. Costing huge sum
Of the borders were taken down, and the European Union was flows so there would be of goods and people, and it meant that workers could cross borders, and now, in the wake of all of the terrorism, some of those borders have gone back up. David what are the effects we are seeing from that . Trying to get to the austrian hungarian border. it really is causing problems because it takes longer for goods to get to places, and people are paying for trucks longer, and the estimate is it will cost 500 billion and an extra cost in gdp because people cannot get across these borders, and france has put up borders, germany, austria, sweden, and they are not everywhere, but there are more than the were a few months ago. David you were looking at the area around chernobyl, and there was a report on this. Radioactives activity from 30 years ago. the original container put around the damaged plant was not meant to last forever, and so they have been building a new structure, which they are calling it