and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is very
church. the video first responders on the scene quickly thereafter trying to help the victims. but the sheriff saying that the dispatch received a call inside of the presbyterian church and say four victims were critically wounded and one had minor injurys. all victims were adults and enroute to the hospital. one victim is deceased at the scene. that s according to the orange county sheriff. one person in custody and recovered a weapon. emergency personnel responded to laguna woods, california, shortly after this shooting doing anything they can to help everyone at the church. at the moment authorities are asking everyone to stay away from the church if you are in that area. we are waiting to hear from them in about an hour so but meantime this is an active scene and the site of a new investigation in this country. i want to read a statement from the governor of california gafb newsom who said we are actively monitoring the church and working closely with law enforcement. no
be forgiven for thinking washington wants it both ways, they want lower oil prices remember they ran down the strategic petroleum reserve price last year to drive the price last year to drive the price down they will need to refill that it is at a 20 or 30 year low, the saudis may think there is an opportunity to remind them who is boss. where do ou remind them who is boss. where do you think remind them who is boss. where do you think prices remind them who is boss. where do you think prices are remind them who is boss. where do you think prices are headed, i do you think prices are headed, some say it could be $100 a barrel? ., ., ~ , ., ., ., barrel? nothing makes a fall of someone more barrel? nothing makes a fall of someone more than barrel? nothing makes a fall of someone more than an - barrel? nothing makes a fall of someone more than an oil- barrel? nothing makes a fall of| someone more than an oil price prediction, i think they have a certain price level in mind, the
change happens. that is that is true, and a lot has changed in washington since i ve been here. i ve seen it happen. when people think of washington. yeah. something that hasn t changed, of course, is the the thinking of politics, thinking washington is about the white house, the monuments. what do you think of when you think of d.c.? well, i think one of the sort of sub pieces of nomad is to be able to tell more additional narrative, cliches that they are known for and d.c. is known for politics. that s actually a very small part of the city. it adds almost nothing to the actual culture of the city, so we wanted to take that opportunity to show that same piece of statement through the lens of d.c. it shows them about the culture that continues to build the identity of the city that we all know. tell us some of the quintessential d.c. food and culture that viewers will experience this week.
starts to drop. if people think we re not god for our word and our money. that really could start an international financial crisis. which can t be overstated? it really can t be. i want to say this is not going to happen all at once on thursday. that s an important part. if we go over the limit. there is a cushion in the treasury. we don t know quite how long it would last. it s not an exact science. within about a week, after that it gets iffy. do you think the markets will react? can you see the writing on the wall the government will run out of money if pay for its bills. i think by thursday you will see jittery markets, by the 25th/tuitionth, most economists predict the money to be depleted. where is the smart money today? is there any confidence folks are thinking washington is washington and brinksmanship will be just that, they will get their act together? is there any confidence? rather than confidence, i would say disbelief.